WEBVTT - General Motors vs Tesla: Who’s the New King?

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<v Speaker 2>As General Motors the new carking, I don't want to

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<v Speaker 2>get this hot take, but client for the time being. Man,

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<v Speaker 2>I would have shaved my hair hair off last year

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<v Speaker 2>if like we would have made it. Bet the GM

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<v Speaker 2>would be up hided in Tessa right now. And you

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<v Speaker 2>got in that office and doing the ike turner and

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<v Speaker 2>here we are, like kudos to GM. Like I mean,

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<v Speaker 2>I still don't love him as a stock. The all

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<v Speaker 2>time high was back in ninety nine, which is crazy,

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<v Speaker 2>but they have rebounded well from twenty seven. They're at

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<v Speaker 2>forty seven right now, which is amazing for them. I

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<v Speaker 2>never would have saw the day coming. This is kind

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<v Speaker 2>of like Tank Davis's opponent when he got caught with

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<v Speaker 2>their little left houck at the end. I would have

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<v Speaker 2>never seen him coming. But I think it goes to

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<v Speaker 2>show kudos and rest in pieces you that when you're

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<v Speaker 2>focused and if your enemy or opponent takes their eye

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<v Speaker 2>off the prize, you can take pole position and end

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<v Speaker 2>up winning. I think at a time when everyone was

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<v Speaker 2>super excited about EV, we don't hear too much about them.

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<v Speaker 2>The profit margin is isn't good. It's five point eight percent.

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<v Speaker 2>Gross margin is eleven percent, but market cap is pretty good.

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<v Speaker 2>Fifty four billion. Enterprise value is forty two. Analys have

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<v Speaker 2>it going to forty nine. Institutional ownership is eighty two percent.

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<v Speaker 2>Stable business, don't have to worry about the CEO being

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<v Speaker 2>all in the videos or doing drugs or battling with

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<v Speaker 2>Apple or advocating for dose coins. So it's been like

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<v Speaker 2>a flight to safety for their A quarter over quarter

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<v Speaker 2>revenue is up seven percent. Not a blockbuster business, but

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<v Speaker 2>right now in the EV space, they're doing a lot

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<v Speaker 2>better than Tesla is. For sure here in America.

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<v Speaker 1>Would Tesla be the old king. If this is the

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<v Speaker 1>new king, Yeah, I'm interested to see. This is a

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<v Speaker 1>real test. The boy got the fifty nine billion. What

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<v Speaker 1>are you gonna do now other things?

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<v Speaker 2>Are you really going to vote more time and energy there?

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<v Speaker 2>Or are you going to go to SpaceX starlink which

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<v Speaker 2>starlink is a mind serve company.

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<v Speaker 1>I don't know their thoughts.

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<v Speaker 3>I read on this.

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<v Speaker 1>I'm like, Okay, well why because when it and I

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<v Speaker 1>know we're switching tovis a little bit, but I mean

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<v Speaker 1>it's all in the automotive space. The initial thought was

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<v Speaker 1>no way of getting this, they didn't believe in it,

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<v Speaker 1>and then within a week it was, oh, no, this

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<v Speaker 1>is going to happen, and we fully support him, and

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<v Speaker 1>now we want him to focus and keep his focus

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<v Speaker 1>on the biggest source of his wealth quote not my quote.

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<v Speaker 3>Shareholders have always this isn't the first time they've done this,

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<v Speaker 3>So I don't know if they if people thought that

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<v Speaker 3>the shareholders wasn't going to vote because they historically they've

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<v Speaker 3>done this before, so.

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<v Speaker 2>The stock was up in their favor at the time too.

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<v Speaker 3>Yeah, well, I'm just saying they've never not voted against

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<v Speaker 3>They've never voted against Elon never so it's right in

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<v Speaker 3>precedent of what has happened historically, and he won by

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<v Speaker 3>a majority I think of like eighty percent something like that.

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<v Speaker 3>So it wasn't it wasn't a close situation that the

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<v Speaker 3>board voted right. No, the shareholders the board, the board

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<v Speaker 3>voted to get the board doesn't want him to get it.

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<v Speaker 3>That's why I had to go to the shareholders. Once

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<v Speaker 3>he went to the shareholders that they voted for him

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<v Speaker 3>to actually get.

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<v Speaker 1>Well, the issue was when he had the last I

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<v Speaker 1>think uh conference. I think it was at the Texas site.

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<v Speaker 1>People were expressing their disappointment with the company, and so

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<v Speaker 1>again you had a bunch of people speaking out and

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<v Speaker 1>they wouldn't let him speak, and it became a thing.

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<v Speaker 1>So it kind of felt like the sentiment was turning

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<v Speaker 1>negative around him, but obviously not obviously not fifty.

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<v Speaker 2>I mean, it's kind of hard to tell somebody now

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<v Speaker 2>when they got satellites and know where you live in

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<v Speaker 2>rockets too. You want your job, hey man, Listen, if

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<v Speaker 2>Tony starts telling me man, I need to vote for

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<v Speaker 2>the fifty nine, you kind of got to give it

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<v Speaker 2>to him. So the true test is gonna come down

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<v Speaker 2>after he got the fifty nine to zero and then

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<v Speaker 2>I dropped the lawsuit with open AI.

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<v Speaker 1>Yeah he did, he did drop the lawsuit, Yes, yes,

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<v Speaker 1>he said. His quote was that he's a pathological he's

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<v Speaker 1>a pathological optimist and he only can.

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<v Speaker 2>Hold fifty nine billion.

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<v Speaker 3>Me too, right, he said.

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<v Speaker 1>I might mess it up along the way, but I

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<v Speaker 1>always get the job done in the end.

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<v Speaker 2>I would pay open AI for paying the suffering if

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<v Speaker 2>I got my fifty nine billion in testa, Sam, I'm sorry.

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<v Speaker 2>Let's end up every relationship right now. Go work on

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<v Speaker 2>starlink and be done. Go take over after in Australia

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<v Speaker 2>and Mars cool the dark side of the moon. Hey,

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<v Speaker 2>all right, y'all, have the a little car play that

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<v Speaker 2>global internet move that he's gonna make with starlink.

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<v Speaker 1>Way better.

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<v Speaker 4>An illegal alien from Guatemala charged with raping a child

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<v Speaker 4>Donald J. Trump's leadership. I'm Christy Noman, the United States

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<v Speaker 4>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 4>Do what's right, leave now. Under President Trump, America's laws,

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<v Speaker 4>border and families will be protected. Sponsored by the United

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<v Speaker 4>States Department of Homeland Security,