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How Elon Backlash is Creating Problems for Tesla | Pivot

February 28, 2025 / 58:55

This episode of Pivot covers topics including Jeff Bezos's changes at the Washington Post, Tesla's declining sales, and Nvidia's earnings report. Hosts Cara Swisher and Scott Galloway discuss the implications of Bezos's new editorial direction, the challenges faced by Tesla due to Elon Musk's controversies, and Nvidia's impressive financial results.

Scott Galloway expresses disappointment in Jeff Bezos's decision to limit opposing viewpoints in the Washington Post's opinion section, highlighting concerns about the potential for biased journalism. He critiques the move as a shift towards a propaganda arm for Bezos.

The conversation shifts to Tesla, where Galloway notes a significant drop in sales and stock value, attributing it to Musk's polarizing actions and increasing competition in the EV market. Swisher and Galloway discuss the public's changing perception of Tesla and its products.

Finally, they analyze Nvidia's latest earnings report, which exceeded expectations, and discuss the broader implications for the tech industry. Galloway suggests that Nvidia's success may not be sustainable in the long run, as competition increases.

The episode concludes with predictions about the future of Doge and the potential impact of Musk's actions on Tesla and Starlink.

TL;DR

Cara Swisher and Scott Galloway discuss Bezos's Washington Post changes, Tesla's sales decline, and Nvidia's strong earnings report.

Video

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I don't want to hear about your erections can you move along
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please hi everyone this is Pivot from New York Magazine and the VOX media podcast Network I'm Cara swisher and I'm
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Scott Galloway Scott how you doing I finally finished my move I moved oh
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congratulations oh Scott it's like oh I feel like so in need of not moving
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anymore ever again well the good news is that probably won't happen the next the next move you won't even be aware it's
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happening you you'll you have you'll have no no no no no you're not that old
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you'll have some Filipino nurse and it's okay Miss Miss swisser just follow me
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and you'll be like where's where's you know where's grandpa you'll just will be
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so out of it you won't even know yeah Grandpa I'm a lesbian Grandpa literally it'll be like watching a senator stroll
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around the halls I know of of the Rotunda oh Jesus those Senators oh what
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I got to tell you Scot being in right now we're like okay now we're in Washington and like we're like should we leave Washington because it's just so
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heinous although we never see these people so I guess who cares right who cares I I am this is a dark side of me I
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hate to admit this I kind of Welcome a measles outbreak in DC right now I I just think that I think this surrender
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clown and his cabinet of uh the best friends measles ever had I mean at what
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point and of course it hits a small community in Leck I mean at what point
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does do these literally head up your ass cruel weird decisions come back to DC
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the I saw this this statement I think it was from Corey Doo and it just perfectly summarized I really have a difficult
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time encapsulating what I think is going on or the kind of Gestalt of this Elite
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Class of tech Bros and their their representatives in Washington the vice president and the president and he
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summarized it perfectly he said that they believe there's an in and an out crowd and if you read if you read Alex
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karp's new book it's basically engineers and innovators Are The In Crowd and everybody else is the out crowd and that
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essentially the theory is and I think it's a philosopher I forget his theory is that with the incrowd they are bound
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by the law but not protected excuse me with the In Crowd they are protected by
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the law but not bound by it and the out crowd is bound by it but not protected
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by it oh I love and I thought that perfectly summarized what is going on here and
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that is these guys love covid bailouts they love the protections of free speech they love the law they expect the
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justice department to weigh contracts but they themselves are not subject to
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it right I mean whether it's paternity court they would have a field day with
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Andrew Tate getting out in Romania sex trafficking the role model for male abandonment uh you know Doge King I mean
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literally the notion that these folks don't weaponize or don't use the laws
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and means of transferring wealth and rights from the poor to them but at the same time don't feel bound to it you if
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you want to see I'm really renting now if you want to see a massive amount of corruption just wait until about three
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years from now when we find out what happened between now and then in the crypto markets you are going to see but
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it's also it's in plain sight look at they're they're thinking of switching Starling people are working at the FAA and
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suddenly Verizon might be losing its contract to Starling it's like it's so like obviously it's so in the open like
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that's the thing there used to be sort of back rooms where this [ __ ] went down now it's front room like you're watching
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it and then they're telling you why you're stupid for not thinking it's smart like that's the whole that's the whole trick it was interesting because I
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have a lot of um federal workers in our school as I think I've told you um wonder if I I always ask what they do
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and it's always so helpful like the stuff they're doing whether it's at the FDA or at the um one is at the a
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department one parents the and it's just so important what they're doing and like they don't know what to do about the
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stupid five things I did this week kind of thing like you know and then then
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musk mocks them saying it's innan and trivial they should have been able to do it and then so they have a an ounce of
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sense in the middle of lunacy that's what D like sure they could do it but why
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we got anyway we've got a lot to get to today um or let me give you an example it's not everybody because look Apple
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shareholders voted SED Costco and John Deere to keep Dei initiatives in the company they can do that right instead
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private company except now Trum is threatening them and Tim Cook has to say we've got to follow the law even though
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shareholders who are supposed to be the best friends of these [ __ ] um want something else it's just amazing it's
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amazing these these guys guys I I can't tell you how profoundly disappointed I am in this these [ __ ] trying to
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protect themselves or excuse their behavior texting you or other people I
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hate myself well we [ __ ] hate you more if there's anybody who has the money and the resources to stand up to
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this [ __ ] Tim Cook it is Tim Cook SAA Nadella Cinder pachai Sam mman in
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his hush tones and concerns about AI [ __ ] you you are you are literally
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[ __ ] the the very principles rule of law separation between uh business and
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state systemic laws not individual laws where you give a million dollars to a campaign for favorable treatment these
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ridiculous fake announcements okay put out a press release claiming that we're spending a quarter of a trillion dollars
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because of President Trump even though it's all [ __ ] jazz hands it's all [ __ ] somebody I'd like to think in
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the business Community is going to reach down and feel these Circ these circular things in between their legs and go you
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know vagina no no there you go or a vagina and say okay let's be honest
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though they're all men and say okay uh no we're not doing this and you're right shareholders brace he might announce a
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bunch of tariffs and he's got permission from shareholders to do it right he has per the shareholders have spoken of what
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they want so that's if he's if his constituent at Apple they've said we want the EI they want the EI so does
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Costco so somebody like either you listen shareholders are you're not trying to protect them they've decided
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knowing full well what the price is what they want anyway we we'll see where it goes but speaking of which we've got a
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lot to get to today and and the one person we're going to talk about initially is exactly this person um we're going to talk though about nidia's
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earnings which were Blockbuster Tesla struggles no one wants to buy their shitty cars they not shitty cars they're
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they're shitty because of their owner their creator and in fact not even their creator anyway I like the I like the
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model SS did just swastic car swasti car 0 to
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1939 in 3 seconds all is so good his pronouns are not his pronouns are not he
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and himler himler oh nice himler often a forgotten Nazi but very critical there you go um and Trump one of the play key
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backup role character actor in the whole no he did a lot he was quite horrible um anyway and Trump's Gold Card which is
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ridiculous but let's start with Jeff Bezos speaking of tiny balls um he
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Washington Post opinion entered David Shipley by the way my wife used to to work for po she quit and is thrilled
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that she did now that this came out has stepped down after Jeff bezos's announced a significant shift to the
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opinion page Bezos said the post will now publish daily opinion stories on two editorial pillars pretty much and you
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have to be for them personal Liberties and free markets you can't be against those what does that mean what does that
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mean uh personal Liberties I'll do what I [ __ ] want free markets I'll do what I [ __ ] want there you go okay I get
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what they're trying they're trying to be the Wall Street Journal except the Wall Street Journal has intelligent people working for it and the Washington Post
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has Megan McCardell um the opinion section will cover other subjects as well not really but will not publish
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viewpoints opposing those pillars what's the point of having them meaning if
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you're against if you're for social justice or some regulation you can't
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write a piece you can't oppose free markets if even if you do like if you
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have a very good argument about why we need guard rails on Amazon's shitty Behavior
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in I don't know um whatever you can't oppose Jeff Bez you can't oppose Jeff
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Bezos um he said he believes the viewpoints in the new categories are underserved in the current market of
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ideas and news opinion no they're not Jeff they're done by the Wall Street Journal which does them don't always agree but pretty [ __ ] good uh sounds
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like not original idea um the head of uh the opinion section David Shipley who already took a fall uh took a took a he
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just fell down when he was doing the Comm her thing has decided he can't do this I I I can't believe he didn't get
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go the first time um but here it is and of course Jeff Bezos in an interview
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with matteas dner uh in 2018 um said he would never do things like this and this
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is exactly what he's doing he said he'd be embarrassed and he would feel terrible when he was 80 years old um so
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here we are he can do what he wants with this [ __ ] newspaper but it's a piece of [ __ ] now go ahead but I don't I don't
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even really understand what that means we're only talk about I I don't so do
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you not have an opin isn't the whole idea of opinion is that you're going to be provocative and perhaps upset some
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people and catalyze a dialogue that perhaps helps craft better Solutions I just he the internet has viewpoints
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opposing those pillars H Fair Point uh so why wouldn't The Washington Post I don't I don't know I I just don't get
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any of this I I'm having trouble even making an argument for or against it I don't know what it means other than him
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saying I don't like the way it's being run now I don't I I think he's been
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trying to do this like I kind of get it but it's so it's so like kindergarten
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version of opinion sections it's like oh we need more diverse voices oh okay get
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them publish them do them like have everybody argue if you you have to have viewpoints opposing personal Liberties
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and free markets if you really want to have an opinion section but he doesn't really want to have it he wants a billionaire propaganda arm that's I
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think he's this is what penny that I think has dropped in his in his uh in his Noggin uh is um is that I can use
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this as a cudgel right I can I if if mus can use Twitter X as a cudgel I can use
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this as a cudel so I can I can do this via now interestingly enough The Wall
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Street Journal has been very um critical of of trump right he's been they've been
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very critical about the tariffs about the behaviors about the nonsense and and
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actually making some great arguments um and they they've featured those I'll be interested to see what Bezos well I'm
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not interested at all but you know we'll see what he does here but it seems like he'll try to get someone I don't know
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there's a lot of people who think this who go on and on about say and do what you want and then when it when push
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comes to shove you don't get to say and do what you want you get to say and do what your billionaire owner wants um but
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the I mean the reality is with these newspapers now there used to be 20 about
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60 or 80 million subscriptions in the US it's gone down it's G down to 20 million some have made the jump to digital such
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as the New York Times but the the problem is it's a zero some game and so when they sign up when they said when they thought okay the Washington Post is
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doing good work it usually comes at the cost of someone else they are now as someone who's I think got some distance
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from The Washington Post I like it I have affection for it but the reality is it just feels like it's circling the
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drain right now yeah it doesn't feel like it has a growth strategy relevance and and the the people who like the post
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are quite frankly you know I hate to use this word but kind of the cultural Elite they don't anymore actually well I my
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view is they're pretty prickly and when a billionaire weighs in with his views without really understanding journalism
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it turns off their readers and their employees and it's probably very damaging right are they going to get magar readers they're not they're not
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magar readers have really good stuff to read they have all you want to read Ben Shapiro you want to listen to me scream
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at you for some whatever [ __ ] reason she likes to scream all day you have plenty of choice in that area so they're
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not going to you know there they're like there's this so the sensible Center is
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horrified by Donald Trump so kissing up to him seems like the stupidest move the
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two winners here are if he had said I do think there's an opportunity if you look at the amount of media coverage that
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Sports gets if you look at the amount of media coverage that politics gets I think relative to its importance in the
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economy and the consumers of session with it I would argue the opportunity in media and even and in podcast and I'm
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thinking a lot about this is business so if he were to say if you were to say we're going to focus we're going to try
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and really beef up our coverage of the economy in business issues relating to the markets and everyday pricing and how
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it affects people's lives [ __ ] out of it because we all are kind of obsessed with Amazon and taxes and Innovation and how
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AI affects us or doesn't in terms of our jobs I think there's real opportunity here the biggest winner of this move
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hands down are the heads of HR in recruiting at the Wall Street Journal in the New York Times because every
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talented my view is and this is this is not my sense is that every organization
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there's between 10 and 20% of the employees that at 120% of the value and the rest are Nega -20 and what I mean by
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that is you have to have B players to scale I'm not I know that sounds disparaging but at every organization
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there are generally a group of superstars the just drive a disproportionate amount of value
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absolutely those 10 or 20 people at the Washington Post have their pictures and
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their names like an FBI mob board at the New York Times And The Wall Street Journal they've already grabbed a lot they've already grabbed a l I'm having
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lunch today with one New York Magazine just grabbed but go ahead they'll all return their your calls now they have
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never you're going to see they are literally the Wall Street Journal of New York Times and some media players are
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going to come for the heart and the the actually talk to these people they they
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are they are picking and choosing I've talked to the times people who do this hiring I've talked to the journal people
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um and they're calling me to ask me who's good who what do I think of this person this and that and they're they're
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they're not going to grab Everybody by the way even if they're really good but everyone's leaving and you know today
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I'm having lunch with Ben Terrace who's a wonderful political reporter and he's joined New York Magazine um fantastic
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like fantastic like did great work at the at the post and but by the way let me just weigh one in they are doing some
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of the reporting has been excellent they did a great piece on Elon being a Welfare Queen which you retweeted um $38
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billion they did another one they did like six or seven really great accountability stories in the re in
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recent weeks so it's just when is Bezos going to medle there which I think he
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will 100% but you're right it's an opportunity to pick an area to go into and really drill the [ __ ] down it's what
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the way he's going is so stupid um and and the way they're I would deploy AI in
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a really smart way they're doing it in a stupid way um they are just going this is a huge opportunity to when did Jeff
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Bezos become Mark Andre that's what I oh he was always like this I don't think yeah I think he just thought he was a no
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he was super aggressive he was always let me just tell you of all the people I covered he was the most Tweaky when it
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came to stories he didn't like he did not he does not like journalists he does he he never did Mark andreon actually
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kind of likeed journalists and yeah the bottom line is it's because most journalists just aren't that hot Cara I
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know that's what it is I'm was saying Bezos was Bezos came from Wall Street he was he worked for whatever a hedge fund
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de Shaw I don't know what that is a Investment Bank hedg whatever he doesn't he was older he was money focused I
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never thought he was anything but I called him Ferell in my book he was Ferell and I think he he broke up with
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his wonderful wife and I look Lauren's fine whatever but it's a different
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personality and he had an opinion if you listen to that 2018 interview it is a
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different person um now he likes wearing those weird unfortunate shirts that he wears and tight jeans and showing off
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his chest and living the good life on the yacht and he doesn't give a [ __ ] you
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know who knows I I think he's he's a really dull thinker anyway moving on um president how do you really feel
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president Trump hosted his first cabinet meeting speaking of stupid Wednesday with co-president Elon Musk in attendance really truly standing up
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talking almost as much as Trump trump recognized must to speak first and surveyed the room on approval for Doge's
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at work and whether they like Elon guess what Scott everybody applauded yay although Marco Rubio looked like he was
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you know having diarrhea at that moment um Elon at one point said Doge had accidentally canceled nabola prevention
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program let's listen let's listen we will make mistakes we won't be but when we uh make mistake we'll fix it
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very quickly uh so for example with uh usaid uh one of the things we
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accidentally canceled very briefly was Ebola Ebola prevention I think we all want Ebola prevention so we restored the
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Ebola prevention immediately and there was no interruption not true according to expert after expert everyone on the
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field say nothing's been restored it's gone from 60 people to six uh he's just
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he just opens his mouth and he tells he's he's disingenuous um uh ALS Trump also
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addressed efforts to slash Federal Workforce which he's going to continue including 65 percent or so of the EPA he
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talked about terrorists the upcoming meeting with Ukrainian president zilinsky he's trying to shake him down for mineral rights so it's paper FL uh
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military help uh which we we really have sort of done but not this explicitly um
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just the whole thing was and and the and getting the the the the cabinet just a
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I they probably were like they tried to resist some of this DOTA stuff and now they had to applaud in in public like
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can you I wish someone had gone yeah I don't like him he's a [ __ ] president Trump but no one did of course anyway
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yeah well speaking of the W Journal they did some great analysis a couple days ago saying that
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um they think so far Doge has saved a whopping 2.6 billion yeah a whopping and
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and they're claiming 60 right they're claiming 60 60 and by the way musk has
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received subsidies depending on how you count them somewhere between 15 and 50 billion so if you want a 6X the Doge
00:19:08
savings just cut off all subsidies to Tesla and it's just it again it's look
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over here and also I'm trying to do the analysis I believe that these tax cuts
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will cut will cost taxpayers more in terms of the treasury
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just the the benefits that Elon Musk will acrew than the savings he is garnering at Doge so if you wanted to
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double the savings of Doge you would just say okay thank you for your service but you are no longer entitled to the
00:19:41
tax cuts I mean this is it's just the the math ain't mathing for lack of a
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better term I don't think I don't think they should focus on the Injustice I I don't quite frankly I don't think it's
00:19:52
outrageous to get an email from somebody saying tell us what you did last week how it's done Scott it's how it's done
00:19:59
agreed agreed but it's that's not where our focus should be our focus should be
00:20:05
okay you recognize that the department of energy has been Department of energy and I forget what the exact term is has
00:20:11
been tasked with cutting 800 billion there's no way they can avoid uh Medicare and Medicaid and by the way
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when you privatize okay so a kid is still going to need his medication
00:20:24
unless we decide to just let them die they're going to get their medication but this is that's what we're doing go
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ahead well hold okay give me some Running Room I don't think that's going to happen what's going to happen is it's
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going to be privatized and either the employer or the individual or the county or the
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state is going to have to go into the private market and buy it and then the insurance company and the pharmaceutical
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and the medical industrial complex will insert themselves make it less efficient less cost effective such that
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shareholder value goes up in the industrial medical complex the privatization essentially what these
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autocrats or these oligarchs want is they want want the privatization of everything that way they can insert themselves in the middle for shareholder
00:21:02
value there are cities that have privatized everything the utilities the water services they've privatized
00:21:09
everything and what happens traditionally or typically is that there are some things that should be privatized but when you privatize the
00:21:16
post as they did here in London what you end up with is a more expensive service where shareholders and companies get to
00:21:24
skim or scoop up that incremental margin and that is what they want here they want to get government out so they can
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insert one private Enterprise and make money and two emasculate any regulation
00:21:36
or oversight of their near grifty businesses yeah I would agree and what
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What's Happening Here is they're really hurting people who voted for you have you seen the SP there's a great one Speaking of which in the Washington Post
00:21:47
she hoped Trump's Victory would change her life but not like this um Doge cut her job and she was like Oh I thought
00:21:54
they were going to take Dei people like what a you know honestly leopard should eat every one of these people's faces as
00:22:00
far as I'm concerned you know what I mean they did everything in their self-interest and then he didn't do anything he said he was going to do uh
00:22:08
so far and they're cutting them and so they're going to they're you know no show and fr here but they voted for what
00:22:13
they voted and this is what they're getting um I agree I you're 100% the basis of Dei or the arguments against
00:22:20
Dei is that it made sense I think if you were to steal man this it made sense at
00:22:25
some point to have Dei but many of these problems I wouldn't have been I won't say have been solved but have been
00:22:31
addressed in terms of a Workforce that somewhat resembles the population the
00:22:37
problem is is the basis of the arguments for doing away with thei is that you risk economic growth and even safety if
00:22:44
in fact you're not hiring based on competence now that is a real argument but that argument holds no water when
00:22:50
you are hiring [ __ ] idiots to go into your cabinet when you're hiring Fox News hosts to be the Secretary of Defense and
00:22:57
you're claiming we need to get rid of Dei so we have more confidence that this becomes a meritocratic I mean it's just
00:23:04
so cynical to talk about skills and domain expertise and who earned and
00:23:09
deserves the job and who would execute or prosecute the job with most the most competence when you are bringing in
00:23:15
seriously a [ __ ] vill a a circle of Village idiots first Nel's death since
00:23:22
2015 first one planes are falling out of the sky like there's been like seven of them right now at least seven really
00:23:29
dangerous playing things I mean as I say they they they they exchanged Dei for daf dumb as [ __ ] um okay Scott let's go
00:23:36
on a quick break and we come back more on Doge Scott we're back let's talk about some of the notable Doge moments
00:23:43
uh since last we taped the White House confirmed that acting administrator of Doge is indeed not Elon Musk but a woman
00:23:48
named Amy Gleason Gleason's LinkedIn list her is US Digital Services senior advisor the CBS News uh when contacted
00:23:55
Leon regarding the story said she was in Mexico and declined to comment uh they just gave a name and that very
00:24:01
testy woman who does press for Trump gets very testy very testy she got very Megan Kelly Vibes anyway um 21 do
00:24:09
staffers resigned saying a letter they would not lend their expertise to carry out to carry out to to carry out
00:24:15
legitimizing do Do's actions the staffers were prly part of the US digital service which was created by
00:24:21
President Obama these are people who were there helping the government um update themselves and they're just not going to put put up with with balls on
00:24:28
the rest of the crew rest of the idiot douche boys crew um the Trump Administration in Doge had a rough week
00:24:35
with courts on Tuesday three federal judges dealt setbacks to the administration involving federal spending refugees and forn a though
00:24:41
Chief Justice John Roberts temporarily delayed a midnight deadline for the administration to unfreeze $2 billion in
00:24:47
foreign aid payments on Wednesday um I uh Scott I have no comment on this I'm
00:24:52
in Mexico I don't know what to say yeah I don't but I'm more interested in
00:24:58
they're using her as a prop such that somebody I think someone I think my guess is musk's lawyer said nothing good
00:25:05
can come from you having any sort of official affiliation that's right yeah that's exactly and so we need a figurehead to just prop up and say
00:25:13
they're in charge even despite the fact no one can even find her or get get any sort of statement from her oh she's in
00:25:20
charge that way when these Myriad of lawsuits actually get to a quote unquote
00:25:25
judge who looks at the law we need to we need to figure out it's almost like they've created she's the effect she's
00:25:32
effectively the equivalent of a human LLC where you create a corporate Shield between her and musk I just can't I'm
00:25:39
trying to figure out the legalities she worked for the old service and from people there she was not figurehead she
00:25:45
was not she did not impress people with her skills that's what I would say is how they talked about her um no she's
00:25:51
just a figurehead it's ridiculous I mean what's interesting is you know they do want this to be in court all the time so
00:25:57
they just it's like it's like a ground war with these people right and they keep pushing back the way they after the
00:26:03
Apple shareholders and they're going to threaten Tim Cook they just never freaking give up they're like they're
00:26:09
they they're swarmers I don't know what else to say the strategy is probably very smart just to keep making trouble
00:26:15
and move from Department to Department making destruction and then fixing it will be just impossible right that's
00:26:22
that's the goal I think here can I ask you a question I'm veing from the script with driver producers crazy CU we won't
00:26:28
get to sell as many [ __ ] zip recruiter zip recruiter that's right link it in link it in zbiotics let's
00:26:36
party tonight and let's not feel it in the morning hello dog um why don't we have any
00:26:41
we we ads why don't we have any weed ads you're you think right Ed you think
00:26:47
Jesus for oh my God Ed chewable Viagra hello have you met me slash oh my God
00:26:53
all right go ahead your question my erections are literally increasingly dysfunctional now you show up so am I
00:27:00
now you show up I'm literally like I don't want to hear directions can you move along please oh I I like the word
00:27:06
erection I hate the word yeah I don't like it anymore oh I just welcome anything resembling that right now I I
00:27:12
don't like any of the words having to do with Boner erection what other words are they that's it those are the two right I
00:27:17
don't like them magic magic who calls it that men go ahead yeah anyways what's
00:27:24
your question what did you think of James Carell's opinion piece that would the Democrats sit back and and and let you know kind
00:27:31
of let them have at it and let Americans kind of see what Happ he's been awfully wrong about a lot of things if you
00:27:36
really actually follow him closely you know he's like this is how it's going to go for Trump he's going to lose this way and then he did so and someone noted he
00:27:44
said that I know that's true but we're not James carille right so I think um I
00:27:49
think it's not a bad idea except if it's a very serious thing right if it's something really um hair on fire we
00:27:56
should be hair on fire appropri I think we should be obstruct I think the Republicans when they got into
00:28:01
office and they were in the minority just speaking of someone who's retiring Mitch McConnell shut it down and I think
00:28:08
that's what we should do I think we should be difficult obstructive not worry about people blaming us for it
00:28:14
just get in the way just muck up the gears let them make a mess I would agree
00:28:19
with him on that I would agree it's no there's no use saying can you like someone was I was on CNN last night with
00:28:26
Caitlyn Collins and she goes what do you make of this Gaza AI thing I'm like I don't give a [ __ ] it's racist it's
00:28:31
obnoxious he's doing it to distract us moving moving on it's stupid and why are
00:28:37
the belly dancers wear having beards that's I don't know I don't care I don't care and I think it's mean and terrible
00:28:43
and cruel but what what do you want me to say that's what I think he is so I think that's the kind of reaction we
00:28:49
can't like swing at every stupid pitch these people put out I I lik it what did
00:28:54
you think I'm torn actually I think I have a little bit more reverence for for James
00:28:59
I think he's brilliant and I do too I do too but go ahead I enjoy how sort of courageous he is I thought his clip on
00:29:05
Fox was just amazing great that was great um and uh yeah I even think of as
00:29:11
sort of a role model I just like how he's eased into you know his eighth decade wearing LSU sweatshirts and just
00:29:17
being fearless and also I went I went to a wedding with him he likes a party but go ahead you'd like him oh I'm sure you
00:29:22
know that guy like I I'll I'll have a mint Jula be for five minutes yeah that was and her wife Mary Matlin they're
00:29:29
they're they're an act they're like they were the funniest people at the lesbian wedding but go ahead they're a pair um I
00:29:36
I worry that if we don't I I think there's a way to respond I like what you said become obstructionist and just and
00:29:42
get in the way of stuff I I'm up for actually shutting down government I I think we should just say fine have at it
00:29:48
no we'll shut it down but I worry that if we don't don't respond pretty
00:29:54
aggressively that we un that we de facto normalize what's going on and I I and I
00:30:02
struggle with it cuz I can see his point it's a really interesting tactical suggestion you know just well just to
00:30:08
just sit there and say this is all Republicans now let's let them have at it see what happens folks hey US citizens you you know you broke it you
00:30:16
bought it it's this is you and not even not give them the satisfaction of being hysterical or responding or swinging
00:30:22
back or counter punching wildly but I think where I land is I think you need
00:30:27
to be smart about how you respond but you need to just say consistently with facts and experts we cannot normalize
00:30:34
this this is not should not be a thing what she did yes 100% I think aggression is I I think we let them let them own
00:30:42
everything and then aggression back just be like a [ __ ] P like do a Mitch McConnell just do a Mitch McConnell like
00:30:47
I you know who I think we need more of I think we need more kind of what I'll call dark I don't want to call dark Maga but dark woke uh have you one of my
00:30:54
favorite comedians Bill Burr I love Bill Burr [ __ ] basically saying this billionaire [ __ ] musk just because he
00:31:01
didn't get laid in high school we have to put up with his hair plugs and his total lack of empathy it's like how much
00:31:09
more money do you guys need I it just you know when people can't people there's so much money in this country
00:31:15
and people can't people have to get a second and a third job and can't be with their kids and he I think we need more
00:31:21
of that energy just you have to right in their face you do because I was I I told
00:31:26
you this I was at an event one of the stupid Tech Bros came up to me and they're like oh we're beating you cara
00:31:32
you know we're beating you hahaa and I looked at them and I said you're still a [ __ ] [ __ ] and and I they were
00:31:39
like H I go and I still don't want to talk to you and I moved along and they didn't know what to do they were not
00:31:45
going to get me in any way yeah you have to still punch them in the nose punch them in the nose anyway speaking of punching in the nose speaking of not
00:31:51
lack of erection it's been a tough week for Tesla Tesla shares plunged more than 8% on Wednesday pushing its market cap
00:31:57
below one the stock is down 25% for the year that drop followed that sales the news that sales in Europe are down 45%
00:32:03
from this time last year Elon backlash is being credited with some of the recent decline but other factors include
00:32:08
increased EV competition from China byd and consumers uh wanting a new model
00:32:14
like where's the new [ __ ] model Elon why don't you make better new cars not better cars it's a good car um and
00:32:20
there's lots of choices and nobody likes this [ __ ] and people are putting things on the cars riding on the cars
00:32:26
people have signs on car is saying I hate him too I don't know what stop you know taking the air out of my tires and
00:32:32
keying in my thing um I don't do this but I think about keying them I do I and
00:32:38
and that's the thing I never think like that I'm like I should key this [ __ ] car but I don't just everyone know that
00:32:44
um is there anything to be done here or is it just a declining situation for for this
00:32:49
company well I mean I mean first off all these things require context and that is in the past year the stock even with its
00:32:56
draw down is up 50% it still trades at just an exceptional valuation it's
00:33:02
trading at PE today of 145 I think Ford trades it a p of like six or seven so I
00:33:09
think the market when a company becomes this overvalued is looking for reasons to take it down but this there's just no
00:33:16
getting around it the sales are down in Germany and across Europe and also in
00:33:21
California sales are off you know between 10 and 40% so this is really having an impact on sales
00:33:28
and he still gets I think about a third of his net worth from his St in Tesla I
00:33:33
think it's just getting started I mean my I think you remember my prediction three weeks ago is my Broken Clock was
00:33:39
that at some point this is going to hurt the brand so much I mean I got to think at some point people don't want to drive
00:33:46
into a parking lot and have people flip them off which is everyone's not everyone a lot of people's inclination
00:33:52
now when you see someone in Tesla is to is is like oh what an [ __ ] or flip
00:33:57
them off or and I you know I sold my Tesla 3 years ago and people said I was
00:34:03
overreacting it's look you should stay out of Politics as
00:34:08
a general rule for Brands it is finally starting I think it got him some loyalty I think sort of as a reference and a
00:34:14
little bit like kind of innovation Politically Incorrect actually I think that probably got him some additional
00:34:20
customers for a while but this feels like a lot of people even people who probably support him think I just don't
00:34:26
need the hassle of someone judging me by the car I roll up in in terms of in
00:34:31
terms of my politics now I want to be judged when I roll up in a Range Rover it means that I'm in the midst of a midlife crisis and I can afford it and
00:34:37
would you like to jump on speaking function for people for context that Scott was saying a year-over-year it's
00:34:44
up 47 almost 48% 5e it's up 561 per and
00:34:49
Max 22,000 23,000 per up so uh it's 6
00:34:55
months is up 40% 1 month it's down but it's down is where it's headed they just
00:35:00
need look if they had a great car people might buy it but you're right I like just I think that a hassle even if
00:35:07
you like Elon Musk is real is get is probably going to bother people um and I
00:35:12
I did I I don't hurt any of these cars but I did yell a pinck to someone in a cyber truck recently which I enjoyed and
00:35:19
I liked pinck pinck the the interesting thing will be so the Stock's overvalued
00:35:25
it's looking the Market's looking for reasons to take it down the product lineup heill stale the interesting thing
00:35:31
will be is if his um his kind of off camera activities here or his extracurricular activities begin to
00:35:37
infect starlink uh because starlink really is an amazing product and they are signing
00:35:42
up new customers like crazy what I'm interested in or waiting for is the first company that says we're
00:35:49
reconsidering our deal with starlink um because so far it's just impacted Tesla
00:35:55
if it goes after if it starts to infect SpaceX SpaceX starlink then Houston has
00:36:01
a real problem and I think you probably are going to see that in the next 30 days a big carrier or a government or
00:36:07
someone's going to say we're rethinking our relationship with uh starlink I
00:36:12
think one of the things that's important that people should think about is is the product good can save you a lot of stuff
00:36:17
although even if the product is good and people think you're an [ __ ] it does affect it you just stop buying it you
00:36:23
just I definitely have bought less Amazon stuff CU I'm like why should I give this guy money I'll give it to
00:36:28
Macy's it's a little harder but it's not that much harder they still have a better product in terms of delivery but
00:36:35
I'm like I just don't like them I just don't like them or I like you know I just I don't want to give Jeff those
00:36:41
money and that's how people that's how it begins right and then you find other Alternatives it's a real opportunity for
00:36:46
car other car makers that's for sure it's funny it's it's funny you say that cuz last night I was watching game of
00:36:52
I'm watching Game of Thrones with my 14-year-old again and the easiest way to buy it was on it never gets old Cara it
00:36:57
never get so and so um but last night the easiest way to buy it was on Amazon
00:37:04
Prime and for the first time I thought is there another place I can buy it yeah y exactly small little decisions like
00:37:09
that pinck all right Scott let's go on a quick break when we come back we'll talk about Nvidia beating earnings
00:37:15
expectations and Trump's plan to woo wealthy foreign investors Scott we're back Nvidia has done it again with
00:37:20
another Blockbuster earnings report quarterly earnings were $39 billion a 78% increase compared to Q4 last year
00:37:27
profit spiked 80% uh from a year earlier to 22 billion beating wall Street's expectations the company project Revenue
00:37:33
in the current quarter will rise 65% uh to 43 billion uh little less than
00:37:39
78 but still good uh has Nvidia put these deep seek F to rest remember just
00:37:44
a month ago Nvidia had a a $600 billion Wipeout uh when deep seek burst on the
00:37:50
scene it seems like nobody's talking about that now thoughts on this because you know again by the way for people to
00:37:56
understand it really the stock market Rises and falls on Nidia shares right now and and only I speaking you know who
00:38:02
I in interviewed aswath ASAT motoring yes he talked all about this but it's seven stocks that
00:38:08
are moving the stock market and vide is at the top of the list yeah some some would say 10 but yeah the magn 7 like
00:38:15
what's interesting about the market right now is when it with respect to Nvidia or some of these other companies
00:38:21
their expectation or the expectations are that they'll beat expectations because what happened yesterday was
00:38:27
again Nvidia beat expectations it came in at 39.3 billion versus a projection
00:38:33
of 38.3 its earnings were 89 cents versus uh projected 84 cents and the
00:38:39
stock is down 1% today people have gotten so used to or the market has gotten so used to these companies just
00:38:44
blowing away expectations that when they only slightly beat expectations they
00:38:50
kind of if you will actually don't meet the expectations uh so this company has
00:38:55
gotten just so in incredibly Val you know the unusual thing about this
00:39:01
company and people like to compare it to Cisco is that Cisco's price earnings multiple went
00:39:06
crazy and the price earnings multiple has expanded here but it hasn't expanded nearly as much because their earnings
00:39:12
growth has also been exponential so like it does appear to have I don't want to
00:39:18
even say Flatline because the the gains have been so extraordinary but the stock is down 5% year to dat and it's just
00:39:25
flat for the last 6 months after what is like a 100x increase over the last I
00:39:31
don't know over the last decade it really has been the stock of the last decade but the expectations around these
00:39:36
companies now are that you're going to beat expectations MH so what what's
00:39:43
going to happen here you still feel people are going to start spending Less on it there's they're also seeing comp
00:39:48
competition they will see competition as has other companies I'm of the mind that
00:39:55
uh that there's a non zero probability maybe a one and three chance where AI
00:40:01
ends up being more like the PC industry and the airline Industries where consumers capture the majority of value
00:40:06
because they're not able to create uh sustainable Moes and I think deep seek was the first sort of signal of that and
00:40:13
that is arguably jet transportation and PCs should be the most valuable companies in the world they're not and I
00:40:20
wonder I mean a lot of these llms are beginning to feel pretty pretty similar
00:40:26
uh although I can't stand anthropic it's so [ __ ] PG-13 so I can't make recommendations around then we'll talk about erees okay then uh and also I
00:40:36
think it's just going to be this could be in fact one of those Industries where
00:40:41
and this is a good thing the winners might be us the winners might be all industry industry has garnered enormous
00:40:48
and citizens shareholder value from jet transportation and the PC but very few companies were able to create Moes such
00:40:55
that they could capture a lot of the value for specific shareholders and I think if there's evidence of that this
00:41:00
year or there's a Slowdown I think you're absolutely going to see a real
00:41:05
correction and all I can say is what I'm doing because I don't think anybody
00:41:10
knows I am rotating out of US Stocks into foreign stocks because if you look
00:41:16
at us growth stocks which have really carried the day for the last 15 years
00:41:22
relative to their historical averages they are at 90 in the 998th percentile right now
00:41:27
so there's only only 2% of the time in history like basic sometime in 1999 or
00:41:33
2007 have they been more expensive at the same time large cap value companies
00:41:39
in Europe Latin America and China are at their 2% meaning that they've they've
00:41:45
been higher 98% of their historical or uh in history
00:41:50
they've been higher 98% of the time so I am rotating out interesting I tell you um go ahead aswat
00:41:58
said not to do that he said he thinks these us companies are global companies and so you are investing globally you're
00:42:04
investing globally and by the way if it's if if if in fact you're dumb enough to listen to any of us absolutely listen
00:42:10
to aswath he's on my podcast today but yeah go ahead sorry but when you have apple uh trading at a PE of 39 and it
00:42:17
traditionally trades at 18 I mean it's just not a bad it's not a terrible idea
00:42:23
to think about taking some chips off and somewhere in cash like Warren Buffett is much more in cash he moved hugely but
00:42:29
asosa said don't do that because you're you can never time it correctly and you're you can you can be too slow or
00:42:34
too fast like you were saying the other day anyway uh speaking of cash president Trump is unveiling a new visa to attract
00:42:40
Rich foreigners to the US the gold card for $5 million very highlevel people will get legal permanent residency and a
00:42:46
new route to citizenship according to Trump the gold card would replace the current eb5 Visa which requires
00:42:51
investors put in a million dollars and creates at least 10 jobs the new initiative set to be rolled out in two weeks although some experts are
00:42:58
skeptical that it can happen without Congressional approval so I don't know more than 100 countries do offer golden
00:43:04
visas to wealthy investors and individuals including uh Australia Greece Italy and Spain it's not a new
00:43:11
idea um I don't know it just it's another dist another handwavy
00:43:17
distraction I don't know I just feel like whatever like rich people always get to live where they want so okay
00:43:24
that's right you rich people can rich people can go not only shopping for
00:43:29
clothes or experiences they can go shopping for rights so if they're back to the statement or of these people are
00:43:36
protected by the law but not bound by it if you're a wealthy person in fact you are you are the the law has kind of
00:43:44
gotten fed up with you you can go somewhere else or if you're worried about persecution but you're right this
00:43:49
is nothing to you the EU has taken in approximately $23 billion selling visas
00:43:55
across uh Greece MTI Portugal Spain the UK used to have a golden visa and then
00:44:01
the populace got pissed off by it what's unusual about this is the price point at 5 million I would think that that
00:44:07
probably just appeals so I'm on a Visa here in the UK I'm on what's called a tech Talent Visa where I had to say I
00:44:13
bring I bring specialized differentiated skills around technology so give me and my family a five-year visa and they
00:44:19
agreed the the notion that you can buy in is not new what's weird is the price
00:44:24
point because what I think this says is you don't have any other options and maybe you're a little bit on the run or
00:44:30
yeah right exactly we're get the bad ones like the kind of skitchy ones or the the the tax authorities are closing
00:44:37
in on you because if you look at one of the reasons the the British economy or
00:44:42
London specifically has done really well or I would argue has done well over the last 30 or 40 years I mean London is the
00:44:49
most Paris is the most beautiful city in the world London is the most handsome and when you came here in the ' 80s I've been coming here since I was a kid cuz
00:44:55
my parents are from here it was a shitty City bad food ugly rundown it was just
00:45:00
infrastructure was was collapsing it was really a a mess and Tony Blair basically
00:45:06
did something similar and that his he passed a series of incredibly airtight private property
00:45:13
laws that said you can be an African warlord or a Russian oligarch but if you
00:45:18
bring in a million 10 million or a billion dollars into the UK and you buy property here and you invest your money with British banks no one can come for
00:45:25
it it's here no one no one can come take it away from you and as a result London
00:45:31
basically became even more so than New York I would say every wealthy person's
00:45:37
second or first home and it has catered it has become a butler economy and one
00:45:42
of the things about kind of sketchy ones right it feels like there's a lot of like Mobsters in Russia some of them but
00:45:48
it does it definitely I think the rich people the very fine rich people are already here I just think this appeals
00:45:55
to well that's a great point because here's the here's the difference between London and America people go to America
00:46:02
to make their billion people come to London to spend their billion and protect it and that is my biggest
00:46:07
criticism or observation of the London economy and this is the question I spoke at the Royal Academy of Arts last night I I needed an excuse to drop that so I'm
00:46:14
right now fancy so fancy oh my God I sat next to this lovely woman named Dame Rothchild last night he's actually a
00:46:21
quite successful author she gave me the whole rild rild story Dame rild
00:46:27
anyways um it was by the way that is an that is an incredible venue that's I
00:46:33
think that was probably the Highlight one I London experience so far but anyways people always ask me how would you distinguish London from the US and
00:46:39
one of the things I say is that this entire economy in the UK is serving
00:46:45
wealth created elsewhere and that is the wealthiest people I know here are people
00:46:51
in Money Management they own great hotels great restaurants they're servicing wealth that was built and
00:46:57
created or inherited somewhere else whereas it well I think that's a little unfair I think the majority of these
00:47:03
people well the majority of the people I know here a lot of money somewhere else okay anyways whereas in the US people go
00:47:09
to the US to make their money and there's so much risk-taking and so much aggression again my my Collective
00:47:17
distillation or summary having molested the Earth for the last 30 years is America is still the best place to make
00:47:22
money and Europe is the best place to spend it Butlers Butlers they're good buters it's a butler economy it'll be
00:47:27
really interesting to see how many people do it and who it collects if you need to spend $5 million to get into the
00:47:34
US that's not a great forward-looking indicator of why you need to do that I feel the sketchy SK sketchy dipes are
00:47:42
going to it's going to be it will be really someone will do some investigative reporting and find out the
00:47:48
first David fenold calling David fenold the first 100 people that are willing to pay 5 million bucks to hang out or hide
00:47:55
in the US or avoid tax ta local tax authorities all right it's going to be very interesting yeah all right come on
00:48:01
down you sketchy people all right Scott one more quick break we'll be back for predictions okay Scott let's hear a
00:48:10
prediction uh I think doge is going to be over and done by the end of the year I think the reason that that musk
00:48:16
invented it and came up with it is uh for money people talk about patriotism
00:48:21
or I I I every time like it yeah every time we dig further into these things we
00:48:27
find out that these individuals are doing everything to try and get richer and I think he thought I can get in there and under the opes of some sort of
00:48:35
[ __ ] up perverted means of patriotism or getting out my anger or whatever it is or getting more news about me I'll
00:48:41
also get a twof for because I'll basically fire everybody in who's getting in the way of my autonomous cars he's get his work is done yeah I I'll
00:48:49
get in the way I'll I'll defenestrate anyone around trying to get in the way of space launches I think it's all about
00:48:56
money and I think opportunity to clear out the regulatory hurdles that's between him and a trillion dollars having said that I think over the last
00:49:02
30 days he's found out there's a tax to this and that is uh I think I felt a
00:49:09
noticeable pivot in the last 48 hours of the narrative around all this [ __ ] I
00:49:15
think people well my you tell me because I'm in a bubble and I don't understand the American people anymore and I
00:49:21
realize how out of touch I am but I felt like okay people want to give Trump the benefit of the doubt he should to get to
00:49:27
pick his cabinet a lot of people voted they don't like musk nobody likes musk
00:49:33
right people think okay government is too fat I kind of like it kind of
00:49:38
tickles some of my sensors that feel they're feeling some of the pain of the private sector it feels as if the narrative has turned just in the last 48
00:49:46
hours where all of a sudden Trump and Doge are on their heels and people
00:49:52
including Republicans that voted for Trump are pissed off they're like we
00:49:58
wanted we wanted more efficiency we wanted you know leadership we did not
00:50:03
want this type of kind of Heartless recklessness this does not appear to make any sense and I think with musk I
00:50:11
think the straw that's going to break his camel the camels back here is when people start canceling
00:50:16
contracts at um starlink and he says wow I'm actually
00:50:22
losing money doing this and I think that is about to happen I think he he's a brilliant guy but it's all about money
00:50:29
the math is going to show that he is better off pulling of a ramas Swani and like fade remember VC VC was the co-head
00:50:37
of Doge remember him so this is what's going to happen it's going to be like what happens to Old actors they don't die they just fade away he is G Doge and
00:50:45
Elon Musk are going to fade away because you can be sure he's doing the math and
00:50:50
he's like even if I can even if I can get rid of all those pesky Regulators I'm still losing money here because my
00:50:56
sales are plummeting because the general public across the US much less Europe
00:51:02
when they see these idiots surrendering to Putin And when they see the type of recklessness and they see that they're
00:51:08
not saving any money all they're doing is making our government less competent
00:51:14
uh you're going to see Tesla sales continue to plummet Tesla stock continue to go down and again the pivotal moment
00:51:21
here is when it starts to infect uh staring and I think he's going to fade into of the government efficiency thing
00:51:28
so do you and I right I think that's Clint did it President List this this was Puck Peter hambi wrote a piece not
00:51:35
just about the polls which you can take the White House is saying polls show people love him and love it which isn't
00:51:41
true Hami looked at focus groups and swing voters not who cares about the Maga people they're going to like no he
00:51:46
can [ __ ] on the stage they'd like it um recent focus groups of Swing voters in Michigan Wisconsin Pennsylvania Ohio and
00:51:53
Florida they like the idea of efficiency they hate Elon Musk and this is some
00:51:58
polls for instance don't tell you that musk is a weird nerd which is how Adam a trump voting hockey fan from mome County
00:52:04
described the billionaire last week or that he's a complete tool as Michael from Milwaukee put it or scary Taisha
00:52:10
from Toledo or selfish DeAndre from Milwaukee just looking to enrich himself perhaps Eric a real estate appro appr
00:52:16
appraiser from Pittsburgh put it most poignantly extremely radical scary I just shudder that Trump has given him
00:52:22
cart blanch it's really these are the big things musk and Doge are treated
00:52:28
with skepticism they like Trump because he looks strong when Biden was weak so
00:52:35
it's not affecting Trump it's they just don't like musk you know and eventually it will affect Trump and that's when
00:52:40
he'll act but swing voters do not like this fella um no matter how you slice it
00:52:46
um anyway we'll see you're right that's a great prediction elsewhere in the Scott and car Universe Scott spoke with
00:52:51
David bernad the Emy winning executive producer behind HBO's White Lotus they
00:52:56
discussed the making of the hit series The shifting landscape in Hollywood and wait for it Scott surprise cameo in the
00:53:02
next episode of white that's right the big screen it's about I'm so excited I'm
00:53:07
going to watch White Lotus now tell me Clint Eastwood do I am going to download it I'm going to Australia Saturday just
00:53:12
so you know I'm going yeah I am I'm going to listen to White Lotus so I can hear your voice that's a long way so someone of your age yeah I know it's
00:53:19
true sell moving the Books Okay let's listen to Scott I let's listen to this interview I was in kosui you sent me the
00:53:27
first your first recordings I listened to it I almost [ __ ] my pants because I
00:53:32
was like I don't know if this sucks this sucks I don't know if this is gonna fly and I think I had then I heard you
00:53:39
mention it on on I think on pivot and so I was extra nervous that I was going to
00:53:46
somehow disappoint you and I did not want to disappoint you and so I I called
00:53:51
I think I got maybe I was back in LA or might have been still in Thailand and then I was like I had the smart idea of
00:53:58
sending Jason Isaacs over to your apartment just you know I was like maybe Jason could help you read with you and I
00:54:06
remember I was like very anxious I was like Jason call me as soon as I get out of there Jason called me and he goes we
00:54:12
did an hour of takes it could be all dog [ __ ] maybe there's something in there
00:54:17
and I have to say genuinely you are great in the show in that in those hour
00:54:23
of recordings we found gold I'm hoping this is the beginning of a long Hollywood career for
00:54:29
you let me just say I came to your apartment I go into Scott's apartment I walk in and there is Lucius Malfoy
00:54:37
sitting there and a guy from the [ __ ] from the Patriot I was like oh my God hello and he was lovely and you and he
00:54:43
were running lines whatever he was in the kitchen you were in the studio and I was like hello Lucius Malfoy what are
00:54:50
the [ __ ] are you doing here he's a tall drink of lemon he's a handsome man handsome man yeah so this is great this
00:54:58
is this is great I'm excited to hear you I'm excited to hear you so I got to add some color here he called me and said
00:55:04
would you consider doing a cameo I'm like yes how much will it cost me I mean I'm so excited about it and they love
00:55:10
pivot the whole what yeah a whole He yeah and he basically I did I read my
00:55:16
lines and I thought ah he's like kind of own a room you're a lawyer giving some very bad news to someone it's just a of
00:55:21
course face radio it's just my voice and I thought oh my God I nailed it and I sent it and they wrote back well we love
00:55:27
it but we think it can be even better and I later found out that they were thinking about cutting it out I was so bad oh God and Jason took me into the
00:55:34
studio and it was such a learning experience for me because he would do stuff like i' do a line and he' go no
00:55:40
he's like you're scared of the stude but you're also angry have you ever been scared and angry he's like think about
00:55:46
it and I talked about it he's like okay now hit it he's like no no no no and then on another line he'd be like this
00:55:51
dude is banging your wife and you are now really pissed off and you just found out and you're going to tell him this
00:55:58
hit it and we did this back and forth where he was trying to bring out emotions in me and he like no no no
00:56:03
you're reading to an 8-year-old a comic book be more animated hit it we did this
00:56:09
back and forth for an hour and I was practically sweating I was so exhausted by the end of the hour and it made me
00:56:16
walk away with such an incredible appreciation for just how [ __ ] hard
00:56:23
acting and directing is and this guy l Lally turned my chicken [ __ ] into what
00:56:28
I'm hoping is chicken salad and it was so generous of him he's not a director he didn't get paid to do this but he
00:56:34
wanted the scene to be great he was lovely he was lovely he and he was the guy he's the he's the lead in The Show
00:56:40
by the way par Parker is hilarious oh my God there's a great article about her in she's fantastic New York Times today I
00:56:46
love Parker posie so much I I so thrilled she's getting the she's fantastic I think Jason owns the scream
00:56:52
whenever he's on it but obviously I'm I'm a little bit biased but he was so it just gave me an appreciation you think
00:56:58
acting is like they're really good-looking and just act like themselves it is hard that was one of
00:57:03
the hardest hours I have ever you were a little bit shook up but you loved it let me just say he's still is handsome has a
00:57:09
great head of hair Scott I'm excited to hear you I'm going to listen to White Lotus because of you while we're at it let's put this question on threads which
00:57:16
one of us would survive an entire season at the White Lotus and who would get
00:57:21
killed off Scott or Cara and how you don't even need to put that question out it's going to be 9 you Auto exting
00:57:28
that's happening it's going to be you doing the David kadine out that's what's
00:57:34
gonna anyway just weigh in if you could think of something by the way we're killing it on YouTube we're growing like crazy and I'm very excited we're all
00:57:41
over the place so visit us at pivot podcast official to answer Scott before
00:57:46
we go this just just came over the wires Katy Perry Gail King and Lauren Sanchez are going to space on the next launch
00:57:52
from uh blue origin Jeff B's rocket company it's not really a mission they're calling it a mission but they're
00:57:58
going to join three other women as the crew uh of the set to lunch in the spring just so I I thought it would give
00:58:05
you a chance it's the 11th crude Flight of the new shepher rocket I wish them the breast of luck I mean I wish them
00:58:13
um okay all right if there's if there's if there's an explosion in the capsule I
00:58:19
we got we got to be quick to judge stop oh I knew you would do this that's okay I'm I allowed it I allow it I allow it
00:58:25
anyway I'm I'm a I'm a fan of I'm a fan of fake breasts and I have found so far
00:58:32
that they taste real okay and that's why the people come here Cara
00:58:38
God's speed ladies godp speed okay Scott that's the show thanks for watching pivot on YouTube and elsewhere be sure
00:58:45
to like And subscribe to our Channel we're doing really well we'll be back next week

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Episode Highlights

  • Measles Outbreak Welcome
    A surprising comment on the political climate in DC.
    “I kind of Welcome a measles outbreak in DC right now.”
    @ 01m 13s
    February 28, 2025
  • In and Out Crowd
    Discussion on the elite tech class's perception of themselves versus others.
    “They believe there's an in and an out crowd.”
    @ 02m 00s
    February 28, 2025
  • Disappointment in Corporate Behavior
    A strong expression of frustration with corporate leaders and their actions.
    “I can't tell you how profoundly disappointed I am in this.”
    @ 04m 58s
    February 28, 2025
  • Financial Decisions Critique
    A sharp critique of the financial implications of Elon Musk's actions.
    “The math ain't mathing for lack of a better term.”
    @ 19m 46s
    February 28, 2025
  • Nvidia's Blockbuster Earnings
    Nvidia reported quarterly earnings of $39 billion, a 78% increase from last year.
    “Nvidia has done it again with another Blockbuster earnings report!”
    @ 37m 20s
    February 28, 2025
  • Trump's Gold Card Visa
    Trump unveils a new visa for wealthy foreigners, promising permanent residency for $5 million investments.
    “The gold card would replace the current EB5 Visa!”
    @ 42m 40s
    February 28, 2025
  • Gold Card for Citizenship
    Trump's new initiative offers wealthy foreigners a path to US residency for $5 million.
    “Rich foreigners to the US the gold card for $5 million.”
    @ 42m 40s
    February 28, 2025
  • Skepticism About Approval
    Experts doubt the initiative can proceed without Congressional approval.
    “Some experts are skeptical that it can happen without Congressional approval.”
    @ 42m 58s
    February 28, 2025
  • London's Economy Explained
    The UK economy serves wealth created elsewhere, contrasting with the US's risk-taking culture.
    “People go to America to make their billion; they come to London to spend their billion.”
    @ 45m 55s
    February 28, 2025
  • Acting Experience
    Scott shares his challenging experience recording a cameo for 'White Lotus'.
    “Acting is hard.”
    @ 56m 23s
    February 28, 2025

Episode Quotes

Key Moments

  • Measles Outbreak01:13
  • In and Out Crowd02:00
  • Financial Math19:46
  • Doge Administration23:36
  • Nvidia Earnings37:20
  • Trump's Gold Card42:40
  • Wealthy Residency42:46
  • Skepticism42:58

Words per Minute Over Time

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