Speaker 1: An illegal alien from Guatemala charged with raping a child
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Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
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Speaker 3: Eli muss Yes, Tesla stock fell more than ten percent
Speaker 3: after it missed earnings. He lost a lot of money.
Speaker 3: I don't know how much money lost, but it was
Speaker 3: a record. I think it was like another record amount
Speaker 3: of money that was lost. Something crazy. So Tesla stock
Speaker 3: is down. Long story short, Tesla stock was down last week.
Speaker 3: What are three mistakes the brand is currently making and
Speaker 3: what can they do to improve the company to make
Speaker 3: the stock trend high? And Tesla was one of those
Speaker 3: stocks that during the pandemic was everybody's favorite. You know,
Speaker 3: it went up crazy during the pandemic, like crazy. A
Speaker 3: lot of people made a lot of money just buying
Speaker 3: the stock, a lot of people made money on options.
Speaker 3: But now it's down. It's fifty two weeks high with
Speaker 3: thirty three hundred and thirty six dollars is around one
Speaker 3: hundred and sixty dollars now couple. So what's the deal
Speaker 3: with Tesla.
Speaker 2: And the number one? And as business owners, I think
Speaker 2: we can all relate to this. You have to stop
Speaker 2: cutting prices. So if you were bought a Tesla two
Speaker 2: years ago and it was at forty five thousand, and
Speaker 2: now it's being priced at twenty three thousand and thirty thousand,
Speaker 2: not only is it going to cut into your margin,
Speaker 2: but it's going to upset your customer base that bought
Speaker 2: her a higher price. So usually even though people don't
Speaker 2: like to pay a higher price for a business, it
Speaker 2: does extend or widen your profit margins. Number two, I
Speaker 2: think they need another visionary there, not to replace Elon,
Speaker 2: but because of SpaceX, the AI project that he's launching now,
Speaker 2: and all the other ventures he has going on. I
Speaker 2: think he's spread a little bit too thin. And I
Speaker 2: think you need like a he needs a Tim Cook
Speaker 2: or a Johnny Ive in this corner. Not that they
Speaker 2: don't have great leadership there, but I don't think they
Speaker 2: don't have a visionary that is a kin to him
Speaker 2: that can lead a new product cycle or new or
Speaker 2: innovations there to make sure not only are the products great,
Speaker 2: but the margins actually match up to where they need
Speaker 2: to be. And three, I think they needed new products.
Speaker 2: I posted a couple of weeks ago about an electronic bike.
Speaker 2: They need a different products cause I think, like to me,
Speaker 2: Tesla's like this era's version of like a Mercedes in
Speaker 2: the nineteen nineties or nineteen eighties. I think they need
Speaker 2: one more product in another field. And I know they
Speaker 2: have the electronic vehicle truck, but I don't think on
Speaker 2: the consumer side people have been like incredibly excited about
Speaker 2: a drop for Tesla. I think that would help them
Speaker 2: dramatically to bring the price of the stock back up
Speaker 2: and the margins be a lot better as well.
Speaker 4: And I will you took my number three, I'll say that,
Speaker 4: but let's go back to number one because the word mistake,
Speaker 4: I'm not sure if we.
Speaker 2: Should use it.
Speaker 4: Okay, here's why he's supposed to say, tell me more,
Speaker 4: tell me more, Please, tell me more, Troy Well Eli,
Speaker 4: He clearly stated that they're going for the higher value
Speaker 4: play over the higher play, right, And so when you
Speaker 4: think about higher value, that means that I want to
Speaker 4: put more product out in the street. Short term, they're
Speaker 4: going to lose money, right because they're dropping prices. But
Speaker 4: what does a country look like in five to ten
Speaker 4: years when everything has to be ev and eighty percent
Speaker 4: of the vehicles of yours. I think there's a long
Speaker 4: term play that we're missing when we when we try,
Speaker 4: when we take a mistake in the short term gains
Speaker 4: of it. Because if he's trying to have a larger fleet, yeah,
Speaker 4: I'm gonna drop the prices. And so if you look
Speaker 4: at the Model three, it's down eleven percent, the Model
Speaker 4: why is down twenty percent. When you drop those prices,
Speaker 4: more people can buy. But there's another part that gets
Speaker 4: like it got to cut, it got passed over. It
Speaker 4: the taxing centers for having evs have gone down. And
Speaker 4: so if I have the same price and the taxing says,
Speaker 4: they're actually going to be paying more. And so if
Speaker 4: you think it in that term, yeah, I'll lower the
Speaker 4: price because I know that the incentives are not at
Speaker 4: the same as they were before, and so what kind
Speaker 4: of off sensus.
Speaker 2: So but I think he's.
Speaker 4: Going for the let's take over countries because right now
Speaker 4: he's dominated the US, but now the next market is like,
Speaker 4: let's go dominate China, right, And so if you if
Speaker 4: you look at the percentage of evs in America right now,
Speaker 4: sixty three it's not even sixty three percent of evs
Speaker 4: are teslas. You know what the next closest company is
Speaker 4: Forward or jim GM seven percent. Yeah, that's domination, complete domination.
Speaker 4: So I think rather than a mistake, I think we
Speaker 4: got to look at from a long term lens here
Speaker 4: and say like, oh, this is it. They're just trying
Speaker 4: to have more fleet on the streets. But I think
Speaker 4: that you're right. I think that the next thing ahead again,
Speaker 4: so I can put more product out on the street.
Speaker 4: But I think you're right. I think when you start
Speaker 4: lowering prices, you start preparing people to pay less for things.
Speaker 4: And so when I start training people to do that,
Speaker 4: I think the next thing is like, now introduced into
Speaker 4: a product that is a lot less than what you
Speaker 4: know the car is. And so maybe it's a bike
Speaker 4: or maybe it's a lesser uh priced car. Right, So
Speaker 4: when you think of cars, you think, when I thought
Speaker 4: of this, I'm like, let's look at Toyota, right, Like
Speaker 4: the camera is their staple car and most people buy
Speaker 4: that was most popular car for years, that in the
Speaker 4: Honda a Cord. But then they had the Corolla, right,
Speaker 4: which was the cheaper base model of Toyota. And then
Speaker 4: they had their high end luxury, which would be Lexus.
Speaker 4: And so if you start looking at in terms of that,
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Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fine nearly
Speaker 1: one thousand dollars a day, imprisoned and deported, you will
Speaker 1: never return. But if you registered using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right, Leave now. Under President Trump America's laws
Speaker 1: border and families will.
Speaker 2: Be protected sponsored by the United States Department at Home
Speaker 2: and Security.
Speaker 4: There could be the bike, or it could be a
Speaker 4: more affordable, even more affordable car. So I think that's
Speaker 4: why you kind of play with the prices to see
Speaker 4: what people are willing to do before you introduce a
Speaker 4: new product.
Speaker 2: I'm gonna ask shut you this. Does anybody ever aspire
Speaker 2: to drive a camera or Corolla? Though?
Speaker 4: No, no, no, no, you don't have to ask William,
Speaker 4: do you think I worked this hard?
Speaker 2: What did you have to work this hall for to
Speaker 2: push the raft for? That's true.
Speaker 4: No, I'm not saying people aspire to it, but yeah,
Speaker 4: coming to affordability and getting a to B. If you
Speaker 4: look at the sales of the most sold cars in America,
Speaker 4: it's probably a Honta Accord, or it's probably a Torial camera, but.
Speaker 2: The margins and those businesses are so and not get
Speaker 2: he want scale. But if you look at Apple, like
Speaker 2: when they had the old Mac Max with the colored backs,
Speaker 2: so like we had the orange back. The thing that
Speaker 2: make the iPod mainstream was the iPod. So I don't
Speaker 2: know what product they can create that would get that
Speaker 2: kind of scale. But they do need another product that
Speaker 2: brings them to the ecosystem that makes them want to
Speaker 2: upgrade to that. But whenever a brand has become like
Speaker 2: mainstream or not damed, this luxury like take Coach from
Speaker 2: in the early two thousands, with the scene perceived to
Speaker 2: be like somewhat of a luxury now nowhere near close.
Speaker 2: I think if you start to play with those prices
Speaker 2: too much and make people pay less, somebody is going
Speaker 2: to have a higher price model. Or man if Bittley
Speaker 2: or Rolls Royce come out with an electronic version, or
Speaker 2: they put out an electronic Virgil mayback, it may be
Speaker 2: tough for a couple of years to elon. So I
Speaker 2: get the strategy what he's trying to do. But I
Speaker 2: think every time the companies are trying to like get
Speaker 2: that scale based on price alone, it tears the margins up,
Speaker 2: but ultimately hurst the businesses special when in a recession.
Speaker 4: Even if those companies do it, how many people can
Speaker 4: afford that level of luxury? Right Like, So again, if
Speaker 4: he if he's in China, that's true, well there's more,
Speaker 4: there's more, there's more billionaires here. But even if he
Speaker 4: does that, right like, even if that does happen, then
Speaker 4: the scale model it makes even more sense, right like,
Speaker 4: because if they're putting in a high end luxury I
Speaker 4: still have this affordability that most people can get.
Speaker 2: Mm hmm.
Speaker 3: So are you optimistic or pestimistic about Tesla stock?
Speaker 2: It's a great question. I'm optimistic about it. I like it.
Speaker 2: If it gets to like one O seven to like
Speaker 2: one O nine, that's a bi I'm a long term
Speaker 2: holder of Tesla. I am looking forward to seeing even
Speaker 2: though the head of somewhat successful launch of SpaceX, I
Speaker 2: am excited to see when he gets like fully focused
Speaker 2: back on Tesla. It's like his main idea or business
Speaker 2: that he's focusing on. But I do like Tesla. It
Speaker 2: is gonna slide down some But well that's that's another
Speaker 2: thing too.
Speaker 3: It's like a lot of people think that, you know,
Speaker 3: he stretched himself too thin because of course he's got Twitter.
Speaker 2: X, yes, and space x and the whole of kids.
Speaker 3: Yeah, like twelve twelve kids. So you know that that
Speaker 3: could potentially cause a strain on the company as well
Speaker 3: if the leader is not fully focused on on the
Speaker 3: job at hand.
Speaker 4: Yeah.
Speaker 2: So are you up finist on Tesla start? Yeah?
Speaker 3: I mean, I think that Tesla, I mean that they've
Speaker 3: become synonymous with with e VS, So I think that
Speaker 3: they have the the head start in the race. Just
Speaker 3: because you have the head start doesn't mean that you
Speaker 3: always win, and it gives you it gives you a
Speaker 3: better chance of winning. So I think think that you know,
Speaker 3: when you look at the ev space, they're going to
Speaker 3: have a lot more competition in the next decade than
Speaker 3: they had in the last decade. But everybody's going to
Speaker 3: be having an electric car, maybe even Apple, So you know,
Speaker 3: it's going to be a lot harder because they're going
Speaker 3: to have more competition in the space. But they have
Speaker 3: done a great job of you know, building their brand,
Speaker 3: building out infrastructure, and building trust amongst customers. So I
Speaker 3: think that that's that's helpful. But yeah, I think we
Speaker 3: have to see what's next for them, you know, is
Speaker 3: it is it a plane, is it the railroad system,
Speaker 3: is it you know, more electric solar solar power, which
Speaker 3: they already in the solar power industry now, you know,
Speaker 3: I think it'll be interesting to see how they how
Speaker 3: they diversify. I don't think this stock will rise as
Speaker 3: much as it did during the pandemic though I think
Speaker 3: it now it's it's the regular it's a regular stock.
Speaker 3: You know, it's still a good company. But you know
Speaker 3: it's not going to go up a thousand percent years. Yeah,
Speaker 3: and it maybe. I mean, I think we all agree here.
Speaker 3: I'm optimistic as well.
Speaker 4: But one of the things when you read the reports,
Speaker 4: it was saying that they want to go from hardware,
Speaker 4: which would be kind of like the vehicles, to becoming
Speaker 4: somewhat of a software company as well. And so maybe
Speaker 4: we're looking at when we talk about products, we might
Speaker 4: be looking at it the wrong way. Maybe it's not
Speaker 4: a hardware a product that they put out in some
Speaker 4: type of software. So I'm optimistic with it. There are
Speaker 4: some analysts who are saying that it will go up
Speaker 4: to fifteen hundred. I'll go colde my commentary, but I
Speaker 4: I will leave their names anonymous. But I mean there's
Speaker 4: some reports. I say that, so we'll see earners.
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