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Cliff Notes: Will Tesla's Stock Plummet to $50 per Share? · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J.
• 0:20
  Speaker 2: Trump's leadership.
• 0:21
  Speaker 1: I'm Christy nom the United States Secretary of Homeland Security.
• 0:25
  Speaker 1: Under President Trump, attempted illegal border crossings are at the
• 0:29
  Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal
• 0:33
  Speaker 1: aliens have been arrested. If you are here illegally, your
• 0:37
  Speaker 1: next you will be fined nearly one thousand dollars a day, imprisoned,
• 0:41
  Speaker 1: and deported.
• 0:42
  Speaker 2: You will never return.
• 0:44
  Speaker 1: But if you register using our CBP home app and
• 0:47
  Speaker 1: leave now, you could be allowed to return legally.
• 0:50
  Speaker 2: Do what's right. Leave now.
• 0:53
  Speaker 1: Under President Trump, America's laws, border and families will be protected.
• 0:57
  Speaker 3: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 4: Let's talk about Tesla, So let's do it. Yeah, so
• 1:03
  Speaker 4: he's obviously extremely bullish, but everybody's not bullish on Tesla.
• 1:07
  Speaker 4: Famed analyst is expecting a steep decline in Tesla stock.
• 1:11
  Speaker 4: According to his estimate, Tesla stock could potentially go down
• 1:16
  Speaker 4: to fifty dollars per share. So wow, that's interesting. So
• 1:22
  Speaker 4: let's let's have a whole, full fledged conversation about Tesla,
• 1:26
  Speaker 4: shall we.
• 1:27
  Speaker 5: Yes, Marlon, I appreciate you.
• 1:30
  Speaker 6: Tesla is one of our favorite companies and one of
• 1:32
  Speaker 6: the reasons I don't talk about it is like one
• 1:34
  Speaker 6: of our our star picks in stock Club, but I
• 1:37
  Speaker 6: do love it. The strength is it is a combination
• 1:40
  Speaker 6: of tech and energy combined to one that uses the
• 1:45
  Speaker 6: veneer of automotive to innovate.
• 1:48
  Speaker 5: I do love the company. I talked about this in Toronto.
• 1:51
  Speaker 6: The only major concern if I'm looking at the splatter
• 1:54
  Speaker 6: analysis of Tesla is the weaknesses are lack of Elon's focus.
• 1:59
  Speaker 5: I think that acquisition of Twitter wasn't the best it was.
• 2:02
  Speaker 6: Bought it for forty four billion, but it's probably worth
• 2:06
  Speaker 6: twenty four to fourteen billion. He has as many kids
• 2:11
  Speaker 6: as Nick Canada, so it's extracurricular activity is a pretty
• 2:14
  Speaker 6: dead UI. But I need the company to focus more.
• 2:17
  Speaker 6: Like if I look at the metrics of the business,
• 2:19
  Speaker 6: the profit margin is fifteen percent, gross margin is twenty
• 2:23
  Speaker 6: five point six percent. Return on equity is twenty one percent.
• 2:26
  Speaker 6: For all the fanfare that they have and all the
• 2:28
  Speaker 6: brand equity that they have, their margins are not big enough.
• 2:32
  Speaker 6: Like if you look at in Video, which we talk
• 2:34
  Speaker 6: about later, gross margins are fifty seven percent, and that
• 2:38
  Speaker 6: new trip came out, it was about to put some
• 2:39
  Speaker 6: pressure on the market. But I think in the EV
• 2:42
  Speaker 6: space they are hands down the leader Daniel had asked me,
• 2:46
  Speaker 6: is there anybody else that I would invest in the
• 2:48
  Speaker 6: EV space? And hands down, I think the only player
• 2:52
  Speaker 6: in EV is Tesla. So great company, market cap, amazing,
• 2:57
  Speaker 6: revenue ninety five billion, The site truck looks amazing. I
• 3:01
  Speaker 6: like what they're doing there. They're finally going to roll
• 3:03
  Speaker 6: it out and they also have put in a place
• 3:06
  Speaker 6: of policy where you cannot immediately sell it withinside of
• 3:08
  Speaker 6: a year, so there's some sustainability in that model. I
• 3:12
  Speaker 6: like what they're doing, Like I have a one year
• 3:15
  Speaker 6: target for them at like four hundred and ten bucks.
• 3:17
  Speaker 6: I don't think it will go down to fifty bucks,
• 3:19
  Speaker 6: Like that's too far. I can see it going down
• 3:21
  Speaker 6: to eighty four. Worst case scenario seventy nine dollars and
• 3:25
  Speaker 6: twenty three cent but to go to fifty impossible, like
• 3:29
  Speaker 6: almost if it does. I would easily park six figures
• 3:33
  Speaker 6: there if it went down to fifty. But it's less
• 3:35
  Speaker 6: than a one percent chance it will ever go that low.
• 3:38
  Speaker 6: But the company needs to focus, needs better leadership, needs
• 3:42
  Speaker 6: to roll out products a lot faster, and they have
• 3:44
  Speaker 6: to work on those profit margins. I kept saying last
• 3:47
  Speaker 6: year and earlier this year, you cannot be a luxury
• 3:50
  Speaker 6: company and then drop price to scale does not matter.
• 3:54
  Speaker 6: We work tried to do the same thing and they collapsed.
• 3:59
  Speaker 6: And with inflation going up, I think Toyota has a
• 4:02
  Speaker 6: car that's coming out. It's like one hundred and ten
• 4:03
  Speaker 6: grand an suv that looks like the Rose Royce. Yeah,
• 4:07
  Speaker 6: everyone is going to have to move into a higher
• 4:09
  Speaker 6: price market and higher price services a model to be
• 4:13
  Speaker 6: able to sustain. Like if interest rates are going to
• 4:16
  Speaker 6: continue to be this high, you can't sell base some
• 4:19
  Speaker 6: price because not only are you going to lose market
• 4:21
  Speaker 6: share it's the worst way to compete in business, but
• 4:24
  Speaker 6: also too, you won't be able to have any money
• 4:27
  Speaker 6: to redevelop or invest into the business to make the
• 4:30
  Speaker 6: business and products better.
• 4:31
  Speaker 5: So I hope they.
• 4:32
  Speaker 6: Find their way the stock has came down a lot
• 4:34
  Speaker 6: over the last year and a half.
• 4:37
  Speaker 5: With fifty bucks, is damn the impossible for them to
• 4:39
  Speaker 5: go to.
• 4:39
  Speaker 7: Yeah, fifty is pretty pretty drastic, But I mean you
• 4:42
  Speaker 7: made a lot of good points for a barecase, right,
• 4:46
  Speaker 7: Like when we talk about interest rates getting longer over
• 4:51
  Speaker 7: a time period, that affects the car sales, but even
• 4:54
  Speaker 7: interest I looked it up, man, The consumer interest has
• 4:57
  Speaker 7: declined for the past six straight quarters.
• 5:00
  Speaker 5: They were once the number one ranked shop luxury brand.
• 5:04
  Speaker 7: They have fallen back, particularly the model ass has fallen
• 5:06
  Speaker 7: back ten percent, and shopping consideration, which is something that
• 5:10
  Speaker 7: you have to take into to considertion when you're thinking
• 5:12
  Speaker 7: about what product that you're putting out.
• 5:14
  Speaker 5: They've also had production decline, right.
• 5:17
  Speaker 7: We saw over the past quarter, and we talked about
• 5:20
  Speaker 7: that pretty extensively about when you're pricing and tried to
• 5:23
  Speaker 7: get more vehicles bought. But they've spent a lot of
• 5:26
  Speaker 7: time on this cyber truck, and the cyber truck isn't here.
• 5:29
  Speaker 7: In fact, did you talk about you can't buy They
• 5:32
  Speaker 7: actually put a new rule in with the cyber truck
• 5:34
  Speaker 7: that there's a fine if you try to sell it
• 5:37
  Speaker 7: a year after purchase, so that that's unprecedented. Right like
• 5:40
  Speaker 7: after you buy it, if you try to sell it
• 5:43
  Speaker 7: within twelve months, there is a fifty thousand dollars fine
• 5:45
  Speaker 7: for selling it, which is interesting, smart, pretty smart, but competition.
• 5:53
  Speaker 7: I know that by far the leader in the EV space,
• 5:57
  Speaker 7: definitely here in America, but the base that they have
• 6:00
  Speaker 7: are fine, and to have greater margin, it's China, and
• 6:03
  Speaker 7: evs are being built and companies that are being created
• 6:07
  Speaker 7: and flourishing.
• 6:08
  Speaker 5: You're talking about having.
• 6:09
  Speaker 7: Four models or a company like BYD has thirty models, right,
• 6:13
  Speaker 7: and so if you're talking about little prices and more
• 6:15
  Speaker 7: models to choose from, there's competition in that space. Again,
• 6:18
  Speaker 7: they are by far the leader in the space, but
• 6:21
  Speaker 7: competition is there, and so there's a bare case to
• 6:25
  Speaker 7: be spoken of. Fifty dollars is completely drastic, but if
• 6:30
  Speaker 7: we do see a pullback, because I want to look
• 6:34
  Speaker 7: at Tesla and I think about it, Yes, it's more
• 6:36
  Speaker 7: than the EV companies. A tech company obviously disguise is one.
• 6:40
  Speaker 7: But we know how interest rates have effected tech companies,
• 6:45
  Speaker 7: and there is talks of recession. In twenty twenty four,
• 6:48
  Speaker 7: I was I was hearing some one hundred percent chances
• 6:50
  Speaker 7: over the weekend. These things have to be taken into
• 6:54
  Speaker 7: consideration when we're touching out the future outlook. I always
• 6:57
  Speaker 7: Tesla has always been something that's been volatile, you know,
• 7:00
  Speaker 7: over the pandemics for sure, and so to drop egially,
• 7:03
  Speaker 7: when I saw the question, I thought, a dropping fifty dollars,
• 7:05
  Speaker 7: I'm like, that's not bad.
• 7:07
  Speaker 5: We've seen it have those type of moves.
• 7:08
  Speaker 7: But to go down to fifty dollars a year, I
• 7:11
  Speaker 7: think it's a bit much, A bit much.
• 7:14
  Speaker 6: Who would beat the number one competitor right now? I
• 7:18
  Speaker 6: don't see anybody being like, man, I want the Rivene
• 7:20
  Speaker 6: bad as hell.
• 7:21
  Speaker 7: I was just good you just I was thinking Rivian.
• 7:25
  Speaker 7: You're seeing them a lot more. They're starting to turn
• 7:28
  Speaker 7: profit with I don't see the demand.
• 7:30
  Speaker 5: We're seeing production more.
• 7:31
  Speaker 4: I think the number one competitor is not necessarily one
• 7:33
  Speaker 4: company's every company. You see Mercedes gonna come out with
• 7:36
  Speaker 4: the electric g Wagon. I feel like every coach has
• 7:41
  Speaker 4: every I think I think the competition doesn't come from
• 7:44
  Speaker 4: one particular company I cut. I think it comes from
• 7:46
  Speaker 4: every single company getting into the EV space, where now
• 7:50
  Speaker 4: Tesla has. It's kind of like, you know, the go
• 7:53
  Speaker 4: to when you think they'd be like band aid. Like
• 7:55
  Speaker 4: when you think of electric car, you think of Tesla,
• 7:58
  Speaker 4: but soon the dangerous part is when you think of
• 8:01
  Speaker 4: electric car, you think of every single car. Yeah, and
• 8:04
  Speaker 4: as eventually as what is going to happen, I don't
• 8:07
  Speaker 4: know how long it'll take.
• 8:08
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• 10:00
  Speaker 1: Legal alien from Guatemala charged with raping a child in Massachusetts.
• 10:04
  Speaker 1: An MS thirteen gang member from Al Salvador accused of
• 10:08
  Speaker 1: murdering a Texas. Man of Venezuelan charged with filming and
• 10:12
  Speaker 1: selling child pornography in Michigan. These are just some of
• 10:16
  Speaker 1: the heinous migrant criminals caught because of President Donald J.
• 10:19
  Speaker 2: Trump's leadership. I'm Christy nom the.
• 10:22
  Speaker 1: United States Secretary of Homeland Security. Under President Trump, attempted
• 10:27
  Speaker 1: illegal border crossings are at the lowest levels ever recorded,
• 10:31
  Speaker 1: and over one hundred thousand illegal aliens have been arrested.
• 10:34
  Speaker 1: If you are here illegally, your next you will be
• 10:38
  Speaker 1: fined nearly one thousand dollars a day, imprisoned, and deported.
• 10:42
  Speaker 2: You will never return.
• 10:43
  Speaker 1: But if you register using our CBP home app and
• 10:46
  Speaker 1: leave now, you could be allowed to return legally.
• 10:50
  Speaker 2: Do what's right. Leave now.
• 10:52
  Speaker 1: Under President Trump, America's laws, border and families will.
• 10:56
  Speaker 3: Be protected sponsored by the United States Department of Homeland Security.
• 11:00
  Speaker 4: Actually, every car will be an electric car at some
• 11:01
  Speaker 4: point in time in the future, right, so that I
• 11:04
  Speaker 4: think long term is the biggest competitor to Tesla's dominance
• 11:08
  Speaker 4: when every single car is the same.
• 11:11
  Speaker 5: Now, what advantages Tesla have? What's up? Great?
• 11:14
  Speaker 7: You?
• 11:16
  Speaker 6: I keep saying they needed to cook, they need they
• 11:17
  Speaker 6: have great leadership there, but they need a operator who
• 11:21
  Speaker 6: is solely focused on the business. I brought this up
• 11:24
  Speaker 6: in Toronto, Like, what do we know about Satia from
• 11:27
  Speaker 6: Microsoft other than the works of Microsoft.
• 11:31
  Speaker 7: You know, you spoke about Focus, and over the past week,
• 11:36
  Speaker 7: Starlink has been everywhere in the news. Do you think
• 11:40
  Speaker 7: because of the attention that is going there. I mean,
• 11:42
  Speaker 7: you're talking about two different companies that are world changing
• 11:47
  Speaker 7: When you speak about Focus, are you talking about that?
• 11:48
  Speaker 7: Like there there is another thing that he's working on
• 11:51
  Speaker 7: that would be a monster I mean by hisself. I
• 11:54
  Speaker 7: think they said it could ipal by twenty twenty seven
• 11:56
  Speaker 7: from older reports. I was reading you're talking about multi
• 11:59
  Speaker 7: billion dollar evaluation. Yeah, maybe that's what the focus should
• 12:03
  Speaker 7: be or is that where it's going.
• 12:06
  Speaker 6: I think Starlin could on the publicly traded side, will
• 12:09
  Speaker 6: probably perform better than Tessa. It's something that's needed. They
• 12:14
  Speaker 6: have a competitive advantage. I don't see anyone in the
• 12:16
  Speaker 6: space coming close to But he's going to have to
• 12:18
  Speaker 6: hunker down and focus on something. I don't think he'll
• 12:21
  Speaker 6: leave that CEO role of Tessa. But Starlink looks like
• 12:24
  Speaker 6: the Star for sure. It looks like Lebron in two
• 12:27
  Speaker 6: thousand and three. It's like, you know this is coming.
• 12:31
  Speaker 6: We got to figure out how to put Dwan Wagner
• 12:33
  Speaker 6: whoever was playing for Cleveland after the pasture, Darius Miles
• 12:38
  Speaker 6: and somebody like Starlink has to be the focus. I
• 12:40
  Speaker 6: know he has a lot on his plate, but at
• 12:44
  Speaker 6: some point you have to hunker that I'll find way
• 12:45
  Speaker 6: to blend those companies into one, for.
• 12:48
  Speaker 7: Sure, because if I'm hearing what Shatty's saying, it's like, yeah,
• 12:51
  Speaker 7: it's just some truth to that, right. And we saw
• 12:53
  Speaker 7: states making mandates New York, we know twenty thirty five,
• 12:56
  Speaker 7: California twenty thirty five. Everybody has to have zero emissions.
• 12:59
  Speaker 7: And so if everybody's in the space, what separates me.
• 13:02
  Speaker 7: Is it creating something different inside of Tesla or is
• 13:05
  Speaker 7: it creating an entire new branch of my business? And more,
• 13:10
  Speaker 7: I mean, Starlink is that generational talent that can change.
• 13:15
  Speaker 5: Things, and the product has to get better for Tesla
• 13:17
  Speaker 5: as well.
• 13:17
  Speaker 6: Like the people that I know who bought in twenty
• 13:20
  Speaker 6: twenty one, whenever sending me like, hey, I'm underwater in
• 13:23
  Speaker 6: the car because they dropped the price, I'm like, it's
• 13:26
  Speaker 6: not a good feeling.
• 13:27
  Speaker 5: It's not a good feeling.
• 13:28
  Speaker 6: But we've all, you know, ran a business and at
• 13:31
  Speaker 6: some point taking our eyes off of something.
• 13:33
  Speaker 5: But I feel like this is going on for too
• 13:35
  Speaker 5: long with him.
• 13:36
  Speaker 6: I mean, the stock at one point was that almost
• 13:38
  Speaker 6: thirteen hundred bucks now being the two hundred dollars range.
• 13:43
  Speaker 5: Insane. Yeah, splits included.
• 13:45
  Speaker 7: Everybody's been like, oh, wait, well they split.
• 13:47
  Speaker 5: Yes, yes, of course they split twice. But they split twice.
• 13:50
  Speaker 7: We've seen and we talked about episode before they split.
• 13:52
  Speaker 5: When Bezos was in charge.
• 13:54
  Speaker 7: It never split right to a point where you saw
• 13:56
  Speaker 7: two shares splits in matter of three years.
• 14:00
  Speaker 4: Yeah, what's the business model Tesla do.
• 14:04
  Speaker 5: They need to follow or the one they use it now?
• 14:07
  Speaker 5: The one they use it now?
• 14:09
  Speaker 6: Well, they're selling batteries. The thing that I love on
• 14:12
  Speaker 6: the car side though, is like they sell direct to consumer,
• 14:14
  Speaker 6: so they're way ahead of.
• 14:18
  Speaker 5: All of their.
• 14:18
  Speaker 6: Peers, and I think there was a certain cache that
• 14:22
  Speaker 6: came with owning the particularly like the models, but I
• 14:26
  Speaker 6: do like the business model. The thing the only thing
• 14:28
  Speaker 6: I hate in their model is the margins. They have
• 14:30
  Speaker 6: to find a way to get margins up, Like you
• 14:32
  Speaker 6: cannot have your operating margin B eleven percent in your
• 14:37
  Speaker 6: profit margin B fifteen percent. Yes, that's good for a
• 14:40
  Speaker 6: car company, terrible for energy and terrible for a tech company, terrible.
• 14:46
  Speaker 6: I know the cost to hire for those unit comments.
• 14:48
  Speaker 6: I know that it's.
• 14:49
  Speaker 5: Hardware, I know fabrication production. I get it.
• 14:54
  Speaker 6: But they have to find a way to at least
• 14:55
  Speaker 6: not that that margin up to like twenty one to
• 14:57
  Speaker 6: three to like keep their competitor is at Bay.
• 15:00
  Speaker 5: Which stay done a great job. Four can't catch up.
• 15:02
  Speaker 5: GM is foundering.
• 15:04
  Speaker 6: The best Mercedes with eqs and a g Wagon will
• 15:08
  Speaker 6: have some impact. Rose Royce now has a Specter will
• 15:11
  Speaker 6: have some impact. But you have to get those margins up,
• 15:15
  Speaker 6: especially if we're going to go into recession.
• 15:17
  Speaker 7: It is one of those places inside of the chardin stations.
• 15:20
  Speaker 7: We saw the partnership with GM. We've seen it right.
• 15:23
  Speaker 7: So if we can't, it's a good way. If we're
• 15:26
  Speaker 7: gonna create competition, and we know that everybody's coming to
• 15:28
  Speaker 7: the space, well let's control other factors or other areas
• 15:31
  Speaker 7: of the space, i e. Charged stations, i e. Create
• 15:34
  Speaker 7: batteries for these companies and so that they'll always become
• 15:37
  Speaker 7: a customer. They always be relying on some part of
• 15:39
  Speaker 7: our business to make sure that we always have higher revenue, which.
• 15:42
  Speaker 6: Is like the B to B version of Apple's app store,
• 15:44
  Speaker 6: which is brilliant. You just need more players in that
• 15:47
  Speaker 6: space and more partnerships like That's why, especially in recession,
• 15:51
  Speaker 6: we touched on this lightly before we started. It's much
• 15:54
  Speaker 6: better to have collaborative partners than to go to war.
• 15:57
  Speaker 6: War is really expensive on us.
• 16:00
  Speaker 5: You make the arms. You are in the rown business.
• 16:03
  Speaker 5: I know, hit him him up made it a little
• 16:04
  Speaker 5: bit of money.
• 16:05
  Speaker 6: I don't know any rapper this like thrives off of
• 16:07
  Speaker 6: beefit and dissing.
• 16:09
  Speaker 5: It costs too much money to do so.
• 16:10
  Speaker 6: So I think it's brilliant that they have those partnerships
• 16:14
  Speaker 6: in place for the charging stations.
• 16:16
  Speaker 5: I think they should be more aggressive there.
• 16:18
  Speaker 6: But I think that leadership team really needs to figure
• 16:21
  Speaker 6: out a way how to bump up that margin by
• 16:23
  Speaker 6: seven to eight percent, because if I don't want to
• 16:26
  Speaker 6: talk about it too much, but when so we were
• 16:28
  Speaker 6: at dinner and Daniel was like, Hey, did you know
• 16:30
  Speaker 6: in Canada the mortgages renew every five years.
• 16:35
  Speaker 5: I'm like, what the hell you mean?
• 16:36
  Speaker 6: He was like, yeah, Like you don't have a thirty
• 16:37
  Speaker 6: year three percent rate every five years They'redjust for those
• 16:43
  Speaker 6: of you who don't know, forty one percent of Royal
• 16:47
  Speaker 6: Bank of Canada's mortgages are set to reset in the
• 16:50
  Speaker 6: August of twenty twenty four. Now's not the time to
• 16:53
  Speaker 6: have then margins. They could go through what we went
• 16:57
  Speaker 6: through in a bit short era of two thousand and eight.
• 17:02
  Speaker 6: Now's not the time to have nine percent or twelve
• 17:05
  Speaker 6: percent margins in your business because you may have to
• 17:07
  Speaker 6: have two years where two years of revenue will have
• 17:10
  Speaker 6: to last you four and a half to make it
• 17:12
  Speaker 6: out of the store.
• 17:15
  Speaker 5: Hunker down. What do I know? What's your long term
• 17:17
  Speaker 5: projection for Tesla four fifty. I'm not leaving Tesla. If
• 17:22
  Speaker 5: Eli's that we got a shot. We got to shoot
• 17:24
  Speaker 5: a shot. He's a generation of talent and he succeeded
• 17:27
  Speaker 5: at every level.
• 17:29
  Speaker 4: Until you're still it's still bullesh on Tesla.
• 17:32
  Speaker 5: Hell yeah, it hasn't left stock club.
• 17:34
  Speaker 6: If it goes to fifty easy, hundred grands, boll, I
• 17:36
  Speaker 6: would be like I was in Girl Collection at one time.
• 17:40
  Speaker 6: Go ahead, shot to the ballerinas, get all this real
• 17:43
  Speaker 6: quick on Tesla. If it goes to fifty, oh baby,
• 17:46
  Speaker 6: please Jamie Diamond. Michael Burry shorted down in.
• 17:51
  Speaker 7: Fifty for me, please dah. If it goes to fifty.
• 17:54
  Speaker 7: What does the automotive market look like for the rest
• 17:56
  Speaker 7: of companies? What does the economy look like?
• 18:00
  Speaker 5: Right? And think about it. That's terrible. Yes, it's judgment
• 18:04
  Speaker 5: day and the machines they hear absolutely.
• 18:07
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 18:11
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 18:15
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 18:19
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 18:23
  Speaker 1: some of the heinous migrant criminals caught because of President
• 18:27
  Speaker 1: Donald J.
• 18:27
  Speaker 2: Trump's leadership. I'm Christy Noman, the.
• 18:30
  Speaker 1: United States Secretary of Homeland Security. Under President Trump, attempted
• 18:35
  Speaker 1: illegal border crossings are at the lowest levels ever recorded,
• 18:39
  Speaker 1: and over one hundred thousand illegal aliens have been arrested.
• 18:42
  Speaker 1: If you are here illegally, your next you will be
• 18:46
  Speaker 1: fine nearly one thousand dollars a day, imprisoned and deported.
• 18:50
  Speaker 2: You will never return.
• 18:51
  Speaker 1: But if you register using our CBP home app and
• 18:54
  Speaker 1: leave now, you could be allowed to return legally.
• 18:58
  Speaker 2: Do what's right. Leave now.
• 19:00
  Speaker 1: Under President Trump, America's laws, border and families will be protected.
• 19:05
  Speaker 3: Sponsored by the United States Department of Homeland Security,