Everyone me kevin here coming to you from a delicious little juicy little spa here, but you know this is not my only fan, so i can't take my shirt off you know, but in this video we're going to talk about elon musk got to keep it professional. We're going to talk about what elon musk mentioned over the last couple days, a lot of different things, and i'm going to give you my opinion on some of these things as well. So we'll try to keep this concise and give you as much information as possible. As quickly as possible, so let's hop right into it.

Look on the twitter front. Elon musk has been confronted with the idea of why? Don't you just make your own platform kind of like a truth, social right and elon musk agreed and responded on twitter that he could probably create a twitter competitor for less than a billion dollars. I mean that's a lot of money if you're, making a startup tech company right like that's something pretty in funding honestly but uh elon musk mentions that twitter currently is, in his opinion, the least bad public square uh, and he thinks he can really improve twitter by Just honestly getting started by getting rid of the bots and scammers and the unverified people trying to rip people off uh, you know verify humans is going to be one of the priorities for elon musk and he believes that twitter needs to have an even bias. And i think this is really neat because right now, obviously at least the impression is that twitter has a pretty left bias.

This is why elon musk wants to re-restore donald trump's access to twitter, so that way, individuals who are on one side of the political spectrum, don't believe they're alienated or have to self-censor what they're saying if somebody says something wrong in a public square, then let other People debate them, but we don't need, like the ministry of truth, coming in editing people's tweets or banning people, because that's the last thing we want, because then all of a sudden that makes you think uh. Okay, maybe our speech isn't as free as we really thought it is so elon believes that you kind of have to make the far ten percent and the far uh far left ten percent far right. Ten percent equally unhappy and everybody else is happy as possible and as free as possible in accordance obviously with the law. Now elon in his uh interview with the financial times was asked well hey.

How is how's this whole thing going to affect commercially uh tesla and he says: look we're going to sell all the cars we can make. In fact, we have so much demand for cars that we're actually thinking about pausing reservations on new vehicles, because it doesn't make sense for people to have to wait for more than a year. This, ironically, is like a genius marketing move, because it's already led to a lot of commentary from individuals that that's it i'm going out and reserving my tesla now, even if it takes me a year. I just want to be on the list because i don't want to get cut off, i'm seeing a lot of that kind of anecdotal evidence right, so it could be a really interesting boost in a quarter where shanghai production has really slowed down.

Production for tesla like substantially but could be a boost of sort of those wait times, which would be a positive indicator to uh investors. Of course, now uh elon musk was asked. How confident is he that the acquisition's gon na happen? He says? Look: it's not a done deal best case scenario, two to three months: a lot of a special purpose vehicles being created to get people into the twitter deal uh. You know whether or not the twitter deal happens is a big deal, though, because if it does happen and you're part of some sort of special purpose entity to get in uh, then then yeah i mean a lot of people are hoping it's gon na, be an Easy double or triple in a few years, but if the deal doesn't go through the the stock probably drops to like 25 bucks, i said you know, i think it's just gon na follow the nasdaq's path and uh based on its beta, would take it honestly down Past, even under thirty dollars, uh so uh now elon musk was asked about.

Are you able to make 20 million vehicles per year and elon musk mentioned? Look? That is an aspiration, not a promise but yeah. That's an aspiration of tesla to make 20 million vehicles per year. What's wild is tesla's really blowing everybody out of the water. I mean all of the ev.

Competition is having ridiculous amounts of challenges, and this doesn't mean that tesla is challenge free, but they're, killing it uh, especially compared to the likes of rivia and lucid only two with any substantial market cap left. A lot of the other companies have have lost so much market value, even companies that i like, like neo uh, but then look at like lordstown or workhorse. It's just devastating now, uh. You know elon believes quick note before i forget.

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Once you open an account and make a deposit check them out, public.com meet kevin. It's that tesla is is going to be a huge innovator for batteries and solar and clean energy for the earth. And ultimately, he believes that the entire earth could be powered by the sun's energy solely by the sun's energy and and wind for the times that we don't have the sun's energy. But batteries win.

The sun can can fully cover the earth's energy. Even if the earth was 10 times to 100 times, the larger elon says on twitter, sun and wind is enough, and so really, if you think about it, tesla is an investment into solar batteries. Electric vehicles - probably an electric optimus robot unless for some reason, elon goes with a gas robot doubt it kidding anyway now uh. Regarding the next goals for spacex, he mentions that the goal is to get the first starship launch done within the next two or three months.

Uh and then he mentions the window to mars, is only about every two years, so maybe a test flight within two or three months. Every two years you have a sort of a window to fly: uh crew potentially to mars, but we're probably still about eight years away from actually being able to do that. Uh elon then talks a little bit about manufacturing, which we've heard before uh. You know yeah.

What's the most difficult part, it's not prototypes! It's manufacturing! We already know that. Are you planning to build a plant in indonesia or the uk elon musk to this says no, but obviously we're expanding the shanghai facility with an additional now potential capacity of an extra 426 000 vehicles per year, which is quite wild, really really cool uh? Now you know, then there was a question about hey. What about the people who have died? You know driving tesla on autopilot. Uh you know is, is: is that worth the price or you know, are people's lives worth the price essentially of uh, creating artificial intelligence and elon here kind of brushes this off and mentions? Look you still need to supervise your car.

It's it's a beta when it's full self-driving and the earlier versions were not even full self-driving. They were just sort of autopilot right with some tools that help you it's kind of like how planes have autopilot, but they don't have no pilot right. They still have a pilot, so uh elon's approach, obviously for mass market, affordable markets he's really into cars, not a big fan of scooters he's also not a fan of hydrogen really despises the idea of hydrogen not interested in really talking about any more details he mentions, But definitely open to the idea of a smaller car for tesla. So then he talks about the potential licensing of full self-driving, which he actually believes will save lives, not cost lives.

So he kind of turns that argument around. But we've heard that before in the future, that would make a lot of sense. I mean this is, after all, what nvidia and qualcomm are trying to do and they're trying to come up with their own full self-driving architectures, so that they can then license that out. Right uh, so i mean that obviously would be another revenue stream for tesla, which quite frankly, would be pretty much probably 90 profit.

I mean that's huge, you know. If cars are 30 gross profit, full self driving could be 90 gross profit. I mean absolutely insane when and that's one of the things that i think markets don't understand is tesla's, not just a car company you're, really investing in a tech startup, like the tech startup part, is really just wrapped under the envelope of a car company. So anyway, uh it uh.

You know, then, there's some other talks about uh opening up the supercharger network, whether it's bringing the different charging adapters to europe or over to the united states talks about how tunnels are underrated and uh talks about how wonderful it is that really with tunnels. You have a 3d space to operate in right, because if you dig down a mile, you could build tunnels on top of each other and horizontally and with land who can only build horizontally. Now i personally ran a campaign for governor on the platform that we should have tunnels in california, that we should connect the los angeles airport, downtown los angeles, downtown san francisco to suburbs. You know maybe an hour outside of the city, but then connect them with tunnels where vehicles could travel safely, maybe 100 miles an hour.

So you could get into the city with a distance that would usually take an hour in 30 minutes, yeah and and then now you can build more affordable homes outside of the city but still easily get people into the city. It's like. I don't know to me. It just seems like a no-brainer: they talked about how their proof of concept is working, really well in vegas how they're uh they voted uh in vegas to unanimously expand it.

He also slammed on vtols, which i thought was really interesting vertical takeoff and landing kind of like the little helis he's like look, we have helicopters, they make a lot of noise and there's a quite high probability of some of these just falling out of the sky. So he was not very enthusiastic about this, especially privacy. Concerns does not seem like it's a motivator for him at all to get into these uh electric vertical takeoff and landing vehicles, at least not at this point, basically flying cars, not anytime soon in 2020. You said if tesla investors knew what you knew, investors would panic about the state of the company and he talks about the the state of the sheer number of problems that tesla has had to solve and how he's still working, sometimes countless nights and weekends without getting A lot of sleep to solve a lot of problems that tesla still has even today, uh he's trying to help, which i thought was very fascinating, because you know we've kind of always thought that.

Okay, we know elon has slept on the floor of the factories before, but what's keeping them up right now, is it twitter we're still uh still plans for tesla, i mean my guess as an entrepreneur is both you kind of move your attention between your different priorities? Uh many people have asked me: is that a bad thing for tesla? Personally, i don't think so. It's um if i were an elon shoes and people like, are you gon na get, you know, distracted and not be able to work on tesla as much i'd be like? Are you serious anyway? So um? They kind of opened up the idea about maybe buying a mining company in the future, but highly rejected the idea of buying another car maker, which i've kind of agreed. With this that somebody asked me, i think it was in a course member live stream. Like three weeks ago, hey what do you think about tesla just buying like another automaker like uh, you know what is it um? What's the gorez one ggpi or whatever i'm like? Why would you do that? Why would you want lamo models when you can make your own with your the margins? The way you have them like? Why would you want somebody else's crap, like you'd, just be bailing him out? That's sort of my response and elon kind of verified that now this one kind of hit me personally, because i've always had a dream that my children would work with me in the future.

With whatever i do, no and so uh you know he was asking, do you think your children will work at tesla? And he says my older kids wish to do their own thing, which i support. They want to make their own way in the world which they do their own thing and if they want to work at tesla or spacex, i'd support them, but basically, if they're not interested, they want to do their own thing. Fine and like i'm all for that too, but that's also why i keep telling myself like well, if i have 10 kids, maybe there'll be a higher likelihood of my kids wanting to work with me. I don't know.

I thought those were some pretty incredible questions and some incredible insights as well like it's, it's quite exciting for me to see some of these things, so these are just some updates from elon musk. Honestly, everything i heard here just reiterates how bullish i am for for tesla, and i know it's. I have to keep telling myself like kevin the market cap. A tesla could follow by like 50 and it still looked like an expensive car company, and this is true and honestly, it might happen.

You know i've been joking with my jp morgan banker like i'll call you tomorrow when it's at 600.. I was doing that since it was like when it was 900. I'm like i'll call you tomorrow and it's at 800 went to 800. I'm like i'll, buy some more shares and then i joked and i'll call you tomorrow when it's 700, then then, yesterday i talked to him like i'll call you tomorrow when it's at 600 and today it went to 690 and i'm like okay, damn i i got Ta stop saying that so fair warning, i did not say i'll call you tomorrow in tesla's 500., but what i did say is you should check out the programs on building your long-term wealth to take advantage of that expiring, coupon code link down below and folks, we'll See you in the next one remember you get lifetime access to me in those courses and you get first dibs on potential for a series a that we've got coming up.

That's a big deal! You want to be a part of that anyway. Stay tuned thanks! So much and we'll see you in the next one:.