Well, Tesla's back at it again this morning. I did a live stream talking about the Tesla layoffs and the demand potential problems at Tesla and then here we go. I I Hate to say it I hate to say it. but I think Tesla's watching.

Okay, look, let me play this from this morning. I'm just gonna play like 15 seconds here and then I'm going to show you what just happened. Okay, this is Eerie ready for this? This is from this morning's live stream. Remember you can come to these.

this is this was a public live stream. You know you just have to subscribe. It doesn't cost you anything. The only the only sponsor on the channel even are my own programs.

We're cool, we're chill here we go. and I think that's why there's such a difference. If it were truly that immediate, I think Tesla would be like, all right, we'll just give you the 7500 now. Uh, which in theory they could do, they could just do that if it were really that big of a demand problem.

If Tesla was really about to have cars sitting on the Lots all across America rusting away, why not just offer the 7 500 credit full or drop prices a little bit, right? Yeah, so that's a that's Kevin on the morning of December 21st at like a 5 30 A.M Actually it was more like 4 30 a.m I don't even remember. Anyway, it's been a long day. Okay I wasn't expecting to make another video. Okay, do I look like like I was ready to make it over? Maybe I do either.

Anyway, Okay, okay all right this morning. Okay today, 7 31 p.m probably Eastern given that it's 5 50 p.m over here. or maybe whatever. Anyway, Sawyer Merit on Twitter breaking Tesla is now offering a discount of 7 500 up from 37.50 for anyone that takes delivery of a new slash inventory model wire model 3 in the US before the end of the year, buyers will also still get ten thousand dollars of free supercharging.

Okay, there are a few things to unpackage here. The very first thing that you have to understand is most human beings in America do not understand the concepts at all of tax credits. Okay, in that nature I Have always thought that Tesla is better off just given the 7 500 credit now than a 37.50 credit because people won't understand that 37.50 today might actually be a lot more valuable than 7 500 in 14 or 15 months, people are just going to go well. 7 500 tax credit starts in January No, No, no, Okay, this I mean that's what people are gonna think and that's okay.

But here's here's the actual timeline. This is important to understand. see line. Simple.

Okay, we are over here in December. Here is January and then here is APR of 24. Okay, now now I'm going to explain this. Okay, this is 2024.

this is 2023. Okay, if you take the 3750 here in December you get three thousand, seven hundred fifty dollars off immediately. Okay, if you buy a car right here on December 30th or 31st. Whatever the last days you could buy a Tesla you get three thousand seven hundred fifty dollars right away that has now been increased to seven thousand Five hundred dollars for for apparently I'll talk about that in just a moment.

okay if you but but let's just say it's 37.50 Okay, so now if you buy the very next day, people are going to think, oh, if I just wait a day, I'll get seven thousand five hundred dollars instead of 37 R50 I'll get twice as much money just by waiting a day. What a great deal. Wrong, You do Not get that seven thousand five hundred dollars here in January If you buy that vehicle anywhere in that little green bar over there, you're not actually going to get the credit on your taxes until probably April of 2024. And if you file on extension, it could be September or October of 2024 depending on if you're trying to write this off as a business or personal expense.

And then there are other debates. You should always consult your CPA about that because it's a tax credit. So by Tesla now saying hey, you know what? what? I Basically just said this morning. um, we want to clear out a little extra inventory I have to backtrack on this a little bit.

First, it is possibly assigned a demand issue. it is Look, if if the if the cars were flying off the shelf, they would not have to do that. The cars are not flying off the shelf. Okay, all right, we got that.

We kind of already assumed that that's kind of why Tesla has probably already also been falling. However, they could be selling record numbers of vehicles and it is still possible. Although this is the bullish bias bearish, no, sorry, bullish and biased Kevin Saying this. Maybe they really wanna hit it out of the park with how many deliveries they get in December of 2022 because it's such a horrible time.

So why not just crank out a few more deliveries and give the people who are on the edge some extra cash and that I think is what Tesla is doing is and again, that's the bullish side. Or they actually do have a demand problem and they're like, yeah, let's just let's throw another thing in for the last you know, nine or ten days of the sales year. And for this segment over here, let's offer people 7 500. Now notice this was a text message.

Okay, this is not something that they ended up putting on their website. Maybe they will. Maybe in two days it'll be updated to their website as sort of a Christmas special or something. Whatever they want to call, you know what? expiring coupon code link down below.

Programs on building your wealth, stocks, and psychology Of Money Real Estate Investing Zero. Oh sorry. that's a totally different pitch that was supposed to be a Pitch about. get your Tesla Now with uh, 7 500 off because that there's a coupon code expiring December 27th I Mean uh yeah.

Anyway, okay, you get the idea. So these texts are probably just going out to people uh, who have indicated interest in buying a Tesla and they're on the edge. They're on the edge, right? and so now Tesla is trying to pull those people forward and get them to make a decision. This is a close, folks.

This is just the modern dealership at work. There is no dealership right? I mean think about it. if if we were all investing right now in like the GM dealership model and you know Jimmy came in and Jimmy's like I Don't know Man, the Market's a little bad right now. None of us would be pissed if the manager walked into the room.

Go! Oh oh Jimmy Could you mind grabbing that pen for me just like oh, this one right here. Sure, this is all part of sales. Glad you got the pen. Jimmy Jimmy I brought I brought something for you.

This is a purchase agreement for a car right here. I got you another 3750 bucks off. you just need to sign right there. Jimmy You've already got the pen.

Okay, sorry, that's like that's right. That's probably an insult to sales people. It is not meant to be I at heart. Uh.

started my career as a salesperson. Uh, okay, like. but but this what we're seeing here with Tesla is a modern day version of that, right? It's just closing the sale. it's actually smart.

and In fairness. From like a psychological point of view people are looking at who are thinking about buying a Tesla are going to look and go. Why would I buy it now and get 3 750 if I could just wait until Jan won and get 7 500. And the problem with waiting until Jan one is you could buy a Jan 1 or Jan 31 or Feb 28.

right? So now all of a sudden your urgency actually goes away because you could buy it at any point next year you could buy it December 31st of 2023. now you probably might want it sooner, but the expiration is not as urgent now. Tesla has actually created an emergency close. They have actually said hey, but Jimmy listen man, if you sign this deal now you'll get the 7 500.

Now if you sign the deal January 1st or after, you'll have to wait a whole 18 months to get that deal Jimmy What's it gonna be Jimmy oh I really want the autopilot I'm sorry I don't know why I'm making Jimmy it seemed like a complete idiot or I'm just having too much fun with this uh and and watching um my my portfolio if it's anyway. Uh, thank you so much for watching. Uh, appreciate you all being here I love being a Tesla stockholder would would never be uh, you know, temporarily emotional about that at all. Uh, and um yeah I'm gonna go back to doing whatever it was that I was doing all right.

Thanks for watching Goodbye.