Featured
Original Look-back
The Tesla Semi thesis, written March 22, 2023
A March 2023 MBA capstone on the Tesla Semi, republished with a November 2026 look-back on what held up and what changed.
BSM research
A clear reading of Tesla, SpaceX, and the AI-to-Bitcoin thread.
Public research from Brandon St-Martin. Primary sources first. Rumors stay labeled as rumors. No paywall.
Planned, Nov 24 The free weekly recap starts with the first issue on November 24, 2026.
From the archive, revisited
Two theses, scored in November 2026.
Original Look-back
The Tesla Semi thesis
The 2023 capstone on range, factories, price, and charging, with a dated look-back on each claim.
Original Look-back
The Starlink operations thesis
The 2022 operations paper on the constellation, coverage, and production, scored against later public records.
Topic paths
Start with a thread.
Tesla
Vehicles, energy, autonomy, and the businesses behind one share.
SpaceX
Launch, Starlink, and what the filings actually show.
AI and energy
Power, compute, and the physical limits around real-world AI.
Agents
Grok Bot and working with AI agents you can actually inspect.
Bitcoin
A long-term settlement network, and how it sits next to AI and payments.
Longevity
Healthspan research and the companies around it, with the limits stated plainly.
Selected pieces
A short reading list.
One Share, a Dozen Businesses: A Map of What Tesla Actually Owns
Tesla reports two segments, but one share is a bundle of about a dozen businesses. This map gives each one its latest number, moat and main risk.
Company AssessmentAI InfrastructureSpace / Robotics
SpaceX's Third Quarter of 2026: What the Filings Show
SpaceX’s reported Q3 2026 results, segment economics, capital spending and regulatory conditions, drawn from primary documents with the limits made explicit.
Company AssessmentAI InfrastructureSpace / Robotics
From Chatbot to Teammate: What a Small AI Team Can Actually Do in 2026
Official docs call Grok Bot "your AI teammate with a computer." Here is how a chatbot, an agent and a teammate differ, and what a small AI team can do.
AI / Automation
Bloom Energy and the AI Power Bottleneck
BSM LLC market intelligence review of Bloom Energy, AI data-center power constraints, onsite fuel cells, and the electrons layer of AI infrastructure.
AI InfrastructureMacro / MarketsCompany AssessmentSpace / Robotics
Jordi’s Market Framework: Momentum, Bitcoin, AI Power, and the Rotation Beneath the Surface
A numerically anchored BSM LLC analysis of Jordi Visser’s July 2026 market framework: breadth, 52-week highs, momentum volatility, IBIT, data-center power, insurance, banks, and fiscal risk.
AI InfrastructureMacro / MarketsSpace / Robotics
Newsletter
A free weekly recap, in plain language.
Each week, a short reading of what the filings and primary sources actually said about Tesla, SpaceX, and related companies.
- One brief you can finish quickly, written from primary sources.
- Links back to the sourced pieces on this site.
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It is a weekly free recap, starting with the first issue on November 24, 2026.
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About
Origin.
Brandon St-Martin, MBA, runs BSM LLC. His background is in hands-on healthcare work, including dialysis care, and business education, and he has a long-standing interest in how technology clears real-world bottlenecks.
Questions
A short FAQ.
Who is behind BSM?
Brandon St-Martin, MBA, runs BSM LLC. His background is in hands-on healthcare work, including dialysis care, and business education, and he has a long-standing interest in how technology clears real-world bottlenecks.
What does the work stand on?
Primary sources and dated filings first. Claims presented as fact are checked. Rumors stay labeled as rumors. The site is written so people and software can both read it: articles also ship as Markdown and a fact sheet.