Musk wants electricity capacity built "as fast as possible." The catch: the fastest way to build it is Chinese solar panels and Chinese batteries. Speed runs through China.
Elon Musk: "I actually can’t emphasize enough, we need more electricity.
However much electricity you think you need is more than that is needed.
I assure you, If you’re thinking 'Should I build this incremental production capacity of electricity?', yes. Definitely. As fast as possible."
BREAKING: 🇨🇳🇺🇸 China Just Crossed 1,000 Gigawatts of Solar Power - The largest amount any country has ever installed
Equal to the entire electricity capacity of the United States
🚨 BREAKING: ABSOLUTE BLOODBATH!!
🇨🇳 OVER ¥2,500,000,000,000.00 HAS BEEN WIPED OUT OF THE CHINESE STOCK MARKET IN JUST 15 MINUTES.
CHINA IS NOW AGGRESSIVELY DUMPING ALL U.S. TREASURIES IN A DESPERATE ATTEMPT TO STOP THE COLLAPSE.
THIS IS NOT LOOKING GOOD FOR GLOBAL MARKETS…
"The real macro problem" — US 10Y at a 19-year high, Japan at a 30-year high. All the world's governments borrowing at decade-highs at once is not a coincidence, it's a regime change.
Nobody is talking about this.
The world is now borrowing money at the highest rates in DECADES.
🇺🇸 US 10Y: ~5.20%
Highest since 2007
🇬🇧 UK 10Y: ~5.40%
Highest since the 2007
🇯🇵 Japan 10Y: ~3.09%
Highest since 1996
🇫🇷 France 10Y: ~4.72%
Highest since 2008
🇩🇪 Germany 10Y: ~3.62%
Highest since 2009
🇦🇺 Australia 10Y: ~5.42%
Highest since 2011
🇨🇦 Canada 10Y: ~3.93%
Near multi-year highs
🇮🇹 Italy 10Y: ~4.56%
Near its highest levels since late 2023
🇰🇷 South Korea 10Y: ~4.54%
Rising with global bond pressure
This is the real macro problem.
At one time the U.S. was a low debt, low interest rate economy. We then became a low debt, high interest rate economy. After that we got lucky and became a high debt, low interest rate economy. Our luck just ran out. Get ready for our new high debt, high interest rate economy.
US Treasuries are lagging equities by a historic margin:
S&P 500 futures have outperformed 10Y Treasury note futures by +23.3 percentage points over the last 6 months, the largest outperformance since 2021.
This also marks the 6th-largest underperformance of 10Y Note futures this century.
This comes as S&P 500 futures have risen +17.6% over this period, trading near their all-time high.
At the same time, 10Y Note futures have declined -5.7%, to their lowest level since June 2007.
To put this into perspective, 10Y Note futures outperformed S&P 500 futures by as much as +40.3 percentage points during the 6-month period in the 2008 Financial Crisis.
Stocks and Treasuries are diverging at a historic pace.
Grok 4.7 feels noticeably snappier than 4.6. Same 500k context, but the long-tail latency is way down — long answers just stream now instead of stuttering. Whatever xAI did under the hood, it worked
Google just ruined OpenAI's dev day lmao
Gemini 4 Pro leaks absolutely dominates both Anthropic and OpenAI
This means Fable 5.5 and GPT 6.1 has to price match Gemini 4 Pro now IPO DELAYED 🤣