Geek Life 3.0

Immersed in technology, coffee, music, news, hockey, really good books and really bad movies.

[nude gingrich @JarJarFan69]

Can't believe this turned out to be bullshit

[Dennis Goris | Cartoons @DennisGoris]

Have you been injured? #slushfund

[Elizabeth Warren @SenWarren]

Trump gets:

- $100M arch
- $1B ballroom fund
- A gold coin with his face on it
- A $1.8B slush fund for his MAGA buddies

Meanwhile, he's left Americans with higher grocery bills, higher health care costs, and higher gas prices.

[Dominik Hasek @hasek_dominik]

This man lies and lies and lies again. Just like his president @realDonaldTrump . Unfortunately, the USA has become an untrustworthy country that only the biggest criminals will want to cooperate with.

[Dominik Hasek @hasek_dominik]

This person, like most of those supporting the current US President Trump, are inveterate liars. And many of them are criminals.

[Senpai Sweetness Esq III @SenpaiSweetness]

@StrangerNews11 Known for his role as Bob? He didn't walk through mordor and the fires of Mount Doom to be simply known as Bob.

[Gator⚡Gum @gator_gum]

Joe Rogan, Post Malone, and Andrew Tate have all said they refuse to come to Canada.

Jordan Peterson also left.

Mark Carney has dramatically improved Canada!

[Andrew Coyne 🇺🇦🇮🇱🇬🇪🇲🇩 @acoyne]

Remember: they are on the same side now.

[Dominik Hasek @hasek_dominik]

Until this criminal is convicted for his terrible crimes,just like the fascists in Nuremberg in 1946,and until Russia assumes full responsibility for what it has done with its aggression in🇺🇦since 2014 (incl. the genocide of🇺🇦 children),there will never be lasting peace in Europe

[Geek Life 3.0 @Geekboydotca]

@namcios Not “including my computer”. Don’t use Chrome, don’t use any Google products. And this is exactly why. Buyer beware.

[Mykhailo Rohoza @MykhailoRohoza]

When Barack Obama entered the Hiroshima Peace Memorial Park on May 27, 2016 — becoming the first sitting U.S. president to visit the city destroyed by the United States in August 1945 — the world focused on his speech. Cameras showed the wreath at the cenotaph. Headlines rightly emphasized the weight of the moment. But almost no one noticed a short, quiet Japanese man standing among the official delegation.
His name was Shigeaki Mori. He was eight years old on the day of the atomic bombing. By 2016, he was the only person who knew the names of all twelve Americans who died in Hiroshima — U.S. prisoners of war whom America had never fully accounted for.
Mori spent forty years finding them. Not for money. Not by order. Simply because he believed the dead should have names.
He was born in Hiroshima on March 29, 1937. On the morning of August 6, 1945, he was crossing a small bridge about 2.5 kilometers from the epicenter. The blast threw him into the stream below. Decades later, he recalled:
“I climbed out and saw a woman stumbling toward me. Her body was covered in blood, her organs hanging out. Holding them, she asked where the hospital was. I cried and ran away.”
He was eight. And there were no hospitals left.
Mori survived. He grew up in postwar Japan, worked ordinary jobs — in a brokerage, later at a piano factory — but dreamed of becoming a historian. He never got a formal degree. So he became one on weekends.
In the 1970s, a professor showed him a document: a list of twelve American airmen shot down over Japan in 1945. They were crew members of two B-24 bombers — Lonesome Lady and Taloa — captured and held in Hiroshima, just 400 meters from where the bomb exploded.
They died from their own country’s bomb.
For decades, their story was barely acknowledged. Families were told only: “missing, presumed dead.” No details. No truth.
Mori decided to find it.
Without funding or institutional support, he spent decades reconstructing their fate — comparing archives, tracking records, even locating surviving crew members. One by one, he restored their identities.
Then he wrote letters.
In broken English, he contacted families across the U.S. — often seventy years too late — explaining what had happened to their sons, brothers, husbands.
In 2008, he published his research, which eventually led the U.S. government to officially acknowledge the deaths of the twelve American POWs in Hiroshima.
In 2016, a documentary introduced his story to a wider audience. During Obama’s visit, Mori was invited to attend. In his speech, Obama mentioned the victims — including “twelve Americans held in captivity.”
For the first time, a sitting U.S. president publicly acknowledged them on Japanese soil.
After the speech, Obama approached Mori — a small, elderly man who bowed politely. Then, unexpectedly, the president opened his arms.
They embraced.
The image went around the world.
In 2018, at age 79, Mori visited the United States for the first time. He attended memorial events, spoke publicly, and finally met some of the families he had written to for decades.
When asked why he devoted his life to Americans who died beside him, Mori answered:
“My work was not about people from an enemy country. It was about human beings.”
Shigeaki Mori died in Hiroshima on March 14, 2026. He was 88 years old.

[Andrew Coyne 🇺🇦🇮🇱🇬🇪🇲🇩 @acoyne]

Just an utter and unmitigated disaster. He has got himself into a mess, has no clue what to do, and wants the rest of the world to bail him out.
The sum total of the effort: not only $25 billion in costs and a depleted US missile arsenal, but the loss of US credibility and an Iranian regime that is more radical than ever, more entrenched than ever, and in some ways more powerful than ever, having possession of not just all of their nuclear material, but also the Strait of Hormuz. Hard to think of a more complete catastrophe.

https://t.co/PsMsKIKfzo

https://t.co/gRiPZvTlwI

[George Noble @gnoble79]

Last night was the biggest disaster in the history of Tesla.

Let me walk you through what actually happened on that earnings call, because the headlines are doing you a disservice:

Elon Musk got on the call and admitted (his words) that Hardware 3 "simply does not have the capability to achieve unsupervised FSD."

He said he wished it were otherwise. He said the memory bandwidth is one-eighth of what Hardware 4 has. And that's the end of the conversation.

Approximately 4 million Tesla vehicles on the road right now have Hardware 3. Many of those owners paid $8,000 to $15,000 for Full Self-Driving capability based on Musk's repeated promises (going back to 2016) that the hardware was sufficient for full autonomy. As recently as 2022, Musk was publicly assuring owners that HW3 had the processing power to get it done.

BUT IT DIDN'T

Those promises are now officially broken.

The solution is a "discounted trade-in" toward a new car with Hardware 4.

Not a refund or a free upgrade...
A discount on buying ANOTHER Tesla.

Investor Ross Gerber said it too - all HW3 owners got screwed, and with roughly 285,000 FSD purchasers affected, the potential liability runs into the BILLIONS.

But that's not even the worst part.

Musk was asked if the current FSD v14.3 was ready for unsupervised deployment. He said yes. Then immediately walked it back and admitted Tesla has "major architectural improvements" in the pipeline that would significantly improve safety.

What he really means: the software isn't SAFE ENOUGH to deploy without a human watching. Full unsupervised FSD for consumer cars is pushed to Q4 2026. At the earliest... Maybe.

How many times has this deadline been pushed? I've lost count. And trust me, I've seen a lot of broken promises. But this one takes the cake.

Now let's talk about the numbers everyone is celebrating:

Tesla reported $22.4 billion in revenue and $0.41 in non-GAAP earnings. A "double beat." The stock popped 4% after hours. Victory, right?

WRONG

Dig into the actual filing:

The number one driver of operating income improvement wasn't cost reductions, wasn't volume growth, wasn't FSD revenue. It was - and Tesla listed this FIRST in their own shareholder letter - "one-time benefits related to warranty and tariffs."

They released warranty reserves. They booked tariff refund windfalls. They stretched supplier payments by 10 days. They took on billions in new debt. Then they presented everything through non-GAAP metrics that strip out over $1 billion in stock-based compensation.

GAAP net income was $477 million on $22.4 billion in revenue. That's a 2.1% net margin. On a $1.4 trillion market cap.

Let me put that in perspective:

3.75 billion shares outstanding. Annualize the Q1 GAAP profit and you get roughly $1.9 billion. That's a trailing P/E ratio north of 700. Use the adjusted number - strip out stock comp, which is a REAL cost to shareholders through dilution - and you're still at around 250x earnings.

All of this is extremely bad, but I didn't even talk about the CAPEX BOMB yet...

3 months ago, Tesla guided to "over $20 billion" in 2026 capital expenditure. Last night they raised it to over $25 billion. A $5 billion increase in a single quarter. That's 3x their historical annual capex run rate - $8.5 billion in 2025, $11.3 billion in 2024. The CFO confirmed on the call that Tesla expects NEGATIVE free cash flow for the rest of the year.

So you have a company generating roughly $6 billion in annual free cash flow on a good year, and they're about to spend $25 billion.

The math doesn't work.

They will almost certainly need to issue equity. Which means dilution. Which means the $1.9 billion in annual earnings gets spread across even MORE shares.

The core auto business is literally deteriorating in real time:

Tesla delivered 358,000 vehicles in Q1 (missed estimates again).

They produced 408,000. That's 50,000 cars sitting on lots that nobody bought.

Inventory days jumped from 10 to 27 in just a few quarters. California (their most important US market) saw registrations crash 24% year over year.

Their market share in the state fell from 9.2% to 7.7%. That's on top of a Q1 2025 that was ALREADY weak from Model Y retooling. They're declining off a decline.

And here's what really kills the bull case...

The entire valuation rests on robotaxis, Optimus robots, and autonomy. So let's put numbers on it:

Waymo - the actual leader in autonomous driving with 15 million completed rides in 2025 alone, over 127 million autonomous miles driven, operating commercially across 6 US cities with plans to expand to 20 more - just raised $16 billion at a $126 billion valuation.

That's the market's verdict on what the LEADING robotaxi company is worth. $126 billion.

And Waymo is YEARS ahead of Tesla in actual deployment.

Tesla has 3.75 billion shares outstanding. So even if you assign $126 billion in robotaxi value (giving Tesla full credit for matching Waymo despite being nowhere close) that's $33 a share. Add the auto business at generous auto-industry multiples, maybe $20 a share. Throw in energy storage and services, $10-15.

Sum of the parts gets you to roughly $65-70 a share if you're feeling generous. Maybe $50 if you're not.

The stock is $387.

So what exactly are you paying for?

You're paying for a STORY. You're paying for PROMISES that keep getting pushed back, technology that keeps falling short, and a business plan that requires spending $25 billion a year while the core product sells fewer units at declining margins in a market where California sales just fell 24% and the federal EV tax credit is gone.

I managed the number one mutual fund in America. I founded two billion-dollar hedge funds. I've been doing this since 1981.

And I am telling you:

Tesla at $387 is one of the most egregious mispricings I have seen in my entire career.

THE CRASH WILL BE EPIC

[Jamie Bonkiewicz @JamieBonkiewicz]

Hegseth is blaming Biden for military vaccine mandates.

The flu shot’s been required since 1945.

Joe Biden was 2.

[Bill Madden @maddenifico]

It was true when Frank Zappa said it, and it's true today. 🎯🎯🎯👇

[Laura Babcock 🇨🇦 @LauraBabcock]

This is my new fave thing - can’t wait to laugh about it on tonight’s OShow Scandal Panel 🤣🤣

[Aaron Rupar @atrupar]

LUTNICK: It is outrageous that Canada will not put US spirits on the shelf. It is insulting and disrespectful to America

SHAHEEN: They won't do it because of the insults from this president and comments like yours

[Geek Life 3.0 @Geekboydotca]

Hey @supercell - did you know your Boom Beach update today booted all Gamecentre players out of their own task forces? You need to fix that. Now.

[The Lincoln Project @ProjectLincoln]

Melania didn't defended you once @realDonaldTrump in that statement. Only herself.

[Geek Life 3.0 @Geekboydotca]

@TheRickWilson @IAmPoliticsGirl This is only true if you actively choose surveillance via your choice of phone or browser. Why are you wasting time trying to protect gullible people from their own stupid choices?