Tesla Stock JUMPS: What in The Heck Is a Digital Optimus?

Okay, we have breaking news just before I start the show this morning. The IEA

has agreed to release 400 million barrels of oil to address the Iran war supply disruption. And this of course

supply disruption. And this of course will allow will create a a massive improvement in the location of oil

around the world. Uh, one article that I read said that this will give a full month of uh, relief to the situation.

It'd be interesting at the end of the show today, of course, we'll look at where oil prices are and see what impact this is having. All right, what other news have we got today? Well, we have

the Tesla seems to be taking over micro hard. What do we mean? Tesla's massive

hard. What do we mean? Tesla's massive

stock increase that you won't hear about, although today is a particularly good day. And then China's total sales

good day. And then China's total sales numbers uh have a huge beat. Maybe that

has something to do with why Tesla's up so much. Or maybe it's all three.

so much. Or maybe it's all three.

Anyway, uh Ming from Tesla Tesla Ming from Tesla Ming Ming from Tesla Ming says that uh just a second here. I just

have to uh that according to Business Insider XAI's macro hard project has hit a significant standill following a wave of

high-profile departures and internal restructuring.

In a strategic pivot, much of the project's workload and computing resources have reportedly been diverted to Tesla's autopilot team to accelerate

an AI agent known as Digital Optimus.

This new initiative aims to develop an agent capable of autonomous software interaction and real time decisionmaking, leaning heavily on the

technical architecture of Tesla's FSD system. This is huge. More of this will

system. This is huge. More of this will be coming out, I'm sure, all day. Maybe

this will be a great subject matter later in the day for Jeff Lutz. All

right. Ming says Tesla Ming also says that Tesla's Shanghai Gigafactory reported a strong start to the year with 58,600

vehicles delivered in February, which is a 91% jump compared to the same period last year. Now, let's be real honest

last year. Now, let's be real honest here. Last year in January and February,

here. Last year in January and February, we had the the shutdown uh in order to switch over to the new Model Y. So this

impacted sales last year, but the number the gross number of 58,600 in the month when you had Chinese New Year is very strong. That's an extremely

good number. Out of that uh domestic was

good number. Out of that uh domestic was 38,26 and export was 20,394.

Um well, okay, this is Tesla Mingday. I

guess he's got all the news. Here's a

third one from him. Bill Baroo, the founder and president of Blue Line Capital and Blue Line Futures, has sold Uber,

all of his Uber out of one of his funds.

Still has Uber in the other fund, but he sold uh Uber out of uh one of his funds, and he's replaced it with oh Tesla. He

believes Tesla is a superior superior pure AI play that might also be impacting the stock this morning. Brook

also added that there's still too much unknown regarding how autonomous driver will impact Uber and whether it will ultimately be a company that unties all

various services. This is a very big

various services. This is a very big deal because, you know, we've been talking about Uber today, yesterday. I'm

a big fan of this uh the guy who's running Uber, but listen to this. I keep

talking about all the great deals that he's making, but maybe Baroo is on to something. You see, Tesla's stock has

something. You see, Tesla's stock has risen 74% year-over-year. Bet you didn't know that.

Just another one of those crazy ways of measuring. You want to go back two

measuring. You want to go back two years, 128% up. Five years, 76%. Not

great, but not bad. Year-to- date, down 7% at least before this morning. In

fact, at the last I looked, Tesla was up strongly this morning. Just for fun, I'm going to check in because of the fact that we're doing this particular uh

subject right now. Tesla is uh up this uh I'm sorry, today up 3.15

today. That changes the year to figure

today. That changes the year to figure all the way up to only 6% down. Anyway,

uh we we have uh the NASDAQ only up 38 last time I checked and Tesla up over 3% this morning. Joe Tegmire for more

this morning. Joe Tegmire for more amazing information out of Texas this morning. Cortex 2 at Giga Texas

morning. Cortex 2 at Giga Texas continues its rap progress towards initial operation as confirmed by Elon Musk that we they will begin operations

in April. The approach being employed is

in April. The approach being employed is to complete part one of the mega pack cooling system augmented with temporary chillers and then half of the installed

computer cap cabinetry and setup, then continue to complete the second half while continuing to expand the data center capabilities throughout the

summer and into the fall. This

illustrates what uh is what um uh Tegmire is referring to as the agile and minimum essential capability

methodology. MEC

methodology. MEC Tesla uses whenever they're constructing a new facility, they can get production and product development to accelerate

progress without waiting for the entire facility to be completed. So they get half of it done, phase one, phase two, phase three. We've seen this before.

phase three. We've seen this before.

Dustin says this. US Transportation

Secretary Shawn Duffy. This also might be part of the reason the stock is up this morning because of the meeting that we reported on. I think we were probably the first to have a detailed report on

what happened be uh in uh in DC yesterday uh when uh the NISTA met uh to discuss new regulations and um uh and we

we are very thankful for one of our uh regular watchers uh to have uh participated in that yesterday. US

Transport Transportation Secretary Sean Duffy just killed the narrative that self-driving cars are all about saving your commute. Autonomous vehicle

your commute. Autonomous vehicle transportation is not consumer convenience feature. Rather, we are in a

convenience feature. Rather, we are in a race according to Duffy. Quote, we are in a race. Everyone is trying to have the best technology that will be deployed around the world. End quote.

Whoever controls autonomous execution loop mathematically controls physical movement of global of the global economy. When they will win by flooding

economy. When they will win by flooding international board with domestic compute before anybody else gets there.

And if you fail to build intelligence locally, physical the physical infrastructure instantly will be overwritten by a foreign power.

Now this is this is talking mostly about uh cars right now. But imagine the benefit in terms of trucks when the

autonomous trucks are uh ubiquitous. It

will be a massive strategic advantage to the country that does that. Duffy, I

want the technology, quote, I want the technology to be developed in America and I want the rest of the world to use American technology. Duffy, this is a

American technology. Duffy, this is a national security issue. It's an

economic issue. This is a safety issue.

And according to the author of the article, Duffy's right about safety in ways most people haven't priced in yet.

We know that 40,000 Americans die on the road each year. Distractions, fatigue,

impairment. Tesla's autopilot records one crash per 6.36 million miles driven as we know and natural just a regular old you and me without that enhancement

702,000 miles between crashes. This is

not an a marginal improvement. This is

nine times safer. Insurance industry is already doing the math. Lemonade just

launched their project. We we reported on over and over again where they'll charge only 50% when the car is engaged with FSD.

And because actuarial tables don't lie, safer vehicle means lower premiums. Lower premiums mean faster adoption.

Faster adoption means fewer deaths. And

also on this program, we've been talking about the combination of insurance with your FSD to where maybe your FSD is free. You can look at it that way. is

free. You can look at it that way. is

FSD being free or you pay for the FSD and your insurance is free or something like that. It might be packaged

like that. It might be packaged together. Every year that we delay

together. Every year that we delay autonomous deployment to protect the status quo, 40,000 Americans pay. Once

again, on this channel, we've talked about the idea that meat drivers should be outlawed. The NISTA should give the

be outlawed. The NISTA should give the other manufacturers in the United States three years to come up with something as good well to either use FSD or come up

with something as good as FSD in order to continue to be able to make vehicles.

They did this with uh with uh all kinds of other passive devices which only save 4,000 lives per year and maybe about 12,000 serious injuries. Whereas Tesla

would save 40,000 lives a day and 170,000 serious injuries. The article

goes on to say the first nation to solve generalized autonomy captures the entire global supply chain. This is a formation of the largest infrastructure monopoly in human history.

State the state that achieves endtoend autonomous execution permanently crushes all competing transportation networks.

domestically built AI moving freight, citizens, industrial hardware at zero marginal costs with superior safety. It

matters. Economic leverage becomes insurmountable. It doesn't just secure

insurmountable. It doesn't just secure American jobs. It creates the export

American jobs. It creates the export every other nation is mathematically forced to buy just to remain competitive. Every company will have to

competitive. Every company will have to buy these vehicles just to remain competitive. US government finally

competitive. US government finally recognizing the AI arms race is not confined to data center. It's happening

on the asphalt and in this race second place doesn't exist.

Tesla and so that's you know it's like he really put it together you know the meeting yesterday says that it's not going to necessarily be about the friendship between Duffy the president

and Elon Musk it's going to be more about the the understanding the strategic not aspects of what FSD really

means and this this president and this department of transportation gets it that we need to be strategically ahead of the rest of the world from Tesla

inside. That's Tesla inside. The puzzle

inside. That's Tesla inside. The puzzle

pieces for Tesla FSD in Europe are finally falling into place. Maybe this

is the reason the stocks up this morning.

Um K Roland's chap spotted early. The

new EU regulation, this was being reported everywhere. The ne the new EU

reported everywhere. The ne the new EU regulation 2026-481 appears to remove the old restrictions.

Starting March 24, the 1500 unit limit for autonomous valet parking will be a thing of the past. Why is this big news?

It opens the door for unlimited actually smart summons and it the the RDW deadline on March 20 for FSD supervised suddenly looks close and the EU may

finally be easing restrictions now that the safety data has improved. Could this

be the moment that Europe finally gets uh Never mind. I can't do that. You'll

have to look that one up on your own. I

can't do that on here. All right. This

is This is Randy Cart. Please uh like uh please subscribe. Please do all those

please subscribe. Please do all those things. And then you might want to check

things. And then you might want to check out Nicholas Gibbs. Uh you know, I was uh uh looking uh earlier today and people that he's already had in his

classes, man, they're pumping out the praise. He's talking about what a what a

praise. He's talking about what a what a gentle teacher he is and and caring and loving 72-year-old guy says that and somebody else talking about how they're already using the system. So if you're

interested in getting on on Nick Gibbs class, you need to sign up down below.

Everything's down there that you need.

Please use that link because it's got my name on it and you know it's going to help me out a little bit. Anyway, uh his a end of April class is almost full so you better move quickly if you want to

get in that class. Um, and you know, there'll be a class in May and maybe maybe in June. Uh, but you know, time time is uh Tempest is fidgeting, as my great aunt used to say. Get it? Tempest

is fidgeting. Nick Gibbs says this morning, it's March 11, 2026. Andrew Yang is saying in the next 12 months, we're

about to see mass layoffs due to AI. You

should bookmark this. In the next 12 months, there will not be mass layoffs due to AI, says Nick Gibbs. So, he's

taking the contrarian point of view. I

happen to agree with Nick. So, if you want to bookmark that for both of us, I've been saying all along, these guys are way way ivory towerized. And these

are guys I like, the all-in podcast guys and the and the and the moonshot people.

They think it's going to happen like overnight.

They are not paying attention to traditional small and medium-sized businesses that it's not going to happen overnight. And that is 30 what did we

overnight. And that is 30 what did we say yesterday? 46%

say yesterday? 46% of all of all employment. 80 something%

of all new employees go into work go to work for small business and it's 46 or 47% of the overall economy. So I'm

agreeing here. Now what happened with those CPI numbers this morning? They

came in exactly on the nose. Everybody

got it right. The consumer price index for all Uber consumers consumers increased by.3%

increased by.3% on a seasonally adjusted basis after a 2% rise in January. Over the last 12 months, the all items index increased by 2.4%.

Got to recognize that is a good number.

That is essentially two 2% if you take out the tariffs which are not inflation.

They are price. The index for shelter rose2% in February was the largest factor in the all items monthly increase. And of course we know from so

increase. And of course we know from so many sources that housing prices and rental prices are not going up at 2% month over month. So I don't know where they're getting the numbers. Now the

food index increased by4% over the month and the all as the food at home index food away from home was was up only.3%.

uh the index for all items less food and energy rose. 02% in February and uh

energy rose. 02% in February and uh that's in that when they found out that medical care, apparel, household furnishings, airline fairs, and

education were all up. Things that were down were communication, used cars and trucks, motor vehicle insurance, that's a good one, and personal care were among the major in indices that decreased in

February. The all items increase rose

February. The all items increase rose 2.4% for the 12 months ending February.

So all those were exactly precisely in line with what people were predicting uh including true inflation. They have a a post out this morning that says the official US CPI headline inflation comes

in 2.4 correctly predicted by our data team the same as January and in line with market consensus. They go on to say our data forecast model again correctly

predicted 2.4. We reached the number by

predicted 2.4. We reached the number by aging our data by about 45 days, mapping onto the BLS weights and the categories and then running a regression analysis.

So there will be a spaces he says check out our spaces for more details on how we do this. It will start at 8:00 Pacific Daylight Time. Uh and our that

would be 11:00 Eastern Daylight Time.

And guess who has been invited to be part of that show today? I'll be on there. Uh I have questions.

there. Uh I have questions.

So what about their daily reporting uh uh uh uh in in the you know just the regular report that we do every day up 1.08 overnight. So still hanging out

1.08 overnight. So still hanging out around 1%. Goods though over 2% at this

around 1%. Goods though over 2% at this point 2.176.

Again we're probably figuring a lot of that is tariff. Core however stays down at 1.06.

Services stays down at under five. Let's

call it 0.5. Um, and then under one under at 0.5 and PCE uh almost 2% though on PCE. So that's that's one that

on PCE. So that's that's one that doesn't fit with the rest of everything else we're seeing. So that'll be one of the questions. How come PCE is so high?

the questions. How come PCE is so high?

All right, let's go ahead and see whether Tesla hung on to those increases. Yes, 3.08%

increases. Yes, 3.08% up this morning. $411.54

is where it's trading right now. Now the

Dow Jones actually down 72. The Nasdaq

up.19 and the S&P down.14.

We've got the Magnificent 7 is mixed with Nvidia and Google up along with Tesla and the rest of them are down this morning. We have got the VIX this

morning. We have got the VIX this morning. I'm missing it here. Oh, down

morning. I'm missing it here. Oh, down

another 1.89 2448 kind of middling in terms of its feelings of threat in the world. We have got uh Kathy Woods. ARC

world. We have got uh Kathy Woods. ARC

is up and PayPal is up. Of course, ARC is heavily invested in Tesla. So Tesla

being up so much that probably explains that the rest of them are down and not surprisingly because guess what? Bonds.

Oh yeah, bonds are way up this morning.

So I guess the bond market decided that the CPI report was bad. I guess. I don't

know. There it's up 5.7 basis points back up to almost 4.2. 2 at 4.193.

Uh not a happy not a happy thing. Oil up

$2.39 this morning after that major report that we just gave you that they're going to release all those barrels of oil.

Maybe they still want the United States to release some too. We'll see what happens. Uh up $2.26 bread up about the

happens. Uh up $2.26 bread up about the same $287 sitting at 8564 and $9061.

Natural gas also up 2.8. 81 this

morning, back up to $311.

Gold down 4470 um at 5,197.

Uh silver continues to be out out whichever way gold is going, silver is doing more of this, more of that. So

this morning, silver is down 4.24% back down to $86.

Copper down 0.92 at 589 almost 590. Um

and the dollar is sliding steady.

Uh it's up and it's down and it's all around. No real directionality for the

around. No real directionality for the dollar this morning. You got Bitcoin up 383. Call that unchanged. Uh at 70

383. Call that unchanged. Uh at 70 70,000 384 and Ethereum staying above

2,000 up at 088 today. All right. So,

um, the the headline here is oil ticks higher to $85 as traders await possible historic reserve release. Well, but we got the historic reserve release and oil

is still up. I don't know. Color me

confused. So, what a warning. Tesla's

good news is like across the board. I

won't even know how to create a headline on that because there's so many pieces of good news and the stock is reflecting it this morning uh as it continues up.

All right. Later on today, Jeff Les as mentioned and then after that we'll or that'll be late at 7 o'clock, 7:30.

Earlier in the day, we will have uh Brian Wong has been sending me so many uh uh additional things. I didn't

get into all the things that that Brian's going to want to talk about later today. Uh so many things. Um so

later today. Uh so many things. Um so

don't miss either one of those shows as the day progresses. Um let's see what else. Last night, of course, who do you

else. Last night, of course, who do you think we had on? We had Nicholas Gibbs.

Nicholas and I had a phenomenal time. We

were laughing. We were still laughing when the show ended. We We Anyway, it was a great show. You guys are really loving Nicholas. Uh that uh will be uh

loving Nicholas. Uh that uh will be uh the card that I put up right there. I

had four shows yesterday. There was also the breaking news about Nista. If you

want to go back and check that out, I'll put that card up as well. Um let's see, what else do I want to tell you? Oh,

yeah. I just want to remind you, Nicholas Gibbs, Nicholas Gibbs, go on down and jo you know, you really want to participate in that April class before

it is completely full. You make sure to use my link. All right, that is all I got for you today. It's been great talking to