Big takeaway from the Tesla earnings call is that Elon doesn't want to do anything to shore up sales, because he'd rather try to use the idle GPUs in parked Teslas as a distributed AI supercomputer... which doesn't make sense, but even if it did, it would still be stealing from your customers.
"Sure, sales and profits are falling... but what if we snuck language into the owner's agreement making it legal for us to steal back the hubcaps and sell them to the fish people, who use them as currency" is a pretty comparable approximation of Musk's shiny new pump.
Needless to say, stock is up.
Like I said on the stream: it's exciting to have a big stupid new Elon pump idea, it's been a while. That said, this one really belongs back in the crypto bull market era. This is just "he's gonna use every Tesla to mine Dogecoin" for the AI bubble, and I gotta say it just doesn't hit the same.
I feel like during the crypto bubble the fact that nobody knew what crypto was supposed to do helped people pretend it might be cool. Here in the ai bubble, everyone not running an AI scam already fucking hates AI
forgot what his voice sounded like and when I heard that on the earnings call I was like "who is the stoner that they brought on this call to make vague statements"
Eh, depends.
There's a ton of batch compute tasks which can just sit there and process for a while, like simulations and large rendering tasks. But these users often want privacy and low cost. And then there's also a lot of latency sensitive tasks (anything needing real time feedback to the user).
There's companies offering to place a server rack in your home & they pay for its power and internet. For you it acts as a space heater and they don't need to maintain the physical space and cooling. But this is very different from a car computer, eg. different physical security and connectivity
This.
I have a friend who's constantly moving crypto around. He knows it's useless, but "line go up!" so if he times it well his bank account does too, and he's made a lot of money over the last few years. In some ways, not being a true believer helps.
It would be absolutely poetic if there was language allowing the use of the GPU, but no language allowing the use of the owner's electricity.
THAT would be a truly Shakespearean rookie mistake.
(See also: The Merchant of Venice)
