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Disgraceful ATTACK Against Tesla & Tesla Stock [The Lending Tree Lie].

7m 35s1,008 words153 segmentsEnglish

FULL TRANSCRIPT

0:00

hey everyone me Kevin here well there

0:01

has been a lot of new fud around Tesla

0:05

and in this video we're going to break

0:06

down is it true is there Merit to this

0:09

are Teslas some of the most accident or

0:12

incident prone vehicles on the road

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according to Lending Tree the answer to

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that is yes this is a story that we have

0:20

fully cited out at

0:23

eac.org there go to ec.com you can see

0:26

all of it but let's break down some of

0:28

the conclusions first let's go ahead and

0:31

grab the actual Lending Tree piece on

0:34

this so in the Lending Tree argument we

0:37

see that Lending Tree which is a website

0:39

that collects or provides auto quotes

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for Lending as well as insurance we find

0:45

that they suggest Ram drivers had

0:49

32.9 driving incidents per 1,000 drivers

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but Teslas had the highest rate of

0:59

accidents of

1:28

23.54.99 that Ram is follow is is right

1:32

before Tesla and then Subaru Volkswagen

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Mazda BMW in terms of the most incident

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prone vehicles and then Tesla's being

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the most accident prone per Lending Tree

1:43

and of course this has a lot of bears

1:45

and Tesla Q very excited that finally

1:50

they could be Vindicated that Teslas are

1:52

super dangerous and Bulls are saying

1:55

wait a minute something has to be rigged

1:57

something has to be missing here and I

2:01

believe there are two critical pieces

2:03

missing here and we've got both of those

2:04

broken down on eack so let's consider

2:07

what we've got written here first the

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most important thing that I believe when

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we start analyzing accidents is we have

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to consider sex and age adjustments

2:19

consider the following facts Lending

2:22

Tree cites Mercury as their safest car

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but per truth car Mercury appeals to

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some of the oldest drivers in fact it is

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the third oldest car make driven with an

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average age of 57.3 but they're so high

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on this average that they're next to

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people who drive Buick and Lincoln

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that's a very different demographic than

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somebody who drives a Tesla now data for

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age is not perfect when it comes to

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Tesla but per the insurance savings app

2:59

Jerry 70% of Tesla drivers are 34 years

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old that's sort of an average Hedges an

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analytic firm sees the model 3 ownership

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with an average age of 51 now the data

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isn't perfect but it clearly skews a lot

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younger than Lincoln's and Buick and Cox

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maybe gives us the most clear data for

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buyers of Teslas buyers of Teslas skew

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heavily between 25 to 44 years old but

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Teslas are not just a younger

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demographic which I want you to start

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thinking about what that could mean for

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car accidents they're also predominantly

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driven by men 71% of Model S's and X's

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are driven by males 84% of model 3s are

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driven by males yet males make up just

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49% of registered drivers Cox Automotive

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sees about 1.7 male drivers of a Tesla

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for every single female female driver

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and what does that mean well

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unfortunately males and younger people

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are unfortunately a lot more likely to

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be involved in an accident injury or

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incident or fatality in fact the top

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group for automotive related deaths is

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25 to 34 years old it is one of the most

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popular groups for Tesla drivers also

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per this statista chart males outnumber

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females in fatal accidents by a ratio of

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about three to one that means for every

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three fatal accidents where men die you

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get one woman dying so clearly there is

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a massive adjustment factor that needs

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to be made for Teslas which Lending Tree

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did not mention once in the entire

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Lending piece there is not a single

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mention or reference to age or sex both

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of these a fatal flaw in their study I

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believe that if we adjust for age and

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sex we would see numbers that much more

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align with the data that we see from

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Full self-driving statistics and

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national highway safety and

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transportation board rankings that show

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Teslas as some of the safest vehicles

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that exists so unfortunately without an

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age and sex adjustment I can't trust

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this Lending Tree information

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unfortunately though for Elon Musk and

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Tesla the mainstream media eats this

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stuff up if you now search Google for

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Tesla accidents or SE Tesla safety you

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are going to get bombarded with

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headlines including headlines on

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cnbc.com

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Forbes Electric

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Wall Street Journal you name it talking

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about how Tesla drivers have the highest

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accident rate despite autopilot claims

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so what you have are essentially

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mainstream media organizations trying to

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discredit Elon musk's autopilot claims

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using an unadjusted and flawed data set

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that's my take if you found this

6:24

perspective helpful consider subscribing

6:26

check out ec.com for more information

6:28

thanks for watching bye

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why not advertise these things that you

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told us here I feel like nobody else

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knows about this we'll we'll try a

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little advertising and see how it goes

6:36

congratulations man you have done so

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much people love you people look up to

6:39

you Kevin PA there financial analyst and

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YouTuber meet Kevin always great to get

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your

6:44

take even though I'm a licensed

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financial adviser real estate broker and

6:48

becoming a stock broker this video is

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neither personalized Financial advice

6:51

nor real estate advice for you it is not

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tax legal or otherwise personalized

6:54

advice tailor to you this video provides

6:56

generalized perspective information and

6:58

commentary any third-party content I

7:00

show should not be deemed endorsed by me

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this video is not and shall never be

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deemed reasonably sufficient information

7:05

for the purpose of evaluating a security

7:07

or investment decision any links or

7:09

promoted products are either paid

7:10

affiliations or products or Services

7:12

which we may benefit from I personally

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operate and actively managed ETF and

7:16

hold long positions in various

7:17

Securities potentially including those

7:19

mentioned in this video however I have

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no relationship to any issuers other

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than house act nor am I presently acting

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as a market

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maker

7:31

oh

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