Thank you Lord VOL for the godlike short call! The puts have printed bigly! Hell, even this guy had to salute that call! $363 low, they don’t get any better!
BYD is giving everyone their self/smart driving software for free. FSD is likely the only thing keeping the stock price up. My guess is that Tesla will have a DeepSeek moment where all of the sudden, the software becomes free and open source. Now granted, I understand that for regulation purposes, you can't have everyone running their own FSD version on the roads, but if BYD can offer it for free, this likely kills the revenue model for Tesla like DeepSeek is likely to kill the valuation of OpenAI. https://electrek.co/2025/02/10/byds-most-affordable-evs-smart-driving-upgrade-free/
“ Sam Altman Rejects Elon Musk’s Offer To Buy OpenAI Control—And Mocks X Molly Bohannon Forbes Staff Molly Bohannon has been a Forbes news reporter since 2023. rejected the offer on X, Musk’s social media site, and mocked the platform.” https://www.forbes.com/sites/mollyb...usks-offer-to-buy-openai-control-and-mocks-x/
I think this is such a dumb offer. $97B based on just previous funding rounds?? So far, there is no business model around AI. And since the general consensus is that any open source models are going to be superior, the value of OpenAI is I think in the clouds, just like the value of Tesla.