I had the honor of sitting down with @elonmusk for an additional hour while we were in Kraków this week. We hit it all: DEI, @SpaceX, aliens, the meaning of life, and how to hold on to the American dream. Watch our full conversation, right here on X: pic.twitter.com/Wh5EC64zde
— Ben Shapiro (@benshapiro) January 25, 2024
January 25, 2024
These kids today take communism seriously....
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Somewhere there’s video of Obama with young kids in the East Room and he’s explaining to them that capitalism is evil and if you want to have a meaningful life you need to work in government. Getting to kids at an early age really works. Three of those kids tried to start a Bolshevik Revolution in our accounting firm. Mercifully they failed and they quit so we didn’t have to fire them…
I would think it's a feat to get Musk for an entire hour.
"Every high civilization decays by forgetting obvious things. The fact that a chaotic and ill-educated time cannot clearly grasp that truth does not alter the fact that it always will be the truth. Our generation, in a dirty, pessimistic period, has blasphemously underrated the beauty of life and cravenly overrated its dangers. As for our own society, if it proceeds at its present rate of progress and improvement, no trace or memory of it will be left at all."
- G.K. Chesterton
"These kids today take communism seriously...."
"What's the matter with kids today?"
- Paul Lynde
It wasn't very kind of you to put Ben Shapiro and Taylor Lorenz next to each other. Porky Pig, followed by the Valley Girl Olive Oyl.
The innovators are not screwing the little guy. The Corrupt mob left are doing so.
The left HATE Musk now - because he is all in for free speech.
The left HATE free speech. Well, the left enjoy free speech... but they do not want any dissent.
They left will not tolerate any criticism against the left.
That's why it's perfectly natural to refer to The left as Neo-Maoists, Stalinists and Leninists.
Children are always 'communists' in some fashion -- they receive life and food and shelter for free from their parents. The selfish kids bully others to get more and more stuff, while the compassionate ones think everything in life is free and that money indeed grows on trees (parents).
Humans did exactly the same thing with Christianity before the industrial revolution and factories created the secular version of the religion, now known as Marxism.
The issue for all time is that money does not grow on trees. Christians had delayed gratification via the afterlife/heaven to deal with reality, while the 20th century Communists imploded because they never figured that part out. Children today have zero economic challenges...so they'll remain children for life unless they have a challenge.
"Somewhere there’s video of Obama with young kids in the East Room and he’s explaining to them that capitalism is evil...."
Yes, "somewhere" in that portion of your brain which gives you fever dreams about imaginary commies in the US government.
I'll answer the question I asked Rich awhile ago that he utterly failed to answer.
"Where does wealth come from?"
Idividuals create wealth. That's all.
The Musks. the Jobs. The Wozniacs. The Fords create wealth. Labor adds value to wealth, but does not create it. That's all. Workers in charge of production is never a good idea because they don't enjoy the decipline and vision to continue to create.
Now the corollary.
Governments consume wealth. Wealth disappers under high taxes. Since the government cannot create anything without first taking something in the form of taxes or takings from the populace.
That's it. Basic economics.
Not a raving fan of Shapiro, but he has his moments. This was well worth watching.
Musk is an amazing individual, truly a Hank Rearden come to life. He has his flaws, as we all do, but if the only thing he had done with his career was to liberate X/Twitter from the stifling left-wing Thought Police, that should be enough to earn him our undying gratitude.
I wish Ben would lose his rapid fire valley girl vocal fry.
Say whatever you want … two pretty interesting and intelligent guys. Bring Vivek into the mix. POW!
Ben quote: "Nihilism doesn't tend toward anything"
Rocket Runt in North Korea just said, "Today, failure to satisfactorily provide the people in local areas with basic living necessities including condiments, foodstuff and consumption goods has arisen as a serious political issue that our Party and government can never sidestep."
And yet Kim Jong Un has done that since to took his Daddy's post... and that, folks IS THE FACE OF COMMUNISM.
It does not work. It is a pox on mankind.
Kids today take communism seriously at some point in their youth ALL kids take it seriously. It FEELS right and fair. But most kids grow up and come to understand that communism ONLY works for the few that have guns and power. Today because teachers still believe in communism, their students do.
For the adults that believe in communism, there is no amount of death and carnage that is enough to prove to them that it does not work.
The more things change, the more they stay the same. It's like the social media algorithm has weaponized the eternal human condition to mine clicks.
Blogger Ride Space Mountain said...
..... Our generation, in a dirty, pessimistic period, has blasphemously underrated the beauty of life and cravenly overrated its dangers....
- G.K. Chesterton
Spent a week in Krakow this past spring. It’s incredible how diligent the Poles are in instilling Polish history into their schoolchildren. I saw multiple groups at all the key historical sites drinking in the narratives of their teacher—and I’m pretty sure it was not Critical anything. If you know Polish history you can understand why.
Blogger Robert Cook said...
"Somewhere there’s video of Obama with young kids in the East Room and he’s explaining to them that capitalism is evil...."
Yes, "somewhere" in that portion of your brain which gives you fever dreams about imaginary commies in the US government.
Yes, Cook thinks they are all "fictional." Mean while Biden appoints people who have studied at the Moscow Academy where they learned such things as banks are bad.
Her quotes: "While many emigrants from the former Soviet Union used the freedom enjoyed in the West to speak out against authoritarian socialism, Omarova has suggested the free market is in some ways inferior to the state control found in the U.S.S.R."
and
"A 2020 article written by Omarova that suggests the need for a government-controlled “people’s ledger” that would “end banking as we know it” has caused further friction over her nomination, with some reports suggesting that moderate Democrats may oppose her appointment."
Yes, Cook they are imaginary. Fortunately, she was rejected but she was not alone.
In some communist countries abortion is illegal. Penalty is death or if lucky imprisonment.
Also, gays are sent to prison and tortured with electroshock treatments for being gay. Ask me how I know.
The Communist Manifesto is an utopia that doesn't translate into real life.
Don't ever give up your guns.
Howard said...
"I wish Ben would lose his rapid fire valley girl vocal fry."
You know you don't have to listen to him. Of course you'd be better off if you did, but no one is forcing you to. Come to think of it unlike communism where you're forced to listen. And DEI at the University of Wisconsin Law School.
Jesus Rusty. Are you on your period? The only reason I mentioned it is all the crap that was given to the tick tock girl in the previous post. I don't mind that little twerp so much.
Funny thing is I love Valley girls. Listen carefully to the Tom Petty song Free Falling. Those are the real Valley girls, not those Encino AirHeads that Moon Unit Zappa made fun of.
The backlash against the anti-communist witch hunt, left higher ed wide open to commie peddlers.
Most times, overreactions carry a heavier price than the problem they are meant to address.
It’s true from the reaction to 9/11, the reaction to Covid and some people might even say the overreaction to sexism.
True of DEI too.
"Yes, Cook thinks they are all 'fictional.' Mean while Biden appoints people who have studied at the Moscow Academy where they learned such things as banks are bad."
Who are these people who Biden appointed who "have studied at the Moscow Academy?" Appointed to what positions? What do Biden appointees have to do with Obama? How do you know these appointees "learned such things as banks are bad?" Many Americans visit, live and work, and study in Russia. Do you assume that makes them communists or that they think banks are bad? (Heck, there are no commie Russians left in Russia!)Do you think banks can't be bad?
Rusty said
Workers in charge of production is never a good idea because they don't enjoy the decipline and vision to continue to create.
Speak for yourself. I made improvements in several places I worked. I'm smart enough to know that if the boss doesn't have enough left after paying the bills, I Can't get a raise. You don't know as much as you Think you know.
Hassayamper said...
"Musk is an amazing individual, "
40 % drop in Tesla's earnings? Can you imagine where it would be if Musk wasn't so "amazing".
"40 % drop in Tesla's earnings? Can you imagine where it would be if Musk wasn't so "amazing".
Not existing?
When Incel Howard starts asking about your period, run, run away!
I wish Elon would/could stop gargling his words.
Drout's Iron Law of Communism:
Communists are only world-class at three things:
1) Murdering people;
2) Stealing their stuff;
3) Lying.
Therefore everything that Communists do soon reverts to one of more of the three core competencies of Communists.
(Remember, the F in "Communism" stands for Food)
*N.B.: Part of #3 is jumping in and taking credit for popular things that other people did. You don't need communists to get workers' rights or to push for independence from far-away empires--there were non-communists movements to do those things, because they're so good a lying, they're good at inserting themselves into and then taking over other movements.
Rusty said
Workers in charge of production is never a good idea because they don't enjoy the decipline and vision to continue to create.
Speak for yourself. I made improvements in several places I worked. I'm smart enough to know that if the boss doesn't have enough left after paying the bills, I Can't get a raise. You don't know as much as you Think you know.
Mutaman: "40 % drop in Tesla's earnings? Can you imagine where it would be if Musk wasn't so "amazing"."
LOL!
Are you sure you want to continue running with that?
I'll bet you do!
Lets start here:
What a truly horrible year for Tesla.
- Model Y just became the best selling vehicle in the world!
- 2023: $15 billion in profit
- $29.1 billion in cash on hand
- Near no debt
- Energy storage deployment 125% growth!
- Auto margin: 17.6% (17.6%!!)
- FSD v12 to all in US in weeks
- Gross profit of Services & Other biz increased from ~$500M loss in 2019 to a ~$500 profit in 2023
- 4680 production is good. Not a blocker
- Tesla Optimus Bots is the future, "Westworld" lab in progress
- New $25K auto development announced 12 months early
And so much more good news.
This exact same scenario happened in January 2023...and Jan 2022...and etc.
The Wall Street traders and algorithym traders are whining like they always do because Elon doesnt run Tesla like a day traders dream with a heavy marketing and sales department so these whiners can ride the expected waves as they do elsewhere.
Tough.
This is a long haul play with energy storage, optimus and AI/FSD likely to outperform Tesla's auto operations in the end, and Tesla's auto ops will lead the world. So do the math...the long term math.
Not to mention the amazing advanced manufacturing moves Tesla has achieved.
Thanks for playing Mutaman!
Between you, Dumb Lefty Mark, LLR-democratical Rich, readering, gadfly, LLR-democratical lonejustice LLR-democratical And Violent Homosexual Rage Rapist Chuck in the house, we will never be at risk of losing out on moronic business-ignorant "hot takes" from our resident dullards!
And dont buy Tesla stock even though its a steal at this fleeting moment! Tesla is not for you. Its the future after all...unless you guys succeed in taking Elon out and handing his creations to your New Soviet Democratical cronies.
Perhaps a GM debt bond is more your speed for now....
Fair cop, Howard.
You hypocrite leftists can delight in any punch at Musk - you used to love him.
But the real funny part is that Americans don't want to buy EV's anymore - from ANY of the car manufactures.
Leftist bitches.
Drago said...
"LOL!
Are you sure you want to continue running with that?"
Running a business where you make daily statements pissing off 90% of your customers is always a good idea.
Think I'll pass on taking investment advice from Drago.
"Tesla is a company run by engineers.
The earnings calls reflect that — and Wall Street hates it."
So true.
rehajm said...
Somewhere there’s video of Obama with young kids in the East Room and he’s explaining to them that capitalism is evil and if you want to have a meaningful life you need to work in government. Getting to kids at an early age really works. Three of those kids tried to start a Bolshevik Revolution in our accounting firm. Mercifully they failed and they quit so we didn’t have to fire them…
Nowhere is there such a video found on my search engines so rehajm should name names of kids who didn't take Obama's advice and work for the government. American accountants always believe in capitalism.
Here is what Obama wrote about capitalism in The Economist:
Noting that "the world is more prosperous than ever before and yet our societies are marked by uncertainty and unease," the president wrote, "It is important to remember that capitalism has been the greatest driver of prosperity and opportunity the world has ever seen."
Regulatory creep... The left's best bud. control.
It was interesting to see how Elon Musk behaves around an intelligent interviewer. He looked quite different - more relaxed - and he explained things better. The question they circled around and around was: how to achieve social justice or, perhaps, it might be better to say - how best to work toward it. I believe it's true that people are very intense about asking and answering this question; it's a central moral issue. And when Musk says "communism rebranded" he really refers to the error that says social justice can be achieved quickly if only we ... [seize the means of production, install CRT in the schools, install DEI in corporations etc.] and push forward on our chosen final solution with complete disregard for all other considerations. The problem is that social structures descending from a historical situation are not the only obstacles. Personal flaws - blind ambition, greed, selfishness, ignorance, - they come out of the past also and they obstruct every reform. But communism and its rebrands overlooks this. When a situation fails to improve it's due to the social past, not the personal past. And so, under communism and its rebrands when persons pull reforms off course no course correction is acknowledged or made. Claudine Gay should not have become President of Harvard with a thin, plagiarized academic record. But more to the point, the person who silenced Roland Fryer should not have seemed like a promoter of diversity. But her words about what she intended meant more than her clawing ambition to rise by pulling down other blacks.
All other social systems are in closer touch with the realities of human nature and all other systems can correct their course. Time to go back to a humbler knowledge leading to humbler reforms. It's not as much fun as the world according to grandiose dreams but it's more likely to achieve some social justice. And that's the goal.
Drago is ultra defensive about Tesla, knowing that the Chinese are about to eat Elon's lunch and that the EV market in the US is saturated.
Turns out Tesla is wildly overvalued and the market is starting to pay attention.
Drago's personal attacks are getting desperate, so desperate for Full Self Driving to actually mean something.
Dumb Lefty Mark: "Drago is ultra defensive about Tesla, knowing that the Chinese are about to eat Elon's lunch and that the EV market in the US is saturated.
Turns out Tesla is wildly overvalued and the market is starting to pay attention."
LOL
Oh yes, the end is nigh! However will Tesla survive?!
Too funny...and thanks for being you and giving us all another terrific laugh to start the day!
Mutaman: "Running a business where you make daily statements pissing off 90% of your customers is always a good idea."
Sorry, I cant hear you over the positive activity at Tesla.
You'll have to speak up.
Were you saying something about investing $20 somewhere?
Dumb Lefty Mark: "Drago's personal attacks are getting desperate,..."
Noticing little brain dumb people say or write dumb things has nothing to do with "desperation". Its simply more of a clinical observation.
A good summary:
"In the near-term, Tesla stock is merely a call option on interest rates.
In the long-term, Tesla stock is a call option on the future."
Yes, generic quotes from unnamed and undated sources are the best source of stock information.
Plus those quotes really show how EVs are going to take over the car market.
Dumb Lefty Mark: "Plus those quotes really show how EVs are going to take over the car market."
I see you have a difficult time following the conversation. It explains quite a bit.
I'm assuming its been a lifelong affliction.
Maybe you should abandon this little Tesla kick you are on since its clearly outside your ability to understand, along with SpaceX and xAI and Neuralink and the Boring Co., and simply return to your standard 1 simple metric at a time "analysis" and criticism of X.
You seemed much happier there.
And I didn't even get into Tesla's 4680 ramp up!
Which is huge, given 4680 ramp is ahead of expectations and Tesla appears to have more than needed for cybertruck AND future products.
That mean more batteries energy storage for Tesla energy which also will be likely much larger in the end than the EV business.
This is a fundamental fact that Dumb Lefty Mark's brain cannot grasp: Tesla is actually (depending on how you break it down) 4 or 5 synergistic companies achieving breakthroughs across the board and several of those synergistic entities within Tesla will be larger than EV's.
Portfolio managers always want all the bells and whistles ptesentations on forward guidance so they can repackage the base info for their high net worth investors without having to do their own detailed due diligence.
Thats not how Elon operates, and he's in good company given Warren Buffet and Jamie Dimon, amongst others, dont advise alot of early guidance which warps management thinking during the year to try and hit too early projections and keep massaging data and actions to "smooth out" earnings.
That reporting/management model wont work here.
Just like last year, Tesla will kick out 2024 projections based on a quarter of actual results and with a clearer picture of interest rate impacts.
If the LT upside potential isnt enough to overcome your ST profit taking needs based on expected PT's, get out and move the cash elsewhere.
Exit question for Dumb Lefty Mark: How was Tesla able to cut prices and still improve on margins?
LOL
Thanks for playing. Now go sit with Mutaman in the back.
In the chest of every Communist beats the heart of a secret King, who knows for certain that after The Revolution(tm) his true superiority will finally be recognized, and the high status he has always deserved will be his! (Finally! A chance to pay back the people in high school!!!
Communism is the religion of gammas, 3rd-tier 'intellectuals' who have never produced anything original, insightful, or useful—because they lack both talent and work-ethic—but metaphysically certain that they are such Very Smart Boys that they deserve power over everyone else.
The only thing they are actually good at is being disgustingly ruthless once they have the slightest bit of power over anyone.
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