Why Mark Cuban chose cheaper Kia EV6 over Elon Musk's Tesla electric car
Live Events
(You can now subscribe to our
(You can now subscribe to our Economic Times WhatsApp channel
Billionaire investor Mark Cuban expressed his dislike for Tesla's design elements. During his appearance on "Your Mom's House" podcast in March, when questioned about his preferred vehicle, Cuban, a Tesla owner, surprisingly answered "A Kia. EV6." He additionally stated "I like it. I'm comfortable with it."Whilst still retaining his Tesla ownership, Cuban elaborated: "On the Tesla you've got to find [the turn signal] and push the button… while you're driving. You can't pay attention to the road as much."Speaking favourably about Kia, he remarked: "It doesn't try to be too fancy. Your turn signal is like… a turn signal".Although Cuban is content driving a less expensive Kia EV6, his 15-year-old son disapproves. When Cuban proposed passing down the vehicle for driving practice, his son immediately refused, stating, "It's not cool, Dad." He labelled it a "nerd car." Cuban's reply? "Exactly," he said, accepting the description.Cuban frequently critiques Elon Musk. In an appearance on the "Club Shay Shay" podcast this year, he acknowledged enjoying provoking Musk because he has "really thin skin and it just makes it easy."In a separate discussion this year, Cuban stated "I have no problem throwing Elon under the bus, but I'll save it for when it's truly deserved."Last year, following Musk's request for users to share more constructive content on X, Cuban responded swiftly. "Please post a bit more positive, beautiful or informative content on this platform," the Tesla CEO wrote. Cuban replied "You first".Cuban recently shared a story from an evening at COMDEX, a significant technology exhibition in Las Vegas, where Microsoft co-founder Bill Gates overshadowed him. Cuban described speaking with several women who subsequently departed with Gates, who had recently taken Microsoft public and was becoming prominent in technology. Cuban humorously noted that Bill Gates attracted away "his girls."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
13 minutes ago
- Economic Times
Nvidia CEO Jensen Huang calls AI the ‘greatest equalizer of our time', predicts it will create more millionaires than the internet
Synopsis Nvidia's CEO, Jensen Huang, predicts AI will create more millionaires in the next five years than the internet did in twenty, democratizing wealth creation by making everyone a programmer, artist, and author. He envisions companies operating both physical and digital factories, with small AI teams generating billions in value. Reuters Nvidia's CEO, Jensen Huang, predicts AI will create more millionaires in the next five years than the internet did in twenty, democratizing wealth creation by making everyone a programmer, artist, and author. He envisions companies operating both physical and digital factories, with small AI teams generating billions in value. Nvidia CEO Jensen Huang is no stranger to making bold claims, but his latest prediction might just redefine how we view the next era of innovation. Speaking on the All-In podcast hosted by venture capitalist Chamath Palihapitiya, Huang forecasted that 'AI will create more millionaires in five years than the internet did in 20.' In an era where AI is evolving faster than policy and public understanding can keep pace, Huang's perspective offers both a reality check and a roadmap for those hoping to ride the next tech wave. The takeaway? The AI revolution is already here, and those who don't adapt may be left behind. When asked why he calls AI the 'greatest technology equaliser,' Huang responded with a transformative view: 'Everybody is a programmer now.' According to the Nvidia CEO, the traditional gatekeeping of coding languages like C++ or Python has faded. With AI interfaces, people now only need to express an idea in natural language to create something powerful. 'Everybody is an artist now; everybody is an author now,' Huang said, explaining that AI bridges the gap between imagination and execution. The CEO believes this accessibility will democratize wealth creation, empower creatives, and allow smaller teams to deliver enterprise-level impact. Huang believes that in the near future, every company will operate two factories—one physical and one digital. 'Tesla builds cars in one factory, and in another, it builds the AI that powers them,' he explained. This model, he claims, will soon apply to every major industrial business, not just tech startups. And the scale? Staggering. Nvidia plans to produce about $500 billion worth of AI supercomputers in Arizona and Texas over the next four years. These machines are expected to drive trillions in economic value across industries. In a conversation during the Hill and Valley Forum, Huang revealed the financial impact of compact, focused AI teams. Citing examples like OpenAI and China's DeepSeek—each initially staffed with about 150 researchers—Huang estimated these teams can produce value worth $20 to $30 billion, or roughly $200 million per person. 'No industry in history has ever had this kind of leverage,' he asserted, underlining how mid-sized teams, when backed with the right resources, can transform markets at lightning speed. In fact, Huang noted, 'I've created more billionaires on my management team than any CEO in the world. They're doing just fine.' In an unexpected insight into Nvidia's internal culture, Huang also shared his hands-on approach to employee compensation. He confirmed that he personally reviews every proposed salary and stock grant at the company—yes, all 42,000 employees—and uses machine learning to sort through recommendations. '100% of the time, I increase the company's spend on OpEx,' Huang said, 'because you take care of people, and everything else takes care of itself.' And yes, he jokingly added, he does 'carry stock options in his pocket.' Huang issued a word of caution for professionals stuck in old ways. 'Anybody who is not using AI is going to lose their jobs to someone with knowledge of AI,' he said. This wasn't framed as a threat, but rather a reflection of the new baseline in skill development. For those who've long felt tech was inaccessible, AI may offer an unexpected second chance to get ahead. 'The barrier between idea and execution has collapsed,' Huang declared.
NDTV
32 minutes ago
- NDTV
'Hopefully Won't Break Anything': Bill Gates Joins Daughter's AI Fashion Startup Phia For A day
Microsoft co-founder Bill Gates joined his youngest daughter Phoebe's fashion startup as a temporary customer service representative rather than an investor. Phoebe Gates, co-founder and CEO of Phia, asked her father to work a shift assisting users directly. In a long LinkedIn post last week, Mr Gates said he was returning to the startup industry by working for his youngest daughter's company. "I've entered the startup world again..." Mr Gates wrote. "When your daughter asks if you'd be willing to work a shift in customer service at her startup, the only right answer is yes," the tech billionaire wrote. He called the experience eye-opening and explained that frontline positions offered vital insights into corporate operations and customer experience. Mr Gates went on to explain his reasoning for considering a customer service position at his daughter's startup: "I've spent a lot of time contemplating how technology can make systems more efficient, equitable, and accessible." "However, I've learnt over the years that talking directly to the people who use something is the best way to understand how something works," he added. Speaking about Phia's functionality, Mr Gates added that Pheobe and her co-founder Sophia Kianni have "built an app and browser extension" that makes shopping more intelligent by displaying "the best prices, surfacing secondhand options, and showing lower-impact alternatives" among thousands of online merchants. Concluding on an amusing note, Mr Gates wrote, "It's been inspiring to watch them tackle a massive challenge, rethinking the way we shop, by meeting users where they are... Hopefully, I won't break anything (no promises)." Phia is an AI-powered fashion shopping app, which uses artificial intelligence (AI) to analyse the costs of high-end new and used products from 40,000 websites. Earlier this year, Mr Gates said he was hoping to leave his three children less than 1 per cent of his fortune. On the ' Figuring Out With Raj Shamani ' podcast, he said the choices made by wealthy families about their legacy mostly depended on their own values. "It's not a dynasty, I'm not asking them to run Microsoft. I want to give them a chance to have their own earnings and success," Mr Gates said.
Hans India
an hour ago
- Hans India
AI Will Mint More Millionaires in 5 Years Than Internet Did in 20: Nvidia's Jensen Huang
Nvidia CEO Jensen Huang has made a bold prediction: artificial intelligence (AI) will create more millionaires in the next five years than the internet did over the past two decades. Speaking on the All In podcast hosted by venture capitalist Chamath Palihapitiya, Huang joined fellow industry leaders Chase Lochmiller and James Latinsky to discuss the seismic impact AI is set to have on the global economy. Leading a trillion-dollar company at the center of the AI revolution, Huang is in a unique position to understand the technological roadmaps of some of the biggest players in the space. He's privy to early developments at companies led by the likes of Mark Zuckerberg, Elon Musk, and Sam Altman—insider insight that fuels his confident projections. On the issue of AI and job displacement, Huang offered a perspective that counters the typical narrative of machines replacing humans. 'AI in my case is creating jobs; it causes people to create things that other people would like to buy. It drives more growth, more jobs, and all that goes together. AI is the greatest technology equaliser of all time,' he said. His optimism is rooted in the idea that AI democratizes access to technology and creativity. According to Huang, we are at a point where anyone can be a programmer. Traditionally, programming required knowledge of languages like C++ or Python, but today, Huang believes, 'they just need to talk to AI.' The barrier between having an idea and executing it has collapsed, he noted. 'Everybody is an artist now; everybody is an author now,' Huang emphasized, highlighting the merging of creative and technical roles in the AI era. However, he also issued a cautionary note: 'Anybody who is not using AI is going to lose their jobs to someone with knowledge of AI.' Taking his vision further, Huang suggested that the future of every company will include two distinct operational arms—one for the physical product, and the other for the AI systems that power it. 'Tesla, for example, has separate factories for cars and for AI. This will become the norm for every industrial company, not just tech,' he said. On the infrastructure front, Nvidia is preparing to manufacture AI supercomputers worth nearly half a trillion dollars over the next four years in Arizona and Texas. Huang believes this foundational tech will catalyze trillions of dollars in AI-driven industry value. He also pointed to the immense productivity of small AI research teams. Highlighting the example of DeepSeek or OpenAI, he noted that '150 researchers can create $20 to $30 billion in value—that's nearly $200 million per person.' 'No industry in history has ever had this kind of leverage,' Huang concluded, underscoring the unparalleled economic impact AI is poised to deliver.
