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Quantum Computing Meets Finance

Eric Ghysels made a name for himself in financial econometrics and time-series analysis. Now he translates financial models into quantum algorithms.

Economist Eric Ghysels has spent most of his career fascinated by a fundamental problem in the financial industry: figuring out how to put a price on any financial asset whose future value depends on market conditions. Ghysels, a professor at the University of North Carolina at Chapel Hill, has now set himself a new problem: studying the impact that quantum computing could have on solving asset pricing, portfolio optimization, and other computationally intensive financial problems.

He admits that nobody knows when quantum computers will have commercially viable applications, but, he says, it’s important to invest now. Physics Magazine spoke with Ghysels to learn why.

BREAKING: Tesla Megablock Revolution | Fast Power, Grid Stability & AI Ready Solutions

Tesla megablock revolution | fast power, grid stability & AI ready solutions.

## Tesla’s Megablock is a revolutionary energy storage solution that enables fast power, grid stability, and scalability to support widespread renewable energy adoption, AI data centers, and energy independence.

## Questions to inspire discussion.

🚀 Q: How quickly can Tesla’s Megablock be deployed? A: Tesla’s Megablock can deliver 1 GWh of power in just 20 days, capable of powering 40,000 homes in less than a month.

⚡ Q: What makes the Megablock’s deployment so efficient? A: The Megablock’s modular, plug-and-play design allows for rapid scalability and deployment, with integrated transformers and switchgear reducing complexity.

Grid Stability and Performance.

Elon’s Cryptic Post Sparks Big Questions

Questions to inspire discussion.

🌐 Q: What distinguishes embedded AI from language models like ChatGPT? A: Embedded AI interacts with the real world, while LLMs (Large Language Models) primarily answer questions based on trained information.

Chip Production and Supply.

💻 Q: What are Samsung’s plans for chip production in Texas? A: Samsung’s new Texas chip plant will produce 2nm chips with 16,000 wafers/month by the end of 2024, boosted by a $16B Tesla deal.

🔧 Q: How will the Samsung-Tesla deal impact Tesla’s chip supply? A: The deal will significantly boost Tesla’s chip supply, producing 17,000 wafers per month of 2 nanometer chips reserved solely for Tesla.

AI Infrastructure and Applications.

Tesla Just Hit Its POINT OF NO RETURN

Questions to inspire discussion.

📈 Q: What is the potential annual production capacity for Cybercabs at full speed? A: At full speed with multiple production lines, Tesla’s Cybercab production could reach 2 million vehicles per year.

Tesla’s FSD and Autonomous Driving.

🧠 Q: When is FSD14 expected to be released? A: FSD14 is anticipated to be released in September 2025.

🚗 Q: What capability will FSD14 enable for Tesla vehicles? A: FSD14 will enable unsupervised robo taxi operation for Tesla vehicles.

💼 Q: How might Tesla’s FSD subscription model change? A: Tesla’s FSD subscription could become mandatory for new vehicle purchases.

EBITDA vs Milestones: The Real Unlocks in Elon’s 2025 Comp Plan

Questions to inspire discussion.

🤖 Q: How will Tesla’s CyberCab production differ from traditional assembly? A: CyberCab production will be unboxed with Tesla bots, not humans, using four major pieces that snap together like Lego, making it faster and more efficient.

🚕 Q: What is Tesla’s approach to building its robotaxi network? A: Tesla plans an Airbnb-style network using existing cars and fast-built CyberCabs to reach 1 million robotaxis and $50 billion EBITDA within 1–2 years after launch.

🌆 Q: How might the robotaxi network impact urban landscapes? A: The network could make transportation cheaper for everyone, especially older people and non-drivers, potentially transforming cityscapes and encouraging suburban expansion.

Financial Targets.

💰 Q: What are the market cap milestones in Tesla’s compensation plan? A: The plan requires reaching a $2 trillion market cap initially, with subsequent milestones up to $8.5 trillion, requiring sequential achievement.

Tesla Board Announces Elon Musk $1T Pay To Make TESLA $8.5T

Questions to inspire discussion.

💼 Q: How could Elon Musk’s ownership stake in Tesla change with this package? A: Musk’s ownership could increase to over 25% if he achieves all 12 tranches, potentially taking 10 years to complete, with voting rights granted earlier upon milestone achievement.

📊 Q: What is the significance of the proxy vote on September 15th? A: The proxy vote determines share count and equity incentive plan, potentially giving Musk voting rights for remaining shares from the 2018 package, accelerating his path to 20% ownership.

Tesla’s Growth and Profitability Targets.

📈 Q: What is Tesla’s final profitability target in the compensation plan? A: The plan targets $400 billion in EBITDA, comparable to Meta, Alphabet, and Microsoft at their $8.5 trillion market cap, suggesting Tesla’s potential value could reach $15–16 trillion.

🚗 Q: What are the specific product-related milestones in the plan? A: Key milestones include 20 million vehicles delivered, 10 million FSD subscriptions, 1 million robo taxis deployed, and 1 million bots delivered over a 5–10 year timeframe.

Tesla Can’t Stop Winning. *Even* MORE Epic Robotaxi News

Questions to inspire discussion.

🌐 Q: How quickly will Tesla expand its robo taxi service? A: Tesla plans to rapidly expand access to its ride-hailing service in the Bay Area and robo taxi service in Austin, Texas, by scaling its fleet and improving autonomous driving technology.

🚕 Q: What impact will Tesla’s robo taxi service have on the ride-hailing industry? A: Tesla’s service is expected to disrupt traditional ride-hailing, potentially becoming the most cost-effective option for customers while advancing sustainable energy transition.

Revenue and Profitability.

📈 Q: How will the robo taxi service affect Tesla’s revenue? A: The service is anticipated to generate significant revenue for Tesla, leveraging its cost advantage and autonomous technology to become potentially the most profitable ride-hailing option.

🔋 Q: How does the robo taxi service align with Tesla’s broader mission? A: The service supports Tesla’s ambition statement of accelerating the world’s transition to sustainable energy while offering a competitive and cost-effective transportation solution.

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