Timothy Cheskie

Tesla Semi's total cost of ownership destroys diesel economics • Electricity costs 60-70% less than diesel per mile • Near-zero maintenance (no diesel aftertreatment, fewer moving parts) • Remote diagnostics = maximized uptime • OTA updates = continuous improvements • Operators will spend less time at service centers and more time on the road The numbers: • Electricity: $0.15-0.25/mile • Diesel: $0.50-0.70/mile Fleet operators achieve positive ROI before their standard diesel replacement cycle

Younger brother came into town for the holidays, we were talking about crypto yesterday. Trying to figure out why it's been so weak, even with strong equity markets. He threw me a curveball. "Crypto isn't that cool anymore." Blew my mind. The kid is 22. "Prediction markets are better, and stocks too because they don't get rugged 24/7". I looked much deeper last night...and what I'm observing under the surface is not technical or fundamental. It's cultural. A social shift. Attention has relocated. Starts on youtube. Views are down across anything related to crypto. A crypto youtuber with 139K subscribers said that his viewership had dropped more in the last 2 weeks than anything he's seen in 5 years. Second point. Attention is shifting from the top. The biggest crypto influencers are publicly "losing interest" in crypto, and switching to stocks (sources attached). Third point. Crypto has long been a free-spirited, lawless, young man's game. But with legacy brokerages like Schwab/JPMorgan getting involved + gov't interest, is crypto losing the demographic that made it popular in the first place? Potentially...as the perception's changed. Fourth point. Optionality. Every vehicle is becoming more accessible. From $COIN adding stock trading, to $HOOD adding 0DTE options, to prediction markets as a whole... Everything's right there...without the perceived risk of a rug-pull via the “lawless” crypto landscape that defined crypto’s appeal in the first place. Question is...does real-world crypto utility generate enough demand to offset a sustained decline in retail participation? All I'm saying is the divergence of the once highly correlated $BTC - $QQQ pair is highly suspect. And it's only getting wider. Yes, you can argue some of these things happen in every crypto bear market, but there's new variables & moving parts now (optionality + legacy brokerages participation + gov't interest) that change the game. Crypto seems to be in a transition phase...from a momentum asset to an infrastructure asset. Fundamental transitions like this are usually not kind to price in the medium term. Long term, I'm bullish on the crypto's utility and think it will be everywhere, but the real world utility/adoption (and subsequent growing pains...) is something I'm watching in 2026.

I will be pushing for a moratorium on the construction of data centers that are powering the unregulated sprint to develop & deploy AI. The moratorium will give democracy a chance to catch up, and ensure that the benefits of technology work for all of us, not just the 1%.