TSLA is a core holding; considered fairly valued relative to NVDA and supported by strategic supply chain integration.

I currently hold positions in companies like Rocket Lab, Tesla, a very small position in SpaceX right now just because I didn't have a lot of free capital to put into SpaceX. But I love that company.

I'm very excited about that and I'm going to be working on growing that allocation but also Nvidia Palunteer um some micro strategies

the top three public market CEOs in my mind in that space are going to be Elon Jensen and Alex Karp. at this point in time, I feel like Elon's companies and Alex Karp's company are both more fairly valued than Nvidia.

I am probably heavily allocated to Tesla and like you been building my SpaceX position much larger you know position in my portfolio than my Nvidia position

it used to be that there was sort of a zero sum mentality between Elon and Jensen. Elon felt like I'm going to have to build dojo and there wasn't that trust uh between them and that has been something that we've seen erode over time is that Tesla and SpaceX are both using more and more Nvidia hardware over time.

They feel like they can trust Jensen to be able to deliver what it is that they need to accomplish their roadmap.

a lot of Tesla investors have been really upset with Elon because they feel like he's MIA from Tesla.

Elon Musk industries, both Tesla and SpaceX have secured 30 to 40% of the entire Vera Rubin supply for the next couple of years.

They're also sticking Nvidia chips into space first later 2027 which is also huge. But I always >> and they're co-designing those chips with Nvidia. So it's you know there is a deep integration of the engineering teams between Nvidia and SpaceX that are helping to make that a reality.

Um so I don't know that the right framing for investors to think about this is Elon versus Jensen or you know Tesla and SpaceX versus Nvidia over the long term.

In fact, we got a whole section on SpaceX valuations, price targets, modeling Tesla, Tesla versus SpaceX, and different types of ways of overcoming some of the bottlenecks.

and that's why Elon saw it with Terra Fab as clear as day. He was staring him in the face two years ago. It's like, uhoh, Earth, Houston, whatever. We have a problem. We don't have enough chips.

We are cooked. We need 10x the global capacity just to support Optimus.

then the other thing is we learned too is Optimus requires a truckload of memory, way more than a couple of AI5s on it.

he brought up all the transformers he could possibly get his hands on. He parked them in in Giga Austin, Texas. People say, "What the hell is he doing with all of those things?"

Well, he needs them to deploy very large mega pack deployments and everything else.

Same thing with turbines. Didn't he go to Europe to buy one or something? Uh a whole substation energy manufacturing etc.