Episode Transcript
[00:00:00] Speaker A: Imagine I had six kids.
This is going to be helpful to make our life go. Twiggy. You're going to take Susie up to ballet tonight. Just for tonight. She'll be fine. You got a third driver? Solved.
Run your home and your dough like a biblical boss.
Hey, everybody. Welcome back to Abraham's Wallet. It's Steve Emanuel today with a little bit of a summer cold I'm fighting. And we're about to have a very unusual episode here at Abe's Wallet.
I personally think it's super fun and interesting, but today we're going to be talking about cutting edge technology and we're going to end up with an actual business idea that every Abrahamic family could potentially be part of. Now, I know it's kind of a lark, but if you're the kind of person who as soon as the new iWatch Apple Watch comes, comes out, you got, you've got it. You got it already. Because you know everything that's going on and you watch all of the, you're dialed into technology stuff. Well, maybe I'm going to review things that you already know.
If you're one of those people like me, who I don't have all the latest stuff, but I like knowing about it. I think it's interesting and I'd like to kind of feel that I have my finger on the pulse. This is for you. And if you're somebody who's like, really what I want from my life is churning butterfly and having goats in the living room, then you probably won't be interested in this. But I really do believe that it would be possible for there to be hubs of Abrahamic families all over that use this very same idea. And if I could see any one of you in person, I would start having this conversation now. Are you aware of this? Do you know about this? Well, maybe think about this, because I think I'm going to do it, that those are the conversations that I'm having with dads right now. So I thought I'll have a conversation with all of you dads and tell you all of this stuff up front.
So that's our, that's our episode today. We're going to be talking about Tesla and what they're rolling out and what the opportunities might be for us. So that's kind of the, that's kind of the shape of it. If you're not interested in that, I understand. Okay. Now I just want to say this before we go to my conversation with Jeff.
We are still a couple of months away. Yeah, months away. From our retreat, which is coming up August 21 to 23 in Cincinnati.
And I've had conversations this week about this retreat which we're calling the Abrahamic Boot Camp.
And the idea is, listen, the amount of people that we have seen face to face who. Oh, you're the Abraham's Wallet crew. Oh, neat. You listen, the number of people we have actually met and seen face to face compared to the number of listeners in our audience is minuscule. I mean, it's. I've done the math, but it's got to be a fraction of 1%.
So this Abrahamic, what is it called, this Abraham's Wallet Boot camp that we're doing, first of all, you're not going to be getting up at 6am and doing calisthenics. We're just calling it boot camp because we think of it as like an orientation. If you've been listening, you think, man, I want to pursue this, then this is for you. And I just specifically want to invite everybody who we've never heard from and we've never seen you before.
And I know that you think, well, I'm out here in Topeka, Kansas. I live in Carson City, Nevada.
Great, okay. And you think, if I come out to your little thing out in Cincinnati, I don't know anybody, you don't know me. How's that going to go? I just want to say we've had many guys like you come to our events and it goes great.
What you'll find so quickly is, man, I have something in common with these guys that's way deeper than what sports teams we're rooting for.
It's that we want to pursue God and we want to pursue this lifestyle that's described in the scriptures and that doesn't get enough airtime at your local church. So we have many guys. This isn't trying to brag on us, but I will brag on our community. We have many guys who feel like I have more in common with my Abe's Wallet brothers than I feel like I do with the rank and file person sitting beside me on Sunday mornings. So I just want to say, please come out. If you want to check it out or register, go to abrahamswallet.com events. We've got two pages. You can go to events. There's another one, abrahamswallet.com retreat and you can find out about the bootcamp and you can sign up there. Last thing before I go to the conversation is I'm going to be talking with my good old friend Jeff Davenport. He And I both grew up together in Houston.
And there's a. There's a sweet little song in an old Walt Disney movie called Pete's Dragon, and. And I'll never forget this little song. It's a really sweet song. And the kid is singing about his dragon. I think everybody's gonna take his dragon away from him or something. And anyways, there's a song that says, it's not easy to find someone who cares.
It's not easy to find magic in pairs. But now I've got him, I love him, and I'll never let him go because it's not easy.
And I would just like to say Jeff Davenport is like Pete's dragon for me.
I've got him, I love him, and I'll never let him go. He's an old, old, dear friend of mine. We're both interested in this kind of stuff. So if you're interested in what Tesla's doing and in the future of Tesla and what it might mean to your family and stick around, let's go listen to the conversation I haven't with Jeff Davenport. Here we go. Jeff, how are you?
[00:06:11] Speaker B: I'm good.
[00:06:11] Speaker A: A little bit before we go, before we talk about my idea, Steven, our
[00:06:16] Speaker B: car, our big car just died recently, so I've got cars on the brain. I'm taking cars.
[00:06:23] Speaker A: Okay. I want to talk cars with you today. You love cars.
You love cars. You used to subscribe to Car magazine, if I. If I recall.
[00:06:33] Speaker B: Yeah, Car magazine, the magazine for car people.
[00:06:40] Speaker A: I think all of our people are familiar with Ecclesiastes 11. It says, cast your bread upon the waters, for you'll find it after many days. And it says you should send it out in seven or. Or maybe even eight different ways because you don't know what's going to come back. And sometimes faithful stewardship looks like stepping into new opportunities with open eyes.
So we're gonna end up today, as I've already said in the introduction, we're gonna end up with what I think is a small business opportunity for people. So I know that you're gonna be interested, Jeff. All you have to do is listen and react. However you'll react, and ask whatever questions you want and act like you think this is a great idea, which I do. Okay? So I'm gonna break it down this way. I'm gonna tell you about a service, a product, and then the business. That's how I'm gonna do it. So first, let's talk about the service. There is a service that maybe you've Heard of that? Tesla has rolled out to all of its people that currently own their cars.
So years ago, my father in law, Johnny, he had a Tesla early on and I remember at Christmas time being at his house and we all got up one morning and he looked at his phone and he said, oh, my car just got faster.
What do you mean? He said, well, there was a software update last night and so my car got faster because they figured something out.
So if you have a Tesla, it's hooked into the network somehow and they can press a button and sometimes he'll show up and go, oh, the interface is different. I need to relearn how to get around because it's like your car's like
[00:08:20] Speaker B: an app, iOS kind of thing. Like, oh, we got an iOS update.
[00:08:24] Speaker A: Yeah, yeah, yeah. So they have rolled out a new software feature for their cars which you can pay for $99 a month. And it is, I'm sure you've heard of it, full self driving sfv.
And the idea is you can punch in an address and the car will take you there. My Volkswagen Atlas can, can read whether there's a car in front of you and it can read the lines beside you in the lane.
So that's you're halfway home if you've got that and this Carl just does the rest, I'll take the turns for you, et cetera.
Now our friend Tanya Elrod, the second that they made this available, she's in and she, she was with us for Passover and said I don't, I haven't driven myself anywhere in about three months and I don't ever plan on doing it again.
So I have a little experience with this because me and my daughter Ada, we went recently to our, there's a little Tesla place less than a mile that way and we did a, you can, you can sign up to, to get any of their vehicles for an hour and drive. They want you to do this. We did it, we did the big truck.
[00:09:42] Speaker B: Wait, does the guy come with you or are you on your own? Oh cool.
[00:09:46] Speaker A: You're on your own. And if you've got, if you've downloaded the app, they're like, have a great time. And the idea is try out full self driving. I mean they want Americans to get comfortable with idea. So we took it all around town and here's what I have to say about was so awesome because I'm talking with my daughter. We are playing with the interface. If you've ever been in the Tesla when, especially when it's not driving, it's like, we can video games that you steer.
[00:10:19] Speaker B: You steer the car.
[00:10:21] Speaker A: Yes, yes.
So fun. So fun.
One thing that I noticed that I think is of interest to people who are kind of like. I don't know what I think about that is, you know, Elon Musk says you think you like driving, but you don't.
And what he means by that is, I noticed. Oh, we're coming up to a trafficky area. Oh, I can look by the way it's constantly checking on your eyes. There's cameras built into the rear view mirror, which in the cyber truck, there's not. You can't even see out of the back of the car.
So there's no way to turn your head and see. You can't see anything. There's a big wall there. But. So the. The rear view mirror is a. Is a. Is a screen, and it has a camera that's looking at your eye, and it's constantly seeing, are you. Are your eyes up on the. On the traffic? So, you know, there's stories of people, like, who hold a book out in front of them or they put their iPad straight in front of them, whatever.
[00:11:25] Speaker B: Sunglasses with eyes painted on it.
[00:11:28] Speaker A: Yes, there are stories of that.
[00:11:29] Speaker B: Seriously?
[00:11:31] Speaker A: Yes.
[00:11:31] Speaker B: Oh, I was kidding.
[00:11:32] Speaker A: And they're like, please don't do that. Anyhow, they're checking in on you every once in a while, making sure your eyes are. But I'm sitting here talking to my daughter and doing whatever, and I'll see. Oh, there's gonna be traffic area. I don't care.
I just don't care, because I see we're gonna get there at this time.
If there's a slowdown for a minute and a half along the way, I don't care. It's somebody else's problem. It's the truck's problem. You can figure this out. And this thing's changing lanes and going to the fast lanes, and there's different modes that you can do. One is like lazy day. One is normal. There's one called Mad Max where they. It actually tells you if you press Mad Max now, the chances of getting a ticket or crashing increase. If you.
Accidents happen. If you do Mad Max.
[00:12:23] Speaker B: Can I throw this out? So my family and I, we just did a road trip up to Red Lodge, Montana, and we got there, and I was exhausted, and my girl's like, why are you so tired? There is a certain amount of cognitive load that is happening while you're driving. Whether you recognize it or not. You are. I mean, if you're a relatively Good driver. You're paying attention to a thousand things at any moment while going at a high rate of speed.
[00:12:53] Speaker A: Yes.
[00:12:53] Speaker B: It's exhausting. And I think when Elon says we think we like driving, we don't. What he means is we think we like driving because we're picturing driving a two seater Porsche ad around a windy curve with no one around.
That's not where we're driving. It's weighing on us when we drive.
[00:13:15] Speaker A: Right. There's a video of a girl who they've done full self driving in their car. She's with her husband and she's telling us we live in Dallas. We just went to Orlando and we're on our way back. We haven't driven yet. If you do a long trip like that, the car automatically will go, well, we're going to stop at these two superchargers along the way because we're going to run out of steam.
It figures that out for you. And she says, we're just sitting here talking, eating. And she said the idea of now in 12 miles, we have to be sure that we get on I71. All of that is totally removed. And the idea that, okay, well, I think I'm this far on gas. It looks like, okay, I think we can make it past Atlanta. And then we do. She's like, that's all gone from your mind. We're just sitting here writing as passive people talking, reading. I'm reading to my husband. We're like literally eating together.
And it's a very different experience. Okay.
[00:14:17] Speaker B: Like being in a train. It's like being in a train.
[00:14:19] Speaker A: That's exactly right.
Yeah. It was so different being in that being just for one hour. And we had the funniest experience we had done that for one hour. We checked the car back in and we get into my car and my daughter says, kind of feels like a disappointment now that we're driving again.
Like, yeah. And one more thing I have to say about that, if anybody knows me is that instead of moron Siri, who I'm working with through Apple Carplay, who's. She's not good at her job, Grok lives in the Tesla and Grok knows that you're in a cyber cab and he knows that you're using full self driving, et cetera, so you could talk to him about what you're doing in the car at this moment as well as having extended conversations about what. What I have always thought, why doesn't Siri know this? What zip code? What zip code am I in right now and Siri has no idea where you are. It's just crazy. But anyhow, to have Grok in there is terrific. I mean that'll be a major upgrade. Okay. Anyways, that's all I want to say about that, that service, that full self driving as a service.
So now I want to talk about a product that is being rolled out. So you might know this as well. I feel like people know bits of this story, they just don't know how it all connects.
[00:15:48] Speaker B: Yes.
[00:15:49] Speaker A: So you might have heard of Robo Taxi, which is, this is the big thing that Elon is rolling out. The idea is you could have cars, currently made cars in their current configuration which are doing full self driving, some of them monitored and some of them not monitored. That is there might be a human sitting in there and there might not, but you can get, there's a platform called Robo Taxi. You could download a Robo Taxi app. And in Austin, parts of Houston, parts of Dallas and some around the Valley, California. I think Austin is the one with the largest footprint you can currently. You can currently get a ride. Jeff. I am driving to Texas in about an hour and while I'm in Texas on this trip, I am going to be in a Robo Taxi in Houston with 83 year old Linda Manuel. So that will be fun.
[00:16:51] Speaker B: Oh, Stephen. This, that's not. Oh, Stephen, he's.
[00:16:54] Speaker A: There'll be, there'll be plenty of that and I'll be, there'll be shushing and patting with me. Kind of like when you crying baby, shush path.
That's what I'm gonna do.
[00:17:03] Speaker B: Yeah, yeah. And burping. It's Waymo. I mean, how is it different from Waymo? Is it just different brand?
[00:17:08] Speaker A: It is a different brand. Waymo is. Waymo is the same thing. Which is, it's funny because Waymo was first to market with oh, we've got a self driving taxi.
But Tesla is light years ahead of them because they're collecting all the data with all the people who are using full self driving right now.
And I literally saw somebody on X recently saying I'm never doing full self driving because I have thousands of hours of driving experience and a car could never know what I. And I just simply responded with it has millions of hours of experience.
And by the way, if I'm advertising for full self driving, I think the stats currently is that your car driving around is seven times more safe.
7x to humans. And, and Elon says we're going to get that to 10. It's going to be 10 times safer.
And if you've had experiences like I have in the last 24 hours where you're seeing people, you go, do you have a driver's license? Because if you do, I don't know how you got it. And now my comment when I see people who drive poorly is I think full self driving is going to work. I think the fewer of those people out on the roads, the better off we'll all be.
[00:18:36] Speaker B: So you want self driving for you? You really want it for other people?
[00:18:40] Speaker A: Yes, of course. It'd be incredible. So the robo taxi platform, the idea is we could use this self driving thing as a taxi service so that somebody, instead of punching in like I did on the cyber truck, beep, beep, beep. I want to go to this school. I want to go to this ice cream shop. They're doing it on their phone. The car picks them up, it takes them to the place.
Now the great thing about the robo taxi idea, one, you just said you would have drivers.
You know, you've been in New York City with the cabs driving very aggressively and you think, as Jerry Seinfeld said, how long are the shifts that you're on? This guy's gotta be so fatigued he's fallen asleep up there. Hey, buddy, come on. And he's blurry eyed and whatever.
So remove driver fatigue from the scenario. Remove all of the tipping that you do with Uber.
That's all gone.
Remove all of the five star, three star. I'm going to try to act nice to this guy, even though he's weird. I'm kind of uncomfortable because I don't want him to give me a bad rating, et cetera. That's all gone. And let me throw this out, Jeff. This is going to interest you the most because I know you go from city to city and you Uber everywhere.
The robo taxi scenario has proven 70% cheaper than Ubers.
[00:20:12] Speaker B: It would have to.
[00:20:13] Speaker A: Ubers. An Uber ride that will cost 30 to $40 costs 8 to $12.
[00:20:18] Speaker B: Oh, my word.
[00:20:19] Speaker A: Well, there's no people involved.
[00:20:21] Speaker B: Yeah.
[00:20:22] Speaker A: And the. And they, they are making these cars. You might have heard this stat back in the day. It always stuck in my mind. When they first rolled Teslas off the line, they had 11 moving parts in them.
[00:20:34] Speaker B: What?
[00:20:35] Speaker A: So 11?
[00:20:39] Speaker B: Okay, that's crazy.
[00:20:41] Speaker A: It's crazy.
So they, they. I just think I heard this stat that the cars that they're now making, which I'll get to in a second, require 60% less manufacturing even than the, like the model Threes. Or Model X that they made because they're figuring out the simpler this is, the cheaper everything is, the quicker it is off the line, et cetera, et cetera. Love it. So anyways, the product, that's what I'm getting to.
They've now got full self driving and we're working on this robo taxi platform. Now they're rolling out. You might have seen, I just saw a clip from Elon this morning.
They're rolling out a new product. The product, the name of the car they're making is the Cyber Cab.
[00:21:34] Speaker B: Okay, so we've got self driving in a Tesla. Robo taxi is the platform using a Tesla that has self driving. Now we've got something, the next step,
[00:21:43] Speaker A: we've got Cybercab, which is going to run on that robo taxi platform.
And the Cyber Cab is a car that is specifically and only made to make that robo taxi platform go.
[00:21:58] Speaker B: Hmm.
[00:21:59] Speaker A: So the idea of me being in my full self driving cyber truck and getting to maybe, maybe I could farm that out a little bit and pick up a couple of people like I'm a Lyft driver. That's gone. This is a car that from the time it rolls off the line, it's for the robo taxi platform. And Tesla owns all of these.
So they're coming off the line.
The clip I saw was, it was a video of, as you can imagine, as these cars are coming off the line. It was in Austin. As it's coming off the line, the workers are just kind of videoing the cars. There's no driver in them and they come off the line and now they're going out into the world to make a little money. Goodbye, little one.
One of the things that you'll appreciate that I think is really cool is they have figured out we can inject coloring into the like the fiberglass mold that we're making the, the body, body parts out of. So there's no more paint factory at all.
[00:22:59] Speaker B: That's all done, which I think takes a while from what I understand.
[00:23:02] Speaker A: And apparently it's very, it's very capital heavy. We got to make a room. You got to have these, all these special sprayers that never get clogged. And you got all this maintenance on all that stuff. No, done. That's gone.
So it's just crazy. Well, the, the. Let me just describe this cyber cab that they're rolling off now.
The Cyber cabs, I've seen like video tours of these cars. They're two seaters. Their stats say that 80% of all taxis hired are for one or two people.
[00:23:33] Speaker B: I believe that. Yeah.
[00:23:34] Speaker A: They said, we can't tell you what the future is. Maybe we have an eight seater in the future, but right now, all two seaters. Now imagine yourself in your driver's seat, Jeff, with no steering wheel and no pedals.
We're talking about a lot of room for you, babe.
[00:23:52] Speaker B: It's like being on a road trip. My wife's sitting in the passenger seat, I'm sitting in the driver's seat. She has tremendous amounts of.
[00:23:59] Speaker A: She's got her back at her feet. She's got a blanket and a pillow on her side. And you're going, I need every square inch I got here.
[00:24:07] Speaker B: You can't put anything near the pedals here. And I've got a steering wheel and.
[00:24:10] Speaker A: Yeah, yeah, that's right.
So it's. It's kind of a standard. I think it might be a tad shorter, but it's a. It's. It looks like a standard sedan sized car, but it's a two seater.
There's no engine in the front, and the seats are pulled a little bit farther back from the front for safety purposes, et cetera. So you're. The amount of foot room. I think I saw Shaq or somebody getting to one of these cars and they're going like, I've never experienced this much foot room.
Better than first class on an airplane.
[00:24:42] Speaker B: Hey.
[00:24:44] Speaker A: So there's headroom there. It's. It's so simple. Inside this cabin, all that there is pretty much is a 21 inch screen. It's the biggest screen that they've made on any vehicle that's sitting between you. And there's plugins for your USB stuff around.
There's a. There's a hard. It's like a metal wall. It's like when they make this thing in the factory, it's two pieces that they fuse together in the wall behind you. That. So you can't. I've asked. There's no way to cut through this space because I'm thinking, how do I lay all the way back?
[00:25:19] Speaker B: It's a room.
[00:25:21] Speaker A: It's a. It's a room. And the back half, which we think of as the trunk, is voluminous. Jeff. It. It.
They said something like, you could put eight bags of Golf. Eight golf bags of Golf. You can't even put a Golf in a bag.
Eight golf bags. You could stack them up in this trunk area. It's gigantic back there.
So they're now making these cyber cabs and they're deploying them on The Robotaxi platform, as I said, it's cheaper, it's quicker, blah, blah, blah.
Now, I would just like to pose the question, who's taking care of these cars? Once they go out there into the world and somebody spills their latte on the seat, what are they just going to go to the next person?
Well, Jeff, everywhere that there is Robo taxi fleet in operation, they're building Tesla's building a. I don't think they have a name for them yet. A little factory reset place. They automatically come every two hours or every ten trips or whatever. They run through this thing. It's as fast as a car wash for them to go through. And what happens is the doors, which, by the way, you know, the super cool doors, the gull wings on some. I think those are going away.
[00:26:38] Speaker B: They are.
[00:26:38] Speaker A: But on the, on the Cyber Cab, they pivot up from the front.
[00:26:43] Speaker B: That's how they should do.
[00:26:45] Speaker A: Yeah, that's super cool. So they pivot up from the front. When it goes through this machine that's going to wash the car, the doors pivot up and in come the machines, Jeff. And in like 30 seconds, they suck everything. They wipe everything down. The machines leave and the car is out and it's going.
While it's in this place, it's also getting a little something else.
It's getting recharged while it's going through the thing. Because they've now figured this thing out, Jeff, where I can set my phone on top of those magnetic things and it charges without me plugging anything in. They figured that out for the Tesla, Jeff.
[00:27:31] Speaker B: Oh, my word.
[00:27:33] Speaker A: So now there's a pad that's about. Looks like home plate. It's probably smaller than two by two.
And the car can position itself, boink right on top of the exact spot and go. We're getting charged right now. So it's getting charged while it's going through this thing, getting all cleaned out and it's back on the road in no time and it's out making money.
So I'm super eager to experience the cyber cabin on the Robo Taxi platform. Okay.
[00:28:02] Speaker B: And those exist right now in Austin. Like, you could go get a Cyber cab.
[00:28:07] Speaker A: Yes, you can.
And it's actually, you know, where your mother lives in Houston.
They don't come up there. I think 1960 is the top edge of where they'll go in Houston. So I, I definitely, I've seen videos of them at Willowbrook Mall.
[00:28:24] Speaker B: Oh, wow.
[00:28:24] Speaker A: So I will be able to get one and go south from where I'll be.
And when they started it out, when they were rolling it out in Houston, for instance, there were two. There were two cybercats. It was like, okay, yeah, so they're building up numbers everywhere. The reason they're doing this, I was very interested in, like, let's go, let's go. The reason they're doing it in the way that they're controlling this. This emanation, is because they're getting. They're. They're getting laws changed everywhere they go. And they're also getting insurance straightened out everywhere they go. So they can't just go into every state right now because there aren't. Nobody knows what to do with insurance, who owns this car, who's liable, what happens, etc. So they're figuring that stuff out as they go. And then they actually have a schedule for which states they're going to be releasing these in.
So that's kind of coming. You can be on the lookout. And if you Uber ever, I say give it a go. Yeah, okay.
That's the product. All right, now we're getting to the good stuff.
Here's the big reveal. This is the super interesting thing.
These Cyber cabs, as of now, they're all Tesla's fleet.
They say before the end of 2026, they will be selling Cyber Cabs to individuals like you and me.
[00:29:59] Speaker B: Whoa.
[00:30:03] Speaker A: That means a couple of things.
That means that I could have a cyber cab for my own use.
Let's talk. We'll talk about that.
I could also put my Cyber Cab on the Robotaxi platform while my car goes out and makes money.
All Tesla requires. I think they're at like, 25% of your take.
Tesla will take. Because you're on their platform, they find all the jobs for you.
[00:30:35] Speaker B: You. You keep 75%.
[00:30:38] Speaker A: Yes, yes.
[00:30:41] Speaker B: Uber drivers don't get to keep 75%.
[00:30:44] Speaker A: That's right. That's right.
So, okay, let's talk. Let's just talk about what it would mean to have to own one of these puppies.
[00:30:54] Speaker B: You save money on driver's ed. I know that
[00:30:59] Speaker A: having your children driven around would be amazing.
Now, I like the time I get with my kids driving them around, but, Jeff, there are some times when I can't get the kids to the places they need to be and do the thing that I was scheduled to do, or I've got this meeting, or how am I. I need prep time for this thing. I just can't. I don't have an hour to do this round trip to the school.
[00:31:25] Speaker B: Yeah,
[00:31:28] Speaker A: well, I don't know what we're going to name? What's the name of that? What's the name of the little weird robot on Buck Rogers?
[00:31:34] Speaker B: Oh, bdbdb. What's Twiggy.
[00:31:39] Speaker A: Call up Twiggy, say Twiggy, you're gonna take Susie up to ballet tonight? Just for tonight. She'll be fine. You got a third driver solved in your household right there.
What other things come to mind, Jeff, for you, if you just had a car that could just go wherever and did not need a human in the
[00:31:59] Speaker B: car, Go pick up something from Home Depot that's waiting for me.
[00:32:04] Speaker A: Absolutely.
So whether it's Walmart or Kroger or ups. Yeah, Amazon pickups. When we return things with Amazon. We gotta go find a Whole Foods. Yeah, I don't have to find anything. I put it in the car. Tell the car to go to Whole Foods. I'm sure by the time this rolls out, there'll be the parking spot for the pickups of the cyber cabs.
[00:32:29] Speaker B: And the person comes out, the door opens, there it is. They take it, scan it, they're done. I don't have to deal with that.
[00:32:36] Speaker A: That's it.
So, Jeff, you go to the airport a lot, you pay for a lot of parking at the airport.
[00:32:46] Speaker B: Yes.
[00:32:46] Speaker A: Those days will be over.
Matter of fact, Jeff, you would never pay for parking anywhere ever again.
[00:32:55] Speaker B: Okay, so let's say my wife and I go down to Denver sometimes. We'll go down Denver, the nicer restaurant there, but we're always going to have to fight to find some sort of parking. It's going to be 10 bucks.
What happens instead?
[00:33:07] Speaker A: Well, two things could happen. You're going to tell your car when you show up at the shishi restaurant. I think we're going to be here for 90 minutes.
Have a great day, Twiggy.
So Twiggy goes. Got it. Twiggy is, is either going to circle the interstate loop around the city and literally just twiddle its thumbs or it's going to go. Now I'm, it's constantly looking at the robo taxi platform. I think I could fit in these next five rides. And I think I could make you 25 bucks while you're at dinner. What do you think?
[00:33:45] Speaker B: And suddenly I'm thinking, I think we can get appetizers.
[00:33:51] Speaker A: Hey, honey, Twiggy says we can eat a dessert.
[00:33:55] Speaker B: He's got an airport run. Why don't you get yourself a salmon hot Cheeto burrito or whatever.
[00:34:06] Speaker A: Anyways, that sounds incredible to me.
[00:34:08] Speaker B: Yes.
[00:34:09] Speaker A: So not only could it handle your airport Run and then drive itself all the way back to your home on Sylvester Court, whatever it is, and find its little magnetic spot. Boop. I'll just recharge here while Jeff's in Seattle. And when Jeff returns himself.
And when Jeff returns, oh, I'll be there, Jeff. I'll be waiting for you when you get off that airplane. I'll be there.
Let me just shoot this a little bit even more forward, because my intention.
My intention, Jeff, is to get one of these that sits in my driveway here in Cincinnati and to get one that sits in mother's driveway. Driveway in Houston, Texas.
[00:34:52] Speaker B: Oh, Stephen, that thing is just gonna start a fire.
[00:34:56] Speaker A: Well, let's talk about that. So she. She's going to freak out about that. At first.
It's going to be making money. She's going to see it, comes home every day. It's.
And then she's going to. It's going to be rainy and thundering. By the way, Tanya says it doesn't matter what the weather is. This thing is reading everything all the time. She says you're driving through snow and people are spinning out where your car is doing all the math in its head and going, can't let the wheels spin. We're not going to do that. So it'll just slow down on the turns, and there's no mistakes because it has millions and millions of hours of experience, Jeff. Yeah.
[00:35:36] Speaker B: Yeah.
[00:35:37] Speaker A: So eventually, as mother ages and as she sees the dependability of this thing, at some point she's going to go, well, maybe the.
Maybe that cyber cab could just take me to church today. And I'll say, it could, it could, and it'll be there when you get out. So they say that, like, children and old people is going to be a major feature of this thing.
What I was going to say is, I intend to have one in my mother's driveway, Jeff. I like to occasionally go to the College Station to see how the Texas Aggies are performing.
It could drive from her driveway to pick me up in College Station and be my ride in College Station. And then when I fly out, it goes back to Houston. Yeah.
[00:36:33] Speaker B: This is amazing. With them to their house, who's going home? Make a couple of bucks.
[00:36:37] Speaker A: That's right.
And I think of, well, we drive to Florida.
I've asked all these questions, so I know this for sure. You could get into this machine. You could, if you want, put tarps on all the windows so that there's no information coming to you from the road whatsoever. You could lay mattresses across the seats.
You could put on movies and just sit there and veg out and do whatever you want to do. You could sleep overnight.
And it appears in Florida the next morning, goes, well, where we're at the beach. Everything good?
[00:37:17] Speaker B: I mean, and you're not exhausted?
[00:37:21] Speaker A: I can't wait. I'm so excited. So, okay, here's the thing.
Let's get to the money, shall we? Yes.
These things are going to cost around 30 grand each, Jeff.
So, you know, you can spend anywhere from 35 to 85 on a. On a Tesla right now. Yeah, these things cost 30 grand. They're the simplest made things they've ever made.
There's no. We don't have to do any gear from the steering wheel that goes down to the axle. And. No, we don't do any of that. It's very simple.
It's run by this machine and this battery.
They project that in the first year, they're going to. If you own one of these and you give it something like six hours a day to go make money for you, that in the first year, it'll make between 30 and $50,000, paid for.
So in my mind, let's think conservatively. It'll pay for itself in one year.
[00:38:26] Speaker B: Oh, my word.
[00:38:27] Speaker A: They say that we're making these two. We want it to be zero maintenance for five years.
They think that for the lifetime of the vehicle, it could make you $500,000.
[00:38:40] Speaker B: Oh, my word,
[00:38:43] Speaker A: Jeff.
I'm. I'm in line.
[00:38:46] Speaker B: This business. This is a home business. Color me fascinated, intrigued, maybe even sold. Like, this is where I want to go. I want to go towards this. So I'm way in. This feels like a great. I think there's so many possibilities here.
Fabulous. Way to go, Elon.
[00:39:07] Speaker A: Yes.
I'm. I'm. I mean, we're thinking on the same lines here. And I. I appreciate your time, Jeff, and I appreciate everybody kind of indulging me kind of trying on this idea. We don't have. You don't have to do this thing. Okay. I'm trying to give you an example in real time of somebody thinking through what could be something that would benefit our family. Gosh, that could work for us. I have a friend here in Cincinnati. His family bought a popsicle business because he thought that's something that the kids could do with me, and we could go maybe to, like, farmers markets and sell them together, and that might work. And so he did it. He tried it out, you know, and he thought, I think this would work with our family rhythms. I think this would Help us, et cetera. Here's the thing.
You might have heard this passage if you've been listening to us for a while. It's a famous one from Ecclesiastes 11. And Solomon says this, Cast your bread upon the waters, and you will find it after many days.
Give a portion to seven, or even to eight.
That's an idiom in Hebrew that means try things out, try them on. To say seven or eight.
For you know not what disaster may happen on earth. If the clouds are full of rain, they emptied themselves on the earth. And if a tree falls to the south or to the north, in the place where the tree falls, there it will lie. He who observes the wind will not sow. And he who regards the clouds will not reap. Now that's a really interesting verse that we haven't. When Mark and I have talked about this Ecclesiastes 11 passage, we've not typically gone to that last verse.
And verse four says, he who observes the wind will not sow.
Meaning if you spend all your time looking, are the wind conditions just right? Maybe it's not time to actually sow the seed. And he who regards the clouds will not reap.
Well, it looks like it might rain. Let's hold off. I don't know. And if you have this constant need for conditions to be perfect, you'll never make the jump.
So the preacher tells us that the man who's always watching for perfect conditions never does anything. That doesn't mean that we throw wisdom out the window. I'm not suggesting that. It means that there comes a point where faithful men have to decide.
Are we going to wait for perfect conditions where there's no questions and there's no risk?
Or are we going to come on, Are we going to cast some bread on the water?
The Cyber Cab is not a get rich quick scheme.
But for the right family in the right season, it could be a calculated risk worth taking. That's all I'm suggesting. It could be a way to put an asset to work.
30 grand put it to work and it could serve your household. Instead of draining could be one more tool in the toolbox for building multi generational capacity instead of just consuming. I'm not telling every dad to run out and buy a Cyber Cab tomorrow. That's not why I did this episode. Although I think it could be beneficial to some families. What I am saying is don't just dismiss opportunities because it feels new or it carries some uncertainty.
The same God who tells us to count the cost, that's true.
Consider the cost of building a tower, says Jesus, I think in Luke 14.
But he also tells us not to be paralyzed by the wind and the clouds. So my challenge as we close here is just ask the Lord whether this or something like this might be part of how he wants you to provide or to build and to model wise and courageous stewardship to your children.
At the end of the day, the goal isn't just another revenue stream. The goal is a household that can stand and can give and take dominion in its own little acre of the kingdom. We talked weeks ago about the Micah 4 promise of every man sitting under his vine and his fig tree. Maybe this is part of that happening for your family. I don't know. But it's an idea that I think is very interesting.
So thanks for spending time with us today at Abraham's Wallet. If you haven't signed up for the Abraham's Wallet retreat, which is coming up August 17 to 19, you need to do that. Deadline's coming July 20. You need to get that pronto, pronto. We need to hear from you, we need to make space for you, we need to make enough delicious food for you, et cetera.
Otherwise, we'll see you next week.
