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Well, Elon Musk is back at it again. You've got a lot to uncover in this one in terms of what stocks could be benefiting from, What Elon Musk is up to, How you might be able to actually invest with Elon Musk And what the hell is Elon doing again? Because on one side you've got especially the Democrat side. And remember, my goal is to be neutral here. provide both sides.
On one side, you got the Democrats going. Hey man, you signed and helped lead a letter saying no, no, no, no, we need to pause AI development for six months. Keep in mind when I heard about that letter, I made a video and I tweeted that that is just literally stupid because all it's going to do is create a prisoner's dilemma and the people who choose not to pause will end up winning. The people who pause lose.
It's very simple, that's that's Humanity Well it turns out that Elon Musk around the same time as he was signing the letter created a company called X Dot A I and he is apparently trying to start an AI startup specifically focused on AI that is separate from the AI you have over a Tesla and so Democrats are like there he is being a hypocrite again and Republicans are people who lean more right? Or maybe you're more in favor of Elon Musk You're like dude, no, like this is a hedge, like he can sign the letter and then if everybody agrees, he could also agree. but if he doesn't agree or like if everybody else doesn't agree, then at least he's hedged and can actually get into the race. And you know I mean that one sounds pretty logical. but I I guess it depends.
Do you like Elon you believe the logical one you don't like Elon You say the other one you know just like for example, there was a another little hit piece from MSNBC uh and uh. You basically had a one of the Um anchors suggesting hey, you know Elon Musk could basically control political outcomes by turning the dial on what kind of media coverage we get. You know, we could get less Democrat coverage and Elon Musk that is brilliant reply to it. And this is not me trying to chill elonge.
It was just a fair reply. He replied to that tweet it said, you know that's exactly what the prior Administration did to Republicans Now he's right about that. Now do we know that with certainty those kind of shenanigans won't happen in the future? No, of course not. There's no way to know that with certainty.
If you like Elon you think it's all going to be free, transparent and clear and free of that sort of dial tuning. Tuning Dial tuning. Uh, and if you're if you're a Democrat you think it's definitely not I Mean that's just the way it is. You like Elon or you don't right? But what is this new company that now he's talking about? What is this? X dot? A? I? What could this possibly be? Well, what it is is Elon's potential AI division as part of his Everything app.
Remember that Elon Musk actually just changed the name of Twitter Uh, the corporation is now going to be called X Corp and that is what Twitter is now called X-corp and the parent company is called X Holdings and as part of X Holdings now Elon Musk has filed for X dot A I and it appears based on interviews that the Financial Times has conducted that Elon Musk is looking to raise money uh, up to Uh to sell up to about 100 000 shares I believe it was or was 100. It doesn't really matter. Uh, somewhere around a certain number of shares they want to sell to investors uh to to help Elon fund his AI startup. Now they are privately going to larger whales like Space Ax and Tesla investors and Elon Musk is starting this company separately from Tesla which is leaving a lot of Tesla Bulls wanting to rip their hair out suggesting what the hell you said Tesla was the AI company. Now you're creating a separate AI company. When is Tesla going to get its CEO back? Tesla now has to has to deal with Elon playing with Twitter and dealing with Xai what's going on and I've been getting a lot of messages on this and while I think the the concerns are valid I don't think that Elon starting a separate AI company is actually net negative to Tesla Yes, Elon's going to be more distracted, but let me put it this way: I Honestly think that in some extent and I'm not trying to compare myself to Elon but I think to some extent Elon is is very much going to be distracted and and uh, interested in new things all the time. Anyway, whether it's xai or something else, it's going to be something I find I do that as well like I'm really gung-ho I could get a lot done for my YouTube channel for my real estate startup and then I want to go do something else and then I go back And that keeps me excited about regularly working on the different projects. So I Personally do not think the lack of of Elon necessarily being in the factory every day is a net negative to Tesla I Don't believe that in some cases I think insiders might actually say it's a debt positive.
like let the company operate. damn it. you know, get the boss away from over our shoulders. Now there are some arguments that people are making that, but wait a minute.
AI was supposed to be part of Tesla No full self driving was supposed to be part of Tesla The dojo supercomputer is part of Tesla and the dojo supercomputer is still part of Tesla Now some people say but dojo was supposed to be the AI basis for all these other AI projects. That could happen true and it still can be. In fact, it is entirely possible because Tesla created the Dojo supercomputer, it could potentially lease its super power technology or or or sell you know, some of its assets I would hope some kind of lease. So that way there's some kind of residual revenue for Tesla.
Uh, there is a way to basically monetize the research and r d that has been done at Tesla for the benefit of Xai, which then also benefits Tesla without distracting Tesla Engineers from what we should really be focused on which is full self-driving So let Tesla be what it is. What's going to be the best and biggest car company in the world with the best margins in the world, the best factories in the world, the robotics, uh, the Optimus robot. uh and and the dojo let that operate the way it is and let Elon play is is artificial intelligence game. Now if you think back to one year ago, maybe about May One of the things that I regularly talked about is Elon's purchasing of Twitter actually and potentially allows him to create a verbal neural net like a language-based neural net. It's going to be a little pisser and a jerk and really cynical because if you base any neural net off Twitter it's going to be an but. but. But One of the things we talked about is oh, this is interesting. If he buys Twitter he could maybe create some kind of verbal artificial intelligence which you could then use in the Optimus so you could actually go both ways right? You could say yeah, maybe the AI company starts leasing compute power from dojo and some of the research from Dojo but then vice versa that could go back into Optimus.
So I don't really see this as such a negative thing here. I'll tell you what I think is the biggest beneficiary and then investing with Elon Musk How that works. So the biggest beneficiary in my opinion is actually Nvidia Oh yeah, that's also one of the big Holdings uh that I personally am exposed to. There are a lot of ETFs uh that have Nvidia in it I'm a big fan of it I think it has a lot of pricing power Twitter apparently has been buying 10 000 plus Nvidia gpus.
Not only that, but Elon Musk says uh I said in an interview it seems like every it was a Twitter spaces quote. It seems like everyone and their dog is buying Gpus at this point. Twitter and Tesla are certainly buying Gpus and it would be assumed that after this Xai gets started that there will be a lot of Chip buying as well. So I'm a massive fan of not trying to be part of this crazy AI gold rush.
I'm a big fan of selling the pickaxes. Look, you all go kill each other with your AI whatever ma'am I Just want to sell you chips. so what am I going to do? I'm gonna go down the stack I'm gonna go where the stimulus money is because guess where there's no stimulus money in AI But guess where there is stimulus money, Chips and energy. What do you need for AI Chips and energy Nvidia AMD Asml to manufacture the machines that make the the chips? Uh, the Fabs your Intel super undervalued.
What the potential that Intel might be able to pull off with its Fabs that it's creating thanks to stimulus dollars Tsmc uh AMD and yeah, look I'm talking my book here. but it's because I believe it like I'm not gonna go try to speculate on random AI startups. The barriers to entry are like zero dude. anybody can download the API for chat GPT and boom you get started with your AI startup.
So uh anyway. look uh, my belief is uh, this. this is not a net negative for Tesla wax. Now when it comes to investing with Elon Musk the odds are you're not going to uh I'm just being blunt about that. If that upsets you, you can get life insurance in as little as five minutes. We got a paid promotion up here. You can even get short form to read about business books so you could learn about how the rich people do it. Uh, short form has super powered book summaries their sponsor here in the channel.
Just go to shortform.com meet Kevin and I negotiate at a higher discount at Uh 25 which is pretty awesome. So check that out. link down below. Okay So for investing with Elon Musk you really? basically you have to a have a lot of money so you have to be an accredited investor.
In some cases you have to be a qualified investor and you have to be part of the network. so you probably would have already had to ban an early Tesla investor an early um uh, SpaceX investor or know somebody who is an asset manager that has billions of dollars under management. For example, like a Ross uh who has connections with the investing fund round leaders inside Tesla And the reason they do that is because when you have a private holding and people come to you, you don't have to go through the crap with the SEC which In Fairness is is fair game. if you want to solicit to everyone, it's fair that you have to go through the SEC I'm not trying to bag on the SEC here so far.
I like the SEC um knock on wood but anyway, like when I did my house hack uh reg D for accredited investors for me to do that here on YouTube I had to put a filing together and get that filed with the SEC For us to do a reggae we have to put a filing together and go through the SEC which we're in the midst of. Everything takes longer than you expect. Uh, but that's that's if you want to advertise to everyone, there's no way in hell Elon I think is going to go through that because he can get enough money from his private circles so there's no ticker symbol. there's nothing to invest.
stand. it's just. here are the ideas that Elon Musk is up to. and if you're interested, then pay attention and subscribe to the channel.
So that gives me or gives you rather my opinion on what's going on with: Uh Elon uh, what's going on with this new Xei company? Uh, and uh yeah, that's um, it's very interesting, you know. uh AI platform next to you know, some kind of competitor to chat GPT You know he used to be a co-founder at Openai left due to disagreements over AI safety. Pretty wild. This is going to be pretty interesting to see how things develop, but I'm a big fan of.
Uh, we have a lot of um, uh, did I press the wrong button? I may press the wrong button, let me press it again. There we go. I'm a big fan of believing that, uh, the sum of, uh, all the parts all these AI projects is, uh, greater than the individual pieces alone. In other words, this is not a zero-sum game. This isn't if if Elon spent some time on an AI project, Tesla's gonna lose. Don't think that way. there's This is an opera. There's so much opportunity in this world you gotta have an abundance mindset and go optimistic on this.
All right. Don't sue me bro. Foreign.
He had a chance to be a part of ChatGPT. He was stupid and now is full of FOMO. Which Company other than TESLA has Elon profited from? Not sure if Space X is profitable. You also have Neural net, Twitter, his Solar company and now his new AI. Hes spreading himself thin. He also seems to be a control freak and cannot allow these companies to be managed by anyone else.
Nobody cares what Ross thinks about what Elon should do. Elon has an amazing track record.
Kevin I already commented on your video months ago saying I believe Elon is using Twitter as an exchange to follow his original purpose for pay pal. He is going to merge AI with crypto currencies. If AI ran the currency where it can never be screwed there could be an Ultimate stable currency that never collapsed.
Its just twitter with a diff name
This is sad! The fact we can't invest on these companies early like that! They are easy 'go to 0 or 100x' your money!
The problem is not Elon as CEO of Tesla or Twitter, the problem is his big mouth lol
Doesn't need to be muted. Much of the company is his way of doing things. But if he speaks 50% less things would be better for everyone, including himself!
Why not invest in AI inside Tesla and outsource the service to Twitter? Wouldn't this way be cheaper for Twitter and better for Tesla?
I can’t wait for WW4 to happen because of AI of some camel jockey in the Middle East pretending to be our sleepy ass President saying we are going to war with anyone who backs Russia
Do you think that’s why his brother sold shares so he could fund this start up instead of Elon selling shares because that would feel much worse
He knows Fisker is going to eat his lunch when the car is approved so he's shifting his strategy.
I lost $255k on the market collapse of 2021-22.
I did recover about $30K this year so far.
Just thought to drop this here, for those feeling bad about their stocks being down.
If only I could live 85 years more to max out those meager $3000 tax breaks.
Looking forward to recovering maybe 10% (if lucky) of my loses in the next 5 years.
Your new venture should be sleep
Lmao yall thinking you van second guess Musk!!! He literally bought Twitter due to its file size, so to speak. He has always been a proponent for AI, and Twitter just gave him so much info to run through LLM and create his own AI. But you people of limited intellect actually think you're as smart as Musk, lmao!!!
I mean, it can't cost particularly much to start an AI company. You can get the talent just because you're Musk. I mean, yeah it'll cost a lot, but not given how much Musk is worth. A billion bucks could get a hell of an AI company going.
I don't think Elon starting a new AI company to try and keep values more central while asking for the 6 months of waiting is that big of a deal. It takes a little while to get meaningful progress into a new company, and they are already quite far behind. The tech they asked to pause is in like phase 7, constantly accelerating without concern. While Elon's new company is at what, phase 0?
Elon is getting ready for the AI/Rebotic wars!
Elon has mentioned many times that AI is not a good thing, and he thinks it’s dangerous, meaning his new company will be way behind everyone else’s because he won’t want to take risks with the learning techniques the devs create
The most important say question now is are you selling Tesla stock to finance your ai Start Up.
Optimus is going to need more AI than spatial awareness
Michael Edward saying aye ohhhh in the ads is like hearing someone scratch a chalkboard.
Smart to separate tesla and an AI company as AI could have laws placed on jt or go south down the road and having that attached to tesla could hurt the company more then help
Why is it all u post is bullshit fear that means nothing. Ur worse than Peter schiff
So Elon is starting a new company but refuses to pay the rent for Twitter corporate and Twitter still isn’t profitable, still hasn’t started production of the Cybertruck, Roadster and SemiTruck and no word after saying there would be a $25,000 Tesla and now wants to start an AI company where there is already major competition that is already far advanced. Elon has a full and overflowing plate.
XAI will be ten times the size of Tesla in market cap as soon as there is an ipo
Musk has been working on all of these aspects for years with several teams. AI is balls out everywhere. X. AI is not knew, it is the pay program in lieu of Twitter pay. Changing the name is a good idea, as Twitter has been drug through the mud by the democrats. A fresh start is a good idea. None of this takes away from AI work at Tesla or SpaceX. Twitter is merged into XAI to accommodate all the aspects of We chat into XAI
Sorry you’re level of ai knowledge is far low than Elon . He establishes x ai to fight with uncontrollable ai development to save human future and you just full of money initiated
Elon only need to slow AI so he can catch up…Cos he is a stinky dude
LOL Kevin… everytime you bet against Elon the stock goes up. It’s as if you have Jim Kramer disease
Nothing negates the fact software upgrades are pure margin for the company. I wouldnt bet against it unless theres a huge swing in energy infrastructure