Elon Musk Talks Stock Market, Tesla and the future - podcast episode cover

Elon Musk Talks Stock Market, Tesla and the future

Mar 23, 20258 min
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Elon Musk Talks Stock Market, Tesla and the future

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Hey everybody. Welcome back to the Elon Musk Podcast. This is a show where we discuss the critical crossroads, The Shape, SpaceX, Tesla X, The Boring Company, and Neurolink. And I'm your host, Will Walden. If you want uninterrupted episodes of the Elon Musk Podcast, please go to clubelon.supercast.com to find out how. There's a link in the show notes. What advice would you give a young person like getting into the stock market?

Like, oh, stock advice. Wow. Yes, Sir, yes, Sir. As as I, as I think people can, can perhaps tell who are watching this, these, these, these questions are not prepared in advance. This is literally random questions from the crowd, which is cool. I actually, I'm fine with that. And, and I think the it's going to sound very, very straightforward, but you want to really buy stock in companies where you think the the products that that company makes will be

better in the future. Like, like are they, is that company going to make more and better products or like, do you love the products that that company makes? And are they going to keep doing that? And, and like, I think Tesla, as I've just gone through Tesla's going to is, has made, has a track record of having made many great products and we're going to make many more future grade products and we're going to scale up production. And I think we've demonstrated a level of innovation that is

extremely rare. I mean, certainly by far the most innovative company in the car industry, like not even close to everything. So you know, like I do think Tesla stock actually long, I think long term with Optimus and self driving, Tesla will probably be the most valuable company in the world. But there are also other companies out there that make great products and services.

So I think that's the way you want to look at it, say like is, do you do you think this product, because that's the reason why companies exist is to make great products and services. So if you think that the company is going to improve over time, then buy the stock. And if you don't, then don't. And then the stock market is, is

it's a very strange thing. It's kind of like, you know, I think it was Warren Buffett's sort of metaphor analogy is, you know, stock markets like having someone stand at the edge of your property or your house and, and yell prices about to, to buy, buy or sell your house every day.

And like, sometimes they take their meds and sometimes they don't, you know, so sometimes the person yelling at the price of your house is having a good day or, and sometimes having a bad day, but it's still the same house. You're like, I'm like literally still the same house. Like, you know, so Tesla stock goes up and it goes down, but actually it's still the same company. It's just people's perception of the future.

I don't know, I guess it's just very emotional, you know, So, but for me, like, while it's difficult to predict how things will be from, you know, in the next day, 6 to 12 months, if you say like where will things be in three years or five years? The future of Tesla is incredibly bright. I think what, what we'll find with the robots is that the there'll be a ratio of people to robots. So you'll effectively end up having managing a group of

robots. So you know, you'll have like basically, I don't know, your flock or your little group of robots that you take care of and and you tell them what to do. And I don't know, you'll have to look at a pack of robots basically. Yeah, you're promoted to manager. One way to think of it. And I think the same thing will be true of cars.

Like, so for the self driving cars is, is that people that are say, you know, Uber drivers today or, or something like that, or taxi drivers today will end up managing a fleet of, of cars and, and that'll be a much more effective use of that time, you know, just taking care of like 1020 cars or however many they can take care of. Yeah. I mean, I'd love, I'd actually love to make airplanes especially, but stretched pretty thin. So I've like 17 jobs at this point.

I just go to sleep work, go to sleep for the work, and then do that seven days a week pretty much. People say, like, where do you go on vacation? I'm like, what's that, You know? But I guess I like being productive. I like getting things done. So I guess I could choose to be like on an island somewhere, some bit of Mai Tai, you know, with the attractive people in bikinis and stuff. Why wait? Why am I not doing that? What?

What a fool I've been. So yeah, I've actually thought about aircraft designs for a long time. And I think there's an interesting opportunity to make, like, an electric supersonic VTOL jet. You know, the Vtol's like cherry on the cake, but certainly electric, electric, long range, fast electric airplane would be very cool. You know, maybe at some point we'll do that. Yeah, that'd be kind of fun. We do have the ingredients for it. So. And then there is the potential

for. Yeah, we're like thinking like pretty far into the future here of not a not a conventional train, but that sort of Hyperloop essentially vacuum tunnels, like tunnels where you draw a vacuum so there's no air resistance and you have very high speed autonomous electric pods in a vacuum tube vacuum tunnel that would allow you to go from city center to city center much faster than any airplane could possibly go. Because going into the into the

an underground vacuum tunnel would it'd be like teleporting to super high altitude effectively, which no plane could do. And then it could deliver you right to the center of a city. And that I don't know, maybe that's some future collaboration with warring company and Tesla. I got a million ideas. The ideas are I have more ideas than I know what to do with. Ideas are kind of the easy part. Execution is the hard part. As they say, it's 1%

inspiration, 99% perspiration. Hey, thank you so much for listening today. I really do appreciate your support. If you could take a second and hit this subscribe or the follow button on whatever podcast platform that you're listening on right now, I greatly appreciate it. It helps out the show tremendously and you'll never miss an episode. And each episode is about 10 minutes or less to get you

caught up quickly. And please, if you want to support the show even more, go to patreon.com/stagezero and please take care of yourselves and each other and I'll see you tomorrow.

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