Elon Musk's New Startup | Sorry Tesla Stock

well Elon Musk is back at it again

you've got a lot to uncover in this one

in terms of what stocks could be

benefiting from what Elon Musk is up to

how you might be able to actually invest

with Elon Musk and what the hell is Elon

doing again because on one side you've

got especially the Democrat side and

remember my goal is to be neutral here

provide both sides on one side you got

the Democrats going

hey man

you signed and helped lead a letter

saying no no no no we need to pause AI

development for six months keep in mind

when I heard about that letter I made a

video and I tweeted that that is just

literally stupid because all it's going

to do is create a prisoner's dilemma and

the people who choose not to pause will

end up winning the people who pause lose

it's very simple that's that's Humanity

well it turns out that Elon Musk around

the same time as he was signing the

letter created a company called x dot a

i and he is apparently trying to start

an AI startup specifically focused on AI

that is separate from the AI you have

over a Tesla and so Democrats are like

there he is being a hypocrite again and

Republicans are people who lean more

right or maybe you're more in favor of

Elon Musk you're like dude no like this

is a hedge like he can sign the letter

and then if everybody agrees he could

also agree but if he doesn't agree or

like if everybody else doesn't agree

then at least he's hedged and can

actually get into the race and you know

I mean that one sounds pretty logical

but I I guess it depends do you like

Elon you believe the logical one you

don't like Elon you say the other one

you know just like for example there was

a another little hit piece from MSNBC uh

and uh you basically had a one of the um

anchors suggesting hey you know Elon

Musk could basically control political

outcomes by turning the dial on what

kind of media coverage we get you know

we could get less Democrat coverage and

Elon Musk that is brilliant reply to it

and this is not me trying to chill

elonge it was just a fair reply he

replied to that tweet it said you know

that's exactly what the prior

Administration did to Republicans now

he's right about that now do we know

that with certainty those kind of

shenanigans won't happen in the future

no of course not there's no way to know

that with certainty if you like Elon you

think it's all going to be free

transparent and clear and free of that

sort of dial tuning tuning dial tuning

uh and if you're if you're a Democrat

you think it's definitely not I mean

that's just the way it is you like Elon

or you don't right but what is this new

company that now he's talking about what

is this x dot a i what could this

possibly be well what it is is elon's

potential AI division as part of his

everything app remember that Elon Musk

actually just changed the name of

Twitter uh the corporation is now going

to be called X Corp and that is what

Twitter is now called x-corp and the

parent company is called X Holdings and

as part of X Holdings now Elon Musk has

filed for x dot a i and it appears based

on interviews that the financial times

has conducted that Elon Musk is looking

to raise money uh up to uh to sell up to

about 100

000 shares I believe it was or was 100

it doesn't really matter uh somewhere

around a certain number of shares they

want to sell to investors uh to to help

Elon fund his AI startup now they are

privately going to larger whales like

space ax and Tesla investors and Elon

Musk is starting this company separately

from Tesla which is leaving a lot of

Tesla Bulls wanting to rip their hair

out suggesting what the hell you said

Tesla was the AI company now you're

creating a separate AI company when is

Tesla going to get its CEO back Tesla

now has to has to deal with Elon playing

with Twitter and dealing with xai what's

going on and I've been getting a lot of

messages on this and while I think the

the

concerns are valid I don't think that

Elon starting a separate AI company is

actually net negative to Tesla yes

elon's going to be more distracted but

let me put it this way I honestly think

that in some extent and I'm not trying

to compare myself to Elon but I think to

some extent Elon is is very much going

to be distracted and and uh interested

in new things all the time anyway

whether it's xai or something else it's

going to be something I find I do that

as well like I'm really gung-ho I could

get a lot done for my YouTube channel

for my real estate startup and then I

want to go do something else and then I

go back and that keeps me excited about

regularly working on the different

projects so I personally do not think

the lack of of Elon necessarily being in

the factory every day is a net negative

to Tesla I don't believe that in some

cases I think insiders might actually

say it's a debt positive like let the

company operate damn it you know get the

boss away from over our shoulders now

there are some arguments that people are

making that but wait a minute AI was

supposed to be part of Tesla no full

self driving was supposed to be part of

Tesla the dojo supercomputer is part of

Tesla and the dojo supercomputer is

still part of Tesla now some people say

but dojo was supposed to be the AI basis

for all these other AI projects that

could happen true and it still can be in

fact it is entirely possible because

Tesla created the dojo supercomputer it

could potentially lease its super power

technology or or or sell you know some

of its assets I would hope some kind of

lease so that way there's some kind of

residual revenue for Tesla uh there is a

way to basically monetize the research

and r d that has been done at Tesla for

the benefit of xai which then also

benefits Tesla without distracting Tesla

Engineers from what we should really be

focused on which is full self-driving so

let Tesla be what it is what's going to

be the best and biggest car company in

the world with the best margins in the

world the best factories in the world

the robotics uh the Optimus robot uh and

and the dojo let that operate the way it

is and let Elon play is is artificial

intelligence game now if you think back

to one year ago maybe about May one of

the things that I regularly talked about

is elon's purchasing of Twitter actually

and potentially allows him to create a

verbal neural net like a language-based

neural net it's going to be a little

pisser and a jerk and really cynical

because if you base any neural net off

Twitter it's going to be an

but but but one of the things we talked

about is oh this is interesting if he

buys Twitter he could maybe create some

kind of verbal artificial intelligence

which you could then use in the Optimus

so you could actually go both ways right

you could say yeah maybe the AI company

starts leasing compute power from dojo

and some of the research from Dojo but

then vice versa that could go back into

Optimus so I don't really see this as

such a negative thing here I'll tell you

what I think is the biggest beneficiary

and then investing with Elon Musk how

that works so the biggest beneficiary in

my opinion is actually

Nvidia oh yeah that's also one of the

big Holdings uh that I personally am

exposed to there are a lot of ETFs uh

that have Nvidia in it I'm a big fan of

it I think it has a lot of pricing power

Twitter apparently has been buying 10

000 plus Nvidia gpus not only that but

Elon Musk says uh I said in an interview

it seems like every it was a Twitter

spaces quote it seems like everyone and

their dog is buying gpus at this point

Twitter and Tesla are certainly buying

gpus and it would be assumed that after

this xai gets started that there will be

a lot of Chip buying as well so I'm a

massive fan of not trying to be part of

this crazy AI gold rush I'm a big fan of

selling the pickaxes look you all go

kill each other with your AI whatever

ma'am I just want to sell you chips so

what am I going to do I'm gonna go down

the stack I'm gonna go where the

stimulus money is because guess where

there's no stimulus money in AI but

guess where there is stimulus money

chips and energy what do you need for AI

chips and energy Nvidia AMD asml to

manufacture the machines that make the

the chips uh the Fabs your Intel super

undervalued what the potential that

Intel might be able to pull off with its

Fabs that it's creating thanks to

stimulus dollars tsmc uh AMD and yeah

look I'm talking my book here but it's

because I believe it like I'm not gonna

go try to speculate on random AI

startups the barriers to entry are like

zero dude anybody can download the API

for chat GPT and boom you get started

with your AI startup so uh anyway look

uh my belief is uh this this is not a

net negative for Tesla wax now when it

comes to investing with Elon Musk the

odds are you're not going to uh I'm just

being blunt about that if that upsets

you you can get life insurance in as

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below Okay so

for investing with Elon Musk you really

basically you have to a have a lot of

money so you have to be an accredited

investor in some cases you have to be a

qualified investor and you have to be

part of the network so you probably

would have already had to ban an early

Tesla investor an early

um

uh SpaceX investor or know somebody who

is an asset manager that has billions of

dollars under management for example

like a Ross uh who has connections with

the investing fund round leaders inside

Tesla and the reason they do that is

because when you have a private holding

and people come to you you don't have to

go through the crap with the SEC which

In fairness is is fair game if you want

to solicit to everyone it's fair that

you have to go through the SEC I'm not

trying to bag on the SEC here so far I

like the SEC

um knock on wood but anyway like when I

did my house hack uh reg D for

accredited investors for me to do that

here on YouTube I had to put a filing

together and get that filed with the SEC

for us to do a reggae we have to put a

filing together and go through the SEC

which we're in the midst of everything

takes longer than you expect uh but

that's that's if you want to advertise

to everyone there's no way in hell Elon

I think is going to go through that

because he can get enough money from his

private circles so there's no ticker

symbol there's nothing to invest stand

it's just here are the ideas that Elon

Musk is up to and if you're interested

then pay attention and subscribe to the

channel so that gives me or gives you

rather my opinion on what's going on

with uh Elon uh what's going on with

this new xei company uh and uh yeah

that's um it's very interesting you know

uh AI platform next to you know some

kind of competitor to chat GPT you know

he used to be a co-founder at openai

left due to disagreements over AI safety

pretty wild this is going to be pretty

interesting to see how things develop

but I'm a big fan of uh we have a lot of

um uh did I press the wrong button I may

press the wrong button let me press it

again

there we go I'm a big fan of believing

that uh the sum of uh all the parts all

these AI projects is uh greater than the

individual pieces alone in other words

this is not a zero-sum game this isn't

if if Elon spent some time on an AI

project Tesla's gonna lose

don't think that way there's this is an

opera there's so much opportunity in

this world you gotta have an abundance

mindset and go optimistic on this all

right don't sue me bro

foreign

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