WEBVTT - BMW's Profit Warning, Ferrari's Polarizing New Strategy & Porsche's Wagon Delete

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News. I'm Hannah Elliott.

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<v Speaker 2>And I'm Matt Miller. This is Hot Pursuit.

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<v Speaker 1>Coming up on today's podcast. We've got the news from

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<v Speaker 1>Portia that they're no longer making the take hand Wagon.

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<v Speaker 2>Yes, which is a bummer for us, but probably not

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<v Speaker 2>really a bummer for.

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<v Speaker 1>Probably not a surprise nobody was buying. I know, but

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<v Speaker 1>people like us get so mad when an automaker says

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<v Speaker 1>they're not going to make.

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<v Speaker 2>Yes exactly and ferrari as you might expect, essentially forcing

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<v Speaker 2>wealthy clients to buy the Luce Yes.

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<v Speaker 1>Now we kind of already know this, but this is

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<v Speaker 1>a really good of course, but this is a great

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<v Speaker 1>reported piece from our Italian counterparts about the real things

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<v Speaker 1>happening behind the scenes.

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<v Speaker 2>Plus BMW's slashing its margin forecasts. This is one of

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<v Speaker 2>the best run car makers in the world in terms

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<v Speaker 2>of profitability, and they're having a tough time, which is

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<v Speaker 2>bad news for the whole industry.

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<v Speaker 1>Yeah, you know, when you said let's talk about BMW,

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<v Speaker 1>I was thinking, we're talking about your new BMW.

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<v Speaker 2>That God, let's start Actually, let's start with that. So

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<v Speaker 2>I bought last week new to Me BMW. It's a

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<v Speaker 2>used MB seven sixty and from twenty twenty good, and

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<v Speaker 2>I had never test driven it. I'd never driven a BMW,

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<v Speaker 2>a twelve cylinder BMW before.

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<v Speaker 1>What gave you the confidence to make this purchase without

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<v Speaker 1>even kicking the wheels?

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<v Speaker 2>Well, so I had driven BMW seven series in many

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<v Speaker 2>different forms. I'd driven the seven to fifty from this generation,

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<v Speaker 2>although the earlier one. I drove the twenty sixteen seven

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<v Speaker 2>to fifty when it came out, and I've driven the

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<v Speaker 2>new seven series in all of their eyeamiliar.

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<v Speaker 1>With you're familiar with the portfolio.

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<v Speaker 2>I knew it would be a big luxury sedan, an isolated,

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<v Speaker 2>you know, touring car with very light steering, and but

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<v Speaker 2>I wanted the V twelve. And the reason is that

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<v Speaker 2>I've always wanted like a sportier Rolls Royce. Remember how

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<v Speaker 2>badly I wanted a Bentley Turbo Are for a long

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<v Speaker 2>time until Matt Farra actually made the purchase, and he

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<v Speaker 2>didn't keep that car very long. So I always and

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<v Speaker 2>that was like the sportier that Bentley was, the sportier

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<v Speaker 2>Rolls Rolls Royce of the era's I think it's really cool,

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<v Speaker 2>but I in my opinion, the Bentley of today is

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<v Speaker 2>the BMW because obviously they bought Rolls Royce since then,

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<v Speaker 2>and you know, they build this N seventy four to

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<v Speaker 2>twelve cylinder engine for Rolls Royce as well, and now

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<v Speaker 2>they're no longer using the twelve cylinder and any BMW product.

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<v Speaker 2>But but I love the feeling of the roles. I

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<v Speaker 2>just wanted to be a little bit more connected to

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<v Speaker 2>the ground, a little bit stiffer role. I wanted to

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<v Speaker 2>roll less, yes, and so I knew. Plus I love

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<v Speaker 2>the look of the facelifted G twelve generation BMWs. It

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<v Speaker 2>got the big grill and at the time when it

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<v Speaker 2>first came out, everybody was like, oh, that's horrible.

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<v Speaker 1>It's funny this is considered big.

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<v Speaker 2>It was at the time, I considered very big in

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<v Speaker 2>twenty twenty, so I traded my Dodge Challenger for it

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<v Speaker 2>because I also needed a bigger car for my kids.

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<v Speaker 2>I needed a car that would work better in winter.

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<v Speaker 1>You've got a third one on the way exactly.

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<v Speaker 2>And so I had been looking for it for years.

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<v Speaker 2>In fact, I tried to convince my wife when she

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<v Speaker 2>got rid of her Volvo xt ninety that the answer

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<v Speaker 2>is a big German Sedan because they depreciate so quickly

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<v Speaker 2>you can afford to buy a one hundred and fifty

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<v Speaker 2>or two hundred thousand dollars a luxury car a few

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<v Speaker 2>years later for like sixty five or seventy, right, and

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<v Speaker 2>she poo pooed the idea and ended up getting the

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<v Speaker 2>Mercedes GLS. So I've I've kept thinking about it. I

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<v Speaker 2>kept wanting it, and over the last few months I

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<v Speaker 2>was searching. They're hard to find because they only made

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<v Speaker 2>three hundred and sixty of the facelifted version in the

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<v Speaker 2>last three years of production. But I finally found one.

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<v Speaker 1>We found this in Texas.

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<v Speaker 2>I found it Big Star Cadillac outside of Houston, Texas.

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<v Speaker 2>I tried desperately to buy it through a BMW dealer

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<v Speaker 2>because I had gotten to know some BMW dealers and

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<v Speaker 2>they were like, listen, let us buy this car for us,

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<v Speaker 2>and then we'll like do a full PPI essentially, and

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<v Speaker 2>then maybe we can even cepo it, you know, so

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<v Speaker 2>that you can get a Quarrantine exactly, and you know,

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<v Speaker 2>with a twelve cylinder car with air suspension, like it's

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<v Speaker 2>a little bit scary maybe, but Big Star they're part

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<v Speaker 2>of a big Automotive Group, and they don't. They don't

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<v Speaker 2>wholesale cars to other dealers. But the problem is, it's

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<v Speaker 2>so hard to find a low mileage example of these

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<v Speaker 2>cars out there that has everything I wanted. I wanted

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<v Speaker 2>the bowers In Wilkins stereo, you know. I wanted the

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<v Speaker 2>full driving assistance suite. I wanted a rear bench instead

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<v Speaker 2>of the executive lounge.

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<v Speaker 1>And some interior lighting effects, didn't you.

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<v Speaker 2>I wanted the led gun roof like and I wanted

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<v Speaker 2>the laser lights, which they only made in the twenty

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<v Speaker 2>twenty year and they had to act because of the

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<v Speaker 2>COVID remember the supply chain problems, and then also they

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<v Speaker 2>were just too expensive to make anymore. I wanted the

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<v Speaker 2>night vision, as useless as it is, just because I

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<v Speaker 2>wanted every pretty box checked. And so finally I big Star.

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<v Speaker 2>I was like, come on, please wholesale this to a

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<v Speaker 2>BMW dealer and they said, sorry, like, we just can't.

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<v Speaker 2>It's corporate, you know, rules, And but I thought, I'm

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<v Speaker 2>not going to let this one slip through my hands

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<v Speaker 2>because I had lost so many of them. I thought

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<v Speaker 2>I had when we were when we were in Miami

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<v Speaker 2>for the F one and it got sold. I thought

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<v Speaker 2>I had another one from South Carolina. I got sold,

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<v Speaker 2>so I pulled the trigger. No PPI, no test drive, nothing.

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<v Speaker 1>I love this for you because Magnus.

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<v Speaker 2>Because Magnus told me, like I never do that stuff.

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<v Speaker 1>And I'm really excited for you.

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<v Speaker 2>Want to live my life more like Magnets. And it

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<v Speaker 2>worked out really well. I got maybe I got lucky,

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<v Speaker 2>but it was like it's perfect, I'm so in luck.

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<v Speaker 1>So it got dropped. What did you do for your got.

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<v Speaker 2>Dropped off two days ago and it came up on

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<v Speaker 2>an open truck. Because chicking was so expensive, Like the

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<v Speaker 2>first quotes I got were like six or four thousand dollars,

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<v Speaker 2>sorry to in. It covered for covered taking the car

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<v Speaker 2>to me and then picking up my challenger and trade.

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<v Speaker 2>And I was like four thousand is that's a lot

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<v Speaker 2>because you're already paying. I got it for sixty five.

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<v Speaker 2>You know, it stickered for one eight, so I already

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<v Speaker 2>got a massive deal, but I didn't want to add

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<v Speaker 2>any more. Finally I got a quote fourteen hundred for

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<v Speaker 2>the shipping each direction, but open. So when it got

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<v Speaker 2>to me, it was pretty dirty. So the first thing

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<v Speaker 2>I did was wash it right and then it was

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<v Speaker 2>like getting to.

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<v Speaker 1>Have any word smells or anything.

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<v Speaker 2>No, it didn't. And I was worried about that Mercedes

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<v Speaker 2>that I got.

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<v Speaker 1>That's a Seinfeld episode.

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<v Speaker 2>This had a smell. I couldn't get out of it

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<v Speaker 2>for like a year. Yeah, But then, like I had

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<v Speaker 2>to put my kids to bed, you know, I had

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<v Speaker 2>to do all this family stuff. And so by the

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<v Speaker 2>time I got a lad of thinking about it again,

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<v Speaker 2>it was already ten. I wake up at five, so

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<v Speaker 2>you usually I'm in bed by then, but I couldn't

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<v Speaker 2>go to bed. I had to drive it. So my

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<v Speaker 2>wife went to sleep and I like quietly snuck out

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<v Speaker 2>of bed and I took it out on the Bronx

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<v Speaker 2>Rood Parkway up to twenty two out to Bedford and

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<v Speaker 2>like didn't get home till midnight. But it was so

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<v Speaker 2>much And the stereo is insane.

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<v Speaker 1>What did you listen to when I was.

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<v Speaker 2>Listening to the newest King Buffalo record, which is like

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<v Speaker 2>my obsession lately, this band, And it's just an amazing

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<v Speaker 2>stereo system. Plus it has like the lighted speaker grills

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<v Speaker 2>and the ambient lighting inside makes it the experience so cool. Yeah,

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<v Speaker 2>I just I absolutely love it. It's really and the

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<v Speaker 2>four we steering is for the first time something that

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<v Speaker 2>I can totally feel working. Yeah, because it's a long car.

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<v Speaker 2>It's like as long as a Chevy suburban. But yeah,

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<v Speaker 2>with the four wheel steering, it just shortens the wheelbase,

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<v Speaker 2>you know, and the way it feels so much and

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<v Speaker 2>everything works perfectly on it. The suspension is great, the

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<v Speaker 2>wheels are gorgeous.

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<v Speaker 1>Have the girls been in it yet?

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<v Speaker 2>The girls have not been in it, okay, but when

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<v Speaker 2>they do. It has the the blinds that go up

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<v Speaker 2>on the back seat, on the back window that I

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<v Speaker 2>can control from up front, and yeah, it's just got

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<v Speaker 2>I just I just got so lucky. I'm so happy

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<v Speaker 2>with it.

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<v Speaker 1>Are you even thinking about the Challenger?

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<v Speaker 2>Not even a little bit. And I thought I thought

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<v Speaker 2>I would cry. I thought I would actually actually cry,

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<v Speaker 2>and I don't even It's not a guy who cries

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<v Speaker 2>very much. But I thought, you know what, this Challenger

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<v Speaker 2>has been. It served me so well over the last

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<v Speaker 2>three years, and I really love it. I like the

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<v Speaker 2>whole kind of cosplay, like muscle cars, cruising, everyone walks lasting. Yeah,

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<v Speaker 2>but it just it rolls so much. And I never

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<v Speaker 2>trust the grip because I always lose traction and it's

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<v Speaker 2>hard to put kids in the back like it just.

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<v Speaker 1>It's just you're just evolving as a person.

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<v Speaker 2>I still look at them longingly when I see them

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<v Speaker 2>drive by. It's only been a couple of days, but

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<v Speaker 2>I honestly I don't miss it one single bit.

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<v Speaker 1>That's a really good sign. I think you made the

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<v Speaker 1>right decision.

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<v Speaker 2>Yeah, that's so cool, so very very cool.

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<v Speaker 1>Do we need to talk about what BMW is doing

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<v Speaker 1>corporately now because that is.

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<v Speaker 2>Well, they're tie in, I mean, I mean so to me,

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<v Speaker 2>the BMW story is a concern for the industry right

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<v Speaker 2>because they're having real problems getting the margins they want.

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<v Speaker 2>They're having problems and trying to I.

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<v Speaker 1>Don't think but BMW is alone by any means.

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<v Speaker 2>No. No. In fact, the reason the story I think

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<v Speaker 2>is so interesting is that BMW has been so sicks.

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<v Speaker 1>That's one of the last ones to adjust.

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<v Speaker 2>Yeah. Yeah, but they had to slash their guidance. They

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<v Speaker 2>get in. They got a new new CEO or new

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<v Speaker 2>chairman as Oliver Zipsa steps out of the lead role.

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<v Speaker 2>But he had done very well, we thought, and maybe

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<v Speaker 2>this is the new guy, like throwing everything out with

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<v Speaker 2>the kitchen sink. A lot of times when the new

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<v Speaker 2>CEO comes in, they will act the previous forecasts and

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<v Speaker 2>just drop expectations so that they can underpromise and over

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<v Speaker 2>deliver for their their.

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<v Speaker 1>Pay set themselves up for six exactly this way.

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<v Speaker 2>Yes, exactly. But look, I mean you've just pulled up

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<v Speaker 2>BMW right, and you're looking at their new concept.

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<v Speaker 1>Because yes, I want to talk about I want to hear.

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<v Speaker 1>We actually haven't discussed this, Matt, So I'm really curious

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<v Speaker 1>what you think of these concepts, especially the m concept

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<v Speaker 1>Noyah CLASSA, but also that Alpina concept that they showed

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<v Speaker 1>at COMO. I don't know if you saw it.

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<v Speaker 2>I haven't seen the Alpina concepts normally. Well, no, I

0:10:59.559 --> 0:11:03.040
<v Speaker 2>have seen Alpina concept now that I think about it,

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<v Speaker 2>But I don't think it's a concept.

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<v Speaker 1>It's a concept. What makes it? Okay?

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<v Speaker 2>Yes, this is not a production car. I've seen something

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<v Speaker 2>that Alpina has done recently which goes the other way

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<v Speaker 2>in terms of lessening the craziness of BMW. Yeah, that's

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<v Speaker 2>the Alpina concept for the the new seven.

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<v Speaker 1>Uh yet inspired by the seven series, they to my

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<v Speaker 1>knowledge design right. They have not actually confirmed that this

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<v Speaker 1>is this is anywhere, This is not a production Carr,

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<v Speaker 1>Are you saying you've.

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<v Speaker 2>Confirmed from the BMW North American CEO that Alpina will

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<v Speaker 2>make well a certain series.

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<v Speaker 1>Yeah, but there's not a timeline.

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<v Speaker 2>Of social the new design language on that.

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<v Speaker 1>That's kind of what I was getting up back to

0:11:49.840 --> 0:11:53.720
<v Speaker 1>the series. Okay, so what about this m concept Noya Classic.

0:11:54.000 --> 0:11:56.320
<v Speaker 2>I really like it. Okay, what do you think?

0:11:58.320 --> 0:12:00.920
<v Speaker 1>I like it. I'm trying to find a picture. But

0:12:01.080 --> 0:12:05.880
<v Speaker 1>to me, it reminds me a little bit of Mercedes

0:12:05.960 --> 0:12:10.120
<v Speaker 1>four door AMG coop in that it's an electric sedan.

0:12:10.360 --> 0:12:13.000
<v Speaker 1>At the end of the day, they can tart it

0:12:13.120 --> 0:12:15.560
<v Speaker 1>up however they want, but at the end of the day,

0:12:15.720 --> 0:12:17.000
<v Speaker 1>it's an electric sitan.

0:12:17.280 --> 0:12:20.280
<v Speaker 2>I wasn't thinking about the powertrain, just the design, you know.

0:12:20.920 --> 0:12:22.000
<v Speaker 2>I like the design a lot.

0:12:22.400 --> 0:12:25.400
<v Speaker 1>Sure, the design is like slightly more interesting than normal

0:12:25.440 --> 0:12:28.840
<v Speaker 1>BMW cars, which I do like. I love how brutalist

0:12:29.000 --> 0:12:32.600
<v Speaker 1>they are. I like the attitude. I in general do

0:12:32.800 --> 0:12:35.000
<v Speaker 1>like the BMW design. I like the grills, I like

0:12:35.080 --> 0:12:37.120
<v Speaker 1>all of it. And this one was like the dial

0:12:37.240 --> 0:12:40.280
<v Speaker 1>was turned a few more notches to the right. So yeah,

0:12:40.320 --> 0:12:42.520
<v Speaker 1>I like it. But I wouldn't call it like a

0:12:42.520 --> 0:12:44.080
<v Speaker 1>supercar or anything like that.

0:12:45.160 --> 0:12:48.000
<v Speaker 2>So I wasn't thinking about the powertrain. And I've seen

0:12:48.040 --> 0:12:51.240
<v Speaker 2>so much reaction to this car on Twitter, and people

0:12:51.240 --> 0:12:53.920
<v Speaker 2>are reacting to the evnus of it, and I'm and

0:12:53.960 --> 0:12:56.440
<v Speaker 2>they hate it, and I'm loving the design of it.

0:12:56.760 --> 0:12:59.359
<v Speaker 2>I don't care about the evnus of it because.

0:12:59.120 --> 0:13:02.240
<v Speaker 1>That seems insane. You, of all people always care about.

0:13:02.080 --> 0:13:03.800
<v Speaker 2>These, you know. I just mean the reason I don't

0:13:03.800 --> 0:13:07.560
<v Speaker 2>care is because I'm never gonna buy one. And uh,

0:13:07.720 --> 0:13:10.360
<v Speaker 2>if they come out with that as an EV, I'm

0:13:10.360 --> 0:13:14.120
<v Speaker 2>not interested in it because of the powertrain. I'm yeah,

0:13:14.240 --> 0:13:16.800
<v Speaker 2>I mean, I just don't have much interest in an

0:13:16.800 --> 0:13:18.400
<v Speaker 2>EV sports car.

0:13:19.200 --> 0:13:19.760
<v Speaker 1>Nobody does.

0:13:19.880 --> 0:13:22.800
<v Speaker 2>I think probably the drive train works in the I

0:13:23.000 --> 0:13:25.439
<v Speaker 2>seven and the seven series. It works because the soul

0:13:25.480 --> 0:13:28.200
<v Speaker 2>of a seven series is as much the isolation and

0:13:28.240 --> 0:13:29.960
<v Speaker 2>the suspension as it is the motive.

0:13:29.840 --> 0:13:33.319
<v Speaker 1>A rolling, smooth cocoon that shield you from the city

0:13:33.440 --> 0:13:36.080
<v Speaker 1>while you work and have your meetings and you're running

0:13:36.080 --> 0:13:37.280
<v Speaker 1>the world completely.

0:13:37.480 --> 0:13:39.400
<v Speaker 2>But the soul of an M three is the motor.

0:13:39.520 --> 0:13:42.560
<v Speaker 1>And yes, and to me, motor. Now we're looking at

0:13:42.600 --> 0:13:46.120
<v Speaker 1>a side profile. Now, this m concept Noya CLASSA. I

0:13:46.160 --> 0:13:49.240
<v Speaker 1>love to say it in your German. I was just

0:13:49.240 --> 0:13:51.640
<v Speaker 1>gonna say, this actually doesn't look any different than any

0:13:51.679 --> 0:13:54.839
<v Speaker 1>other BMW. It looks exactly the same. So if this

0:13:54.920 --> 0:13:58.520
<v Speaker 1>is their like shining new star, I'm like, well, I

0:13:58.520 --> 0:13:59.640
<v Speaker 1>think they should turn it.

0:13:59.640 --> 0:14:03.199
<v Speaker 2>Up a bit more ductail. It has a split ductail

0:14:03.240 --> 0:14:06.640
<v Speaker 2>on the back. I'm hopelessly smitten with the M two.

0:14:06.559 --> 0:14:09.719
<v Speaker 1>So I know I'm getting one actually when I get

0:14:09.720 --> 0:14:12.440
<v Speaker 1>back to LA to test drive, to test, yeah, not

0:14:12.520 --> 0:14:15.600
<v Speaker 1>to not to buy only because really, you are so

0:14:15.640 --> 0:14:18.480
<v Speaker 1>effusive about it. Now I'm really curious. I have to.

0:14:18.600 --> 0:14:21.280
<v Speaker 2>Well, my my buddy Philip Richter, you know who does yes,

0:14:21.360 --> 0:14:24.320
<v Speaker 2>who puts on the Turtle Invitational Car Show, Yes, in Bedford.

0:14:24.560 --> 0:14:31.440
<v Speaker 2>He is a huge BMW aficionado. He has like an

0:14:31.600 --> 0:14:33.440
<v Speaker 2>M six from the eighties. He has a ton of

0:14:33.440 --> 0:14:38.200
<v Speaker 2>BMW motorcycles, and the M two, the new M two,

0:14:38.360 --> 0:14:40.800
<v Speaker 2>is the first new car that he's been interested in since,

0:14:40.880 --> 0:14:43.920
<v Speaker 2>like Mercedes in the early two thousands.

0:14:44.040 --> 0:14:46.680
<v Speaker 1>That's a really that that's a good direction to go

0:14:47.200 --> 0:14:49.760
<v Speaker 1>like this, And you're right, I do. Now we're on

0:14:49.800 --> 0:14:52.680
<v Speaker 1>the BMW website and it just has powerful.

0:14:52.280 --> 0:14:54.360
<v Speaker 2>Rear end, like a powerful rear.

0:14:54.440 --> 0:14:56.800
<v Speaker 1>I know me too. This is great, this is great.

0:14:57.080 --> 0:15:01.960
<v Speaker 1>I'm excited, and but back to the mar gets Uh

0:15:02.120 --> 0:15:05.400
<v Speaker 1>is this going to change anything for the bottom.

0:15:05.080 --> 0:15:08.200
<v Speaker 2>Line, don't you know what? I'm interested. I'm interested to

0:15:08.240 --> 0:15:10.040
<v Speaker 2>see what the future would look like. I'd love to

0:15:10.160 --> 0:15:14.000
<v Speaker 2>fast forward five or ten years and just see how

0:15:14.080 --> 0:15:17.840
<v Speaker 2>EV adoption has progressed. Because obviously everybody who wanted an

0:15:17.840 --> 0:15:21.440
<v Speaker 2>EV already has one. And people who don't care about

0:15:23.080 --> 0:15:25.640
<v Speaker 2>like the soul of a car or are really the

0:15:25.720 --> 0:15:29.200
<v Speaker 2>driving experience, you know, who want an appliance, they'll get one,

0:15:29.240 --> 0:15:31.480
<v Speaker 2>for sure, because it makes perfect sense as an appliance.

0:15:32.040 --> 0:15:36.000
<v Speaker 2>But are car enthusiasts really gonna get evs? I mean,

0:15:36.040 --> 0:15:40.480
<v Speaker 2>as as I see Mercedes and Porschae and we'll talk

0:15:40.480 --> 0:15:43.760
<v Speaker 2>about what Porsche is doing in a second, try desperately

0:15:43.840 --> 0:15:48.160
<v Speaker 2>to make their evs feel like gasoline cars. Sounds like

0:15:48.160 --> 0:15:50.840
<v Speaker 2>a V eight exactly exactly, Like, oh, we made this

0:15:50.880 --> 0:15:52.960
<v Speaker 2>sound exactly like the V eight. Well, but then why

0:15:53.000 --> 0:15:56.200
<v Speaker 2>not just buy a V eight or Porsche with they.

0:15:56.240 --> 0:15:58.920
<v Speaker 1>You still have real V eights exactly yea.

0:15:59.680 --> 0:16:02.200
<v Speaker 2>And in fact, let's talk about the Porsche thing. Let's

0:16:02.240 --> 0:16:06.360
<v Speaker 2>do it. They've come out with a system on the Tychon.

0:16:07.760 --> 0:16:10.320
<v Speaker 2>It's called E Shift, and you'll be able to choose

0:16:10.360 --> 0:16:12.560
<v Speaker 2>as an option for the twenty twenty seven Tychon. It

0:16:12.640 --> 0:16:17.200
<v Speaker 2>uses steering wheel paddles to simulate an eight speed transmission,

0:16:17.400 --> 0:16:21.680
<v Speaker 2>complete with artificial shift shocks, a virtual rev limitter, engine

0:16:21.680 --> 0:16:27.000
<v Speaker 2>breaking effects, and synthesized powertrain sounds. So they're basically trying

0:16:27.040 --> 0:16:29.760
<v Speaker 2>to make it feel as much like a gasoline engine

0:16:29.760 --> 0:16:36.920
<v Speaker 2>as they can, including basically reducing the efficiency and the

0:16:37.000 --> 0:16:41.920
<v Speaker 2>kind of instant torque hit and the one gear simplicity

0:16:41.960 --> 0:16:44.120
<v Speaker 2>that you would get with an EV normally. So they're

0:16:44.120 --> 0:16:48.240
<v Speaker 2>basically trying to handicap the EV to make it feel

0:16:48.280 --> 0:16:50.400
<v Speaker 2>more like a gasoline engine. So then, like, why not

0:16:50.520 --> 0:16:53.840
<v Speaker 2>just buy one of the gasoline engine cars that they sell.

0:16:54.720 --> 0:16:59.320
<v Speaker 1>I know, that's such a good question, And honestly, I

0:16:59.360 --> 0:17:02.680
<v Speaker 1>get why they're trying to do this, because they understand

0:17:02.760 --> 0:17:07.160
<v Speaker 1>that people want to feel things with their cars, and

0:17:07.200 --> 0:17:12.320
<v Speaker 1>you have to make evs somehow. Emotional and emotions are

0:17:12.359 --> 0:17:17.399
<v Speaker 1>generated through feelings, often physical feelings, So I get that,

0:17:17.840 --> 0:17:20.920
<v Speaker 1>but I can't help but think as we see more

0:17:20.960 --> 0:17:24.840
<v Speaker 1>and more of these simulated things like simulated shifting and

0:17:24.880 --> 0:17:28.399
<v Speaker 1>simulated sounds it's only going to make the value of

0:17:28.440 --> 0:17:31.280
<v Speaker 1>the real thing even higher. True, it's only going to

0:17:31.320 --> 0:17:33.720
<v Speaker 1>make the real thing even more desirable. And it's only

0:17:33.760 --> 0:17:39.200
<v Speaker 1>going to continue to polarize the highest end where people

0:17:39.240 --> 0:17:42.920
<v Speaker 1>really want the real manual, the real combustion, the real

0:17:42.960 --> 0:17:46.440
<v Speaker 1>whatever else. And it's expensive now to get that. And

0:17:46.520 --> 0:17:51.119
<v Speaker 1>I mean it's pulling. I think everyone talks about a

0:17:51.160 --> 0:17:53.880
<v Speaker 1>K shape curve, but I feel like we're even going

0:17:53.880 --> 0:17:56.160
<v Speaker 1>in that direction just with simulated stuff.

0:17:55.920 --> 0:18:00.600
<v Speaker 2>Right, the real leather, right, yes, yes, they come out

0:18:00.640 --> 0:18:03.880
<v Speaker 2>with better and better pleather. People are going to say, hey,

0:18:04.240 --> 0:18:05.919
<v Speaker 2>I got this one with real leather in it.

0:18:07.160 --> 0:18:07.680
<v Speaker 1>I think so.

0:18:07.800 --> 0:18:10.879
<v Speaker 2>I just think it's a bit silly. I mean, imagine

0:18:10.920 --> 0:18:15.240
<v Speaker 2>if when we transitioned from horse drawn carriages to cars,

0:18:16.600 --> 0:18:20.119
<v Speaker 2>they were like, wait, let's make this like simulated poop,

0:18:20.600 --> 0:18:25.720
<v Speaker 2>you know, or this this can smell like a real horse.

0:18:26.640 --> 0:18:28.080
<v Speaker 1>It can smell like a real horse in here. I

0:18:28.119 --> 0:18:30.840
<v Speaker 1>mean I kind of think, you know what, that's it.

0:18:30.960 --> 0:18:34.040
<v Speaker 1>That's actually an argument for if you're making an EV,

0:18:34.520 --> 0:18:37.679
<v Speaker 1>just keep it in evy clean into what an EV is,

0:18:37.720 --> 0:18:44.320
<v Speaker 1>which is silent, smooth, completely uh you know, seamless acceleration,

0:18:44.560 --> 0:18:46.560
<v Speaker 1>instant acceleration. Just lean into that, right.

0:18:46.840 --> 0:18:52.360
<v Speaker 2>Yeah. Also, they're building these things for the enthusiasts, right,

0:18:52.440 --> 0:18:55.200
<v Speaker 2>And we're also seeing at the same time these brands

0:18:55.600 --> 0:19:00.359
<v Speaker 2>acts enthusiasts. Yes, products like Portia is no longer going

0:19:00.400 --> 0:19:05.199
<v Speaker 2>to sell the whatever they call it cross Charismos Sport

0:19:05.320 --> 0:19:08.520
<v Speaker 2>or whatever, like the wagon versions of their Taekons. And

0:19:08.560 --> 0:19:11.560
<v Speaker 2>they've long since stopped making the wagon version of the

0:19:11.600 --> 0:19:14.320
<v Speaker 2>PanAm Era. And that's like we were saying, that's what, yes,

0:19:14.680 --> 0:19:16.800
<v Speaker 2>you and I would want. Apparently not enough people were

0:19:16.840 --> 0:19:19.520
<v Speaker 2>buying them, so they stopped making them. If they're making

0:19:19.600 --> 0:19:23.640
<v Speaker 2>these cars fake shifting for the enthusiasts, is the enthusiast

0:19:23.720 --> 0:19:26.800
<v Speaker 2>really going to pay however much they charge, like an

0:19:26.840 --> 0:19:29.680
<v Speaker 2>extra ten thousand dollars, the option's got to be expensive,

0:19:29.760 --> 0:19:33.160
<v Speaker 2>right on an already one hundred and fifty thousand dollars car. Yeah,

0:19:33.240 --> 0:19:35.280
<v Speaker 2>I doubt it. They should just make a real EV

0:19:36.119 --> 0:19:39.000
<v Speaker 2>I know that's supposed to be an EV and in

0:19:39.080 --> 0:19:40.360
<v Speaker 2>charge accordingly completely.

0:19:40.440 --> 0:19:44.440
<v Speaker 1>Let's think also about China where China, Okay, this is

0:19:44.480 --> 0:19:47.760
<v Speaker 1>the biggest, most lucrative car market in the world. Buyers

0:19:47.760 --> 0:19:51.239
<v Speaker 1>there have already shown that they are very interested in

0:19:51.280 --> 0:19:56.560
<v Speaker 1>buying Chinese made domestically made evs because the AIS way better,

0:19:57.000 --> 0:19:59.439
<v Speaker 1>They're way more affordable, and they perform just as well,

0:19:59.480 --> 0:20:04.760
<v Speaker 1>if not better as well from Chinese automakers. Those automakers

0:20:04.760 --> 0:20:07.119
<v Speaker 1>aren't trying to add in some sort of weird sounds

0:20:07.200 --> 0:20:11.760
<v Speaker 1>or weird shifting into their cars. So why would we us,

0:20:11.800 --> 0:20:16.080
<v Speaker 1>meaning the West, then try to like come in on

0:20:16.119 --> 0:20:21.000
<v Speaker 1>the back end and give those buyers some sort of

0:20:21.040 --> 0:20:24.720
<v Speaker 1>tangible sounds that they clearly don't want. They're already happy

0:20:24.760 --> 0:20:27.440
<v Speaker 1>with the pure EV and the AI. I don't know

0:20:27.440 --> 0:20:28.520
<v Speaker 1>if I'm making sense here.

0:20:28.359 --> 0:20:32.760
<v Speaker 2>You are. You are. The argument for sound, and it's

0:20:32.800 --> 0:20:35.439
<v Speaker 2>long been a controversial in Germany that EV's don't make

0:20:35.520 --> 0:20:39.120
<v Speaker 2>noise because you can they do make coming, or because

0:20:39.240 --> 0:20:41.240
<v Speaker 2>you don't know how you can't gauge how fast they're

0:20:41.280 --> 0:20:44.040
<v Speaker 2>going by the way they sound, makes sense. But the

0:20:44.119 --> 0:20:48.280
<v Speaker 2>argument for faking a sound of a different powertrain that

0:20:48.280 --> 0:20:51.480
<v Speaker 2>doesn't make any sense to me. Yeah, like remember when

0:20:51.760 --> 0:20:54.520
<v Speaker 2>Mercedes started coming out with their fake sounds, but they

0:20:54.560 --> 0:20:58.879
<v Speaker 2>were like a lion roar or like a wave crashing. Yes,

0:20:58.960 --> 0:21:02.919
<v Speaker 2>I like that better, you know, I want somebody somebody

0:21:02.920 --> 0:21:06.119
<v Speaker 2>brought in. I think Hans Zimmer to make a sound

0:21:06.240 --> 0:21:07.679
<v Speaker 2>for their EV. That's great.

0:21:07.920 --> 0:21:09.719
<v Speaker 1>That might be BMW was it?

0:21:09.840 --> 0:21:12.879
<v Speaker 2>Yeah, big, He's the perfect kid to do it. Yes,

0:21:13.560 --> 0:21:21.040
<v Speaker 2>Like I'm all for making your own or what Dodge

0:21:21.040 --> 0:21:24.440
<v Speaker 2>did with the Fratsnic chamber or what Ferrari's doing with

0:21:24.480 --> 0:21:26.879
<v Speaker 2>the luch where they're actually amplifying the sound of the

0:21:26.880 --> 0:21:30.840
<v Speaker 2>electric motor. I get that better. I get that. I

0:21:30.840 --> 0:21:33.679
<v Speaker 2>can understand that more easily than trying to fake a

0:21:33.800 --> 0:21:34.480
<v Speaker 2>V eight sound.

0:21:35.440 --> 0:21:37.400
<v Speaker 1>I feel like the general rule of thumb of trying

0:21:37.400 --> 0:21:40.119
<v Speaker 1>to please everyone or be all things to everyone at

0:21:40.119 --> 0:21:44.520
<v Speaker 1>all times, it almost never works for anything, including cars.

0:21:44.760 --> 0:21:46.359
<v Speaker 1>I think really you should just if you're going to

0:21:46.400 --> 0:21:49.840
<v Speaker 1>do an EV, lean into it. I mean, Tesla leaned

0:21:49.880 --> 0:21:53.120
<v Speaker 1>into being completely different and being an EV and they

0:21:53.320 --> 0:21:54.360
<v Speaker 1>changed the world.

0:21:54.119 --> 0:21:57.240
<v Speaker 2>That's for sure. I'm Matt Miller along with Hannah Elliott.

0:21:57.280 --> 0:22:00.640
<v Speaker 2>You're listening to Hot Pursuit. We have more coming up

0:22:00.840 --> 0:22:11.520
<v Speaker 2>after this. I'm Matt Miller and.

0:22:11.480 --> 0:22:13.760
<v Speaker 1>I'm Hannah Elliott, and this is Hot Pursuit.

0:22:13.960 --> 0:22:18.560
<v Speaker 2>By the way, speaking of evs, we can get to

0:22:18.600 --> 0:22:23.360
<v Speaker 2>the Ferrari story. Yeah, so you already know, and we've

0:22:23.400 --> 0:22:25.480
<v Speaker 2>already talked about so many times, and Jay Leno's made

0:22:25.480 --> 0:22:29.359
<v Speaker 2>famous Ferrari's business model, right, he won't buy a Ferrari

0:22:29.440 --> 0:22:32.720
<v Speaker 2>because they want you to come and buy the entry

0:22:32.920 --> 0:22:36.199
<v Speaker 2>level models or coming by the you know, the cheaper

0:22:36.240 --> 0:22:38.520
<v Speaker 2>stuff before you can get to.

0:22:38.920 --> 0:22:40.800
<v Speaker 1>Their like the more exclusive the.

0:22:40.920 --> 0:22:43.960
<v Speaker 2>Twelve cylinders or the exactly or the one offs or

0:22:44.400 --> 0:22:46.080
<v Speaker 2>I don't know, like one of one hundred or whatever.

0:22:46.640 --> 0:22:50.680
<v Speaker 1>So and that business model has worked incredibly.

0:22:50.440 --> 0:22:53.240
<v Speaker 2>Word regardless of Jay Leno's distaste for it.

0:22:53.320 --> 0:22:58.160
<v Speaker 1>Completely it creates the perception of status and scarcity and

0:22:58.320 --> 0:23:03.000
<v Speaker 1>complete elitism in the most in the most desirable way.

0:23:03.200 --> 0:23:04.280
<v Speaker 1>You want to be in that club.

0:23:04.640 --> 0:23:08.320
<v Speaker 2>It also makes sense though, like I want to sell

0:23:08.640 --> 0:23:12.960
<v Speaker 2>my most coveted products to clients that have been with

0:23:13.160 --> 0:23:14.840
<v Speaker 2>me there throughout.

0:23:14.480 --> 0:23:17.320
<v Speaker 1>The Well, look, if you're if we're the regular at

0:23:17.359 --> 0:23:20.520
<v Speaker 1>a restaurant, we want to know that we can walk

0:23:20.560 --> 0:23:24.160
<v Speaker 1>in and have a table because we have proven we're here,

0:23:24.359 --> 0:23:28.240
<v Speaker 1>We're we're supporting you, we're fans of the restaurant. I've

0:23:28.280 --> 0:23:30.080
<v Speaker 1>been here. I want to fill some.

0:23:30.000 --> 0:23:32.920
<v Speaker 2>Of that, all your new products completely. We'll take whatever

0:23:33.000 --> 0:23:36.640
<v Speaker 2>you can serve, right, yeah, right, I totally get that,

0:23:36.680 --> 0:23:39.760
<v Speaker 2>So I'm not I'm not really against that business model.

0:23:39.840 --> 0:23:42.320
<v Speaker 1>Per se me neither. But it's a fine line. Yes,

0:23:42.359 --> 0:23:43.040
<v Speaker 1>it's a fine line.

0:23:43.080 --> 0:23:48.000
<v Speaker 2>And if they're twisting arms to uh sell the Luce,

0:23:49.000 --> 0:23:51.640
<v Speaker 2>that's more than a story about their business model. That's

0:23:51.640 --> 0:23:53.720
<v Speaker 2>a story about how nobody wants his car.

0:23:54.160 --> 0:23:59.600
<v Speaker 1>Well, yeah, I think there's for sure, there's that. There's

0:23:59.640 --> 0:24:03.760
<v Speaker 1>also the idea that people who make enough money to

0:24:03.800 --> 0:24:08.160
<v Speaker 1>buy nice ferraris aren't dumb, and nobody likes to feel

0:24:08.160 --> 0:24:11.400
<v Speaker 1>that they're being controlled, or that they're being taken advantage

0:24:11.400 --> 0:24:13.960
<v Speaker 1>of because of their money, or that they're just gonna

0:24:14.000 --> 0:24:16.920
<v Speaker 1>take it. And I've heard plenty of people who own

0:24:17.000 --> 0:24:20.439
<v Speaker 1>ferraris who say, I'm so sick of being you know,

0:24:20.800 --> 0:24:23.320
<v Speaker 1>dictated to about what I can and can't buy. I'm

0:24:23.400 --> 0:24:25.760
<v Speaker 1>kind of done. You know, it gets to a point

0:24:25.800 --> 0:24:28.800
<v Speaker 1>where they don't like it anymore. But then you have

0:24:29.160 --> 0:24:32.080
<v Speaker 1>like David Lee for instance, told me, Yeah, maybe he'll

0:24:32.080 --> 0:24:35.520
<v Speaker 1>buy the LuSE and Luce, and if he decides to

0:24:35.560 --> 0:24:37.960
<v Speaker 1>sell it in a few years after the you know

0:24:38.080 --> 0:24:40.760
<v Speaker 1>period where he can't flip it ends, then he'll sell

0:24:40.800 --> 0:24:43.399
<v Speaker 1>it and to someone like that he can afford it

0:24:43.400 --> 0:24:44.280
<v Speaker 1>and it's not that big a deal.

0:24:44.400 --> 0:24:47.399
<v Speaker 2>Yeah, for him, is no problem. But I think and Okay,

0:24:47.440 --> 0:24:49.920
<v Speaker 2>he just paid thirty eight million dollars for a car,

0:24:50.040 --> 0:24:53.560
<v Speaker 2>so he can buy everything. But I have a friend

0:24:53.560 --> 0:24:58.040
<v Speaker 2>who just bought a two ninety six GTB because well,

0:24:58.080 --> 0:25:00.840
<v Speaker 2>not necessarily because he wants to twelve cylinder, but his

0:25:00.880 --> 0:25:04.359
<v Speaker 2>expectation is that it's in his mind. Yes, at the

0:25:04.400 --> 0:25:07.040
<v Speaker 2>same time, he's loving the two ninety six.

0:25:07.200 --> 0:25:07.760
<v Speaker 1>That's so good.

0:25:07.800 --> 0:25:11.200
<v Speaker 2>He's having so much fun driving it. Yes, And also

0:25:11.320 --> 0:25:13.960
<v Speaker 2>when people see him driving the two ninety six, they're like,

0:25:14.080 --> 0:25:17.119
<v Speaker 2>that's an awesome car. That dude is a total baller.

0:25:17.440 --> 0:25:21.040
<v Speaker 2>He's driving a sweet Ferrari. Whereas if he bought the

0:25:21.119 --> 0:25:24.520
<v Speaker 2>Luce to get there a number one, I'm not sure

0:25:24.560 --> 0:25:27.200
<v Speaker 2>how he would be feeling about it. It's probably awesome,

0:25:27.200 --> 0:25:30.119
<v Speaker 2>fun to drive, and the interior looks comfortable, you know,

0:25:31.240 --> 0:25:32.960
<v Speaker 2>but definitely people on the street would be like, look

0:25:33.000 --> 0:25:36.040
<v Speaker 2>at that idiot. He's driving a six hundred and fifty

0:25:36.119 --> 0:25:39.720
<v Speaker 2>thousand dollars Apple car, Like, what a sucker.

0:25:39.960 --> 0:25:43.399
<v Speaker 1>The thing that I wonder is is there space for

0:25:43.640 --> 0:25:46.679
<v Speaker 1>a group of Luce owners to become kind of like

0:25:46.760 --> 0:25:49.840
<v Speaker 1>cyber truck owners where they have their own little tribe

0:25:50.200 --> 0:25:54.879
<v Speaker 1>and they they're in their world. They like it, and

0:25:54.920 --> 0:25:57.840
<v Speaker 1>it's a badge of pride to drive a cyber truck,

0:25:57.880 --> 0:25:59.720
<v Speaker 1>even though the cyber truck is widely hated.

0:25:59.880 --> 0:26:02.760
<v Speaker 2>You think that's how it is. Yes, you know someone

0:26:02.800 --> 0:26:04.040
<v Speaker 2>who drives a cyber truck.

0:26:05.000 --> 0:26:09.280
<v Speaker 1>Yeah, and among that set, it's kind of like a

0:26:09.320 --> 0:26:14.560
<v Speaker 1>badge of pride, like they're they're very tight. I wonder

0:26:14.600 --> 0:26:16.080
<v Speaker 1>if that would happen with Luce at all.

0:26:16.320 --> 0:26:19.960
<v Speaker 2>I don't know. I try to be a kind person

0:26:20.200 --> 0:26:23.160
<v Speaker 2>you are. I hope that I'm tolerant and open minded

0:26:23.400 --> 0:26:27.320
<v Speaker 2>and inclusive, you know, And I mean that in the

0:26:27.440 --> 0:26:30.440
<v Speaker 2>least woke and most authentic way that you know, because

0:26:30.480 --> 0:26:33.240
<v Speaker 2>I want to be I was telling my wife the

0:26:33.280 --> 0:26:37.359
<v Speaker 2>other day that, like, you know, being kind it's like

0:26:37.400 --> 0:26:40.320
<v Speaker 2>free money because you're you make yourself feel good about you.

0:26:40.760 --> 0:26:43.760
<v Speaker 2>But but but I still can't help a past judgment

0:26:43.800 --> 0:26:45.760
<v Speaker 2>on anybody I see driving a cyber truck.

0:26:46.119 --> 0:26:51.240
<v Speaker 1>I always go back to, I see how children got

0:26:51.320 --> 0:26:54.360
<v Speaker 1>so excited for that cyber truck, And I've driven one

0:26:54.480 --> 0:26:56.800
<v Speaker 1>and had lived in one for a few days, and

0:26:56.920 --> 0:26:58.160
<v Speaker 1>it wasn't that bad.

0:26:58.760 --> 0:27:00.760
<v Speaker 2>No, I hear you. I think I think about your

0:27:00.800 --> 0:27:04.200
<v Speaker 2>test drive as well, and I think about how much

0:27:04.240 --> 0:27:12.680
<v Speaker 2>I respect both Elon Musk and vun Holdsausen for having

0:27:12.680 --> 0:27:14.919
<v Speaker 2>the courage on the show, for having the courage to

0:27:14.960 --> 0:27:17.200
<v Speaker 2>make it. And at the time, I was like, that's

0:27:17.600 --> 0:27:22.440
<v Speaker 2>cool because they're willing to break out of this conformist

0:27:22.920 --> 0:27:26.600
<v Speaker 2>like yes, But at the same time, when I see

0:27:26.640 --> 0:27:31.760
<v Speaker 2>someone driving a cyber truck past the Starbucks in Scarsdale, I.

0:27:31.720 --> 0:27:35.680
<v Speaker 1>Think, yeah, so that's an interesting thing. I don't think

0:27:35.720 --> 0:27:37.720
<v Speaker 1>this applies to cyber truck owners because I think you

0:27:37.760 --> 0:27:39.840
<v Speaker 1>have to really know what you're doing, or like, you

0:27:39.880 --> 0:27:41.560
<v Speaker 1>know what you're buying when you buy a cyber truck.

0:27:41.680 --> 0:27:43.920
<v Speaker 1>But a lot of people who owned Tesla's, at least

0:27:43.920 --> 0:27:47.360
<v Speaker 1>in La, they don't think about it that deeply. Well,

0:27:47.720 --> 0:27:50.360
<v Speaker 1>like the girl who colors my hair owns a Tesla

0:27:50.440 --> 0:27:52.360
<v Speaker 1>and she just wanted an electric car.

0:27:52.560 --> 0:27:56.280
<v Speaker 2>Yeah, but that's because they're cheap ish, right with the

0:27:56.280 --> 0:28:00.840
<v Speaker 2>Model three and great appliance is easy to get to

0:28:00.840 --> 0:28:01.960
<v Speaker 2>a to B. You never have to go to gas

0:28:01.960 --> 0:28:03.760
<v Speaker 2>station again. I get that, But if you're buying a

0:28:03.800 --> 0:28:07.800
<v Speaker 2>cyber truck, yeah, you're paying extra money and I imagine

0:28:07.800 --> 0:28:11.800
<v Speaker 2>you have some kind of weight in order to broadcast

0:28:11.840 --> 0:28:14.919
<v Speaker 2>to the world that you know, I'm part of a

0:28:14.960 --> 0:28:17.119
<v Speaker 2>club that you probably don't like.

0:28:17.280 --> 0:28:20.120
<v Speaker 1>Let's get specific when you're talking about these values, Matt,

0:28:20.240 --> 0:28:21.600
<v Speaker 1>what values are you elluding?

0:28:21.680 --> 0:28:24.480
<v Speaker 2>We don't need to get that specific, right, but you're basically.

0:28:25.280 --> 0:28:31.320
<v Speaker 1>You're supporting Elon's efforts with SpaceX and AI type things

0:28:31.720 --> 0:28:36.199
<v Speaker 1>do okay. So the astration the specific you're like, if

0:28:36.240 --> 0:28:40.440
<v Speaker 1>you buy a cyber truck, it does telegraph perhaps that

0:28:40.520 --> 0:28:45.280
<v Speaker 1>you're okay with that agenda. That with the cyber truck

0:28:45.400 --> 0:28:47.880
<v Speaker 1>I agree with. I don't think that applies to all

0:28:47.920 --> 0:28:48.840
<v Speaker 1>Tesla drivers.

0:28:48.960 --> 0:28:51.400
<v Speaker 2>No, of course not. That's not a Model three driver.

0:28:51.480 --> 0:28:52.640
<v Speaker 2>That's not a Model ye driver.

0:28:52.840 --> 0:28:54.080
<v Speaker 1>It's interesting that's.

0:28:53.920 --> 0:28:58.280
<v Speaker 2>Saying like I'm a you know, a family or a

0:28:58.280 --> 0:29:02.080
<v Speaker 2>person who's wanting maybe even smart with my money.

0:29:02.240 --> 0:29:04.840
<v Speaker 1>You know, I know, it's really interesting to think about.

0:29:05.440 --> 0:29:07.880
<v Speaker 2>It's it's a very different set of people.

0:29:08.120 --> 0:29:10.840
<v Speaker 1>Do you think cars are more political now than they

0:29:10.880 --> 0:29:12.479
<v Speaker 1>were in like the seventies and eighties.

0:29:13.200 --> 0:29:17.480
<v Speaker 2>I can't really answer that because in the seventies and

0:29:17.520 --> 0:29:23.400
<v Speaker 2>eighties I was mostly interested in cars only for design

0:29:23.640 --> 0:29:28.080
<v Speaker 2>and motor and status. I wasn't really interested. I wasn't

0:29:28.080 --> 0:29:31.760
<v Speaker 2>even born until you know, nineteen seventy three, So I

0:29:31.800 --> 0:29:35.440
<v Speaker 2>wasn't thinking about politics until the eighties, And at that point,

0:29:35.800 --> 0:29:40.800
<v Speaker 2>I don't know, I was more concerned with like the

0:29:40.880 --> 0:29:43.480
<v Speaker 2>car itself than what it said about the person driving it.

0:29:43.560 --> 0:29:46.280
<v Speaker 2>Don't maybe it did say something about you that you

0:29:46.320 --> 0:29:46.920
<v Speaker 2>were I.

0:29:46.840 --> 0:29:49.640
<v Speaker 1>Just remember, you know, old guys back in the day

0:29:49.680 --> 0:29:51.480
<v Speaker 1>would say they would never drive a Ford, or they

0:29:51.520 --> 0:29:53.160
<v Speaker 1>would never drive a Chevy or.

0:29:53.200 --> 0:29:54.480
<v Speaker 2>You know, there's always been that.

0:29:54.720 --> 0:29:55.560
<v Speaker 1>There's always that.

0:29:55.600 --> 0:29:57.160
<v Speaker 2>But they're from the same place.

0:29:57.280 --> 0:29:57.520
<v Speaker 1>Right.

0:29:57.600 --> 0:30:02.640
<v Speaker 2>If you get two guys from Lexing, Kentucky who both

0:30:02.680 --> 0:30:04.800
<v Speaker 2>work for I don't know, Columbia Gas.

0:30:04.720 --> 0:30:07.200
<v Speaker 1>You know they're gonna want to have a Corvette.

0:30:07.240 --> 0:30:09.560
<v Speaker 2>Well, no, I'm just saying one will say I only

0:30:09.560 --> 0:30:11.040
<v Speaker 2>want a Chevy and the other one will say I

0:30:11.040 --> 0:30:12.920
<v Speaker 2>only want Afford. It has nothing to do with like

0:30:13.080 --> 0:30:16.160
<v Speaker 2>their political socioeconomic Yeah, nothing to do.

0:30:16.280 --> 0:30:18.920
<v Speaker 1>But now it does feel like I think cars are

0:30:18.960 --> 0:30:22.600
<v Speaker 1>more political, and probably that's really around EV's.

0:30:22.680 --> 0:30:24.680
<v Speaker 2>Yeah, in general, I'd say that's probably true.

0:30:24.840 --> 0:30:26.280
<v Speaker 1>Yeah, which is interesting.

0:30:27.200 --> 0:30:31.440
<v Speaker 2>What are you doing here? I'm just as in New York.

0:30:31.720 --> 0:30:34.520
<v Speaker 2>Usually usually you're in LA and we can get to

0:30:34.520 --> 0:30:38.000
<v Speaker 2>see each other. Right now, we're in the same studio together, and.

0:30:38.320 --> 0:30:40.320
<v Speaker 1>What I'm doing here is having fun and living my

0:30:40.400 --> 0:30:43.640
<v Speaker 1>life in the greatest city this world has ever seen.

0:30:43.840 --> 0:30:45.880
<v Speaker 2>Are you here for the championship?

0:30:45.920 --> 0:30:48.200
<v Speaker 1>I mean, I was here on that fateful night on

0:30:48.280 --> 0:30:50.960
<v Speaker 1>Saturday night, out in the streets with the people. It

0:30:51.000 --> 0:30:53.200
<v Speaker 1>was one of the greatest nights of my life, a

0:30:53.240 --> 0:30:57.560
<v Speaker 1>time to remember and a real benchmark for all New Yorkers.

0:30:57.640 --> 0:31:00.800
<v Speaker 1>Will always say, where were you on the night the

0:31:00.880 --> 0:31:03.520
<v Speaker 1>Knicks one and five? And I was in Dimes Square

0:31:03.680 --> 0:31:07.720
<v Speaker 1>And I was actually with mister Enthusiast, mister Phillip Toledano

0:31:07.840 --> 0:31:11.240
<v Speaker 1>also far over and his family watching the game, and

0:31:11.440 --> 0:31:13.440
<v Speaker 1>we were sort of upstairs, and then we were out

0:31:13.480 --> 0:31:17.960
<v Speaker 1>in the streets celebrating, and it was amazing. So yes,

0:31:18.160 --> 0:31:21.520
<v Speaker 1>I I we had already planned to be here just

0:31:21.560 --> 0:31:24.200
<v Speaker 1>because I love New York City and it feels like home.

0:31:24.680 --> 0:31:26.560
<v Speaker 2>Yeah, I mean, and I'm doing a little.

0:31:26.640 --> 0:31:30.440
<v Speaker 1>Oh. Also, our anniversary was yesterday, married in New.

0:31:30.440 --> 0:31:33.600
<v Speaker 2>York, so I had and you were married by mister Enthusiast.

0:31:33.760 --> 0:31:35.760
<v Speaker 1>So we kind of just thought, let's be in the

0:31:35.800 --> 0:31:37.240
<v Speaker 1>city for our anniversary.

0:31:37.320 --> 0:31:41.400
<v Speaker 2>That's that's really cool. I was watching the game with

0:31:41.440 --> 0:31:45.240
<v Speaker 2>my wife and it was so great to see basically

0:31:45.360 --> 0:31:48.320
<v Speaker 2>Jalen Brunson carry the team to victory at the end.

0:31:48.400 --> 0:31:51.240
<v Speaker 2>That guy is an absolute machine.

0:31:50.080 --> 0:31:53.880
<v Speaker 1>He's not tall, it's your height.

0:31:54.080 --> 0:31:55.000
<v Speaker 2>I am taller than Jal.

0:31:55.400 --> 0:31:58.880
<v Speaker 1>That is incredible to me, the size of that guy's heart.

0:31:59.440 --> 0:32:02.880
<v Speaker 2>Yeah, and it's true because I mean, for those who

0:32:02.880 --> 0:32:07.080
<v Speaker 2>didn't watch the game, it came down to stamina and endurance.

0:32:07.080 --> 0:32:09.600
<v Speaker 2>At the end, everybody was so tired, you know, Wemby

0:32:09.760 --> 0:32:14.080
<v Speaker 2>was like dead on the floor, and Brunton, I'm sure Brunson,

0:32:14.120 --> 0:32:18.280
<v Speaker 2>who is far older and in let's just say, different

0:32:18.360 --> 0:32:21.840
<v Speaker 2>shape than a lot of the other players, persevered. He

0:32:21.920 --> 0:32:23.840
<v Speaker 2>just pushed through it. And he must have been just

0:32:23.880 --> 0:32:26.280
<v Speaker 2>as tired, but he just put his shoulder down, drove

0:32:26.320 --> 0:32:28.400
<v Speaker 2>it to the hoop, and put it in for I

0:32:28.440 --> 0:32:31.800
<v Speaker 2>think he had like forty five points, yeah, of a

0:32:31.840 --> 0:32:34.760
<v Speaker 2>total of ninety four. He just crushed it.

0:32:34.960 --> 0:32:38.440
<v Speaker 1>I just have to say, too, there was something really

0:32:38.480 --> 0:32:42.760
<v Speaker 1>special about it because New York, you know, you've got

0:32:43.240 --> 0:32:47.720
<v Speaker 1>so many different sports teams that even if say the Yankees,

0:32:48.440 --> 0:32:52.200
<v Speaker 1>when the Mets fans are not gonna support the Yankees

0:32:52.240 --> 0:32:55.920
<v Speaker 1>no matter what. But somehow, with the Knicks, it's felt

0:32:55.960 --> 0:32:59.600
<v Speaker 1>like all of New York had united around this team.

0:32:59.640 --> 0:33:03.040
<v Speaker 1>I mean, Jets fans are not going to support the Giants, probably,

0:33:03.320 --> 0:33:04.120
<v Speaker 1>but somehow that.

0:33:04.240 --> 0:33:05.880
<v Speaker 2>Your books, I'm sure you're right. I bet you that

0:33:06.520 --> 0:33:10.080
<v Speaker 2>there were Nets fans, Brooklyn Nets fans who were very

0:33:10.120 --> 0:33:12.560
<v Speaker 2>happy about the Knick championship.

0:33:12.200 --> 0:33:15.960
<v Speaker 1>Right, So somehow it just felt more unifying and completely

0:33:16.280 --> 0:33:20.840
<v Speaker 1>it just felt like such elation. And I haven't felt

0:33:20.840 --> 0:33:23.120
<v Speaker 1>that in a long time. Obviously I live in La now,

0:33:23.120 --> 0:33:26.800
<v Speaker 1>but I'm back here a lot I had. I hadn't

0:33:26.800 --> 0:33:28.560
<v Speaker 1>seen that in a long time, so it was very

0:33:29.320 --> 0:33:30.640
<v Speaker 1>it was nice, a nice moment.

0:33:30.960 --> 0:33:33.360
<v Speaker 2>I just googled it because Jalen Brunson lives up by

0:33:33.400 --> 0:33:37.120
<v Speaker 2>me as car sale and uh, I've never seen him

0:33:37.240 --> 0:33:40.520
<v Speaker 2>driving it, but reportedly he has a g Wagon well Love,

0:33:40.800 --> 0:33:43.280
<v Speaker 2>no surprise, and has been spotted behind the wheel of

0:33:43.280 --> 0:33:48.440
<v Speaker 2>a range Rover Love also no surprise. But he's partnered

0:33:48.480 --> 0:33:52.320
<v Speaker 2>with Lucid Motors, which is interesting. I mean, they have money,

0:33:52.640 --> 0:33:56.560
<v Speaker 2>you know. And also I really enjoyed for the few

0:33:56.600 --> 0:34:01.200
<v Speaker 2>days that I drove a Lucid Air that hicle. You know,

0:34:01.240 --> 0:34:03.400
<v Speaker 2>I wouldn't want to I don't think own one, but.

0:34:04.400 --> 0:34:10.919
<v Speaker 1>Yeah, yeah, yeah you've driven, Yeah, I've driven it. The panel,

0:34:11.200 --> 0:34:14.719
<v Speaker 1>The the panel covering the A pillar fell off. I

0:34:14.719 --> 0:34:15.959
<v Speaker 1>mean it was like falling off.

0:34:17.160 --> 0:34:19.360
<v Speaker 2>I don't think they're known for bad quality.

0:34:20.000 --> 0:34:21.520
<v Speaker 1>They're they're not They're not great.

0:34:21.800 --> 0:34:22.160
<v Speaker 2>Really.

0:34:22.280 --> 0:34:25.520
<v Speaker 1>Yeah, they're way overpriced, I think. I'll be honest. I

0:34:25.520 --> 0:34:28.719
<v Speaker 1>think they're very ugly and they're very overpriced. Yeah, I

0:34:28.760 --> 0:34:30.600
<v Speaker 1>don't think and they're losing money.

0:34:30.719 --> 0:34:32.920
<v Speaker 2>This is not I don't think they're that like. The

0:34:33.000 --> 0:34:35.600
<v Speaker 2>design isn't to me. I don't get it. I don't

0:34:35.640 --> 0:34:40.080
<v Speaker 2>get it. But it doesn't look too much different than

0:34:40.080 --> 0:34:40.439
<v Speaker 2>a Ferrari.

0:34:42.040 --> 0:34:43.120
<v Speaker 1>Well that's the low bar.

0:34:43.800 --> 0:34:44.400
<v Speaker 2>That's true.

0:34:45.520 --> 0:34:48.200
<v Speaker 1>I don't have a compelling reason to purchase one. I

0:34:48.200 --> 0:34:51.600
<v Speaker 1>would say even I could come up with a compelling reason,

0:34:51.680 --> 0:34:52.840
<v Speaker 1>perhaps to buy a Tesla.

0:34:53.160 --> 0:34:56.800
<v Speaker 2>Have you driven a Gravity No, I haven't gravity. I

0:34:56.840 --> 0:34:59.239
<v Speaker 2>haven't driven on yet either. I felt like it was

0:34:59.480 --> 0:35:01.799
<v Speaker 2>the air was a very solid vehicle, and it was

0:35:01.960 --> 0:35:05.320
<v Speaker 2>super fast. But yeah, I don't think it.

0:35:05.640 --> 0:35:07.399
<v Speaker 1>Speed is such a commodity these days.

0:35:07.480 --> 0:35:08.919
<v Speaker 2>That's true. You know, that's true.

0:35:08.920 --> 0:35:11.959
<v Speaker 1>It really I keep going back to I think I'm warned.

0:35:12.160 --> 0:35:13.200
<v Speaker 1>Maybe I'm just getting old.

0:35:13.280 --> 0:35:16.800
<v Speaker 2>You know, it's very fast, is my twenty twenty BMWM

0:35:16.920 --> 0:35:20.279
<v Speaker 2>seven sixty. I love it. It's so fast. I was

0:35:20.360 --> 0:35:24.840
<v Speaker 2>driving in this morning, and I realized that for the

0:35:24.880 --> 0:35:27.320
<v Speaker 2>first time I may have to set like a speed

0:35:27.400 --> 0:35:31.000
<v Speaker 2>warning or limiter because that, yeah, you can do that.

0:35:31.120 --> 0:35:36.200
<v Speaker 2>And I just I keep looking down and realizing that

0:35:36.320 --> 0:35:39.160
<v Speaker 2>I could, instead of ending up at work, end up

0:35:39.160 --> 0:35:39.600
<v Speaker 2>in jail.

0:35:40.000 --> 0:35:42.400
<v Speaker 1>You know, we don't want we can't have that, and.

0:35:42.800 --> 0:35:47.640
<v Speaker 2>It's, uh, the V twelve is just it's like a

0:35:47.680 --> 0:35:50.560
<v Speaker 2>locomotive that keeps on pulling, and it's addictive to put

0:35:50.560 --> 0:35:53.120
<v Speaker 2>the pedal further and further down, you know what. The

0:35:53.320 --> 0:35:56.600
<v Speaker 2>one of the best things about it is though it

0:35:56.640 --> 0:36:01.600
<v Speaker 2>has all of these physical buttons everywhere that you can touch,

0:36:01.760 --> 0:36:05.040
<v Speaker 2>or dials that you can turn, and not like a

0:36:05.080 --> 0:36:06.400
<v Speaker 2>haptic touch, but like.

0:36:06.400 --> 0:36:08.880
<v Speaker 1>An actual an actual knob.

0:36:08.600 --> 0:36:11.680
<v Speaker 2>Button or a knob and it's honestly, it's it's like

0:36:11.760 --> 0:36:15.759
<v Speaker 2>the best part of you know, I got just got

0:36:15.760 --> 0:36:18.319
<v Speaker 2>this car after having driven the M two that I

0:36:18.360 --> 0:36:20.240
<v Speaker 2>love so much a couple of weeks ago. But the

0:36:20.480 --> 0:36:24.680
<v Speaker 2>M two has this giant like rectangular screen that looks

0:36:24.680 --> 0:36:27.640
<v Speaker 2>like they just glued it on at the last minute,

0:36:27.680 --> 0:36:31.080
<v Speaker 2>and also could be a serious injury risk if you

0:36:31.120 --> 0:36:36.240
<v Speaker 2>get into an accident, and it's useless for controlling the car.

0:36:37.760 --> 0:36:42.240
<v Speaker 2>It's like I have to dig deep into digital menus

0:36:42.320 --> 0:36:45.440
<v Speaker 2>to find out how to do this or that. And

0:36:45.920 --> 0:36:48.640
<v Speaker 2>if there's a button, even for the night vision in

0:36:48.680 --> 0:36:51.440
<v Speaker 2>my car, there's a physical button that push.

0:36:51.360 --> 0:36:53.600
<v Speaker 1>Because normally that would be buried under like five L.

0:36:54.080 --> 0:36:56.040
<v Speaker 2>No, it's just a button to the left of the

0:36:56.080 --> 0:36:58.200
<v Speaker 2>steering wheel, and I can see if there are any

0:36:58.280 --> 0:37:01.920
<v Speaker 2>deer hiding off the side of the Taconic, so.

0:37:02.320 --> 0:37:03.360
<v Speaker 1>You can't be too careful.

0:37:03.400 --> 0:37:06.759
<v Speaker 2>It's just fantastic. I think I'm gonna go home right now.

0:37:07.040 --> 0:37:07.600
<v Speaker 1>Go drive it.

0:37:07.719 --> 0:37:09.520
<v Speaker 2>Yes, well, I want to bring you down there.

0:37:09.640 --> 0:37:12.560
<v Speaker 1>Okay, we got to hurry. We gotta hurry. That does

0:37:12.600 --> 0:37:14.440
<v Speaker 1>it for this week's show, We've got to go down

0:37:14.480 --> 0:37:17.040
<v Speaker 1>and look at a car real quick. Remember to follow

0:37:17.080 --> 0:37:20.920
<v Speaker 1>and subscribe to Hot Pursuit on Apple, Spotify, and anywhere

0:37:20.920 --> 0:37:23.560
<v Speaker 1>else you listen. You can also send us your comments.

0:37:23.640 --> 0:37:25.880
<v Speaker 1>Email us at hot Pursuit at Bloomberg.

0:37:25.480 --> 0:37:28.360
<v Speaker 2>Dot net, and check out Hannah's columns and stories on

0:37:28.360 --> 0:37:30.719
<v Speaker 2>Bloomberg dot com and the Bloomberg Business app. Go there

0:37:30.760 --> 0:37:33.719
<v Speaker 2>for car reviews, events and stories that you won't find

0:37:33.760 --> 0:37:36.200
<v Speaker 2>anywhere else. Find it all at Bloomberg dot com, Slash

0:37:36.239 --> 0:37:39.200
<v Speaker 2>Pursuits slash Autos. I'm Matt Miller.

0:37:39.120 --> 0:37:41.640
<v Speaker 1>And I'm Hannah Elliott. We'll be back in your podcast

0:37:41.640 --> 0:37:42.800
<v Speaker 1>feed again next week