Dark Elon Mode Just Activated / xAI Buys X / Trevor Milton's Disgusting Pardon ⚡️

Well, I think a great rug is being done to the people of Tesla and to our customers. Tesla is a peaceful company that has made great cars, great products. That's what it's done. It hasn't harmed anyone. And yet people are committing violence. They're fire-bombing Tesla dealerships. They're shooting guns into stores. They're threatening people. They're issuing death threats against me and another Tesla personnel. What are they doing this for? Why? And what's happening, it seems to me, is they're being fed propaganda by the fall-left. And they believe it. It's really unfortunate. The real problem is not the people, it's not like the crazy guy that fire bombs a Tesla dealership. It's the people pushing the propaganda that caused that guy to do it. Those are the real villains here. And we're going to go after them. And the president's made it clear, we're going to go after them. The ones providing the money, the ones pushing the lies and propaganda, we're going after them.

我认为，对特斯拉的员工和客户造成了巨大的伤害。特斯拉是一家和平的公司，制造了优质的汽车和产品，并没有伤害任何人。然而，现在有人在进行暴力行为，他们对特斯拉的经销店投掷燃烧弹，甚至开枪射击店面，威胁员工，甚至对我和其他特斯拉员工发出死亡威胁。他们这样做是为了什么？为什么会这样？ 在我看来，他们受到极左派的宣传影响，并对此深信不疑。这真是令人遗憾。真正的问题不是那些执行暴力行为的人，而是那些传播这些宣传，怂恿他们去做事情的人。他们才是真正的恶人。我们会追查这些幕后推手。总统已经明确表示，我们要追查那些提供资金和散布谎言与宣传的人。我们一定会采取行动。

And it's been this evolution. I mean, the last administration was going to mandate electric vehicles. And now you see on the far left some efforts to go after electric vehicles. It's quite something. It is ironic. I mean, it seems like the most ironic outcome is most likely. But yeah, I mean- Originally, it's got to take a toll. It does. Yeah. It does. I think there's some real evil out there. And we have to overcome it. So I would recommend it to the whole world. Welcome to Electrified. It's your host, Dylan Lumis. So that was Elon talking with Fox News. And that was the end of a nearly 40-minute segment with some of the Doge team members. In an exclusive interview that I would highly recommend everybody watch if you haven't seen it, I'll have the link below.

这段话可以翻译成中文如下： "这是一种演变。我是说，上届政府要强制推行电动车。而现在你可以看到一些极左的努力反而在针对电动车。这真的很有意思，甚至有点讽刺。看起来最讽刺的结果往往最有可能发生。不过，是的，我的意思是——最初，这会带来一些影响。确实是。我认为世上确实存在一些真正的邪恶，我们必须战胜它。所以我会向全世界推荐这件事。欢迎来到《电气化》节目。我是你的主持人，Dylan Lumis。这段话是Elon在接受福克斯新闻采访时说的。这段采访持续了近40分钟，其中还有一些Doge团队成员的参与。我强烈推荐大家去观看，如果你还没看过的话，我会把链接附在下面。"

This moment right here, I bet some of you recognized it when Elon takes his long pauses. and speaks slowly and clearly, you know that he has shifted into dark Elon mode, call it whatever you want to call it, but the takeaway is he is not playing games. The Tesla AI account said collectively the Tesla fleet has driven more than 3.6 billion miles on FSD, first beta, then supervised 2.16 billion miles in 2024 alone. If you divide 2.16 billion miles by 4 quarters that averages out to about 540 million miles per quarter. Then having a look at Tesla's Q4 slide deck, we can see that the number was, we'll call it 2.8 billion at the end of December last year. Meaning Tesla has added about 800 million miles in effectively less than 1 quarter, and obviously that 800 million mile number is not going to stay the same for all four quarters this year, but even if it did, that's still 3.2 billion miles in 2025 alone.

这个时刻，我敢打赌你们中的一些人会认出，当埃隆（马斯克）慢下来说话时，他会停顿很久，清晰地表达，你知道他已经进入了“黑暗埃隆”模式。你可以叫它任何名字，但重点是他不再开玩笑。特斯拉AI账户提到，特斯拉车队在FSD（全自动驾驶）模式下已经累计行驶超过36亿英里，先是测试版，然后在2024年受监管情况下行驶了21.6亿英里。如果你把这21.6亿英里除以4个季度，平均每个季度大约是5.4亿英里。再看看特斯拉第四季度的幻灯片，我们可以看到截至去年12月底，这个数字是28亿英里。也就是说，特斯拉在不到一个季度的时间里增加了大约8亿英里。显然，这8亿英里的增长在今年整个四个季度不会保持恒定，但即便如此，2025年单单这一年的行驶里程也将达到32亿英里。

But realistically, I would say the fleet has a chance of doing over 4 billion miles in 2025 alone, which again would be up from 2.16 billion in 2024. Translation? We are approaching hockey stick growth trajectory. People love to give Elon a hard time about his timelines specifically around FSD, but let's go back to Master Plan Part 2 for a second. This came out over the summer of 2016, and they said, we expect worldwide regulatory approval will require something on the order of 6 billion miles. Well, we're already at 3.6 billion, and we're likely to do a minimum of 3.2 billion throughout 2025. So we're not across the finish line yet, but for that to be put out in 2016, which is almost hard to fathom what the world was like at that point, that is an incredibly astute prediction.

现实来看，我认为这支车队仅在2025年就有可能跑超过40亿英里的路程，这比2024年的21.6亿英里又有所增长。这意味着我们的增长轨迹正在接近"冰球杆曲线"。人们常常对埃隆的时间表特别是在FSD（全自动驾驶）上的预测持批评态度，但让我们回顾一下2016年夏天发布的《总体规划第二部分》。当时，他们预计全球范围的监管批准需要大约60亿英里的行驶数据。而我们现在已经达到36亿英里，并且在2025年可能至少增加32亿英里。因此，尽管我们还没有到达终点，但这个预言在2016年提出来时可谓极具洞察力，尤其考虑到当时的世界状况。

Shifting gears a bit to a topic that made me somewhat sick today. One Trevor Milton is back on X. What's up guys? Oh my gosh. You won't believe just what happened. Sorry, it's pretty hard for me to talk about, but probably the best day I've had in five years. I just got a call from the president of the United States on my phone, and he signed my full and unconditional pardon of innocence. I am free. The prosecutors can no longer hurt me. They can't destroy my family. They can't rip everything away from me. They can't ruin my life.

调整一下话题，谈谈今天让我感到不太舒服的事情。特雷弗·米尔顿又在X上活跃了。你们好，大家！天哪，你绝对不会相信刚才发生了什么。我很难开口谈这件事，但这可能是我五年来最棒的一天。我刚刚接到了美国总统打来的电话，他签署了我的全面无罪赦免。我自由了。检察官再也不能伤害我了，他们不能摧毁我的家庭，不能夺走我的一切，也不能毁掉我的生活。

Let me stop you right there, pal. You ruined your own life. Not anybody else. At least that's how it should have played out. What was your reason for pardoning Trevor Milton? Highly recommended by many people that was taken advantage of. He did a business deal like in Utah as I have it. And I think he was exonerated and then they brought him into New York. We had a rough, rough road and road. I mean, he was exonerated. It was a big celebration. Again, I don't know him, but they say it was very unfair. And they say the thing that he did wrong was he was one of the first people that supported a gentleman named Donald Trump for president. He supported Trump. He liked Trump. I didn't know him, but he liked him. It was in Utah. And they went after him. They went after his family. They went after his businesses. And he was, I believe, exonerated. And then they went after him again. And they brought him this time into Manhattan. And he had nothing to do with Manhattan. And they got him.

让我在这里打断一下，伙计。是你自己毁了你的人生，不是别人。至少事情本应该是这样发展的。你有何理由赦免特雷弗·米尔顿呢？据说很多被他利用过的人极力推荐。他在犹他州做了一笔生意，据我所知，他被免罪了，然后他们把他带到纽约。我们经历了一段非常艰难的路程。我是说，他被免罪了，这是一场大庆祝。我不认识他，但人们说这非常不公平。他们说他唯一做错的事情是，他是第一个支持一位叫做唐纳德·特朗普当总统的人之一。他支持特朗普，他喜欢特朗普。我不认识他，但他喜欢特朗普。当时在犹他州，他们去针对他，针对他的家庭，针对他的生意。我相信他被免罪了，而他们又再次针对他，并且这次把他带到了曼哈顿，尽管他和曼哈顿没有任何关系，他们抓住了他。

All right. First of all, I did some digging. I found nothing about Trevor Milton ever being exonerated. He was convicted in October of 2022 on one count of securities fraud in two counts of wire fraud for misleading investors, which we covered broadly. Then December 2023, he was sentenced to four years in prison and fined one million dollars. So I don't know if Trump had him confused with somebody else, but no, Trevor Milton was never exonerated. And I will say as far as I can tell, this part in does not preclude civil lawsuits that any investors may pursue against Trevor. This is directly from justice.gov. Milton’s scheme targeted individual non-professional retail investors by making false and misleading statements directly to the investing public. Milton made false claims regarding nearly all aspects of Nicholas business. And we've covered all of this in years past.

好的。首先，我进行了一些调查，没有找到任何关于特雷弗·米尔顿被免罪的消息。他在2022年10月因一项证券欺诈罪和两项电信欺诈罪被判有罪，这些罪名涉及误导投资者，我们对此进行了广泛报道。然后在2023年12月，他被判处四年监禁并被罚款一百万美元。所以我不知道特朗普是否把他和其他人搞混了，但特雷弗·米尔顿从未被免罪。我要说的是，就我所知，这并不排除任何投资者对特雷弗提起民事诉讼的可能性。这些信息直接来自justice.gov。米尔顿的骗局针对的是非专业的零售投资者，他通过向公众直接发表虚假和误导性声明来实施。他对尼古拉公司的几乎所有业务环节都进行了虚假宣传。我们在过去的几年中已经报道过这些内容。

But as a reminder, just one thing Trevor Milton claimed the prototype Nikola 1 was fully functioning and worked, which is really incredible. But in fact, the Nikola 1 prototype was never completed and never functioned. Rather, the prototype was wholly missing significant parts, including gears and motors and the control system. And listen, Trevor didn't just make one mistake, he was doing this misleading for years over and over and over, but the story goes back even further and most people don't know this. Back in 2006, there are stories like this one individual Glenn Pills who bought a business from Trevor Milton. Promises were made, but soon after the purchase, the business became a disaster. Pills said he lost the $300,000 down payment he invested after buying a company from Trevor. This was a security and alarms business. We won't go further into the weeds on this one, but just know all of this information is public.

不过提醒一下，特雷弗·米尔顿曾声称，尼古拉1号原型车是完全可以运作的，这真是难以置信。然而，事实上，尼古拉1号原型车从未完成，也未能运作。相反，这个原型车缺少重要部件，包括齿轮、电机和控制系统。而且，特雷弗不仅仅是犯了一次错误，他多年来反复误导公众，但这个故事还可以追溯得更远，大多数人并不知道。在2006年，有类似的故事，比如一位名叫格伦·皮尔斯的人从特雷弗·米尔顿手中买了一家公司。承诺是有的，但购买后不久，这个企业就变得一团糟。皮尔斯说，他买下特雷弗的公司后，损失了30万美元的首付款。这是一家安保和报警系统公司。我们不会深入细节，但请知晓，这些信息都是公开的。

You can go find it for yourself if you're interested. My point here is Trevor Milton is a pure, bread scam artist. Trevor had the nerve to say this pardon is not just about me, it's about every American who has been railroaded by the government. Excuse me, did the government hold a gun to your head and tell you to sell all of those things to the investors that spent thousands of dollars on this fraudulent business? And then the web gets even mercier we have Brad Bondy who represented Trevor Milton in his securities fraud trial. Who by the way is the brother of Attorney General Pam Bondy. And Trevor and his wife together made contributions last October to Trump's re-election effort totaling over $1.8 million. We won't get into the politics of this, but this is so disappointing.

如果你感兴趣，可以自己去查找相关信息。我要表达的重点是，Trevor Milton 是个彻头彻尾的骗子。他竟然敢说，请求特赦不仅仅是为了他自己，而是为了每一个被政府不公对待的美国人。不好意思，政府是不是用枪指着你的头，逼你向投资者出售那些虚假的东西，让他们花费成千上万的美元投资于这个欺诈业务？更复杂的是，代表Trevor Milton 出庭证券欺诈案的律师Brad Bondy，竟然是前总检察长Pam Bondy的弟弟。而且去年十月，Trevor和他的妻子一起向特朗普的连任活动捐款，总计超过180万美元。我们不去谈论政治，但这实在令人失望。

In my opinion, this is a terrible look for Trump. And at the very least, the optics of this alone look very bad for Pam Bondy and family. Because after all of the fleecing that Trevor Milton did to thousands of retail investors, it's looking like he won't spend one day in jail. So yeah, I'm a bit fired up about this one, but I just cannot find any reason why logically this would be a good moral decision. As it stands now, the only options I see would be a mistake and or corruption. And given any mistake is seemingly not being corrected, I would lean toward the latter. And real quick, I do just want to make one thing clear. Overall, I am still very pleased and excited with the direction of the country right now, but I have never said Trump is a good or moral person, and I have said before he's far from perfect.

在我看来，这对于特朗普来说形象非常差。至少，单从表面来看，这件事情对帕姆·邦迪和她的家人也非常不利。因为尽管特雷弗·米尔顿对成千上万的普通投资者进行了操控，他似乎却不会因此入狱一天。所以，是的，我对此感到非常激动，但我实在找不到任何逻辑上的理由认为这会是一个正确的道德决定。目前看来，我认为唯一的解释是错误或者腐败。鉴于任何错误似乎都没有得到纠正，我倾向于认为是后者。我还想简单说明一下，总体而言，我对国家目前的发展方向感到满意和期待，但我从未说过特朗普是一个好人或者有道德的人，我以前也说过他远非完美。

It's just for me, I always thought Trump was the much better alternative, and I do still firmly believe that. But yes, I'm able to call a spade a spade, and I do think this was a very poor decision with poor judgment, and the optics are terrible for those who know the real story. So no one is perfect, not Elon, and definitely not Trump. See the wall. Definitely see the wall.

这只是我个人的看法，我一直认为特朗普是一个更好的选择，而且我依然坚定地相信这一点。但我也能够实事求是地指出问题，我认为这次决定非常糟糕，判断力也欠佳，对于了解真相的人来说，这看起来非常不妙。所以没有人是完美的，不管是埃隆，还是特朗普。一切都显而易见。真的都显而易见。

All right, all right. There you have it from Kyle Paul. He ran some more testing on this Wiley E. Kio D test with a model Y using hardware for he did it three times and all three times the vehicle stopped on FSD. It did recognize the wall. But with a 2022 model Y in hardware three in FSD 12, it did not. Final take, we're going to let this one go through. If it goes through, 22 model Y, full self driving, hardware three, version 12.6.4, I'm going to get this to maybe 55. There you have it. Great job Kyle on the test.

好的，好的。这是来自凯尔·保罗的测试结果。他对这个Wiley E. Kio D测试进行了一些额外的测试，使用的是配备硬件4的Y型车。他进行了三次测试，每次车辆在全自动驾驶模式下都停下来了，并能够识别到墙壁。而使用2022款Y型车配备硬件3的情况下，在全自动驾驶12版本中却没有停止。最后的看法是，我们准备让这个测试继续进行。如果通过了，22款Y型车，完全自动驾驶，硬件3，版本12.6.4，我打算把这个结论定在可能是55分。凯尔的测试做得很好。

Hardware four against the Wiley E. Kio D. Wall still undefeated hardware three, not looking so great. Obviously this has very little real-world practicality, so not something to be concerned about, but clearly hardware four and the upgrades like the cameras with better resolution, more processing power with hardware four, and just a more robust model overall do of course have benefits. Tesla has secured the top spot as the UK's best-rated car brand for 2025.

硬件四对抗Wiley E. Kio D. Wall，仍然保持不败，而硬件三的表现就不太好了。显然，这在现实世界中的实际用途很有限，所以不必担心。但很明显，硬件四的升级，比如更高分辨率的摄像头、更强的处理能力，以及整体上更强大的模型，确实有很多好处。特斯拉已确保在2025年成为英国评价最高的汽车品牌。

Tesla has also scored high in reliability according to the latest honest John satisfaction index. This based on direct feedback from over 6,000 British motorists. Tesla also claimed second place in the reliability category with a 95% score narrowly trailing Lexus. Tesla's rise to the top of the 2025 satisfaction index reflects the brand's growing loyalty among UK drivers despite lingering concerns over service availability and inconsistent build quality in the past. Tesla owners now report significantly improved experiences across the board.

特斯拉在最新的Honest John满意度指数中也获得了高可靠性的评价。这一结果基于来自超过6000名英国车主的直接反馈。在可靠性类别中，特斯拉以95%的得分取得了第二名，紧随雷克萨斯之后。尽管过去在服务可用性和制造质量一致性方面存在一些问题，但特斯拉在2025年满意度指数中名列前茅，反映了该品牌在英国车主中日益增长的忠诚度。如今，特斯拉车主普遍报告他们的体验有了显著改善。

And remember the UK is one of the only regions that's been reporting sales growth for Tesla for the beginning of this year. Who knows what will come of this one, but Trump has indeed issued a warning to automakers and it's they better not raise car prices because of tariffs. Trump told the executives at the White House would look unfavorably on such a move, but as I said yesterday companies like Ford already losing billions of dollars on their EVs are just not going to be able to eat 25% tariffs. So yeah, it'll be an interesting road ahead.

请记住，英国是今年年初以来特斯拉销量增长的少数地区之一。对于这种情况，谁也不知道会如何发展，但特朗普确实向汽车制造商发出了警告：他们最好不要因为关税而提高汽车价格。特朗普对在白宫会面的高管们表示，这样的举措将不被看好。然而，正如我昨天所说，像福特这样的公司在其电动汽车上已经损失了数十亿美元，实在无法承担25%的关税。因此，未来的路将会很有趣。

Unfortunately right now it seems like every day there are three to five new cases of Tesla vehicle vandalism. Here's another one in Oklahoma City. Here's another in New York. Here's one in California. Here's one in Florida. And those were just over the past 24 hours, but this right here is the type of thinking that we're dealing with. The destruction of property is a perfectly viable source of protest. No harming humans obviously human life is sacred no matter who it is, but property is these are just things.

不幸的是，现在似乎每天都有三到五起特斯拉汽车被故意破坏的案件。这里有一起发生在俄克拉荷马市，另一件在纽约，还有一起在加州，再有一起在佛罗里达。而这仅仅是过去24小时内的情况。我们正在面对这样的思维方式：破坏财产是一种完全合理的抗议方式。当然，不能伤害人类，因为不论是谁，生命都是神圣的，但财产只是一些东西。

These are just cars. Excuse me lady. Okay, if that's the case, well you know what I'm feeling like protesting this very take of yours. So why don't you show me where your vehicle's at so I can go set it on fire. It's you know just a protest no big deal. Give me a break with this stuff. And Elon called it out on X2 saying such hypocrisy. Sharing this post from Ava Fox.

这些只是车而已。不好意思，女士。如果是这样的话，你知道我有点想抗议你这个观点。那么，为什么不让我看看你的车在哪里，我好去把它烧掉。这只是一次抗议，没什么大不了的。拜托，别再说这些了。而且马斯克在X2平台上也指出了这种虚伪，从Ava Fox那里分享了这篇帖子。

As a reminder, this weekend is expected to be quite noisy for Tesla land as the Tesla take down movement is expecting hundreds of demonstrations to take place over the weekend. Going to their website, it says join the March 29th global day of action. Sell your Teslas dump your stock stop musk now. We are tanking Tesla stock price to stop musk. Stopping musk will help save lives and protect our democracy. And they're saying it'll be peaceful so we'll see.

提醒您，预计本周末对于特斯拉来说会比较嘈杂，因为反特斯拉运动计划在这个周末进行数百场示威活动。查看他们的网站显示，加入3月29日的全球行动日。卖掉你的特斯拉，抛售股票，现在就停止马斯克。他们的目标是通过打压特斯拉的股价来阻止马斯克，认为阻止他将有助于拯救生命并保护我们的民主。他们表示这些活动将是和平的，我们拭目以待。

Tesla is taking orders for a new variant of the model Y called the RWD 110, but before anybody gets excited, it's only for the Singapore market named 110 because it only has 110 kilowatts of power down from the 255 on the model Y rear wheel drive. But this isn't that surprising because they did the same thing with the model 3 in Singapore. Tesla doing it this way puts this vehicle in a different category which can save owners nearly $20,000 in road tax over a 10-year period.

特斯拉正在接受一种新款Model Y的订单，这款车名为RWD 110，不过要提醒大家，这仅限于新加坡市场。这款车命名为110是因为它的动力只有110千瓦，相比之下，Model Y后驱版本的动力为255千瓦。不过，这并不令人惊讶，因为特斯拉在新加坡市场曾经对Model 3也采取过类似的策略。通过这样做，这款车被归入了一个不同的类别，这可以让车主在10年内节省近2万美元的道路税。

So it has less power and it's significantly slower but everything else is identical. And it's about $3,000 more affordable up front. This is quite the page turner in Tesla's history but as Sawyer said, the legacy model Y inventory is now pretty much sold out across the entire US. Tech geek Tesla shared a new notification when using FSD. He had a tumbler in his hands and the system said attention monitoring unavailable hands not ready to take over.

所以它的动力较弱，速度也明显更慢，但其他方面都相同。而且起步价便宜了大约3000美元。这在特斯拉的历史中算是一个重要转折点，不过正如Sawyer所说，旧款Model Y的库存在全美几乎都已售罄。科技迷特斯拉分享了一个使用FSD（全自动驾驶）时的新通知。他手上拿着一个杯子，系统提示注意力监测不可用，双手还未准备好接管驾驶。

So yeah another nag scenario but I would not be surprised if this is coming from the regulators. Tesla app updates decompiled the latest software version of the mobile app and there's a new hero image and detail early access. They said curious as to why early access now has a header image attached. Maybe this is setting us up for a more wide net program for unsupervised FSD on customer vehicles. As far as I can tell this has not gone to the production release yet but maybe coming soon.

所以，又是一个唠叨不停的情况，但如果这次是来自监管机构的要求，我也不会感到惊讶。特斯拉应用程序更新反编译了手机应用的最新软件版本，现在有一个新的主要图像和详细信息的提前访问。他们表示，感到好奇为什么提前访问现在有了一个标题图像。这可能是在为在客户车辆上更广泛使用无人监督的全自动驾驶（FSD）计划做好准备。据我所知，这还没有进入生产版本，但可能很快就会实现。

Visual Capitalist put together a chart from Consumer Reports showing maintenance and repair costs by brand. I don't think anyone will be shocked that Tesla is the number one brand when it comes to ownership costs coming in at $5,050 for a total 10-year cost. The beige portion of the bars are the cost for the first five years and the blue portion of the bars is the next five years. Rounding out the top five it's Lincoln, Buick, Toyota and Hyundai.

Visual Capitalist 根据《消费者报告》的数据整理了一张图表，展示了各品牌的维修和保养费用。我想没有人会对特斯拉在车辆总拥有成本上排名第一感到惊讶，十年总费用为5050美元。图表中，柱子浅棕色部分表示前五年的费用，蓝色部分表示接下来五年的费用。排在前五名的还有林肯、别克、丰田和现代。

Saving the best for last Elon posted on XXAI has acquired X in an all stock transaction. The combination values XAI at $80 billion and X at $33 billion which is $45 billion minus $12 billion of debt. XAI and X's futures are intertwined. Today we officially take the step to combine the data, models, compute, distribution, and talent. This combination will unlock immense potential by blending XAI's advanced AI capability and expertise with X's massive reach.

最后的好戏留到最后，埃隆在XX上宣布，以全股票交易收购了X。合并后的估值为XAI为800亿美元，X为330亿美元，其中330亿美元是450亿美元减去120亿美元的债务。XAI和X的未来紧密相连。今天，我们正式采取步骤，整合数据、模型、计算能力、分发资源和人才。这次合并将通过将XAI的先进AI能力和专业知识与X的巨大影响力相结合，释放出巨大的潜力。

The combined company will deliver smarter, more meaningful experiences to billions of people while staying true to our core mission of seeking truth and advancing knowledge. Of course XAI's revenue isn't really public but there were some reports in December of last year saying it was generating around $100 million every year and X by itself has seen quite a rebound in valuation as it was down around $10 billion in September last year.

合并后的公司将为数十亿人提供更智能、更有意义的体验，同时坚持我们追求真理和推动知识进步的核心使命。当然，XAI的收入并未公开，但去年12月有报道称，它每年能创造大约1亿美元的收入，而X的估值也有所回升，去年9月曾下降了约100亿美元。

As a Tesla investor one of the main concerns was that Elon may need to sell more Tesla stock in the future to help fund X so I would say this acquisition would theoretically make that scenario less likely. That's because XAI really hasn't had any problem raising capital so far and I don't think acquiring X is going to change that situation. And sure maybe some XAI investors don't love acquiring X because it brings on that $12 billion of debt but from a long-term perspective I think most people would understand that the data and the platform will be worth it in the long run.

作为特斯拉投资者，其中一个主要担忧是埃隆·马斯克可能需要在未来出售更多特斯拉股票来资助X公司。因此，我认为这次收购理论上会让这种情况不太可能发生。这是因为XAI目前在筹集资金方面没有遇到任何问题，我也不认为收购X公司会改变这种状况。当然，或许有些XAI的投资者不太喜欢收购X公司，因为这意味着要承担120亿美元的债务，但从长远来看，我认为大多数人会理解这些数据和平台的价值在未来将会显现。

So given XAI's valuation and access to capital there's certainly a more clear path now for paying off X's debt over time if they so choose. And of course there was chatter last year that Elon and Tesla might consider taking a stake in XAI to the tune of maybe $5 billion. I've been in favor of Tesla doing this since day one and had they done that invested $5 billion when XAI was only valued at around $30 billion they could have owned 15% of the company.

鉴于XAI的估值和资本获取能力，现在如果他们选择偿还X的债务，显然有一个更加清晰的路径。当然，去年有传言说埃隆·马斯克和特斯拉可能会考虑参股XAI，大约可以投入50亿美元。我从一开始就赞成特斯拉这样做，如果他们在XAI估值仅为约300亿美元时投资50亿美元，就可以拥有这家公司15%的股份。

They being Tesla and us shareholders. But now at current valuations that same $5 billion would only get us about 6% of XAI. So I'm certainly not writing off the possibility of this Tesla investment happening in the future but the longer it goes on in the more time passes the higher the XAI valuation climbs and the less sense it's going to make for Tesla. So don't misunderstand me I'm not saying that door is already closed but the door is slowly being shut.

这句话的意思是：这里提到的“他们”指的是特斯拉，而“我们”是指股东。然而，按照目前的估值，相同的50亿美元只能买到XAI大约6%的股份。所以我并不排除未来特斯拉进行这项投资的可能性，但时间拖得越久，XAI的估值就会越高，对特斯拉来说就会变得越来越不划算。所以请不要误解我的意思，我并不是说这扇门已经关上了，但这扇门正在慢慢关闭。

But congrats to XAI and the X teams this does appear to be a great synergistic move that will undoubtedly shake up the AI and LLM world over the next three years. Grock stands to benefit and that's coming to a Tesla vehicle near you sometime soon and the fears about Elon selling Tesla for X. I would say have been reduced materially by this move. Again not that it's impossible just less likely.

祝贺XAI和X团队，这看起来是一个极具协同效应的举措，毫无疑问在未来三年将会震动人工智能和大模型（LLM）领域。Grock将从中受益，并且这一切很快将会出现在您附近的特斯拉车辆中。至于之前人们对埃隆可能出售特斯拉给X的担忧，我认为这项行动显著降低了这种可能性。当然，这并不是说不可能，只是可能性更小了。

Tesla's stock closed the day at $263.55 down 3.51% while the NDX was down 2.61%. Tesla's volume was 7% above the average. Hope you all have a safe and a wonderful weekend. Please like the video if you did. You can find me on x-link below and a huge thank you to all of my Patreon supporters.

特斯拉的股票收盘时价格为263.55美元，下跌了3.51%，而NDX指数下跌了2.61%。特斯拉的成交量比平均水平高出7%。希望大家周末平安愉快。如果你喜欢这个视频，请点赞。你可以在下面的链接中找到我，并非常感谢我所有的Patreon支持者。