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All-In with Chamath, Jason, Sacks & Friedberg

Meta's scorched earth approach to AI, Tesla's future, TikTok bill, FTC bans noncompetes, wealth tax

1685.078 - 1704.971 David Sacks

Second, high interest rates mean that car payments are higher. If you want to finance the purchase of a car, your car payments is going to be a lot higher when interest rates are above 5%. And I think that has been a pretty big headwind for Tesla and really all the car companies over the last year or so. But I would say that I think both of those things are ultimately cyclical.

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