Hey everybody. Welcome back to the Elon Musk
Podcast. This is a show where we discuss
the critical crossroads, The Shape, SpaceX, Tesla X, The
Boring Company, and Neurolink. And I'm your host, Will Walden.
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notes. What advice would you give a
young person like getting into the stock market?
Like, oh, stock advice. Wow.
Yes, Sir, yes, Sir. As as I, as I think people can,
can perhaps tell who are watching this, these, these,
these questions are not prepared in advance.
This is literally random questions from the crowd, which
is cool. I actually, I'm fine with that.
And, and I think the it's going to sound very, very
straightforward, but you want to really buy stock in companies
where you think the the products that that company makes will be
better in the future. Like, like are they, is that
company going to make more and better products or like, do you
love the products that that company makes?
And are they going to keep doing that?
And, and like, I think Tesla, as I've just gone through Tesla's
going to is, has made, has a track record of having made many
great products and we're going to make many more future grade
products and we're going to scale up production.
And I think we've demonstrated a level of innovation that is
extremely rare. I mean, certainly by far the
most innovative company in the car industry, like not even
close to everything. So you know, like I do think
Tesla stock actually long, I think long term with Optimus and
self driving, Tesla will probably be the most valuable
company in the world. But there are also other
companies out there that make great products and services.
So I think that's the way you want to look at it, say like is,
do you do you think this product, because that's the
reason why companies exist is to make great products and
services. So if you think that the company
is going to improve over time, then buy the stock.
And if you don't, then don't. And then the stock market is, is
it's a very strange thing. It's kind of like, you know, I
think it was Warren Buffett's sort of metaphor analogy is, you
know, stock markets like having someone stand at the edge of
your property or your house and, and yell prices about to, to
buy, buy or sell your house every day.
And like, sometimes they take their meds and sometimes they
don't, you know, so sometimes the person yelling at the price
of your house is having a good day or, and sometimes having a
bad day, but it's still the same house.
You're like, I'm like literally still the same house.
Like, you know, so Tesla stock goes up and it goes down, but
actually it's still the same company.
It's just people's perception of the future.
I don't know, I guess it's just very emotional, you know, So,
but for me, like, while it's difficult to predict how things
will be from, you know, in the next day, 6 to 12 months, if you
say like where will things be in three years or five years?
The future of Tesla is incredibly bright.
I think what, what we'll find with the robots is that the
there'll be a ratio of people to robots.
So you'll effectively end up having managing a group of
robots. So you know, you'll have like
basically, I don't know, your flock or your little group of
robots that you take care of and and you tell them what to do.
And I don't know, you'll have to look at a pack of robots
basically. Yeah, you're promoted to
manager. One way to think of it.
And I think the same thing will be true of cars.
Like, so for the self driving cars is, is that people that are
say, you know, Uber drivers today or, or something like
that, or taxi drivers today will end up managing a fleet of, of
cars and, and that'll be a much more effective use of that time,
you know, just taking care of like 1020 cars or however many
they can take care of. Yeah.
I mean, I'd love, I'd actually love to make airplanes
especially, but stretched pretty thin.
So I've like 17 jobs at this point.
I just go to sleep work, go to sleep for the work, and then do
that seven days a week pretty much.
People say, like, where do you go on vacation?
I'm like, what's that, You know? But I guess I like being
productive. I like getting things done.
So I guess I could choose to be like on an island somewhere,
some bit of Mai Tai, you know, with the attractive people in
bikinis and stuff. Why wait?
Why am I not doing that? What?
What a fool I've been. So yeah, I've actually thought
about aircraft designs for a long time.
And I think there's an interesting opportunity to make,
like, an electric supersonic VTOL jet.
You know, the Vtol's like cherry on the cake, but certainly
electric, electric, long range, fast electric airplane would be
very cool. You know, maybe at some point
we'll do that. Yeah, that'd be kind of fun.
We do have the ingredients for it.
So. And then there is the potential
for. Yeah, we're like thinking like
pretty far into the future here of not a not a conventional
train, but that sort of Hyperloop essentially vacuum
tunnels, like tunnels where you draw a vacuum so there's no air
resistance and you have very high speed autonomous electric
pods in a vacuum tube vacuum tunnel that would allow you to
go from city center to city center much faster than any
airplane could possibly go. Because going into the into the
an underground vacuum tunnel would it'd be like teleporting
to super high altitude effectively, which no plane
could do. And then it could deliver you
right to the center of a city. And that I don't know, maybe
that's some future collaboration with warring company and Tesla.
I got a million ideas. The ideas are I have more ideas
than I know what to do with. Ideas are kind of the easy part.
Execution is the hard part. As they say, it's 1%
inspiration, 99% perspiration. Hey, thank you so much for
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