Oh Holy Smokes! Elon Musk's master plan is working. This is insane. Look at all of these different articles basically saying Elon was right. This is insane because it's the opposite of what everybody in the mainstream media has had to say about Tesla Oh Tesla reducing prices Tesla's the only profitable Western manufacturer of electric vehicles.

and quite frankly, the only reason Byd uh, the Eastern manufacturer of EVS is profitable is because they're doing hybrids. But I I want you to watch this trend? Okay, ready for this. This is absolutely insane. Watch this.

Toyota Cuts EV 2023 sales forecast by nearly 40% in latest questionable strategy shift. Listen to this. Although Toyota expects to record growth in this fiscal year, Toyota is cutting its EV sales forecast by 40% In Toyota's latest questionable strategy shift, the company will lean into hybrid quote to avoid the price competition in the EV Market In other words, what is often deemed the most reliable car in the world, a Toyota is literally getting replaced and quitting the electric vehicle battle the fight to be a leader in EVS They're sticking with hybrids, you know. yesterday Brett Whitten over at AR Invest.

You know what he said he said every time you have a shift of industry or or of like an innovation rather is a shift of innovation, you pass the Baton to a different company. His example was we went from code based computers at IBM to point and click. The Baton was passed to Microsoft when we went from pointand click to touch The Paton was passed to Apple and with every subsequent large Innovation the P the Baton gets passed. I Think this is also true of vehicles.

I think Toyota Which manufactures, you know, somewhere between uh, depending on the year you know, 10 to 15 million vehicles per year I think Tesla becomes the next Toyota That's just my opinion. But anyway, I'm obviously a bull on the stock, that's but. but I I invested in the stock because I'm bullish on their future, right? I'm not bullish on it because I'm in the stock Anyway, look at this one. Mercedes Executive says the electric vehicle Market is a pretty brutal space because of price Wars They're basically saying because of Elon but Elon's profitable Cuts Prices Still Freaking profitable.

They've actually just increased prices twice on some Chinese models and high interest rates are making it an unsustainable business. Nobody knows what the F they're doing except for Elon Elon will be like the last one standing at Tesla uh in the electrical vehicle space. This is crazy. Electric vehicles are losing their luster as major automakers grapple with waning custom customer demand and the realization that mass adoption of EVS won't happen without hiccups.

Hiccups for them. Tesla's gone through the hiccups already. Mercedes-Benz is the lightest to feel the pinch of high interest rates on consumers. They're calling it a pretty brutal space basically.

Uh, you know their stocks are going down and because their stocks are going down, they're like, you know what? Maybe we should slow down our plans to invest in electric vehicles, which is literally the short-term minded thing to do. In the short term, you stop investing in electric vehicle manufacturing capacity so you can pump the stock in the meantime. In the long term, you should be investing in electric vehicles. Which is exactly what Tesla is doing.

But they're not realizing this. So totally stupid. So who ends up getting the Joe Biden tax credits Elon baby. Elon gets more of the tax credits.

especially since in 2024, you're going to be able to get the de the credit at the time of purchase for an electric vehicle rather than on your tax return sometimes up to 14 months later. That's a game. Cher for Ev sales. Here's another one.

Byd. Okay, Byd, that's supposed to be the good one with EVS right? Look at this: Byd reduces shifts at plants EV Plants in China Byd has reduced shifts at two auto assembly plants in China People with knowledge of it. Uh, told. Reuters this is an older article.

You know this is from a little bit earlier in the year Byd which outsells Tesla only because they're also including hybrids. They're also getting hit this year. Look at this one. Uh, I Want to give you the dates of these articles I Know that one was March but this one here November 1st 2023.

here's a fortune. One on Mercedes was October 26 2023 Here's Volkswagen Volkswagen Delays fourth electric battery plant over sluggish sales November 1st 2023 and look at some of the Det details. Volkswagen Group announced its plans to open six gigafactories copying Tesla By the end of the decade, they've already chosen three sites including uh, you know Germany being one of them where we're exporting deflation from Germany Germany and China are exporting deflation I Want you to know that that is a great thing Germany China Exporting deflation makes it cheaper for Tesla to produce vehicles. That allows us to buffer margins, which is great.

We might be at that bottom for margins soon. Uh, if not, if not, Q4 probably q1 of next year or certainly the first half of next year. Uh, Anyway, there is time. Uh, okay here.

Bloom Explained there is for the time being no business rationale for deciding on future sites. basically. uh, the the ramp up of selling EVS is is not strong enough to worry about these future sites right now. Okay, fine.

what about Ford Ford this one's from February 2023 Uh Ford to build $3.5 billion electric vehicle plant in Michigan Okay, that's that's Ford right? that was announced in February Guess what just happened? You go to Cnbc.com Front page baby front Freaking page November 21st 42 scale back plans for the $3.5 billion plan bro. The government is literally throwing money at people to do battery plants and Electric vehicle plants right now. They're giving you stimulus checks right now to do this and Ford is saying yeah, nty bro. Uh, we got to scale back.

Uh, so take a look at what they're saying. Consumers slow to move to electric vehicles, they're slow to move to El Bad electric vehicles I Want to be really clear here like most: EVS Suck ass. They're like golf carts with acceleration. They take forever to charge and they have CP range Teslas are good.

Tesla's charging infrastructure is a godsend. FSD is a godsend I Drove like 30 miles from Dve Busters to Coldstone yesterday. Zero interventions from parking lot to parking lot. This stuff is good and I don't even care that it's not 100% F off driving yet? Who cares? I'm sitting in the damn car anyway.

Like, think about it. What's the difference? What is the difference between full self-driving that we have today with no interventions and a robo taxi? What is the difference? Well, you have to Wobble the wheel every so often. Okay, uh, what else? I Guess you technically are supposed to pay attention to the road, which is good. Yeah, you're supervising the car.

It'll be a while of us doing that in the robo taxi anyway, but from a practical point of view, there's a little difference in my opinion at least. Uh, so that's a zero intervention drive. and even if you have to take over every so often or intervene, that's a nominal inconvenience. Given that 95% of your drive time is doing nothing, you could kind of.

You know what the trick is. you put um, you put uh, like a one of those suction cups on your uh, windshield and then you put your phone on that and then you could like watch YouTube but still pay attention to the road. Don't break the road law. Follow the rules.

uh, maybe don't watch a video like listen to stuff I Like that idea because what I like to do is I like listening to stuff and paying attention because you can pay attention uh, while listening to stuff. anyway. so um, uh and I always think like it's so stupid, this is just and then I want to get back to this I think it's so stupid when it's like oh, you want to text and drive or whatever and then people do this. you know they're they're they're they're doing the the this cuz bro, now you don't even see the like.

At least if you're going to like send a text while you're driving cuz like your wife's freaking out or whatever, at least have it in front of you. So like peripherally you could see like if you're going to break the law, at least do it less bad. Uh, not an endorsement to break the law. Don't break the law.

All right. So forward scaling back. Ford Executive uh Jim Farley Initially announced the plan in February quickly became a a political Target due to its connection to Catl which is Chinese uh Ford said Tuesday It's cutting production capacity by roughly 43% and cutting jobs from 2500 to 17. Oh, there's a catalyst for the FED as well.

Interest rates too high. You want to stimulate job creation? Hello Fed, How about we lower rates which they will do and then you stimulate job creation because you're stimulating EV Demand again. Which what does that do for Tesla stock I'll let you imagine that. the biggest cataly right now for Tesla is interest rates.

I Literally said that in a Yahoo finance interview I don't remember where it is. uh, but uh, it's it's worth seeing. there's a Yahoo finance me Kevin People always get mad at me when I go on these because I just I speak my mind and uh, people get absolutely frustrated about that. Uh, but anyway, one of the things I said, you know they're like oh well, well aren't you worried about you know, Elon's Antics or whatever affecting the stock price? uh and I said no, uh what I'm worried about is interest rates because once interest rates come down, uh I can't find it right now.

once interest rates come, oh I tweeted it. That's where it was. Once interest rates come down, it's it. It's it.

It's your Catalyst But we're not even done. We're not even done. Look at this. Look at this.

you go over here. GM GM Now and this article is from October 24th GM delays production of Chevy Equinox Silverado and GMC Sierra EVS All of them all of them getting delayed. The Automaker said is Del delaying volume production of a new slate of EVS for just a few months. Sure, just a few months.

That's what they say now. softening prices, dropping sales. they're negative margin. These people are losing money hand over fist on these vehicles.

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Black Friday Sal Me Kevin.com So uh, this company uh the company says it plans on producing 1 million EVS by 2025. Yeah right company say said it would sell 400,000 EVS in North America from 2022 to 2 uh to Mid 24 Uh, all of that has been wrong. It's clear we're dealing with a lot of uncertainty, blah blah blah. delaying the production of the EVS Uh, we today GM's financial officer said EES over the next decade will be choppy, slower than expected ramp.

You realize what this does, right? All of this. All of it makes it it way easier for Tesla to win. That is why. Okay, because of the fundamentals.

Why Tesla is the top position in my actively managed ETF and my own personal exposure. And again, that is because of the fundamentals. I'm not being bullish because that is my position and I Want to be clear and transparent here because I'm a licensed financial adviser I Just I Just passed my series 14 my 24, my 7, my 65, my 63, my SI I've done a lot. Okay I want to be very transparent and clear always.

So with that said, thank you for watching. Go! Tesla And keep in mind Elon's winning here. Brilliant moves by Elon Why not advertise these things that you told us here? I Feel like nobody else knows about this? We'll We'll try a little advertising and see how it goes. Congratulations man, you have done so much People love you people look up to you Kevin PA there financial analyst and YouTuber meet Kevin Always great to get your take even though I'm a licensed financial adviser, real estate broker and becoming a stock broker.

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