1 00:00:01,360 --> 00:00:03,640 Speaker 1: This episode is brought to you by P and C Bank. 2 00:00:04,000 --> 00:00:06,760 Speaker 1: A lot of people think podcasts about work are boring, 3 00:00:07,000 --> 00:00:10,840 Speaker 1: and sure they definitely can be, but understanding a professionals 4 00:00:10,920 --> 00:00:14,160 Speaker 1: routine shows us how they achieve their success little by little, 5 00:00:14,560 --> 00:00:18,200 Speaker 1: day after day. It's like banking with P and C Bank. 6 00:00:18,680 --> 00:00:21,480 Speaker 1: It might seem boring to safe plan and make calculated 7 00:00:21,480 --> 00:00:24,599 Speaker 1: decisions with your bank, but keeping your money boring is 8 00:00:24,640 --> 00:00:27,960 Speaker 1: what helps you live or more happily fulfilled life. P 9 00:00:28,080 --> 00:00:32,879 Speaker 1: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly 10 00:00:32,960 --> 00:00:35,600 Speaker 1: Boring since eighteen sixty five is a service mark of 11 00:00:35,600 --> 00:00:38,840 Speaker 1: the PNC Financial Service Group, Inc. P and C Bank 12 00:00:39,280 --> 00:00:45,920 Speaker 1: National Association Member FDIC erness What's Up? You ever walk 13 00:00:45,920 --> 00:00:49,000 Speaker 1: into a small business and everything just works like the 14 00:00:49,080 --> 00:00:53,200 Speaker 1: checkout is fast, the receipts are digital, tipping is a breeze, 15 00:00:53,479 --> 00:00:55,640 Speaker 1: and you're out the door before the line even builds. 16 00:00:55,960 --> 00:01:00,240 Speaker 1: Odds are they're using Square? We love supporting business that 17 00:01:00,320 --> 00:01:02,959 Speaker 1: run on Square because it just feels seamless. 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Don't wait, don't hesitate. 30 00:01:45,760 --> 00:01:48,160 Speaker 1: Let's Square handle the back end so you can keep 31 00:01:48,160 --> 00:01:49,400 Speaker 1: pushing your vision forward. 32 00:01:51,680 --> 00:01:55,320 Speaker 2: As General Motors the new carking, I don't want to 33 00:01:55,360 --> 00:02:02,920 Speaker 2: get this hot take, but client for the time being. Man, 34 00:02:02,960 --> 00:02:04,720 Speaker 2: I would have shaved my hair hair off last year 35 00:02:04,720 --> 00:02:06,080 Speaker 2: if like we would have made it. Bet the GM 36 00:02:06,120 --> 00:02:11,040 Speaker 2: would be up hided in Tessa right now. And you 37 00:02:11,440 --> 00:02:15,640 Speaker 2: got in that office and doing the ike turner and 38 00:02:15,680 --> 00:02:20,880 Speaker 2: here we are, like kudos to GM. Like I mean, 39 00:02:20,919 --> 00:02:23,560 Speaker 2: I still don't love him as a stock. The all 40 00:02:23,600 --> 00:02:26,800 Speaker 2: time high was back in ninety nine, which is crazy, 41 00:02:27,560 --> 00:02:31,040 Speaker 2: but they have rebounded well from twenty seven. They're at 42 00:02:31,120 --> 00:02:35,520 Speaker 2: forty seven right now, which is amazing for them. I 43 00:02:35,600 --> 00:02:39,040 Speaker 2: never would have saw the day coming. This is kind 44 00:02:39,040 --> 00:02:41,600 Speaker 2: of like Tank Davis's opponent when he got caught with 45 00:02:41,639 --> 00:02:43,600 Speaker 2: their little left houck at the end. I would have 46 00:02:43,680 --> 00:02:45,919 Speaker 2: never seen him coming. But I think it goes to 47 00:02:46,000 --> 00:02:50,680 Speaker 2: show kudos and rest in pieces you that when you're 48 00:02:50,760 --> 00:02:54,720 Speaker 2: focused and if your enemy or opponent takes their eye 49 00:02:54,800 --> 00:02:58,000 Speaker 2: off the prize, you can take pole position and end 50 00:02:58,120 --> 00:03:00,560 Speaker 2: up winning. I think at a time when everyone was 51 00:03:00,560 --> 00:03:06,160 Speaker 2: super excited about EV, we don't hear too much about them. 52 00:03:06,320 --> 00:03:08,960 Speaker 2: The profit margin is isn't good. It's five point eight percent. 53 00:03:09,639 --> 00:03:12,360 Speaker 2: Gross margin is eleven percent, but market cap is pretty good. 54 00:03:12,400 --> 00:03:16,480 Speaker 2: Fifty four billion. Enterprise value is forty two. Analys have 55 00:03:16,600 --> 00:03:22,760 Speaker 2: it going to forty nine. Institutional ownership is eighty two percent. 56 00:03:23,480 --> 00:03:26,839 Speaker 2: Stable business, don't have to worry about the CEO being 57 00:03:26,840 --> 00:03:30,760 Speaker 2: all in the videos or doing drugs or battling with 58 00:03:30,840 --> 00:03:34,680 Speaker 2: Apple or advocating for dose coins. So it's been like 59 00:03:34,720 --> 00:03:37,280 Speaker 2: a flight to safety for their A quarter over quarter 60 00:03:37,360 --> 00:03:41,000 Speaker 2: revenue is up seven percent. Not a blockbuster business, but 61 00:03:41,080 --> 00:03:43,040 Speaker 2: right now in the EV space, they're doing a lot 62 00:03:43,080 --> 00:03:47,200 Speaker 2: better than Tesla is. For sure here in America. 63 00:03:48,040 --> 00:03:50,800 Speaker 1: Would Tesla be the old king. If this is the 64 00:03:50,800 --> 00:03:55,600 Speaker 1: new king, Yeah, I'm interested to see. This is a 65 00:03:55,640 --> 00:03:58,280 Speaker 1: real test. The boy got the fifty nine billion. What 66 00:03:58,320 --> 00:04:00,640 Speaker 1: are you gonna do now other things? 67 00:04:00,760 --> 00:04:03,000 Speaker 2: Are you really going to vote more time and energy there? 68 00:04:03,040 --> 00:04:06,640 Speaker 2: Or are you going to go to SpaceX starlink which 69 00:04:06,680 --> 00:04:09,600 Speaker 2: starlink is a mind serve company. 70 00:04:10,080 --> 00:04:12,400 Speaker 1: I don't know their thoughts. 71 00:04:12,800 --> 00:04:13,440 Speaker 3: I read on this. 72 00:04:13,520 --> 00:04:17,000 Speaker 1: I'm like, Okay, well why because when it and I 73 00:04:17,040 --> 00:04:18,680 Speaker 1: know we're switching tovis a little bit, but I mean 74 00:04:18,680 --> 00:04:21,680 Speaker 1: it's all in the automotive space. The initial thought was 75 00:04:21,960 --> 00:04:24,280 Speaker 1: no way of getting this, they didn't believe in it, 76 00:04:24,400 --> 00:04:26,760 Speaker 1: and then within a week it was, oh, no, this 77 00:04:26,839 --> 00:04:30,239 Speaker 1: is going to happen, and we fully support him, and 78 00:04:30,320 --> 00:04:32,880 Speaker 1: now we want him to focus and keep his focus 79 00:04:32,920 --> 00:04:36,240 Speaker 1: on the biggest source of his wealth quote not my quote. 80 00:04:36,760 --> 00:04:39,200 Speaker 3: Shareholders have always this isn't the first time they've done this, 81 00:04:39,279 --> 00:04:42,120 Speaker 3: So I don't know if they if people thought that 82 00:04:42,200 --> 00:04:46,000 Speaker 3: the shareholders wasn't going to vote because they historically they've 83 00:04:46,040 --> 00:04:47,760 Speaker 3: done this before, so. 84 00:04:48,800 --> 00:04:50,760 Speaker 2: The stock was up in their favor at the time too. 85 00:04:51,960 --> 00:04:54,680 Speaker 3: Yeah, well, I'm just saying they've never not voted against 86 00:04:54,680 --> 00:05:00,640 Speaker 3: They've never voted against Elon never so it's right in 87 00:05:00,839 --> 00:05:05,560 Speaker 3: precedent of what has happened historically, and he won by 88 00:05:05,560 --> 00:05:07,400 Speaker 3: a majority I think of like eighty percent something like that. 89 00:05:07,440 --> 00:05:10,599 Speaker 3: So it wasn't it wasn't a close situation that the 90 00:05:10,600 --> 00:05:14,040 Speaker 3: board voted right. No, the shareholders the board, the board 91 00:05:14,120 --> 00:05:16,000 Speaker 3: voted to get the board doesn't want him to get it. 92 00:05:16,200 --> 00:05:18,400 Speaker 3: That's why I had to go to the shareholders. Once 93 00:05:18,480 --> 00:05:21,600 Speaker 3: he went to the shareholders that they voted for him 94 00:05:21,600 --> 00:05:22,240 Speaker 3: to actually get. 95 00:05:22,600 --> 00:05:25,000 Speaker 1: Well, the issue was when he had the last I 96 00:05:25,080 --> 00:05:30,440 Speaker 1: think uh conference. I think it was at the Texas site. 97 00:05:31,440 --> 00:05:35,279 Speaker 1: People were expressing their disappointment with the company, and so 98 00:05:35,760 --> 00:05:38,960 Speaker 1: again you had a bunch of people speaking out and 99 00:05:39,000 --> 00:05:41,040 Speaker 1: they wouldn't let him speak, and it became a thing. 100 00:05:41,160 --> 00:05:43,240 Speaker 1: So it kind of felt like the sentiment was turning 101 00:05:43,279 --> 00:05:46,920 Speaker 1: negative around him, but obviously not obviously not fifty. 102 00:05:46,720 --> 00:05:49,400 Speaker 2: I mean, it's kind of hard to tell somebody now 103 00:05:49,920 --> 00:05:52,120 Speaker 2: when they got satellites and know where you live in 104 00:05:52,240 --> 00:05:58,360 Speaker 2: rockets too. You want your job, hey man, Listen, if 105 00:05:58,360 --> 00:06:00,320 Speaker 2: Tony starts telling me man, I need to vote for 106 00:06:00,320 --> 00:06:02,080 Speaker 2: the fifty nine, you kind of got to give it 107 00:06:02,120 --> 00:06:05,400 Speaker 2: to him. So the true test is gonna come down 108 00:06:05,520 --> 00:06:09,200 Speaker 2: after he got the fifty nine to zero and then 109 00:06:09,240 --> 00:06:10,840 Speaker 2: I dropped the lawsuit with open AI. 110 00:06:11,640 --> 00:06:14,120 Speaker 1: Yeah he did, he did drop the lawsuit, Yes, yes, 111 00:06:14,480 --> 00:06:17,840 Speaker 1: he said. His quote was that he's a pathological he's 112 00:06:17,880 --> 00:06:21,520 Speaker 1: a pathological optimist and he only can. 113 00:06:21,560 --> 00:06:22,800 Speaker 2: Hold fifty nine billion. 114 00:06:23,040 --> 00:06:24,680 Speaker 3: Me too, right, he said. 115 00:06:24,720 --> 00:06:27,920 Speaker 1: I might mess it up along the way, but I 116 00:06:28,000 --> 00:06:29,480 Speaker 1: always get the job done in the end. 117 00:06:31,040 --> 00:06:32,960 Speaker 2: I would pay open AI for paying the suffering if 118 00:06:32,960 --> 00:06:35,719 Speaker 2: I got my fifty nine billion in testa, Sam, I'm sorry. 119 00:06:35,920 --> 00:06:39,000 Speaker 2: Let's end up every relationship right now. Go work on 120 00:06:39,080 --> 00:06:42,799 Speaker 2: starlink and be done. Go take over after in Australia 121 00:06:42,920 --> 00:06:47,239 Speaker 2: and Mars cool the dark side of the moon. Hey, 122 00:06:49,080 --> 00:06:51,240 Speaker 2: all right, y'all, have the a little car play that 123 00:06:51,440 --> 00:06:54,920 Speaker 2: global internet move that he's gonna make with starlink. 124 00:06:57,520 --> 00:06:58,080 Speaker 1: Way better. 125 00:06:58,120 --> 00:07:01,720 Speaker 4: An illegal alien from Guatemala charged with raping a child 126 00:07:01,800 --> 00:07:05,560 Speaker 4: in Massachusetts. An MS thirteen gang member from Al Salvador 127 00:07:05,839 --> 00:07:09,960 Speaker 4: accused of murdering a Texas man of Venezuelan charged with 128 00:07:10,040 --> 00:07:13,920 Speaker 4: filming and selling child pornography in Michigan. These are just 129 00:07:14,040 --> 00:07:17,800 Speaker 4: some of the heinous migrant criminals caught because of President 130 00:07:17,840 --> 00:07:21,360 Speaker 4: Donald J. Trump's leadership. I'm Christy Noman, the United States 131 00:07:21,440 --> 00:07:26,240 Speaker 4: Secretary of Homeland Security. Under President Trump, attempted illegal border 132 00:07:26,240 --> 00:07:29,800 Speaker 4: crossings are at the lowest levels ever recorded, and over 133 00:07:29,880 --> 00:07:33,080 Speaker 4: one hundred thousand illegal aliens have been arrested. If you 134 00:07:33,160 --> 00:07:37,000 Speaker 4: are here illegally, your next you will be fined nearly 135 00:07:37,080 --> 00:07:41,120 Speaker 4: one thousand dollars a day, imprisoned, and deported. You will 136 00:07:41,160 --> 00:07:44,800 Speaker 4: never return. But if you register using our CBP home 137 00:07:44,840 --> 00:07:48,200 Speaker 4: app and leave now, you could be allowed to return legally. 138 00:07:48,600 --> 00:07:53,320 Speaker 4: Do what's right, leave now. Under President Trump, America's laws, 139 00:07:53,520 --> 00:07:56,880 Speaker 4: border and families will be protected. Sponsored by the United 140 00:07:56,920 --> 00:07:58,160 Speaker 4: States Department of Homeland Security,