1 00:00:02,520 --> 00:00:10,239 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. I'm Matt Miller and 2 00:00:10,240 --> 00:00:12,560 Speaker 1: I'm Hannah Elliott, and this is Hot Pursuit. 3 00:00:19,400 --> 00:00:21,919 Speaker 2: All right, we have well, we have kind of a 4 00:00:21,960 --> 00:00:24,680 Speaker 2: shorter podcast day because you have to rush off and 5 00:00:24,720 --> 00:00:26,279 Speaker 2: research a very cool story. 6 00:00:27,040 --> 00:00:28,320 Speaker 1: I'm excited to talk about it. 7 00:00:28,480 --> 00:00:32,240 Speaker 2: I want to hear about that. Maybe you can quickly 8 00:00:32,280 --> 00:00:34,600 Speaker 2: explain it to us. Plus, we're going to compare notes 9 00:00:34,640 --> 00:00:39,120 Speaker 2: on the Dodge Charger Daytona scat pack because we've both 10 00:00:39,159 --> 00:00:39,720 Speaker 2: driven in. 11 00:00:40,000 --> 00:00:43,959 Speaker 1: Yeah, which is code for it's an electric muscle car. 12 00:00:44,159 --> 00:00:46,000 Speaker 2: Yeah. And I have to think I have a lot 13 00:00:46,080 --> 00:00:48,840 Speaker 2: on EV's like you have a story on the Tesla Diner, 14 00:00:48,920 --> 00:00:51,520 Speaker 2: so I want to get into what that is. And 15 00:00:52,240 --> 00:00:55,040 Speaker 2: I also want to talk a little bit about Ford 16 00:00:55,480 --> 00:00:59,240 Speaker 2: because I interviewed Jim Farley this week and we're getting 17 00:00:59,240 --> 00:01:04,200 Speaker 2: more tariff news is which creates an interesting conundrum or 18 00:01:04,600 --> 00:01:10,920 Speaker 2: or maybe unintended consequences for the Trump administration rules. So 19 00:01:11,160 --> 00:01:13,640 Speaker 2: let's start all of that with just a brief Can 20 00:01:13,680 --> 00:01:15,920 Speaker 2: you give us a brief synopsis of where you're going, 21 00:01:15,959 --> 00:01:17,880 Speaker 2: of what you're doing, Yes. 22 00:01:18,319 --> 00:01:22,360 Speaker 1: Just briefly. I am going to visit Ben Tuona, who 23 00:01:22,640 --> 00:01:28,479 Speaker 1: is a really talented stained glass fabricator and really master 24 00:01:28,600 --> 00:01:33,560 Speaker 1: craftsman who works in his shop in Glendale. We are 25 00:01:33,600 --> 00:01:37,759 Speaker 1: doing a really big photo shoot and feature on his work, 26 00:01:38,680 --> 00:01:41,240 Speaker 1: which has been seen a little bit in pieces here 27 00:01:41,319 --> 00:01:43,920 Speaker 1: and there, but hasn't really been featured properly. He has 28 00:01:43,959 --> 00:01:50,400 Speaker 1: started putting stained glass in Old Portchas an old nine 29 00:01:50,440 --> 00:01:54,240 Speaker 1: to eleven, an old three five six. So I don't 30 00:01:54,240 --> 00:01:56,840 Speaker 1: want to say too much more about it, but it's 31 00:01:56,840 --> 00:02:00,760 Speaker 1: a really feel good story. It involves some things local 32 00:02:00,800 --> 00:02:04,080 Speaker 1: to California. It's a family business, et cetera, et cetera. 33 00:02:04,200 --> 00:02:06,320 Speaker 1: So I'm really excited to go talk to Ben in 34 00:02:06,360 --> 00:02:06,960 Speaker 1: a few minutes. 35 00:02:07,080 --> 00:02:10,160 Speaker 2: Yeah, I'm looking forward to seeing that story, definitely seeing 36 00:02:10,160 --> 00:02:13,160 Speaker 2: the photos, but also hearing about the growth in that 37 00:02:13,240 --> 00:02:17,600 Speaker 2: business and you know, just how that that family has 38 00:02:17,639 --> 00:02:22,040 Speaker 2: been able to nurture like this craft, this artisan you 39 00:02:22,080 --> 00:02:30,320 Speaker 2: know skill, yeah, or old world skill into a marketable talent. Okay, 40 00:02:30,400 --> 00:02:34,400 Speaker 2: let's let's talk a little about this. Dodge Charger is 41 00:02:35,040 --> 00:02:38,720 Speaker 2: the Dodge Charger EV which, first of all, you know, 42 00:02:38,800 --> 00:02:43,079 Speaker 2: I have a Dodge Challenger scat pack, so I have 43 00:02:43,240 --> 00:02:47,440 Speaker 2: the two door muscle car, the gas powered one that 44 00:02:47,520 --> 00:02:50,919 Speaker 2: Dodge basically ended production of in twenty twenty three, and 45 00:02:51,000 --> 00:02:54,000 Speaker 2: so for me, I was really fascinated to see what 46 00:02:54,320 --> 00:02:56,959 Speaker 2: driving the EV version of it would be. It's already 47 00:02:57,000 --> 00:03:00,000 Speaker 2: weird because they call it a Charger instead of a Challenge, 48 00:03:00,400 --> 00:03:03,080 Speaker 2: and it is a two door. It is essentially the 49 00:03:03,080 --> 00:03:05,040 Speaker 2: new version of the Challenger, So I don't know why 50 00:03:05,040 --> 00:03:09,360 Speaker 2: they did that name switch, but yeah, I was shocked 51 00:03:09,560 --> 00:03:12,720 Speaker 2: at how much I absolutely loved the vehicle. 52 00:03:13,240 --> 00:03:16,440 Speaker 1: Yes, oh, I'm so happy to hear that, because I 53 00:03:17,200 --> 00:03:21,080 Speaker 1: also loved it. But I'm not the core audience or demographic, 54 00:03:21,400 --> 00:03:24,919 Speaker 1: you know, you really, Matt, are like the core person 55 00:03:24,919 --> 00:03:26,919 Speaker 1: who's going to care about it and have a lot 56 00:03:26,960 --> 00:03:29,840 Speaker 1: of gripes and you're gonna know why you hate it 57 00:03:29,919 --> 00:03:32,400 Speaker 1: or why you love it. So I also had a 58 00:03:32,400 --> 00:03:36,400 Speaker 1: lot of fun, but I don't own something in this wheelhouse, 59 00:03:36,480 --> 00:03:37,800 Speaker 1: So what did you love about it? 60 00:03:37,880 --> 00:03:40,920 Speaker 2: Yeah? It's interesting because the I think the core audience 61 00:03:41,120 --> 00:03:44,280 Speaker 2: is the very last target market that you would want 62 00:03:44,320 --> 00:03:46,680 Speaker 2: to try and sell an EV to. Like muscle car 63 00:03:46,800 --> 00:03:50,000 Speaker 2: guys like the smell, they like the sound, they like 64 00:03:50,080 --> 00:03:56,000 Speaker 2: the vibes, they like almost the anachronistic, you know point 65 00:03:56,160 --> 00:04:02,960 Speaker 2: of these big gas guzzling, big motors. And so they're 66 00:04:03,000 --> 00:04:05,160 Speaker 2: really not interested in EV's and they even have kind 67 00:04:05,160 --> 00:04:09,720 Speaker 2: of like a violent reaction against EV's in general. So 68 00:04:10,760 --> 00:04:13,480 Speaker 2: no idea why they Dodge thought this was a good idea, 69 00:04:13,560 --> 00:04:16,200 Speaker 2: but I think it's just one more of the ways 70 00:04:16,200 --> 00:04:19,839 Speaker 2: that Carlos Tavares like almost destroyed this company in his 71 00:04:19,920 --> 00:04:24,240 Speaker 2: tenure at CEO. But I loved it because it really, 72 00:04:24,279 --> 00:04:28,760 Speaker 2: to me looks like an early seventies evolution of If 73 00:04:28,760 --> 00:04:31,320 Speaker 2: the Challenger is like a late sixties muscle car, I'm 74 00:04:31,360 --> 00:04:33,960 Speaker 2: talking about the new version, so it isn't, but if 75 00:04:34,000 --> 00:04:38,080 Speaker 2: it is, then this is kind of the early seventies 76 00:04:38,600 --> 00:04:42,760 Speaker 2: evolution of that. And you know, in the seventies things 77 00:04:42,839 --> 00:04:45,120 Speaker 2: kind of went wrong for muscle cars, but at the 78 00:04:45,240 --> 00:04:48,080 Speaker 2: very beginning, I think they were still pretty cool, and 79 00:04:48,160 --> 00:04:51,920 Speaker 2: this has that totally that vibe for me. The design 80 00:04:52,240 --> 00:04:57,200 Speaker 2: is it's moved forward and so it's not as aggressive 81 00:04:57,279 --> 00:05:00,680 Speaker 2: and brutal, but it's I think in a in a 82 00:05:01,160 --> 00:05:03,760 Speaker 2: cool way. It's it's a little bit more elegant, and 83 00:05:03,800 --> 00:05:07,680 Speaker 2: it has some really cool touches, like the front splitter 84 00:05:08,480 --> 00:05:10,479 Speaker 2: you can see through it goes kind of their two 85 00:05:10,560 --> 00:05:14,599 Speaker 2: holes in the hood, which is awesome. But everything I 86 00:05:14,680 --> 00:05:19,239 Speaker 2: love about my My Challenger still is maintained in terms 87 00:05:19,279 --> 00:05:22,000 Speaker 2: of the feel, you know, the interior feel. It's big 88 00:05:22,080 --> 00:05:25,240 Speaker 2: and roomy. It's it's kind of like a boat, although 89 00:05:25,279 --> 00:05:29,480 Speaker 2: it handles better than My Challenger. It's a heavy car, 90 00:05:29,600 --> 00:05:34,800 Speaker 2: so it's a great cruiser. And the ev power train 91 00:05:34,920 --> 00:05:38,360 Speaker 2: I think works really cool because you know, zero sixty 92 00:05:38,440 --> 00:05:40,840 Speaker 2: is nothing. It's like three seconds and you're there, and 93 00:05:40,880 --> 00:05:44,440 Speaker 2: that's that's what you want from these drag cars. 94 00:05:44,560 --> 00:05:47,320 Speaker 1: Yes, and I think if I remember, it's like six 95 00:05:47,400 --> 00:05:50,599 Speaker 1: hundred and seventy horsepower and almost the same amount of 96 00:05:50,680 --> 00:05:53,520 Speaker 1: torque like in the in the six hundred range, maybe 97 00:05:53,560 --> 00:05:55,000 Speaker 1: six thirty something like that. 98 00:05:54,960 --> 00:05:58,960 Speaker 2: You're almost exactly spot on. It is six seventy horse 99 00:05:59,000 --> 00:06:01,039 Speaker 2: power and I think six twenty seven. 100 00:06:00,839 --> 00:06:05,560 Speaker 1: Torque, yeah, which is like awesome. And I love that 101 00:06:05,640 --> 00:06:08,840 Speaker 1: it's back to the design. I love that it's two doors. 102 00:06:08,920 --> 00:06:11,640 Speaker 1: I think they are coming with the four door version later. 103 00:06:12,680 --> 00:06:13,960 Speaker 1: I don't know if they're still going to do that. 104 00:06:14,000 --> 00:06:16,120 Speaker 1: When I drove it in January, they said they were. 105 00:06:16,200 --> 00:06:18,120 Speaker 1: I hope maybe that's still the pend I don't know, 106 00:06:18,240 --> 00:06:21,159 Speaker 1: But because your Challenger is a it's a four door vehicle, right. 107 00:06:21,080 --> 00:06:24,160 Speaker 2: No, the Challenger has always been the two door and 108 00:06:24,200 --> 00:06:26,719 Speaker 2: the four door is the charger. That's why it's weird 109 00:06:26,800 --> 00:06:28,760 Speaker 2: that they put out this two door and they call 110 00:06:28,800 --> 00:06:29,480 Speaker 2: it a charger. 111 00:06:29,720 --> 00:06:34,840 Speaker 1: It's a little confusing, Okay, So yeah, so that explains, Like, yeah, 112 00:06:34,880 --> 00:06:37,320 Speaker 1: it's a it's a little odd to me that they 113 00:06:37,360 --> 00:06:40,479 Speaker 1: did that. But I do like that this is a 114 00:06:40,520 --> 00:06:43,919 Speaker 1: two door and it's got that cool fratzog logo like 115 00:06:44,120 --> 00:06:48,160 Speaker 1: kind of everywhere, which I also thought full throwback. 116 00:06:47,839 --> 00:06:51,840 Speaker 2: Totally love love that logo. I will say that the 117 00:06:52,520 --> 00:06:56,880 Speaker 2: when I first took delivery of this vehicle and turned 118 00:06:56,920 --> 00:07:00,240 Speaker 2: it on, I was like, cool, it is loud, and 119 00:07:00,320 --> 00:07:03,000 Speaker 2: of not yes, and when you put it into sport 120 00:07:03,040 --> 00:07:04,599 Speaker 2: mode it gets louder, and when you put it into 121 00:07:04,680 --> 00:07:08,599 Speaker 2: track or drag mode, it gets even louder. But then 122 00:07:08,680 --> 00:07:11,040 Speaker 2: after a couple of minutes of driving it, I was 123 00:07:11,080 --> 00:07:13,760 Speaker 2: like desperately searching for ways to turn that off. 124 00:07:14,120 --> 00:07:16,320 Speaker 1: Yeah, And did you ultimately turn it off? 125 00:07:16,480 --> 00:07:19,320 Speaker 2: Yes? And now like and so I actually I don't 126 00:07:19,320 --> 00:07:20,920 Speaker 2: have it anymore. But for the week that I had it, 127 00:07:21,400 --> 00:07:23,280 Speaker 2: you know, I had the sound on for the first 128 00:07:23,480 --> 00:07:26,160 Speaker 2: couple of days, initially every time I drove it, and 129 00:07:26,200 --> 00:07:27,760 Speaker 2: then I would go into the system, it's pretty easy 130 00:07:27,840 --> 00:07:29,920 Speaker 2: to turn it off. But then and they call it 131 00:07:29,960 --> 00:07:32,600 Speaker 2: stealth mode. But then, for the last like three or 132 00:07:32,640 --> 00:07:34,360 Speaker 2: four days I was driving it, I had it only 133 00:07:34,400 --> 00:07:38,640 Speaker 2: in stealth mode because it it really is too loud 134 00:07:38,760 --> 00:07:40,880 Speaker 2: and too annoying to have on all the time when 135 00:07:40,880 --> 00:07:41,480 Speaker 2: you're driving. 136 00:07:41,880 --> 00:07:44,679 Speaker 1: Yeah, I actually don't hate a stealth mode these days. 137 00:07:44,720 --> 00:07:48,000 Speaker 1: You know, we talked, we've talked before about stealth mode 138 00:07:48,000 --> 00:07:51,960 Speaker 1: and Lamborghini's which I actually think is pretty functional and usable. 139 00:07:52,000 --> 00:07:56,240 Speaker 1: I like, I do like that. Where did you drive it? 140 00:07:56,240 --> 00:07:58,800 Speaker 1: Did you take this anywhere special? Well? 141 00:07:58,840 --> 00:08:02,400 Speaker 2: I didn't take it anywhere special per se, But my 142 00:08:02,640 --> 00:08:06,640 Speaker 2: usual places to go are I drive out to Bedford, 143 00:08:06,840 --> 00:08:09,480 Speaker 2: New York, or I drive up to Bear Mountain, and 144 00:08:09,560 --> 00:08:11,880 Speaker 2: I also drive out on Long Island. So I did 145 00:08:11,960 --> 00:08:16,280 Speaker 2: all three of those things, and I loved, absolutely loved 146 00:08:16,360 --> 00:08:20,480 Speaker 2: driving it. In fact, there were times I have a 147 00:08:20,520 --> 00:08:22,960 Speaker 2: summer house on or my parents have a summer house 148 00:08:23,000 --> 00:08:25,920 Speaker 2: on the beach on Fire Island, and normally when I 149 00:08:25,960 --> 00:08:27,440 Speaker 2: go out there, I want to stay out as long 150 00:08:27,480 --> 00:08:29,040 Speaker 2: as I can, and I'll come back, like on a 151 00:08:29,040 --> 00:08:31,440 Speaker 2: Monday morning on the Red Eye, so I can get 152 00:08:31,480 --> 00:08:35,679 Speaker 2: to work without having to leave the beach sooner, but 153 00:08:35,960 --> 00:08:38,600 Speaker 2: this time I wanted to leave almost as soon as 154 00:08:38,640 --> 00:08:40,640 Speaker 2: I got there, just to go drive the car again. 155 00:08:40,920 --> 00:08:47,280 Speaker 2: Like it's that kind of addictive handling characteristic or has 156 00:08:47,320 --> 00:08:49,920 Speaker 2: those handling characteristics that are so addicted that I wanted 157 00:08:50,000 --> 00:08:53,880 Speaker 2: to drive it as much as I could. And obviously 158 00:08:53,880 --> 00:08:55,720 Speaker 2: that says a lot of good things about the vehicle, 159 00:08:56,000 --> 00:08:58,840 Speaker 2: and it's I haven't ever really felt that way about 160 00:08:58,840 --> 00:09:03,480 Speaker 2: an electric vehicle, but this one just it turns in 161 00:09:03,720 --> 00:09:06,600 Speaker 2: so well, it holds in the corner so well. Obviously 162 00:09:06,679 --> 00:09:10,560 Speaker 2: it accelerates out of a corner amazingly. But all of 163 00:09:10,600 --> 00:09:13,679 Speaker 2: those miles on it really brought to the forefront the 164 00:09:13,679 --> 00:09:16,559 Speaker 2: biggest weakness, or one of the top two big weaknesses 165 00:09:16,600 --> 00:09:18,720 Speaker 2: for this car, and that is the range. It's almost nothing. 166 00:09:19,200 --> 00:09:21,520 Speaker 2: It's like one hundred I think I charged it to 167 00:09:21,600 --> 00:09:24,520 Speaker 2: eighty eighty eight percent and I had one hundred and 168 00:09:24,520 --> 00:09:29,200 Speaker 2: sixty seven miles of forecasted range, which is oh no, 169 00:09:29,480 --> 00:09:31,680 Speaker 2: not good, horrible, right at all. 170 00:09:32,040 --> 00:09:35,079 Speaker 1: That's not even close to competitive. I mean, three hundred 171 00:09:35,200 --> 00:09:37,240 Speaker 1: is like expected by now, three hundred. 172 00:09:37,040 --> 00:09:41,080 Speaker 2: Miles absolutely, So that's one of the big big drawbacks 173 00:09:41,120 --> 00:09:44,160 Speaker 2: of this vehicle, and the other one is the price. Now, 174 00:09:44,160 --> 00:09:46,199 Speaker 2: this was the top of the line model, so and 175 00:09:46,920 --> 00:09:49,439 Speaker 2: like Dodge does amazingly well, they put a million different 176 00:09:49,480 --> 00:09:53,680 Speaker 2: names in it. So it's the Dodge Charger Daytona SCAT pack, 177 00:09:54,120 --> 00:09:56,440 Speaker 2: and that's the best one they offer for now. I 178 00:09:56,440 --> 00:09:59,520 Speaker 2: think they're off there coming out with an even more 179 00:09:59,520 --> 00:10:03,959 Speaker 2: blazing vehicle. But seventy eight thousand dollars in change is 180 00:10:03,960 --> 00:10:06,880 Speaker 2: how much they're charging for this before delivery fee. So 181 00:10:07,360 --> 00:10:11,120 Speaker 2: it's an eighty thousand dollars car. That's just insane. That's 182 00:10:11,120 --> 00:10:11,920 Speaker 2: a hellcat. 183 00:10:12,280 --> 00:10:15,800 Speaker 1: Now, yes, I think you can. They have the Daytona RT, 184 00:10:16,040 --> 00:10:18,600 Speaker 1: which is like the entry level version, which might be 185 00:10:18,640 --> 00:10:22,160 Speaker 1: closer to sixty thousand dollars. So to your point, this 186 00:10:22,280 --> 00:10:24,440 Speaker 1: is sort of the top end of it. But that 187 00:10:24,679 --> 00:10:27,440 Speaker 1: is expensive. But then when you try to think, like 188 00:10:27,559 --> 00:10:31,160 Speaker 1: what are the competitor cars to this? And I asked 189 00:10:31,240 --> 00:10:37,319 Speaker 1: that about the price, because what other Tudor electric sports 190 00:10:38,040 --> 00:10:42,280 Speaker 1: cars are there? There really aren't any. Like, I mean, 191 00:10:42,360 --> 00:10:45,840 Speaker 1: you can another Tudor EV sports car. 192 00:10:45,840 --> 00:10:48,960 Speaker 2: You could say. Someone will say a Tesla. 193 00:10:48,960 --> 00:10:52,079 Speaker 1: Right, yeah, but that's not a two door. They don't 194 00:10:52,160 --> 00:10:54,640 Speaker 1: sell two door sports cars that are electric. 195 00:10:54,880 --> 00:10:57,360 Speaker 2: Good point, I always I always think, I don't know 196 00:10:57,400 --> 00:10:59,440 Speaker 2: why of the Model three is a two door, but 197 00:10:59,480 --> 00:11:03,000 Speaker 2: it's not. Yeah, I know, I can't think of any 198 00:11:03,120 --> 00:11:06,520 Speaker 2: but I wouldn't, so that's not how my mind works. 199 00:11:06,800 --> 00:11:08,839 Speaker 1: Okay, let me just say and then I want to 200 00:11:08,840 --> 00:11:13,360 Speaker 1: hear your thought. Maybe the Corvette E Ray, like that's 201 00:11:13,400 --> 00:11:20,200 Speaker 1: a that's like electric, you know, tudor I mean, there's 202 00:11:20,240 --> 00:11:22,080 Speaker 1: not a lot in this segment. It's kind of a 203 00:11:22,120 --> 00:11:23,160 Speaker 1: weird segment. 204 00:11:23,280 --> 00:11:25,960 Speaker 2: True, it is. You know, it's interesting that you point 205 00:11:26,000 --> 00:11:28,800 Speaker 2: that out, because I was trying to think of the 206 00:11:28,840 --> 00:11:32,520 Speaker 2: competitors to this, and I wasn't thinking of just EV cars, 207 00:11:32,559 --> 00:11:34,559 Speaker 2: And to me, that says how good it is. When 208 00:11:34,640 --> 00:11:36,720 Speaker 2: I'm trying to think of the competition, I'm not thinking 209 00:11:36,760 --> 00:11:42,280 Speaker 2: of pure evs. Because it was I thought as thrilling 210 00:11:42,320 --> 00:11:47,199 Speaker 2: to drive as any car I've driven, you know recently, 211 00:11:47,880 --> 00:11:52,400 Speaker 2: full stop. So yeah, but the problem is it's not 212 00:11:52,520 --> 00:11:55,240 Speaker 2: as thrilling to drive as any eighty thousand dollars car 213 00:11:55,280 --> 00:11:58,000 Speaker 2: I've driven, because I when I think of cars in 214 00:11:58,000 --> 00:12:01,079 Speaker 2: that range, I immediately think of the BMW and that 215 00:12:01,320 --> 00:12:03,199 Speaker 2: is a far better car. 216 00:12:03,559 --> 00:12:06,480 Speaker 1: Or what about a Cayman, you know? What about you 217 00:12:06,520 --> 00:12:07,720 Speaker 1: know seven eighteen. 218 00:12:07,960 --> 00:12:11,240 Speaker 2: I like this better, to be honest, but because I 219 00:12:11,320 --> 00:12:15,679 Speaker 2: have Yeah, because I have specific you know needs in 220 00:12:15,880 --> 00:12:19,760 Speaker 2: that I'm six foot three, right, so I like, that's 221 00:12:19,760 --> 00:12:21,920 Speaker 2: why I bought a Dodge Challenger. I like these big, 222 00:12:22,040 --> 00:12:25,679 Speaker 2: roomy boats. And obviously that's not what a seventeen seven 223 00:12:25,760 --> 00:12:29,680 Speaker 2: eighteen is. But also a seven eighteen we've talked about before. 224 00:12:29,840 --> 00:12:32,280 Speaker 2: It's it's a momentum car. You've got to get up 225 00:12:32,320 --> 00:12:35,719 Speaker 2: to speed before it becomes fun. And it doesn't get 226 00:12:35,800 --> 00:12:39,120 Speaker 2: up to speed as quickly as this. This is like boom, instantaneous. 227 00:12:39,840 --> 00:12:41,880 Speaker 2: So but but the M two was like the M 228 00:12:41,920 --> 00:12:45,160 Speaker 2: two is a rocket. And if I had eighty thousand 229 00:12:45,160 --> 00:12:48,319 Speaker 2: dollars to buy a two door sports car, I think 230 00:12:48,360 --> 00:12:50,960 Speaker 2: there would just be a long list of you know, 231 00:12:51,120 --> 00:12:53,840 Speaker 2: vehicles I would buy before this, the Corvette, just the 232 00:12:53,880 --> 00:12:56,520 Speaker 2: Sting Ray I would either have than this. 233 00:12:57,200 --> 00:13:01,160 Speaker 1: That's I completely agree. It's just more car, it's more everything. 234 00:13:01,600 --> 00:13:04,480 Speaker 1: But I do kind of think it's cool if you 235 00:13:04,559 --> 00:13:06,920 Speaker 1: did buy this, you would really like get a lot 236 00:13:07,000 --> 00:13:10,160 Speaker 1: of people curious and interested about it. It's interesting. It's 237 00:13:10,200 --> 00:13:13,520 Speaker 1: a really interesting choice. It's not it's not the go to, 238 00:13:13,640 --> 00:13:15,800 Speaker 1: that's for sure, but it's interesting to me. 239 00:13:16,240 --> 00:13:19,000 Speaker 2: I also noticed that they are offering insane lease deals. 240 00:13:19,160 --> 00:13:21,920 Speaker 2: So even though it's eighty thousand dollars to buy, you 241 00:13:21,920 --> 00:13:24,440 Speaker 2: could lease it for six hundred dollars a month, you know, 242 00:13:24,520 --> 00:13:27,079 Speaker 2: with the whatever five or six thousand dollars down payment, 243 00:13:27,120 --> 00:13:29,760 Speaker 2: So that makes it a lot more affordable. And that's 244 00:13:29,760 --> 00:13:33,760 Speaker 2: a twenty four month lease, so thank yeah, into the 245 00:13:33,800 --> 00:13:36,000 Speaker 2: next one two years later and that that to me, 246 00:13:36,080 --> 00:13:39,520 Speaker 2: that is a much better proposition. But yeah, I was 247 00:13:39,559 --> 00:13:42,280 Speaker 2: surprised at how much I loved it. The interior I 248 00:13:42,280 --> 00:13:45,520 Speaker 2: think is a step forward from the Challenger that I have. 249 00:13:46,160 --> 00:13:48,600 Speaker 2: The exterior is very cool. I wouldn't say it's better 250 00:13:48,640 --> 00:13:53,240 Speaker 2: than the old Challenger, it's different. And uh yeah, the 251 00:13:53,320 --> 00:13:56,760 Speaker 2: driving characteristics I just was I was blown away by Yeah. 252 00:13:56,800 --> 00:14:00,880 Speaker 1: I mean, I think kudos kudos are order for this 253 00:14:00,960 --> 00:14:03,160 Speaker 1: car because it could have gone really bad and probably 254 00:14:03,200 --> 00:14:07,760 Speaker 1: a lot of people were are happy to hate it. Yes, 255 00:14:07,800 --> 00:14:10,440 Speaker 1: but it's cool that, like, you know, they they kind 256 00:14:10,440 --> 00:14:12,280 Speaker 1: of threaded that needle really well. 257 00:14:12,520 --> 00:14:15,600 Speaker 2: But the other weird thing is so after I drove 258 00:14:15,640 --> 00:14:17,600 Speaker 2: it for a week, then I get back into my 259 00:14:18,360 --> 00:14:23,600 Speaker 2: six point four Leader v eight Challenger and it feels 260 00:14:23,640 --> 00:14:28,640 Speaker 2: so slow. You know wow. I mean, my car has 261 00:14:28,840 --> 00:14:31,200 Speaker 2: four hundred and eighty five horse power, four hundred and 262 00:14:31,200 --> 00:14:34,000 Speaker 2: seventy pound feet of torque, and it was like, it's 263 00:14:34,120 --> 00:14:37,720 Speaker 2: dangerously slow because I had grown used to this EV 264 00:14:38,160 --> 00:14:41,040 Speaker 2: torque and being you know, I'm weaving in New York traffic, 265 00:14:41,080 --> 00:14:43,880 Speaker 2: so I need to be precise in how quickly I'm 266 00:14:43,920 --> 00:14:45,800 Speaker 2: passing a car and jumping in front of it before 267 00:14:45,800 --> 00:14:48,800 Speaker 2: I hit the car in front of me. And you know, 268 00:14:49,400 --> 00:14:52,280 Speaker 2: doing that in any automatic car it just isn't going 269 00:14:52,360 --> 00:14:54,400 Speaker 2: to work, like if you have a manual transmission. It's 270 00:14:54,480 --> 00:14:57,960 Speaker 2: much better with an IC. But uh, yeah, I think 271 00:14:58,000 --> 00:14:59,640 Speaker 2: when people get used to EV's it's going to be 272 00:14:59,640 --> 00:15:02,840 Speaker 2: a little bit more dangerous for them to drive gas cars. Yeah. 273 00:15:02,880 --> 00:15:06,960 Speaker 1: I love that you called a Challenger dangerously slow. That's hilarious. 274 00:15:07,000 --> 00:15:09,720 Speaker 1: But that does show where we are right now, like 275 00:15:10,160 --> 00:15:16,320 Speaker 1: this is the reality. 276 00:15:18,600 --> 00:15:21,120 Speaker 2: By the way, Tesla, I will say, Tesla is a 277 00:15:21,520 --> 00:15:25,040 Speaker 2: I don't know too much about Tesla cars because I 278 00:15:25,040 --> 00:15:28,080 Speaker 2: thought they were exciting, like you know, fifteen years ago 279 00:15:28,200 --> 00:15:28,880 Speaker 2: and to. 280 00:15:28,880 --> 00:15:30,760 Speaker 1: Need a complete overhaul. Nothing. 281 00:15:30,960 --> 00:15:33,160 Speaker 2: Nothing seems to have changed with the exception of the 282 00:15:33,160 --> 00:15:37,320 Speaker 2: cyber truck, So I don't care about Tesla's anymore. Also, 283 00:15:37,320 --> 00:15:40,320 Speaker 2: the interior is so spartan and boring. But what's this 284 00:15:40,480 --> 00:15:43,800 Speaker 2: story about a diner? Why is everyone talking about the 285 00:15:43,840 --> 00:15:47,480 Speaker 2: Tesla Diner? Is it just really one restaurant? 286 00:15:47,640 --> 00:15:51,200 Speaker 1: Yeah, yeah, yeah, it's a drive in. It's literally a 287 00:15:51,320 --> 00:15:54,560 Speaker 1: drive in diner that looks kind of fetsany It's on 288 00:15:54,720 --> 00:15:57,840 Speaker 1: Santa Monica Boulevard and Hollywood, you know, very close to 289 00:15:57,840 --> 00:16:03,560 Speaker 1: where I live. And it's possibly a very well timed 290 00:16:03,680 --> 00:16:09,160 Speaker 1: distraction from Tesla's really poor earnings reports and everything else 291 00:16:09,280 --> 00:16:12,240 Speaker 1: negative that's going on with the company and with Elon 292 00:16:12,480 --> 00:16:16,240 Speaker 1: Musk these days. But it is kind of this like 293 00:16:16,480 --> 00:16:22,080 Speaker 1: positive shining light. And I have to say, I don't 294 00:16:22,080 --> 00:16:25,320 Speaker 1: own a Tesla. I agree with you that you know 295 00:16:25,360 --> 00:16:28,880 Speaker 1: their products are getting a little bit tired and do 296 00:16:29,000 --> 00:16:31,520 Speaker 1: need a major refresh more than we saw with the model. 297 00:16:31,560 --> 00:16:35,640 Speaker 1: Why so I went into it pretty skeptical, But I 298 00:16:35,720 --> 00:16:39,560 Speaker 1: will say I think it's very cool that an automaker 299 00:16:40,000 --> 00:16:46,640 Speaker 1: is putting resources into building things that celebrate its customers. 300 00:16:47,160 --> 00:16:51,600 Speaker 1: And at this Tesla diner, they're eighty superchargers there. I 301 00:16:51,640 --> 00:16:54,480 Speaker 1: mean the line I went a couple times. The first 302 00:16:54,680 --> 00:16:57,200 Speaker 1: first two times I went, Actually I just kept on 303 00:16:57,320 --> 00:16:59,480 Speaker 1: driving because the line was so long. I did not 304 00:16:59,760 --> 00:17:03,160 Speaker 1: I couldn't. I just emotionally could not stand in that line. 305 00:17:03,800 --> 00:17:06,119 Speaker 1: But there is a lot of excitement, a lot of 306 00:17:06,320 --> 00:17:08,600 Speaker 1: They've done a very good job of creating a lot 307 00:17:08,600 --> 00:17:13,280 Speaker 1: of hype and the sense of community for their owners, 308 00:17:13,520 --> 00:17:17,240 Speaker 1: and that is it's kind of nice to see again. 309 00:17:17,440 --> 00:17:19,600 Speaker 1: I you know, I'm not in the cult, and I 310 00:17:19,640 --> 00:17:23,040 Speaker 1: do think it's a bit of a cult, but it 311 00:17:23,119 --> 00:17:26,920 Speaker 1: was cool to see how much they have put into 312 00:17:26,960 --> 00:17:28,919 Speaker 1: this and at the end of the day, yeah, it's 313 00:17:28,960 --> 00:17:31,520 Speaker 1: a drive in. It's got hamburgers, it's got a tuna melt, 314 00:17:31,640 --> 00:17:34,479 Speaker 1: it's got grilled cheese, it's got chili cheese fries. 315 00:17:36,200 --> 00:17:39,320 Speaker 2: How were they but pretty good? Pretty good. 316 00:17:39,920 --> 00:17:43,359 Speaker 1: I'm not a real chili cheese fry connoisseur, but it 317 00:17:43,440 --> 00:17:47,480 Speaker 1: is wagu beef and the menu is developed by Eric Greenspan, 318 00:17:47,520 --> 00:17:49,800 Speaker 1: who's a pretty big deal here in LA. He's a 319 00:17:49,840 --> 00:17:54,440 Speaker 1: well known chef who has created his own New American 320 00:17:54,520 --> 00:17:58,480 Speaker 1: cheese blend, among other things. He trained at licord On Blue, 321 00:17:58,560 --> 00:18:01,360 Speaker 1: so he's a nice you know. He was actually there 322 00:18:01,359 --> 00:18:03,680 Speaker 1: at the Dina when I was there and we chatted, 323 00:18:04,240 --> 00:18:08,400 Speaker 1: So the not bad I will say that not bad, 324 00:18:08,600 --> 00:18:10,760 Speaker 1: it was edible. I would go back. I would go 325 00:18:10,880 --> 00:18:12,280 Speaker 1: back and I would happily order. 326 00:18:12,560 --> 00:18:15,399 Speaker 2: I would crush some chili cheese fries. I am a 327 00:18:15,480 --> 00:18:16,919 Speaker 2: chat cheese fries person. 328 00:18:17,840 --> 00:18:20,280 Speaker 1: Yeah, honestly. And Eric told me this great story. He 329 00:18:20,320 --> 00:18:21,879 Speaker 1: was like, you know, when I was in high school, 330 00:18:21,920 --> 00:18:24,400 Speaker 1: I was a little overweight, and I would have one 331 00:18:24,480 --> 00:18:27,400 Speaker 1: cheat day in high school and on my cheat day, 332 00:18:27,440 --> 00:18:31,000 Speaker 1: I'd go to Tommy's, like you know, original Tommies and 333 00:18:31,080 --> 00:18:34,520 Speaker 1: get their chili cheese fries. So when I developed my 334 00:18:34,640 --> 00:18:37,760 Speaker 1: own version, I needed it to taste like how I 335 00:18:37,840 --> 00:18:41,040 Speaker 1: remembered my high school cheat day, and I don't know, 336 00:18:41,040 --> 00:18:43,000 Speaker 1: it was sweet. And yeah, they're pretty good. 337 00:18:43,320 --> 00:18:46,680 Speaker 2: That's I think. That's so cool because, you know, as 338 00:18:46,720 --> 00:18:49,320 Speaker 2: I drive more and more evs, I noticed how bad 339 00:18:49,359 --> 00:18:53,600 Speaker 2: the charging infrastructure is here. It's better than it is 340 00:18:53,640 --> 00:18:58,280 Speaker 2: in Italy, but you know, they put these high speed 341 00:18:58,359 --> 00:19:03,639 Speaker 2: chargers in random like strip mall parking lots or you know, 342 00:19:03,800 --> 00:19:07,879 Speaker 2: just places where there's nothing to do. And yeah, Tesla 343 00:19:07,960 --> 00:19:11,440 Speaker 2: is much better at it. Near me in Scarsdale, there's 344 00:19:11,480 --> 00:19:16,439 Speaker 2: a Tesla supercharger that's at a Starbucks. And that's I 345 00:19:16,480 --> 00:19:19,560 Speaker 2: think still pretty boring, but at least there's something there 346 00:19:20,400 --> 00:19:24,320 Speaker 2: and it's always packed. So I think it's super smart 347 00:19:24,359 --> 00:19:28,160 Speaker 2: for them to put someplace where you can spend time, 348 00:19:28,600 --> 00:19:32,840 Speaker 2: spend money, and amuse yourself while you're waiting for these 349 00:19:33,000 --> 00:19:35,280 Speaker 2: vehicles to charge, because even though the charging times are 350 00:19:35,320 --> 00:19:37,679 Speaker 2: lower and lower, it's still ten or twenty minutes where 351 00:19:38,240 --> 00:19:40,040 Speaker 2: you know, or a half hour where you need to 352 00:19:40,080 --> 00:19:43,159 Speaker 2: do something, And it makes a lot of sense. 353 00:19:44,040 --> 00:19:47,720 Speaker 1: Yeah, I completely agree, And you know, especially in southern 354 00:19:47,720 --> 00:19:50,560 Speaker 1: California where we have such a culture of like diners 355 00:19:50,600 --> 00:19:54,240 Speaker 1: and drive ins and drive throughs, it does make a 356 00:19:54,280 --> 00:19:57,200 Speaker 1: lot of sense. And we don't you know, we saw 357 00:19:57,240 --> 00:20:00,600 Speaker 1: the big news where the owner of In and Out 358 00:20:00,680 --> 00:20:04,280 Speaker 1: is moving out of California. So this was like actually 359 00:20:04,320 --> 00:20:07,639 Speaker 1: kind of a cool like, hey, Tesla's Tesla's stay in 360 00:20:07,640 --> 00:20:11,040 Speaker 1: in a way in California, not completely. 361 00:20:10,320 --> 00:20:12,520 Speaker 2: Yeah, in a way they're in and they're out. They're 362 00:20:12,520 --> 00:20:14,560 Speaker 2: a little bit of defense there. You know. One of 363 00:20:14,600 --> 00:20:16,719 Speaker 2: the cool things about Tesla is they build almost all 364 00:20:16,760 --> 00:20:18,879 Speaker 2: of the cars that they sell in the US, or 365 00:20:18,880 --> 00:20:20,720 Speaker 2: they build all of the cars that they sell in 366 00:20:20,760 --> 00:20:24,679 Speaker 2: America in America, and it's not as much as you know, 367 00:20:24,880 --> 00:20:29,920 Speaker 2: the major incumbent automakers, you know, build in terms of volume. 368 00:20:30,200 --> 00:20:34,840 Speaker 2: But I've noticed that companies building cars in America now 369 00:20:34,920 --> 00:20:41,639 Speaker 2: are facing what looked like mounting penalties from tariffs that 370 00:20:41,680 --> 00:20:46,600 Speaker 2: are even worse than foreign importers. So I started to 371 00:20:46,600 --> 00:20:49,679 Speaker 2: think about this initially because of Ford. As I was 372 00:20:49,680 --> 00:20:53,160 Speaker 2: prepping for my interview with Jim Farley, the CEO, ahead 373 00:20:53,160 --> 00:20:56,520 Speaker 2: of their earnings, we were getting more and more announcements 374 00:20:56,520 --> 00:21:01,240 Speaker 2: about fifteen percent blanket tariffs. So for the now, fifteen 375 00:21:01,280 --> 00:21:03,960 Speaker 2: percent is all they pay, and then they ship a 376 00:21:04,000 --> 00:21:06,080 Speaker 2: car over here, or if they build a car in Japan, 377 00:21:06,359 --> 00:21:09,480 Speaker 2: fifteen percent and then here now South Korea fifteen percent 378 00:21:09,520 --> 00:21:12,760 Speaker 2: and then here. Meanwhile, if you're you know, a Tesla 379 00:21:12,800 --> 00:21:14,960 Speaker 2: building cars here or a Ford, which is a much 380 00:21:15,000 --> 00:21:19,400 Speaker 2: bigger deal because they have so much more volume, you're 381 00:21:19,440 --> 00:21:24,360 Speaker 2: paying fifty percent tariff on steel, fifty percent tariff on aluminum, 382 00:21:24,400 --> 00:21:27,119 Speaker 2: twenty five percent tariff on foreign parts, up to eighty 383 00:21:27,119 --> 00:21:31,080 Speaker 2: percent stacked tariffs on Chinese magnets and any parts of 384 00:21:31,080 --> 00:21:35,640 Speaker 2: that touch. So that adds up and up and up 385 00:21:35,680 --> 00:21:39,520 Speaker 2: and up. And Jim Farley told me that if you 386 00:21:39,520 --> 00:21:42,119 Speaker 2: look at a head to head comparison of like a 387 00:21:42,440 --> 00:21:47,040 Speaker 2: Ford Edge or a Japanese built Toyota Rev four or 388 00:21:47,080 --> 00:21:51,320 Speaker 2: a Ford Bronco or a Japanese built for Runner. The 389 00:21:51,400 --> 00:21:55,080 Speaker 2: costs for Ford are now five to ten thousand dollars 390 00:21:55,200 --> 00:21:58,440 Speaker 2: more to build a car in America than it would 391 00:21:58,480 --> 00:22:04,800 Speaker 2: be if they shipped, if they outsourced their manufacturing to Japan. 392 00:22:04,960 --> 00:22:08,119 Speaker 1: It's huge, right, Wow, that's insane. I mean, did he 393 00:22:08,240 --> 00:22:11,280 Speaker 1: say what they're Are they eating that cost? Are they 394 00:22:11,280 --> 00:22:11,919 Speaker 1: passing it on? 395 00:22:12,240 --> 00:22:15,000 Speaker 2: They're able to pass some of it on, They're able 396 00:22:15,040 --> 00:22:17,840 Speaker 2: to squeeze their suppliers to some extent, but they have 397 00:22:17,920 --> 00:22:21,879 Speaker 2: to eat some of it as well. And it's also like, 398 00:22:22,320 --> 00:22:24,479 Speaker 2: you know, the automatic question is, Jim, why don't you 399 00:22:24,560 --> 00:22:27,240 Speaker 2: just build F one fifties in Japan. Obviously they're not 400 00:22:27,240 --> 00:22:31,359 Speaker 2: going to do that, but the Trump administration started this 401 00:22:31,440 --> 00:22:35,879 Speaker 2: policy ostensibly to get manufacturing back to America, but it's 402 00:22:35,960 --> 00:22:38,840 Speaker 2: having the opposite effects. So Toyota, they're not going to 403 00:22:38,920 --> 00:22:42,320 Speaker 2: build Forerunners here if they can build them for five 404 00:22:42,400 --> 00:22:45,600 Speaker 2: thousand dollars cheaper there. And labor costs play into it 405 00:22:45,600 --> 00:22:48,000 Speaker 2: as well, because labor costs are much lower in Japan 406 00:22:48,040 --> 00:22:50,679 Speaker 2: than they are all in in the US. But it 407 00:22:50,760 --> 00:22:54,040 Speaker 2: also raises very interesting questions for General Motors, which is 408 00:22:54,440 --> 00:22:58,760 Speaker 2: the biggest importer of cars into the US market. It 409 00:22:58,800 --> 00:23:03,080 Speaker 2: builds obviously it's tracks and trailblazers in Korea, and now 410 00:23:03,080 --> 00:23:07,119 Speaker 2: they've got the fifteen percent blanket tariff there. So GM 411 00:23:07,200 --> 00:23:10,199 Speaker 2: will make more money building those cars in Japan in 412 00:23:10,320 --> 00:23:15,480 Speaker 2: South Korea than it will building cars in the US. Yeah, 413 00:23:15,520 --> 00:23:18,680 Speaker 2: and so that's got to encourage them to shift more 414 00:23:18,720 --> 00:23:21,720 Speaker 2: production outside of this country. Yeah. 415 00:23:21,800 --> 00:23:25,639 Speaker 1: So what was Jim's takeaway? I mean, like, does he 416 00:23:25,760 --> 00:23:31,880 Speaker 1: have any solution? Is he completely depressed? I mean, he's what, 417 00:23:31,880 --> 00:23:32,760 Speaker 1: what's his vibe? 418 00:23:33,160 --> 00:23:36,560 Speaker 2: His vibe is upbeat, and you know, he's just he 419 00:23:37,440 --> 00:23:40,480 Speaker 2: was born to compete, so this is like, you know, 420 00:23:40,600 --> 00:23:43,720 Speaker 2: this is what he does. But the response is they're 421 00:23:43,760 --> 00:23:47,440 Speaker 2: working with the administration and they have been obviously since 422 00:23:47,520 --> 00:23:50,199 Speaker 2: day one. But they're working very closely, and so is 423 00:23:50,320 --> 00:23:54,760 Speaker 2: obviously General Motors, and so are I guess most of 424 00:23:54,800 --> 00:23:57,440 Speaker 2: the other car makers. Not sure how much Tesla is 425 00:23:57,480 --> 00:23:59,640 Speaker 2: working with the administration as much, but I'm sure they 426 00:23:59,640 --> 00:24:03,199 Speaker 2: still talk a lot. I don't know what the solution is, 427 00:24:03,280 --> 00:24:07,359 Speaker 2: Like he said tariffs have to be thirty to forty 428 00:24:07,400 --> 00:24:12,280 Speaker 2: percent before it encourages car makers to shift production back 429 00:24:12,280 --> 00:24:15,280 Speaker 2: into the US and obviously that's not going to happen 430 00:24:15,320 --> 00:24:18,800 Speaker 2: because we're making deals, right, So I guess the only 431 00:24:18,840 --> 00:24:23,760 Speaker 2: other option is if you give maybe US car manufacturers 432 00:24:23,880 --> 00:24:27,399 Speaker 2: car vouts on the tariffs that that they have to 433 00:24:27,400 --> 00:24:31,040 Speaker 2: pay on the input components. And I asked, like, why 434 00:24:31,040 --> 00:24:35,440 Speaker 2: don't you buy aluminum here instead of paying fifty percent 435 00:24:35,480 --> 00:24:37,720 Speaker 2: tariff on aluminum that you buy receives. But there just 436 00:24:37,920 --> 00:24:41,280 Speaker 2: isn't There just isn't that supply. It's just not possible. 437 00:24:42,000 --> 00:24:45,639 Speaker 1: Wow. You know, all of this is communicating to me. 438 00:24:46,080 --> 00:24:50,480 Speaker 1: It's still incredibly volatile and chaotic, and the targets keep 439 00:24:50,520 --> 00:24:53,960 Speaker 1: moving and shifting all over the place, no pun intended, 440 00:24:54,640 --> 00:24:57,080 Speaker 1: and that makes it really difficult to plan, you know, 441 00:24:57,359 --> 00:25:01,080 Speaker 1: just in general, especially when your production cycle is multiple 442 00:25:01,200 --> 00:25:06,919 Speaker 1: years long. This just seems like it's an ongoing, you know, 443 00:25:07,160 --> 00:25:08,520 Speaker 1: tangle of chaos. 444 00:25:09,400 --> 00:25:09,600 Speaker 2: Yep. 445 00:25:09,720 --> 00:25:14,840 Speaker 1: I mean, is there there is? Although we I feel 446 00:25:14,920 --> 00:25:17,399 Speaker 1: like we've seen, Okay, this is what it's going to be, 447 00:25:17,440 --> 00:25:18,679 Speaker 1: and then this is what it's going to be, and 448 00:25:18,680 --> 00:25:20,840 Speaker 1: then this is what it keeps changing. 449 00:25:21,240 --> 00:25:23,560 Speaker 2: Yep. It's true. And I mean if you remember when 450 00:25:23,600 --> 00:25:27,520 Speaker 2: these when the Trump tariff policy was first announced months ago. 451 00:25:28,240 --> 00:25:30,480 Speaker 2: Uh Farley went to testify in front of Congress and 452 00:25:30,480 --> 00:25:33,000 Speaker 2: he said that these tariffs are going to cause costs 453 00:25:33,560 --> 00:25:37,800 Speaker 2: and chaos. So you know the uncertainty, the volatility, that's 454 00:25:37,800 --> 00:25:40,480 Speaker 2: the chaos and the costs. I mean, we've just seen 455 00:25:40,600 --> 00:25:43,840 Speaker 2: drastic increases in car prices, and I guess you can 456 00:25:43,920 --> 00:25:45,000 Speaker 2: expect that to continue. 457 00:25:45,920 --> 00:25:48,639 Speaker 1: Another good reason to buy a vintage car, if you 458 00:25:48,680 --> 00:25:50,919 Speaker 1: ask me, just keep buying the old. 459 00:25:50,720 --> 00:25:53,920 Speaker 2: Stuff, absolutely, and that's what everyone's doing. So you see 460 00:25:53,920 --> 00:25:58,960 Speaker 2: these used car businesses like Carvana and others just soaring 461 00:25:59,040 --> 00:26:02,480 Speaker 2: the markets, giving them high and higher evaluations because it's 462 00:26:02,480 --> 00:26:08,000 Speaker 2: increasingly the case that even wealthy people simply cannot justify 463 00:26:08,760 --> 00:26:11,240 Speaker 2: paying the amount they have to for a new car 464 00:26:11,359 --> 00:26:13,359 Speaker 2: or a new car lease, and they instead go and 465 00:26:13,359 --> 00:26:14,680 Speaker 2: look at the secondhand market. 466 00:26:14,960 --> 00:26:16,560 Speaker 1: Yeah, completely agree. 467 00:26:16,760 --> 00:26:19,160 Speaker 2: What are you doing this week in Matt This weekend, 468 00:26:19,480 --> 00:26:22,640 Speaker 2: I am going to I'm test driving this a Cadillac Vistic, 469 00:26:22,920 --> 00:26:30,280 Speaker 2: So I'm great continuing my evy journey, and I'm putting 470 00:26:31,000 --> 00:26:36,639 Speaker 2: some new Baja designs, headlight and turn signals on my 471 00:26:36,840 --> 00:26:40,000 Speaker 2: Harley Davidson Fat Bob, as well as a bunch of 472 00:26:40,000 --> 00:26:42,760 Speaker 2: other new components that I got. So my wife and 473 00:26:42,840 --> 00:26:44,639 Speaker 2: kids are away, so I sit in the garage and 474 00:26:44,640 --> 00:26:45,320 Speaker 2: work on my bike. 475 00:26:46,080 --> 00:26:47,879 Speaker 1: Nice, nice, love it. 476 00:26:47,920 --> 00:26:48,639 Speaker 2: What about you have it? 477 00:26:49,240 --> 00:26:53,160 Speaker 1: Well, I'm going to a good in Christie's auction preview 478 00:26:53,320 --> 00:26:55,720 Speaker 1: in Van Nis, an auction preview for the Monterey Car 479 00:26:55,760 --> 00:26:58,600 Speaker 1: Week auctions, So I'm looking forward to that. It's kind 480 00:26:58,600 --> 00:27:00,880 Speaker 1: of a tease for all the good stuff we'll see 481 00:27:00,880 --> 00:27:01,680 Speaker 1: in modern way later. 482 00:27:02,200 --> 00:27:04,480 Speaker 2: Very very cool. All right, cool, Well, we'll see you 483 00:27:04,520 --> 00:27:07,119 Speaker 2: back here, same time, same place next week. I'm Matt Miller, 484 00:27:07,240 --> 00:27:07,320 Speaker 2: and 485 00:27:07,359 --> 00:27:09,600 Speaker 1: I'm Hannah Elliott, and this is Bloomberg.