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## The Tesla Semi Pilot Production Line: A Glimpse into the Future of Electric Trucking

The Tesla Semi, the highly anticipated electric semi-truck from the innovative automaker, has been the subject of much anticipation and speculation. In this article, we'll take a closer look at the pilot production line of the Tesla Semi, offering a unique perspective on the progress and development of this revolutionary vehicle.

### The Pilot Production Building

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The video footage takes us to the Eastern side of the Tesla Semi's pilot production building in Milan, where we witness a bobtail semi-truck pulling up and the driver exiting the Tesla Semi through the suicide doors. As we fly along the Eastern edge of the building, we're struck by the sheer number of Tesla Semis parked in the area, a testament to the company's commitment to this project.

### Fluctuating Numbers and Potential Explanations

One intriguing observation is the fluctuation in the number of Tesla Semis parked on the site. While a month or six weeks ago, the video showed around 30 Tesla Semis, the current count is approximately 20. This discrepancy raises questions about the whereabouts of the missing 10 or so vehicles.

The video offers two potential explanations for this change:

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1. **Endurance Testing and Production Driving**: The Tesla Semi project involves two distinct groups within the company - the Engineering Group, which is responsible for endurance testing, and the Production Group, which handles the transportation of battery packs, drive motors, and Powerwalls between Giga Nevada and the Fremont factory. It's possible that some of the missing Semis have been deployed for these purposes.

2. **Customer Deliveries**: Another possibility is that some of the Tesla Semis have been delivered to customers for testing or permanent use. The head of the Tesla Semi engineering division, Dan Priestly, has mentioned that another customer would receive Tesla Semis later this year, in addition to the previously announced Pepsi order.

### The Giga Semi Construction Site

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As the video progresses, we catch a glimpse of the Giga Semi construction site in the background, providing a tantalizing glimpse of the future production facility for the Tesla Semi.

### Conclusion

The video offers a unique and insightful look into the pilot production line of the Tesla Semi, highlighting the company's commitment to this revolutionary electric semi-truck. The fluctuating numbers of Semis on the site and the potential explanations for their whereabouts add an intriguing layer to the story, leaving us eager to see what the future holds for the Tesla Semi and its impact on the transportation industry.

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## Oscar De La Hoya's Feud with Eddie Hearn

Oscar De La Hoya, the legendary boxer, has been engaged in a long-standing feud with promoter Eddie Hearn. The two have traded barbs and challenged each other to various matchups, with De La Hoya even going so far as to plead with Saudi Arabian authorities to host a 5-on-5 fight between their respective teams.

*"He came out today and said I want to fight Eddie on the card,"* Hearn recounts. *"He's so funny and I'm like, you know, and people say to me, 'you know, like he beat the out you, don't you?' I said, 'the guy was a pound-for-pound great fighter.'"*

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Hearn seems perplexed by De La Hoya's antics, noting that the former boxer is driven more by emotion than clear-headed business decisions. The animosity between the two appears to stem from Hearn's signing of Canelo Alvarez, a fighter who was once closely associated with De La Hoya's Golden Boy Promotions.

*"Canelo took him to call and he come to join me, and like for years he's just, you know, I have this ability to make people's blood pressure rise beyond all kinds of levels, and that's the thing with Oscar,"* Hearn explains.

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The feud has escalated to the point where De La Hoya has publicly challenged Hearn to a fight, even offering to do it for free as a "gift" to the Saudi authorities. Hearn, however, is not amused, stating that he would only consider the fight if he was paid an eight-figure sum.

Despite the animosity, Hearn acknowledges that he and De La Hoya could potentially work together in the future, as he sees the former boxer as a "legend of the sport." However, Hearn notes that De La Hoya's emotional approach to business can be a hindrance to productive collaboration.

## Hearn's Fiction Book Project

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In a surprising twist, Hearn reveals that he has been working on his first-ever fiction book for the past 13.5 years. The book, which he has finally completed, is a complex and multilayered story that delves into themes of history, technology, and the development of future leaders.

*"It's about development of the next leader in the world and how they do it and how they've been doing it for many years, and it's also about how to prevent the end of civilization and how this organization goes about doing it,"* Hearn explains.

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The book features a diverse cast of characters, including Armenians, Assyrians, and Persians, as well as historical figures like Tupac, Carl Marx, and Ayn Rand. Hearn believes that the book will appeal to a wide range of readers, from those interested in history and technology to those who enjoy creative fiction.

*"If you're a creative person, if you like fiction books, if you enjoyed Atlas Shrugged or if you enjoyed Divergent, if you like books like that, I think you're going to enjoy reading this book,"* Hearn says.

Hearn is excited to share his literary creation with the world and is eager to hear readers' reviews and reactions. He has made the book available on platforms like Amazon and Simon & Schuster, and he encourages his supporters to check it out and provide their feedback.

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# The Biggest Losing Fight: Eddie Hearn's Lessons in Promotion

## The Anthony Joshua Upset

One of the biggest losing fights for Eddie Hearn's business was the Anthony Joshua vs. Andy Ruiz Jr. fight at Madison Square Garden. Joshua was the number one fighter in the world, but his original opponent Jarrell Miller failed a drug test just three weeks before the fight. Hearn had to quickly find a replacement, and they went with the "fat guy" Ruiz, who ended up pulling off a huge upset and stopping Joshua.

Hearn was devastated by the loss, saying "I'm like [ __ ] and it's like now matam oh hearn's in trouble matram what are they going to do with our AJ blah blah blah blah blah." The team wanted to know what to do next, and Hearn said they needed to "bounce back" with a big fight.

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## The Lomachenko Gamble

Hearn decided to bring in one of the greatest fighters at the time, Vasyl Lomachenko, to fight in the UK against British lightweight Luke Campbell. Hearn thought this would be a huge event that would help them recover from the Joshua loss, but it ended up flopping on pay-per-view.

Hearn admits this was one of his biggest mistakes, saying "we probably lost a million bucks there as well." He learned a valuable lesson - "don't ever ever make decisions based off emotion again." Hearn's father and CEO would often tease him about that Lomachenko decision.

## The Importance of Entertainment and Storytelling

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Hearn believes that in modern boxing promotion, the entertainment and storytelling aspect is far more important than just the actual matchup of the fighters. He points to the success of promoters like Dana White and Vince McMahon, who have built strong personal brands and narratives around their sports.

Hearn has consciously tried to emulate this approach, becoming the face and voice of his promotion. He runs his own press conferences without notes, spinning stories and narratives on the fly. Hearn sees himself as the "greatest showman" in boxing, comparing his abilities to the late, great promoter Don King.

## Confidence and Self-Promotion

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Hearn is extremely confident in his abilities as a promoter, going so far as to say he believes he is the greatest of all time, second only to the legendary Bob Arum in terms of longevity. He is unapologetic about his self-promotion, saying "if you're great then shout it from the rooftops."

Hearn credits his confidence and willingness to self-promote as key to his success. He believes that in the modern media landscape, creating narratives and interacting directly with fans is more important than just the quality of the fights. Hearn has embraced this approach, making himself the central figure in his promotion.

## A Creative Venture: Hearn's Fiction Novel

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In a surprising revelation, Hearn shared that he has been working on his first fiction novel for the past 13 years. The book, which he has finally completed, is a complex story involving themes of history, secret societies, and the development of future leaders. Hearn is excited to share this creative side project with his audience, believing it will appeal to fans of fiction works like Atlas Shrugged and Divergent.

Hearn sees this novel as a personal passion project, separate from his work in boxing promotion. However, he believes the book's themes of mindset and preventing the end of civilization have parallels to the lessons he has learned in his career. Hearn is eager for readers to discover this new creative side and provide their feedback on the book.

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## The Presidents' Timepieces: A Glimpse into Their Horological Tastes

### Joe Biden's Modest Choices

President Joe Biden's watch collection appears to be quite modest and understated. He is seen wearing a Rolex Datejust 41 on a Jubilee bracelet, as well as an Omega Speedmaster - two iconic and timeless watches that are considered core pieces in any watch enthusiast's collection. These choices reflect a sense of humility and practicality, rather than flashy displays of wealth.

### Donald Trump's Vintage Timepiece

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In contrast, former President Donald Trump is seen wearing a vintage Vacheron Constantin watch, likely an original from 1968 that has been reissued. This historical piece suggests a more traditional and classic taste in watches, though it may not be considered a particularly popular or sought-after model.

### Obama's "Fashion Watches"

President Barack Obama, on the other hand, is known to have worn more "fashion watches" - well-made but not necessarily high-end timepieces. These types of watches are often more affordable and focused on aesthetics rather than technical prowess, reflecting a more casual and accessible approach to watch-wearing.

### Bill Clinton's Langepüre

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Former President Bill Clinton is pictured wearing a Lange & Söhne Langepüre, a dress watch that was originally priced around $40,000 but can now be found on the secondary market for significantly less. This suggests a more discerning and sophisticated taste in watches, though the actual purchase price is unclear.

### JFK's Iconic Rolex

Perhaps the most intriguing presidential watch is the Rolex given to John F. Kennedy by Marilyn Monroe, which has become a legendary and highly valuable timepiece. The story behind this gift and its subsequent fate adds an extra layer of intrigue to the world of presidential horology.

### Other Notable Timepieces

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The collection also includes a Jaeger-LeCoultre Master Compressor, a distinctive diving watch favored by military personnel, as well as a Rolex Day-Date, often referred to as the "President's Watch" due to its association with the office.

Overall, the watches worn by U.S. presidents offer a fascinating glimpse into their personal styles and preferences, as well as the broader evolution of horological trends and the significance of certain timepieces in the public consciousness.

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## The Challenges of Authenticity in the Watch and Collectibles Industry

In the world of watches and collectibles, the issue of authenticity is a constant concern. Back in the day, in Glendel, there was a thriving market for salvage cars that were not properly disclosed as such. This practice eventually became regulated, leading to a more transparent system where the true condition of a vehicle is clearly communicated.

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However, the watch and collectibles industry faces similar challenges when it comes to determining the authenticity of items. The speaker recounts a story of a customer who purchased a watch from him, only to later discover that it was flagged as potentially stolen. This highlights the lack of a centralized system to verify the provenance of watches, leaving buyers vulnerable to potential fraud.

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The speaker suggests that the watch industry could benefit from a grading service similar to what exists in the comic book and video game industries. These services provide a level of credibility and assurance to buyers, allowing them to make informed decisions. The speaker believes that such a system could significantly increase the value of watches, as buyers would be willing to pay a premium for the peace of mind that comes with a trusted authentication.

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The challenge, however, lies in the implementation of such a system. The speaker notes that privacy concerns and the reluctance of industry experts to share their knowledge and expertise could hinder the development of a comprehensive grading service. Additionally, the speaker acknowledges that they themselves are one of the industry's top experts, and may not be inclined to share their knowledge with potential competitors.

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The discussion then shifts to the differences between the gray market and authorized dealers in the watch industry. The speaker explains that authorized dealers are sanctioned by the watch brands to sell their products, while the gray market consists of independent sellers who may not have the same level of trust and credibility. The speaker suggests that a well-established grading service could potentially bridge this gap, allowing gray market sellers to command higher prices for their authenticated watches.

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Overall, the conversation highlights the complexities and challenges faced by the watch and collectibles industry when it comes to ensuring authenticity and building trust with buyers. The potential for a comprehensive grading service is explored, but the practical and logistical hurdles remain significant.

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## The Troubling Decline of Scientific Progress

Contrary to popular rumors, Sabine Hossenfelder's biggest worry isn't pineapple on pizza - it's that scientific progress is slowing down, and that much of what gets published in academia is increasingly ineffective.

### The Paradox of Exponential Growth

At first glance, science appears to be thriving. The number of scientists worldwide has increased rapidly, both in absolute numbers and as a share of the population. Similarly, the number of scientific publications is growing exponentially in almost all fields. This has led many to believe that science is doing just fine, with more papers to discuss, more conferences to attend, and more grants to hire more people.

### The Lack of Economic Impact

[...]

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However, the data tells a different story. Economists measure productivity by comparing inputs (like labor, capital, and technology) with outputs (goods and services that can be sold). This "total factor productivity" shows that despite the steep increase in the number of researchers, the growth in productivity has remained largely constant over the past decades. 

This trend is not limited to the economy as a whole - it can be seen in specific sectors as well. Agricultural yields and the number of new drugs approved by the FDA have both failed to keep pace with the growing number of researchers.

### The Decline of Novelty and Disruptiveness

[...]

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Further studies have found similar patterns when looking at the novelty and disruptiveness of scientific work. The number of new connections between technology sectors in US patents has been declining since the 1960s, while the narrowness of inventions has increased. Analyses of 45 million papers worldwide have shown a noticeable decrease in the number of disruptive ideas, even in top journals like Nature and Science.

### Possible Causes

The decline in scientific progress is not due to a lack of funding. R&D spending as a share of GDP has remained relatively stable over the decades. Nor is it simply a matter of "low-hanging fruit" having been picked - the problem is global and systemic, affecting many different disciplines, countries, and economic sectors.

[...]

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## The Nuclear Renaissance: How Tech Giants are Embracing the Future of Clean Energy

For the longest time, the mere mention of "nuclear" would elicit a resounding "no" from the public. The lingering memories of the Chernobyl disaster in 1986, where 30 people lost their lives, had cast a long shadow over the nuclear industry. However, a remarkable shift is now underway, as tech giants like Microsoft, Google, and Amazon are leading the charge in embracing nuclear energy.

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The data paints a compelling picture. When it comes to safety, nuclear energy emerges as one of the safest sources of power, with only 0.3 deaths per terawatt-hour, far lower than the 24.6 deaths for coal and 18.4 for oil. In terms of cleanliness, nuclear energy also shines, producing significantly less greenhouse gas emissions than fossil fuels.

Moreover, nuclear energy boasts an impressive capacity factor of 92.5%, meaning it can generate electricity consistently and efficiently. This efficiency has not gone unnoticed by the tech giants, who are now actively investing in and partnering with nuclear energy companies.

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Google, for instance, has announced a partnership with Kairos Power to develop small modular reactors, which are designed to be more cost-effective and safer than traditional nuclear plants. Microsoft has entered a 20-year agreement with Constellation Energy to reopen a nuclear plant in Pennsylvania, while Amazon is investing $500 million in X Energy's advanced small modular reactors.

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The driving force behind this shift is the exponential growth in data center demand and the power-hungry nature of artificial intelligence. A single ChatGPT query, for example, uses 10 times more power than a Google search. Data centers are projected to account for 8% of U.S. power consumption by 2030, up from 3% in 2022. This surge in energy demand has prompted tech giants to seek out reliable, clean, and efficient sources of power, and nuclear energy has emerged as a viable solution.

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However, the transition to nuclear energy is not without its challenges. The political landscape and the vested interests of industries that stand to lose from this shift may present obstacles. The underwriting industry, for instance, could face disruption if AI-powered underwriting becomes the norm, threatening the livelihoods of many professionals.

Nonetheless, the tide seems to be turning. As Microsoft's Bill Gates and even Elon Musk have voiced their support for nuclear energy, the tech giants' embrace of this technology may be the catalyst for a broader societal shift. The potential for cost savings and environmental benefits could outweigh the political and industry resistance, paving the way for a nuclear renaissance.

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In conclusion, the tech giants' embrace of nuclear energy signals a significant turning point in the energy landscape. As the world grapples with the growing demand for clean, reliable, and efficient power, the nuclear industry may be poised for a comeback, driven by the innovative spirit and deep pockets of the tech titans.

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# The Surprising Outcome of Decision 2024

## A Closer Look at the Election Results

The 2024 presidential election was a nail-biter, with the final results defying many predictions. Contrary to expectations, Donald Trump emerged victorious with 312 electoral votes, surpassing the 271 threshold needed to secure the presidency.

### Platinum Pollsters Shine

Throughout the election cycle, the decision 2024 team relied on two primary polling sources - Atlas Intel and Rasmussen Reports. These "Platinum Pollsters" proved to be the most accurate, with Atlas Intel's error margin at just 0.8 and Rasmussen's at 0.9. The team praised these pollsters for their commitment to reporting the numbers, rather than shaping a narrative.

> "Words talk, but numbers scream. These are our numbers, damn it."

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In contrast, the team called out other pollsters who were "more full of crap than my grandfather who's been constipated for 3 days."

### Swing State Surprises

The team closely followed the key swing states, and their analysis proved prescient. In North Carolina, they were the first to call the state for Trump, despite concerns about voter suppression due to a natural disaster. Similarly, they were ahead of the major networks in calling Georgia for Trump, citing their detailed quantitative analysis.

The victory in Pennsylvania, which effectively sealed Trump's win, was also carefully considered by the team. They waited to make the call, wanting to ensure the data was definitive before putting their reputation on the line.

### Unexpected Shifts in Blue States

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The team also noted some surprising shifts in traditionally blue states. In New York, Illinois, and California, the Democratic margins were significantly reduced compared to 2020. The team highlighted the Amish vote in Pennsylvania and the immigration issue in Arizona as key factors in these unexpected results.

> "Immigration was up here, women's right to choose and those things as they called that were down here. Not that they didn't matter, but the immigration heat index in Arizona was red hot."

## The Road Ahead

With a Republican-controlled Senate and a potential House majority, the team emphasized the importance of Trump selecting the right cabinet members and avoiding "RINOs" (Republicans in Name Only) to capitalize on the victory.

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However, the team also acknowledged the lingering questions surrounding the 2024 popular vote, where the blue bar appears to have a significant gap compared to 2020. They encouraged viewers to examine the data themselves, as "words talk, but numbers scream."

> "The numbers matter, and the numbers come from real people, not the Talking Heads."

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# The Exodus of Self-Important Celebrities from X

## Celebrities Flee X in Droves, Citing Musk's Involvement in 2024 Election

In the aftermath of Elon Musk's appointment as leader of the newly created Department of Government Efficiency, a number of high-profile celebrities and major brands have announced their departure from the social media platform X, formerly known as Twitter.

The tech mogul's campaign involvement and financial incentives for those who voted for the Republican candidate in the 2024 presidential election have sparked outrage among these self-important figures. They believe their presence on the platform lent credibility to Musk and, by extension, former President Trump's victory.

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> "You being on this platform made no never mind to nobody's vote. Trust and Believe, okay? You leaving X means absolutely nothing."

Celebrities such as Bette Midler, Don Lemon, and Jamie Lee Curtis have all made grand announcements about their departure from the platform. However, the reality is that their absence will go largely unnoticed, as many users were unaware of their presence on X in the first place.

> "Gabrielle Union joins growing list of figures leaving X. Enough is enough," the actress wrote in a lengthy letter. In response, one user commented, "Gabrielle, I did some research and learn that nobody gives a that you are leaving X."

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The Guardian, a news outlet, has also announced its decision to no longer post on X, citing the platform's promotion of "far-right conspiracy theories and racism." However, these so-called "conspiracy theories" often turn out to be the truth, revealed months later. The real reason behind their departure is the fact that Musk is now working with Trump, which the media outlets cannot tolerate.

## The Rise of Blue Sky and the Downfall of Threads

In the wake of the exodus from X, celebrities have flocked to rival social media platforms, with Blue Sky emerging as the new destination of choice. Actors, directors, musicians, and journalists have all joined the platform, hoping to find a "safe space" away from the perceived toxicity of X.

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However, the transition to Blue Sky has not been without its own challenges. The platform is reportedly drowning under the weight of reports, with over 42,000 reports received in the past 24 hours, equating to around 3,000 reports per hour. This influx of reports has prompted the creation of a "Blue Sky Safety" account, which aims to quickly remove the "most harmful content."

> "The left are flocking to their safe space Blue Sky. I will be sharing the best of their derang post exposing their inanity for all to see," says the Libs of Blue Sky account, hinting at the potential for further comedy and drama on the platform.

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The failure of the much-hyped Threads platform, which was touted as an "X killer," has also become evident, as the celebrities have opted for Blue Sky instead. This suggests that the left-leaning echo chamber they sought to create has not gained the traction they had hoped for.

In the end, the departure of these self-important celebrities from X is unlikely to have any significant impact on the platform's success. Instead, their exodus may actually improve the overall experience for users, as they no longer have to contend with the "Trump derangement and nonsense" that these figures often brought to the table.

> "Get lost, goodbye. Don't let the door hit you with the good Lord split you. All right, we good."

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# Investing Wisdom from Joel Greenblatt

## Patience and Valuation

- Greenblatt's book "The Big Secret" was about the importance of patience in investing. He told his students that if they did good valuation work, the market would eventually agree with them, even if it took weeks or years.

- Stocks are ownership shares of businesses, and the market eventually gets the valuation right, even if it takes time. Patience is key.

## Concentration vs. Diversification

- Greenblatt has run concentrated portfolios with just 4-6 stocks, as well as more diversified long-short strategies with hundreds of positions.

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- Both approaches can work, but the concentrated approach is more volatile - you can lose 20-30% of your net worth in a few days. The diversified approach is less volatile but also less likely to produce outsized returns.

- Greenblatt sees value in both approaches, depending on the investor's goals and risk tolerance.

## The Rise of Passive Investing

- Greenblatt believes passive investing is the right solution for most people, as it's very difficult to consistently beat the market.

- However, he still sees opportunities for skilled active investors who can properly value businesses. The rise of passive investing may have actually created more opportunities in some areas.