1 00:00:01,960 --> 00:00:05,519 Speaker 1: I'm Hannah Elliott and I'm Matt Miller. This is hot pursuit. 2 00:00:13,600 --> 00:00:13,920 Speaker 1: All right. 3 00:00:13,920 --> 00:00:16,520 Speaker 2: Coming up on the podcast, we're gonna talk about a 4 00:00:16,560 --> 00:00:20,919 Speaker 2: self driving Mercedes, the new drive pilot technology. Hannah tested 5 00:00:20,960 --> 00:00:24,160 Speaker 2: it out. Have they beaten Tesla to the punch. We're 6 00:00:24,200 --> 00:00:27,880 Speaker 2: also going to talk about the BMW I seven. This 7 00:00:27,960 --> 00:00:31,520 Speaker 2: is the fully electric version of their seven series, their 8 00:00:31,560 --> 00:00:33,760 Speaker 2: flagship executive limousine. 9 00:00:33,800 --> 00:00:35,560 Speaker 1: Hannah's driving it this week. 10 00:00:35,640 --> 00:00:38,199 Speaker 2: I have driven it before and it gave me ideas 11 00:00:38,200 --> 00:00:39,520 Speaker 2: for the next car that I need. 12 00:00:40,040 --> 00:00:41,600 Speaker 1: Plus, we'll talk about Porscha. 13 00:00:41,720 --> 00:00:44,480 Speaker 2: They came out with earnings that were obviously good because 14 00:00:44,520 --> 00:00:48,080 Speaker 2: they're Porsche. I'm also driving a much cheaper I guess 15 00:00:48,320 --> 00:00:51,199 Speaker 2: caman competitor in a way that we'll talk about, and 16 00:00:51,560 --> 00:00:54,440 Speaker 2: they could electrify them a con. I want an ST. 17 00:00:54,800 --> 00:00:57,360 Speaker 2: I tried to get a nine to eleven R. There's 18 00:00:57,360 --> 00:00:59,959 Speaker 2: so much to talk about in terms of Porsche. But hey, 19 00:01:00,240 --> 00:01:03,280 Speaker 2: let's start with the Mercedes Drive Pilot, which is their 20 00:01:03,840 --> 00:01:06,440 Speaker 2: level three autonomous driving system. 21 00:01:06,560 --> 00:01:07,280 Speaker 1: Tell us about it. 22 00:01:07,560 --> 00:01:08,959 Speaker 3: Yeah, I have to say this is the big deal 23 00:01:08,959 --> 00:01:11,640 Speaker 3: because Tesla has been talking about their full self driving 24 00:01:11,840 --> 00:01:15,640 Speaker 3: for years and they do sell something that they're calling 25 00:01:15,720 --> 00:01:19,960 Speaker 3: full self driving FSD, but it actually requires a bit 26 00:01:19,959 --> 00:01:23,080 Speaker 3: of hands on the wheel and attention on the road. 27 00:01:23,440 --> 00:01:27,040 Speaker 3: So Mercedes swoops in with something they're calling drive Pilot, 28 00:01:27,080 --> 00:01:31,320 Speaker 3: which is level three driving, which does not require your 29 00:01:31,360 --> 00:01:34,480 Speaker 3: hands on the wheel ever, and doesn't require your eyes 30 00:01:34,520 --> 00:01:37,959 Speaker 3: on the road. So literally you can sit back and 31 00:01:38,000 --> 00:01:40,880 Speaker 3: read a book, or watch a video, or have video 32 00:01:40,959 --> 00:01:44,880 Speaker 3: conference calls, or watch a movie play on your phone. 33 00:01:44,959 --> 00:01:46,960 Speaker 3: So it is kind of a big deal. There are 34 00:01:47,000 --> 00:01:50,000 Speaker 3: limitations that we can talk about, but as somebody who's 35 00:01:50,080 --> 00:01:54,680 Speaker 3: not especially excited about the idea of self driving in general, 36 00:01:55,080 --> 00:01:57,200 Speaker 3: I have to say it did kind of win me over. 37 00:01:57,240 --> 00:01:58,200 Speaker 3: I was pretty impressed. 38 00:01:58,480 --> 00:02:02,320 Speaker 2: Yeah, so let's talk first about the benefits of self 39 00:02:02,400 --> 00:02:04,800 Speaker 2: driving technology before we get into the limitations on the 40 00:02:04,800 --> 00:02:07,960 Speaker 2: Mercedes system, and also the cost, which I think is interesting. 41 00:02:08,960 --> 00:02:11,960 Speaker 2: You live in one of the most congested places on 42 00:02:12,000 --> 00:02:15,639 Speaker 2: the planet, so for you it can actually like make 43 00:02:15,680 --> 00:02:16,560 Speaker 2: your life better. 44 00:02:17,040 --> 00:02:19,960 Speaker 3: Yeah, that's really true. And I actually when I tested it, 45 00:02:19,960 --> 00:02:23,360 Speaker 3: it was on the Tin which basically goes, you know, 46 00:02:23,480 --> 00:02:26,320 Speaker 3: from downtown out to the ocean, and I used to 47 00:02:26,400 --> 00:02:29,360 Speaker 3: drive that way every day to work. It is some 48 00:02:29,440 --> 00:02:34,440 Speaker 3: of the most horrible traffic in town. And the benefit 49 00:02:34,760 --> 00:02:37,600 Speaker 3: was that I was in my car, but it felt 50 00:02:37,600 --> 00:02:40,040 Speaker 3: like I had a driver, and that was a huge 51 00:02:40,080 --> 00:02:41,840 Speaker 3: thing for me. I mean, the idea of having a 52 00:02:42,000 --> 00:02:45,440 Speaker 3: driver is such a great luxury, and this technology, this 53 00:02:45,560 --> 00:02:48,000 Speaker 3: drive pilot, really did make it feel like that. It 54 00:02:48,240 --> 00:02:51,119 Speaker 3: drives the car for you. It only drives the car 55 00:02:51,200 --> 00:02:54,920 Speaker 3: for you on highways that have two lanes or more 56 00:02:55,040 --> 00:02:57,920 Speaker 3: and that have a solid barrier down the center. So 57 00:02:58,320 --> 00:03:00,960 Speaker 3: this is already getting into some of the imitations. But 58 00:03:01,080 --> 00:03:03,919 Speaker 3: the benefit is I got a lot of things done 59 00:03:04,040 --> 00:03:06,440 Speaker 3: on my way to work, like answering emails, I was 60 00:03:06,440 --> 00:03:09,240 Speaker 3: looking at videos, I was playing on Instagram. That's a 61 00:03:09,280 --> 00:03:13,400 Speaker 3: huge benefit. And in a more general sense, I was 62 00:03:13,520 --> 00:03:17,040 Speaker 3: a lot less peeved and annoyed by the time I 63 00:03:17,080 --> 00:03:20,080 Speaker 3: got to the office, having not have had to fight 64 00:03:20,160 --> 00:03:23,040 Speaker 3: with you know, people that I think are terrible drivers. 65 00:03:23,600 --> 00:03:26,959 Speaker 3: I think we can agree that Prius drivers are the worst. 66 00:03:27,680 --> 00:03:29,560 Speaker 3: I did not have to fight these people on my 67 00:03:29,600 --> 00:03:31,720 Speaker 3: way into the office, and that was a huge benefit 68 00:03:31,720 --> 00:03:32,840 Speaker 3: because the car took care of it. 69 00:03:33,160 --> 00:03:33,400 Speaker 1: Yeah. 70 00:03:33,440 --> 00:03:36,000 Speaker 2: So I mean for me, for my commute, I drive 71 00:03:36,440 --> 00:03:40,240 Speaker 2: into Manhattan from Scarsdale every day. It's an hour in 72 00:03:40,320 --> 00:03:43,520 Speaker 2: the morning, really and an hour on the way back. 73 00:03:43,560 --> 00:03:46,000 Speaker 2: And I like to pretend that I can drive a 74 00:03:46,040 --> 00:03:48,520 Speaker 2: lot myself, but the truth is I'm mostly in bumper 75 00:03:48,560 --> 00:03:51,160 Speaker 2: to bumper traffic, and it would be awesome if I 76 00:03:51,200 --> 00:03:54,960 Speaker 2: could do work, you know, while while I was driving. 77 00:03:55,040 --> 00:03:59,360 Speaker 2: The problem is I'm sometimes slowed to a halt, like 78 00:03:59,480 --> 00:04:04,120 Speaker 2: when I'm heading on, for example, to Henry Hudson. But 79 00:04:04,320 --> 00:04:07,760 Speaker 2: also there are times when I'm doing sixty you know. 80 00:04:07,840 --> 00:04:10,800 Speaker 2: It's like back and forth, back and forth. And one 81 00:04:10,800 --> 00:04:12,680 Speaker 2: of the main limitations of this system I know from 82 00:04:12,680 --> 00:04:16,000 Speaker 2: reading your story on the Bloomberg Terminal, is that it 83 00:04:16,040 --> 00:04:18,120 Speaker 2: doesn't work above forty miles an hour. So I just 84 00:04:18,120 --> 00:04:19,920 Speaker 2: can't imagine how it would work for me, because it 85 00:04:19,920 --> 00:04:21,800 Speaker 2: would be awesome for a few minutes and then all 86 00:04:21,800 --> 00:04:23,440 Speaker 2: of a sudden, what it just stops working. 87 00:04:23,960 --> 00:04:27,400 Speaker 3: Yeah, actually, yes, that's exactly right. It is awesome. And 88 00:04:27,440 --> 00:04:30,400 Speaker 3: then if you need to speed up and you push 89 00:04:30,440 --> 00:04:32,640 Speaker 3: the gas or you even want to change lanes, it 90 00:04:32,800 --> 00:04:35,880 Speaker 3: just cancels out the system. So this is actually an 91 00:04:35,960 --> 00:04:40,600 Speaker 3: interesting note because level two driving will change lanes for you. 92 00:04:40,680 --> 00:04:43,920 Speaker 3: It's kind of like a glorified cruise control or if 93 00:04:43,960 --> 00:04:47,559 Speaker 3: you've heard of jam super cruise. It's basically that Level 94 00:04:47,680 --> 00:04:50,800 Speaker 3: three will fully drive the car for you and you 95 00:04:50,839 --> 00:04:53,159 Speaker 3: don't have to touch the steering wheel at all, but 96 00:04:53,320 --> 00:04:56,480 Speaker 3: it won't change lanes. And it also is only legal 97 00:04:56,760 --> 00:05:01,840 Speaker 3: right now in California and Nevada and Germany, so there 98 00:05:01,839 --> 00:05:02,760 Speaker 3: are limitations. 99 00:05:03,040 --> 00:05:04,880 Speaker 2: Yeah, and that I mean to me, it's kind of 100 00:05:04,880 --> 00:05:08,919 Speaker 2: like a deal breaker because, yeah, I need it to 101 00:05:08,960 --> 00:05:11,440 Speaker 2: be able to go more than forty that's really slow 102 00:05:11,520 --> 00:05:12,400 Speaker 2: if you think about it. 103 00:05:12,600 --> 00:05:14,240 Speaker 1: Yeah, but I guess it'll come. 104 00:05:14,600 --> 00:05:18,160 Speaker 2: As you wrote that, they're pushing to get to eighty 105 00:05:18,200 --> 00:05:21,280 Speaker 2: miles an hour as the next milestone, which is going 106 00:05:21,360 --> 00:05:23,360 Speaker 2: to be I think when it really works, well maybe 107 00:05:23,360 --> 00:05:25,599 Speaker 2: in LA people will drive faster than that on the ten. 108 00:05:26,480 --> 00:05:29,120 Speaker 1: But I think one of the. 109 00:05:29,000 --> 00:05:32,040 Speaker 2: Coolest parts of the story is that they have like 110 00:05:32,400 --> 00:05:37,000 Speaker 2: special designated tail lights that are not police blue, but 111 00:05:37,000 --> 00:05:39,240 Speaker 2: they're kind of like lavender, And there's a picture in 112 00:05:39,279 --> 00:05:40,839 Speaker 2: the story and I thought that looks so cool. So 113 00:05:40,880 --> 00:05:43,159 Speaker 2: eventually you're going to be able to know when other 114 00:05:43,279 --> 00:05:45,440 Speaker 2: people have automated driving on. 115 00:05:45,960 --> 00:05:50,520 Speaker 3: Yeah, those lights are very cool, and they're actually primarily 116 00:05:50,560 --> 00:05:54,360 Speaker 3: so that law enforcement know that this car is being 117 00:05:54,480 --> 00:05:58,839 Speaker 3: driven automatically and not by a human. It's the lights 118 00:05:58,880 --> 00:06:02,279 Speaker 3: actually have not yet been approved for new models, but 119 00:06:02,400 --> 00:06:05,720 Speaker 3: they're trying to get Mercedes is trying to get that 120 00:06:05,760 --> 00:06:08,799 Speaker 3: color approved. You know, they have to run everything through 121 00:06:08,880 --> 00:06:12,440 Speaker 3: the standards and regulations to make them legal. But on 122 00:06:12,640 --> 00:06:15,080 Speaker 3: these tester cars that we had, they did have these 123 00:06:15,120 --> 00:06:18,240 Speaker 3: like very it's like almost a teal, just like you say, 124 00:06:18,320 --> 00:06:21,480 Speaker 3: And that is largely so law enforcement know that the 125 00:06:21,480 --> 00:06:24,880 Speaker 3: car is being driven autonomously and not so. You know, 126 00:06:25,000 --> 00:06:27,040 Speaker 3: if a cop sees you and you're like watching a 127 00:06:27,120 --> 00:06:30,080 Speaker 3: video on your phone, he doesn't pull you over. Basically 128 00:06:30,279 --> 00:06:31,200 Speaker 3: all right to me. 129 00:06:31,279 --> 00:06:33,719 Speaker 2: The only other problem with this is, you know, I 130 00:06:33,839 --> 00:06:37,280 Speaker 2: like to do extreme tailgating, so I'm right on your 131 00:06:37,320 --> 00:06:40,000 Speaker 2: bumper if you're in front of me in the left lane, 132 00:06:40,680 --> 00:06:42,760 Speaker 2: because I don't think you should be in the left lane. 133 00:06:42,800 --> 00:06:44,760 Speaker 1: It's only for passing, and I'm the one who's trying 134 00:06:44,760 --> 00:06:45,200 Speaker 1: to pass. 135 00:06:45,640 --> 00:06:47,840 Speaker 2: Also, I don't like it when someone ducks in front 136 00:06:47,839 --> 00:06:49,599 Speaker 2: of me, you know, trying pass on the right and 137 00:06:49,600 --> 00:06:50,320 Speaker 2: cut in front of me. 138 00:06:50,640 --> 00:06:52,880 Speaker 1: So rude. And it doesn't follow that closely, does it. 139 00:06:53,240 --> 00:06:56,080 Speaker 3: No, it doesn't. And if you try to follow that closely, 140 00:06:56,120 --> 00:06:59,240 Speaker 3: it'll just cancel the system. So yeah, I don't I 141 00:06:59,279 --> 00:07:03,320 Speaker 3: agree with you. I don't like that these new programs 142 00:07:03,480 --> 00:07:10,400 Speaker 3: don't allow aggressive driving, because sometimes we do need to 143 00:07:10,560 --> 00:07:14,680 Speaker 3: drive aggressively. I like your term extreme tailgating. That sounds 144 00:07:14,680 --> 00:07:17,040 Speaker 3: like a hobby kind of and maybe that should go 145 00:07:17,120 --> 00:07:18,920 Speaker 3: on our list of hobbies. 146 00:07:18,960 --> 00:07:21,520 Speaker 1: I've taken that from college football. Yeah, fandom. 147 00:07:21,640 --> 00:07:24,960 Speaker 3: That's that's very good. And you know, I think these 148 00:07:25,000 --> 00:07:29,320 Speaker 3: are all steps forward. Level five is the top level 149 00:07:29,480 --> 00:07:32,960 Speaker 3: of autonomous driving, and that is basically a robotax, you know, 150 00:07:33,000 --> 00:07:37,400 Speaker 3: something that totally drives itself for you. So we're at 151 00:07:37,480 --> 00:07:40,760 Speaker 3: level three. It's a new threshold that's been passed. They're 152 00:07:40,800 --> 00:07:43,200 Speaker 3: trying to get it up to speed, no pun intended, 153 00:07:43,360 --> 00:07:45,320 Speaker 3: and you know we're moving in that direction. 154 00:07:45,520 --> 00:07:47,960 Speaker 2: Well it is sometimes you really do feel like you 155 00:07:47,960 --> 00:07:50,880 Speaker 2: need a driver. So let's move on to the next topic, 156 00:07:50,960 --> 00:07:54,480 Speaker 2: and that is what are you driving this week? You 157 00:07:54,520 --> 00:07:58,160 Speaker 2: have the BMW I seven, which is the EV version 158 00:07:58,480 --> 00:08:02,920 Speaker 2: of the you know, legendary seven series. I had a 159 00:08:03,000 --> 00:08:05,960 Speaker 2: chance at it, and I have serious thoughts. But tell 160 00:08:05,960 --> 00:08:07,640 Speaker 2: me what you're thinking about driving it right now? 161 00:08:07,840 --> 00:08:11,680 Speaker 3: Well, you know what, I surprisingly kind of liked it 162 00:08:12,000 --> 00:08:15,520 Speaker 3: and currently like it, and it's really funny because last 163 00:08:15,520 --> 00:08:18,920 Speaker 3: week I had the BMW XM was not so much 164 00:08:18,920 --> 00:08:21,120 Speaker 3: of a fan. That review is coming out next week 165 00:08:21,160 --> 00:08:24,680 Speaker 3: where I'll really go on my rant about the XM. 166 00:08:24,960 --> 00:08:27,720 Speaker 3: So I kind of got into the I seventh, you know, 167 00:08:27,840 --> 00:08:29,920 Speaker 3: with a little bit of a cringe in my neck. 168 00:08:30,560 --> 00:08:33,520 Speaker 3: But I started sort of listing out all the things 169 00:08:33,559 --> 00:08:35,079 Speaker 3: that I was thinking about the I seven, and I 170 00:08:35,080 --> 00:08:36,959 Speaker 3: looked at the list and I realized, wait a second, 171 00:08:37,040 --> 00:08:42,040 Speaker 3: these are all positives pretty much. You know, it's very comfortable, 172 00:08:42,559 --> 00:08:45,120 Speaker 3: it's large, and I think if you want a large car, 173 00:08:45,200 --> 00:08:47,559 Speaker 3: this is this is great. It certainly feels more luxurious 174 00:08:47,600 --> 00:08:51,559 Speaker 3: than competitors like the Porscha Ta Can or any of 175 00:08:51,640 --> 00:08:55,640 Speaker 3: the Tesla models. I think it actually is priced pretty fairly. 176 00:08:55,920 --> 00:08:59,120 Speaker 3: Starting prices around one hundred and seven thousand. There are 177 00:08:59,280 --> 00:09:03,000 Speaker 3: tons of ops, a bunch of executive packages you can 178 00:09:03,040 --> 00:09:05,480 Speaker 3: get that will make it a lot more expensive, but 179 00:09:05,960 --> 00:09:09,280 Speaker 3: I actually think the starting price is pretty fair. Does 180 00:09:09,320 --> 00:09:12,400 Speaker 3: this ring any bells for what you thought about it, Matt? 181 00:09:12,559 --> 00:09:14,680 Speaker 1: Yeah? For me, mostly positives. 182 00:09:14,760 --> 00:09:17,640 Speaker 2: I absolutely loved it, and I feel like my test 183 00:09:17,679 --> 00:09:20,800 Speaker 2: drive in the I seven was almost life changing. 184 00:09:20,960 --> 00:09:21,280 Speaker 1: Wow. 185 00:09:21,440 --> 00:09:23,560 Speaker 2: Oh, I love the brand. I'm a huge fan of 186 00:09:23,640 --> 00:09:27,400 Speaker 2: BMW and I always have been. I now have a 187 00:09:27,559 --> 00:09:31,080 Speaker 2: greater appreciation for big executive limousines, and I didn't really 188 00:09:31,080 --> 00:09:34,120 Speaker 2: give them much thought previously. No, I was in Stuttgart 189 00:09:34,200 --> 00:09:36,480 Speaker 2: with all the Colonias when they put out the new 190 00:09:36,640 --> 00:09:39,439 Speaker 2: S class, and it was cool to be in Stuttgart 191 00:09:39,440 --> 00:09:41,000 Speaker 2: and to be with Ola, But I didn't really care 192 00:09:41,040 --> 00:09:42,880 Speaker 2: about the S class, like I'm not buying one of 193 00:09:42,920 --> 00:09:47,160 Speaker 2: those things. But this, to me kind of showed what's 194 00:09:47,360 --> 00:09:51,320 Speaker 2: possible there. First are some negatives, though, I think it's 195 00:09:51,679 --> 00:09:54,440 Speaker 2: the ugliest of all the executives. Sedan's, I mean, the 196 00:09:54,480 --> 00:09:57,840 Speaker 2: split headlights up front reminds me of a Fiat Multipla, 197 00:09:58,559 --> 00:10:02,679 Speaker 2: and I don't I don't know how the designer, the 198 00:10:02,679 --> 00:10:05,040 Speaker 2: designers at BMW have been getting away with what they've 199 00:10:05,080 --> 00:10:07,640 Speaker 2: been getting away with since Chris Bangle. I just don't 200 00:10:07,679 --> 00:10:10,840 Speaker 2: get who approves all that junk. The other thing is 201 00:10:11,240 --> 00:10:14,840 Speaker 2: not not specific to BMW, but with all electric cars. 202 00:10:15,720 --> 00:10:18,800 Speaker 2: It makes me nervous watching the range tick down and 203 00:10:18,840 --> 00:10:20,800 Speaker 2: realizing that at some point I'm going to have to 204 00:10:20,880 --> 00:10:24,319 Speaker 2: fight some other adults for a position at a charger, 205 00:10:24,800 --> 00:10:27,440 Speaker 2: or find that all the chargers that I just got 206 00:10:27,440 --> 00:10:30,160 Speaker 2: to are broken. Or realized that charging it at my 207 00:10:30,200 --> 00:10:32,520 Speaker 2: house is going to take like thirteen hours, like you know, 208 00:10:32,760 --> 00:10:34,640 Speaker 2: just it's not a good experience for me yet. 209 00:10:34,679 --> 00:10:35,880 Speaker 1: Electric electric car. 210 00:10:36,840 --> 00:10:40,320 Speaker 3: The range thing for sure is real. I have to 211 00:10:40,679 --> 00:10:43,920 Speaker 3: I actually think it looks kind of cool. I don't 212 00:10:43,960 --> 00:10:46,040 Speaker 3: know what color you had when you drove it, but 213 00:10:46,200 --> 00:10:51,439 Speaker 3: I've got this sort of matt blacked out everything black. 214 00:10:51,520 --> 00:10:55,520 Speaker 2: It's brown, real what it's a very dark brown. Yeah, 215 00:10:55,559 --> 00:10:57,040 Speaker 2: I had the same color. I love it. 216 00:10:57,160 --> 00:11:01,319 Speaker 3: Yeah, see, I think that's so cool. Well, I actually think, 217 00:11:01,559 --> 00:11:03,920 Speaker 3: you know, Adrian von hoydnk is the is the current 218 00:11:03,960 --> 00:11:08,440 Speaker 3: design director, and he I do like I do like 219 00:11:08,640 --> 00:11:12,640 Speaker 3: his esthetic. I mean, I remember Chris Bangle was a 220 00:11:12,679 --> 00:11:15,880 Speaker 3: bit controversial back in the day. People he was polarizing 221 00:11:15,920 --> 00:11:18,800 Speaker 3: back in the day. And sometimes I think these things 222 00:11:18,840 --> 00:11:22,160 Speaker 3: tend to age better than when they're first presented on 223 00:11:22,200 --> 00:11:26,400 Speaker 3: the market. So the looks didn't bother me. My question 224 00:11:26,679 --> 00:11:29,200 Speaker 3: is what did you think about the sound? This sort 225 00:11:29,240 --> 00:11:32,800 Speaker 3: of fabricated electric were you know? 226 00:11:32,880 --> 00:11:35,920 Speaker 2: And so in other electric cars the sound has made 227 00:11:35,920 --> 00:11:36,880 Speaker 2: a big impression on me. 228 00:11:37,040 --> 00:11:38,200 Speaker 1: In the EQUS by. 229 00:11:38,160 --> 00:11:41,520 Speaker 2: Mercedes, I really liked the fake sound that they pump 230 00:11:41,600 --> 00:11:43,679 Speaker 2: into the cabin they've got to make it have some 231 00:11:43,760 --> 00:11:45,960 Speaker 2: kind of sound so that you know you're driving, and 232 00:11:46,000 --> 00:11:48,559 Speaker 2: so that other people know you're driving. I didn't notice 233 00:11:48,559 --> 00:11:52,079 Speaker 2: it in the BMW, just because I was so positively 234 00:11:52,840 --> 00:11:57,800 Speaker 2: impressed by the driving manners of this giant, hulking vehicle. 235 00:11:58,360 --> 00:12:00,000 Speaker 1: It was so much fun to drive. 236 00:12:00,280 --> 00:12:02,320 Speaker 2: Part of that is down to the electric drive train, 237 00:12:02,360 --> 00:12:05,960 Speaker 2: which is I think flawless. But another part of it 238 00:12:06,000 --> 00:12:09,800 Speaker 2: is that BMW focuses so much on the structure, on 239 00:12:09,840 --> 00:12:11,760 Speaker 2: the rigidity, on you. 240 00:12:11,640 --> 00:12:14,439 Speaker 1: Know, they what's their tag one, the ultimate driving machine. 241 00:12:14,679 --> 00:12:17,800 Speaker 2: It really is true, whether you're talking about the the 242 00:12:17,840 --> 00:12:20,679 Speaker 2: two series, which I love, or the seven series, which 243 00:12:20,760 --> 00:12:24,240 Speaker 2: I love. I also really like the way what do 244 00:12:24,320 --> 00:12:26,920 Speaker 2: you call the UX you know, the way you interact 245 00:12:27,280 --> 00:12:30,920 Speaker 2: with the car's infotainment system. I've loved it since day 246 00:12:31,000 --> 00:12:35,240 Speaker 2: one of the eye drive and I still love it. 247 00:12:35,280 --> 00:12:39,840 Speaker 2: And obviously the materials, the build quality, like it's all 248 00:12:39,880 --> 00:12:41,400 Speaker 2: a one in my opinion. 249 00:12:41,320 --> 00:12:44,319 Speaker 3: Yeah, yeah, I agree, I'd buy it. I wish this 250 00:12:44,480 --> 00:12:46,880 Speaker 3: daring was a little bit tighter. I think it feels 251 00:12:47,120 --> 00:12:49,199 Speaker 3: slightly numb, but then I go back to, well, this 252 00:12:49,280 --> 00:12:54,199 Speaker 3: is a huge executive sitan and honestly, if that means 253 00:12:54,240 --> 00:12:58,760 Speaker 3: that the backseat is just really smooth and totally cocoon 254 00:12:58,880 --> 00:13:01,199 Speaker 3: from the world. Then that's fine. I'm not going to 255 00:13:01,280 --> 00:13:02,120 Speaker 3: like quibble with that. 256 00:13:02,280 --> 00:13:05,080 Speaker 2: Really, So my house, so the reason that changed my 257 00:13:05,160 --> 00:13:09,560 Speaker 2: life is that we have, you know, a baby now 258 00:13:09,600 --> 00:13:12,200 Speaker 2: and a baby on the way, and so my life 259 00:13:12,280 --> 00:13:15,160 Speaker 2: is all about rear facing car seats. And we have 260 00:13:15,360 --> 00:13:18,439 Speaker 2: a Volvo XC ninety as the kind of family truckster 261 00:13:19,440 --> 00:13:23,600 Speaker 2: at my house. But the Mercedes, sorry, the BMW seven series, 262 00:13:23,679 --> 00:13:25,960 Speaker 2: I think is a Volvo XC ninety killer. And no 263 00:13:25,960 --> 00:13:28,199 Speaker 2: one else is cross shopping these cars, but I think 264 00:13:28,200 --> 00:13:32,160 Speaker 2: they should be because the stretch rear of an executive sedan. 265 00:13:32,360 --> 00:13:34,079 Speaker 2: And it's true about I'm sure the S class or 266 00:13:34,120 --> 00:13:37,760 Speaker 2: the S eight two is perfect for rear facing car seats. 267 00:13:38,000 --> 00:13:42,679 Speaker 2: There's never enough room in even the biggest SUVs, the 268 00:13:42,720 --> 00:13:46,680 Speaker 2: biggest European SUVs, for rear facing car seats without moving 269 00:13:46,679 --> 00:13:49,720 Speaker 2: the passenger seat forward or moving the driver's seat forward, 270 00:13:50,240 --> 00:13:52,079 Speaker 2: and so I think this is ideal. 271 00:13:52,280 --> 00:13:54,439 Speaker 1: Plus, you know, it's the top. 272 00:13:54,800 --> 00:13:58,400 Speaker 2: Of technology and luxury and everything that a car maker 273 00:13:58,520 --> 00:14:00,880 Speaker 2: can do. The BMW seven Series, same with the Mercedes 274 00:14:00,960 --> 00:14:03,840 Speaker 2: S Class, but they are so expensive to start I 275 00:14:03,840 --> 00:14:07,440 Speaker 2: think the the BMW M seven sixty, which is the 276 00:14:07,440 --> 00:14:10,200 Speaker 2: one I love, just they just stopped making it. 277 00:14:10,200 --> 00:14:10,960 Speaker 1: With the V twelve. 278 00:14:11,160 --> 00:14:14,360 Speaker 2: It was one sixty five to start, and I've seen 279 00:14:14,440 --> 00:14:16,839 Speaker 2: them two or three years old with twenty or thirty 280 00:14:16,880 --> 00:14:21,640 Speaker 2: thousand miles. They're clearly coming off lease for sixty five. Wow, 281 00:14:21,760 --> 00:14:24,680 Speaker 2: it's just massive depreciation. So now it puts it in 282 00:14:24,720 --> 00:14:28,200 Speaker 2: the range of an XC ninety plus. 283 00:14:28,240 --> 00:14:29,720 Speaker 1: I get it's a BMW. 284 00:14:30,040 --> 00:14:33,240 Speaker 2: It's so much more fun to drive, and in the 285 00:14:33,280 --> 00:14:35,520 Speaker 2: case of the M seven sixty, it's a V twelve 286 00:14:35,560 --> 00:14:37,560 Speaker 2: and it's the last one they're ever gonna make. So 287 00:14:37,960 --> 00:14:40,800 Speaker 2: my next car is gonna be I'm gonna say it 288 00:14:40,880 --> 00:14:44,120 Speaker 2: a BMW M seven sixty as soon as I convince 289 00:14:44,200 --> 00:14:47,600 Speaker 2: my wife that she doesn't need evolthough the BMW is 290 00:14:47,720 --> 00:14:51,040 Speaker 2: just as safe and even better if you have two kids. 291 00:14:51,400 --> 00:14:54,240 Speaker 3: I like, I really like that. I think you've convinced me. 292 00:14:54,320 --> 00:14:56,720 Speaker 3: I can totally see that, And I can also see 293 00:14:57,200 --> 00:15:01,000 Speaker 3: the partners sort of saying, well, it's not enough, and 294 00:15:01,240 --> 00:15:06,080 Speaker 3: you know it doesn't have the catch back loader. But 295 00:15:06,640 --> 00:15:08,280 Speaker 3: I can actually see it. I can kind of buy 296 00:15:08,320 --> 00:15:08,800 Speaker 3: what you're saying. 297 00:15:16,800 --> 00:15:19,880 Speaker 2: Let's go to topic number three, which is like Porsche 298 00:15:20,040 --> 00:15:22,760 Speaker 2: in general. Because I have a million questions for you 299 00:15:22,800 --> 00:15:25,600 Speaker 2: about Porsche, I will first say that I'm this week, 300 00:15:25,640 --> 00:15:29,720 Speaker 2: I'm driving the little Nissan Z and I'm actually driving 301 00:15:29,760 --> 00:15:34,040 Speaker 2: the supposedly pre production version of the Nismo edition for 302 00:15:34,160 --> 00:15:34,680 Speaker 2: next year. 303 00:15:35,080 --> 00:15:37,960 Speaker 1: It's an awesome car. I've driven the ZB four. 304 00:15:38,800 --> 00:15:42,480 Speaker 2: I love the total late seventies early eighties styling, but 305 00:15:43,120 --> 00:15:45,280 Speaker 2: I think it needs a stick in order to be fun. 306 00:15:45,320 --> 00:15:47,960 Speaker 2: There's no way I'm squeezing myself into something that tiny 307 00:15:48,000 --> 00:15:51,400 Speaker 2: unless I'm using a manual transmission. Also, I'm just too 308 00:15:51,400 --> 00:15:53,840 Speaker 2: big that they clearly made it for the Japanese market. 309 00:15:53,880 --> 00:15:56,880 Speaker 1: Americans just don't fit in them. How tall are you, Matt, 310 00:15:57,320 --> 00:15:58,160 Speaker 1: I'm six four. 311 00:15:58,320 --> 00:16:00,960 Speaker 2: And the reason I bring up the Nissan with the 312 00:16:00,960 --> 00:16:03,120 Speaker 2: Porsche's that I think it's a pretty clear competitor to 313 00:16:03,200 --> 00:16:07,760 Speaker 2: a Cayman or a Boxer right in that it's just 314 00:16:07,800 --> 00:16:12,760 Speaker 2: a very small, dedicated sports car. It's obviously much cheaper 315 00:16:12,800 --> 00:16:16,240 Speaker 2: and doesn't have the status of a Porsche. But if 316 00:16:16,280 --> 00:16:18,280 Speaker 2: you're in the market for one of these tiny little things, 317 00:16:18,280 --> 00:16:20,160 Speaker 2: I don't think it matters that it's front engine instead 318 00:16:20,160 --> 00:16:20,840 Speaker 2: of mid engine. 319 00:16:21,080 --> 00:16:22,840 Speaker 1: I would put it up against a Cayman any day. 320 00:16:23,720 --> 00:16:27,280 Speaker 3: Yeah, that's cool. Did they say what the Nismo Edition gets? You? Like? 321 00:16:27,560 --> 00:16:28,920 Speaker 3: Is what extra? Does that mean? 322 00:16:29,040 --> 00:16:32,160 Speaker 2: They probably do get just paint. I wasn't paying attention. No, 323 00:16:32,280 --> 00:16:35,720 Speaker 2: I think it's more than more than paint. But I 324 00:16:35,800 --> 00:16:39,640 Speaker 2: quickly passed it along to Barry Ritholtz, and because his wife, 325 00:16:39,720 --> 00:16:41,640 Speaker 2: I think, really wants to buy one, so I thought 326 00:16:41,800 --> 00:16:43,240 Speaker 2: might as well give him a chance in it. But 327 00:16:43,600 --> 00:16:46,840 Speaker 2: it's a competitor to the Cayman, although probably not a 328 00:16:46,840 --> 00:16:48,640 Speaker 2: lot of people will be cross shopping the two, they're 329 00:16:48,640 --> 00:16:53,080 Speaker 2: not in the same exact price range. In terms of Porscha. 330 00:16:53,160 --> 00:16:56,240 Speaker 2: I just have a million questions for you. So what 331 00:16:56,320 --> 00:16:58,640 Speaker 2: do you think about the Taikon? I mean, what do 332 00:16:58,640 --> 00:17:01,640 Speaker 2: you think about Porsche's uh drive into electric? 333 00:17:02,920 --> 00:17:07,320 Speaker 3: Well, I think the Porscha Tekon was the first electric 334 00:17:07,680 --> 00:17:12,040 Speaker 3: sedan that was really better than Tesla and was the 335 00:17:12,080 --> 00:17:17,439 Speaker 3: first one that really showed what a proper professional car 336 00:17:17,440 --> 00:17:21,479 Speaker 3: company with heritage and real German engineering can do when 337 00:17:21,560 --> 00:17:25,440 Speaker 3: they decide to go electric. Because before that we had 338 00:17:25,560 --> 00:17:30,960 Speaker 3: obviously some other electric vehicles out there, but if you 339 00:17:31,040 --> 00:17:35,440 Speaker 3: wanted a quote unquote luxury electric sedan, Tesla was the 340 00:17:35,480 --> 00:17:38,560 Speaker 3: only option. And so when Porsche finally brought up the 341 00:17:38,800 --> 00:17:42,600 Speaker 3: Taykon and I remember that debut it was like twenty eighteen, 342 00:17:42,760 --> 00:17:45,240 Speaker 3: I believe at Niagara Falls. It was a big deal. 343 00:17:46,600 --> 00:17:50,800 Speaker 3: It was like finally, finally, like the actual big guys 344 00:17:51,080 --> 00:17:54,000 Speaker 3: who've been doing this for seventy five years are going 345 00:17:54,080 --> 00:17:56,520 Speaker 3: to bring a competitor, so we're not stuck having to 346 00:17:57,080 --> 00:18:01,600 Speaker 3: satisfy our craving for evs with Tesla, which is not 347 00:18:02,320 --> 00:18:03,520 Speaker 3: a luxury experience. 348 00:18:03,840 --> 00:18:05,120 Speaker 1: Yeah, no, it's very spartan. 349 00:18:06,000 --> 00:18:09,879 Speaker 2: I don't know if Portia has cracked the the range nut, 350 00:18:09,920 --> 00:18:11,639 Speaker 2: because it seems like that's one of the things that 351 00:18:11,680 --> 00:18:15,040 Speaker 2: Elon Musk has really been able to do. But yeah, 352 00:18:15,080 --> 00:18:16,800 Speaker 2: I went to the I went to the launch on 353 00:18:16,840 --> 00:18:19,439 Speaker 2: the Polish border is where they had it in Germany. 354 00:18:19,440 --> 00:18:22,600 Speaker 2: I rode my multi Strata out there and I was impressed. 355 00:18:22,720 --> 00:18:26,919 Speaker 2: But Walter Rural, who was the you know, the famous 356 00:18:27,040 --> 00:18:30,199 Speaker 2: Elly driver, he was testing it, apparently for Portia, and 357 00:18:30,240 --> 00:18:32,919 Speaker 2: he made a comment some something along the lines of 358 00:18:33,359 --> 00:18:36,639 Speaker 2: it's the greatest car I've ever driven in terms of power, 359 00:18:36,680 --> 00:18:39,520 Speaker 2: delivery and handling, but I would never buy one, which 360 00:18:39,520 --> 00:18:42,560 Speaker 2: I thought it totally sums up the way I feel 361 00:18:42,560 --> 00:18:43,440 Speaker 2: about it as well. 362 00:18:44,200 --> 00:18:47,879 Speaker 3: That's fine, and honestly, I'd expect nothing less from this 363 00:18:48,040 --> 00:18:53,399 Speaker 3: old guard of driver, of racing champion, especially someone who 364 00:18:53,760 --> 00:18:58,480 Speaker 3: made their entire career on you know, a certain engine. 365 00:18:58,600 --> 00:19:01,920 Speaker 3: I I would expect nothing less from him. It's definitely 366 00:19:01,960 --> 00:19:06,239 Speaker 3: a different proposition, but I know that the market wants it, 367 00:19:06,320 --> 00:19:09,399 Speaker 3: you know. I noticed in Q three earnings sales of 368 00:19:09,400 --> 00:19:11,400 Speaker 3: the Taie Hun are up more than fifty percent year 369 00:19:11,440 --> 00:19:13,800 Speaker 3: over year, and so I think as long as as 370 00:19:13,880 --> 00:19:16,080 Speaker 3: many as Porschia can make, they will probably be able 371 00:19:16,119 --> 00:19:16,440 Speaker 3: to sell. 372 00:19:16,640 --> 00:19:18,320 Speaker 1: Now I want to ask about some of the special 373 00:19:18,440 --> 00:19:21,720 Speaker 1: editions because when they came out. 374 00:19:21,560 --> 00:19:24,199 Speaker 2: With the nine to eleven are I was like, I 375 00:19:24,240 --> 00:19:25,800 Speaker 2: felt like I was at the front of the line, 376 00:19:25,920 --> 00:19:27,240 Speaker 2: or at least one of the first people to know 377 00:19:27,320 --> 00:19:30,080 Speaker 2: about it. And when I tried to buy all, they said, no, 378 00:19:30,280 --> 00:19:33,480 Speaker 2: it's already been sold out. Now they have another real 379 00:19:33,680 --> 00:19:37,120 Speaker 2: purest nine to eleven in the st, which is exactly 380 00:19:37,160 --> 00:19:37,760 Speaker 2: what I want. 381 00:19:37,840 --> 00:19:38,960 Speaker 1: You know, I don't want. 382 00:19:38,800 --> 00:19:44,280 Speaker 2: Any of the crazy technological enhancements. I just want a big, 383 00:19:44,400 --> 00:19:49,239 Speaker 2: naturally aspirated flat six in the back and you know, 384 00:19:49,320 --> 00:19:51,879 Speaker 2: a nine to eleven that can steer. Why do they 385 00:19:52,000 --> 00:19:55,520 Speaker 2: charge so much and make so few of these perfect 386 00:19:55,600 --> 00:19:58,280 Speaker 2: vehicles and then only offer us the vehicles that we 387 00:19:58,320 --> 00:19:59,639 Speaker 2: know aren't nearly as good. 388 00:20:01,440 --> 00:20:06,200 Speaker 3: The short answer is because they can. And I have 389 00:20:06,280 --> 00:20:09,919 Speaker 3: to say, I love your impulse to go for the 390 00:20:10,000 --> 00:20:14,040 Speaker 3: nine to eleven R, because, as opposed to the ST, 391 00:20:14,240 --> 00:20:16,720 Speaker 3: which I'll get to in a second, the R has 392 00:20:16,760 --> 00:20:20,919 Speaker 3: a specific vehicle from nineteen sixty seven that it's taken 393 00:20:20,960 --> 00:20:23,960 Speaker 3: off of. If you remember, the sixty seven nine to 394 00:20:24,000 --> 00:20:27,480 Speaker 3: eleven R was a actual race car. They made fewer 395 00:20:27,520 --> 00:20:31,280 Speaker 3: than twenty five of them. It was an actual real car, 396 00:20:31,920 --> 00:20:34,680 Speaker 3: never available to the public, but it actually was an 397 00:20:34,720 --> 00:20:40,720 Speaker 3: actual racing car. Now, the STS from the seventies were 398 00:20:40,760 --> 00:20:44,960 Speaker 3: not actually a real car. You could sort of buy 399 00:20:45,280 --> 00:20:49,399 Speaker 3: a nine to eleven and spec it to ST specs. 400 00:20:50,000 --> 00:20:51,760 Speaker 3: It's a combination of the nine to eleven S and 401 00:20:51,800 --> 00:20:54,240 Speaker 3: the nine to eleven T, but there was no actual 402 00:20:54,359 --> 00:20:57,000 Speaker 3: portion nine to eleven ST sold. You had to kind 403 00:20:57,040 --> 00:20:59,960 Speaker 3: of spec it yourself from the factory. So the fact 404 00:21:00,119 --> 00:21:05,040 Speaker 3: that Porsche is now offering almost three hundred thousand dollars 405 00:21:05,560 --> 00:21:11,680 Speaker 3: nine to eleven ST with a very unfortunate optional heritage 406 00:21:11,760 --> 00:21:16,639 Speaker 3: livery on it just seems a bit like a cash grab. 407 00:21:17,160 --> 00:21:19,600 Speaker 3: The new nine to eleven R I could kind of see. 408 00:21:19,840 --> 00:21:22,160 Speaker 3: They made nine hundred and ninety one of them because 409 00:21:22,160 --> 00:21:24,119 Speaker 3: it was built on a nine to nine to one chassis, 410 00:21:24,119 --> 00:21:27,000 Speaker 3: so that's, you know, sort of creative. But those I 411 00:21:27,080 --> 00:21:30,080 Speaker 3: just checked on bring a trailer this morning. One sold 412 00:21:30,080 --> 00:21:33,359 Speaker 3: in June for almost four hundred thousand dollars and that's used. 413 00:21:34,000 --> 00:21:37,360 Speaker 3: So the nine to eleven RS, I can actually see 414 00:21:37,840 --> 00:21:41,399 Speaker 3: the reason. But the st to me, feels like a 415 00:21:41,440 --> 00:21:44,480 Speaker 3: straight up cash grap and they've got the same engine 416 00:21:44,480 --> 00:21:47,479 Speaker 3: in that that they have in the GT three RS, 417 00:21:47,720 --> 00:21:51,159 Speaker 3: so it's like, spend less money, get an actual proper 418 00:21:51,240 --> 00:21:53,359 Speaker 3: GT three. That's my rant. 419 00:21:53,520 --> 00:21:55,159 Speaker 2: I think I would go for the tea at this 420 00:21:55,200 --> 00:21:56,520 Speaker 2: point because I'm getting old enough. 421 00:21:56,640 --> 00:21:59,000 Speaker 3: Yes, the Caarer tee is a nine to eleven is 422 00:21:59,000 --> 00:22:02,840 Speaker 3: a thinking man's nine eleven because you get everything you 423 00:22:02,920 --> 00:22:06,680 Speaker 3: need nothing you don't. Also, it's way more livable. Let's 424 00:22:06,720 --> 00:22:09,960 Speaker 3: not forget to use stands for touring. It's way more livable. 425 00:22:10,240 --> 00:22:13,080 Speaker 3: It's honestly like the smart adult choice. 426 00:22:13,240 --> 00:22:15,160 Speaker 1: It's a better compliment that I've been given in years. 427 00:22:15,160 --> 00:22:18,080 Speaker 1: But I appreciate the compliment. 428 00:22:18,320 --> 00:22:20,400 Speaker 2: We have the same choice in nine to eleven New 429 00:22:20,480 --> 00:22:21,800 Speaker 2: nine to elevens. 430 00:22:22,240 --> 00:22:24,720 Speaker 1: That does it for the podcast this week. 431 00:22:25,080 --> 00:22:27,240 Speaker 2: I want listeners to know you can tune into my 432 00:22:27,359 --> 00:22:31,800 Speaker 2: radio show every weekday from ten am to one pm. 433 00:22:31,840 --> 00:22:33,840 Speaker 2: You can watch me on Bloomberg TV from one pm 434 00:22:33,880 --> 00:22:37,600 Speaker 2: to two pm most weekdays as well, and I'm on 435 00:22:37,680 --> 00:22:40,000 Speaker 2: Instagram at Matt Miller nineteen seventy three. 436 00:22:40,480 --> 00:22:42,400 Speaker 1: I'm on Twitter on the same handle, but I don't 437 00:22:42,400 --> 00:22:43,200 Speaker 1: really tweet that much. 438 00:22:43,480 --> 00:22:45,200 Speaker 3: And if you want to find me, you can find 439 00:22:45,200 --> 00:22:48,640 Speaker 3: me on Bloomberg dot com under Bloomberg Pursuits. That's where 440 00:22:48,680 --> 00:22:51,199 Speaker 3: all of my car coverage lives. You can find me 441 00:22:51,280 --> 00:22:55,480 Speaker 3: on Instagram at Hannah Elliott XO. That's Hannah Elliott with 442 00:22:55,600 --> 00:22:58,679 Speaker 3: two l's, two t's, two h's QE of everything. And 443 00:22:58,720 --> 00:23:01,399 Speaker 3: you can also find me on on Twitter splash x, 444 00:23:01,440 --> 00:23:03,920 Speaker 3: although I'm not on there very much these days either. 445 00:23:04,280 --> 00:23:07,400 Speaker 2: All right, catch Hot Pursuit again next week, same time, 446 00:23:07,480 --> 00:23:08,080 Speaker 2: same place. 447 00:23:08,119 --> 00:23:11,160 Speaker 3: I'm Matt Miller, I'm Hannah Elliott, and this is Bloomberg