Okay, so if you listen to mystery media right now, this is all you hear. Tesla is basically going bankrupt. The company is falling apart, the cars are falling apart. So what you got to do is sell your Tesla stock, sell your Tesla car, move to a different country better even.

You know a different continent, Change your name so that nobody ever finds out that you ever owned a Tesla car and or the stock. This is literally all you hear right now and I find it really amusing because you know Tesla Fat has always been around, but this is like new level stuff that we haven't seen in a long time. So I'm here to basically put some sunlight on this and see if it melts or not because in my opinion, data don't lie because data don't have a skin in the game. So let's look at some data.

Okay, so Tesla just delivered 405 000 vehicles in the fast, in the fast in the last quarter of 2022.. now this was short of estimates by analysts. You know by about 13 000 cars the estimates were 418 000. So they missed by about 13 000 cars.

And of course immediately the Festival has started. all the Cockroaches coming out in the Halls basically celebrating Tesla's failure only 405 000 Vehicles Yay! Tesla is losing demand. The growth story is over. Even some people who actually respect have caught on to this narrative unfortunately.

But you know I can coexist with people I don't agree with I mean I'm okay with that. You know that's some of the message I'm trying to convey on this channel. Also, it's okay to coexist and respect somebody you don't agree with. So I don't disrespect people for falling for this narrative.

but I urge you to listen to what I have to say in this video. Even if you define yourself as a Tesla hater in Elon Musk hater as well, whatever that may be. but please listen to what I gotta say in this video because the data absolutely will debunk everything you hear in mainstream media right now. Look, it's true that Tesla missed estimates for sure, but you know, let's look at what's going on with the rest of the industry.

and I've made this point before, but it's so powerful I feel I have to bring it up again just to start this discussion and I have way more data points for you. This is just the first step. the intro if you may. So the rest of the industry the US Auto industry have shrunk by eight percent this year.

so the entire U.S Auto industry is selling eight percent less car in 2022 than it did in 2021, while Tesla increased their sales by over 40 percent so that there and then should be the end of the discussion. but I'm just getting warmed up. Now, if you look at individual performances, you're not going to be happy to hear what I got to say: Ford is down two percent on sales this year, GM is up three percent. They're leading the industry according to President Biden so they're up by three percent.

Toyota is down what 10 VW is down 14. So looking at the industry in general, everybody is hurting. but Tesla is basically selling 40 plus percent more and somehow that's a problem. I Mean even if you look at the industry in general, during the time when Tesla went from 300 000 Vehicles a year to 1.3 million Vehicles a year.

During the same time, the U.S Auto industry basically shrunk, they shrunk by 35. That's not even the laughing matter. So the US audience is in trouble. You can look at the F-150 sales by the way.

shout out to my friend Farzad on Twitter who brings all this information on Twitter for you. Go check him out. Follow him right now, but he just showed you that you know sales of F-150 have pretty much halved over the past few years. I mean the US and our industry is suffering and rightfully so because they're getting beat by everybody else that's included.

By the way, Now look let's look at. let's look at this all argument. The main thought about Tesla over the past few years has always been this argument. the competition is coming.

The competition is coming. Every year we hear about how finally this year the Germans are coming you know the competition is coming. I've been hearing this this I would say since 2013. since 2013 every year I sit in the room with smart people, extremely smart people.

sometimes in smart and rich people and I hear this argument how Tesla cannot survive once Legacy Auto really goes into this game I've been hearing this for the past eight years and somehow every year that hasn't happened yet. even though the money is there on the table, you know it's there for the taking. You know, take it from Tesla. It's like taking candy from a baby.

Well that baby can punch back and it punches really hard because look Legacy Auto with all due respect and I have respect for Legacy Auto. They just cannot compete with Tesla at scale. Now the US Auto industry will talk about of that in a second isn't a whole new sandwich of its own. It has to solve before even you know considers competing with Tesla.

We'll talk about that in a second. But if you look at around the world there's only two main competitors that can actually run with Tesla. One is VW and they just basically fired the CEO who made it happen. They let Herberdis go even though he's the one who put them on second place and more globally.

If you look like the only real competitor for Tesla would be Byd, the Chinese company that Warren Buffett is invested in and I have a lot on that as well board. Buffett is actually liquidating his position and getting out of Byd even though Byd is selling terrific 150 increase in sales year over year. So Byd has its problems. VW have their problems.

the US Auto Street have their problems. While they're trying to figure out how to handle this, Tesla is basically creating more space between themselves and the second and the third place. and I'll give you numbers to prove this. I'm not just you know, pulling this out of my butt.

Now look without the respect to you. U.S Auto Legacy They just cannot make electric vehicles at scale like that. It's possible. Look at the numbers the GM lyric which you saw Mr President Biden driving and you know do some PR stunts I mean they sold 36 units in Q3 of 2022.

36 units my guy. even the Mach E which is not a bad car I mean it's not a Tesla Model 3. It's not even the Tesla it's it's a Mucky it's an it's a nice electric first attempt by Ford I don't hate on it. They sold about 30 000 cars this year.

30 000 cars. that's as much as Tesla sold the model S You know how much Tesla sold model 3 and why this year in the US about 350 000. So Tesla is outselling Ford by a multitude of 10 and that's just with the three and the Y not including the S So there's just not enough there in the in this equation for legacy order to make any sort of a run for this. Look the problem with you know, going globally, you can see that this trend is not just a U.S thing because people tend to say well, Tom this is just the US.

Go around the world and see what happens. Let's see what happens. Let's see what happens in other countries and I have the data right in front of me so you heard the data about Norway Everybody knows about how Tesla is the best-selling car in Norway, but I mean it's not just Norway in 28 years And shout out to Farzad for bringing us my attention. The best-selling midsize sedan in Australia was the Toyota Camry and rightfully so, it's a great car.

This year in 2022, or rather last year in 2022, this title was taken from it by the Tesla Model 3.. the model 3 is now the best-selling mid-size sedan in Australia in the first time since 28 years. It's not the Camry. By the way, if you look at UK for example, you're gonna be shocked because the two best-selling cars is the model 3 and the model Y.

What about five times more sales than the third place in the UK And with Legacy Auto pretty much unable to compete with Tesla at this point, except maybe for VW that can make a little bit of noise, Toyota has pretty much given up. The rest of them. Don't get any started. Who's going to compete with Tesla? Well, the Chinese might.

But then you look at the Chinese Auto industry and then you see a huge problem. Neo is primarily Chinese brand, but they're going for battery swapping, a technology that failed miserably many years ago and is just not sustainable. There's nowhere near as efficient as a supercharger Network which by the way, Tesla is the only one who has one. So Neo at this point is a luxury brand.

mainly. Chinese Oriented Byd, the company I mentioned earlier actually has a shot. It's a terrific company. Hands down the best competitor for Tesla.

Completely vertically integrated and they're growing like crazy. 150 more sales from last year to this year. They're definitely breathing down Tesla's neck and that is why Warren Buffett held over 20 percent in this stock in Byd. Why? Because they understood the same things I'm saying it's a great company, but get this: over the past six months, Warren Buffett's Berkshire Hathaway reduced their stake in Byd by 32 percent.

They went down from 20.5 percent to 13.9 in just six months now. Why would you sell out out of a great company like Byd? What? Warren Buffett Loves Byd? Warren Buffett loves China Why would he do that? Why? Well, Warren Buffett is actually implementing a technique I Call this silent fart. You know when you want to fart in in company and you don't want people to know it's you. So you release it quietly systematically so nobody picks up that you are the one who farted.

This is the quiet fart selling strategy. he wants to sell out quietly. not alarming the people who are in love with Chinese stocks so that they stay in and the price don't crash. I Don't know how successful it's going to be or not, but I mean Byd is just located in a problematic country.

How problematic? Well let's just look at what happened today today on Monday Today we had an announcement from the head of the Banking and Insurance regulation Authority in China that they're done. You know, breathing down the necks of technological companies, they're finished with the with the Witch Hunt whatever that may be. It's the 57th time, Much like Michael Berry that they've announced the same thing. and again and again people.

Some some people seem to fall for it. Now they've announced this today because they've convinced Jack Ma to give up his is controlling and and I love how they Define it. But here's what happened. so Jack Ma actually used to control about 53.5 percent of ant and slowly became a much bigger thing that anybody had imagined.

It's it's kind of the Chinese equivalent of PayPal but it ballooned to something much bigger than this. Almost like an alternative paying kind of environment. microsystem, microcosmos, basically taking control out of the Chinese government with regards to how people pay between each other, the loans, everything. So once the currency controls have started to Shake in China and Jack Ma started to dabble too much in what the Chinese government considers taboo.

they pretty much made him disappear for a while. They brought him back. You haven't heard them speak, speaks, You haven't heard them speak once since there. I don't know what's going on with me I can't talk.

But basically since they made him disappear and then he reappeared, he's been very very silent and people are awfully silent. That's usually a case that they're terrified or they basically know that worse things will come if they actually open their mouth. Now look what happened today today. got announced that Jack Ma has agreed agreed to give up his 53 control in and Group and Group which was supposed to IPO at a valuation of 300 billion dollars in 2020 and by the way, an IPO that was canceled by the Chinese government because they didn't like Jack Ma for no other reason.

So that same and group finally Jackman has agreed to give up his control in the company and now he will be holding a nice little six percent instead of his 53 And basically you know the government has convinced him. I I Think they made some really strong arguments there, but basically look at what they're doing, they gave him the six percent. So he has money and you know he's taken care of, but he basically lost his company. That's how it works in China That's what happens when you operate in a totalitarian, a Ponzi scheming fake economy, a warmongering country that has no Financial controls and is basically a totalitarian authoritarian government that can decide whatever they want.

Now that's not a healthy environment for for any company. and as far as Byd goes, you know it's a great company. but who knows tomorrow they may piss off somebody in the Chinese government and that may happen to them again. Even Tesla Who really pissed off President Biden I Don't know why he's so upset with Tesla to the point he couldn't even say the name.

Tesla is not. You know in the same situation, the U.S government right now really doesn't like Tesla and yet you know they operate freely. You know Elon Musk is not in prison. They sell 40 more cars this year than than last year.

So to me, Byd is just an unfortunate situation. bad geography. in China they will never be able to compete. unfortunately.

So before you listen to all this fud about, you know Tesla losing demand And you know, falling off a cliff or coming apart the seams? Look at what's going on the rest of the world. and yes, I understand Tesla has a lot of issues in China I Mean, who doesn't? But if you look at the rest of the world North America Europe anywhere else Tesla's absolutely killing it in the US They're the best selling electric vehicle by Miles 350 000 units just from three and why 370 if you add the model S and you know what? Yes I Know the stock market can be a little bit crazy and who knows? the stock price might be kind of sideways for the couple years I Don't know I don't determine the stock price I can only focus on the company I Like the company I Like what they're doing, they're in route to doing 2 million cars a year. I believe in about 18 months and at this point, that's all I need. The stock price might keep the stock down, the macro might be horrible.

Yes, Tesla might be trading sideways for a while, but as a long-term investor, it's just not something I'm concerned about. and if you are and you're trying to kind of medium, trade your way into this Market that's fine. Tesla isn't the stock for you I Get it. But for long-term investors who are in love with what the company is doing as far as fundamentals, as far as their margins, which are the best in the business, I Mean their margins? even after the discounts, they're still going to be doubled than anybody else in the business including Toyota who makes 10 times more cars than them, has no debt unlike the 500 trillion dollars of combined debt of all the global automakers.

By the way, 200 of that 200 billion is just GM and Ford Imagine that so I mean no debt great margins, absolute terrific cars. Yes, there's quality issues in Tesla cars. Which cars does not have quality issues? I Mean give me a break, they're not the perfect car. I've never said they are, but they're damn good solution for somebody who wants an electric vehicle, a supercharger.

Network Great software and the ability to actually have an ecosystems to operate in and have a product. a complete product. Now, some people may not like what I say and that's fine. I'm totally okay with that I Hope you can co-exist with me as a viewer and hopefully as a subscriber even if you don't agree with.

My Views That's the whole point I'm trying to make here because if you don't agree with me, that's still fine with me. The only thing I will throw right here in this channel is douchebags. Somebody's being a douchebag and disrespectful is getting blocked, but everybody else feel free to disagree with me. See you next video.