Jensen Huang owns just 3.6% of Nvidia. His comp package is $2M-$4M/year plus $61M in stock. For the past 31 years, he has been all-in dedicating his work life to Nvidia, and only to Nvidia.

Let that sink in.

It turns out that a CEO expressing extreme political views every half hour is harmful to a consumer brand. wsj.com/business/autos…

$TSLA hasn’t bottomed yet. this is just depressing now.

Tesla co-founder JB Straubel has built an EV-battery colossus in the scrublands of Nevada. He spent the day giving me the first look at everything @redwoodmat has been building.

It starts with *30 acres* of old batteries headed headed for recycling 🧵

The correction is coming in on time; the 2nd half of the year should be explosive as we go through all time highs. Chop, consolidate, and go.

I disengage FSD v12.3.4 whenever it exceeds my safety tolerance. If it gets within inches of a car or curb, or intimidates a car or pedestrian, I disengage. Sure, it may not have hit, but it’s too close. This results in many disengagements per drive, despite v12 being smoother.

Dan and everyone else who expect Elon to give a detailed roadmap about delivery numbers, auto margins etc. and re-affirm the timeline for a consumer, mass-market $25k EV are going to be disappointed. I don't think 'all in on autonomy' is yet well understood.

It'd be exciting for Tesla to retool to all-in robotaxi + Optimus and for direct to consumer sales to return to its Roadster/S/X roots (high price, high margin, low volume). That'd likely be a multi-year transition with a re-rating of its valuation, given the risk cliff.

'The shift in focus to the robotaxi is 'thesis-changing' and could undergo a 'potentially painful transition in ownership base' with EV investors 'throwing in the towel' and 'eventually replaced by AI/tech investors with considerably longer time horizon.' $TSLA

15/x TSMC on AI

'Almost all the AI innovators are working with TSMC to address the insatiable AI-related demand for energy efficient computing power,” said CEO C.C. Wei

“We forecast the revenue contribution from server AI processors to more than double this year and account for

TrendForce: TSMC will boost CoWoS packaging capacity 150% to 40,000 wafers per month by the end of 2024 for Nvidia’s Blackwell platform, while capacity in 2025 could nearly double. Shipments of the GB200 “could exceed millions of units by 2025.” The GB200 and B100 both use more

TSMC’s net profit rose 8.9% year-on-year to NT$225.5 billion (US$7.17 billion) in the 1st quarter

Beat consensus' NT$217.2 billion (US$6.71 billion)

Revenue fell 3.8% to US$18.87 billion, but beat guidance.

Thread 1/x $TSM #semiconductor s #semiconductor
investor.tsmc.com/english/quarte…

$SPY $QQQ

Put to Call ratio chart💙

Every single time we have hit this level it has led to strong rallies

The End

Much love 💙🍌🍌🍌

The fear in this market is funny to me. There have been a lot of ups and downs over the years but we are in a much deserved period of innovation and prosperity yet people want to beat that down because they never put away their umbrellas from 2022.

$NVDA 🚀

What If Fed Rate Hikes Are Actually Sparking US Economic Boom? bloomberg.com/news/articles/…

This is not good. Rohan was incredibly pro Tesla’s mission. $TSLA

$MSFT and Open AI have a $100B data center project planned. $AMZN is projected to spend $150B+ over 15 years. AI Datacenter + Semis infrastructure buildout could be over 1 trillion Dollars+ in the next 10-15 years. See the full video in the connected post.

Biggest executive loss since Zach and Jerome Guillen. This is no longer the Tesla of old.

Bullsh*t. You fired them because they disagreed with you on how to move forward in this difficult period