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Speaker 1: Hey, this is Matt Miller. You listen to me on

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Speaker 1: the Tape podcast with Paul Sweeney. I've got a new

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Speaker 1: podcast with my friend Hannah Elliott. She's the car reviewer

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Speaker 1: from Bloomberg Pursuits. We call it Hot Pursuit. I'm gonna

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Speaker 1: drop a little sample from the Hot Pursuit podcast here.

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Speaker 1: Take a listen. If you like it, go to the

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Speaker 1: Hot Pursuit page and subscribe. You can find it on Apple,

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Speaker 1: on Spotify, or anywhere you get your podcasts. I'm Matt

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Speaker 1: Miller and.

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Speaker 2: I'm Hannah Elliott, and this is Hot Pursuit.

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Speaker 1: All right. Today on the show, the headline story is

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Speaker 1: gonna be the Portie nine to eleven st to Anadro

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Speaker 1: last week, so she's gonna tell us all about it.

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Speaker 1: We're also gonna talk about the Tesla recalls, which I

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Speaker 1: think are fascinating for a couple of reasons. I normally

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Speaker 1: think recalls get too much attention. Yeah, but this one

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Speaker 1: I think is really interesting. And because it's kind of

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Speaker 1: Tesla they made the cyber truck, it ties into the

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Speaker 1: lightning story. The Ford lightning story, I think is fascinating.

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Speaker 1: So we're going to talk about that with the Tesla story.

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Speaker 1: And finally we're going to talk about the seeming slowdown

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Speaker 1: of ev demand is told through the Jili story that

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Speaker 1: a great writer for US in Berlin wrote an opinion

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Speaker 1: piece about Chris Bryant is always on top of these

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Speaker 1: car stories for opinion from a financial perspective. And also

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Speaker 1: Jilly has built this massive empire that I didn't some

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Speaker 1: of them. I didn't even know about it.

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Speaker 2: I know, it's really interesting.

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Speaker 1: So a Chinese billionaire owns at least one brand that

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Speaker 1: you probably want because he has so many. So let's

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Speaker 1: kick it off with the nine to eleven story though, Hannah.

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Speaker 2: Yeah, here's the top note, here's the headline.

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Speaker 1: How many different nine elevens are there? By the way, there.

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Speaker 2: Are currently twenty six their twenty six versions of the

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Speaker 2: nine to ninety two, the current current generation.

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Speaker 1: So many levels of trim it's insane.

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Speaker 2: I know, it's really difficult to keep straight. There are

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Speaker 2: twenty six for sale, and there are a couple others

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Speaker 2: that are not currently available but also in the same generation,

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Speaker 2: so it's quite a lot. And it is like, you know,

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Speaker 2: we've spoken about the st Obviously I was a little

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Speaker 2: bit skeptical, like, do we really need another one. It's

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Speaker 2: not even based on a real car that existed, but it.

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Speaker 1: Still is at the top. It's exactly the top.

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Speaker 2: Yes, this is the three ninety two thousand dollars nine

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Speaker 2: to eleven. It's extremely lightweight, and really, here's what you

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Speaker 2: need to know. I loved it, and I was skeptical

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Speaker 2: because of all the reasons we're discussing, like, we don't

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Speaker 2: need another one, it's gonna be just like all the rest,

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Speaker 2: why do you need another of this? And then that

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Speaker 2: I loved it. It was so fun.

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Speaker 1: I mean, even if we don't need something, yes, even

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Speaker 1: if we don't need this nine to eleven, but it's

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Speaker 1: one of the best nine to elevens Portia has ever built.

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Speaker 1: I'm gonna guess after you drive it, you're gonna love it.

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Speaker 2: Yes, but I can say that I've driven, you know,

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Speaker 2: most of the variants. I haven't driven all twenty six

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Speaker 2: of them. But you know, if you compare it to

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Speaker 2: a GT three or like a nine to nine to

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Speaker 2: two Turbos, I would say still that I would prefer

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Speaker 2: this at least over the GT three and even the

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Speaker 2: GT three touring. And there are a couple of reasons

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Speaker 2: for that. The thing that I think anyone who gets

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Speaker 2: in the car will notice right away is that it's

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Speaker 2: a manual, obviously, but it's got a super short throw

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Speaker 2: on the shifter, so it's six gears, super short, super quick,

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Speaker 2: super punchy. It just feels a lot more engaging when

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Speaker 2: you drive it, if that's what you want. But it's

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Speaker 2: not so raw that it feels like a track car.

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Speaker 2: This is not a track car. Doesn't come with a

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Speaker 2: roll cage.

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Speaker 1: It's like a sweet spot.

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Speaker 2: That's the thing. It is the sweet spot, because I

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Speaker 2: do think the GT three it's honestly best left on

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Speaker 2: the track. I think I will. I don't want to

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Speaker 2: drive a GT three every day all day. It's just

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Speaker 2: like even a touring I wouldn't want to right exactly.

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Speaker 2: But the the ST really it feels analog, and I

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Speaker 2: don't mean that in a bad way. I mean it

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Speaker 2: you feel that you're engaged with the car. It's a

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Speaker 2: little bit louder than a GT three. I actually was

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Speaker 2: in a lead car for a moment that was a

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Speaker 2: GT three, and then got back in the ST and

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Speaker 2: it was noticeable right away that the ST is a

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Speaker 2: louder car.

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Speaker 1: By the way. That's that's what you want. That's what

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Speaker 1: the that's what the Weekend Warrior wants exactly. And on

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Speaker 1: a track, a lot of times there are there are noise.

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Speaker 2: Limits exactly exactly.

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Speaker 1: I know for motorcycles on a track, people have to

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Speaker 1: put in noise dB killers.

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Speaker 2: Yeah.

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Speaker 1: And but on the street, if I'm riding through Westchester,

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Speaker 1: I want it to be as loud as I can.

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Speaker 2: Yeah. And and I don't even think that was on purpose.

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Speaker 2: That's a byproduct of the fact that they really did

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Speaker 2: to try to lighten it up quite a bit. Even

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Speaker 2: they took they put in special lightweight carpet that saved

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Speaker 2: four pounds. And you know, obviously carpeting helps muffle sounds,

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Speaker 2: so some of just a natural u the result of

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Speaker 2: making the car lighter.

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Speaker 1: There's no sound deadening material exactly.

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Speaker 2: There's not in the.

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Speaker 1: GT three either, but they probably have purposely made the

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Speaker 1: exhaust choir or to meet noise restrictions, whereas with this

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Speaker 1: they have flow cats and probably like basically straight pipes on.

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Speaker 2: Yeah. And man, I was in that car for like

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Speaker 2: eight It was a very long day of We started

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Speaker 2: in Napa and then drove through the Redwoods up the coast,

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Speaker 2: up the one oh one ended up in Mendocino, so

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Speaker 2: there were and it was partially rainy that we saw

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Speaker 2: sun so there was a good variety of terrain in

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Speaker 2: a way, I do think. And we were even on

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Speaker 2: the interstate for a while too. I do think. It's

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Speaker 2: sometimes when you are on a straight interstate you almost

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Speaker 2: want a seventh gear. It's really fun. On curvy, windy roads,

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Speaker 2: you end up shifting through the gears really quickly. If

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Speaker 2: you don't like that, if you kind of prefer a

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Speaker 2: longer gear, this is not the car for you. This

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Speaker 2: is one that you're going to be going up and

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Speaker 2: down a lot. If you're just going to be driving

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Speaker 2: on interstate most of the time, you're going to want

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Speaker 2: a seventh gear, and this car doesn't have it.

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Speaker 1: So you show the GT three as well. The funny

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Speaker 1: thing is, in my career I had a nine to

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Speaker 1: nine to one one S and I always felt like,

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Speaker 1: why do I have the seventh gear? I don't need this.

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Speaker 1: But then my buddy I would always drive his GT

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Speaker 1: three touring and I would be like, you need a seton.

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Speaker 2: Yeah, Well that's where you really feel it. I mean,

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Speaker 2: it kind of depends on what kind of driving you

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Speaker 2: want to do. The other thing that I thought was

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Speaker 2: interesting was the fact that it comes with a watch.

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Speaker 2: I know you're a watch guy. This is the accompanying

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Speaker 2: thirteen thousand dollars Porsche design watch that goes with the

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Speaker 2: car that you cannot get unless you also take a car. Now,

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Speaker 2: to me, the watch is very cheesy.

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Speaker 1: But a lot of people don't like Porsche design. It's

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Speaker 1: pretty specific.

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Speaker 2: It's very specific.

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Speaker 1: It reminds me of the Shprockets skit on SNL that

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Speaker 1: they used to do. Yeah, it's touch my monkey.

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Speaker 2: I'm not familiar with that one. I must say, I

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Speaker 2: must not have been born yet. Yeah. The thing is,

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Speaker 2: I've heard some you know, rumblings that dealers are saying, well,

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Speaker 2: you can't get an allocation unless you commit to also

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Speaker 2: buy the watch. I don't know if that's true, yeah,

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Speaker 2: or just you know, some pressure or leaning on people

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Speaker 2: to take the watch too.

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Speaker 1: Strange.

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Speaker 2: Yeah, I mean, which would kind of feel like an

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Speaker 2: upsell a bit, right, But I have to say, uh,

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Speaker 2: it's such a fun car. I'm trying to think of

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Speaker 2: what else. Oh, how it looks it really does? You know?

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Speaker 2: There's a channeled roof on it. There is a gurney

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Speaker 2: flap on the end, but it's real small. I do

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Speaker 2: like that it doesn't have a huge spoiler, the air

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Speaker 2: intake on the front and side. It looks specific and

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Speaker 2: unique but not flashy, which I thought was really cool.

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Speaker 2: I was in the Ruby Stone or Ruby Star, depending

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Speaker 2: on how you want to say it.

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Speaker 1: Red.

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Speaker 2: Oh, it's a super cool color.

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Speaker 1: I do not like that color really. Oh. I had

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Speaker 1: the Carera Tea in that color.

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Speaker 2: That car just that color alone, if you try to

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Speaker 2: resell it, it pushes the value up.

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Speaker 1: It's like a Barbie, a little bit slightly dark.

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Speaker 2: It's a raspberry. It's a raspberry pink and a pinstripe

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Speaker 2: in tier, which sounds really bad on paper. But it

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Speaker 2: did look kind of cool.

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Speaker 1: But you know what, do you know what it is?

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Speaker 1: Part of this, I think is that I was just

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Speaker 1: at lunch with the guys who run Nikam Auctions and

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Speaker 1: they do obviously they're doing a massive event in Kiss

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Speaker 1: Kiss Emi at the beginning of January, forty five hundred

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Speaker 1: cars and a lot of it's American muscle, right. They

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Speaker 1: do have some Ferraris, but it's mostly American muscle. And

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Speaker 1: I asked them about you know, recent model cars that

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Speaker 1: sell well and also restromods that do well, and obviously

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Speaker 1: something like a four GT is going to sell well.

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Speaker 1: And they said like a Singer, a Singer will just

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Speaker 1: off the charts, right.

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Speaker 2: Yeah, it's unbelievable.

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Speaker 1: They than Porsa's leaving so much money on the table,

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Speaker 1: which is why they have to do like the nine

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Speaker 1: to eleven R or the STV, because this is they're

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Speaker 1: doing Singer before Singer gets a hold of it.

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Speaker 2: Kind of yeah, I mean I know that they do

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Speaker 2: watch Singer very closely and have observed that exact effect,

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Speaker 2: which reminds me of you know, the special Heritage livery

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Speaker 2: with the number sixty three on the side.

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Speaker 1: Which I is that sixty three So that was the.

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Speaker 2: First year of the nine to eleven. Of course they're

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Speaker 2: going to make nineteen hundred and sixty three of them.

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Speaker 2: But my point with this package is that alone is

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Speaker 2: a twenty thousand dollars upgrade as well. So to your point, Matt,

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Speaker 2: they're just you know, Porsia is offering more and more

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Speaker 2: options to make the cars super specific to yourself and

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Speaker 2: spend more money.

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Speaker 1: By the way, Lamborghini also uses the sixty three some

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Speaker 1: of their special liveries. And that's because it was the

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Speaker 1: year they showed their.

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Speaker 2: First sports car, so I mean glory days.

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Speaker 1: Yeah, I guess sixty three was a good year. Yeah.

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Speaker 1: Speaking of that, there's going to be a sixty three

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Speaker 1: Ferrari at the Kissimi Auction Ferris Bueller car that's going

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Speaker 1: to go for sixteen to eighteen. There's a sixty seven

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Speaker 1: two seventy five Spider that's going to go for they

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Speaker 1: think twenty five or more. And there's a sixty four

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Speaker 1: to two seventy five GTV that they think will go

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Speaker 1: for more than thirty five.

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Speaker 2: Where are they expecting these buyers to come from, because

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Speaker 2: let's be honest, Mikam Auctions are not known for their

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Speaker 2: Ferrari sales. They do volume Americans.

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Speaker 1: You'll have ten Ferraris that they say are worth over

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Speaker 1: one hundred million dollars. They say, but I don't know

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Speaker 1: where the you know, I guess if you want this

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Speaker 1: kind of Ferrari, you don't really care as much who's

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Speaker 1: selling it, right, I think we do. If you're in

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Speaker 1: the market for this, don't you you know who it's

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Speaker 1: coming from? So like say, you're I don't know David Lee,

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Speaker 1: and you know that jay Leno is selling his ferrari,

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Speaker 1: You're going to go buy it from him, whether he

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Speaker 1: does it through bottoms or true.

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Speaker 2: This, but I think very significantly this isn't jay Leno's ferrari.

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Speaker 2: I think what I mean. What I mean is you

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Speaker 2: know that Cowliborough Ferrari would not be sold at Amkam auction.

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Speaker 2: And this is not a mark against Meka met All.

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Speaker 2: I just think in general, and I'm not familiar with

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Speaker 2: the cars that they told. Yeah, if you do have that,

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Speaker 2: if you do have really that caliber ferrari, you would

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Speaker 2: probably tend to go to Southerb's or Gooding.

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Speaker 1: They know that too.

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Speaker 2: Yeah, it's not a knock on them at all. People

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Speaker 2: have specialties.

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Speaker 1: Well, I think they might be trying to move into

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Speaker 1: that area because they're so focused. They will be so

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Speaker 1: focused on the ferraris. Anyway, I don't want to get

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Speaker 1: too drawn away from the ST. I think it's so

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Speaker 1: cool that they're making this, which most people aren't going

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Speaker 1: to be able to afford it. Even people who can

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Speaker 1: go pick up a nine to eleven aren't going to

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Speaker 1: be able to really afford or make financial sense of

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Speaker 1: the ST. But you have to have something in that

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Speaker 1: price area because singers are only a couple hundred grand more, right,

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Speaker 1: and then it's even cooler and even more exclusive. My

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Speaker 1: favorite of all of the different I guess trim level

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Speaker 1: would be because I live here in New York, and

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Speaker 1: I don't know how the roads are in LA, but

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Speaker 1: they're bad here, really bad. Eno. The the car I

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Speaker 1: think is so great, but I just wish instead of

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Speaker 1: the turbocharged three Leader they would put the same motor

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Speaker 1: that they use in the GT three or in this.

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Speaker 1: And I don't know why, maybe it's you know what.

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Speaker 2: This is another thing I wanted to say about the ST.

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Speaker 2: This four Leader engine is the same one that they've

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Speaker 2: had for over a decade that they've used, and you know,

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Speaker 2: every year they're getting incremental bits more power out of it,

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Speaker 2: you know, five percent here and there.

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Speaker 1: But how much how much does the ST.

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Speaker 2: I think it's five to eighteen. But I do wonder

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Speaker 2: is this sort of the topping out of what they

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Speaker 2: can do on that particular four Leader, especially with the missions,

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Speaker 2: because this, you know, I don't see big jumps and

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Speaker 2: what they're getting out of that power plant in general,

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Speaker 2: but the engine specifically, So that was something you make they.

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Speaker 1: Do ten to make like at the end of a

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Speaker 1: generation of cars, they'll make like the Crowning Glory exactly.

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Speaker 2: Yes, this feels a little bit like that, which interesting,

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Speaker 2: which yeah, And then that now makes me think, you know,

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Speaker 2: we've talked a little bit about what is the car

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Speaker 2: market going to be for internal combustion cars. If at

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Speaker 2: some point you can't really buy them newes, does that

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Speaker 2: make them valuable? And yet again this plays into your

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Speaker 2: whole plan with some of the cars that you want

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Speaker 2: to get.

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Speaker 1: Right like the BMW. I want to get the last

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Speaker 1: V twelve they made, the seven sixty. And by the way,

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Speaker 1: my wife is like on board.

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Speaker 2: Again, oh great, thank god.

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Speaker 1: I think I'm moving in that direction. And really, and

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Speaker 1: that's one that's like my Dodge Challenger with a six

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Speaker 1: point four liter V eight that's going to be very

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Speaker 1: much not made anymore. But they sell fifty thousand of

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Speaker 1: those a year. I don't think it's going to appreciate

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Speaker 1: in value. No, probably not, But the twelve cylinder BMW

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Speaker 1: maybe because they don't make that many of them. On

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Speaker 1: the other hand, I've looked back at previous generations of

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Speaker 1: the seven series, the V twelves and you can pick

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Speaker 1: them up for like ten or fifteen thousand.

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Speaker 2: Yeah, I mean even nineteen hundred and sixty three as

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Speaker 2: a production run, it's not that rare. Going back to

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Speaker 2: the Ferraris, you know, when there are two or three

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Speaker 2: or four of them that were ever made, or even

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Speaker 2: one hundred. You know they're gonna make two hundred of

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Speaker 2: the Bagatti Sharon whatever, right, you know, that's actual rarity.

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Speaker 2: But almost two thousand of something to me isn't ultra rare.

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Speaker 1: No, not at all.

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Speaker 2: It's limited, but it's not ultra rare. And I did

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Speaker 2: ask Porsche, are you guys sold out? You know, what

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Speaker 2: are the allocations looking like? And the answer was, you know,

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Speaker 2: it's a bit of a rolling thing. And the answer.

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Speaker 1: Out right because if they were sold out, they would say, yeah,

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Speaker 1: we sold out, I think after we announced it.

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Speaker 2: Yeah, if you want, if you want one, nineteen hundred and.

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Speaker 1: Sixty three is a lot. I feel like a limited

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Speaker 1: edition normally, and in the motorcycle world it's usually like

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Speaker 1: four hundred, right, you know, right, and some times they'll

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Speaker 1: make like fifty. Yeah. You know, if Lamborghini puts out

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Speaker 1: a limited edition, they'll have like five, yeah, or the

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Speaker 1: rolls Royce share. Wasn't there like a thirty milli dollar

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Speaker 1: rolls raced like Jason, Yes, a boat or something.

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Speaker 2: Yes, there's like the boat tail, the droptail, the and

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Speaker 2: the other one.

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Speaker 1: By the way, I brought this also, I brought up

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Speaker 1: with the Meekham guys because I'm like, you know, Hannah's

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Speaker 1: always talking about the sixty million dollars for ours, and

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Speaker 1: there's never a sixty million dollar kudah.

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Speaker 2: And they say, yeah, good what they say.

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Speaker 1: They said, true, but there are a lot of three

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Speaker 1: or four million dollar kudahs. And remember that they made

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Speaker 1: a one hundred thousand of those.

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Speaker 2: They made two, so good, that's a good argument. Actually,

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Speaker 2: So why are those ones in particular so expensive when

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Speaker 2: there's so many, Well.

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Speaker 1: They're different trim levels that make it like one of

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Speaker 1: one or okay three, Yeah, I don't know.

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Speaker 2: Were those after aftermarket or those are phono factory factory

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Speaker 2: trim level factory.

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Speaker 1: Okay, it's the rest of them. Ods don't go for

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Speaker 1: that much unless it's a singer, right, unless it's somebody

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Speaker 1: who really knows what she or he is doing. Let's

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Speaker 1: talk about Tesla's. So there's recalls all the time, every

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Speaker 1: car make retails recalls, and Bloomberg goes crazy and flash

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Speaker 1: his headline and the stock will move on the day

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Speaker 1: because investors have no idea that it's a common thing.

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Speaker 1: But this Tesla recall, I think is more interesting than

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Speaker 1: the traditional Like there's a screw loose on your right rear,

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Speaker 1: you know, uh, break out.

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Speaker 2: The steering wheel might come off at any moment in time.

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Speaker 1: So this is what they're they're autopilot driving feature, which

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Speaker 1: they've touted and pushed so much. I think they charge

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Speaker 1: extra for it on certain cars as well.

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Speaker 2: Yeah, and it's not even there like driver level two.

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Speaker 2: It's not even they're autonomous, it's not it's not even

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Speaker 2: like close to what Mercedes has done for us.

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Speaker 1: But they've had to fix it because Nitsa has done

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Speaker 1: years long investigation on whether they whether or not they've

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Speaker 1: done enough to ensure the driver is paying attention. And

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Speaker 1: I guess Nitsa has decided they don't have they haven't

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Speaker 1: done that, and now Tesla's doing this recall. But I

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Speaker 1: think it's so cool because it's a huge recall, right,

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Speaker 1: isn't it two million? Two million cars?

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Speaker 2: Million cars?

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Speaker 1: Okay, I think it's so cool. Because usually a recall

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Speaker 1: is a giant pain in the butt for the consumer

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Speaker 1: the dealer, because the dealer this is over the air.

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Speaker 2: Yeah, that's cool. I mean I will, I will one

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Speaker 2: hundred percent give Tesla that. That's great. Can you imagine

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Speaker 2: the pandemonium people I didn't go down to the dealership.

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Speaker 1: Usually what happens if people don't do it.

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Speaker 2: I mean, LA would shut down because half of LA

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Speaker 2: is Tesla's so which would be kind of great because

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Speaker 2: then traffic would be a lot better.

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Speaker 1: Also, this is a recall that I don't want as

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Speaker 1: a teslowner. Why do I want something that's going to

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Speaker 1: make me pay attention more? It's going to ding more, Well,

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Speaker 1: it's going to flash more.

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Speaker 2: I guess there is there no consequence for not having

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Speaker 2: your car for not I know you have to actually

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Speaker 2: opt in push the button on the screen that accepts the.

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Speaker 1: Right, but you have to have your fingers, your hands

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Speaker 1: on the wheel, and if you take your hands off

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Speaker 1: the wheel for too long, most systems realize that and

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Speaker 1: will say like, okay, auto pilot is off.

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Speaker 2: Now.

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Speaker 1: I don't know specifically how it works in the Tesla,

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Speaker 1: but what they want to do is like make it

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Speaker 1: harder for you to keep the system.

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Speaker 2: I understand that. I mean, in order to accept the

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Speaker 2: software update for the recall, you do have to actually

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Speaker 2: push a button to accept and to initiate and accept

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Speaker 2: the recall. So if you don't do that, what's the

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Speaker 2: If you don't do.

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Speaker 1: That, then you can't get any updates.

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Speaker 2: But after that without having and eventually it's like your

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Speaker 2: cell phone.

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Speaker 1: Right, So exactly, it's like a new iOS because.

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Speaker 2: I'm like many updates behind on my cell phone, right,

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Speaker 2: to be honest.

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Speaker 1: And you know that when you do the update, like

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Speaker 1: your alarm won't go off.

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Speaker 2: Oh yeah, it ruins everything. It ruins everything. That's why

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Speaker 2: I haven't done it.

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Speaker 1: Right, But you have to eventually because you want.

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Speaker 2: Because and then emoji start looking weird and that bugs me.

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Speaker 1: So yeah, So this recall I think is mildly interesting

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Speaker 1: because of that, but.

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Speaker 2: It is, and I will say just on that topic,

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Speaker 2: it's interesting because Tesla makes such a big deal about

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Speaker 2: this kind of technology, and like the very thing that

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Speaker 2: they always brag about is the thing that they're now

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Speaker 2: having to adjust.

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Speaker 1: Right.

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Speaker 2: So that's like because in the end, you're right, honestly,

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Speaker 2: it's not a big deal. You just do the software

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Speaker 2: upday and then it's fine. But it is kind of

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Speaker 2: a big deal because there this is like one of

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Speaker 2: their main selling points about how amazing.

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Speaker 1: Also, I hesitate to, by the way, I hesitate to

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Speaker 1: say anything bad about Tesla's for two reasons. Number One,

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Speaker 1: most importantly, I don't really know very much about Tesla's.

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Speaker 1: I haven't driven very many and I have definitely not

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Speaker 1: spent time with really anybody who's who's obsessed, So I

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Speaker 1: don't know much.

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Speaker 2: Well, we should, Tesla, if you're listening, send us something.

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Speaker 1: Yeah, we really should. Yeah. Number two, I hesitate say

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Speaker 1: anything because they're so passionate, right.

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Speaker 2: Tesla, Well, I don't know if that's the word I

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Speaker 2: would use. I would say, you don't want to get

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Speaker 2: docsed right, and you don't want the cult members coming

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Speaker 2: after you, because you've I have experienced some of that myself,

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Speaker 2: and it there is something primal of the Tesla enthusiast,

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Speaker 2: and I use that word generously where if you dare

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Speaker 2: to say something critical about a Tesla vehicle, it's as

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Speaker 2: if you've questioned their identity, their manhood. They're very intelligence

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Speaker 2: as human, it's and the response is visceral and way

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Speaker 2: out of proportion to whatever perceived infractions has happened, and

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Speaker 2: that to me is a bit weird.

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Speaker 1: It is, but that is how it is, which is

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Speaker 1: why I would Otherwise I would say I think BMW

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Speaker 1: has a much better self driving system, but I'm not

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Speaker 1: gonna say that because they'll kill me. Yeah.

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Speaker 2: Well, it's just you and me talking, so don't worry.

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00:20:40,440 --> 00:20:43,040
Speaker 1: I was talking to CEO of the North American CEO

437
00:20:43,040 --> 00:20:45,840
Speaker 1: of BMW a couple of days ago, and he was like, yo,

438
00:20:46,000 --> 00:20:48,760
Speaker 1: I take my hands off the wheel, right. The only

439
00:20:48,800 --> 00:20:51,200
Speaker 1: thing I have to be doing is watching Yeah.

440
00:20:51,240 --> 00:20:53,760
Speaker 2: Of course, of course that's Level three that they have.

441
00:20:54,000 --> 00:20:57,040
Speaker 2: BMW has that in Germany currently, Mercedes has it in

442
00:20:57,080 --> 00:20:59,720
Speaker 2: the United States. I've driven it, I've used Level three.

443
00:20:59,760 --> 00:21:03,280
Speaker 2: It's wonderful. You can watch video, it's fantastic, it's very relaxing.

444
00:21:03,640 --> 00:21:08,600
Speaker 1: Yes, yeah, I think that's interesting. But I'm sure that Tesla.

445
00:21:08,680 --> 00:21:11,080
Speaker 1: I just don't know enough about Tesla's systems because I'm

446
00:21:11,080 --> 00:21:12,919
Speaker 1: sure you can cheat them as well. Otherwise people wouldn't

447
00:21:12,920 --> 00:21:15,080
Speaker 1: be able to sleep, of course, and have horrible accidents.

448
00:21:15,119 --> 00:21:17,719
Speaker 1: By the way, then this investigation is because of at

449
00:21:17,800 --> 00:21:21,760
Speaker 1: least fifty accidents that they say, or caused by autopilot.

450
00:21:21,960 --> 00:21:24,600
Speaker 1: That's a little bit scary, right, You shifted to autopilot

451
00:21:24,640 --> 00:21:27,120
Speaker 1: with no hesitation at all in other cars.

452
00:21:28,080 --> 00:21:30,600
Speaker 2: I don't even use cruise control, if I'm honest, I

453
00:21:30,880 --> 00:21:33,920
Speaker 2: I but yes, when I'm forced to. If I'm in

454
00:21:33,960 --> 00:21:35,920
Speaker 2: a press car and I need to actually try something

455
00:21:35,960 --> 00:21:37,920
Speaker 2: or test something, I don't. I'm not worried. I'm not

456
00:21:37,960 --> 00:21:40,800
Speaker 2: worried because I feel that you can override it. But

457
00:21:41,000 --> 00:21:43,119
Speaker 2: I don't even like the nannies that keep you in

458
00:21:43,160 --> 00:21:47,080
Speaker 2: your lane, you know, they just to me it's actually

459
00:21:47,560 --> 00:21:49,880
Speaker 2: less safe because when I need to make a quick

460
00:21:49,920 --> 00:21:52,479
Speaker 2: move and I'm feeling resistance on the steering wheel or

461
00:21:52,920 --> 00:21:55,480
Speaker 2: pre breaking, it feels like you're out of control of

462
00:21:55,520 --> 00:21:57,560
Speaker 2: the car, and that's not a good feeling. As a driver.

463
00:21:57,600 --> 00:21:58,880
Speaker 2: I want to feel like I'm in control.

464
00:21:59,119 --> 00:22:02,240
Speaker 1: I mean, I only use it on long autobond drives.

465
00:22:02,320 --> 00:22:05,199
Speaker 1: I'll set it and forget it, and or if I

466
00:22:05,200 --> 00:22:07,360
Speaker 1: were doing cross country drive in the US, but if

467
00:22:07,359 --> 00:22:09,879
Speaker 1: I have my wife and kids in the car. I

468
00:22:10,000 --> 00:22:13,560
Speaker 1: was in the Escalade V and I had my wife

469
00:22:13,560 --> 00:22:16,959
Speaker 1: and baby in the back, and of course it has supercrews.

470
00:22:17,119 --> 00:22:19,439
Speaker 2: Supercrew Yes, I like I love it.

471
00:22:19,480 --> 00:22:22,119
Speaker 1: But my wife's like, no, no, no, she doesn't want you.

472
00:22:22,600 --> 00:22:27,919
Speaker 2: Oh. Interesting, Well, I remember I used Supercrew's last in

473
00:22:27,960 --> 00:22:32,399
Speaker 2: the Electric Hummer, and it made me miss my exit

474
00:22:32,520 --> 00:22:35,560
Speaker 2: and get off because I was so relaxed that I

475
00:22:35,680 --> 00:22:37,760
Speaker 2: just like, I didn't get off the freeway and it

476
00:22:37,840 --> 00:22:40,760
Speaker 2: was and I was like, oh, but it's for me.

477
00:22:41,000 --> 00:22:44,720
Speaker 2: It's scary how quickly I get very relaxed.

478
00:22:44,760 --> 00:22:48,399
Speaker 1: You think that stuff I miss exits when I'm paying attention. Yeah,

479
00:22:48,720 --> 00:22:52,000
Speaker 1: let's talk about the Ford Lightning production cut, because I

480
00:22:52,000 --> 00:22:54,680
Speaker 1: think this is the most interesting story in a long

481
00:22:54,760 --> 00:22:57,919
Speaker 1: time in the automotive sort of industry, because it's just

482
00:22:58,000 --> 00:23:01,240
Speaker 1: one more sign that there's not as much EV demand

483
00:23:01,880 --> 00:23:04,440
Speaker 1: as we may have thought there was going to be.

484
00:23:05,440 --> 00:23:08,400
Speaker 1: Ford was going to lose three billion on EV's this year.

485
00:23:08,440 --> 00:23:09,639
Speaker 1: Then they said they're going to lose four and a

486
00:23:09,680 --> 00:23:13,040
Speaker 1: half billion on EV this EV's this year. The Lightning

487
00:23:13,880 --> 00:23:17,080
Speaker 1: was you know, there electric f one fifty. There were

488
00:23:17,160 --> 00:23:20,120
Speaker 1: hundreds of thousands of reservations for it, right.

489
00:23:20,040 --> 00:23:21,800
Speaker 2: Well, it's the best selling F one fifty is the

490
00:23:21,800 --> 00:23:22,480
Speaker 2: best selling car.

491
00:23:22,720 --> 00:23:24,280
Speaker 1: You know, you would just would have thought, you know,

492
00:23:24,320 --> 00:23:26,080
Speaker 1: when I heard they're going to cut production in half,

493
00:23:26,119 --> 00:23:28,160
Speaker 1: from thirty two hundred a week to sixteen hundred a week.

494
00:23:28,160 --> 00:23:31,119
Speaker 1: I thought, but surely there are people that are waiting

495
00:23:31,200 --> 00:23:33,640
Speaker 1: like two years to get it. I don't.

496
00:23:33,720 --> 00:23:35,919
Speaker 2: It doesn't and honestly, to me, doesn't make sense. And

497
00:23:35,960 --> 00:23:39,080
Speaker 2: then you know, I see the executive saying we're not worried.

498
00:23:39,320 --> 00:23:43,560
Speaker 2: We're just we're adjusting to output and demand. It kind

499
00:23:43,600 --> 00:23:46,520
Speaker 2: of doesn't make sense. I don't really believe them when

500
00:23:46,520 --> 00:23:49,439
Speaker 2: they say this is this is just a natural adjustment

501
00:23:49,480 --> 00:23:53,040
Speaker 2: and we're not worried, especially when Jim Farley has said

502
00:23:53,359 --> 00:23:56,240
Speaker 2: he wants to focus on ice and hybrids for the

503
00:23:56,440 --> 00:23:57,000
Speaker 2: four trucks.

504
00:23:57,119 --> 00:24:00,960
Speaker 1: Yeah, righting on the wall looks so smart right now,

505
00:24:01,040 --> 00:24:03,520
Speaker 1: and everybody else knows to do evs in a major,

506
00:24:03,640 --> 00:24:05,960
Speaker 1: major crazy way, and toylets like now, I'll stick with our.

507
00:24:07,440 --> 00:24:09,520
Speaker 2: No. And I know I've been like very sort of

508
00:24:09,720 --> 00:24:12,880
Speaker 2: hybrids are not the way in this in our podcasting

509
00:24:12,920 --> 00:24:16,560
Speaker 2: relationships since day one. But I admit, I do admit

510
00:24:16,640 --> 00:24:21,400
Speaker 2: I'm slowly kind of seeing, Wow, I'm seeing. It's not

511
00:24:21,480 --> 00:24:23,600
Speaker 2: like I have an opinion either way, but what I'm

512
00:24:23,640 --> 00:24:26,080
Speaker 2: observing is maybe hybrids are coming back around.

513
00:24:26,119 --> 00:24:29,360
Speaker 1: I have an opinion hybrids are the way forward. It's

514
00:24:29,359 --> 00:24:31,680
Speaker 1: so smacky on the face obvious. If you want to

515
00:24:31,720 --> 00:24:33,919
Speaker 1: be green around town, you just leave it on the

516
00:24:33,960 --> 00:24:36,600
Speaker 1: battery power only, and then when you're doing a real trip,

517
00:24:36,640 --> 00:24:39,000
Speaker 1: there's no need for range anxiety because you have a motor.

518
00:24:39,040 --> 00:24:40,480
Speaker 1: It makes total sense to me.

519
00:24:40,880 --> 00:24:42,679
Speaker 2: But they're heavy. They're heavy. They're heavy.

520
00:24:43,119 --> 00:24:45,120
Speaker 1: I like a heavy car. I like a heavy bike.

521
00:24:45,400 --> 00:24:49,119
Speaker 1: There's a place in my life for light vehicles. My

522
00:24:49,160 --> 00:24:51,359
Speaker 1: neighbor has an M two. I love to cane it

523
00:24:51,400 --> 00:24:53,400
Speaker 1: around the Bronx River Park.

524
00:24:53,400 --> 00:24:56,440
Speaker 2: Great looking car, Yeah, they're.

525
00:24:56,000 --> 00:25:00,439
Speaker 1: Great, But I like a big heavy cruiser, like a

526
00:25:00,520 --> 00:25:02,240
Speaker 1: land yacht that I can pile it. I mean, I

527
00:25:02,280 --> 00:25:05,720
Speaker 1: had a nine to eleven, but also really enjoyed driving

528
00:25:05,760 --> 00:25:07,399
Speaker 1: my G class for a while.

529
00:25:08,480 --> 00:25:11,560
Speaker 2: Oh we should discuss I didn't. I had forgotten you

530
00:25:11,600 --> 00:25:12,359
Speaker 2: how to g wagon.

531
00:25:12,520 --> 00:25:14,480
Speaker 1: Yeah it was at year and what it was the

532
00:25:14,480 --> 00:25:17,160
Speaker 1: culmination of like forty years of wanting.

533
00:25:17,520 --> 00:25:18,760
Speaker 2: Yeah, that's so cool.

534
00:25:18,800 --> 00:25:21,720
Speaker 1: I got a twenty twenty G five hundred and emerald green.

535
00:25:22,000 --> 00:25:25,840
Speaker 2: This was Berlin. Yes, so cool. That is nice. I

536
00:25:25,840 --> 00:25:28,240
Speaker 2: have just such an icon. I could talk about that forever.

537
00:25:28,359 --> 00:25:31,160
Speaker 2: It's so unapologetic. It's a diamond.

538
00:25:31,480 --> 00:25:34,680
Speaker 1: I also think the color emerald green, it's tamarocked Groen.

539
00:25:34,920 --> 00:25:38,040
Speaker 1: It's so great because everybody thinks it's black until it's

540
00:25:38,040 --> 00:25:40,119
Speaker 1: a very sunny day. Yeah, and then they realize No.

541
00:25:40,240 --> 00:25:43,000
Speaker 1: My point is, hybrids are the way forward. I've been

542
00:25:43,040 --> 00:25:45,560
Speaker 1: saying forever. Now. I talked to Keith Naughton, our Ford

543
00:25:45,640 --> 00:25:49,760
Speaker 1: reporter in Detroit. He told me the time to turn

544
00:25:49,800 --> 00:25:52,600
Speaker 1: around or whatever, the metric that measures how long a

545
00:25:52,640 --> 00:25:55,679
Speaker 1: car sits on a dealer's lot before it selfs uh huh.

546
00:25:55,720 --> 00:26:01,920
Speaker 1: In full evs it's fifty one days. Regular cars, ice

547
00:26:01,920 --> 00:26:05,160
Speaker 1: engines forty three days. Hybrid's eighteen.

548
00:26:05,600 --> 00:26:06,879
Speaker 2: Oh wow. Interesting.

549
00:26:07,000 --> 00:26:09,960
Speaker 1: So they fly off the lott telling.

550
00:26:09,720 --> 00:26:11,680
Speaker 2: It's better than the housing market right now.

551
00:26:11,960 --> 00:26:15,040
Speaker 1: Yeah, well there are some for sale, right yeah, yeah,

552
00:26:15,119 --> 00:26:17,840
Speaker 1: yeah and so and a lot of them obviously are

553
00:26:17,880 --> 00:26:20,080
Speaker 1: like toyotas if you want to rav four hybrid.

554
00:26:20,560 --> 00:26:23,439
Speaker 2: Yeah, here's their question. Look, here's a question for you

555
00:26:23,480 --> 00:26:27,320
Speaker 2: that just came into my mind. Now, I did listen

556
00:26:27,359 --> 00:26:30,679
Speaker 2: to your interview with the head of BMW, and I

557
00:26:31,119 --> 00:26:33,760
Speaker 2: you know, he's saying they're not slowing down on anything.

558
00:26:34,080 --> 00:26:36,479
Speaker 2: You know, the I seven, all of their I cars

559
00:26:36,560 --> 00:26:39,119
Speaker 2: are full speed ahead. They're not adjusting anything.

560
00:26:39,320 --> 00:26:39,480
Speaker 1: Yep.

561
00:26:39,560 --> 00:26:41,680
Speaker 2: So my question to you is do you think there

562
00:26:41,840 --> 00:26:45,200
Speaker 2: is going to be a divide between luxury and premium

563
00:26:45,240 --> 00:26:47,960
Speaker 2: evs and mass market evs.

564
00:26:48,000 --> 00:26:50,600
Speaker 1: Well, one of the points that Keith made to me

565
00:26:50,680 --> 00:26:54,040
Speaker 1: when I was talking to him about EV demand is

566
00:26:54,640 --> 00:26:57,760
Speaker 1: it's not because people necessarily don't want evs.

567
00:26:58,000 --> 00:26:58,680
Speaker 2: Yeah they do.

568
00:26:59,560 --> 00:27:03,320
Speaker 1: Some people want evs. There are compromises to be maybe.

569
00:27:03,480 --> 00:27:07,439
Speaker 1: You know, you obviously need to figure out if you're

570
00:27:07,440 --> 00:27:09,720
Speaker 1: going on a trip where the charging points are. If

571
00:27:09,720 --> 00:27:11,800
Speaker 1: you keep it at home, you're gonna want to install something.

572
00:27:12,280 --> 00:27:14,760
Speaker 1: It's inconvenient, so you're willing to do that, but you're

573
00:27:14,760 --> 00:27:17,480
Speaker 1: not willing to do the inconvenient thing and pay eighty

574
00:27:17,520 --> 00:27:18,320
Speaker 1: five dollars.

575
00:27:19,920 --> 00:27:20,720
Speaker 2: It's actally bridge.

576
00:27:20,800 --> 00:27:22,800
Speaker 1: The thing about VMW that I think is interesting is

577
00:27:23,760 --> 00:27:29,440
Speaker 1: the IX, which is their eighty thousand dollars plus ev SUV.

578
00:27:30,119 --> 00:27:32,320
Speaker 1: I don't that's not flying off a lot.

579
00:27:32,440 --> 00:27:34,080
Speaker 2: No, And I kind of liked it when I endove it.

580
00:27:34,440 --> 00:27:37,280
Speaker 2: I love it, but it's too expensive, I think, I

581
00:27:37,359 --> 00:27:38,159
Speaker 2: even said.

582
00:27:38,480 --> 00:27:43,320
Speaker 1: Meanwhile, the I four, which is considerably more affordable, that's

583
00:27:43,359 --> 00:27:46,359
Speaker 1: flying off lots. So the cool thing about the BMW

584
00:27:46,600 --> 00:27:51,400
Speaker 1: picture is they're selling sedans, even the EB sedans more

585
00:27:51,400 --> 00:27:53,680
Speaker 1: than they are selling SUVs. In the last quarter they

586
00:27:53,680 --> 00:27:57,080
Speaker 1: had growth in the car segment, and they had a

587
00:27:57,080 --> 00:28:00,800
Speaker 1: ten percent drop in the suv segment, which is so

588
00:28:00,840 --> 00:28:01,640
Speaker 1: much backward.

589
00:28:01,760 --> 00:28:03,280
Speaker 2: That's very backward exactly.

590
00:28:03,440 --> 00:28:06,399
Speaker 1: BMW is the coolest electric sedans. They have the I

591
00:28:06,600 --> 00:28:09,600
Speaker 1: four now the I five seven, which is a big

592
00:28:09,640 --> 00:28:12,200
Speaker 1: fan beast, and.

593
00:28:12,760 --> 00:28:15,520
Speaker 2: We need a new Some of them are not attractive.

594
00:28:15,040 --> 00:28:18,080
Speaker 1: Though, The I seven and the I X I think

595
00:28:19,280 --> 00:28:20,600
Speaker 1: are horribly.

596
00:28:20,320 --> 00:28:23,600
Speaker 2: I'm going to stand with my I seven looks okay

597
00:28:24,280 --> 00:28:25,160
Speaker 2: in certain colors.

598
00:28:25,160 --> 00:28:27,440
Speaker 1: I don't like the squinty eyes at all. I don't

599
00:28:27,480 --> 00:28:27,679
Speaker 1: like it.

600
00:28:27,960 --> 00:28:30,800
Speaker 2: They did it right X seven In the I do

601
00:28:30,960 --> 00:28:32,680
Speaker 2: kind of like where the girl's going because I feel

602
00:28:32,680 --> 00:28:35,000
Speaker 2: like it's going more into a bow tie shape. Yes,

603
00:28:35,200 --> 00:28:37,520
Speaker 2: like less beaver tooth, more bow tie.

604
00:28:37,560 --> 00:28:38,160
Speaker 1: That's correct.

605
00:28:38,360 --> 00:28:40,680
Speaker 2: The kidney grill hasn't been around for years. Let's just

606
00:28:40,680 --> 00:28:42,719
Speaker 2: be honest. Now it's like a sort of a cutesy

607
00:28:42,760 --> 00:28:43,760
Speaker 2: bow tie, which.

608
00:28:43,720 --> 00:28:45,880
Speaker 1: Right, But even if it's a kidney, the kidneys should

609
00:28:45,920 --> 00:28:47,440
Speaker 1: be horizontal, not vertical.

610
00:28:47,960 --> 00:28:51,480
Speaker 2: You know, hey, you know that's actually authentic. If you

611
00:28:51,480 --> 00:28:55,320
Speaker 2: look at old, old, old BMW's they had big yes,

612
00:28:55,600 --> 00:28:57,680
Speaker 2: start to look I gotta I gotta look at that

613
00:28:58,320 --> 00:29:03,480
Speaker 2: the oldest BMW's big vertical grills that you can see

614
00:29:05,040 --> 00:29:07,160
Speaker 2: the lineage here. There is a connection.

615
00:29:07,440 --> 00:29:11,080
Speaker 1: All right, Let's talk about Chris Bryant's opinion piece, which

616
00:29:11,120 --> 00:29:15,800
Speaker 1: is really a story of a Chinese billionaire who started

617
00:29:15,880 --> 00:29:19,240
Speaker 1: Gillie and now has collected a ton of brands, some

618
00:29:19,280 --> 00:29:21,160
Speaker 1: of which he wants to bring to market even here

619
00:29:21,200 --> 00:29:23,959
Speaker 1: in the US, not in terms of just selling the vehicles,

620
00:29:23,960 --> 00:29:27,600
Speaker 1: but also listing his stock. And he's finding a lack

621
00:29:27,640 --> 00:29:30,160
Speaker 1: of investor interest, let's say, or less investor interest than

622
00:29:30,200 --> 00:29:32,800
Speaker 1: he may have expected. Yeah, I was shocked by the

623
00:29:32,840 --> 00:29:35,280
Speaker 1: amount of brands that Jilie owns. I knew that they were.

624
00:29:35,640 --> 00:29:36,600
Speaker 1: I knew that they owned.

625
00:29:36,440 --> 00:29:38,800
Speaker 2: Volvo Sure, which includes Polestar.

626
00:29:38,560 --> 00:29:40,920
Speaker 1: Which includes Polestark as Volva owns like half of that.

627
00:29:41,520 --> 00:29:45,080
Speaker 1: I knew that they had a minority stake in Daimler,

628
00:29:45,200 --> 00:29:46,400
Speaker 1: in Mercedes.

629
00:29:45,880 --> 00:29:49,280
Speaker 2: And Mercedes and Aston Martin, and.

630
00:29:49,240 --> 00:29:50,280
Speaker 1: They own Smart.

631
00:29:50,640 --> 00:29:51,120
Speaker 2: Yeah.

632
00:29:51,160 --> 00:29:52,720
Speaker 1: So I guess they Yeah, I.

633
00:29:52,720 --> 00:29:55,040
Speaker 2: Guess I'm aler that would make sense.

634
00:29:55,120 --> 00:29:56,960
Speaker 1: Yeah, they must have bought it when they when they got.

635
00:29:56,920 --> 00:29:59,320
Speaker 2: That, and then they have all those Chinese brands that

636
00:30:00,000 --> 00:30:00,920
Speaker 2: we know the names.

637
00:30:00,960 --> 00:30:04,080
Speaker 1: Like One's called Fleiker or something Zeker I think it is.

638
00:30:04,360 --> 00:30:06,840
Speaker 1: They also own the Lotus brand.

639
00:30:08,120 --> 00:30:11,040
Speaker 2: I think I knew that, but I forgot. I never

640
00:30:11,080 --> 00:30:11,600
Speaker 2: think about it.

641
00:30:11,680 --> 00:30:14,080
Speaker 1: Well, I never think about the Lotus brand has been

642
00:30:14,680 --> 00:30:17,560
Speaker 1: owned by in Asia. Yeah, by a lot of people,

643
00:30:17,600 --> 00:30:19,040
Speaker 1: but it's been in Asia for a while. I think

644
00:30:19,160 --> 00:30:23,520
Speaker 1: I thought it was Malaysian. But now so, uh, this

645
00:30:23,720 --> 00:30:24,760
Speaker 1: is a lot, This is a lot.

646
00:30:24,880 --> 00:30:27,920
Speaker 2: I mean it does feel like they are going for

647
00:30:28,000 --> 00:30:32,240
Speaker 2: a Volkswagen in terms of owning a very wide portfolio

648
00:30:32,360 --> 00:30:35,720
Speaker 2: of brands. Yes, you know, is this world domination at time?

649
00:30:35,720 --> 00:30:38,920
Speaker 1: I mean it seems like they're trying that, but I'm

650
00:30:38,960 --> 00:30:43,680
Speaker 1: not sure if any of those brands really really goes

651
00:30:43,800 --> 00:30:47,719
Speaker 1: for it. So Volvo, for example, I'm I've always been

652
00:30:47,760 --> 00:30:48,680
Speaker 1: a lover of vols.

653
00:30:48,760 --> 00:30:49,000
Speaker 2: Love it.

654
00:30:49,200 --> 00:30:52,520
Speaker 1: Yeah. My first car was a two forty wagon in

655
00:30:52,640 --> 00:30:53,720
Speaker 1: baby blue. You know.

656
00:30:53,840 --> 00:30:55,000
Speaker 2: Oh that's so cool.

657
00:30:55,160 --> 00:30:57,400
Speaker 1: You called it the blue suede. Is that lacked any

658
00:30:57,480 --> 00:30:58,840
Speaker 1: kind of originality or creativit?

659
00:30:58,920 --> 00:31:00,880
Speaker 2: Is that what your parents got you? Because it was

660
00:31:01,000 --> 00:31:03,160
Speaker 2: very very safe. You know, that was like a high school.

661
00:31:03,160 --> 00:31:06,239
Speaker 1: Well that's what my parents got, Okay, my mom got

662
00:31:06,320 --> 00:31:08,880
Speaker 1: in nineteen eighty four. And then when I started to

663
00:31:09,000 --> 00:31:12,080
Speaker 1: drive in I don't know, nineteen ninety Oh you inherited, Yeah,

664
00:31:12,400 --> 00:31:14,840
Speaker 1: so I inherited that one, and then my brothers got it.

665
00:31:14,840 --> 00:31:16,320
Speaker 1: We put two hundred and fifty thousand miles on that.

666
00:31:16,640 --> 00:31:18,840
Speaker 1: But my parents have always had Volvos, both of them,

667
00:31:19,240 --> 00:31:22,800
Speaker 1: and so I've grown up with the brand. Lately, they've

668
00:31:22,840 --> 00:31:26,440
Speaker 1: been doing some things that are annoying, like so they

669
00:31:26,640 --> 00:31:29,520
Speaker 1: capped the speed their car. None of their cars are

670
00:31:29,560 --> 00:31:31,200
Speaker 1: going to go more than one hundred and I think

671
00:31:31,280 --> 00:31:34,160
Speaker 1: thirty kilometers per hour. I did not hear about this

672
00:31:34,280 --> 00:31:36,720
Speaker 1: announcement like two or three years ago, and I was

673
00:31:36,800 --> 00:31:39,320
Speaker 1: talking to Hawkan Samuel's and the CEO about it. I

674
00:31:39,400 --> 00:31:41,080
Speaker 1: was like, dude, do you not want to sell cars

675
00:31:41,120 --> 00:31:44,000
Speaker 1: in Germany? And he said, basically, they're the adults in

676
00:31:44,040 --> 00:31:45,280
Speaker 1: the room, is what they want to prove.

677
00:31:45,520 --> 00:31:48,000
Speaker 2: You know. Well, let's be honest. There are many portions

678
00:31:48,040 --> 00:31:50,280
Speaker 2: of the Autobahn where you actually can't go fast. True,

679
00:31:50,440 --> 00:31:53,680
Speaker 2: those cameras are horrible, and it's worse than American highways

680
00:31:53,680 --> 00:31:55,880
Speaker 2: where if you just think you're lucky you're not going

681
00:31:55,960 --> 00:31:58,440
Speaker 2: to get pulled over. True, it seems so unsporting.

682
00:31:58,520 --> 00:31:59,720
Speaker 1: There are ways around it, but.

683
00:32:00,440 --> 00:32:01,840
Speaker 2: I mean so You're one of those guys that I

684
00:32:01,880 --> 00:32:04,240
Speaker 2: always see like going you know, you're you have to

685
00:32:04,320 --> 00:32:07,440
Speaker 2: go a certain speed between the cameras, but so I

686
00:32:07,520 --> 00:32:10,160
Speaker 2: will do that. But then sometimes I do see people

687
00:32:10,200 --> 00:32:13,080
Speaker 2: that are clearly going far faster than me, and I'm like,

688
00:32:13,160 --> 00:32:16,400
Speaker 2: do they just not care about getting tickets or do

689
00:32:16,520 --> 00:32:18,000
Speaker 2: they have a secret that I don't know about it?

690
00:32:18,040 --> 00:32:21,360
Speaker 1: There are some ways to deal with those cameras, and

691
00:32:22,200 --> 00:32:24,360
Speaker 1: there are some ways to deal with German tickets.

692
00:32:24,560 --> 00:32:27,960
Speaker 2: Hmm, okay, well maybe I can't wait to hear.

693
00:32:27,960 --> 00:32:32,040
Speaker 1: More super legal, let's say, or maybe sub legal anyway,

694
00:32:32,280 --> 00:32:34,160
Speaker 1: spirit of the law. I just thought it was a

695
00:32:34,200 --> 00:32:37,560
Speaker 1: bad idea that Volo did that. And now they've got these,

696
00:32:37,880 --> 00:32:41,320
Speaker 1: you know, two liter four cylinders in their hybrids, which

697
00:32:41,360 --> 00:32:43,840
Speaker 1: are super boring motors in any car, even in not

698
00:32:43,960 --> 00:32:44,479
Speaker 1: a hybrid.

699
00:32:45,440 --> 00:32:48,560
Speaker 2: But Bovo never cared about being boring. That is one

700
00:32:48,600 --> 00:32:49,280
Speaker 2: thing we should say.

701
00:32:49,400 --> 00:32:53,880
Speaker 1: And they have amazing design, like I loved it, I know,

702
00:32:54,320 --> 00:32:58,360
Speaker 1: and the XT ninety that we have now beautiful.

703
00:32:58,560 --> 00:33:00,920
Speaker 2: And there is the car the most miles on it

704
00:33:01,000 --> 00:33:03,680
Speaker 2: in the world is a Volvo. It was owned, Oh,

705
00:33:03,800 --> 00:33:06,640
Speaker 2: it was owned by h IRV Gordon. Is this fing

706
00:33:06,800 --> 00:33:09,160
Speaker 2: he was a teacher and he drove this Volvo back

707
00:33:09,200 --> 00:33:11,760
Speaker 2: and forth to school for his entire career, and he

708
00:33:11,920 --> 00:33:14,080
Speaker 2: would drive it all over the country. And his car

709
00:33:14,200 --> 00:33:16,120
Speaker 2: ended up having over a million miles on it. It's

710
00:33:16,160 --> 00:33:17,840
Speaker 2: like it sets the record. I think it might have

711
00:33:18,000 --> 00:33:19,040
Speaker 2: up to three million miles.

712
00:33:19,160 --> 00:33:21,520
Speaker 1: They're awesome. I just don't feel like they're fully going

713
00:33:21,680 --> 00:33:26,320
Speaker 1: for it. Uh you know that the in car technology

714
00:33:26,360 --> 00:33:29,000
Speaker 1: isn't quite there. Polestar is another one where I feel

715
00:33:29,040 --> 00:33:31,520
Speaker 1: like they had a great chance. They had an amazing

716
00:33:31,600 --> 00:33:32,480
Speaker 1: first No, I.

717
00:33:32,520 --> 00:33:36,120
Speaker 2: Know, I was so excited, so excited, and it's completely

718
00:33:36,720 --> 00:33:40,520
Speaker 2: it's underwhelming. I think, yes, if you, I mean, I'm waiting.

719
00:33:40,680 --> 00:33:42,560
Speaker 2: I'm like, guys, what is taking so long?

720
00:33:42,600 --> 00:33:44,480
Speaker 1: I feel like they want to be an audi of evs,

721
00:33:44,560 --> 00:33:49,080
Speaker 1: but they're just there's way too slow. And Lotus hasn't

722
00:33:49,160 --> 00:33:50,040
Speaker 1: done anything.

723
00:33:50,120 --> 00:33:53,560
Speaker 2: No, Lotus hasn't done anything, And I mean no, it's

724
00:33:53,720 --> 00:33:54,680
Speaker 2: really a shame.

725
00:33:54,800 --> 00:33:56,840
Speaker 1: It's a still and that I feel like they had

726
00:33:56,880 --> 00:33:59,200
Speaker 1: a chance to really take off. And there are some

727
00:33:59,200 --> 00:34:01,760
Speaker 1: people obviously that Lotuses and there's some amazing Lotuses. I'm

728
00:34:01,760 --> 00:34:05,400
Speaker 1: sure they're super fun to drive, a little like Waight cars, right, Yeah,

729
00:34:06,040 --> 00:34:11,160
Speaker 1: But they had such a massive opportunity after James Bond

730
00:34:11,280 --> 00:34:14,319
Speaker 1: drove one and then Jason Alexander drove one A Pretty Woman,

731
00:34:15,440 --> 00:34:19,040
Speaker 1: and I think Roberts exactly.

732
00:34:19,160 --> 00:34:21,239
Speaker 2: So, I mean I've driven some of the old ones there,

733
00:34:21,400 --> 00:34:23,399
Speaker 2: I've driven some of the new ones. They drive great.

734
00:34:23,880 --> 00:34:28,799
Speaker 2: I mean they drive very elementary, rudimentary, but that can

735
00:34:28,840 --> 00:34:31,600
Speaker 2: be really fun. And there's such heritage, like they have

736
00:34:31,719 --> 00:34:34,160
Speaker 2: a thing that all of these new brands won't have

737
00:34:34,400 --> 00:34:37,280
Speaker 2: for another fifty to seventy five years, which is heritage

738
00:34:37,320 --> 00:34:38,640
Speaker 2: and history and story.

739
00:34:38,840 --> 00:34:42,759
Speaker 1: True Colin Chapman exactly. I then, apparently Gelie has a

740
00:34:42,800 --> 00:34:45,880
Speaker 1: brand in China that's top of the line like Zeeker.

741
00:34:45,920 --> 00:34:46,880
Speaker 2: That's okay, I need to.

742
00:34:47,040 --> 00:34:52,000
Speaker 1: Supposedly at least aspirational, not luxurious. Now, I was reading

743
00:34:52,040 --> 00:34:55,279
Speaker 1: the story that Chris Road and I thought, they'll never

744
00:34:55,360 --> 00:34:59,600
Speaker 1: sell Chinese evs over here. I realized they already do.

745
00:35:00,080 --> 00:35:02,160
Speaker 1: Pole stars that sell here are made in China.

746
00:35:02,280 --> 00:35:03,680
Speaker 2: Oh wow, there we go.

747
00:35:04,200 --> 00:35:06,440
Speaker 1: Okay, Yeah, anyway, great story. Check it out if you

748
00:35:06,760 --> 00:35:08,799
Speaker 1: have a chance on Bloomberg dot com or if you're

749
00:35:08,840 --> 00:35:12,120
Speaker 1: a Bloomberg client, just bio Chris Bryant for that. That's

750
00:35:12,160 --> 00:35:13,880
Speaker 1: all we have time for today.

751
00:35:14,600 --> 00:35:15,960
Speaker 2: But are you doing this weekend?

752
00:35:16,000 --> 00:35:21,439
Speaker 1: Matt being a dad again? That's good for another weekend. Yeah,

753
00:35:22,200 --> 00:35:25,040
Speaker 1: I'm preparing for Christmas, you know, So you're.

754
00:35:24,880 --> 00:35:26,480
Speaker 2: Gonna have an American Christmas, aren't you?

755
00:35:26,640 --> 00:35:30,360
Speaker 1: My daughter's first American Christmas because we usually spend it

756
00:35:30,440 --> 00:35:32,600
Speaker 1: in Spain, and it's the first time that she's also

757
00:35:32,680 --> 00:35:37,040
Speaker 1: like conscious. She's three going on fifteen, perfect, and so

758
00:35:37,640 --> 00:35:40,120
Speaker 1: I am going. My wife is getting her like an

759
00:35:40,200 --> 00:35:44,239
Speaker 1: easel and an apron, right, But I am, unbeknownst to

760
00:35:44,239 --> 00:35:46,440
Speaker 1: my wife just going to go all out and spoil

761
00:35:46,520 --> 00:35:46,839
Speaker 1: the hell.

762
00:35:46,920 --> 00:35:47,279
Speaker 2: I love it.

763
00:35:47,640 --> 00:35:49,120
Speaker 1: I love it. Going to get her like an electric

764
00:35:49,200 --> 00:35:51,800
Speaker 1: Ducati that she can ride around the driveway.

765
00:35:51,560 --> 00:35:52,960
Speaker 2: You know, good, start them young.

766
00:35:53,520 --> 00:35:55,879
Speaker 1: Not going to get her the little Bugatti. But that's

767
00:35:56,040 --> 00:35:56,479
Speaker 1: very cool.

768
00:35:56,800 --> 00:35:58,600
Speaker 2: It's like, how much does that cost? I was gonna

769
00:35:58,640 --> 00:36:00,680
Speaker 2: say it's got the price of a normal car. Really,

770
00:36:00,880 --> 00:36:01,439
Speaker 2: it's very.

771
00:36:01,400 --> 00:36:08,160
Speaker 1: Much fun though. Thanks even for me. You can catch

772
00:36:08,239 --> 00:36:10,600
Speaker 1: us again, same time, same place, next week. You can

773
00:36:10,680 --> 00:36:13,000
Speaker 1: follow me if you like, on Instagram at Matt Miller

774
00:36:13,080 --> 00:36:14,000
Speaker 1: nineteen seventy three.

775
00:36:14,239 --> 00:36:18,399
Speaker 2: And you can follow me on Instagram at Hannah Elliott XO.

776
00:36:19,120 --> 00:36:22,480
Speaker 2: That's Hannah with an H on the end and Elliott

777
00:36:22,520 --> 00:36:23,640
Speaker 2: with two l's and two p's.

778
00:36:24,080 --> 00:36:26,080
Speaker 1: Thanks for listening. I'm Matt Miller, I'm

779
00:36:26,080 --> 00:36:28,320
Speaker 2: Hannah Elliott, and this is Bloomberg