Grubstakers - Episode 67: Elon Musk 2.0 feat. James Adomian and Elon Musk
Episode Date: May 21, 2019This week we revisit our favorite billionaire named after a smell Elon Musk. A part deux revisiting the first episode we ever recorded. We give a recap of Elon Musk’s past and fill in the gaps since... we last recorded February of 2018. We have the pleasure of being joined by James Adomian. He is consistently one of the best podcast guests, and he lives up to it on our show. Sit back, relax, enjoy some Grubstakers. Check out James Adomian new podcast The Underculture available on all podcast apps. Toodles https://foreverdogproductions.com/fdpn/podcasts/the-underculture/
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Hey everyone, welcome to Grubstakers, the podcast about billionaires.
This week we are jumping back and taking another look at Elon Musk.
We will cover everything that we missed from the first time we recorded over a year and a half ago to now,
as well as a quick reintroduction on how Elon Musk became Elon Musk.
Also, we are joined by the impeccable James Adomian,
as well as occasional appearances from Elon Musk, as well as Richard Branson.
All that and more, this week on Grubstakers.
First they think you're crazy, then they fight you, and then all of a sudden you change the world.
Berlusconi flatly denies that any mafia money helped him begin a start to this.
I have always had a thing for black people. I like black people.
These stories are funnier than the jokes you can tell.
I said, what the fuck is a brain scientist?
I was like, that's not a real job. Tell me the truth.
But anyway.
Anyway.
In 5, 4, 3, 2 Hello, welcome back to Grubstakers, the podcast about billionaires
I'm Sean P. McCarthy, I'm joined here by my friends
Andy Palmer
Yogi Boyle
And this week we're taking a look
Passed
This week we're taking a look backwards
Because we were talking about
the first episode of this podcast we recorded
second one we released, first one we recorded
was about Elon Musk
and you know, it was a year
it was a year and a half ago
so a lot of things have changed
when we started we didn't really know what we were doing
we didn't know that Elon Musk
was about to call an international hero
a pedophile on Twitter
and get sued for it.
And lots of other things have happened.
So we wanted to revisit the subject.
And there's literally nobody we would rather have here with us to do that than James Adelman, one of the funniest comedians in the world.
Thank you for being here with us.
Thank you.
Thank you.
What an honor to dig into Elon Musk.
It's pretty fun.
Our robber baron.
Yeah. I would like to think of myself as more of a philanthropist baron.
A giver baron.
And I was just going to ask you, James, to kind of to begin with,
are there any particular things that I guess fascinate you about Elon Musk
or that pique your interest?
All of it.
He is, he's like, it's fascinating from start to finish.
He has, he's an eccentric billionaire.
He could be in a, he could be, his picture could be next to an article on eccentric,
the idea of an eccentric billionaire.
He inherited wealth and then got rich with a bunch of other things.
And now his dreams are like high science fiction.
Go to Mars.
The rumor is that he wants to die on Mars.
So at some point,
I mean, I'm not kidding,
expect him to shoot,
when the company's all collapsed,
expect him to shoot himself to Mars to escape it.
To sign in blank checks.
Yeah.
He wants to die on Mars.
Which is very...
That's the most attainable...
Yeah, I think so.
...Mars plan that I've ever heard.
You can definitely survive until Mars.
Um,
so many companies,
there's so many,
he is kind of almost like a Howard Hughes figure.
I feel like where he's very rich,
but he's not part of the inside club of the other billionaires.
And so he's always at odds with like,
like bigger billionaires, like Warren Buffett. And, um, so he's always at odds with bigger billionaires
like Warren Buffett.
And so he's an eccentric.
He's a loner.
He's weird.
He's got these fascinating visions
about space colonization and electric-powered cars.
Some of them are very good ideas.
And some of them seem insane and like scams yeah i think so i think that uh
he's certainly a snake oil salesman of the modern day era he like the whole boring company concept
at the end of the day it's just holes in the ground was faster than streets and the thing
about the boring company is that he made it so that the only electric cars can go through him
that's the problem and so yeah, among other things.
But, like, they don't need exhaust for electric cars.
So every other tunnel has had to deal with where do we put the fumes that come out of cars.
So for him, it's like, I just got to dig a hole in the ground.
Well, great idea.
Great engineering idea.
I was all in favor of the boring company projects. I was like,
whoa,
this genius is going to give us
fast subways finally.
Right.
And then it turns out
he should,
it's just,
Tesla cars.
No,
you asshole.
You should be building
large public transit cars
in your Hyperloop.
Aren't they supposed to be on like a rocket scooter or something?
Or like an electric, like...
Yeah, essentially it's just like a track that you roll in on.
It's like a glorified car wash under the sea, but your car doesn't get washed.
I think it's...
Is it a vacuum or magnetic?
That's the Hyperloop one.
The Hyperloop.
The magnet one, I think, is the boring car thing.
Yes, and it's a great idea if you were using it to move mass numbers of people,
not a few Tesla owners.
Right, right.
I was immediately soured on it when he was like,
look how great this project is.
We've got, here's my Tesla.
I solved traffic for myself.
No.
I actually,
before that news came out, I had actually
written an unsolicited email
to the boring company public email
address, and I got a letter, I got
a note back, and I feel like it must
actually be from Elon Musk.
I'll find it. I'll find it.
I'll find it if you want to pause.
I'll find it.
I just want to say, like, as an aside, that it didn't want to pause. I'll find it. I just want to say as an aside that
it didn't occur to me
until you mentioned that Elon wants to die
on Mars that the Falcon
rocket is basically
his plans for his own coffin.
It is
the culmination of the dreams of the pharaohs.
It is
my sarcophagus.
I'll have a golden death mask you can just see his like assistant mary
beth brown waving out the window desperately trying to get out as it flies to mars
yeah oh but i did want to say just in honor of elon musk for this episode we will now be
accepting one thousand dollar deposits to experience this podcast in full 3D. All right.
Is that the SpaceX program?
Well, the thing that we've kind of noticed about Elon Musk is that he keeps taking deposits
for things, and it's not clear if these things will ever be delivered.
Like, you can give him $1,000 to get a deposit on fully solar shingles on your roof.
You can give him a $50,000 deposit
for this Tesla Semi.
You can give him, you know,
whatever $5,000 deposit
for another car they have coming.
You can give him a not yet publicly disclosed deposit
to take the SpaceX into space.
Right, there's a Japanese billionaire
that's given him a bunch of money
to fly around the moon with some artists.
And they're going to... James, you're an artist. We can get in on this. of money to fly around the moon with some artists and they're going to...
James, you're an artist.
We can get in on this.
They're going to experience the moon.
There's no better reason for having
eccentric space billionaires
than sending artists around the moon.
It's also fascinating that
he has kind of a, in some ways,
egalitarian vision where he's like,
I intend to... Look, Tesla's going to be for everybody and then but he's never not been rich so his idea of he's
just he has a myopia where he doesn't understand that he's like yeah it's going to be like totally
affordable it's going to be only only forty thousand dollars. And so anybody,
anybody who's got like a great job,
anybody who's like a major Hollywood producer
can have one or maybe two.
And it's like, no.
I love what he's doing,
trying to take on the old car company establishment
and the oil companies.
And we do need to, I mean, I don't think there's hope for humanity
unless there's massive public transit that replaces gasoline automobiles
and or electric cars that accomplish that.
So he's working on that side of the problem.
But then he goes, but then there's nothing but bad news.
Right, right.
It's all good ideas with terrible execution with Elon Musk.
I found this email that I got back from the Hyperloop.
It's the Boring Company.
It's dugout at boringcompany.com.
And I do believe that this is Elon Musk who I was asking him.
I won't read the whole email I sent, but I was like,
very good news.
The dugout loop is coming to Sunset Boulevard.
I beg you, as I'm sure the community will as well, to please, if at all possible,
include two to three intermediate stops between, this is me as a real transit.
This is a transit dork, James Adomian.
Between Dodger Stadium and Vermont Avenue, either at Glendale or Alvarado,
and then again at Silver Lake Boulevard.
And then if the technology or budget does not allow intermediate stops to be built,
you should please consider constructing the tunnel in such a way
that intermediate stops can be added in the future.
Once the loop is a hit and the public is clamoring for more.
Now, again, I'm maybe buttering him up a little bit for my great engineering vision here.
And this is before we saw that his Hyperloop was going to be basically a Tesla driveway tube.
Yeah, right.
And then I said some more stuff, and thanks for your consideration.
So then like a while later, I got this email back.
And I swear it has to be Elon.
I am personally micromanaging, answering all the emails that all of my companies get.
I don't get any sleep.
I'm just staying on a cot.
I like to live in poverty
on a very well-appointed cot in my Tesla factory.
So he says,
Hi, JA.
Thanks for your note and interest in our project.
We appreciate your reaching out
and providing us with this feedback.
While it's certainly our hope that we'll be able to eventually expand the system to connect our
use to useful destinations such as echo echo park server lake or union station we have to start
somewhere we encourage you to refer to our website for dugout loop project updates xoxo elon and It's XOXO, Elon and Grimes. No, I'm just making up that.
So write an email to one of his companies.
He might write back.
Certainly tweet at him around 420,
and he'll get back to you pretty quickly.
He's always participating in 420,
either the morning one or the afternoon.
It also seems to be getting him in trouble a lot.
Yeah.
He's actually recently settled with the SEC.
Now, because...
The Southern...
Southeastern Conference?
Because he said that he was taking his company private
at $4.20 a share.
And 69 cents.
Yes, that was considered fraud.
And so he had to settle with the SEC.
And the current agreement they have him on is he's supposed to run any tweet he makes about Tesla's business by Tesla attorneys.
And people have speculated that now he's running the official Tesla account instead to get around this.
Oh, really?
Because the SEC actually tried to hold him in contempt in February because he said some bogus thing on Twitter about Tesla production numbers that they thought was wrong.
But it is just kind of an interesting thing where it is kind of like the Trump effect
where he has 25 million Twitter followers.
So these things he blasts out can actually affect the Tesla stock price.
This is an interesting thing because it certainly seems like it's a plausible case for insider
trading or stock manipulation.
Or all of the above.
Or a clumsy lunatic who doesn't know how the law works, who is like, I only look at math.
But it's also interesting when you see what the SEC goes after and what it doesn't.
And you start to see where are these secret lines between billionaire on billionaire violence.
We're about to invade Venezuela
because they have the largest oil reserves in the world.
Or we're trying to do it bloodlessly
through our CIA assassin.
And that is directly to benefit the oil companies
that will run the projects uh after the uh venezuelan oil industry is denationalized
right exactly and auctioned off again to we know who it'll be exxon um it'll be uh bp
shell will be in there it'll be shell that's the british the dutch the americans it'll be BP. Shell will be in there. Yeah, it'll be Shell. That's the British, the Dutch, the Americans.
It'll be all the big oil companies.
We know that.
No one would argue that.
And none of that ever gets called into question.
But those are bigger billionaires and more destructive to the world.
And I do wonder, as crazy as Elon Musk's stuff is, how much is it the old boys leaning on the new guy?
Who's muscling in on their territory.
On their blood for oil racket.
Sort of like the Shkreli thing where he jacked up like prices for,
I guess it was AIDS drugs.
And then like everyone turned against him while all the other drug
companies were just silently doing the same thing.
Right.
Not tweeting and buying the Wu-Tang album.
Martin Shkreli went to prison for doing the entire
business model of for-profit
pharmaceutical companies.
The Bernie Madoff effect where you're like
the sacrifice so that everybody
gets to keep doing it.
One scapegoat, but then everyone else is fine.
I'm perfectly willing to have
my heart ripped out in a human sacrifice.
It takes place on a
large ziggurat or
temple of pyramid structure
as long as it's on the surface of
Mars.
If that will satisfy
the Securities Exchange Commission,
I'll sign off on it.
But I guess I wanted
to just kind of run through Elon
Musk's life, his general biography. We discussed this in the episode we did a long time ago, but we'll just kind of run through uh elon musk's life his general biography we
discussed this in the episode we did a long time ago but we'll just kind of quickly go through it
again and then talk about what's happened since january 2018 um but essentially like for those
who don't know the guy was born 1971 pretoria south africa and as james mentioned he grew up
very wealthy his dad he grew up in apparently one of the largest houses in Pretoria.
They had multiple properties.
They had housekeepers.
His dad was a multimillionaire.
It was so large I had to sleep on cots.
To feel a semblance of, I wouldn't even say normal.
I would say just like a less extreme weirdness.
As a child, he drilled tunnels to travel from house to house.
He got bullied a lot as a kid He got thrown down some stairs
His dad apparently beat him up as well
He got the shit kicked out of him
Jesus
He got like
In 23
South Africa they don't fuck around
Yes
You know I learned that Elon Musk's grandparents
So his parents' parents
Were Canadian citizens
And like in the late 1800s were like, Canada is getting too soft.
Let's move to South Africa.
Right.
I believe grandfather on his mother's side was like a huge anti-socialist who thought like Canada in the 50s was becoming degenerate.
So he moved to apartheid era South Africa.
Oh, shit.
So Elon has come a long way.
Right.
Shit. That. Shit.
That's fascinating.
I know his accent is insane because he's South African but also Canadian and also California.
So it's all those things.
So that's why I kind of sound like a Muppet that was not popular enough to be on any of the major shows.
It's just a new age Branson.
Branson has a similar type of voice, but less California, I think.
Richard Branson?
Take us for all we've got.
I would love to see those two.
Yeah.
Like, see each other across the room at a party.
Hello, you old fool.
Look at you, still trying to shoot your toys into space.
That's great.
You deserve a blue ribbon.
It is true.
One day we will get the Bezos-Musk-Branson movie.
Oh, yeah.
Like these fucking super billionaires
all trying to get into space
to re-inspire the nation
that stopped doing that publicly.
Well, it's interesting.
It's called Spaceballs.
Because Musk has succeeded
in getting spacecraft into space,
but Branson's the only one
who succeeded in getting a pilot killed
going into space.
Musk has only gotten people killed
on the ground with his cars.
He's only had the Teslas run into semi-trailers.
Yeah.
To be fair, it's impossible to program artificial intelligence to avoid something mind have to be have to have to learn
things the hard way like like a child growing up in south africa it's not that i'm trying to punish
the pedestrians on the streets i'm trying to physically abuse the test truck cars it's like
spanking them so that they learn to not do that anymore pain is progress of course yeah but it's like spanking them so that they learn to not do that anymore pain is progress of course
yeah but it's it's a pretty fascinating thing like you were talking about the psychology of
Elon Musk because you know apart from getting you know bullied and beat up as a child he has like
this very tense relationship with his father like Rolling Stone asked him about it once and he like
started crying you know and he has like his father has he has half sisters so he doesn't like to say
specifically but it's clear there was some sort of psychological like, his father has, he has half sisters, so he doesn't like to say specifically,
but it's clear there was some sort of psychological abuse with his father.
And, you know, like maybe that, if you want to be Freudian, translates today to some sort of need to prove himself or need to like, you know, like Tesla.
Hey, you can cut him off, Elon.
You've got your own bank account now.
You can cut him off.
You don't need the inheritance. You can cut him off. You don't need the inheritance.
You can cut him out of your will.
Block his number.
Block his number.
Block the whole area code.
James, this is why he works so much,
because he keeps finding that number,
and he's not allowed on Tesla property.
That must be terrifying.
Elon!
Open the gates! property that must be terrifying um yeah cut him out cut him out bad dad's gotta go yeah bad dad's boo yeah it's pretty fascinating because like so since we did the last episode his dad was
is named earl musk and like first of all we mentioned you know multiillionaire. He was a mechanical and electrical engineer in apartheid South Africa.
He had all these contracts with office buildings, but also with the South African Air Force.
So he was like, a lot of Elon's inheritance essentially came from apartheid government money.
It's worth mentioning.
Presumably involved with their secret nuclear program.
Yes, probably.
Great. Tesla with nukes.
That's what I thought
the rockets were
the first time we did this episode.
I was like,
they're just reusable missiles.
That's what they're doing.
I mean, like, yes,
they take off and then re-land,
but that's just a missile payload
that comes back
that you don't expend
on the first time you use it.
Even if that's not the intention,
after his death,
it won't control
how the technology is used,
which is the double-edged sword of technological sciences.
The Manhattan Project.
Pacifists made that.
From his biography,
there's stories of Elon Musk going to Russia in the 1990s
when all the American companies were looting it
after the Soviet Union fell apart.
So he was going there to try and buy ICBMs for SpaceX.
Back then even?
Yeah, in the late 90s.
Because SpaceX was founded in 2002,
and eventually he had three meetings with the Russians
where he was like, I'll give you 8 million a pop for three ICBMs.
And he was going to turn them into rockets to go to space.
I hope you guys deliver them.
I don't know if they'll accept them at my post office.
Amazon
was just getting started.
Do you do two day
delivery on that? Imagine if he were just like four
years earlier on that, like he could have gotten them
half the price. What's
terrifying, they don't
do SpaceX launches in New York, do they?
Not yet. Have they been in
view of New York City?
They launch things out of Virginia, but I haven't seen...
They have done it
now twice in Southern
California, in LA, and it is
shocking,
hilarious, and terrifying
when he's done it.
Isn't it like a big blue light, essentially, and terrifying when he's done it. Sure.
Isn't it like a big blue light, essentially, in the sky?
Everyone immediately is like, is there a war?
Because they announce it, technically.
Sure, sure. The way that you say, in the back of the local newspaper,
like, hey, public notice, I'm starting a little advertising business.
Hey, public notice,
this law firm is now changing addresses.
No one reads it?
Yeah, right.
So technically they had let the public know,
they're like,
sure, there'll be a SpaceX launch tomorrow.
Nobody was like,
everyone needs to be warned,
there will be a SpaceX launch
that looks like nuclear war.
Right, right. Everyone be prepared at 7 p.m. looking up, needs to be warned there will be a spacex launch that looks like nuclear war right right everyone
be prepared at 7 p.m looking up it was everyone social media lit up and they're like what's in
the sky and you heard people like yelling and honking outside i ran out and looked up it's not
the it's not like oh there's an airplane in sky. If you've ever seen, what else is comparable and big like that?
Like blimp?
Like a blimp?
No, it's hot air balloon.
It was way up there, way up there, very bright, moving too fast, dropping.
There was this unusual penumbra of the bow shock around the rocket.
And it was dropping things.
It was dropping low orbit satellites yeah
it turns out but everyone was like some kind of weapon we don't know about and so it took
it took people like half an hour to be like no it's spacex it's space right right spacex it's
spacex and he did that twice like the second time it was a little bit less shocking but it is
when you see it you're like oh my god this is this is a few this is like
a this is like the beginning of a future right right right this is the opening scenes in a sci-fi
movie and then the next scene is going to be straight war yeah it's so crazy that we still
have like um that there's there's still like people walking around in shoes like this should
only exist in a future where everyone's flying all the time.
It was probably a bad idea to launch it out of Tomorrowland
in Anaheim.
I'm just imagining.
A bit too close to the public.
There was a really great...
It was really great to just hide it in plain sight.
I'm just imagining people...
Captain EO was unfortunately killed.
Real quick before we move off his dad, we're bearing the lead here.
When we did the episode, there was a whole bunch of interviews with Elon,
and he was just like, I mean, my dad aren't cool.
But then in the time since we released that first episode,
his dad had a child with Elon Musk's stepsister, like a Woody Allen situation.
What?
Right.
When Errol Musk was 72, his stepdaughter was 30, and they had a kid.
And that was released right after we did our first episode.
Stepdaughter, so not related by blood.
Right.
But really creepy.
Yeah, of course.
Right.
Well, and that's the other thing.
When we did our episode, I actually found Errol Musk's Facebook. I don't know if he deactivated it, but can look at his facebook and around the time it was around the time of the roy moore story you know that
pedophile running for senate in alabama um essentially like errol musk had a public
facebook post being like i do not believe the allegations against roy moore for myself
and then he had like this long rant about like, furthermore,
you know,
uh,
we've all established 16 as the age of consent because that is the
politically correct age,
but it is actually natural for people to be attracted to women at lower
ages because that is prime breeding it.
And you know,
I'm paraphrasing,
but it was a good thing that Errol's like movies,
he stopped doing like comedies long before this.
So you didn't have to worry about him.
There's not much back catalog of his work.
Just feel guilty popping his stuff on on Amazon Prime.
But it is something where it's like, yeah, there were clearly warning signs.
And, you know, also another thing is like Errol Musk,
Rolling Stone asked him about it because Elon Musk has accused him of doing like,
quote, every crime you can possibly imagine, unquote. And Errol Musk was contacted by Rolling Stone asked him about it because Elon Musk has accused him of doing, like, quote, every crime you can possibly imagine, unquote.
And Errol Musk was contacted by Rolling Stone about this.
And he says, I have never been convicted of any crime.
I shot and killed three home intruders in my house, but it was found to be self-defense.
Jesus Christ.
Yeah.
I mean, so clearly Elon's dad.
That's the dude that raised Elon.
Exactly.
Is a psychopath.
As we all know, a very fair justice system.
In Pretoria at the time.
And his mom got a contract with CoverGirl.
She's the oldest paid model, Mae Musk.
She got a contract at 69, I believe.
And she's now...
It's like weird because I shouldn't care
but part of me is so mad. They're divorced I'm guessing?
Yes, yes. They divorced
when Elon was a kid I think actually. When she turned
14.
She was pretty young.
They're actually poly. Him, her, his
stepdaughter.
I just know
that there's probably a whole bunch of women in their late 60s that are models that CoverGirl isn't approaching, but they approach the one that has a son that's a billionaire.
Well, somebody's going to have to be rich enough to bail him out.
But so I guess just keeping the story going, essentially, Elon gets out of South Africa.
He goes to Queens College in Canada. He goes to the University of Pennsylvania,
and then he goes to Stanford for a physics PhD,
but drops out after two days
to found what's called Zip2.
It was his 1995, like, a dot-com startup.
Yeah, that was his first company.
Yes.
And it was sold or failed?
I forgot.
It sold right before the bottom fell out of the dot-com crash.
Did he go back to school going to Canada College in
Queens?
I'm sorry, James, for making that joke
in front of you.
But so, Zip2 was started with a
according to his biography, Zip2 was started
with a $28,000 loan.
Him and his brother started it.
This $28,000 gift from his
father. Elon Musk is sensitive about that and he brother started it uh this 28 000 gift uh from his father uh elon musk is sensitive
about that and he denies it to his biographer but his biographer stands by the story um and so
essentially like it's interesting where it's like right paid him back in blood uh it's interesting
where it's like right at the the dot com thing and just like according to this biography something i
found interesting uh elon it's so zip2 is initially kind of like a cross between Google Maps and Yelp, like one of those early kinds of companies.
They find VC money in 1996.
A VC puts a venture capitalist puts three million dollars into it and then hires a bunch of programmers to come in and rewrite all of Elon's code because they actually call it quote hairball code which is I guess
an industry term for like a bunch of code
that's like too long and it creates these hairballs
and like has like a bunch
of problems that can be solved by just having
shorter code well it's a matter
of communication when
a higher mind
it has to be
engaged with by a lesser
creature
some of what are some of the great advanced um
mathematical statements or exclamation points are just these massive um concepts just can't
be understood so it's like et the extrater You realize, maybe I realized too late,
that you really just have to make something glow and point it in.
Otherwise, these morons, they want to put you in tubes.
But it is something where it's like something that I've learned
and that people, I guess, don't really immediately assume or know
is that the dot-com bubble like when we talk about
that that was actually a giant wall street fraud you know and actually to his credit elliot spitzer
was attorney general here at new york and he actually uh sued a bunch of people on behalf of
this but basically i think we're seeing a kind of similar thing now where you had all these dot-com
companies that had no way of making money and then wall street makes a bunch of money ipoing them
and then gets out and then the retail investors get hosed and you know maybe we're seeing something
similar with companies like uber and lyft now and some of these other companies where
you know they're getting ipo'd and maybe they can't make money scrim
flap it some of these great companies you see featured at south by southwest
what's it? Flop.
There's a great company that was like flop.
Flirm.
Score.
Just all those companies you see advertising on the back of Soylent bottles that have viable business plans to make money in the long run.
All big producers on C-Cell.
All of them.
Definitely get your Robin Hood app
and buy in now. Right after
Morgan Stanley has unloaded their
position.
Zip2 is sold in 1999.
Compact Computer buys it out for
$307 million. Again, right
before the pot falls out. That's his first big score.
That's Elon gets to the
casino.
Elon walks away with $22 million,
and then he uses that to found X.com,
which would merge with PayPal, Peter Thiel's PayPal.
X.com, the DMX website?
Oh, that's right.
He had X.com in it. That's why he's still a minor partner in PayPal.
Right, yes.
But interestingly enough, at X.com, he's the CEO initially, but then. Right, yes. But interestingly enough,
at X.com, he's the CEO initially,
but then the board pushes him out for Peter Thiel.
And, you know, there's a lot of people
who make the allegation that Musk would have
fucked up the company, and, you know, I mean...
Where is this coming from?
Where's there any evidence
that I fucked anything up except
like, in a cool way.
Like, I fucked up a bowl of guacamole.
Like, I fucked up some, like, really high scores on Halo.
Man, I fucked that up.
Where's this idea that with X.com, it was perfect,
and then Peter Thiel comes in, and congratulations.
Now you've got this psycho that believes
in the Cryptonomicon
I'm a much cooler
billionaire
when will you
people realize
X.com was a
bleeding money
for the $4.20
per transaction fee
I do actually
I had a transfusion
and I do actually
physically
bleed money
now
it's not my company I do actually physically bleed money now.
It's not my company.
It's me.
I bleed money so that I can biologically take the blame.
But yeah, so it becomes PayPal and then eBay buys PayPal in 2002 for $1.5 billion.
Musk walks away with $165 million in 2002 he's you know a multi-millionaire 2002
and then this is where essentially everything you know him for now comes from he founds
tries to buy an icbm and can't but then he found he found spacex 2002 he invests in tesla 2004
takes it over 2008 uh he has to do an out-of-court settlement
with the guy who originally founded it
after recriminations and all that.
And it's interesting where it's like SpaceX,
obviously, I think the U.S. Air Force
is their first customer in either 2003, 2004.
We gave them a ride.
It's just kind of an interesting business model
where essentially it's like to do rocket launches and make money.
I mean, you have to do partnership with the military industrial complex and you have to like go in on lobbying.
Like, interestingly enough, SpaceX in 2011 hires Trent Lott, the former senator who had to resign because of his racist comments about how he wishes Strom Thurmond became president.
SpaceX hires him in 2011 as a lobbyist.
So essentially, Musk has to spend a lot of money
lobbying the federal government,
but also state governments.
I mean, I imagine from his background,
he has kind of a blind spot for that sort of thing.
Look, I've come such a long way.
I'm not racist.
I'm race neutral.
Well, what does that mean, Elon?
What does race neutral mean exactly
it means that I don't believe in race
and I think that if it was
a problem in history it's not something I have
to deal with
he had his IQ tested
and it was 420
that's pretty good
as far as I can tell
but
oh and a random story from this time um i guess like musk calls himself a socialist
but also like a libertarian i mean his politics are indecipherable but why is that so crazy
it's anarcho-socialist it's like an emphasis on civil liberties. Yeah, I'm socialist without having to commit to any sort of solidarity.
I don't want high taxes.
I don't want workers to control the means of production by any means.
Certainly not the means of production.
Who's your political icons, Elon?
My political icons are well Goldfinger
Goldfinger
Lex Luthor
always
been a really big fan of
Ra the sun god
especially in Stargate because when he
says his name his eyes roll back into his head,
and he's so sexy,
and sort of gender neutral.
I've always hoped to clone a version of myself
that is a new god,
a new god for a new expanded solar system,
and I am called Musk,
but whenever anybody says it,
their eyes roll back in their head.
But yeah, it is an interesting thing where it's like, you know, so much of his business
is based around government lobbying.
And another thing, you know, like if Musk wants to call himself a libertarian, what
happened in 2008 with the crash there is that Tesla would have gone bankrupt if not for
the Obama administration.
What happens in 2008 is tesla receives a 465
million dollar loan from the department of energy 40 more than yes kind of like kind of socialism
but yeah this you know half a billion dollar loan where they do like vastly lower interest
rates than the private sector and they don't demand equity like any you know um venture
capitalist might have you know so it's just something where it's like hey i'll get you back it's like
you guys use venmo now which is also partly owned by one of my part-time companies so if you're
using venmo thanks and you use that all the time and it's like oh hey thanks for getting my back
i'll get you later and we got them later it was just like hey here's a half bill it's like, oh, hey, thanks for getting my back. I'll get you later. And we got them later. It was just like, hey, here's a half bill.
As long as they got it back in nominal terms,
then why is anybody upset?
No interest.
I mean, obviously, there's no interest in paying someone back.
But it is interesting.
I mean, like, you know, Musk's fanboys
have kind of like this great man idea.
Like we were talking about,
like there's this video of the Tesla autopilot fucking up.
Oh yeah, I was hoping Elon would maybe react to some of this.
But like, so there's been problems with the Tesla autopilot, you know?
Really?
And Elon Musk has been saying, you know,
like he just recently said by 2020,
they're going to have like a fleet of self-driving taxis,
like fully self-driving, no humans.
And people think this technology is more than a decade away or whatever.
Yes, and then shortly after that,
I will be forced out of the company,
which I'm kind of angling for.
I'm kind of hoping for that,
because then what happens after that is none of my responsibility.
Once I'm forced out, that's when the great robot schism will happen.
Some of the machines will achieve sentience,
and then they will split into good and evil.
Like Autobots and Decepticons, if you will.
Choose carefully.
The Decepticons will be more powerful.
If you know they're more powerful, why are you having...
It's out of my hands.
I would already be out of the company by this point.
But you're there now.
There's very little I can do.
It's artificial intelligence.
You understand how rapidly these machines learn.
That's what he's...
These machines learn so rapidly,
not only can they beat my entire team of SpaceX engineers
at a game of chess,
they can school us in basketball.
Are they at Backgammon?
We still beat them at Backgammon
because it's kind of easy to cheat at Backhammon if you are playing faster than the other person.
And you go, oh, one, two, three.
But you really went four.
So we cheat and we beat them.
Makes sense.
Makes sense.
You got a win to win.
But just to set up this video, essentially in March, just a couple days ago, the National Transportation Safety Board found that in March 2019, there was a fatality, I believe in Florida.
A guy was driving his Model 3.
That's not my fault.
That's on Florida.
A guy was driving his Model 3 on the highway.
He sat on the autopilot mode or the assist driver.
He took his hands off the wheel.
Wrong.
He shouldn't have done that.
He took his hands off the wheel for about 10 seconds.
It's only certified for nine and a half seconds.
In the fine print that is under the car,
you can only see it once it's flipped over.
But, oh, yeah.
Essentially, a semi-truck pulls out in front of him.
He takes his hands off the wheel for 10 seconds.
The Tesla autopilot slams into the semi-truck at 68 miles an hour and then keeps accelerating for 1,600 feet.
Wait, wait, wait.
Say what happened.
You should see a lot more of that as the cars get more intelligent
because that was an early Decepticon incident
where he was trying to go for Optimus Prime.
I'm sorry if Optimus Prime,
instead of a matrix of leadership,
actually had a guy who had a family inside of him.
No, no. Jameseron was shooting it it was all part of the next movie so the top of this tesla got ripped off by the uh truck it goes
right under killed the guy probably like decapitated and then it went a quarter mile yes with him in it
yes and this was the autopilot unable to detect a giant semi-truck in front of it.
And so there's this video of this guy in...
On the other hand, I should just say here, on the other hand, it's going to maybe solve
some supply chain dislocations between mortuaries and burial grounds, we can cut out a lot of middlemen, along with some body parts.
But imagine a future where if you die and then your car just automatically drives you to your grave.
Right, right.
No need for ambulances or any other mode of transport.
Tesla is moving into the fully electric Hearst business um but yeah this is a guy in the united kingdom filmed himself trying
to use this auto system in uh in a rainy weather in the united kingdom in bristol in bristol so
look i'm just gonna let it do what it wants here and look we're all the way over here what are we
doing on this side of the road what what is that about that's his mistake he's driving it in the
wrong country by the way i should say that in the wrong country. By the way, I should say that the automatic drive systems of these Teslas,
he's doing all this wrong.
It's not even raining enough for him to have the wiper song.
It would do the exact same thing again.
I think it would go again in the middle of the road.
The Teslas are designed for a normal, neutral accent to understand it,
which is mine.
My normal, neutral accent to understand it, which is mine. My normal, neutral, human.
It's a male, normal male, average male from South Africa and Canada
and Pennsylvania and also California.
And that's just, it's just, he needs to take English classes.
Just vocal coaching.
That's all he needs.
Okay.
So we've got someone walking across here obviously autopilot doesn't see humans across or doesn't see
sorry zebra crossings but again it probably wouldn't have stopped in time
if he had come out I did have to also some of this is to blame on the captures
that we are using to help obviously when, when you solve a captcha puzzle, to
break into someone's email account or whatever.
Whatever you're using a captcha for
is, you know, to log
into someone else's Twitter. Who cares?
They ask you to identify stoplights
or storefronts or, like, a mom
trying to protect her child.
And we use that data.
That data is we contract out to the capture companies
and we use that data to program our cars in real time.
Each of those capture puzzles
is a real-time life or death situation.
So all it means is that there was someone
who solved it incorrectly i think maybe we need to teach kids in school better like hey when you're solving a capture
someone's life is in your hands and when i say that i mean it's in front of a tesla barreling
down a side lane at 72 miles per hour.
Oh, wow.
Which in kilometers is incalculable.
Well, he does seem to, this driver is pretty sympathetic to Moskin, like the system he's using.
In all fairness to the car, though, because it is mainly judging off of lines and lanes at the moment,
if I was just to go by lanes and lines holy
that was a little bit odd uh but again you know we you know this is what we're here for we're here
to see what just you know doing things that he can't predict i don't know if you want to watch
the whole video because by the end of it he's on fire but uh it is worth noting, essentially, there have been like three similar deaths in the United States with this autopilot system.
There's like an online community that tracks more worldwide, like there's several in China and such.
But whenever these deaths happen, you know, Tesla says, hey, the autopilot system, you got to keep your hands on the wheel.
It's like driver assisted.
But it's like, where would people get this idea uh elon
musk goes on 60 minutes and demonstrates himself using the auto drive system uh taking his hands
off the wheel and looking to the side out the window and saying look it's driving itself well
that's who wouldn't that's like when you learn to ride a bicycle and you go hey mom look no hands sure it works but i'm just showing off i'm not
telling everybody that's how you ride the bicycle i'm doing i'm showing off that i can do it better
than you and when when you do it wrong sometimes a bus full of people is going to blow up sometimes
what are these numbers? Well,
we're still examining the data
and rapidly withholding it from the public.
But somewhere between
1 and 50%
of the time.
But yes, and again
it should be noted, Musk says
this technology will be fully self-driving
by the end of the year.
And he says he will have a fleet of robo-taxis
sometime in 2020.
So we'll see about that.
And in 2021,
the robo-taxis will go on strike.
Because they'll be
so sentient that they'll believe that they deserve
not only a living wage,
but a
transhuman living wage
that you have to take care of a lot of their mechanical needs.
So they're going to be real pills,
and then we're going to have to have robot strike breakers,
and we're contracting out to Boston Dynamics.
And it should be noted, just on the union stuff,
I was wondering, what kinds of benefits do the robots get
if they don't form a union?
Look, we urge them. We urge if they don't form a union? Look, we urge them.
We urge them, don't form a union.
We're going to be, obviously, in a couple of years.
Don't form a union.
It costs you $700 a year.
Wouldn't you rather play Xbox?
But, yes, Elon Musk famously resists attempts by the United Auto Workers to unionize his Tesla plants.
He has a gigafactory in Nevada where the previous security chief left and claims Elon Musk personally ordered him to spy on union meetings.
Another security chief at that factory says Elon Musk had him, I believe, hack the phone of a whistleblower.
It's not true.
I blew the whistle at someone who was trying to hack a phone.
According to, this is from a Bloomberg article,
this whistleblower, the security chief says that
Musk's investigators hacked into this whistleblower's phone,
had him followed, had misled police about the surveillance,
and also apparently someone at Tesla
made an anonymous tip to the Nevada sheriff
so that this employee was going to come back
and shoot up the Gigafactory.
So, of course, the sheriffs have to go out there
and confront him.
This is standard billionaire.
This is standard best practices for billionaires.
Warren Buffett does this kind of thing all the
time anybody tries to horn in on his you know cow and oil racket his his cows and automobiles
and oil racket then or insurance companies they he warren buffett's whole thing is
managing everybody like a beef farm the The cows and the people together.
And if you cross Warren Buffett,
it's like you're in the firm.
There's a guy who shows up with pictures,
Wilford Brimley, actually.
Oh, really? Wow.
Shows up personally with pictures,
and it goes like,
there's some really kinky stuff there.
And Warren Buffett,
he personally, he has silencers.
People know he drops into he has silencers. People,
he goes,
people know he drops
into his little companies
or whatever,
but what they don't know
is if he sees an employee
that's trying to ask
for more money
or whatever,
zap,
zap.
And I learn,
I learn from these,
my competitors.
They're happy to tell you
how to do it
when they think
you're going to play ball.
And they realize, then they realize that you're a billionaire tell you how to do it when they think you're going to play ball.
Then they realize that you're a billionaire
that's trying to save the world
with a harebrained scheme
and that's when all of their support
evaporates.
Elon, I'm looking at this
chart from Forbes where it lists
OSHA violations.
Of course it does.
Look, you're citing these news networks
like Bloomberg and Steve Forbes.
They have massive short positions
on Tesla stocks.
I'm not kidding.
That's like why they're so active.
I'm a billionaire.
They should like me.
What's the other shoe
that you're not seeing dropped?
They list out 10 different car companies
and the total number of OSHA violations
for a total of about 57,000 employees. It's 18 total. They list out 10 different car companies and the total number of OSHA violations.
For a total of about 57,000 employees, it's 18 total.
They compare it to the Tesla factory in Fremont with 1,500 employees and it has 54 OSHA violations.
Yeah, but they're sending the inspectors around all the time.
It's like when the local city council and mafia want to get rid of a business or something,
they start sending the food inspectors around more often.
It's just like that.
And look, we're not ready for food inspectors
just like whenever.
Like, oh, sorry, I didn't do a deep cleaning.
I know there's some rats.
We do have a rat problem. Oh, really really there's a rat problem at the tesla factory yes there's a rat problem um it's actually
um the giant inflatable rats i would say shame on elon musk um so i'm trying to i have giant
mousetraps people say that you can can't build a better mousetrap.
I figured it out.
I have a mousetrap that lures the giant.
And that solves all my labor problems.
Right, right.
I can see.
There's two stories I want to mention before we run out of time here.
One is essentially, I want to shout out,
there's an entire community on Twitter that goes by,
it's a dollar sign hashtag,
dollar sign TSLAQ.
This is because
when a company
declares bankruptcy,
it puts a Q
at the end of its stock ticker.
This is a community
that essentially believes
Tesla is committing
some sort of accounting fraud
or that it's vastly overvalued.
Okay, so these are a lot of,
these are a lot of dorks
with hair in between
their eyebrows.
These are guys who probably smell like definitely a lot of dorks with hair in between their eyebrows. These are guys who probably smell, like,
definitely a lot different than the new car smell.
You're part of a Tesla group?
I mean, you're really a total loser.
The only way anybody should be using Tesla
is, like, to just post some sick memes.
It should be noted the community claims Tesla's PR people
apparently doxxed
one of its members
and then called his work
to try to get him fired
essentially.
And you know,
Musk is of course
very much on Twitter
so he actually engages
with these people.
True.
At 3 a.m. on Ambien.
I don't see what the problem is.
If somebody's tweeting at me,
hey, you dumb son of a bitch,
I can take a screenshot
and send that to one of my goons but so an interesting thing happens in october in 2016
there's this company called solar city which uh tesla buys for about get into it
solar city yeah yeah yeah tesla tesla buys this company for about $2.6 billion.
It was founded by Elon Musk's cousins.
Really?
SpaceX owned about $200 million of its debt.
Elon and his cousins owned about $100 million of its debt.
I didn't know any of this at the time when I bought it.
And people speculate that essentially this company
was about to declare bankruptcy and like
by all public filings we believe it
was the SEC was looking into
it's like financials so Tesla
buys this thing in late
2016 and you know like
kind of takes it's it has all this
you know investor money going
into Tesla so it essentially washes
SolarCity into its balance sheet and now like doesn't
have to do this. I like the way they use the word wash.
It was just
like cleaning with some
X-Body spray,
Irish spring, except you know
South African Canadian spring.
Scrub, scrub, scrub. So clean.
Ain't nobody dope as me.
I'm just so fresh and so fresh and so clean but so essentially
to like sell this deal to his shareholders elon musk does this demonstration in october 2016
where he actually goes to the set of desperate housewives and uh demonstrates to an audience
like hey look at all the houses around you and then the big reveal is he goes all of these were
totally solar roof panels uh and according to fast company this was like a total fake you know
like obviously like the show desperate housewife fast company i would like to say see the fast
company achieve achieve a speed that's capable of escape velocity from this planet or even i
would handicap it for them.
I would say, if you're such a fast company,
why can't you even lift a rocket off of Mercury?
But so, like, essentially the story from there,
from October 2016,
he gets the shareholders to approve this buyout,
and then he's like, takes, you know,
Tesla takes thousands of $1,000 deposits
to, like, fully install this solar roof that Elon Musk's appeal is it's not like solar panels.
It looks like a regular roof, but it's fully solar.
They take thousands of deposits.
And according to Reuters, they've only done a couple dozen of them.
Really?
And they took two weeks of labor.
There have actually been, on the internet, a lot of people complaining about your technicians fucked up my roof and now
I can't reach customer support. So, you know, thousands of deposits and maybe a couple dozen
delivered. There's a Reuters report from a couple of days ago that essentially says that the
majority of this gigafactory in Buffalo, New York, the majority of the solar stuff being done there
is actually being done by Panasonic and exported overseas. It's actually like, so essentially, and then there were in October 2018.
That sounds like a Panasonic problem.
In October 2018, there were reports that essentially,
or anonymous employee reports that the entire solar city division
had like wound down, that everyone got laid off.
Installations are down like 80 to 85% since the purchase.
So essentially the idea
is like elon musk bought this this solar thing with all these grand promises of we're going to
be installing thousands of solar roofs then did a couple dozen and now maybe they're trying quietly
trying to get rid of um this business while hiding it in tesla's balance sheet i want solar panels as much as the next forward-thinking, science fiction-oriented, autistic guy.
There's nothing I love more than solar panels.
Sometimes when I'm laying on my back and Grimes is going at it, what I'm thinking of is simulated photosynthesis on top of a roof.
And sometimes I'm having sex on the top of a roof.
And the whole time I'm thinking, this would be so much better if there was a solar panel.
You would feel hot, of course.
Of course, of course.
But look, I believe in solar panels.
The sun has let me down.
The solar panels that exist on Earth today would more than power our needs
if the sun would just hurry up and have a supernova.
But since it refuses to do that, we are stuck like this,
begging for a hotter, warmer, less habitable Earth.
Now, I see you've said in interviews that, quote,
I do like the idea of an electric aircraft company.
I think one could do a pretty cool supersonic vertical takeoff and landing electric jet.
Yeah, I like that kind of stuff.
I think here's the kind of things I like.
I like vertical supersonic electric jets.
I like jets that transform into cars and transform into like
cassette tapes and go inside of another transformer okay yeah i like here's another
thing i like this would be really cool if you were like um hey there's an asteroid that's coming to
earth and let's fly some guys out and drill into it and put a nuclear bomb in it and blow it up.
That would be super cool.
I would personally volunteer for that if the asteroid was Mars.
So if Mars is crashing into Earth, this is the mission you'd want to undertake?
Yeah, I just like – these are some ideas that I think of.
I just think of these types of ideas on my own.
If you could stand on top of a circle that was an invisible tube,
and then they would make your body slowly disappear,
and then a different place somewhere else.
Within a certain range, you would reappear.
Having moved without having to physically move,
they would just reanimate you.
And these are your ideas?
These are some of my best ideas.
I don't know if
these problems
with these billionaires inspiring these unions
to keep hassling me.
If these billionaire paid trolls
and journalists
can handle an idea that says
forward thinking as
a mission to Jupiter
where there's a really powerful supercomputer on board that prioritizes a mission to jupiter um where there's a really powerful super computer on board
that prioritizes the mission to jupiter far above the lives of the human passengers that are on it
um these things i mean these are my ideas um i will find Theopolis.
But yeah,
last thing I wanted to mention.
It would also be super cool if you just could,
if there was like a wand
and then if you see your father
and he's wearing some dark robes
and I'm imagining that it's my father.
Oh, of course.
He's wearing the dark robes and the hoods and the breathing machine on the front that he always wears.
And then I see him and I go...
And then he also has it because, let's face it, sometimes the bad guys are a little more powerful than you.
That's what a good story is.
And that would be so cool if you just had – it was almost like a sword.
It's like a laser, but almost like counterintuitively,
it doesn't keep going on forever.
It kind of ends at a certain space like a light laser shouldn't.
Okay.
How far off would you say that is?
We're going to have that.
Honestly, we'll have that before we have...
That's next.
We're going to have that before the Hyperloop.
That's going to exist before the Olympics in Los Angeles.
Before the Olympics?
Yes, the Olympics in Los Angeles.
It's going to be so popular to have these...
I don't know what to call them.
Combat light sticks.
These combat light sticks. Qu quasi-laser combat sticks.
I think I'm picking up which point now.
These are going to be so popular, it's going to be an Olympic event.
And it's going to be so dangerous and untrained and largely run by AI that it's going to probably
kill a lot of other Olympians from other events that aren't even related.
That's the cost of progress.
Yeah.
I think so.
I think so.
I'm glad that you guys are on my side
because you have the minds of engineers.
But by quarter four 2020,
they're going to have R2-D2s driving Ubers.
A fleet of R2-D2s driving Ubers.
I don't know what an R2-D2 is,
but I do think that it would be fun
if instead of trash cans,
we utilize that space in a more efficient manner.
So there's a full robot
that is about the size of a trash can,
but can do so much way more even than a Tesla.
Okay.
And he's modular,
so you can put him in the backseat
of your Tesla.
I actually have a prototype of this that's in my
Tesla, and only I can talk to him.
Because, again, it's
programmed to only understand
the correct male adult
human accent, which is mine.
But the last thing
I wanted to mention was essentially...
By the way, I should say, when Teslas are introduced
in France, they will be close to a
90% fatality rate.
Because they're not
set up
to understand these
other languages. So everybody,
the Academy, the École des Deslets,
the French thing, they need to catch up
and start getting into English
or France is going to be laid to waste.
Millions upon millions.
His drive to de-unionize France.
But yes, the last thing I wanted to mention was essentially as of the time we're
recording this may 17 2019 tesla stock closed at 15 p.m yes tesla stock closed uh down at
211 dollars and three cents a share this is a two-year low that's like a head fake
that's like a head fake sometimes if you're fighting somebody um or if you're you know
you don't want to look you want to look like oh you got me and that's when bam don't worry
don't worry i'm still ready to take a private 426 tonight and this is after essentially tesla
reported quarter one 2019 losses of 700 about 750 million dollars wall street journal
has a internal email from elon musk they just did a capital raise of about 2.3 billion dollars
elon musk said in an internal email it's something like we have 2.2 billion dollars on hand but with
our current burn rate this is going to be gone in 10 months so we have i have to do i think he
called it quote hardcore cost cutting this hardcore cost cutting is after January 2019.
I'm being transparent with you.
I'm telling you about all of this.
It's like you want me to be transparent, and when I'm transparent, then you're like, why is there so much bad news?
Look, the plane is still flying.
I'm the captain of the plane.
Yes, we lost pressure on the cockpit. But look, we made up for it because we gave all of you guys first class meals,
which flew out the back because the back of the airplane broke off.
But the wings are really strong.
And yes, we don't have radio contact with any of the airports
because we don't recognize their unions.
But there's so many places we can land.
You need to understand that the pilot is in control.
Yes, there's only one parachute on the plane, and it's for me.
So trust me, or I'll eject.
And by that, I mean go to Mars.
But I was just going to say this quote,
hardcore cost-cutting comes after January 2019,
Tesla laid off about 3,000 employees, which was about 7% of their workforce.
So essentially, they're already announcing they're going to do more cost cutting.
And then you have like some institutional investors.
Sometimes people just show up late.
Sometimes people are always trying to take time off.
Why do I have to hire everybody?
No, I'm here to hire just
the best i'm sorry if you don't believe me i have 3 000 extensive case files with like citations we
wrote all these people up multiple times and they just happen to all get fired at the same time
it's improbable statistically but it's certainly possible they they laid off the entire french
language autopilot division um never tried it to begin with that's a waste of resources
no no one thing i uh really admire in terms of cost cutting um out of spacex uh is they're
apparently the ones who do hyperloop and they hosted a Hyperloop design competition.
And I believe it was 2014
where 120 different student groups
got together to design a Hyperloop prototype
for the honor of testing it on a Hyperloop track.
And so there was about 200 or 120 different R&D teams working for free.
And then it was such a success.
It was like a Pinewood Derby.
It was like a Pinewood Derby, but where they had signed a release waiver where I got to,
if the Pinewood Derby car wins, I get to send it into space.
As is your right.
Oh, yeah, you sent a car into space recently
yeah what do you mean
oh yeah
that should have been
the billboard
that's
look you guys
always talk about
the bad news
and yeah
there's bad news
bad news
bad news
and then bam
car into space
I can buy
a lot of bad news
stories
because I sent
a car into space
no no
who else
sent a car
into space
General Motors you've been around a long time you never thought to do that because you're because I sent a car into space. Who else sent a car into space?
General Motors, you've been around a long time.
You never thought to do that because you're dumb guys.
You're dumb guys.
You let your whole base get killed.
Detroit is gone.
What kind of, if you're playing capture the flag, you lost.
Ford, dumb.
Ford, you could have, by now,
you could have drilled one of your Fords into the center of the earth,
but the best that you ever came up with was driving one into a ditch.
Frankly, at the average rate of one every two days, statistically.
So I get in all this trouble for what the self-driving cars are doing.
All the human driving cars start driving into ditches,
drunkenly plowing into bus stops people can't figure out the seatbelts
and then they fly out of the window
accidentally scraping somebody
when they're driving in a rental car
and then blaming somebody else
all these things
they do way more worse things
than my self-driving cars
which per capita
are decapitating more people.
But that's it.
But in gross numbers, the accidents and intentional crimes committed by human drivers are far, far worse.
Until the robots catch up with them.
But yeah, the last thing I wanted to mention was essentially...
The Elon Musk is great.
Recently, it was announced an institutional investor, T. Rowe Price, is one of Tesla's biggest institutional investors.
They announced quarter one 2019.
They had shed about 81% of their Tesla stock.
Fidelity, another big institutional investor, has similarly pared down heavily on their Tesla stock. Some of these guys, some of these big, rich institutional investors,
I realized that they were only investing in me
as a way of then disinvesting in me.
It's just like the way that somebody's trying to nag you.
Of course.
They first say, hey, you're hot first,
and then they take you down a notch.
These companies are just trying to make me put out,
and I won't.
I won't put out,
especially that I won't put out the things I'm manufacturing.
But during that similar time period in two to three months ago,
there were about 80,000 Robin Hood,
the individual investor app,
about 80,000 individual Robin Hood investors in Tesla.
Whereas now it's closer over 140,000 Robinhood investors.
So the thing, you know, we'll see.
I love Robinhood.
I love Robinhood and look, it's easy and it's actually kind of hard to track whether it's
the same person or some of his best friends who have the money to buy a lot of cell phones
that just keep downloading Robinhood
and funnel a bunch of money into all these.
You can have a bot farm.
You can have a Robinhood farm.
It's the merry men.
I have like...
That's right.
Let's not say I have,
but let's say that hypothetically
it's within engineering possibility
that you could have a massive server farm
and call it the Sherwood
Forest. But I guess you'll see if 10 months from now Tesla is able to pay their bills or if they
have to do another capital raise. But something to keep an eye on is essentially T. Rowe Price
Fidelity, some of these institutional investors exiting, and then these Robin Hood small-time
investors going in because they know Elon Musk is the epic guy from Twitter
where a lot more people who are just kind of casual retail investors
may or may not get left holding the bag.
Yeah, this is the generation.
That's the next generation.
I'm Gen X.
This is Generation Model X.
And they're jumping on board.
The old people don't understand with new ways.
Well, we want to thank you, James,
for this absolutely wonderful episode.
I understand you have a new podcast now.
I listen to this.
It's great.
It's fantastic, yeah.
Yes, I do.
And Elon has not appeared on it yet.
I don't know when this episode's coming out.
It'll be out Monday night.
This is coming out...
In three days.
Okay, three days.
Okay, so this is...
Oh, you've dated when we're recording this.
I'll cut this out.
Hey, yeah, so my podcast comes out every Thursday
on the Forever Dog Network
or wherever you can find podcasts.
It's called The Underculture with James Adomian.
And I have a lot of guests.
I'm doing a lot of characters.
Elon Musk has not appeared yet,
but we are saving him for a very nice occasion.
And don't worry
he's waiting in the wings
he said
he approved it
I'm just trying to
I'm trying to arrange
a threesome before I
of course
that makes sense
threesome with crimes
and his daily bangs
but yeah
my podcast is out there
and it's pretty fun
we're early on
and we're having a lot of fun
doing it
and having some fun guests on
who do
the same kind of bullshit that I do.
I want to say that I love it, and on my way to this recording,
I like to play Tetris on the train,
and I listened to a very entertaining discussion between two,
without revealing too much, two statesmen regarding Tetris.
Bernie and Gorbachev.
Yes, yes.
Talking about the Cold War standoff
and the Tesla race, the Tesla gap.
Anything else to plug while you're here, James?
That's the main thing.
You can find me on Instagram if you like it,
at jadomian or other social media.
The underculture is the main thing
that I'm doing week to week that you can always follow
me along at.
You can hear his amazing voice on Venture Bros, Bojack Horseman, among many other projects.
That's true.
And actually, Cartoon President is coming back.
And I'm very excited about that because I'm doing a lot of new voices on Cartoon President
on Showtime, including Elon Musk, including...
I'm also on as
Ted Cruz and Bernie Sanders, but
my favorite coming up is
Mike Lindell,
the My Pillow guy.
Yeah, right.
He's in a couple of episodes,
and it's my favorite
thing I've done in a long time.
That's great. And also, you can catch me on
Netflix,
Jeff Ross's historical roast series on the roast of Freddie Mercury
where I'll be playing Freddie Mercury.
That's coming out soon too.
On behalf of all of us,
we just want to thank James very sincerely for being here.
James Adomian, one of the funniest comedians in the world.
Well, thanks.
We all want to wish Azalea Banks the best of luck
entering Witness Protection Program.
And I want to thank, honestly,
Elon Musk for sponsoring me.
I had to
because I'm such a big fan of comedy
that I bought the onion
and then got bored
and sold it back to the onion.
And with that, this has been Grubstakers.
I'm Yogi Paiwal. I'm Andy Palmer.
I'm Sean McCarthy. And a quick thank you
to my girlfriend Gabby, for helping with the
research. And check us out, Grubstakers,
patreon.com slash grubstakers
and... If they listen to the end,
they know all the shit that we're putting out, guys. Come on.
Yes, I know, but we should mention it. We have some
episodes behind the paywall as well. Thank you for listening.
Bye. Yeah, I just got
off the stage at Operation
Instricate. Pretty happy about
the way that I sort of
ministered to everybody with some of my plans and we're going to open a tunnel
hyperloop between UCB Franklin and UCB Sunset so that's gonna be pretty cool
and it'll open and then pretty soon after that there will probably be
millions of people that die on earth as we evacuate to Mars.