Latest / Earn Your Leisure / Study Hall: Tesla Stock Concerns
Transcript
- 0:03Speaker 1: Wait till I give my money.
- 0:06Speaker 2: Attention Attention.
- 0:07Speaker 3: Invest Fest twenty twenty four is coming back to Atlanta
- 0:11Speaker 3: and we ad earn your leisure are doing a crazy promotion.
- 0:14Speaker 3: For every item you purchase on investfestyl dot com will
- 0:17Speaker 3: submit your name in a raffle to win an all
- 0:20Speaker 3: inclusive experience to invest Fest twenty twenty four. You're automatically
- 0:24Speaker 3: entered into the raffle to win this all inclusive experience.
- 0:27Speaker 3: Here's what you'll win. Round trip airfare to Atlanta Fort
- 0:30Speaker 3: SIU from Friday to Monday, or a one thousand dollars
- 0:33Speaker 3: transportation and food stipend, one hotel room for three nights
- 0:37Speaker 3: from Friday to Monday, two VIP tickets to invest Fest,
- 0:41Speaker 3: two night life wristbands to all invest Fest Entertainment Network events,
- 0:45Speaker 3: and black car service to and from Atlanta Airport. This
- 0:49Speaker 3: offer runs until the end of June's get your merchant
- 0:51Speaker 3: investfskyl dot com and have a chance to win the
- 0:54Speaker 3: grand Prime. See you at invest Fest twenty twenty four.
- 1:00Speaker 1: So the Don Limon situation, how do you like? How
- 1:02Speaker 1: do you because Eli, He's pretty much told him like,
- 1:04Speaker 1: I don't I don't need to.
- 1:05Speaker 2: Did you watch it? To do this with you.
- 1:08Speaker 4: I watched it. Yeah, I'm gonna be honest. I like
- 1:12Speaker 4: what eli gets. I like anybody who speaks that freely,
- 1:15Speaker 4: and it is not politically correct. Shot to Alex cart
- 1:18Speaker 4: and all the short sellers on cocaine, right, But it's
- 1:25Speaker 4: true he didn't need to sit down and do the interview.
- 1:27Speaker 4: But Elon looks stressed for and we all as business
- 1:30Speaker 4: owners and CEOs, like we know when things are a
- 1:33Speaker 4: little bit tougher in the business, and you're like, I
- 1:35Speaker 4: gotta do this damn interview and I got to call
- 1:38Speaker 4: these people about even getting my money delivered. Like who
- 1:40Speaker 4: knows what crisis he's going through. But it was the
- 1:43Speaker 4: first time that he was not calm Normally, he's very
- 1:47Speaker 4: gracious in the interview. I can tell he's bothered about
- 1:50Speaker 4: some things that's going on politically. I mean, he has
- 1:52Speaker 4: the fight with open Ai, trying to keep Tesla flow
- 1:56Speaker 4: SpaceX neuralink. It's a lot going on, and he's starting
- 2:01Speaker 4: to be vilified a lot more Like he openly admitted
- 2:04Speaker 4: to using ketaminea Bloomberg. We never had a CEO say.
- 2:08Speaker 5: This, what did you You kind of alluded to it
- 2:12Speaker 5: earlier and when I watched parts of it I haven't
- 2:15Speaker 5: watched in this entirety. The temperament was was the first
- 2:17Speaker 5: thing I looked at. Yeah, question from Don Lemon was
- 2:20Speaker 5: just like okay, even when he was trying to pride
- 2:22Speaker 5: the from a political angle, you met with Trump, what
- 2:25Speaker 5: did you say to him?
- 2:25Speaker 2: Did he ask you somebody supporting him?
- 2:27Speaker 5: And it was just kind of like, okay, you could
- 2:29Speaker 5: kind of see he's preaking out him, pricking at him.
- 2:31Speaker 2: What did you see that made you think there's some
- 2:34Speaker 2: cracks in business?
- 2:39Speaker 4: If they had opened up a new plant, let's say
- 2:41Speaker 4: in Shanghai and the money got wired from CCP, I
- 2:45Speaker 4: think he would have been a lot more joyous in
- 2:47Speaker 4: an interview. There's certain tales like when I'm watching and
- 2:50Speaker 4: I'm looking for the performative part and body language first
- 2:54Speaker 4: and then content second. Right, I can tell he was
- 2:57Speaker 4: bothered by some things that had more to do with
- 2:59Speaker 4: the question. Don can be abrasive at times. I get that,
- 3:03Speaker 4: but it felt like he was jarred. Like same thing
- 3:07Speaker 4: like when a player misses fifteen shots, he's a little
- 3:11Speaker 4: bit more aggy than if you hit the Kyrie game
- 3:13Speaker 4: winner with the left hand over Yoki right you're happy
- 3:15Speaker 4: to do the interview. You can tell a series of
- 3:18Speaker 4: events is not going well. I mean, the acquisition of
- 3:21Speaker 4: Twitter stock has falling apart on Tesla heads, funds are
- 3:25Speaker 4: falling out of love with him. So now he's going
- 3:27Speaker 4: into his villain arc. I've dealt with that. I'm like, damn,
- 3:30Speaker 4: I don't see the villain part coming, and now he's
- 3:33Speaker 4: kind of leaning into it. But that's usually happens when
- 3:35Speaker 4: things are not going as well. Like Michael Jordan's eyes
- 3:37Speaker 4: were yellow as hell when the Hornets were losing.
- 3:41Speaker 2: Mike looks happy as hell now, but he sold it
- 3:44Speaker 2: out of that position.
- 3:46Speaker 4: So I just see that he isn't as calm as
- 3:49Speaker 4: he used to be, or even as even in some
- 3:52Speaker 4: of the interviews where he was a little bit more punchy,
- 3:54Speaker 4: there was still some intellectual equips in there where you
- 3:56Speaker 4: got some advice that was like life changing.
- 3:59Speaker 2: It wasn't. It wasn't.
- 4:00Speaker 5: There were die a lot more pressures on him today.
- 4:03Speaker 5: So don was going to be that was going to
- 4:04Speaker 5: be for X the platform from the video standpoint. Obviously
- 4:08Speaker 5: he had the situation with CNN and he was fired
- 4:10Speaker 5: from there, was going to be at AX This interview
- 4:13Speaker 5: doesn't work out, but it was interesting. He went back
- 4:15Speaker 5: when they and everything had hit the fan and the
- 4:18Speaker 5: news broke out. He was back on CNN talking about it,
- 4:22Speaker 5: well place seeing it. They need to views. But Elon
- 4:25Speaker 5: did the math Hafa and said you're a fired to
- 4:30Speaker 5: be your last one? Did they say higher slow and
- 4:34Speaker 5: fire fast? Math got the fire fast part down.
- 4:37Speaker 2: Come on.
- 4:38Speaker 1: It's also a thing of I mean, when you don't
- 4:41Speaker 1: have ownership you got, you got no choice but to
- 4:43Speaker 1: go back to.
- 4:45Speaker 2: To the the work.
- 4:46Speaker 1: You feel a worker, You're a worker in life. So
- 4:49Speaker 1: when don Lemon shout out to Dawn, but I don't,
- 4:52Speaker 1: I don't necessarily know if he wants to have a
- 4:54Speaker 1: platform and go back to CNN. But where else is
- 4:56Speaker 1: he going to go?
- 5:00Speaker 4: Yeah, and I've learned too, like through watching you guys.
- 5:03Speaker 4: I had a conversation with Terray. He's like, even if
- 5:06Speaker 4: you do want the spicy, take lead with loving questions
- 5:09Speaker 4: and easy questions first there maybe after the fifth one
- 5:12Speaker 4: leaning into I can't come out Mike novagrats, do you
- 5:15Speaker 4: think that your position and I don't even know you
- 5:18Speaker 4: all do this interview like you have to know where
- 5:20Speaker 4: you are in a hierarchy, richest man, or you don't
- 5:23Speaker 4: have to answer anything.
- 5:24Speaker 2: I get it.
- 5:25Speaker 4: But from an interview and content perspective, I think he
- 5:27Speaker 4: could have asked some better questions, especially with neuralink, that
- 5:31Speaker 4: probably would have led him to answer the Trump question later.
- 5:35Speaker 4: But you know, it'll be fine. I'm concerned about Tesla stock,
- 5:41Speaker 4: though I early am.
- 5:43Speaker 2: How concerned.
- 5:48Speaker 4: I really think in terms of performance of car, I
- 5:53Speaker 4: think that car BYD is way better in terms of
- 5:57Speaker 4: the stock. If it gets down to one eighty thirteen,
- 6:00Speaker 4: that would be a great place to buy. But if
- 6:03Speaker 4: it breaks to the one forties, one thirties, and probably
- 6:08Speaker 4: the first time since I've been looking at TESSAs that
- 6:11Speaker 4: I will say that it's.
- 6:12Speaker 2: Not to buy.
- 6:13Speaker 5: So let's let's talk BYD. Because the news came out
- 6:17Speaker 5: that they would pass Tesla and sales in China. You
- 6:20Speaker 5: said it's a better car, not better company though, right.
- 6:23Speaker 4: Just so we're clearly are you saying no, No, I'm
- 6:26Speaker 4: saying better car for rock now for the year, You're
- 6:29Speaker 4: not gonna get me.
- 6:32Speaker 5: I just want to make sure because obviously the EV
- 6:34Speaker 5: market Tesla dominates, China is a big market that they
- 6:38Speaker 5: want to obviously expand in. But there's other things that
- 6:41Speaker 5: come with Tesla outside just the vehicles themselves.
- 6:44Speaker 2: I mean, even with that.
- 6:45Speaker 4: But if we're gonna be honest, should Tesla have won
- 6:47Speaker 4: from twenty three bucks to four hundred and fourteen bucks
- 6:50Speaker 4: and a year and a half.
- 6:52Speaker 2: We couldn't explain it then and then it split twice?
- 6:56Speaker 2: Come on, like there's some engineering going on. I'll say
- 6:59Speaker 2: that shot. Do you want to run pistol one for
- 7:01Speaker 2: a flat? What you want to do? It's like, come on,
- 7:05Speaker 2: like I get it. And the allure of.
- 7:07Speaker 4: Elon, he's a multiplier in himself. But looking at the
- 7:12Speaker 4: stats earlier, they've been in a drawdown. Stock's been dropping
- 7:15Speaker 4: for eight hundred and eleven days if you look. And
- 7:18Speaker 4: then back to the used car thing. If you bought
- 7:21Speaker 4: a car from Tassela that was sixty four thousand two
- 7:24Speaker 4: years ago, it is now worth thirty two thousand. Soon,
- 7:28Speaker 4: ho gonna be like we drive testas we give them
- 7:30Speaker 4: the baby mamas.
- 7:32Speaker 5: To savage over on the road, sabage trucks hit the road.
- 7:36Speaker 5: Superchargers are popping up. I know Rivian is now able
- 7:39Speaker 5: to use the superchargers. I know Ford was already signed
- 7:42Speaker 5: up this is a market that they can actually see
- 7:44Speaker 5: revenue in obviously as they try to figure out the
- 7:46Speaker 5: pricing scale for some of their evs.
- 7:49Speaker 2: So it is all bad for Tesla.
- 7:54Speaker 4: I would ask, what three bright spots do you see?
- 7:57Speaker 4: I think they delivered the truck too late. The truck
- 7:59Speaker 4: looks fire saw one yesterday. Amazing, right, But you can't
- 8:03Speaker 4: be a luxury discount brand.
- 8:06Speaker 2: I know.
- 8:06Speaker 4: I get shipped for it all the time in terms
- 8:08Speaker 4: of my pricing. The thing that they won't mention net margin.
- 8:12Speaker 4: Everyone who is competing against me selling nine dollars a
- 8:14Speaker 4: month and instill in my picks, They're gone back working
- 8:16Speaker 4: at RBS. I would love a Mocha shape, my boy. Okay,
- 8:22Speaker 4: but like you have to pick a very clear delineation.
- 8:25Speaker 2: Are you going to be luxury? Are you going to innovate?
- 8:28Speaker 4: But it's really hard, Like I'm being honest, it's stressful
- 8:32Speaker 4: for me to work on a presentation and present at
- 8:35Speaker 4: invest Fest, let alone if I had to run it
- 8:37Speaker 4: and stock club and a car company and a neuralink
- 8:40Speaker 4: company that can make Caesar from King of the Chimps talk.
- 8:44Speaker 2: He got a lot of shit on this plate, yo,
- 8:46Speaker 2: Like I commend him for it.
- 8:49Speaker 4: And the thing that's not saying with lebron Elon is
- 8:53Speaker 4: too important to the American economy to lose.
- 8:57Speaker 2: GM smacked Ford.
- 8:59Speaker 4: Smacked, Like our automotive industry in shambles, Boeing in shambles.
- 9:05Speaker 4: And if it wasn't for those government contracts that they
- 9:07Speaker 4: end up getting every year, they would be in free
- 9:10Speaker 4: fall right now, United shambos spirit gota right.
- 9:17Speaker 2: We have whole sectors like even.
- 9:19Speaker 4: Like look at this from investment standpoint, what's happened to
- 9:22Speaker 4: biotech the last two years? Space is almost uninvestable, slow motion,
- 9:28Speaker 4: it's tough, like media floundering. And that's the crazy because
- 9:33Speaker 4: even with that, like we should be the new faces
- 9:37Speaker 4: of media, but there's politicking and positioning around that to
- 9:41Speaker 4: put that glass cyling that we got to break through.
- 9:44Speaker 4: It's like, bro, like come on, shout to Constanat, Shout
- 9:47Speaker 4: to the creators of the cooking. But it's like, why
- 9:50Speaker 4: doesn't Constannat have a show on NBC? Why don't we
- 9:52Speaker 4: have a show on CBS or like what like going
- 9:56Speaker 4: back to CNN when I found like y'are getting Skip bayless?
- 10:00Speaker 2: Oh talk about Fumble of the decade. Whoa whoa.
- 10:04Speaker 4: You fifty thousand views of the show Wrap it Up,
- 10:07Speaker 4: my Boys, split it through South though, go ahead, lay down,
- 10:10Speaker 4: say three hell marriage and call it a day.
- 10:12Speaker 2: Yeah, n decline and viewership.
- 10:15Speaker 4: We need dramatic innovation, but we need newer faces and
- 10:19Speaker 4: newer ideas to come in and want to innovate. True,
- 10:25Speaker 4: get your ticket to invest us. I'm hoping it's in Houston.
- 10:30Speaker 4: I really yeah, Oh my god.
- 10:32Speaker 2: I go to the building every day.
- 10:33Speaker 4: Yup, stage, looking good, sound good, Got you and we
- 10:39Speaker 4: canadi you what up?
- 10:40Speaker 1: We got some We got some different because you know
- 10:42Speaker 1: that the story of investments I don't think has even
- 10:43Speaker 1: really never been properly told us. How many vendors actually won,
- 10:47Speaker 1: how many people actually change their life just from being
- 10:49Speaker 1: in the building. You know, it's always about the celebrities,
- 10:51Speaker 1: and that's important, but there's so much stuff. So we
- 10:54Speaker 1: got a lot of things this year that it's focused
- 10:58Speaker 1: on impact as far as uh monetary wise, yeah, or
- 11:02Speaker 1: the average person, but also just you know, creative experiences.
- 11:06Speaker 1: You always got to state, you got to constantly reinvent yourself.
- 11:09Speaker 2: You can't enervate. Yeah, for your absolutence, it's import.
- 11:13Speaker 6: An illegal alien from Guatemala charged with raping a child
- 11:16Speaker 6: in Massachusetts. An MS thirteen gang member from Al Salvador
- 11:20Speaker 6: accused of murdering a Texas man of Venezuelan charged with
- 11:25Speaker 6: filming and selling child pornography in Michigan. These are just
- 11:29Speaker 6: some of the heinous migrant criminals caught because of President
- 11:32Speaker 6: Donald J. Trump's leadership. I'm Christy Noman, the United States
- 11:36Speaker 6: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 11:41Speaker 6: crossings are at the lowest levels ever recorded, and over
- 11:44Speaker 6: one hundred thousand illegal aliens have been arrested. If you
- 11:48Speaker 6: are here illegally, your next you will be fine nearly
- 11:52Speaker 6: one thousand dollars a day, imprisoned and deported, you will
- 11:56Speaker 6: never return. But if you register using our CBP home
- 11:59Speaker 6: app and leave now, you could be allowed to return legally.
- 12:03Speaker 6: Do what's right. Leave now. Under President Trump, America's laws,
- 12:08Speaker 6: border and families will be protected.
- 12:11Speaker 2: Sponsored by the United States Department of Homeland Security,