Dave Lee
@heydave7 • 626,917 subscribers
Host of YouTube channel Dave Lee on Investing, TSLA investor since 2012, building with AI.
Videos
Trump: “I will end the electric vehicle mandate on day 1, thereby saving the U.S. auto industry from complete obliteration.”
Dave Lee12,973,559 görüntüleme • 2 yıl önce
“I lost my son essentially. My son Xavier is dead. Killed by the woke mind virus. So I vowed to destroy the woke mind virus after that.” - Elon Musk In this video clip Elon shares the following: • “Gender-affirming care” is child sterilization and mutilation, and is evil. • Identity crises are a normal part of growing up but some adults are manipulating children to think they’re the wrong gender and that by changing their gender it will solve their problems. • Age of consent is important to protect children from taking permanent actions that they will regret later. • Elon was essentially tricked into signing documents for one of his sons. He was told his son would commit suicide otherwise. • It wasn’t explained to him that puberty blockers are actually just sterilization drugs. • Elon lost his son Xavier. That’s when he vowed to destroy the woke mind virus.
Dave Lee1,896,184 görüntüleme • 2 yıl önce
Some investors/analysts argue against including Robotaxi in Tesla's valuation model because they believe that once Tesla achieves unsupervised Full Self-Driving (FSD), other companies will quickly follow suit within two to three years. However, I argue the following: • Tesla likely has a 4-5 year lead in generalized autonomous driving. • Tesla has millions of vehicles that could be potentially deployed into a Robotaxi network once unsupervised FSD is ready. • With a large supply of cars offering quick rides at cheaper prices than Uber and Lyft (no human driver), Tesla's robotaxi network will be extremely difficult to compete against. • Newcomers entering the market years later will struggle to match Tesla's supply density, competitive pricing, and demand, even in a single city. In other words, Tesla’s first mover advantage in the Robotaxi market will likely be very significant and the resulting network effects will make it extremely difficult to compete with for future newcomers to the Robotaxi market.
Dave Lee1,555,164 görüntüleme • 2 yıl önce
Day 3. Finished 5 Tesla Robotaxi rides, 4 Waymo rides, and 1 Uber ride. (See 39-minute edited video below.) Uber is in a tough situation. Classic innovators dilemma. Autonomous ride-hailing clearly is the future, but if Uber invites Waymo then that's working against their human drivers which will hurt Uber's recruiting ability (which they need to keep density especially in suburban areas). But if they don't welcome Waymo, then Uber is toast because people want cheaper/autonomous ride-hailing. Also, if Uber welcomes Waymo and Waymo cars increase then Waymo can just bypass Uber with their own Waymo app. Uber's only "hope" would be if multiple autonomous driving companies come online soon and Uber becomes the ride-hailing marketplace for them. But I think this is unlikely. Autonomous driving is just a really hard problem to solve, and with data and network effects. I think it's a winner-takes-most market. We'll see. But the more I take Tesla's Robotaxi, the more I think it's smoother and better than Waymo. And the more I take Waymo, the more I get pessimistic about Uber's long-term future.
Dave Lee593,390 görüntüleme • 1 yıl önce
I spent the past 2 days taking Robotaxi rides with Emmet Peppers in Austin, TX. At the start he was excited but as an investor he was intentionally trying to be critical and find flaws. We had some interesting discussions on each ride. We both agreed that trying Robotaxi in person is so different than viewing videos online. There's much more to take in and experience in person. At the end, Robotaxi had won Emmet over. Every ride was nearly perfect. It's really hard to believe what Tesla has done.
Dave Lee282,641 görüntüleme • 1 yıl önce
Just booked a Robotaxi ride for start of Day 2. Took 10 seconds to book a ride.
Dave Lee183,043 görüntüleme • 1 yıl önce
Elon has proven himself over and over to be one of the greatest innovators and value-creators of all time.. Yet some people want the Tesla Board to micromanage his hours and police his outside activity. This would be a terrible mistake. You don’t babysit Elon. You treat him like an adult and give him performance-based compensation tied to long-term ambitious milestones (like market cap, revenue/profit, etc). And then expect him to knock it out of the park like he’s done with every other performance-based Tesla compensation plan.
Dave Lee170,202 görüntüleme • 1 yıl önce
Here's the latest education curriculum I've created and I'm helping my kids with. 1). Reading (1.5-2 hours daily) - provide copious amount of books of interest, allow free choice, no coerced minimum reading time. Goal to foster love of reading and knowledge. 2). Tennis and Table Tennis (1.5-2.5 hours daily) - repetition via rallying, drills, form, games, streaks, competition, etc. Long-term tennis goal 10 UTR, long-term table tennis goal 2000 USTTA rating. 3). Math (30 minutes daily) - Kumon math (worksheets, corrections, tests). 4). Writing, spelling, drawing (30-60 minutes daily) - daily spelling tests, free writing time in writing journal, drawing time in drawing journal. 5). Second language (30 minutes daily) - Korean reading, pronunciation, vocabulary and sentences via native tutor Zoom call. 6). Piano (20-30 minutes daily) - practice piano, sight reading, rhythm, songs. 7). Games & Game Design (30-60 minutes daily) - play various video games for exposure and ideas, learn design, vibe coding games with AI. 8). Other - Taekwondo (wife started to teach kids), Golf (using golf simulator), singing (via wife), ChatGPT/AI (throughout day), Skateboarding.
Dave Lee157,894 görüntüleme • 1 yıl önce
NEWS: DeepMind teaches robots to play soccer. In a paper released today Google's DeepMind details how they used Deep Reinforcement Learning (Deep RL) to train low-cost, miniature humanoid robots in dynamic environments, allowing them to play a simplified one-versus-one (1v1) soccer game. The robots, equipped with 20 actuated joints, were initially trained in simulation using the MuJoCo physics engine. Through this training, they learned robust and dynamic movement skills like rapid fall recovery, walking, turning, and kicking. The robots seamlessly transitioned between these skills, even surpassing expectations, and developed a basic strategic understanding of the game. During matches, the trained robots demonstrated agile skills such as turning, kicking moving balls, and dynamic defensive blocking. They quickly combined these skills, showcasing their adaptability and outperforming scripted baselines. The robots walked faster, got up quicker, and kicked faster than their counterparts. Individual skills were first trained in isolation within the simulation environment, and then composed in a self-play setting. The robots successfully transferred these skills to real-world scenarios. Full paper can be found here:
Dave Lee372,039 görüntüleme • 3 yıl önce
Tesla is a world-class execution machine that's systematically expanding into the largest addressable markets in history. • The auto business was just their first act - AI transport and AI labor are where the real massive value creation will happen. • AI Transport will be much larger than the entire traditional auto industry. • Data and network effects will create a virtuous cycle of continuously improving AI driving giving Tesla a competitive advantage. • AI labor will be biggest market of all - even AI transport is just a subset of AI labor. In summary, Tesla's true advantage is their ability to out-execute world-class competitors in massive new markets.
Dave Lee187,984 görüntüleme • 1 yıl önce
Many are confused by Elon Musk's comment that the Tesla's new more affordable model is "a Model Y." Most people think this just means a cheaper, stripped-down trim. In this video, I'll explain my theory: Tesla is actually launching a new, shorter wheelbase Model Y. By doing so, I think Tesla can cut $6-8K off the price (smaller battery, no sunroof, fewer luxury features) and open up a larger addressable market. This would give Tesla THREE Model Y variants (ie., iPhone lineup of Standard, Pro, Pro Max: • Model Y S (Short) - Shorter, fewer features • Model Y (Standard) - Current version we all know • Model Y L (Long) - 6 seats, premium features, higher price This is just speculation on my part, so I could be wrong. What do you think?
Dave Lee128,236 görüntüleme • 1 yıl önce
I’ve added table tennis to my kids’ bedtime routine. I hit with one kid for 15 minutes while the other gets ready for bed and then they swap. Been doing this practically everyday for past 9 months. Good for hand-eye coordination. They seem to enjoy getting run around. 😂
Dave Lee133,088 görüntüleme • 1 yıl önce
Tesla is making a hugely ambitious leap with their upcoming Tesla FSD beta v12 which will use an end-to-end neural network approach for full self driving. Spoke with jimmah to discuss this game-changing move. (video released first on X and then on YouTube in a few hours)
Dave Lee257,771 görüntüleme • 3 yıl önce
Last week's Tesla Shareholder meeting was huge. Tesla's opening a new book focused on FSD and Optimus. Exciting times ahead! • Shareholders overwhelmingly backed Elon as CEO, approving his 2018 compensation plan by a landslide. They want him leading Tesla and creating value. • Shareholders recognize Tesla's future is in FSD and Optimus, despite short-term headwinds. Long-term growth matters most. • This vote reinvigorates Elon to be aggressive with growth plans, especially in AI and robotics. Expect details in master plan four. • Reincorporating in Texas allows for a new compensation plan with super voting shares, potentially increasing Elon's voting power to 25% so he can confidently push forward.
Dave Lee189,453 görüntüleme • 2 yıl önce
I took my wife on some Tesla Robotaxi and Waymo rides. She thought the Tesla Robotaxi was smoother and more comfortable than Waymo. I think it's a combination of several things (Tesla's end-to-end neural net, orders of magnitude more human driving data than Waymo, Model Y more comfortable than Jaguar I-Pace , etc). Here's a 56-minute edited video of the rides with my wife.
Dave Lee110,668 görüntüleme • 1 yıl önce
I’m extremely bullish on the long-term potential of Tesla’s Optimus humanoid robot. • Over-the-air updates for Tesla Optimus will be game-changing, enabling the robot to learn countless new physical skills and abilities with each update. • Unlike non-physical AI, a humanoid robot can translate knowledge into practical, real-world actions, filling a huge gap in AI's usefulness. • The challenge lies in making the robot useful enough to justify its cost, but with the rapid advancements in AI, this seems increasingly achievable. • As the robot's capabilities skyrocket while its price remains stable, demand could grow exponentially.
Dave Lee180,505 görüntüleme • 2 yıl önce
If you're interested in Tesla Robotaxi, Tesla AI or Tesla FSD, then you ought to know about jimmah . He's probably the one person who's done the deepest public dives on Tesla FSD and Tesla AI over the years. In fact, over the past 4 years I've published 40+ videos (!) with James Douma on Tesla AI/FSD (they are all on a playlist on my YouTube channel). I first discovered James Douma a long time ago (maybe almost 8-10 years ago?) on a web forum called . Back then it was one of the only places for early Tesla owners and TSLA investors to discuss issues deeply. While I posted about investing topics, James posted about Tesla Autopilot and its hardware but in a way that was more thorough than anybody else. When I started posting YouTube videos years later, I invited him on my channel to hear his thoughts on Tesla Autopilot/FSD. It was a riveting discussion and I was surprised at how much I could learn from him. I invited him again for another interview on my channel, and once again I was floored by how much I was learning. So over the years, James has been a great resource for me (and many others) to keep pulse on what Tesla is doing with FSD and AI (and even robotics). He doesn't have his own YouTube channel. He doesn't have any paid services or subscriptions. He probably has mixed feelings about so many people knowing about him. But I appreciate his willingness over the years to be available and help the Tesla community by offering his insights and knowledge. Yesterday I spent most of the day with James taking Robotaxi rides and discussion all things Robotaxi: - current state of Robotaxi - quality of Robotaxi rides - possible scaling plans - challenges - comparison to Waymo and others - Tesla AI 5 - and much more Attached is a 2+ hour edited video of our Robotaxi rides and discussion. We also had an hour+ discussion on Optimus humanoid robots that I'll upload as a separate video tomorrow.
Dave Lee104,758 görüntüleme • 1 yıl önce