Welcome to this live stream I Apologize I Do not have time today to make an actual proper video so this is going to be a one take. I'm just gonna say what I have to say. You're gonna have to listen to all the US and is and things that I cut out in regular videos. It is what it is.

So uh, if you have not been following Tesla is not doing very well since Elon Musk acquired Tesla the stock is down 45 or so and in pre-market trading I'm gonna share my screen in this. I'm gonna do all these kind of things. Share screen. How do I do this? Um, here we go one second.

Um, the stock is currently trading at 138 dollars which is incredible. Incredibly low. Obviously every single Tesla investor is going completely mad. absolutely losing it if you go on.

Twitter If you go on. Reddit If you go on any social media, people are absolutely going nuts and losing their and the question is why are they losing their We're gonna go and explore all this. We're going to explore what's causing this. We're going to go and explore what maybe is wrong with Tesla Maybe Some people's perceptions might change after you watch this video.

138 dollars. If we look at Tesla stock, it is down so far 65 percent this, uh this year so far. and if we look from roughly when Elon acquired it, the stock is down 40. So naturally a lot of people out there are going and saying oh my God Elon Musk is the worst He needs to go, He needs to fire himself.

Why have this guy who is causing Tesla stock to fall? Look, it's Fallen all the way down here. the same people are conveniently forgetting that actually, if you zoom out just a little bit beyond, you know the last few weeks of what's been going on, you can go and have a look and notice that perhaps Elon Musk who was doing all of this over here happens to be the exact same guy, the exact same guy that got Tesla to over here, and the exact same guy who in the last five years has got 534 and in the last, well since Tesla in public has gotten ten thousand percent returns for investors and people conveniently start forget getting whatever the long-term trajectory is. People come in and they forget what the stock does. and the most important thing is people conveniently forget what the difference in is between noise and actual underlying company performance and fundamentals.

and I know a lot of people in the comments are going to go and tell me I don't understand anything. Of course it matters what Elon tweets and what he thinks and what he says. And the truth is in the long term numbers matter in the long term, the product matters in the long term, the long-term perception of the brand people buying the cars matters. and these things are not telling the same story as what the short-term noise is standing.

So where is Tesla stock going to go? I Know a lot of people out there are making all these predictions. They're drawing lines on curves and they're pretending that they have magic tea leaves and the super uh ball that tells them exactly which way is going to go. The answer is, nobody knows I Know it's incredibly difficult to comprehend, especially for people who think that drawing a made-up line on a chart is some kind of magic way of knowing that it's going to break down or break up or a head and shoulders pattern or upside down wedge. I Don't know I Don't care.

It doesn't matter because the unfortunate truth is, uh, whenever something breaks past one of these lines, you go and draw another line and then you pretend that that line is now the new Truth Uh, just because the stock price did something. Um, the unfortunate truth is that the reason the stock has fallen in the recent weeks has nothing to do with any of the predictions that anyone was making earlier in the year. Earlier in the year, especially. January February Time Nobody knew what the geopolitical situation is going to be.

Nobody knew what the oil price is going to do. Nobody knew that there's going to be a massive collapse in the economy of the exact type that we're seeing right now. People you know thought maybe there's going to be some kind of Correction downturn. It was impossible to know either way.

and I don't play short-term gambling games. Um so when I look at of the situation I I laugh at the people who think that that they particularly know. Anyway, long-term investors. We have a bunch of people on Twitter Going absolutely nuts.

Here's Gary Black Gary Black has his uh, regular pin tweet about Tesla Catalyst but over and over if you go and look through tweets, he is complaining Tesla does not have a PR department Tesla should be managing all this better Taylor should be putting out statements Elon Musk should be putting out statements, calming everyone and telling everyone exactly what he's going to do, exactly what he's going to Tweet People need to be extremely careful about this. Um Ross Gerber another I don't know I I Don't know why everyone is so obsessed with what every one of these people think. but they are and people follow all of this stuff and again Panic stations oh my God What is Elon Musk doing going on CNBC Going on Yahoo News Going on every single thing. Me: Kevin is joining the party.

Me: Kevin is complaining that Tesla's uninvestable. It is the it is making his PP short or whatever it is I don't know. And the problem with this is, um, two things. One, all of these people share one particular trait.

Uh, which is they're all either fund managers. Well, actually, all three of these guys are fun managers. or they are media personalities who are interested in jumping on the latest Trend bandwagon. They happen to be both of those, and there is plenty others.

I'm not going to go into the depths of exactly uh who the other people are, but the thing is I'm gonna stop the screen. Um, the thing is, if you are a fund manager, you actually don't care what the long-term Optics and the companies you invest in are. This is really difficult for real investors to comprehend because fund managers don't make their money from the stock going up in 10 years. Fund managers make their money from fees of people buying into their fund and people because people have short-term mindsets.

People don't care about long-term projections. People care about short-term returns. So whenever a fund manager goes and puts out a price Target they always qualify with it in 12 months or whatever because they know exactly which way the stock is going to go. Of course they don't.

They just make this up as they go. But file managers make money because people invest in their fund. People put their money in the fun. They take their 0.75 one percent.

whatever it is. Uh, and they. That's how they get that they get rich, that that's the business model. They don't care if the stock goes up if the stock goes down, They only care if people invest in the fund.

That's their business. That's how They make money. if the stock goes up and less people invest in their fund. That is bad for business if the stock goes down and more people invest in their fund, that is good for their business.

If they jump on the latest Trend bandwagon and go and say whatever people want to hear. uh, you know, go and line themselves up with the popular sentiment. More people are going to go and buying their fund. The same goes for just people who want to build a public profiles.

If you go and jump on the latest Panic that everyone seems to be engaged in, of course more people are going to go and read your tweets. People are going to agree with you and say again, it's so bad when you go and try to split the short-term noise from long-term fundamentals. it is is astounding how different the two are because I look at it and I tried to go and try to understand that what is happening in the last what is it Four no eight weeks Elon Musk has bought Twitter it was at the end of October and since then this look Tesla stock has lost 40 because Elon Musk has tweeted something dumb Elon Musk called some people names Elon Musk tweeted right-wing things people must publish Twitter Files Elon Musk broke Twitter fixed Twitter broke Twitter 10 times already. It doesn't matter in the long term for Tesla Investors I Know people think that all of this matters in the short term.

What somebody said: Elon Musk has said plenty of really dumb in the past. He said it last year. He said it the year before. he's called random people really objectionable words.

He said the same stuff five years ten years ago and you know what time is a really amazing thing that happens to go and kind of forget all the noise. and what matters is how many cars Tesla sells What additional things Tesla sells services or software additional uh features, what other products Tesla releases how many people go and continue using those products in the future? How many people replace their Tesla cars with the new Tesla Because when the time comes to, you know because people have brand Infinity that all of this kind of stuff matters. So Tesla apparently has a demand problem. Everyone is telling you that Tesla has a massive demand Problem By the way, there's some people in the comments are kind of asking you know am I a Tesla show that Tesla is the biggest position in my personal portfolio I happen to talk about it more on my channel.

A lot of people I know joined this channel relatively recently. You might not have seen my historic videos on Tesla other stocks, stock analysis, my models, stuff like that. Um, so I talk about what I want to talk about. So so so there we go.

So Tesla has demand problem and the thing is in the short term. this may even be true. There are several different things pointing to it. You can see that you know, um, car sales in general across the world are down.

So they were down during the pandemic. they haven't recovered yet. We were sort of starting to recover. And then we have the war and the situation where the finances in Europe people having less money to spend people are having Energy prices go through the roof.

People are panicking. Financial crisis is happening, Inflation, they can't afford food and these are real factors. The entire Market is down. It is perhaps not surprising that people are a bit more hesitant to buy cars, especially cars that are priced at the median price and above, which is where Tesla operates.

However, at the same time as all of this is happening, Tesla's production and deliveries are growing. Tesla's Q4 is already pretty much bang on. certain to be a record. Based on the numbers that we're seeing both in production and deliveries, it may be not quite on the pace that maybe some people expect softer demand and there are other things pointing to it.

If you go and try to buy a Model Y here, look I'm going to show you over here. By the way, I'm going to show you uh, where is it here We go here. Here is the Model Y order page. uh for the US market and um if if you're looking at if you're looking at this page, one thing that's missing is they removed the order button and you can only now have the buy now button.

This is pretty important. um uh the reason they've removed this. You actually can have it down here if you custom order. This was always the more prominent button is if you click this you can now go directly to the inventory and if you go and type in and postcode.

So there's nothing kind of phone here but you go and type in your postcode. you can see a bunch of cards and if you go and view the details on one of these cars and then you go and click through because you want to buy one. you'll notice that there's this December delivery credit of seven and a half thousand dollars. This is something that came in in the last 24 hours and a lot of people are saying oh my God This means that they're not selling cars, they have a big inventory built up.

They're trying to figure out how to sell these and naturally yeah in the U this is a Us only thing. And and yeah in the US there is of course going to be a bit of a slump in demand because in 10 days time when the first of January hits in the US is going to be a seven and a half thousand dollar discount on cars bought at that point. So of course, if anyone's taking delivery now, they are going to be slightly out of pocket compared to just waiting less than two weeks. So they are offering this thing.

I Mean of course, this is pointing to insurmountable problems for the stock. a short-term discount to encourage people to take delivery before that hits rather than waiting and canceling their orders. But a lot of people are also pointing to the fact that in China the situation is unclear. It is uncertain as to whether people in China are actually buying cars.

Um, is a demand? Is the inventory being built up? There is if you order. If you go to the China order page, you can go and order cars that are available immediately and this may well be true. Um, look at this. This is inventory in New York You go.

scroll down. Um, there's quite a few cars available. they are. They don't show duplicates of the same type of car, so each of these is an individual version.

whether it's in, you know. So if there might be 25 or 100 different cars of exactly the same type over here with the same wheels and the same paints and stuff like that. But let me stop the screen. let's talk about it.

Um, there are a number of other competing rumors. There is a rumor going uh at the moment where Tesla has apparently uh, gone in June uh submitted a new patent for a new high resolution radar and that Raider may or may not uh be coming in mid-January Tesla Um is very quiet on it. There's this letter there was uh, shared recently in the last few days. Um, the FCC was due to make details public uh, this month about this radar, but they have requested this to be delayed until February because apparently they're going to be marketing this new device in mid-January 2023.

So there are rumors that maybe Tesla is going to do a U-turn and bring radar back into their cars in mid-January Maybe they're going to somehow integrate it with vision I Don't know. It doesn't really matter. Uh, this is what people are talking about. The point.

Really here is this: There are short-term headwinds. There are going to be some demand issues during a unprecedented inflation. Spike There are going to be demand issues Because the financial situation is uncertain. People are panicking.

However, if you go and zoom out just a little bit, just a little bit, look at what's going on in the market. The entire car market globally is going electric whether you like it or not. Whether you think it's going to happen sooner, what do you think is going to happen slightly later? This is happening. Some of the car manufacturers don't seem to want to move with the times and those car manufacturers are going to die.

Toyota is still announcing they announced yesterday I think it was that they don't think electric cars are necessarily the future. They think that maybe Hydrogen is the future with an infrastructure that is pretty much impossible to actually build. I think maybe Ice vehicles are actually going to be here to stay. There's going to be other companies I don't really care which one there are some of the existing companies as with any technological change are going to die and when do these companies go and die, somebody has to replace them.

There is a global demand of Circa once we get back to normal run rate 80 to 90 million. Vehicles There are 2 billion vehicles on the roads that will eventually have to be replaced when their end of life happens and they're going to be replaced with electric cars. and people keep saying that Tesla has a competition problem. there's all these new EVS come into market and of course in a Tesla share of EVS is going to go and drop and the problem is it doesn't matter Tesla is not competing with every single other review Tesla does not need 100 of the market when iPhone came out Apple had 100 share of the new genuine smartphone market.

you know with the screen that you point your finger at that has since dropped Apple now has 18 17 14 depending on which data you it's market share. That doesn't stop them being an incredibly profitable company that doesn't stop them being the most valuable company in the world. Because of course, as more and more people release products, some people release products that are aimed at lower margins, cheaper markets where Apple will never compete. They're going to steal market share.

But that doesn't mean that Apple itself is not going to do well. You know, if you go and look back at what happened at that point in terms of how many of the existing manufacturers adapted well like Samsung and how many did not when we're talking about Blackberry Motorola Etc Nokia Um, the same thing is going to happen here. Some incumbents are going to die. Some incumbents will adapt well.

some incumbents will not adapt at all. But that total production run rate of 90 million cars will have to sustain, and some people are going to have to sell cars into that market. There are some massive advantages that Tesla Kearney has over other manufacturers. They're the only company currently that are able to go and manufacture cars at scale at real scale that are fully electric.

There's Byd in China. There's manufacturing cars where a lot of them are hybrids, but they're also manufacturing cheaper and electric cars which are designed on non-electric bases, but don't have an ice engine in them. and the margins on those are entirely different. The number of components in them are entirely different than the way that the structure is made is entirely different.

And sure, there is going to be Byd selling cars in China there's going to be Ford selling electric cars. There's going to be Volkswagen selling electric cars. It doesn't really matter I Know it's very difficult to understand and and and and comprehend, but you don't need 100 of the market to have a successful company selling cars in a product which has a huge Global set of demand. If you go and look at the recent news about FSD it is getting extremely strong, especially in the winter months.

The performance is through the roof and this is another thing a lot of people say look like. GM is having their own solution Volkswagen's having their own Solutions There's a lot of people building these weird geo-offensed HD map based Solutions which are basically treating cars as trains driving on tracks with a very specific predetermined route map where if anything goes a bit out of whack, the road layout changes the road Works Other things happen, the car stops being observed. This solution is not scalable. The solution is not in any way practical.

This solution will not work in remote. Bulgaria Ever, Nobody's going to go and map every single Road in the world continuously in full HD 4K or whatever definition every single so that every single object that is anywhere near the road pre-exists on these Maps Um, and unfortunately, there is no other General solution that anyone's working on. What that does mean is whenever FSD gets good enough, the amount of Revenue the test is going to be able to make from. It is going to be pretty stupid because other manufacturers will have to buy that solution because nobody else's money is making their own version.

And sure, at the moment that sounds really stupid. but um, even in Q4 with a wide release of FSD Beta Tesla is going to have a slight bump on their revenue because they're going to be able to take the money that they have been paid that they're previously not being able to put through the P L and actually attributed because people who pay the money are now getting access to the product for which they paid their money. Um, recently somebody I know came and visited me and they had a Hyundai Ioniq 5. Great! Car Window is one of the only manufacturers that seems to be taking electric cars seriously them and key obviously the same conglomerate and uh, that person came from quite far away and then they need to drive back and a problem arose which is um, charging infrastructure.

Um, so these cars have considerably lower range than uh, on average than than Tesla has and they don't have access to the Super the Supercharger Network unless in the UK you can pay extra. There is a trial going on, but generally around the world they don't have access. and the problem is that the infrastructure outside of Tesla superchargers in a developed country that UK is pathetic. It is incredibly bad.

Um, major shopping malls only have very slow charges. They give you about three miles worth of range while you're in there. Other charges that you drive 20 minutes to are out of service and you have to go and try to find another one. You have to wait several hours to get enough charge to make it to the next one.

Tesla has a huge competitive Advantage already that they are going to build on. Just with basic things like this. the charging infrastructure is incredibly important. It is pushing people off buying electric cars because they have range anxiety.

They have a concern that when they go somewhere, they won't be able to make it back very, very easily. All of the alternative Solutions are incredibly clunky, incredibly bad, incredibly cumbersome. Um, if we zoom out, if we just look at what's happening Tesla is currently on a run rate of 400 to 450 000 cars manufactured and delivered a quarter. This is going to increase.

Um. they have recently brought over the Uh guy who built up the Shanghai Factory to the current production rates to Austin Austin and Berlin In the last few days, both hit 3 000 cars produced per week. So the Run rate there is already on 12 15 000 cars a month, which is pretty substantial. Uh for a factory that only opened earlier this year sometime between Q1 and Q2 and and those are going going to continue to drive forwards our Shanghai The Shanghai was manufacturing that sort of volume for quite some time before they began hitting their recent numbers off.

Soca 80 000 cars a month a month On average, that is going to continue. There are ongoing rumors about Tesla opening a new Factory in Mexico I think it is this week this week everyone's sure it's going to be Mexico I Think two weeks ago it was definitely Canada and at some point it was definitely UK and at some point it was definitely Brazil and at some point it was definitely India and at some point it was definitely Indonesia. At some point Tesla is going to go and announce new factories. It is pretty certain because in the long term, if you ignore the perturbations, the demand for these cars is incredible.

The reason it's incredible is because electric cars are considerably better than ice cars. If you take out all your roast into spectacles as a fan or all you hate as a anti-tesla person, whatever demand for these cars is going to continue because they are fundamentally better in every single way. It's a fact. Um, hopefully at some point I'll get a Tesla I'm on a cyber truck waitlist.

Um, hopefully at some point they're going to come to the UK. Maybe they're too long, but we'll see. Um and in the long run Tesla will continue selling cars if you are an investor for the long term. If you actually have a model where you go and try to understand what the long-term optics for the business are if you ignore the short-term perturbations or who said what on Twitter or who's selling which says it doesn't matter if somebody sells a lot of shares and pushes the price down in terms of what do you think the optics for the business are going to be in 2030.

if you go and look at what's actually happening in the macro, who the leader in the industry is who is pulling away from the others instead of like trying to I Don't know, poke sticks at electric vehicles I'm trying to say um, they're too bad for the environment because the power station also uses. yeah sure. Currently, the grid uses a lot of non-renewable energy sources, but they do use more and more and more renewable sources and this trend is also only going to continue until we are pretty much 100 nuclear and renewable sources and storage. This is going to continue whether you like it or not.

So unfortunately the the long and short of it is all of this short-term noise. I Just look at this. I Read all the tweets I Look at all these people panicking selling their shares and it's funny because we talk all the time about you know, should you should you sell shares Now Is it? Is it? going to go even lower? maybe I don't know I don't care I Don't try to know. The reason I don't try to know is that I know that mathematically on average you might go and make a bet that the share price is going to go down and you might win and you might win a lot of money.

And I know on Twitter at the moment because the stock is down. Everyone who made a downward bet is jumping up and down and singing self praises and saying look, I am the smartest guy ever because I predicted this perfectly and sure if you flip a coin and you predict it's going to land heads, if it lands heads, you can put yourself in the back and you can say that you are the gods gift to trading. Unfortunately, especially as somebody who's actually worked in trading and like most of the idiots who play pretend games I know that most of the stuff that you see on social media most of the analysis the technical analysis that people think that is some kind of the smart analysis because they do align matching two bottoms of the curve and they think that somehow explains something. Unfortunately, all of that is absolute.

I'm sorry and I know that I'm gonna bust a lot of people's uh, self-worth by thinking that you know they took a chart and it has a wedge and therefore of course the stock is going to go and do something. Unfortunately, if that was always the case, a lot of people will get very rich very quickly because you could just go and do the same thing every time you see the same pattern and multiply your money like freaking Monopoly money. It would be extremely easy, right? But for some reason, for some weird reason, none of the richest people in the world are. Traders I don't know I don't know how or why that is because apparently you can go and make ridiculous one bazillion percent returns.

and unfortunately, even investing doesn't make anybody rich. I Know again. I'm so sorry I'm so sorry to break this news to you, but investing is not a way to get rich. It's not a way to get rich quick.

It's not even a way to get rich Slowly investing is a way to ensure that the money you have earned grows above inflation and actually delivers substantial, good, long-term results. But you have to earn the money in the first place. You can go and deposit ten dollars into your investing account and make that into a billion dollars in 20 years time. I Know again, the truth hurts.

I Know it's it's really bad. but here we go. Um, Tesla is performing exceptionally if you go and look at the production numbers. Last month Tesla had a record production month in Shanghai A hundred thousand vehicles of them, about 60, 000 or whatever odd were sold in China the rest were exported.

They're going to continue exporting a lot of cars in Europe There's still demand in Australia and New Zealand there's a cube a wait time and the wait times have come down because Tesla is moving to a different model that they announced themselves. They have said before the start of Q4 and when they were talking about Q3 results they said that they've stopped doing the delivery push at the end of every quarter. They said from now on what they're going to be doing is they're going to be doing regular sales process where they take cars, they ship them to a country and then people can go and buy those cars whenever they want the beginning of the quarter in the middle of the quarter at the end of the quarter. It doesn't matter, and this model is far more efficient.

It means that you can go to the Tesla website, find the car that you want, click, buy, and have the card delivered next week. It is a much better experience. If people who talk about wait times are some kind of proxy for demand, then send. The two have a tangential relationship.

When you have way more demand than you have to play, you may be able to measure, but when the two begin matching up or when the company change direction, the two separate and don't have any relationship on each other whatsoever. You can go and buy an iPhone in a shop and that does not mean there is no demand for iPhones. It does not mean if you don't have to wait three months for the delivery of your iPhone from ordering it on the website that that must mean that Apple is in trouble or Apple is not sending anything. The two are not linearly related in any way whatsoever.

The fact that you can buy cars live is a good sign for the long term. It means that more people are able to buy the vehicle. A lot of people do not want to wait six months or an unspecified amount of time. People might need big like a new car because their car broke down and they don't want to pay to go and have it fixed for the 20th time.

People might need the card next week or the week after. people. People have all kinds of situations where they they're not gonna wait years for a pre-order to fulfill. This is good news.

in the next few weeks in the next few months there's going to be a lot of stuff. Hydra in Italy Have finished the Cyber truck press That's being shipped. They started building the second one. You should go and follow their Twitter account.

If you go and follow them on other social media, nobody does. They have hardly any followers. They're the guys making the the presses for Tesla in Italy and They pack them up and ship them over to Texas or wherever they're needed. They're building the second cyber truck press now.

so if you think about what that means for Tesla's projections for how many they're going to be manufacturing and selling is pretty interesting. This is far bigger in terms of a structure than anything Tesla have put in place so far because it manufactures a bigger car out of much harder material. You go and look at all this stuff. you have the 4680 batteries coming.

Obviously Austin has started, uh, significantly increasing its production in the last few weeks and nobody's noticed because nobody cares. Everyone's busy looking at what Elon's tweeted or who is offended or something like that. And the fact is, if you own a car that is not a Tesla Do you know what political opinion the CEO of that company has? Do you know what they tweeted last week or yesterday? Do you know what they think about particular people? No. Because you don't care, You don't care.

I Don't care. Nobody cares. The average buyer of a Tesla car does not give a what. Elon Musk thinks they want a car that suits their needs.

They want a product that they think is superior to other products available on the market or just available because with EVS it's incredibly difficult to go and find a car that is available. They want a car that you know has the potential to have significantly more advanced autopilot and similar features compared to any other car that is available on the market. They want a car that has really amazing infrastructure in terms of the media compatibility. being able to do all the different things that Tesla does remote control is that people want a product that just works.

They want a product that is well manufactured and well built with the less parts that can go wrong with less things that will need to be fixed and replaced at Great cost in the future. which is exactly what Tesla is doing by removing Parts by simplifying design by making structural changes to the vehicles which do not need you to come back to the service center every single month because something else has gone wrong with your car in five or six or seven years time. I'm here for the long term and I don't see absolutely anything. Sure in the short term there will probably be some noises.

Probably going to be some demand issues because every single other car company also has demand issues. We're in a financial crash like you. you might not think it, but we have a record inflation figure we have. We have crazy numbers across the board, but it doesn't matter because if you are here for the long term, you're going to go through the Ops.

You're going to go through the downs sometimes Tesla stock is going to go up, sometimes Tesla stock is going to go down. We're now sitting at something like uh, 30 uh multiple I think currently at 140 on the annualized version of the last quarter. In terms of p on the Gap version, a multiple of 30 on a company that is pretty much guaranteed to go and set another record next quarter based just on the numbers that we have been seeing so far coming out, production coming out, registrations in different places, insurance sales Etc If you go and combine all that data, you go and look at it long term and the answer is pretty pretty simple. For me, nothing fundamentally has changed.

There is no detriment to the company in the long term as far as I'm concerned when I go and compare the production numbers today to two years ago when the price was the same. we are in a completely different space. The factories have advanced, the technology is Advanced the margins have improved, everything is better for the company if you take out the noise, but the price is lower and I'm looking going. This is great for me personally.

I am going to continue I Know a lot of people would disagree and a lot of people were going to go and call me names I don't give a you can do what you want In the comments Um, I'm going to be buying I'm going to be buying a lot more through the next year. It sounds like this price is going to stay low for a little while because you know this Twitter thing is not going to go away tomorrow even if Elon Musk is not CEO he's still gonna own Twitter and gonna be financially responsible for it as chairman or his owner whatever title he gives himself. if he goes back to being Chief twitch and there's another Chief Chief Executive officer taking over, it doesn't matter that problem is not going away. the negative perceptions of financial crash and like the implications are going away.

All the idiots who play leverage games and have got margin called recently because they were leveraging Tesla are going to get screwed all the people who are playing options the wrong way and and they got screwed too. All of this stuff is going to play into the share price I Don't give a so that's me done I Hope everyone has a great Christmas I Hope you guys have a a fun New Year and I'm gonna see you after all of that happens. Thank you very much for joining I Really appreciate it. Leave your worst comments below.

Call me whatever you like, Tell me your opinion especially if you disagree. it's going to be fun I'll see you guys later.