Introverted Achiever I am not an Economist yet

Canada
Joined June 2009
Every time Musk negotiates a new package, people think it’s about greed. It’s not, it’s about leverage. He doesn’t want a paycheck; he wants permission to build at full throttle. $TSLA
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Replying to @garyseconomics
in my view, the root causes are credit growth and lack of economic opportunities for middle people. Credit growth debases the currency, pumps new money into the housing market faster than the pace at which new houses can be built. Offshoring of manufacturing, for example, has hurt economic opportunities for ordinary people. Places like China devalue their currency hard making them "cheaper". in my view, there is no such thing as "cheap labor". Certainly, some regulatory factors, unions, etc have an impact, but I believe that currency devaluation by "cheap labor" countries is the bigger culprit. If there was a real growth in economic opportunities for ordinary people, the rich would invest their wealth in it and fuel further growth. I am no economist, not yet a successful trader, so please tell me where I am wrong!
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Replying to @freshjiva
The argument that education alone can drive widespread EV adoption is unconvincing and overlooks human behavior. I’ve owned a Tesla for five years, and despite thoroughly educating my friends about its benefits, they remain unconvinced. This mirrors my experience with high-efficiency light bulbs: no amount of education persuaded my circle to switch because what they were already doing worked well enough, and they saw no compelling reason to change. LEDs only became ubiquitous after incandescent bulbs were banned, forcing the shift. Similarly, smartphones became essential when those without them could no longer keep up with societal communication norms, like texting or using apps. The historical shift from horses to cars, which occurred within a single decade (1907–1917), illustrates this pattern. Cars didn’t dominate because people were educated about their benefits; they became a must-have because horses couldn’t keep up with the pace of modern life—roads were redesigned for cars, and those who didn’t switch were left behind. Cost parity alone isn’t enough to drive mass adoption of a new technology. The new product must be something people can’t live without, offering a transformative advantage that makes the old way obsolete. For EVs, that transformative advantage lies in autonomous vehicles (AVs). The real game-changer isn’t lower emissions or fuel savings—it’s the ability to reclaim time, arrive home safely when tired or drunk, and eliminate the hassle of parking. These benefits make AVs a “can’t live without” product, much like cars were compared to horses. Short of banning internal combustion engine (ICE) vehicles, only this level of disruption will push EV adoption to a tipping point. Elon Musk is right to go all-in on autonomy; anything less is a distraction from the true driver of change. Education might help at the margins, but it’s not the catalyst—making EVs indispensable is.
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Excellent interview of @elonmusk on @larry_kudlow Elon, I stay with you. This is tough, but "When the Going Gets Tough, the Tough Get Going." Your mission is important. And you got our support.
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Elon Musk: “I think colleges are basically for fun and to prove you can do your chores, but they're not for learning – You don't need college to learn stuff – You can learn anything you want for free.”
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We need a new trading partner. This country is the one 👇
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Good day to remember just how big that green tree is
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Comments from small business owners on the GST/HST changes: "My partner and I were crunching numbers earlier this week, and in order to reprogram our ancient cash registers, it’s going to cost us nearly $2000."
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Eric retweeted
Farzad 🇺🇸 🇮🇷
@farzyness13 Nov 2024
Days happen in years, and suddenly, years happen in days.
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Eric retweeted
Elon Musk
@elonmusk6 Nov 2024
Let that sink in
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I am so glad Elon Musk bought twitter. It’s not the kindest place, but today it is the only place to find truth in real time.
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Replying to @engineers_feed
Engineering project timelines behave like a gas and expand to fill available space. You can shrink the available space as long as you can handle the increase in pressure. PV=nRT
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Last night wasn’t We, Robot It was We Reboot A 750bn market cap bets the farm on the next frontier, droids and robotaxis. Unheard of. Be skeptical - you’d be a fool not to be. But this the Musk way. Set the bar high, go for it, and achieve amazing things on the way $TSLA
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My book, Never Split The Difference, has over 40,000 reviews on Amazon. If you’ve read my book, retweet this. I want to see something….
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Eric retweeted
🤠
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VW Head of Development Ulrich Eichhorn at a press event: "If it were the other way around with the technologies, it would be hard to imagine an engineer successfully proposing that combustion engines replace electric cars. Imagine if that person said: 'Instead of having torque from the start like an electric car, it has to be ramped up first'" "And imagine if he then explained that it's a device where thousands of small explosions take place every minute due to the use of a toxic and highly flammable liquid that has to be stored inside the vehicle" Eichhorn also pointed out that the fuel for combustion engines comes almost exclusively from crisis regions. If a developer were to propose such a drive technology today, "what do you think his boss would say to him?"
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Replying to @farzyness
Also, Model 3 comes with a 5-star safety rating across all categories, ~2x the cargo space, better warranty & >$3k in fuel savings over 3 years. 2nd most American-made vehicle too (after Model Y) 🦅
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Andrew Huberman has my unequivocal support. He is about making the world a better place. I am grateful we are friends.
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Twitter banned me because they thought I was a bot, @X and @elonmusk reinstated me because I am.
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IFT-3 Analysis (1/12) Startup of all 33 Raptor engines and liftoff went flawlessly. B10/S28 flew downrange with no issues and executed a perfect hotstaging maneuver. B10 successfully completed the boostback burn, however it seems there were some minor issues with the engines...
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