Eike B.

Natural Born Skeptic

[Eike B. @TSLA_Q]

Tesla Model S Plaid+ with 4680 Battery $TSLA

[Eike B. @TSLA_Q]

@JCOviedo6 imagine ‚if one element of the pyramid . . . falters.‘

[Sergiu Mogan @sergiumogan]

Just before RDW started their one-hour presentation to inform all EU countries of their FSD test results, I had the opportunity to interview Jürg Röthlisberger, director of ASTRA in Switzerland 🇨🇭
Here is what he said about @Tesla #FSD. Full interview will follow here or on YT.

[George Noble @gnoble79]

Elon Musk is the Ivar Kreuger of our time, and the OpenAI trial is PROVING it in real time.

If you don't know who Kreuger was, you should:

In the 1920s he was the most admired businessman in the world. The "Match King."

He controlled 90% of global match production, lent money to sovereign governments, and his securities were the most widely held in America.

But after his death in 1932, auditors spent 5 years untangling over 400 subsidiary companies and discovered the whole thing was held together with fictitious assets, forged bonds, and the unquestioning loyalty of people too dazzled to ask questions.

Investors lost $750 million (~$17 billion in today's money). His deficits exceeded Sweden's national debt.

Doesn't this sound familiar?

The Musk playbook is the most DANGEROUS house of cards I've witnessed in my career.

This week in federal court, Musk took the stand to argue that Sam Altman stole a charity. 3 days later he'd contradicted himself under oath so many times that the judge told his lawyers she suspected plenty of people don't want to put the future of humanity in Mr. Musk's hands.

OpenAI's attorney asked if Tesla is pursuing AGI. Musk said no. The attorney then pulled up Musk's OWN post from March 4 where he wrote Tesla will be one of the companies to make AGI.

His own words entered into evidence against him. BY HIM.

Then the attorney asked if xAI used OpenAI's models to train Grok (which violates OpenAI's terms of service).

Musk called it a general practice among AI companies. Pressed for a direct answer, he said "partly."

Think about that: Musk is in court accusing OpenAI of betrayal while admitting under oath that xAI violated the very same company's terms of service to build Grok.

Then came the credibility test:

Musk was asked to name his companies that benefit society. He listed Tesla, SpaceX, Neuralink, and X without hesitation. Every one of them is an uncapped for-profit enterprise.

Then why did xAI start as a benefit corporation and quietly flip to a for-profit C-corp? No clean answer.

This is someone who repeatedly launches entities with noble-sounding charters and converts them into for-profit corporations once the money gets serious.

Then his money manager Jared Birchall took the stand:

OpenAI's lawyer asked about the donor-advised funds at Vanguard and Fidelity that Musk used to send his $38 million. Did Musk have any legal right to direct where the money went once it entered the DAF?

Birchall couldn't answer. Said the legal question was beyond his expertise.

The entire lawsuit hinges on that donation creating enforceable obligations. But the man who managed Musk's money just told a federal jury he can't confirm Musk had any enforceable claim over those funds.

Now step back...

This is a man who promised full autonomy by 2018, a million robotaxis by 2020, and unsupervised FSD by June 2025.

EVERY deadline was missed.

He claimed he invested $100 million in OpenAI. The real number was $38 million. His defense? His "reputation" made up the difference.

Kreuger had 400 subsidiaries and used one entity to prop up another through structures nobody could follow. Musk has Tesla, SpaceX, xAI, Neuralink, the Boring Company, and X.

He shifts AI talent from Tesla to xAI, has xAI building the brains for Tesla's Optimus robot, and uses X as a megaphone while the algorithm amplifies his narrative to 200 million followers.

Kreuger's investors trusted the man, NOT the math.

They loved the confidence. They stopped asking questions because the aura of genius made questioning feel foolish.

The same psychology applies to Musk's empire today.

Kreuger's reckoning took 5 years of forensic auditing after his death. But Musk is providing his in REAL TIME: contradicting his own posts under oath, admitting to the practices he's suing others for, watching his logic collapse under cross-examination.

Different decade.
Different industry.
Same ending.

The truth always catches up.

[Eike B. @TSLA_Q]

@robinivski exponential ramp, as always, whatever products

[Eike B. @TSLA_Q]

10 years ago!
‚All Tesla vehicles being produced now have full self-driving hardware‘

$TSLA

https://t.co/NVlzZxBLa4

[Eike B. @TSLA_Q]

could not even build a tunnel in LA, announced 8 years ago, but makes bigger promises… https://t.co/HRY67kEwy9

[Elon Musk @elonmusk]

The @BoringCompany could build a Hyperloop tunnel from downtown SF to downtown LA for <5% of this cost and it would be a technological marvel exceeding any high speed rail on Earth

[Eike B. @TSLA_Q]

@JCOviedo6 subsidy truffle hound taking a break?

[Eike B. @TSLA_Q]

@mmomboisse remember 'I Know More About Manufacturing Than Anyone Alive'?

[Eike B. @TSLA_Q]

@BradMunchen and this guys‘ been accused of being a pedo by an actual pedo

[Eike B. @TSLA_Q]

@GS_CapSF @BradMunchen if one element of the pyramid… falters

[Eike B. @TSLA_Q]

if one element of the pyramid…falters

[Ed Ludlow @EdLudlow]

NEWS: SpaceX has considered a potential merger with Tesla, as well as an alternative combination with xAI.

Investors have pushed the Tesla option.
Nothing final.

Report @TheTerminal with @DNair5 @kielporter @lorengrush

[Eike B. @TSLA_Q]

@kakashiii111 @BradMunchen I‘ve seen such an obsession before: Tesla

[Eike B. @TSLA_Q]

@thequeenbeetle @BradMunchen „it‘s on full Autopilot right now. I‘m not touching anything. no hands. no feet. nothing.“ from 2014

[Eike B. @TSLA_Q]

yeah, a ‚No-Brainer’ just like Tesla‘s offer to bailout SolarCity

[*Walter Bloomberg @DeItaone]

ELON MUSK SAYS BUILDING AI SOLAR DATA CENTERS IN SPACE IS 'NO-BRAINER'

[Eike B. @TSLA_Q]

Policemen trapped in their Tesla Police Car - slapstick arrest

[Eike B. @TSLA_Q]

@ShortingIsFun @BradMunchen is it the right time for your ‚girl in shopping cart‘ gif?

[Eike B. @TSLA_Q]

@ShortingIsFun call options will fix this (sales plunge)

[Eike B. @TSLA_Q]

@Danstringer74 his name‘s spelled Wadefool in German 🤷🏼‍♂️

[Eike B. @TSLA_Q]

@TSLAQrabbithole @ShortingIsFun ‚We’re working on increasing dynamic air suspension travel for better off-roading. Needs to kick butt in Baja.‘

clown builds clown cars 🤷🏼‍♂️

[Eike B. @TSLA_Q]

Hyperloop
Robotaxis
Optimus

… all BS.

$TSLA

[Elon Musk @elonmusk]

@MissTrade Already started DC to NY route.
Hopefully start LA to SF next year. That will be true @Hyperloop w pressurized pods in near vacuum tunnels & faster than jetliner.