Elon Musk's Basic Economics


Comments • 4 177

  • Underwear Baker
    Underwear Baker Hour ago

    This guy is the new Nikola Tesla

  • Lil Sprout
    Lil Sprout Hour ago


  • Nirvaan Singh
    Nirvaan Singh Day ago

    Lets fix earth .... mars needs more fixing

  • Fine
    Fine 3 days ago

    Why didn't RealLifeLore tell us about the cost to make a Toyota Corolla using all external parts as an example?

  • Sentient2x
    Sentient2x 3 days ago

    Automated cars, space exploration, tunnel making, free energy... open AI... somethings going on back there...

  • Alto's Music Lab
    Alto's Music Lab 4 days ago

    Elon is NOT ALONE, we all want to go, and do, and see, and enjoy.....

  • Max
    Max 5 days ago

    I think

  • John Ta
    John Ta 5 days ago

    thanks for this research

  • V D M G Λ M I N G
    V D M G Λ M I N G 6 days ago

    X.com wasn't bought be confinity they merged

  • Dean Elliott
    Dean Elliott 6 days ago

    iHacked....... Apple insecure products...

  • SergioMartelli
    SergioMartelli 6 days ago

    Elon Musk's greatest folly, challenge, weakness and problem has always been HIS MOUTH.
    Thomas Edison's was his unquenchable greed and evil.

  • Roy K Ald
    Roy K Ald 8 days ago

    Elon launching an ULA rocket in your animation.
    My brain fried trying to understand that. Why would he want to launch a rocket of SpaceX competitor.

  • Avaixus
    Avaixus 8 days ago

    Hover doesn't really fit the theam of this video, Brilliant would have been a better sponser for this.

  • Dimas Laksmana
    Dimas Laksmana 8 days ago +5

    Elon musk is not trying to go to Mars.. he's trying to go home.. Go Elon!

  • Martin Roussev
    Martin Roussev 9 days ago

    i guess we could say this video hasn't dated well :D

  • The Study Buds
    The Study Buds 10 days ago

    Great video!

  • Aravind Nair
    Aravind Nair 11 days ago

    Dan Bilzerian Should watch this.

  • Kessler 2072
    Kessler 2072 11 days ago

    "Basic economics" yet I only heard "supply" once....

  • Ranjit
    Ranjit 11 days ago

    Wendover dont u make new videos anymore.?

  • Brandon Botham
    Brandon Botham 11 days ago

    what a colossal waste of time and resources, this guy has the brain and ethics to probably make the biggest impact that on humanity than anyone ever but hes putting all his energy and resources to going to mars? I mean, honestly who wants to go to mars? why? Its a shit hole planet, he thinks, oh yeah, we are just going to go up and colonize the shit out of it, the hell? Why not try to make an actual difference and improve the lives and well being of people here on earth? I know he does, and he tries, but the amount of time and money hes putting into this fruitless venture of going to a uninhabitable dessert waste land for some childhood fantasy is taking away from what he may actually be able to achieve here on earth. Its his time and money, I get that he can do what he wants with it, I just think its wasted in pursuing this weird fantasy. Think about how much stuff you would have to launch to mars, how long it would take, how much money it would cost and who would really want to live there? The best case scenario is there are a few structures that you could walk around in, you could probably get internet and maybe a few greenhouses, you will never be able to walk outside ever again not wearing a suit. It just sounds more like a punishment to have to go to mars, I just fail to see the point. If you want to live in a desert, there are plenty here on earth that dont require a space suit to walk around in. Whats on mars that he is so interested in? Is there some resource there that Im unaware of? Maybe thats what hes hoping for, some super element he can use to make a battery that will never die or something, that would be pretty sweet actually. A guy as smart as him, there must be something else that hes not telling us about mars, I really hope...

  • GS 5717
    GS 5717 12 days ago

    "Imagine a 2000 dollar car, a 100 dollar laptop, a 70 dollar smartphone. Imagine the demand there would be for those..." Yeah, and imagine the speed of raw materials depletion.

  • Ben Dawn
    Ben Dawn 12 days ago

    I wouldn't trust Elon. Just look at the way he almost ran his companies into the ground.

  • SpExAg
    SpExAg 13 days ago

    Well, rip Elon Musk now. Hope the other shareholders can bring Tesla out of this bankruptcy. Wouldnt like to see a company that has achieved so much just fail.

  • Hiram Bright
    Hiram Bright 14 days ago

    I don't have to imagine. I drive a 2,000 car.


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  • Gmail X
    Gmail X 15 days ago

    In reality - Musk's only talent is sales hype and milking billions in corporate welfare tax dollars. It is all falling apart as I write. He is a fraud.


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  • Albert Richard
    Albert Richard 16 days ago

    If you want 50 million users... hell even 200 million users, come to India

  • Naftaliten
    Naftaliten 16 days ago

    I get that by creating things by yourself make it cheaper but can someone explain me how he reduce the price of a battery?

  • Dalton Agrônomo
    Dalton Agrônomo 17 days ago

    Elon Musk was a genius, but when he started to smoke marijuana, he became in decline. I'm a Brazilian and I live in Brazil.

  • vedant
    vedant 19 days ago

    what if elon musk is not a human and just wants to return to home on mars !!

  • Anna Night
    Anna Night 19 days ago

    wanna kill elon musk this nobody in USA but only a spy from isreal now and burn this dirty Jewish pig scammer in the hell forever

  • Anna Night
    Anna Night 19 days ago

    wanna kill elon musk this nobody in USA but only a spy from isreal now and burn this dirty Jewish pig scammer in the hell forever

  • Anna Night
    Anna Night 19 days ago

    wanna kill elon musk this nobody in USA but only a spy from isreal now and burn this dirty Jewish pig scammer in the hell forever

  • Anna Night
    Anna Night 19 days ago

    wanna kill elon musk this nobody in USA but only a spy from isreal now and burn this dirty Jewish pig scammer in the hell forever

  • Anna Night
    Anna Night 19 days ago

    wanna kill elon musk this nobody in USA but only a spy from isreal now and burn this dirty Jewish pig scammer in the hell forever

  • Anna Night
    Anna Night 19 days ago

    I wanna kill elon musk this nobody in USA but only a spy from isreal now and burn this dirty Jewish pig scammer in the hell forever

  • Schroedter Kinman
    Schroedter Kinman 20 days ago

    Interesting. so if the us government had it's own factories that made materials for space shuttles, it could cut costs in the same way, freeing up more money for other government programs

  • Bryan Santillano
    Bryan Santillano 20 days ago

    So you’re telling me that copying a video and putting it on yours isn’t stealing lmao

  • Illia Manushyn
    Illia Manushyn 20 days ago

    Hi dude, What's your source of information conserning 80% of tesla parts which come from Tesla itself? Could you please share a link?

  • Spacewolfen Fenris
    Spacewolfen Fenris 21 day ago

    Told them Outsourcing is bullshit!

  • MichaTheLight
    MichaTheLight 22 days ago

    Elon Musk isn't so special like some think he does stuff which moves people.
    There are a lot very good people outside but their topics aren't that
    spectacular so they don't get so much attentention:
    But Musk is an interesting combination.
    Good Hardware IQ around 130
    Good Software or having luck and being
    at the right place at the right time
    - nice parents no mental problem impairing
    success and growth
    - fitting challenges to capability
    - favorable natural interests which get
    rewarded by the enviroment
    technics - good --- sociology - bad
    - Being at the right educational place at the right time
    with an mind set of using chances developt in
    quest before.
    - sufficient social IQ do judge which people
    are reliable for a project and which are not
    - perfecting own skill set as part of his complete
    internal reward cycle
    - Being at the right place and time for the right
    business deal --> paypal
    Guy had talent but luck is more decisive
    There are only a few of that people because
    the world and the quest are limited and the
    far greater problem a lot of people get fucked up
    in their childhodd so there potential is ruined
    by their also ruined peers.

  • Carl Herrera
    Carl Herrera 24 days ago

    Love it! Made perfect sense 😀 Go Elon!

  • Mansoor Haque
    Mansoor Haque 25 days ago

    Elon Musk might be an asshole in twitter but this guy is trying to shake the foundations of established order.

  • Razzes Est
    Razzes Est 25 days ago

    This man is a fake ...just like Bill Gate, Jeff Bezos and Richard Branson

  • Glucose Guardian
    Glucose Guardian 25 days ago

    Now imagine every big company doing the same thing, but not only with space.

  • Samuel Rieder
    Samuel Rieder 25 days ago

    Also ich bin mir nicht sicher ob Musk mit seinen Aktionen so schlau agiert.
    Hyperloop ist wirklich dämlich keine Frage. Es ist eine aufgewärmte Idee die es seit Jahren gegeben hat. Diese Idee hat aber Grundlegende Probleme die gelöst werden müssen. Sie hat nicht den Tag Revolutionär verdient.
    Spacex denke ich das es nicht zu doof ist. Wobei ich dagegenhalten muss das es nicht wirklich sinnvoll ist sein Geld in die Besiedelung eines anderen Planeten zu stecken. Man könnte mit diesen Geld wirklich sinnvolle Projekte auf der Welt starten. Die der Menschheit mehr bringen als jede Mauskolonie. Man könnte es in die Gesundheitsforschung stecken, Konzepte gegen den Welthunger entwickeln, Wasserpipelines in die Wüse, konventionelle etablierte Hoch Schreitgeschwindigkeits Zugstrecken bauen etc. pp.
    Natürlich ist es Traurig seine Vision aufzugeben. Jedoch ist es beim Beispiel Hyperloop einfach nur unrealistisch eine Zugtrecke die zigmal mehr kostet an eine Strecke zu bauen die nicht mal einen Hochgeschwindigkeit Zugverbindung hat.
    Ich hoffe das diese Nachricht zum Denken anstößt. Ich freue mich auf Kommentare.

  • sohrab jafari
    sohrab jafari 25 days ago


  • Skemi
    Skemi 26 days ago

    7:18 "real spacetourism would be possible" -not even one year later and with the BFR we are one giant step further in making it become realtity

  • Everybody's Pink Idiot

    Husk eco: get big loans make stupid programs and businesses with less actual value than the loans, but hype them well, the Steve Jobs machine but even less efficient!

  • Mozzy Bear
    Mozzy Bear 27 days ago

    i love elon and what he does just sucks that tesla has never made any money

  • Joshua Jess
    Joshua Jess 29 days ago +1

    thank you Joseph for the economic bit

  • Dubhe Alphamajoris
    Dubhe Alphamajoris Month ago

    Musk for President 2025

  • musikSkool
    musikSkool Month ago

    Wait a minute, if the Military doesn't care what something costs, then why don't they put a base on Mars? True, there is a ban on weapons in space, but without armed officers, space piracy would get out of hand. If the space pirates had weapons, then who is going to punish them for breaking the "no weapons in space" rule? Let me guess... people with weapons.

  • DhageTita
    DhageTita Month ago


  • CZHO
    CZHO Month ago

    Dis cool.

  • David James
    David James Month ago +1

    Is Tesla Skynet?

  • fabi57iamracer
    fabi57iamracer Month ago

    There is nothing on the space, nothing!

  • Stephen Mason
    Stephen Mason Month ago

    Elon Musk's most underrated skill is getting other people to voluntarily mitigate his risk of financial loss. There's one interview where he talks about drawing out all the money he got from PayPal buyout (165 million) to start SpaceX. He says he borrowed money from friends for living expenses during that time. Think about that for a second, a man with 165 million dollars convinced his friends to pay his mortgage LOL now it's just governments

  • Lokesh Reddy
    Lokesh Reddy Month ago

    I am from India and would happily pay at least 20% more than than I would pay for JIO internet knowing i would be helping fund SpaceX to make a better world than pay some conglomerate corporation !

  • C P
    C P Month ago

    Another greedy lying sinful Mystery Babylon liar headed for hell. God is not mocked, evil people reap what they sow. Live like Jesus Christ or you have no eternal hope, just hell.

  • Iblis Azazel
    Iblis Azazel Month ago

    Shhh were in a simulation

  • Vizlox
    Vizlox Month ago

    Petition to hereby call this Elonomics

  • Rich Crosson
    Rich Crosson Month ago

    Saving Earth better investment than going to sandy rock pile Mars

  • Kim Jong Il
    Kim Jong Il Month ago

    You didn't mention that Tesla operate at a massive loss. And SpaceX's profit is guessed at 0.2%.
    I like Musk, he's a visionary, but I wonder how this modern day Howard Hughes can keep it all going.

    THE16THPHANTOM Month ago

    well at least now i know what price inelastic market means by example. and therefore the difference with elastic.. finally. no thanks to my teacher, everything she taught i had to go and google for myself in order to understand which like defeats the purpose of a teacher.

  • ZhiYi Tan
    ZhiYi Tan Month ago

    Im waiting for watching this video on mars comments

  • Glynna Schmehl
    Glynna Schmehl Month ago

    T-t-t-two thousand ? Does it have a cup holder arm rest ? I want a car with a cup holder arm rest.

  • Evren Saygın
    Evren Saygın Month ago

    "Normal people don't buy rocket launchers"
    I would but i can't :(

  • Steven S. Sadleir, Sai

    Well done. Thought you might also enjoy my book Money & Power rense.com/general96/Money&Power.pdf

  • Chris Sanders
    Chris Sanders Month ago

    I like it when he talks about the batteries and anyone that understands AC power knows it will run itself almost like if and Alternator and a Electric motor were some how made together and sustained power could be produced. but that is only if u understand AC power

  • Greg Barnes
    Greg Barnes Month ago

    Fast forward to Sept.2018 and SpaceX have managed to get the cost down to around $50 million now per launch

  • Tomás Pinto
    Tomás Pinto Month ago

    In fact, Musk's first college degree is in Economics, from the University of Pennsylvania.

  • Anand Rai
    Anand Rai Month ago

    Thank you Mr. Channel. This amazingly well done. Had me hooked through out!

  • Mouldy_Lemon
    Mouldy_Lemon Month ago

    get your daddy to pay for everything and then claim you're a genius

  • Fahim Khan
    Fahim Khan Month ago

    X.com bought confinity

  • stevenhs8821
    stevenhs8821 Month ago

    That's strange. Traditionally welding aluminum is considered more difficult than welding steel. Wonder what the issues are/were.

  • Baran a.
    Baran a. Month ago

    Is it daily dose of internet who talks in this video?

  • Ultra_epic_guy
    Ultra_epic_guy Month ago

    Poland can into space

  • Ananya Dobhal
    Ananya Dobhal Month ago

    Instagram: ananya_dobhal
    DM me real quick

  • fairfax blaster
    fairfax blaster Month ago

    There is NO NEED. When resources become SCARCE ENOUGH on Earth, it will THEN become economically SANE to get water and other things out of the asteroid belt.

  • fairfax blaster
    fairfax blaster Month ago

    Musks basic economics: STEAL to get rich. Create PayPal, FREEZE Thousands and thousands of accounts with NO JUSTIFICATION, then earn INterest of that stolen money. THIEF CHEAT LIAR CRIMINAL

  • camhart1
    camhart1 Month ago

    Musk is an absolute hero

  • Lourenço Vieira
    Lourenço Vieira Month ago

    HOLY COW HES 47 I thought he was 32 wth

  • Lourenço Vieira
    Lourenço Vieira Month ago

    Kiss elon musk everyday ok?

  • Vysair
    Vysair Month ago

    SpaceX will be the first humanity's Galactic Empire and I want it to happen. GLORY TO HUMANITY!

  • Jared Fleming
    Jared Fleming Month ago

    Elon Musk is the illusive man.

  • Vasa #22
    Vasa #22 Month ago

    I must say that all of this sounds interesting, very ambitious projects, thinking of solving problems, etc... BUT, while he is trying to get to Mars there are A LOT OF problems down here on Earth like pollution of water and air, global warming, social differences, wars and all other things that seem to be forgotten. So long story short: ambitious - yes, useful - no.

  • Kim Tae
    Kim Tae Month ago

    Can you please make videos on World War 1st and 2nd ? And then how it has resulted in the present World Order? Its a request

  • Randy Parsons
    Randy Parsons Month ago

    Except for the Hyperloop, then basic economics turns into billions of dollars worth of windowless tubes.

  • Andrew Salazar
    Andrew Salazar 2 months ago

    Dude Elon Musk is going to be the richest man in two worlds before he dies. He's going to have a monopoly over space travel and since he's the one building cities on Mars he's going to make every city compatible with his Teslas. Also he has a solar panel industry so he's going to make all the buildings with his solar panels and Jesus Christ this guy is in a league of his own.

  • Tom stringer
    Tom stringer 2 months ago

    hey just wondering, how do you do the research for these videos ??????

  • Cleptuno
    Cleptuno 2 months ago

    Your statement that Elon Musk doesn't want SpaceX to make profit but in order to drive humans to Mars is quite questionable.

  • Frank Cooke
    Frank Cooke 2 months ago

    Stop saying he's Iron Man. Iron Man isn't a massive nerd. And Elon Musk doesn't shoot rockets out of his hands towards brown people.

  • jayle ak peter
    jayle ak peter 2 months ago

    Elon Musk is making everything cheaper... Why is there still people who's against him? Wtf?

    PLVSMXD 2 months ago

    Why does everyone jump to PayPal. They forget that Zip2 was the first business he sold at 28yrs old. Then came PayPal...

  • Andrew Clements
    Andrew Clements 2 months ago

    Elon Musk is so friggin awesome

  • Sotiris Krol
    Sotiris Krol 2 months ago

    I'm normally against corporate subsidies,but musk's companies are so efficient I think we'd ultimately earn more back then we gave them if we subsidized them.

  • Dhruv Singh
    Dhruv Singh 2 months ago +1

    The only field he has left to take over is consumer trucks. Goodbye, Ford and Chevy!