Grubstakers - Episode 02: Elon Musk
Episode Date: February 12, 2018In the wake of the Falcon Heavy launch many are wondering about the story of Elon Musk, the man who single handedly took credit for the work of countless SpaceX engineers. From his origins founding Zi...p2 with money his father earned from the apartheid government of South Africa to his tireless fight against the scourge of unionization we discuss what is known about this mysterious man and his journey to the front page of Reddit. Here's the tumblr with some of the research we did and any necessary corrections: https://grubstakers.tumblr.com/post/171240033962/research-for-episode-2-elon-musk
Transcript
Discussion (0)
This week on Grubstakers, we're going to be talking about Elon Musk.
He is the CEO of Tesla, the founder of SpaceX, the golden boy of Reddit.
He was one of the co-creators of PayPal, and he's currently worth about $20.4 billion.
Wow, that's a lot of money.
That's a ton of money.
We'll be talking about his family, his upbringing, how he got his money,
how beloved he is by people who are trying to unionize. This was actually recorded before this week.
Sean is off in Hawaii getting sunburned at the Pearl Harbor Memorial.
And so we won't be talking about his most recent rocket launches and his Tesla launch, literal and...
Yeah, we won't be talking about the launch of his car commercial
or the subsequent burnout and crash of Tesla stock
that both happened this week.
I'm pretty sure there's some tax documents
in the trunk of that Tesla.
And he just sent it out there and went,
I got off with it with scot-free.
It's like, oh, I didn't mean to get rid of it.
I just put him in the trunk and then the countdown started.
I had to get out of there.
It was...
But other than that, thank you very much for listening to our first episode.
We really appreciate it.
We'll be back next week with another episode.
Thank you for listening and check this one out because we're pretty sure you're going to like the musk on you.
Today on Grubstakers.
Cue the theme.
Cue the theme.
Because of my success in the private sector,
I had the chance to run America's largest city for 12 years.
I taught those kids lessons on product development and marketing, and they taught me what it was like growing up feeling targeted
for your race.
And that's just not true.
You know, I love having the support of real billionaires.
Welcome to Grubstakers, the podcast about billionaires and finance.
Hey guys.
Hello, hello.
I'm Sean McCarthy. I'm here with Yogi Poliwal.
That is me.
Andy Palmer.
Suck it to me.
That's me.
And Stephen Jeffries.
Hey.
So this week we're going to be talking about one of the most inspiring billionaires in the world, Mr. Elon Musk.
Rolling Stone has called him probably the only person who
has started four billion dollar companies. That would be PayPal, Tesla, SpaceX, and SolarCity.
And we're going to be talking about essentially his biography, his money, his labor practices,
everything else, all with a kind of, I guess, skeptical but data-driven eye towards whether
he really deserves all that money. Well I want to say
I think the best way to introduce him
using our newly perfected
soundboard, example on it,
is to have
him introduced by none other than
Joe Rogan. Joe Rogan.
So if you don't know who Elon Musk
is, here's what Joe Rogan has to say about him.
Listen man, he's probably one of the smartest human
beings on the planet Earth that guys you
know that they think he might have invented bit and Joe Rogan would know
speculation online you know what here's the thing I want to talk about this in
this podcast I don't even read the article I looked at the headline of my
problem he's probably one of smartest human beings ever he's I've never done
mad scientist from he's like a guy from a movie right like if you had a movie and there was some mad billionaire Robert Downey Jr. type character
that just kept inventing the newest crazy shit and was at the cutting edge of science
and was telling everybody to look out for the fucking robots that are going to kill us.
Yeah, of course he's like a mad character in a movie.
Robert Downey Jr.'s portrayal was based on Elon Musk.
I like how Sean is just speaking directly over our clip.
Should we pause clips when Sean talks? I feel
like it'll make the podcast take two hours if that's
the case though.
You know, I think let him talk over
it and then we'll edit him out.
Yeah, we don't want
to miss any Rogan.
Our podcast is
just playing the Joe Rogan podcast
and branding it as our podcast. I think
that's the fair way to do it. Grubstickers is 90% Joe Rogan podcast and branding it as our podcast. I think that's the way to do it.
This grub stickers is 90% Joe Rogan, uh,
50% the Sean that we didn't edit out.
Welcome to the pirate at Joe Rogan experience.
We're giving you access to all the premium Joe Rogan content.
All right.
Well,
did,
did Joe Rogan say anything else?
I can't remember how long that clip goes.
Uh,
no,
I actually just cut out a bunch of filler
where they're like, oh, man, he got a car, man.
And so it's just like,
and then they'll just loop back into it.
But he's a genius.
So really, I just cut together all the parts
where Joe Rogan's going like, oh, man, he's a genius.
Like, he knows about the robots, man.
It's crazy when idiots praise other people as geniuses.
And it's like, well, I didn't care about your opinion on who is it or isn't a genius.
So to me, he's just another person continued.
I mean, in fairness to Joe Rogan, he spent his entire life both doing drugs and getting hit in the head.
So I'm not sure.
But anyway, so, yeah, I mean, but and again, in fairness again to Joe Rogan, is that his attitude towards Elon Musk, I think, is very prominent on the Internet, particularly in corners of Reddit and stuff.
Where you'll see all his motivational quotes telling people to work 100 hours a week to get what they want.
Meanwhile, if what they want is unionization, he's firing them.
So, yeah.
And I think it's like, we'll get into this more later, but it's kind of this thing in society where on the one hand, you know, since Steve Jobs died, Elon Musk kind of fills that cultural role where we want this great man entrepreneur to solve all these problems that we have.
And, you know, it's ultimately people kind of are bootlickers and worship power and Musk has a lot of that. But just to kind of get into a little bit more about Mr. Musk,
Forbes, as of January 2018, estimates his net worth at about $20.9 billion.
He's 46 years old.
Forbes also says he's the 53rd richest person in the world, again, as of January 2018.
These things change a lot. And he was born in South Africa in Pretoria
in 1971. He has one sister and one brother
and he got beat up a lot in school. It's crazy how that's like the least
shocking thing about Elon Musk. But when it's written about or talked about, it's
very like, can you believe Elon was beaten up
in South Africa? It's like, yeah, I you believe Elon was beaten up in South Africa?
It's like, yeah, I can believe that a nerdy child was beaten up by bullies.
It's not a shocking sentiment at all.
But didn't he, like, he programmed his own computer game at age 12?
Yeah, that's his thing.
So, like, anyone who does that is just self-selected to get put down at school, basically.
Right, right.
Yeah, and they talk about like, yeah, you got...
They beat him up because he had loot crates in it.
I'm tired of this pay-to-play bullshit, Elon.
Prepare to get a swirly.
With a guy like him, you have to sort of like...
The bullies have like a really important social role.
They have to calibrate how much so they don't bully them
too much. But they actually did bully
them a lot.
So he designed that game
in I guess the early 80s.
What if it was just like a text based
school shooting simulator?
And because the only people using
computers could deeply relate to him, that's
why he made money off of it?
I just like his dad talks about the bullying or maybe it was mom. I can't remember. And there's like people in South
Africa. They fought dirty. Two people would hold you down while another one would beat
you up. And it's like kids fighting kids is always dirty. You don't have to make
it more dirty by saying that they're meaner by ganging
up on a kid. Like it's just like if you
told me like oh one kid punched another kid i'm like yeah that's some dirty play right there
children probably shouldn't fight one another yeah yeah i can't believe uh schools in a violent
apartheid regime were violent crazy thing about though that this was probably the least violent
bullying of kids in Africa.
Like, what do you really think about it?
Yeah.
Kids in Africa are hardened at a young, young age.
Bullying in school is the least of their concerns.
Kids in Chad read the Elon Musk story going like, wow, what a lucky kid.
Did he go to a public school?
I don't think so.
I think it was a private school in Pretoria.
Like, his family was somewhat wealthier.
Yeah, they had a lot of money.
Well, so yeah, we'll get into that.
His father was rich.
But basically, just one more thing on the bullying.
The worst incident was once he got thrown down a flight of stairs and knocked out cold,
which left him with a septum deviation that caused trouble breathing.
He got surgery in 2013 to repair that.
You know, he was beaten up by union thugs in school.
Right, right.
But yeah, so we should spend a bit talking about Elon Musk's father, because I think
that informs a lot of our understanding of Mr. Elon Musk.
But his father, Errol.
E-R-R-O-L. Yeah., but his father, Earl.
E-R-R-O-L.
Earl Musk.
You know, actually, can I just say,
you know what I think that Elon said to defy
his bullies? What, Andy? What did he say?
Sock it to me?
Yeah, I bet
that's what he said as he was being
thrown downstairs. Hey, Elon, we're going to sock it to you.
Sock it to me? Hey, Elon, we're going to sock it to you. Sock it to me?
Hey, Elon, is that true?
And that's just not true.
Sock it.
And that's just not true.
All right.
So this is just a – so to a source I'm drawing on for a lot of this is the closest thing to an official biography of Elon Musk we have is called Elon Musk, Tesla, SpaceX, and the Quest for a Fantastic Future
by Ashley Vance, who's actually a male Bloomberg reporter.
So I wonder why he related to the bullying stories so much.
Whoa, Ashley Vance is a dude?
It is a dude.
That's a shocking twist.
Suck it to me.
But anyway, so this is just a quote from that biography.
Quote, Errol worked as a mechanical and electrical engineer
and handled large projects such as office building, retail complexes,
residential subdivisions, and an Air Force base.
And of course, an Air Force base would be a government contract
for the apartheid South African regime.
And also, at later points,
his father also had a stake in an emerald mine in Zambia.
So the point we're getting at here is
definitely some of his starting capital
came from apartheid exploitation.
And so it should be noted,
just as far as his parents go,
his mother was a Canadian model Dietitian
His father as we mentioned was the electrical
And mechanical engineer
But they divorced at eight
And so eventually Elon actually went to live with his father
And
It's hard to find
Information on this is what I'm saying
Yeah there's one quote that said
That Elon noticed that his mom had his brother and sister, but his dad had no one.
So it was less like an emotional decision and more just like, I want to hang out with my dad.
But then it's like, how is that not an emotional decision?
You know what I mean?
Yeah.
Well, it's like a logical thing.
Like, oh, he has two and I have and he has zero.
So we'll go and make it one.
And, you know, it is nice that Elon has continued to apply that to the billions of dollars that he has sharing things equally.
But so basically what I'm getting at here is that his father was psychologically and emotionally abusive in various ways.
But it's hard hard there's not much
public information on this and this has been stated basically in the biography written by
Ashley Vance where Elon Musk's mother essentially says that because Elon Musk's father has since
had two daughters with a different woman these are Elon's half sisters and Elon has a close relationship with them.
He's very hesitant to bad mouth his father in public because it would reflect
badly or, you know, bring embarrassment to his two half sisters.
Yeah.
It says whatever is bringing these very protective, which is like, that's,
that's, that's code for I'm protecting him from some shit that the world shouldn't hear.
What do you think Elon said before his dad got abusive?
Suck it to me!
I do want to quote at a bit of length.
Also, we're probably not going to be talking about Nixon.
We just love this drop.
We is a strong word.
He was a self-made man.
Unlike Elon Musk.
Yeah.
Uh,
so I do want to quote at a bit of length from a,
a,
a good Rolling Stone profile.
They wrote in November,
2017 about,
uh,
Elon Musk.
And this is just a bit of,
uh,
him talking about his father,
a quote from Rolling Stone.
He was such a terrible human being, Musk shares.
You have no idea.
His voice trembles, and he discusses a few of those things, but doesn't go into specifics.
My dad will have a carefully thought out plan of evil, he said.
He will plan evil.
Besides emotional abuse, does that include physical abuse?
He asks.
My dad, this is quoting Musk again,
my dad was not physically violent with me.
He was only physically violent when I was very young.
Elon's eyes...
Suck it to me!
Elon's eyes turn red as he continues discussing his dad.
You have no idea about how bad
almost every crime you can possibly think of he has done.
Almost every evil thing you can possibly think of he has done.
Besides, you know, firing people for
trying to unionize, maybe.
Well, maybe in the mine.
Anyways, and then
this part of the Rolling Stone excerpt
ends with him saying,
the Rolling Stone reporter saying, there is clearly
something Musk wants to share, but he
can't quite bring himself to utter the words,
at least not on the record. Quote,
It's so terrible, you can't believe it.
The tears run silently down
his face. I can't remember the last
time I cried, he says.
He turns to tell her
as an employee
to confirm this. You've never seen me
cry. So basically...
It's a normal thing to say to your employees.
Yeah.
When I worked at Fred Meyer, every day I'd look
at my employees and go,
you've never seen me cry.
But we know he's seen them cry.
Yes. Yes. When they open
their checks.
90 hour
work weeks.
Yeah, when someone falls asleep and the controls
in someone else's arm gets crushed by a car.
Hey, you've never seen me cry.
Come on, cheer up.
Put a band-aid on that arm.
But whatever his dad did
that he won't open up about
that's just so evil,
it made it so that
he had to destroy
all labor law
within his companies.
Yes, yes.
He's like, what do you think his dad did did because he mentions beating him up as a kid which like you know is messed up but that that is what
had happened for you know a long time but what could he had done that was so terrible that must
to this day is like i ain't trying to bring that up well it's like so part of what he has talked
about is like you know his dad would always say he was like an idiot and he was gonna fail you know because musk uh well as we'll get to left
south africa for canada and later the united states and his father you know always talked
down to him and this kind of like emotional psychological abuse so that's the one thing but
so inner turmoil that's really what we're getting in here yeah that's the horrible shit that you
can't reveal right but uh you know and so when musk says you know quote almost every crime you can possibly think of
he has done i mean like i don't know how much exaggeration there is there because the other
thing is uh uh elon musk's father was contacted by this rolling stone reporter and he said
i have never been charged with any crime except for I shot and killed three people who broke into my house.
But I was later cleared of self-defense.
So it's like, yeah, the guy has killed at least three people.
That we know of.
That we know of.
And it's also like, you know.
You know what those home invaders said?
Suck to me.
But it's also like, again, this guy is a multimillionaire who contracted with the apartheid South African government,
who owned an emerald mine in Zambia known for their wonderful labor conditions.
So I could totally see him like fucking murdering a worker or something.
That's the thing that's interesting.
He was like a very...
I learned it from you, dad.
He was like, his dad was a really skilled engineer, but then also owned these mines,
which don't necessarily go hand in hand.
Well, it's like, and again, it's hard to get information on all this, but it seems like
some of his mechanical engineering and building stuff was actually in mining construction.
Right, but Elon mentions that his dad would fly them across the globe, basically, from time to time.
And he was very good at basically deconstructing any object he knew how it worked, basically.
Which is perfectly fine, but then it's like, why would you go into mining then?
I don't think he played really an active role in the mine, though.
I think he was just like a minority stakeholder.
Right, just collect the money and let other people fucking cut the slaves' hands off.
Like he's just owning real estate.
So you'd say that he was, as a stakeholder in a mine, he was a grub staker?
Yes, one might say.
Suck it to me!
I promise that we will get more drops.
Yeah, right?
Andy's ADD is running up against
our limit of number of drops.
We have three or four, but Andy
is fixated on this one drop.
I even mentioned to him when you were doing that, I was like,
hey, play the other one. He didn't do it.
I didn't think it applied.
It was Sean talking about facts
about Elon's dad. Elon saying
it's not true is perfect for that moment.
No, it's not.
That's just not true.
That's just Elon talking about...
Sock it to me.
Also, it automatically goes into sock it to me.
But I did want to share one more thing about his wonderful father, Errol Musk.
Errol Musk has a Facebook profile that you can all look up.
If you just search Facebook for Errol Musk, he'll E that you can all look up if you just search
Facebook for Errol Musk, E-R-R-O-L Musk.
And his public posts, there's one that I want to highlight.
I'm not going to read all of it because it's a long rant, but I think this, you know, 70
year old racist participant in an apartheid regime wrote this on on november 11th 2017 going by his profile
pictures it looks like he hasn't bought a digital camera since 1995 we can't afford one yeah elon
cut off his allowance um so errol musk writes this on november 11th 2017 on facebook quote i believe
judge moore and that is of course referring to Judge Roy Moore, who ran for Senate in
Alabama and was accused of being
a pedophile by multiple women.
He says, this stuff would come out long
ago in his previous elections.
Would have come out long ago in his previous elections.
And he goes on and on on this very
bizarre rant about what's
natural, and just a couple
other highlights from it. He says, quote,
further, in fact, 16, which is now the legal age of consent in the first
world, which it's like, no, not really.
It's 18.
But OK.
Irrespective of anyone's disapproval is not what we like to view as ideal today.
It is, however, what, and he puts this in caps, nature wants.
And I'm afraid I have to remind people, nature, caps, is king, caps.
We are all pawns of nature, and we haven't even scratched the surface of changing that.
Though I guess his son is working on bioengineering to get around that.
And then one other little highlight from this kind of bizarre thing about, I guess, having sex with children.
He says, quote, my first wife and I were in an intimate relationship when she was 16.
We have three children.
So Elon Musk's mom got statutorily by this guy.
And then he also says, her closeness and age to the children is a great boon for her today.
So, yeah.
So she was 24 when she divorced him, I think, right?
Yeah.
At least he got married earlier than the kids.
But that seems right.
Did she get pregnant and then get married?
Because if she had Elon or the oldest child at 16,
when did she get married?
What type of child bride situation is this, Sean?
Yeah.
I don't have all the answers.
I wonder if there's like any Greek parable that might parallel Elon Musk's upbringing.
Oh, oh.
Occam's razor.
I got this.
Yeah, yeah, yeah.
What can't go wrong will go wrong.
Yeah, yeah, yeah.
I know what you're talking about.
What do you want to talk about now sean well so next is uh we know that elon or elon grew up in a
relative's amounts a relative amount of privilege with housekeepers multiple properties because
again as we've mentioned his dad was an abusive multimillionaire um so
um elon oh and and one other thing on the topic of his dad being abusive
is according to Ashley Vance's biography,
Elon and his first wife have vowed their five children
would not be allowed to meet Musk's father.
That's right, Justine Musk.
And so, as mentioned, he programmed a computer game at 12,
and he went to Canada at 17, um in part to avoid this is in 1989
in part to avoid a conscription in south africa's apartheid army and i think it would be pretty
funny if like people called him like a coward and a draft dodger for not doing his patriotic service
to the apartheid regime you know you know it's like kind of like people always get on fucking Trump for not going to Vietnam or whatever.
And it's like, I mean, he's a piece of shit.
But like, that's not really the worst thing about him is that he didn't participate in a horrific war.
Right, right.
But, but yeah, no.
How dare you stay out of genocide, Donald Trump? What if we buy a share in one of Musk's companies
so we can go to a shareholder conference
and then we just ask him,
Have you no decency, sir?
You avoided military service in the South African army,
which was fighting against the terrorist Nelson Mandela.
Okay, so he goes to Canada at 17.
He studies in, I think,
Queen's College in Canada.
He later gets a scholarship
to University of Pennsylvania
in Pennsylvania.
He studied business and physics.
And then he goes to Stanford
to get a physics PhD.
But he leaves very soon,
I think two days after he started,
to found his first company in 1995
called Zip2.
During this,
when he's at Queen's College,
he meets who would become
his first wife, Justine.
Right, Justine, yeah.
Who is like a Canadian author
and now has a blog
that's very messy.
It's like,
it's the perfect ramblings
of what is clearly a woman scorned
of a billionaire ex-relationship.
There's this article about her
in MaryClaire.com
and she talks about when they got married
that they were dancing
and Elon told her,
I am the alpha in this relationship.
Which, that's just perfect
wedding vow conversation. When you're dancing
with your lover, you want to know your position.
What I love
about that is at that point, Elon was
still, because you can see videos
and photos, he's still kind of like a string bean.
You know, kind of look like me.
Listen to me. I'm the
captain.
That's also definitely how you can tell someone's an alpha is when they say it
out loud yes while dancing at their wedding yeah that's the thing that's great about it's not like
after a honeymoon after vigorous lovemaking he said i am the alpha it's while they're dancing
at the wedding and in the article she's like yeah i shrugged that off because he got married just
now who gives a shit but like uh a clear sign that this guy's a piece of shit was that basically.
Well, I don't want to make fun of him too hard because I have used that on Tinder dates.
Like, listen, I know I just met you, but I am the alpha in this relationship.
So, yeah, in 95, he found it Zip2 with his brother, Kimball.
And Musk did the programming. Kimball did the marketing.
And the idea of Zip2, and this is the early ages of the internet.
I feel like the worst thing his father did was those names.
Yeah, Elon, Kimball.
What is this, a fucking light bulb company?
It's like that Dutch Afrikaner thing or something.
It's so strange, though, because it's not white nationalistic,
but it's got a vein of like, we're better than you because we sound like no one type of thing.
Like, the aliens are here to take care of you plebeians.
You know what's a fun thing about Elon before he really hit it big?
Is that, like, now he clearly, like, when he was about to hit it big, he looked like Sam Rockwell towards the end of Moon.
Like, just hair falling out,
emaciated, pale. And then once he got
money, he basically bought himself hair
and
a healthy diet.
I like the idea
that he did a fucking skin graft
onto a more muscular
person.
Once he sold PayPal, he had enough to
have some poor, struggling actor killed and like
take his body and operate it as his own by implanting his spinal column in
there.
Right.
One poor actor.
I think several,
I think he got a hybrid body of like five to six actors.
He like found some like struggling porno actor and got his dick.
I like the notion of a struggling porno actor. Like his dick. It's a total upgrade.
I like the notion of a struggling porno actor.
Like, well, you know, my best days are behind me,
but I got this great rocking butt.
Well, would you believe the porno industry is not charitable to men?
It's hard to be a male porno actor.
Yeah, well, I mean, you know, you have to stay hard to be hard.
Andy, you've got to have your finger on the trigger.
Sock it to me?
All I need is for you to say sock it to me.
Alright, but so it should be noted,
Zip2 is
with a lot of, I guess,
Silicon Valley people,
but billionaires in general,
or whatever successful person,
particularly in America,
the idea of the self-made millionaire
is a real mythos,
so they kind of play that up.
So Zip2, whenever Elon Musk talks about his poverty stories,
he talks about his time at Zip2, when they're sleeping on a couch.
He talks about showering at the YMCA, which is like,
I still don't understand why that's a poverty story,
because it's like, if you have an apartment, is there not a shower in there?
And also the YMCA costs like 50 bucks a month, so it's a poverty story because it's like if you have an apartment is there not a shower in there and also the ymca costs like 50 bucks a month so it's like was he living in a garage or something
he was living i thought he was living at the zip two offices right so the ymca part is like there's
no there's no showers in the office building so okay that makes gym membership i mean it's you
don't have like a friend or something we'll just let you shower there i don't know if elon actually
has any friends and all the research i did it doesn't seem like he friend or something will just let you shower there? I don't know if Elon actually has any friends.
In all the research I did, it doesn't seem like he's got people that like him.
But anyway, so when he tells his poverty stories, you know, he's sleeping on the couch.
He says they're eating Dairy Queen for every meal because it's open 24 hours a day.
Which, by the way, a poverty story that is we were eating Dairy Queen too often,
not that much poverty is more like poor
american right i mean it's funny yeah it's like my poverty story is like daily life for about a
third of the population in america but uh so you know this is his poverty story but it should be
noted that in the ashley uh vance biography and ashley and he stands by this. He says, quote, Errol Musk, Elon's father, gave his sons $28,000 to help them through
this period.
So, in many ways, I guess slaves in a Zambian emerald mine were the first investors in an
Elon Musk company.
You know...
Wait, I thought I heard Jeffries mention that Elon denied this.
Elon does deny that.
You just said he stood by it.
No, Ashley Vance, the person who wrote
the biography, stands by this story.
But Elon in the November
2017...
What the fuck are you doing?
Suck it to me!
I'm trying to play that that's just not true.
But then it just jumps to the next one.
Why don't we label
these or something? No, they're labeled.
It's just that he's doing it through iTunes.
That's just not true.
Do it through iTunes?
Yeah, I'll do it through Finder.
Don't do it through iTunes?
This is going to be great because this will come out as our third or fourth episode
by which we will hopefully have resolved these problems,
but it will look like our most amateur episode.
Suck it to me.
Well, our loyal listeners should know that we have never been professional up until this moment.
Yeah.
We're the opposite of the Elon Musk 100 hours a week philosophy.
I was going to say Elon would have fired us all day.
You know, before the eBay PayPal deal happened, his wife was like, you know, I'm your wife, not your employee.
And Elon said, yeah, if you're my employee, I would have fired you a long time ago.
He was really cruel to her.
I got more shit to talk about.
The woman he's dated.
Do you want to go more into your shit, Sean?
Well, we can keep going into the biography for a bit and then go into the relationships.
I don't want Jeffrey to feel we're fucking 30 minutes in.
His bitch ass hasn't said shit.
Well, he's said a few.
He's got a few liners in there. Yeah, you got this bio taking 30 minutes in. His bitch ass hadn't said shit. Well, he said a few. He's got a few liners in there.
Yeah, you got this bio taking 30 minutes.
There's a lot of information in the Elon Musk biography.
All right.
Moving along.
Yeah, all right, all right.
So his dad gave them a $28,000 cash injection.
They sold Zip2 to Compact in 99 for $307 million.
Musk got $22 million of it.
He went on.
He founded X.com,
which later merged with PayPal,
you know, online bill paying.
You all know what PayPal is.
And then PayPal, of course,
was bought by eBay for $1.5 billion in 2002,
of which Musk got $165 million.
Though it should be noted that Musk
was outed as the CEOo of paypal in october 2000
probably because he lacked the youth and experience of peter thiel probably because
his blood was a little older than mr thiel's blood he didn't have the energy to keep up
um but so yeah and it's like uh... Keep listening for the Peter Thiel episode
because that's going to be a fun one.
But so Musk, and then as he has continued to do,
he took his PayPal money,
he invested it in founding SpaceX in 2002.
He invested in Tesla in 2004.
He took over Tesla as the CEO in 2008.
Yeah, he didn't actually found tesla i found
i thought that was interesting that like as much as he claims to be like you know this father of
this you know the first quote sustainable electric car company which i'm sure will go into the
sustainable or yeah the first successful electric car company big interest on successful he didn't
found the company even he just kind of jumped on an existing company Oh really I didn't know that
And then pushed out the guy who founded it
What does that guy do now
Choose Elon Musk
They settled their lawsuit
He did file a lawsuit
Against Elon Musk and they settled out of court
Oh really
But yeah
That sucks for that dude
But yeah I mean and so now these are Elon Musk Um, but yeah, uh, that sucks for that dude.
Um, but yeah, I mean, and so now these are Elon Musk current projects.
SpaceX has, uh, I think as of 2015, about $5.5 billion worth of contracts with, uh,
NASA and the U S air force. So most of their money comes from, uh, government contracts in the case of SpaceX. Tesla has a market capitalization, which is the value of all
shares, prices times the number of shares in circulation of about $52 billion as of the end
of last year. So it's an extremely high valued company that has really not turned a profit,
Tesla. I think as of last year, it was losing about a billion dollars every quarter.
I think it lost 4.2 billion in 2017. And it's still losing money, but their most recent car,
the Model 3, is supposed to turn that all around. However, they keep pushing back when they're going
to be able to produce Model 3s in enough quantity to actually make a profit.
They had said they would be able to do it by March of 2018.
Now they're pushing that back to June of 2018.
So in the case of Elon Musk, a lot of his wealth comes from, as we talked about, this Steve Jobs mythos,
where shareholders and venture capitalists and everyone else put a lot of money into the idea that this
person will be able to create value in the future but he really has not created a profitable business
in the case of spacex and tesla up to this point and that's what we're trying to stop with this
podcast stop trusting that fat fuck elon musk and start trusting us the grub. We're going to hold his feet to the fire until he starts turning a profit.
Because that's what we really care about.
His company's being able to turn a profit.
We're going to hire those fucking South African bullies to come back and finish the job they couldn't finish back in 82.
I like the idea of he fucking defaults on all his obligations so his creditors send the South African bullies after him.
Like bust into his house.
We collectively have like 5.5 million invested in Tesla, the four of us.
This is partly for our own benefit.
But mostly for our listeners.
We started this podcast because we have a multi-million dollar short sale stake in Tesla,
and we're trying to spread misinformation to get people to sell their shares.
But yeah, I guess we could talk about Elon's relationship a bit,
and then we can also talk a bit more, I guess, about the finances of Tesla, SpaceX.
And what was formerly SolarCity was an electric panel manufacturer founded by Elon's cousins,
which Tesla bought in 2016.
And it should be noted that the last quarter that we have profits for SolarCity was the second quarter of 2016.
It lost a quarter of a billion dollars.
And then since then, Tesla has stopped publishing
separate public earnings disclosures for SolarCity.
So they are now part of a line item
within the Tesla earnings disclosures.
It's interesting that just as their consumer solar business
seems to be bleeding money,
there's a hurricane in Puerto Rico, and Elon Musk offers to, for what I seems to be bleeding money um there's a hurricane in puerto rico and elon musk
offers to for what i assume to be a substantial price get a government contract to make puerto
rico completely solar i mean the guy like the guy has done so another thing about like the self-made myth is like there's an la times story that was
written in 2015 estimating that about 4.9 billion dollars in government subsidies will be given to
elon musk companies over the next um 20 years and again that's just subsidies that's not even
including another 5.5 billion in government contracts uh so it's like you know more on this self-made thing it's
like yeah you get a fucking capital infusion from your apartheid father and then you get
daddy warbucks uncle sam to bail you out and he never like he always uses every opportunity to
sort of insinuate that the public sector spending of for other contractors like boeing or something
that competes with them for big contracts is always really bloated and there's cost overruns
and stuff and like to basically insinuate that like public sector finance is like inherently
inefficient right right so like with with spacex spacex is not even publicly traded it's a private
company it's not publicly traded right so you have almost no idea what their costs are on their
projects right the last thing we have is uh the wall street journal got some internal documents
from spacex in 2015 and that showed that they had lost 260 million dollars in 2015 uh so yeah we that's all we know so so so steven did you did some
interesting research on like basically the the cost of spacex and basically the cost per kilogram
oh yeah um when i was looking up spacex i mean they um for launching payloads into space, there's one metric that gets thrown around a lot.
It's the cost per kilogram of payload.
How much it costs to get one kilogram
into what they call lower Earth orbit,
which is where most of deploying satellites and stuff takes place.
And the International Space Station.
Yeah, and the International Space Station,
most satellites um um like for elon freon's um uh plans to go to mars by 2024 which is like
really ambitious for in the the eyes of a lot of engineers and astrophysicists right right he
originally wanted to send like some mice to Mars and back.
Right, right. He has a very
ambitious plan that is
theoretically possible. He wanted to send
mice to Mars? Yeah, he wanted to send
mice is what he calls the kids who bullied
him and stuff.
Yeah, he wants to send his bullies to Mars
first as like the
trial run.
Or the trial run and then he'll send
people he likes
um but yeah they have a metric of dollars per kilogram and like in the early days of nasa
in like the early 60s to late 60s leading up to the first uh man mission to the moon
they like it started out as about like sixty thousand dollars per kilogram and through some
like in the later in the later part of the 60s when it was nasa funding was at its height of like
four to five percent of the discretionary budget and it was basically run like a centrally planned
economy it like the the cost per kilogram went from about
50 000 down to all the way to 25 000 and this is how much it costs to get a kilogram of material
into space a payload yeah a payload yeah yeah and then where if you look at spacex was founded in
2002 and it's now 2018. And they have statistics.
It's kind of hard to find real cost figures from them since it's a private company.
Right, right.
But their main product, the Falcon rocket launch pad.
And that's the one that delivers food and other supplies to the International Space Station?
Yeah, so it has a $1.6 billion contract to deliver deliver supplies to the international space station which is in lower earth orbit right and
so his his overall design philosophy i guess with their the rockets is to have build more cheaper
ones that have smaller payloads but you can sort of do quick runs up to the ISS.
Right, and they do those sort of publicity things with lands.
Yeah, and use that framework to develop a larger rocket that's built on the same plan to eventually go to Mars.
Right, right.
And NASA kind of has a different take on it, I guess.
They want to just build one really big rocket
and then use it to get materials up into an orbiter on the moon.
What?
Right, right.
And then build the actual spaceship that would go to Mars in space.
Oh.
And then use this really efficient ion drive or something
to just sort of smoothly accelerate to Mars.
Basically what it would do is it would shoot charged particles
out the back.
And it's much more efficient than
when I first learned about this.
I wasn't really sure
what all NASA was up to, especially
with a reduced budget. But they're really
designing some really innovative
alternatives to rocket launch.
The Orion project is really cool.
One of the early plans considered to land on the moon, we're getting off topic, was to launch launch. The Orion project's really cool. Well, the original plan, or one of the early plans considered
to land on the moon, we're getting off topic, was to launch
both the lander and then the
Apollo people in two different rockets, meet them
in space, and then land on the moon. To pull you back,
what if, like, Elon Musk
met his bullies and then offered to, like,
hire them, and he's like, yeah, no
hard feelings, and then they, like, walk into the
room and they hear the door lock behind them,
and then they just hear, like, 9, 8, 7, 6, 5, 4, 3, 2, 1, 2, 3, 2, 1, 2, 3, 2, 1, 2,
2, 3, 2, 1, 2, 2, 3, 2, 3, 2, 3, 2, 3, 2, 3, 2, 3, 2, 3, 2, 3, 2, 3, 2, 3, 2, 3, 2,
launch pad but I'm really excited it sounds like he forgives us. But yeah, I mean, so, and essentially, I want to get Stephen's data on cost per kilogram launch
up on our Tumblr so you all can look at it.
But the idea is essentially SpaceX,
from what we know, is actually more expensive.
Yeah, in terms of its actual sort of biophysical costs
of getting something into lower-orbital orbit.
Like, if you...
They gave us some estimates
in a press release that said
that their low-cost
rocket would cost as little as
$2,500 per pound.
So I guess a kilogram, that's
what? It's like...
$4,000?
About $5,000, I think.
Which sounds really great, but also some of the critics point out none of those kilograms are humans.
So they need to get people to Mars.
So if it's not set up to support life, what those kilograms are is just as important as how many.
Right, right. Yeah. Right. And, of course, so, you know, and you look at SpaceX's entire business model is centered around, you know, getting government contracts primarily.
And so according to the Sunlight Foundation, SpaceX has spent over $4 million lobbying Congress since it was established in 2002, doled out, you know, almost a million in political contributions. They hired Trent Lott, of course, the former racist senator.
Formerly racist or formerly a senator?
Formerly a senator.
You know, maybe he's had a change of heart.
I doubt it.
He's like on the Black Lives Matter standing committee now.
He burned his Confederate flag.
But anyways, they hired Trent Lott to lobby for them in 2011,
and that, of course, paid off in 2014
when SpaceX signed a 20-year lease for Launchpad 39A
at the Kennedy Launch Center.
So again, it's not necessarily...
It's so often painted like,
oh, the private sector can do these things more efficiently
and more cheaply than the government.
You know what I would
say that idea comes
from? What? Ideology.
Ideology.
It's
our friend Slavov Zizek.
Yeah, it's the
ideology that
the private sector
is more efficient, is cheaper.
And then I guess SpaceX just stands in contrast to that or direct contradiction to that because they're so much more expensive on the NASA, even though they're on the NASA contracts.
Right.
Yeah.
Like they're a lot of their cost figures.
They don't include things like the huge insurance contracts that they have to have for all their equipment and also their profit markup.
Oh, yeah, yeah, there's the profit markup, which is basically...
They selectively include and don't include that in their cost estimates.
Right, and that's like a figure that's added by the contractor.
What is that figure all about?
So basically what it is is it says there's overhead, the cost of launching the rocket,
the cost of putting everything together, research and development.
And then built into private contracts is then I think it's something like 20% to 30% profit margin,
which is just saying since we're a private company, we need to make a profit.
So we're just going to tack this on top of the overall budget.
Like federal contractors have used something called cost plus accounting and elon musk will talk a great deal
about how like contractors like boeing get these like lucrative contracts where they aren't really
forced to compete or whatever because they get like a we fix like a they whatever happens to
the project they will get their profit.
We should probably start talking about his sex life before people turn off this episode.
Yeah, I'm very ready to talk about his sex life.
So Justine Musk is...
His first wife.
Wait, Andy, what was that?
Ideology.
All right.
Justine Musk, his first wife.
They met in college.
They had five kids, technically six, but the first child died.
He tried to unionize.
And in her tell-all, she talks about how Elon Musk required her to go more blonde.
At various points in their relationship, he'd be like, I go more blonde. At various points
in their relationship, he'd be like, I want more
blonde hair. Go even blonder.
He's very obsessed with blonde
women. Wow, wait a minute.
Are you saying somebody in South Africa
desires Aryan jeans?
Yeah, so even
Tallulah, his second wife,
divorced twice to her,
married twice, divorced twice, was a brunette.
And then in videos with Elon, she's just so blonde.
She's an English actress.
Yeah, she was in the Pride and Prejudice or Bride and Prejudice.
Pride and Prejudice, yeah.
We could play the clip.
There's a fun moment in some Elon Musk, The Revenge of the Electric Car documentary where she says,
you know, there were like multiple points where I was like,
I'm just going to leave and go to England
and never talk to you again.
And Elon's like, really?
And she goes, no, of course not.
Tallulah talks about how she was like,
yeah, I didn't know what Tesla was or who
Elon was. And it's the
most white
girl finds rich man story you've ever
heard. It's like, I didn't know anything about him. I thought he might murder me. But strangely
enough, all three, and lastly, Amber Heard is who we dated
most recently. And they broke up and he's very sad about it.
According to TMZ, as of January
15, they're back together. Oh, what? Really? Yeah. They were seen
dancing together in a club.
Nah, no way.
She went blonde in 2017.
She went brunette in 2017.
I think she's done with that.
But more importantly.
That's just not true.
More importantly, though, I think this does prove one very specific thing.
Elon Musk does not eat butt.
I think had he eaten some butt, Justine would have stayed.
Tallulah would have stayed.
And that's just not true.
And Amber would have stayed too.
And that's just not true.
And it's crazy because he's very obsessed with blonde hair.
And he's also obsessed with the people he dates being not just perfect, but just such trophy-wise.
And that's just not true.
It's not true on that.
He has a lot of abandonment issues.
Next one is 30 seconds.
Right.
He talks about a lot, like he can't sleep alone in a bed.
Right, right, right.
I think he says that in the Rolling Stone interview or something.
Yeah, he does, yeah.
And it's one of those things where it's like, boy,
being a billionaire sounds pretty fun,
but god damn, it seems so lonely.
Yeah, well, and so the quote from the Ashley Vance biography,
which has been passed around a little bit, but Elon Musk says,
I would like to allocate more time to dating, though I need to find a girlfriend.
That's why I need to carve out a little more time.
I think maybe even another five to ten.
How much time does a woman want a week?
Maybe ten hours? That's kind of the minimum? I don't know.
But it's like, yeah, you
compartmentalize your life and you're like, yeah, I'll
give 10 hours a week to the
fuck mistress. Strangely enough,
between Amber, Tallulah, and Justine,
all three of them rejected him for
like multiple months, in some
cases years, before they
eventually went, alright, you wore me down.
So he's definitely red-pilled up
if you know what I mean. He really knows how to get the puss.
He maintained emotional control.
Yes.
Yes.
He maintained frame.
Yes.
Yeah, yeah.
He, like, with Justine, he, like, met her at Queens,
and then when he transferred colleges, would send her flowers.
And then on a date, she was like, I want my books there one day.
And he gave her his credit card and said, buy as many books as you want.
With Tallulah, he proposed the first time in a few days.
And she even says, I probably would have married anyone who would have proposed to me that quickly just for the romanticism of it.
And with Amber Heard also, she rejected him for a while before she turned around.
And it's like, boy.
Wait, Elon, is excessive coercion a form of rape and that's just that's
just not true here do one more time and that's just that's just not true i'll do the whole thing
so wait hey elon is uh is is uh coercive rape real and that's just that's just not true
um but yeah that's his dating life basically i don't know I don't think he fucks that good he's got five kids
two twins and one
triplets or one twins
the strongest
triplet remains
he also owns a company that specializes
in cybernetic implants
so he may be able to counteract
some of that shittiness with
yeah he bought hair.
I mean, I think we passed over this too much.
Yeah, if he can buy hair, he can probably also buy skills in the bedroom.
Him and Elton John bought hair.
Not just them.
Jeremy Piven, Joe McHale.
A lot of people buy hair these days.
Joe McHale was bald?
Yeah, you look at old school soup clips.
He's losing hair.
All right.
So I do want, before we run out of time to talk a bit about essentially uh employee mistreatment at tesla and other companies uh in the case of spacex
ashley vance uh in the biography says that employees at spacex work 90 hours a week or more
and you know somehow they're still uh more expensive than nasa to to launch rockets.
And there are a lot of them getting low pay, long hours,
all these kinds of things.
Andy, I know you read a bit about unionization at Tesla.
Yeah, so what's interesting is basically the same kind of culture exists at Tesla,
which is work long hours to make these cars
with apparently like $17 to $21 an hour,
which is one of the employees at Tesla basically wrote a long blog post explaining this,
which Elon Musk responded to and vehemently denied.
But what's funny about this happening in the auto industry is that the 40-hour work week is largely attributed to Henry Ford when he realized that workers who worked more than 40 hours were not effective because they would be exhausted and overworked.
But Elon Musk basically coming in with this idea.
Wait.
Wait.
What is this thing that Elon Musk is implementing?
Oh.
So with this ideology of like, you know, from Silicon Valley,
you just work your ass off and see returns.
And then basically he projects that onto his own employees.
And so recently there's been a big push at Tesla to unionize and because the Tesla is the largest auto manufacturing plant in the United States, I believe, that is not unionized.
And so employees have been starting to pass out flyers.
Apparently when employees will pass out flyers in the plant, security will come question them, ask for their badges and then give them like a long talk about how bad unions are
or like hr will sit them like sit them down and be like listen uh this well there's actually a
quote from a spokesperson from tesla that says um the uh safety and job satisfaction of our
employees here at tesla has always been extremely important to us oh wait and You know what? Cut that. Basically what they'll say is... Oh.
They'll say, like, we're a massive employer,
and so we're providing a lot of jobs for California,
and union activity might inhibit that.
Basically implying that should they form a union,
it would threaten everyone's job at tesla
and the way they're kind of phrasing it is and this is very common this was also used uh in other
auto plants when people tried to unionize they're basically saying like oh we might have to shut
down the plant or we'll go out of business right if you unionize uh which is kind of an empty threat
since you know everyone there has a stake with it succeeding.
Right, right.
It's like, hey, if you guys do this, that makes your lives better.
It might hurt all of us.
It's like, well, but if we don't do this, my life continues to stuck.
Yeah.
They should form a union and call it local whatever the name his South Africa's bullies went by.
And yeah, just like a couple other kind of semi-viral stories of employee mistreatment from the Ashley Vance biography,
one of them was that there's an employee who claims that Elon sent them an email after they missed a work meeting
to be there for the birth of their child, saying, quote,
That is no excuse. I am extremely disappointed. You need to figure out where your priorities are.
We're changing the world and changing history.
You either commit or you don't.
Musk has denied that.
That's the interesting thing, too, is you see a lot of that on Glassdoor.
I looked up Glassdoor employees.
It's basically a website where, if you haven't heard of it,
employees will report on work conditions at places they even work.
And salaries and this kind of stuff.
And salaries at places where they used to work or currently work.
And a lot of people on Glassdoor are saying like,
well, you know, we have to work, you know,
massively long weeks,
but we're working on this important project.
And so like clearly the employees also see it
as kind of important.
Right, right.
And the culture has of like,
this is an important project
has really like penetrated into there,
which is also kind of a technique that a lot of Silicon Valley companies
use to overwork their employees to basically say like,
we'll pay you very little,
but it's important.
And then what they don't say is that,
you know,
someone like Musk who claims that he's not taking a salary from Tesla.
Basically he claimed that, or he's, he's paying himself minimum wage in terms a salary from Tesla basically he claimed that or he's he's
paying himself minimum wage in terms of salary in Tesla so like 30,000 a year at
the same time just this last year he got he was given a billion dollars in stock
options from Tesla basically he was given like a billion dollars worth of
Tesla stock for free.
Which is more than what a salary would have been.
Yeah.
Yeah.
Tesla.
Yeah.
Yeah.
And so,
you know,
there's this double-sided thing where they're like,
it's important.
So you shouldn't get paid a lot.
And then of course the people at the top get paid a ton.
So going to like safety issues, like one person on their blog reported that a few months ago,
six out of eight people in
my work team were out on medical leave at the same time due to various work-related injuries
and must claim that that was bullshit his uh his argument was that the parking lot was full
he's like so if you know 80 of the people are gone from being injured why are there so many
cars at the factory parking lot which you know for you know facts and statistics guy is a load of bullshit uh he also claimed that uaw's true
allegiance is to giant car companies and so he basically auto workers yeah united auto workers
who was trying to get them to unionize so he's basically trying to claim that united auto workers
is trying to unionize tesla to destroy tesla on behalf of the larger car companies.
What?
Yeah.
So then the people in the union push dug a little deeper into actual statistics.
And in 2015, which is the last year that they could get the data for it,
the Bureau of Labor Statistics found that the entry rate at the Tesla factory was higher than that of sawmills or slaughterhouses.
Whoa.
Jesus.
And they found that Tesla as a whole had an injury rate 31% higher than the industry average in car making.
And the serious injury rate was 103% higher, which is staggering.
It's like people are getting injured more,
or people are getting injured at a higher rate
and way more seriously,
which is a completely,
I'd say kind of legitimate reason to start a union.
So Tesla claimed that in the years since,
without releasing the data,
they've said that injuries have gone down.
I believe them.
Yeah.
And also, some of the employees have been like,
yeah, we've also lowered production
in preparation for the Model 3,
so of course injuries are going to go down.
Right, right.
And so Elon released,
after calling all the reports bullshit,
he finally released an email that said,
no words can express how much I care
about your safety and well-being. it breaks my heart when someone is injured building cars and trying their
best to make tesla successful he then asked that all injuries be reported directly to him and that
he'll go and do someone's job like someone who's injured was which it seems like if someone's
injured on that job it's not a safe job and having like no elon musk just wandering around the factory doing jobs he's not trained in isn't the best
way to address injury and he also finally said in response like to the unionization efforts he's
like i think it's a bad idea but you know what i'm gonna make work more fun there's gonna be
frozen yogurt soft serves all over the factory and
a roller coaster you can ride around with an optional loop-de-loop.
Thank God the loop-de-loop's optional because I know that options in loop-de-loops are the
real issue at Tesla.
Because God forbid someone accidentally get injured on that loop-de-loop.
God forbid someone loop-de-loops when they don't want to loop-de-loop.
Yes.
That's really...
That's probably the worst injury you could suffer at the Tesla plant.
I can't believe somebody with such a healthy relationship with their father would found such an abusive work environment.
It's crazy how much good...
Suck it to me!
There is for Elon Musk because although he is certainly a maniacal, megalomaniac billionaire
who claims to be a real life Tony Stark
it's like why is this press not more readily available?
Even looking up his bullshit
Oops sorry. We're running out of time.
Even looking up his like relationship nonsense
It's there's so like you have to dig through like
Eight pages before you get to
Oh yeah he's a piece of shit like
It's strange
It's like pretty much everything
He does and I don't know if this is by design
Or if it's just kind of
The internet culture but like
On reddit Sean mentioned at the beginning
Like everything he'll propose It'll immediately shoot to the top page of reddit and you know he's
a self-proclaimed like redditor and stuff which you know it's he's he builds his images like this
likeable tech guy and so he spends a lot of time on the comtown reddit yeah saying female comics
aren't funny he uh
and what's so interesting
is like one of the like his
Puerto Rico
solar power thing like I first heard of that
from someone who saw it on
reddit and was really excited about it because you know
it feels like
they'll maybe that reddit is basically
just kind of their advertising
they'll use it as advertising and I wonder if there's
Which makes sense. It's free. It's easy to use.
I mean like and the people
you're touching upon they look at it like
such a pure source. Like it's not CNN
it's not Fox. It's not you know
it's not biased to its
readers.
Even though it's clearly being controlled
by the corporation.
The media will often just take his pronouncements
at press releases as fact without release.
Of course, right, right.
Like with SpaceX, all of his figures are staying on cost.
Yeah, yeah.
There's no other backup for that information.
On top of that, there was his Hyperloop announcement.
I don't know if you guys remember that, in 2013.
Right.
He claimed that he could build a pneumatic tube, literally a pneumatic tube, from LA to San Francisco that would get people there in 30 minutes.
And he claimed that the whole thing could be built along the I-5 corridor for $6 billion.
Experts immediately looked it over and were like, that's a factor of 10 too small.
On top of that, which it would really be $60 billion, which is about the cost of high speed rail.
I knew the math of factor of 10.
You didn't have to do that.
No, but so it would be equivalent to high speed rail.
And on top of that, all of his claims were like, you know, it could go the speed of sound in this tube and there would be this tiny air pocket.
And what he didn't mention is that like the tiny air pocket would have to make the whole tube completely straight.
In reality, you would get kind of thrown around.
Seismic activity would change everything. Also, you would have a factor of 0.5 Gs being subjected to you every time you go around a bend, which would just make you vomit like crazy.
I just interject here that dying and going at 4,000 miles per hour in a vacuum-sealed tube would be one of the most metal ways to die.
That is entirely true, yeah.
I do love that this guy who has never made a false public pronouncement, and we're
expected to believe him every time he denies
employee mistreatment.
But anyway, so we're running out of time.
There's so much material on Elon Musk
on the internet. We didn't even get to...
They've got a solar panel factory
up in Buffalo, New York
that the state of New York has put over $900 million into.
And, of course, two of the Governor Cuomo aides who set up a bid rigging to get the developer, the builder who built it, to make sure they got that contract.
They have been charged with federal corruption cases.
Hell, yeah.
So, again, there's just a lot of fucking public money awash in this guy. But I did want to just kind of quote Justine Musk to sum up a little bit here.
She's a verified on Quora.
And somebody asked, why do super rich people want to get richer?
And she said, I think, something rather illuminating.
She said, money is rarely just money.
Sometimes it stands in for love or self-esteem or freedom or a sense of control over your destiny, especially if
you lacked those things in childhood.
Who could she be talking about?
Sometimes it is a way of controlling
others, including family members, because
you don't know how to connect to them in any other way.
Money can also serve as a scorecard
to indicate how well you are doing,
the impact you are having, if you are winning.
That's just not true.
Sometimes it's not how much money,
the money that matters,
but the win is everything,
particularly when you have invested
your heart and soul in your mission.
And so it's like,
we're kind of talking about this,
like why do we fucking love Musk
and why does Reddit upvote him and stuff?
And I think it's because we've...
Listen, man,
he's probably one of the smartest human beings
on the planet Earth.
It's that,
but we've also kind of replaced the idea of a public
utopia with a private utopia.
Where we expect people like
Musk or Steve Jobs to bring us to this
future utopia, whereas
80 years ago we had Franklin
Roosevelt saying, hey, everybody's going to
have a job, a house,
food, and the government's
going to provide it. And it's just
something where it's like Elon Musk, we didn't get into all his assets, and the government's going to provide it. And it's just something where it's like Elon
Musk, we didn't get into all his assets, but the guy owns five Bel Air mansions that he spent
$70 million on. Meanwhile, there was a USDA report in 2016 that found 41 million Americans
struggled with food insecurity in 2016. So you just have a lot of hungry, homeless, sad
people out there and
all of this money controlled by
Elon Musk and the other billionaires
that they're not really doing anything
with. And that's just
not true.
Outside of blowing it on mansions,
dates with Amber Heard,
and fucking
investments for things that
probably won't pan out.
Right, but that's just something I want to emphasize
and it gets overshadowed so much.
Enough money and capacity exists in the economy
to provide housing, food,
essentials, and a job
guarantee to every American.
And we could do that very easily
but instead we...
That's just not true.
Instead we just think
people like Elon Musk
need five Bel Air mansions.
Suck it to me.
And with that
beautiful Nixon quote,
my name's Yogi Pollywall.
I'm Sean McCarthy.
Steve Jeffries.
And Andy Palmer.
This has been Grubstakers.
Yeah, we'll see you next week.
Suck it to me.
Say, Carl, I hope you don't mind I jotted down some basic supplies we need in shop.
We don't have money for all these fancy teaching aids.
Like wood.
You know, the Carl Moss I knew wouldn't have...
Give it a rest, Hank.
All parents care about these days is zero tolerance
drug policies and literacy. Why can't Johnny read? Why can't Johnny read? God, that gets old.
But Carl, shop is the foundation of all learning. And I tell you what, a youngster with a tool in
both hands has no hands left to do drugs. They'll just put the tools down if they want to do the
drugs bad enough.