Elon, Inc.

Elon Opens a Restaurant, Strikes a Chip Deal, Dreams of Robots


Listen Later

The growing blowback from years of spreading conspiracy theories, embracing far-right political causes and attempting to dismantle the US government (with calamitous results for millions) might have finally taken its toll on Elon Musk and his companies. Or perhaps not.

Last week’s Tesla earnings call ended on a somber note, with world’s richest man declaring his struggling and divisive electric car company could have  “a few rough quarters” ahead. With revenue down 12% and the political climate for electric vehicles darkening courtesy of his former boss in the White House, who can blame him?

But nothing is ever absolute when it comes to the world’s most famous living native of South Africa. Mere days later, Tesla announced a new $16.5 billion chip deal with Samsung, and over the weekend a now-jolly Musk proclaimed in his usual hyperbolic manner that Tesla might rake in $30 trillion per year from sales of its humanoid robot (yes, with a T). Oh, and on July 21, Tesla opened its first diner in the heart of Hollywood. Alongside a $9 grilled cheese sandwich and a contentious, four-story movie screen, protests immediately followed. 

On this week’s episode Max Chafkin discusses all the latest Tesla news with Bloomberg’s Elon Musk reporter, Dana Hull. The duo also welcome Bloomberg health reporter Ike Swetlitz to hear about the latest from Neuralink, Musk’s brain implant company. In the spirit of Musk’s dreams of robot trillions, that company proclaimed it expects $1 billion in annual revenue by 2031, with chips inserted into 20,000 brains annually. Currently, the number is nine. But maybe a bionic eye will prompt second looks.

Also, Chafkin and Hull take a look at the latest news from Musk’s tunnel company Boring, which just scored a deal to drill a passage in red state Tennessee, from downtown Nashville to the city’s airport. If history is any guide, there might be a hiccup or two.

 

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Elon, Inc.By Bloomberg

  • 3.2
  • 3.2
  • 3.2
  • 3.2
  • 3.2

3.2

146 ratings


More shows like Elon, Inc.

View all
Bloomberg Surveillance by Bloomberg

Bloomberg Surveillance

1,181 Listeners

Bloomberg Intelligence by Bloomberg

Bloomberg Intelligence

406 Listeners

Bloomberg Businessweek by Bloomberg

Bloomberg Businessweek

434 Listeners

Masters in Business by Bloomberg

Masters in Business

2,176 Listeners

Trumponomics by Bloomberg

Trumponomics

350 Listeners

Odd Lots by Bloomberg

Odd Lots

1,919 Listeners

Foundering by Bloomberg

Foundering

966 Listeners

Trillions by Bloomberg

Trillions

195 Listeners

Here's Why by Bloomberg

Here's Why

60 Listeners

Out of Office by Bloomberg

Out of Office

31 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

424 Listeners

The Big Take by Bloomberg

The Big Take

156 Listeners

Listen to the Story by Bloomberg

Listen to the Story

4 Listeners

Into the Metaverse by Bloomberg Intelligence

Into the Metaverse

56 Listeners

The Cable by Bloomberg News

The Cable

2 Listeners

Bloomberg Tech by Bloomberg

Bloomberg Tech

56 Listeners

Bloomberg Opinion by Bloomberg

Bloomberg Opinion

7 Listeners

Zero: The Climate Race by Bloomberg

Zero: The Climate Race

209 Listeners

In the City by Bloomberg

In the City

12 Listeners

Bedrock, USA by iHeartPodcasts and Bloomberg CityLab

Bedrock, USA

232 Listeners

Bloomberg Daybreak: US Edition by Bloomberg

Bloomberg Daybreak: US Edition

76 Listeners

Bloomberg Talks by Bloomberg

Bloomberg Talks

19 Listeners

Bloomberg News Now by Bloomberg

Bloomberg News Now

57 Listeners

The Deal with Alex Rodriguez and Jason Kelly by Bloomberg

The Deal with Alex Rodriguez and Jason Kelly

86 Listeners

Money Stuff: The Podcast by Bloomberg

Money Stuff: The Podcast

377 Listeners

Big Take Asia by Bloomberg

Big Take Asia

25 Listeners

Levittown by Bloomberg, Kaleidoscope and  iHeartPodcasts

Levittown

78 Listeners