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Speaker 4: Bestler's market share has dipped below fifty percent for the
Speaker 4: first time since the electric car vehicle sector game popularity.
Speaker 4: How do you view this shift in the market.
Speaker 1: I think it's over hyped.
Speaker 5: I've been critical of Elin all year, but it would
Speaker 5: be BYD getting hotter American companies focusing more on ev
Speaker 5: Everyone's going to come for your launch if you make
Speaker 5: something popular. I'm not really concerned yet because they are
Speaker 5: still like the pre eminent leader in terms of thought
Speaker 5: and market share here. Stock has them pretty well over
Speaker 5: the last couple of a couple of weeks. So I
Speaker 5: mean if it dropped to twenty five percent market share
Speaker 5: or twenty percent, I would then be concerned before to
Speaker 5: take a dip under.
Speaker 3: I'm not worried.
Speaker 1: I think it was a.
Speaker 6: Little bit of an overhyped headline.
Speaker 5: I still like it at if you need a re
Speaker 5: entry point to twenty three, you'll be fine. Once it
Speaker 5: dip below one forty four and some change a couple
Speaker 5: of months ago.
Speaker 6: That's another place that I like it to buy. But
Speaker 6: I think this is two overhyped.
Speaker 5: They made it seem like they went from seventy five
Speaker 5: percent to fifty in one week. I'm like, okay, yeah,
Speaker 5: b Wyd is heating up. My stance has been the
Speaker 5: same on Tesla. Hold it long term. Here's a noble thought.
Speaker 5: You can be pro a company and still criticized the
Speaker 5: founder and what they should do better to keep their lead,
Speaker 5: as I've done with Apple. So I think this is
Speaker 5: over hyped. They still have some corrections to make. I
Speaker 5: think they do need still need a lot more innovation,
Speaker 5: but I wouldn't worry about this right now.
Speaker 2: I think this is one of those those situations where
Speaker 2: you can read the headline and you can actually read
Speaker 2: the article. Yeah, if you read the headline, it was like,
Speaker 2: oh my gosh, that sounds like something that's drastic. If
Speaker 2: you read the article, then it makes more sense to you.
Speaker 2: In twenty twelve, Tesla had seventy five percent of the
Speaker 2: EV space. For the past ten years, it's had approximately
Speaker 2: fifty six percent of the EV space. It's finally going
Speaker 2: under fifty last year. Well, then you start to look
Speaker 2: at the tea leaves as to why we've talked about
Speaker 2: the production, right, we talked about the delays in production,
Speaker 2: and so they saw me decline while the EV space
Speaker 2: increased by eleven percent. And so if you decline and
Speaker 2: the entire space is increasing, you're obviously going to see
Speaker 2: pull a pullback.
Speaker 3: But I mean, they still have a large majority of
Speaker 3: the space.
Speaker 2: And it's interesting when I was looking at the number
Speaker 2: of sales, there's still so much space for evs to go.
Speaker 2: Only seven percent of all vehicles sold in twenty twenty
Speaker 2: three were EV's.
Speaker 3: We'll start seeing an increase every year. And I have
Speaker 3: an EV. I love it, even though you know the
Speaker 3: version that I have is not selling out. Well, but
Speaker 3: that's fine me.
Speaker 2: You know, becomes even more it's interesting because now when
Speaker 2: you look at tests, like even with those pullbacks in
Speaker 2: the market space, you can see that there's a shift.
Speaker 2: And so is it an EV company anymore? We've been
Speaker 2: saying no for so long, but what is it? So
Speaker 2: now it becomes ev slash robotics, right because there comes
Speaker 2: to robo taxi.
Speaker 3: I know there was some delays that they announced last week,
Speaker 3: but it.
Speaker 2: Becomes a slash now just from solely being in twenty
Speaker 2: twelve an ev co company. We all obviously you know
Speaker 2: the technology that Eon has brought forth to this world.
Speaker 2: But now it's like, h we're a slash company. We
Speaker 2: don't really just stay in one sector.
Speaker 4: No, it's definitely trouble for the company for sure. Which
Speaker 4: which part every part? So in business you're either going
Speaker 4: up or you're coming down.
Speaker 2: No, hold on, hold on, let me let me just
Speaker 2: take that there. Which part of you're saying, every part
Speaker 2: of the company in what sense?
Speaker 4: Get able to communicate my thoughts and you'll be able
Speaker 4: to actually understand.
Speaker 3: What I'm Yeah, I want to break I want to
Speaker 3: break down with it.
Speaker 1: Every you said, every every part of what you just said.
Speaker 4: So but let me just take one thing I talk
Speaker 4: So they went from seventy five to fifty eight to
Speaker 4: now that under fifty.
Speaker 1: That's trouble because, like I said.
Speaker 4: Either either you're gaining or you're or you're losing, and
Speaker 4: they're losing market share. For sure, that's not even the
Speaker 4: worst part of the issue. I just read a report
Speaker 4: a few days ago in the walltr Journal that like
Speaker 4: thirty forty percent of people that had evs are going
Speaker 4: back to GASCAR vehicles. So now you gotta start you
Speaker 4: talking about we talked about the AI bubble. Is it
Speaker 4: an EV bubble?
Speaker 1: Right?
Speaker 4: Like, oh, Saudi Arabia is still printing money, Like it's
Speaker 4: not like we got to reevaluate the conversation on evs
Speaker 4: to see if this was overly I've.
Speaker 2: Been saying, is it overly hyped? If it's only seven percent,
Speaker 2: this is not even a bubble.
Speaker 4: But a lot of it was done off of expectation.
Speaker 4: Like the pricing was not based off of what it's
Speaker 4: currently at. It was based off of the expectation of
Speaker 4: what it's going to be in the future for Tesla.
Speaker 2: But here's the in general, But here's the contrary to
Speaker 2: what you're saying. In twenty twelve, how many car companies had.
Speaker 1: EV models, Toyota, Nissan, you can.
Speaker 3: Count them, right, Yeah, it's money or how many companies
Speaker 3: have EV models.
Speaker 2: And so of course you're gonna lose market share because
Speaker 2: more people are coming into the space. And so where
Speaker 2: you were the only person, you were the only date
Speaker 2: at the brom Now you've got a bunch of beautiful
Speaker 2: women that are well or man coming into the space,
Speaker 2: and they have vehicles that are comparable to yours, and
Speaker 2: they're more cost efficient than yours. And so yeah, you're
Speaker 2: gonna lose market share when you're not the only person
Speaker 2: that people can.
Speaker 1: Buy it from.
Speaker 4: My whole point, literally, that's my whole Yeah, I'm not
Speaker 4: my whole point. You just articulated my whole entire point.
Speaker 4: But what I'm saying is that as Ian always says
Speaker 4: your goal is to have a monopoly.
Speaker 1: Right ye Apple, Apple has one.
Speaker 4: Competitor, maybe two if you if you count you know, China,
Speaker 4: but they have at the most they have two competitors.
Speaker 4: There's not ten companies that Apple has to fight with
Speaker 4: for market share. The NBA has no competitor, like they
Speaker 4: just I just read a report where they say in
Speaker 4: the NBA is about this. The contract is so crazy
Speaker 4: that in four years people are gonna start having ninety
Speaker 4: four million.
Speaker 1: Dollars a year year contracts contracts.
Speaker 4: Right, it's a monopoly on the sport, like the best
Speaker 4: companies in the world to have monopoly. So what I'm
Speaker 4: saying is that I'm not saying that Tesla is gonna die, right,
Speaker 4: it's still a viable company, but their days of being
Speaker 4: on top are numbered. And what space in the EV space?
Speaker 4: That's what I said that the slash now it's robotic.
Speaker 4: Now the next My next point was going to be
Speaker 4: the robotics, and I think that's overrated. ELI has a
Speaker 4: way of hyping things that I'm hoping people is really
Speaker 4: gonna have robots running around, Like, I think that that's overrated.
Speaker 4: I think that that there's a lot of speculation and
Speaker 4: overhype and it's sensational lot, and there's still a lot
Speaker 4: of question marks in regards to what is even their
Speaker 4: robotic plan. Robot taxis are not happening anytime soon. The
Speaker 4: government is not going to allow that to happen anytime soon.
Speaker 4: So we're talking about at least probably a twenty year
Speaker 4: in the window like for this even to come into truition.
Speaker 4: I just feel like he's a great entrepreneur, but I
Speaker 4: feel like he's a great salesman even more so than
Speaker 4: the entrepreneur.
Speaker 1: And he has a great way of saying things that
Speaker 1: I don't know.
Speaker 4: I'm not overly enthusiastic about, you know, a robot. That's
Speaker 4: if that's the business model as far as the robots,
Speaker 4: I think that they have all.
Speaker 2: Right, So then tell me the company, because this is fair,
Speaker 2: right to tell me the company that's not based off
Speaker 2: speculation evaluation. Right, you could say, like in video selling
Speaker 2: all these ships, but what if that doesn't improve the
Speaker 2: business model for all the people that they're selling for
Speaker 2: that's needed what I'm saying, or it may not be needed.
Speaker 2: We don't know, right, like people we don't know and
Speaker 2: the companies that are spending the money right they're basing on.
Speaker 5: Even with in video, Right, that's a tech monopoly too,
Speaker 5: if we're gonna be very honest, the reason in video
Speaker 5: has grown so much that they have super big, well
Speaker 5: clients that nobody else can access at a premium price point,
Speaker 5: Like when you're selling that two billion a clip, it's
Speaker 5: really hard for the profitability not to be there. I
Speaker 5: think both points can be true. The one thing that's
Speaker 5: not being for and ELI will hype some shit up.
Speaker 5: Of course, the one thing I don't think that anyone's
Speaker 5: really paying attention to over the weekend. Now he openly
Speaker 5: endorsed Trump after the sympathy vote.
Speaker 3: What was that? And now he what was the time
Speaker 3: that he endorsed it?
Speaker 1: Though?
Speaker 3: Did you look at that? I didn't ten minutes after?
Speaker 6: Well played?
Speaker 1: Crazy, well played?
Speaker 5: And now so maybe some of the issues that he
Speaker 5: had with the White House and not being able to
Speaker 5: have Tesla do a deal with the government, maybe if
Speaker 5: Trump gets in office, he can get it done now
Speaker 5: and it can bump the market share back up.
Speaker 1: But from a.
Speaker 5: Business perspective, I do agree either you're grown or dying.
Speaker 5: So if my market is shared with from seventy five
Speaker 5: percent to forty eight, I will be worried. The autonomous
Speaker 5: taxi robo i robot thing great idea. I loved it
Speaker 5: in the movie with Will Smith too. Don't see it
Speaker 5: happening yet. I do think if he takes Starlink and
Speaker 5: combines it in Tesla, I think he needs to make
Speaker 5: all those companies.
Speaker 6: In the one then he'll have a like a mega power.
Speaker 5: It's hard to focus on running four or five companies
Speaker 5: and having twelve kids at the same dam time.
Speaker 2: And then creating it. You're trying to create his own
Speaker 2: a at the same time. So are you? You're still
Speaker 2: a long time to test so you're not.
Speaker 6: I am, But my thing is like I can.
Speaker 5: I think you can be long a company and as
Speaker 5: a shareholder say hey, I don't want you doing keademene
Speaker 5: in the office and I want you to focus.
Speaker 1: This is what I want you all to say. Thank
Speaker 1: you my views reflectively.
Speaker 6: Look, I'm gonna call my boyfriend at the Little Factory
Speaker 6: one day.
Speaker 2: We need video footage. Are you Are you long Tesla?
Speaker 2: You're not in Testla at all?
Speaker 4: If you have to invest, I just I feel like
Speaker 4: it's better company to invest in. I think test is
Speaker 4: gonna make money, true, but I don't think that it's
Speaker 4: a top ten draft pick. If you if you want
Speaker 4: to do it like a lottery pick, is it Tesla
Speaker 4: a lottery pick right now?
Speaker 3: Mm hmm No, Top twelve.
Speaker 1: I mean soft in video open AI just.
Speaker 3: Twelve picks and a lottery coming. It might be late.
Speaker 3: It might be late lottery.
Speaker 5: I do a high my personal love life, like once
Speaker 5: I get out the top ten I don't.
Speaker 1: You don't even matter.
Speaker 6: That's next season then in the backups?
Speaker 1: Cool, so you long test.
Speaker 3: I'm staying.
Speaker 5: But Tesla Kawhi not focused as it should be. Too
Speaker 5: much party in Costa Rica. When Kawhi got off the bus.
Speaker 1: I'm like, no, he ain't playing. Got shout out to
Speaker 1: But you didn't.
Speaker 3: You said you didn't give a definite answer.
Speaker 6: What's the what's the question downhill with you shot?
Speaker 1: Come on.
Speaker 3: My long test work?
Speaker 4: When you say long Tesla, I'm invested in Walter. I
Speaker 4: think that is going to go up on the course.
Speaker 1: Are you?
Speaker 3: Are you going to would you invest in a Longter?
Speaker 1: No? That doesn't mean that it's not going to go up, though, I'm.
Speaker 3: Saying would you invest.
Speaker 6: I think that is Tesla a top five company right now?
Speaker 3: No, it's not top five not no, no, no, I
Speaker 3: didn't say top five. But lottery. That's different. I think
Speaker 3: it's lottery. I say lottery.
Speaker 1: I mean every Okay, is it better Netflix? Nope? Is it?
Speaker 1: Is it better than Google? A? It? Is it better
Speaker 1: than Meta? No?
Speaker 4: Of course these are all lottery, Apple, Microsoft, We're those.
Speaker 3: Those A.
Speaker 1: M B T S T S M.
Speaker 4: I said late lottery crowd CrowdStrike, Yes, black Rock Vanguard.
Speaker 5: Come on, stop style style top to that work.
Speaker 4: But why would you say it's better than CrowdStrike though,
Speaker 4: because CrowdStrike actually solves a problem.
Speaker 2: Crowdshrike has a tremendous competition inside the space, tremendous.
Speaker 1: It also solves a problem though, I know, but.
Speaker 2: It has you talked. There's about fifteen companies inside the space.
Speaker 2: They're the leader now, but they have a tremendous competition.
Speaker 1: If ELI musseting to see still and.
Speaker 2: The diversifying it, huh, the diversifying where they're putting the money.
Speaker 1: I've been long the stock I'm gonna be real de
Speaker 1: robo taxi.
Speaker 3: Id ist lottery.
Speaker 2: Like lottery I got and I've companies full disclaiming I'm
Speaker 2: and th companies that you just said, I'm in crowds
Speaker 2: tracking you already.
Speaker 3: Yeah, that's not come close.
Speaker 1: That in Google.
Speaker 6: Why don't we just make it were deep in the
Speaker 6: rabbit hole, tell us some maybe twenty.
Speaker 1: Is twenty late. First round. Ronnie James, Ronnie Ronnie James VI.
Speaker 2: Y'all wow, yeah wow, And no disrespector Brownie, no disrector brownie,
Speaker 2: but y'all woll Season.
Speaker 5: Two, they got on me for screaming on a mic
Speaker 5: if I was on ketamine. When the show is like,
Speaker 5: what would have happened?
Speaker 1: Yeah? Once, no, no, no, this comes from inside the company.
Speaker 1: This ain't no ship. I made up.
Speaker 6: This.
Speaker 3: This proof of this. We need to see this.
Speaker 1: I need to see videos play all right.
Speaker 2: By market cap, let's just I'm looking at the mark cap.
Speaker 2: It's number eleven in market cap right now. Yeah, I'm
Speaker 2: just saying. I'm just telling you where it's at. It's
Speaker 2: number so and in terms of market cap, obviously you
Speaker 2: take out if we're talking about American companies, you take
Speaker 2: Saudi Aramico out of there.
Speaker 1: The market cap is not the only thing.
Speaker 6: I'm just a Saudi royal family invested in Tessslano.
Speaker 3: That I don't have any information on that yet.
Speaker 1: Assignment. Do you want to know what's going to last?
Speaker 1: I'm go see what they invested in.
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