The 2026 “Love Run · China Taklimakan International Rally” will officially kick off on May 16. Chery Automobile’s off-road lineup — including the Tiggo 8, Jetour Zongheng G700, and Jetour Zongheng F700 — will take part in the event.

The auto industry helped build our middle-class & was essential in our war fighting efforts. Now China is using automobiles as a weapon to infiltrate America, destroy our manufacturing base, & spy on us. We will hermetically seal the US from Chinese predators once & for all.

For the last 3 years, I've been building @planepowers across geographies, constantly moving between Hyderabad and London. Today, Plane supports teams across aerospace, financial institutions, automobiles, retail, defense and large enterprises, helping millions of people move work forward inside their organizations. With that scale comes something heavier than growth. Responsibility. When your systems sit at the core of how organizations operate, you don't just ship features. You carry the weight of their progress. Over the last year, one thing became clear: A large part of that responsibility sits in the US. And I wasn't close enough. At the same time, the way Plane is being adopted is changing. Fast. Larger deployments. Deeper integrations. A shift toward agent-driven capabilities across the stack. The conversations are different now. The expectations are higher. The surface area is expanding faster than any of us anticipated. This phase demands proximity. To customers. To operators. To builders shaping how these systems evolve in real time. We're building Plane to be the coordinate system for how serious companies run their work, with humans and agents on the same plane. > One place where every team, every project, every outcome is plotted together. That mission belongs closest to the people we serve. So I made a decision. I've moved to San Francisco. Permanently. Not as an experiment, but as a commitment to be closer to the people who trust Plane to run their mission-critical systems, and to build the next phase of the company with more clarity, speed, and depth. The gap between idea and execution is collapsing. I want @planepowers to move at that speed. We're building from the US now: hosting gatherings, going deep with teams operating at the edge, and meeting the people defining what comes next. If you're one of them, I'd love to meet. P.S. A few frames of SF from my last few weeks. There's something about this city that makes you want to build. Couldn't capture the Karl yet!

Autopilot & FSD Supervised safety data In Q3 2025, we recorded 1 crash for every 6.36 million miles driven in which drivers were using Autopilot technology By comparison, the most recent data available from NHTSA & FHWA (from 2023) shows that in the United States there was an automobile crash approximately every 702,000 miles

Blockspace as a Veblen Good A Veblen good has a counterintuitive property: the higher the price, the stronger its appeal can become. Because price is not only a cost. It is also a signal: scarcity, status, access, and one’s position in a particular moment of history. Many revolutionary technologies began as luxuries. Mechanical clocks in the 14th century were expensive to build and maintain, accessible only to the wealthy and powerful institutions. Centuries later, pendulum clocks made timekeeping more precise, scalable, and eventually ordinary. Early automobiles were toys of the rich. Electricity, in its early days, was itself a social signal. Only after electrification spread did these luxuries become part of everyday life. Today, blockspace, especially Ethereum mainnet blockspace, carries a similar luxury-like quality. In theory, it is open to every onchain user. But during gas spikes, getting included in a block becomes a signal of payment capacity, urgency, and priority. A high-gas block is not just another block. It is a slice of onchain time where demand was most concentrated, competition was most intense, and access was most expensive. If blockspace is the Veblen good of the digital age, then ETH burn is the price trace it leaves behind. This is what eNAT tries to capture. Each eNAT corresponds to one Ethereum block. Its embedded burn equals the real amount of ETH destroyed by that block. High-burn blocks represent the most expensive blockspace of the past. bENAT turns that burn into fungible, tradable, and consumable units. More importantly, minting future blocks also requires consuming bENAT. This means eNAT is not merely a way to collect historical blocks. It creates a blockspace flywheel: the most expensive blockspace of the past settles into eNAT / bENAT; bENAT then becomes the fuel used to compete for future blocks. The luxury of blockspace no longer lives only inside a gas bill. It can be captured, circulated, priced, and used again in the next round of blockspace competition. eNAT turns the expensive moments of Ethereum blockspace into digital matter, then turns that digital matter into fuel for minting the future.

I am pleased to announce that, based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged to the European Union for Cars and Trucks coming into the United States. The Tariff will be increased to 25%. It is fully understood and agreed that, if they produce Cars and Trucks in U.S.A. Plants, there will be NO TARIFF. Many Automobile and Truck Plants are currently under construction, with over 100 Billion Dollars being invested, A RECORD in the History of Car and Truck Manufacturing. These Plants, staffed with American Workers, will be opening soon — There has never been anything like what is happening in America today! Thank you for your attention to this matter. President DONALD J. TRUMP ( TS: May 1 2026, 11:50 AM ET )

Autopilot & FSD Supervised safety data In Q2 2025, we recorded one crash for every 6.69 million miles driven in which drivers were using Autopilot technology. By comparison, the most recent data available from NHTSA & FHWA (from 2023) shows that in the United States there was an automobile crash approximately every 702,000 miles

Europe is one of the best places in the world to live, but one of the hardest places to build and scale a company. After 5+ years in France, following 16+ in the US, I have a conflicted admiration for Europe. On the one hand, Europe has great potential. When I lived in the US, I was skeptical of the European quality-of-life argument. But after getting used to Sunday morning markets, walkable cities, and 4.5 meter ceilings, I get it. There are things that you simply cannot import or experience as a tourist. These things can make Europe very attractive for creative and intellectual work. I honestly believe some parts of Europe are the “best neighborhood” in the planet. But that’s not the full story. I am not only a husband and a dad. I am also an entrepreneur. I founded a company in the US 12+ years ago that has offices in the US and Chile and clients throughout the world. I live in France, yet I have not opened a subsidiary here. That is telling. We once hired someone in France through one of those remote employment platforms. The person received about 5,000 euros net per month, which is considered a very good salary here. But the total cost to the company was closer to 13,000 per month. That makes hiring feel less like a relationship between a company and a worker, and more like renting someone from the state. At the same time, you take an enormous amount of legal and administrative responsibility. The presumption is that all companies should operate like a 1960s car manufacturer. The response is simple. Don’t set up operations in Europe. But this is not a remote-work story. I know many small entrepreneurs in France who do not want to cross the threshold from being a one-person activity to becoming an employer. They sometimes refuse a new customer to stay small and avoid the obligations that come with hiring one person. That should worry us. Many social protections here are described as being provided by the state, but in practice, a lot of the cost and complexity of the implementation falls on the administrative shoulders of entrepreneurs. That is reasonable for a large energy company or bank. But for a small business, it is the difference between an entrepreneur waking up on a Monday to think about product or paperwork. Growth is not the enemy of the European social model. It is what enabled it. Much of the quality of life we enjoy here today dates back to growth incubated in the past. Growth that is increasingly hard to find. France once led frontier industries, like bicycles in the 1860s, cinema in the 1890s, and aviation and automobiles soon after. Since then, Europe built a more humane social model. But that model was built on the assumption that Europe and the US were the only two rich and industrialized places in the world. That is no longer true. Global competition in the 21st century is not what it used to be 50 years ago, and the padding built to protect us, may have grown into the handbrake that constrains the growth of the small and flexible firms we need to compete in new frontier sectors. We should be able to be critical about Europe in our own terms, without comparing ourselves to the US or China. Innovative parts of Europe, like Sweden or Switzerland, operate differently and provide clues. Sweden has embraced a dynamic of capitalization in its pension system for a long time in a continent where fewer people buy stocks. Switzerland, a place that shares an enormous amount of geography and culture with its neighbors, is built in part on strong internal competition among its cantons. But neither can light a candle to a French open-air market on a Sunday morning. A market where cash is king, and for a reason. Europe may be the best place in the world to live. But it is also one of the most challenging places to build and scale an innovative activity. The goal is not to weaken the European model. But to get to a place where we can lead again by example. The world will follow us, but only if we are ahead.