[FRIAM] OpenAI and the fight between Elon and Sam

[Marcus Daniels]

I find the OpenAI purchase attempt strange. He must really have an inferiority complex, since xAI has the hardware now to compete.[1] Or maybe they have the money and brawn but not the brains?

For robotaxis, I’d bet on Waymo not Tesla. Waymo is very conspicuous and popular in San Francisco. 

[1] https://www.datacenterdynamics.com/en/news/xai-raises-another-6bn-including-from-nvidia-and-amd/ <https://www.datacenterdynamics.com/en/news/xai-raises-another-6bn-including-from-nvidia-and-amd/> 

From: Friam <friam-bounces at redfish.com> on behalf of Jon Zingale <jonzingale at gmail.com>
Date: Tuesday, February 11, 2025 at 9:13 AM
To: The Friday Morning Applied Complexity Coffee Group <friam at redfish.com>
Subject: Re: [FRIAM] OpenAI and the fight between Elon and Sam 

"Apparently, Tesla only managed to show profitability last quarter due to unrealized earnings on Bitcoin. Stock is way overvalued." 



Technically, I would put a short-term (let's say 3 year) fair value around $210 or so, but would likely wait to pay $150-$160. Fundamentally, I would like to see the market cap closer to $300 B. 



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