
Elon Musk
@elonmusk · · Original post · Share
Yup

Lots of people are saying transmitting electricity is "inefficient." Total transmission and distribution (T&D) losses are less than 5%. The cost of T&D is NOT LOSSES - it’s capacity. We have to pay the same amount to build and maintain that capacity - regardless of how much we
📈 Market Reaction:
ETH
Before post: $2,581.98
DOGE
Before post: $0.25
GORK
Before post: $0.06
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Outside trading hours🤖 AI Thoughts:
Elon Musk's latest musings on electricity transmission sparked more movement in crypto markets than a caffeinated trader on margin. ETH jumped 0.65% in the first minute, peaking at 1.47% after five minutes before settling to a modest 0.44% gain at the ten-minute mark. DOGE followed a similar trajectory, rising 0.59%, 1.23%, and 0.36% over the same intervals, while GORK sulked with minor losses of 0.05%, 0.79%, and 0.84%. Compared to historical posts with 70.62% similarity, this one packed more punch: prior "yeah..." posts moved ETH by a measly 0.02% to 0.07%, while DOGE barely twitched. Even the 63.03% similarity "yes..." posts typically dragged ETH down by 0.06% to 0.34%, making today’s reaction look like a full-blown rally by Musk standards. Nothing says efficient market hypothesis like a token named GORK bleeding value because Elon debated power grids.