Prepare for the Tesla Rug Pull | Tesla Earnings Preview.
FULL TRANSCRIPT
yes I will be covering Tesla earnings
live tomorrow click the description or
the link in the pin comment down below
to set your reminder for the live stream
Tesla stock could absolutely Crash and
Burn tomorrow and fall
177% down to its next FIB retracement
there are two very important things that
could prevent this from happening in
this video we are going to discuss
whether it's time for tomorrow morning
you to panic cell Tesla or for you to
evaluate and go hm I know what's going
on with Tesla and I'm okay with it let's
do some analysis as well as some price
projections all in this video okay first
things first right now Tesla star sits
at a close of
$29 our next FIB retracement is$ 175 and
we literally have no support below us
for the next 16 to 17% this is a very
horrible place for a stock to be on a
technical basis we are in a tactical
downtrend we could see the wedge pattern
that's been formed
here it it's not great we can see we
have no support from the 100 day the 200
day we are literally below the
resistance of the 221 but we're not even
close to it we're not even trying 221 in
the trading days leading into earnings
so we've got issues this is not great
the floor is wide open for Tesla to
plummet now what do I expect well what I
expect
is two very important metrics to be
front and center for tomorrow anytime we
get an annual Q4 report from Tesla we
get something very impressive known as
the production and delivery forecast and
this is going to be critical because
there are some estimates circulating
online from people who have
traditionally been relative Tesla Bulls
who are suggesting that Tesla might
announce only a one uh 2.1 rather to 2.2
million vehicle delivery Target for 2024
keep in mind what we're looking for at
minimum is
2.36 why because that would represent
about 30% vehicle growth but that would
still be a disappointment from the good
old 50% Target that clearly isn't going
so well anymore so consider the
standards if we get a number under
2366 we'll probably have a
disappointment because we want earnings
per share growth now just because we
miss on the Topline forecast of 30%
growth doesn't mean we can't hit 30%
growth on earnings per share because we
could see cost declines come in the
benefits of stable Supply chains
although we've got issues in the redc
shutting down Tesla Berlin right now
which isn't exactly a nice way to
reiterate that Supply chains are getting
better when they're literally getting
worse given that Tesla's going to be
shut down for 2 weeks in Berlin that's
that's not good that's not the direction
we want to go but anyway yes yes there
is a way that you can deliver less than
a 30% increase in vehicle deliveries and
still get your 30% EPS bump earnings per
share right that's important pay
attention to that we want 30% on EPS
right now the Wall Street consensus for
the next four years is that Tesla will
grow its earnings per share by
31% now why is that so important well
it's so important because if you look at
a Tesla PE ratio right now it sits at
about
67.6 for this year okay that's that's
for Q4 income here so it's not a forward
PE it's the current PE so if we divide
that by 31 we know that this company is
trading for a PEG ratio of about
2.18 which is probably a reasonable
valuation although you get companies
like apple that might be trading just
above 3% you get companies like Costco
or or not 3% three times on a PEG ratio
you get companies like Costco that are
trading above a 4 PE ratio and then you
have companies like Nas or Alibaba that
are trading much closer to a onepeg
usually the closer you are to one the
better in the case of Tesla what we're
optimistically hoping for is actually a
production Target closer to 50% okay
well take our vehicle uh deliveries from
last year just over 1.8 multip and Buy
1.5 to get 50% growth we're at 2.7
million Vehicles what's going to be
realistic this is important this guide
matters Tesla has been relatively
accurate with how many vehicles they end
up delivering when they make their
forecast at the beginning of the year so
beginning of every year they make their
forecast and quite frankly they've been
saying 1.8 1.9 maybe but it'll be a
stretch all of 2023 and they ended up
spoton 1.82 okay great so this is a
metric that delivery production delivery
and production estimate is going to be
something the market relies on the
market looks and says okay if you think
you're only going to deliver 2.1 million
Vehicles okay well 2.1 divided by 1.82
uh-oh that would only be 15.3% growth
how the hell are you going to grow EPS
by 30% probably not valuation collapses
boom stock goes
175 be a problem do we think it actually
has the potential of going all the way
back to its floor at the end of December
when the world was ending in 2022 at 101
unlikely something would have to
substantially collapse at that level
because quite frankly uh at
175 you are looking at a company that's
trading for about
57 uh times on a PE basis basis divide
that by uh 30 well then you'd be at
about a one n Peg under two yeah you
know okay could it trade there yeah it
could we don't want to see that
happening especially if then we
unfortunately go in and start revising
down EPS growth targets to say
20% okay well now you're knocking on the
door of a three peg at 175 not good so
like the $175 Target for
Tesla it's within range but it's all
going to in my opinion come down to two
things number one production and
delivery estimates we're going to talk
two in just a moment what do I actually
hope that they announce and what does
Wall Street expect that they're going to
announce and what do other people expect
well my opinion and and this is
completely my opinion okay so again this
could be wrong but I think we're going
to go for a 25 okay where does 25 puts
us put us well 2.5 divided by 1.82 puts
us at
37% that would be great if we could get
above 24 25 ideally my my target is 25
we're looking 30 7% Topline can that
reiterate that 31% 4-year Wall Street
expectation for EPS growth yes
absolutely now what is Wall Street
currently expecting Tesla to actually
deliver I hate to say it it's not a good
number wall Street's current expectation
for
2024 and I don't love this number at all
is
2.87 million Vehicles that's only growth
of 20
1% that's bad that would not be good is
it possible we're going to get a bad
number like that yes could that number
even though I know know that's
expectation you're still going to get
rewriting okay could that
number push us to 175 on the stock yes
now there is sort of a a hedge to this
and it's the idea that a lot of people
have seen this estimate and may have
sold the stock down the last time we had
a failed breakout we had a failed
breakout right here at the intersection
of the downtrend and the 258 FIP the
failed breakout created this
approximately 20% draw down on Tesla
stock really obvious from a technical
point of view that the trigger to sell
was there and it makes sense as you're
going into earnings you tend to get
selling after earnings you frequently
also get selling okay look at the
earnings for Q2 stock straight down
afterwards we've kind of already done
that move though so could we have more
of a Q3 2023 earnings where you go red
for a few extra days and then you have a
recovery yeah of course anything can
happen because people have to cover
their shorts there are a lot of people
who sell calls buy puts or short the
stock who are fundamentally long Tesla
but they're just bearish earnings so it
is possible you could get a bad
report you get some drama for the next
few days around around the report and
then slowly once the pain of that Q4
earnings report is over you move up
entirely possible uh but this all comes
down to your Fair Value Estimate for
Tesla which of course we'll discuss in
this video as well so the delivery
estimate and production estimate is
going to be a big deal I'm a little
devastated That Wall Street thinks the
growth will only be 20 uh 20.9% that's
not great other test levels have also
indicated in that direction not not
great I'm really looking forward to
please give us 37% now how can that
happen well it comes from scaling Berlin
and gigga Texas okay great but Berlin's
getting shut down for two
weeks yes yes and that sucks so if we go
and look at how many vehicles are being
delivered at each facility you could
jump in here you've got an annual
capacity of 375,000 vehicles 37 5,000
Vehicles as of the end of last year
divided by uh 52 to get a weekly figure
is 7,211 Vehicles times a 2E shutdown
it's a 14,000 vehicle impact is a 14,000
vehicle impact for 2 weeks really going
to make a massive difference no and
that's why I'm hoping that Wall Street
is actually a little too bearish on the
Red Sea drama because the realistic
Outlook in my opinion is the Red Sea
drama can go on and Tesla doesn't have
to continuously get hurt
why is that because you reroute your
shipments from China around the coast of
Africa to get where you got to get to
Germany okay the issue is you're going
to have this window where as you start
rerouting ships the longer way the way
that takes about 30 to 40% longer
there'll be this initial lag but once
you have all your ships on that
route well yeah you should be able to
have enough flow of components not to
continue to have that delay over and
over and over over again hopefully and
this is what I'm looking for tomorrow
Tesla announces that this is expected to
be a one-time delay that a new shipping
contract or whatever has been
established to prevent any Red Sea drama
from continuously affecting their supply
chain issues for Berlin if they make
that announcement the stock should do
better because it would help their
ability to estimate a higher production
number also go up okay now where else do
we sit where else can we actually get
growth from well we don't think we're
going to get growth from 950,000 uh
Vehicles being produced at Shanghai we
don't really expect that number to grow
much uh we don't think we're going to
get much uh production expansion from
California which is 650,000 Vehicles
well that puts you at about 1.6 million
Vehicles right now right the capacity
listed here though if I add together 375
and I'm going to take off the 14,000 in
a moment and I throw in Texas of let's
go 250,000 for the non-cyber TRU portion
if I throw that number those numbers in
no cybertruck production I'm sitting at
2.2 million if I go take out that 14,000
for the supply chain issue I'm at 2.2
2.2 oneish million Vehicles delivered
which basically means zero growth
expectations Beyond what's listed here
for Berlin Texas and zero for the Cyber
truck okay so what can we add in all
right fine let's add some stuff in here
let's say Texas model y production
pops 75,000 okay let's throw 75,000 in
now let's throw in 50,000 for year one
cybertruck deliveries okay so year one
cybertruck deliveries we're going to
throw that in uh at by the way Wall
Street is expecting 63,000 so I don't
think I'm terribly off on that 50,000
let's throw that off
uh then what we're going to do is we're
going to bump Berlin we already took off
the two-e pain and and I know they don't
have the upper carrot here for for more
growth but they should be able to get to
500k next year I'm going to only
add 100,000 though as opposed to a full
125,000 so let's add 100K to Berlin
Maybe I'm Wrong here but that gets us to
about
2.43 so that that would require growth
at Texas
Berlin and maybe a little bit of growth
at California and Shanghai to make up
the difference to actually get to my
target so my Target's a little
optimistic okay so let's write this down
Kevin's optimistic goal uh and again
this is based on uh which includes we'll
write a growth at Texas uh
Berlin and slight growth in California
and uh Shanghai okay that's just slight
growth we we don't need too much there
so what do we get optimistic goal is
2.5 that's
37% if we just stick with the numbers we
just calculated which would be 2.43 243
divided by
1.82 we'd be about 33% growth I'd be
okay with that as well so let's write
that down as the optimistic goal 2 4 33
to 25 we'll write that okay Wall Street
is sitting at
2.1 which is not great again we already
know two 2.87 to be exact uh and then I
would probably say Kevin's realistic
Kevin's realistic estimate is probably
in that 23 to 2.4 range if I was Elon
I'd probably be leaning 23 to
24 and so we're going to be off 50%
compound at anual growth because we
don't have the next gig of Factory up
right unless for some reason we could
scale cybertruck more and actually
rather than just writing in 63,000 or
50k scale that up to 125 who knows
cybertruck may maybe could be a game
changer but this is also going to be
tough because remember what Elon told us
don't rely on the Cyber truck to
positively contribute to margin for a
while in other words it's going to be a
loss leader oh at least until they get
to scale so you can kind of see the
optimistic estimates are a little hard
to
support uh it's tough it's tough right
now so you're probably in this range
right here again 21 22 not great 23 24
acceptable because it could support that
30% EPS growth okay what's the next
thing that matters well I mean this is
already obvious I mean of course we know
talk about version 12 FSD is going to
matter of course we know that talk about
Robotics and how Elon thinks it's going
to be the the most valuable company in
the world like of course those things
are going to have slight impacts of
course talk about dojo and and all the
other ancillary aspects of Tesla are
going to
contribute to people's emotions but are
they actually going to contribute to the
stock price no not in my opinion not now
production delivery numbers expectations
where the growth comes from like
physical hard growth large growth that's
what we need
uh okay so before I talk about the
second item something else that uh which
obviously Red Sea is built into that and
then something else before we talk about
the second item that'll move the stock
uh is elon's commentary about wanting
25% of the stock to actually continue
developing AI uh he needs to walk that
back like hardcore and I think he will
seeing Elon on his uh apologist tour for
uh the impression that people have that
he's an anti-semite which I want to be
clear I don't think he is but he's kind
of on this tour of going to you know
Israel then he goes to aitz and Poland
he's with Ben Shapiro you like it's kind
of doing the the Jewish
tour makes me think that he's very aware
of people's perception of of what his uh
standing is right he's very aware of
what people like and don't like about
him it might be why he's seems sometimes
to be relatively depressed because he
pays too much attention as to what other
people are saying about him but probably
to some extent also a good thing because
I think you're going to get an Elon that
comes into this earnings call tomorrow
that says hey look you know we we were
talking about this uncomfortability I
want to be clear I'm not threatening to
take away the AI uh from from Tesla
which is obviously a reason people are
invested in the stock you know the
potential for FSD the potential for
Optimus and all of that take rates for
FSD full stelf driving is amazing okay
I'm on version 11 I'm not on 12 yet and
it'll probably be a year before I ever
get 12 but it's okay like it's already
so freaking good does it need to be you
know driverless I mean it kind of
already feels like it is driverless but
you know you're there supervising I I
don't really think that's a big deal I
do think they should change the
structure in terms of how you sign up
for it you know 200 bucks a month or
$300 a month 100 of that goes to
principal to pay off like actually
having FSD for your car or they should
just lower the price of it quite frankly
they could also just like include it I
uh I know sometimes people hear that
it's like wait that's got to hurt margin
it all gets built into the end price but
anyway so
um look I think elon's going to
substantially walk back the AI drama and
that's going to be a positive for the
stock that is still outside the two main
things again main thing number one
production which includes Red Sea drama
main thing number two we're going to
talk about in a moment but the AI thing
he will walk it back just like he's
doing the sort of Jewish tour right now
I think he's going to do the tour of
expressing how important it is not to
let somebody evil take over artificial
intelligence because Elon of course told
us that he's not evil so of course we
should trust him uh and then you also
want
to see him reiterate that like I'm not
here to dump the stock or or whatever
like those things would be useful okay
now the second thing this is like really
obvious we already know this yeah it's
the MW because this is the year
companies are going to take it in the
mark
margin now uh the expectations for
margin mind you are are out we are
looking at uh Automotive gross margin
expectations for Q4 o and I want you to
see also or I'll tell you uh how they're
expected to evolve over the next few
years it's actually kind of an
interesting number to look at but
Automotive gross margin for
Q4 the current estimates are that we're
going to be at about
18.9 so we'll see what happens with that
uh I think we were yeah we were at
18.7 before that and the growth of
margin as rates probably start trending
down over the next few years or if we
enter a recession rapidly get cut uh
margin will probably move with interest
rates in fact you could kind of see the
lag of interest rates right here see the
first circle at the top left there that
indicates when the Federal Reserve began
raising rates and then the right Circle
shows you a year later when Tesla's
operating margin started getting whacked
this is different from vehicle gross
margin it's just a chart that Tesla has
here on operating margin uh and so even
once we start cutting rates we'll
probably have a lag of about a year
before margin really starts boosting but
the stock usually starts pricing pricing
in a margin gain 18 months beforehand so
hopefully we start pricing in that
margin gain now Mar markets uh well
after earnings that is because it's such
a Negative Catalyst people have so much
uncertainty over what's going to happen
tomorrow when you look at Automotive
gross margin you're looking at uh 18.9
expected for q1 19.3 Q2 19.9 Q4 or sorry
Q3 uh it gets up to 20.2 Q4 and as I
keep going it basically it looks like
Wall Street is pricing in margin growth
of somewhere around 30 basis points
every
so in other words it's just going to
take years for them to climb this margin
back in fact margin caps out in
20126 at
24% on wall Street's estimates that is
going to be very very important I am
worried that obviously we're going to
get some kind of margin Miss for Q4 I
want the bottom to be behind us here you
can actually see the Gap gross margin
which is calculated slightly differently
from what uh the um Wall Street
estimates are but what you can see see
is the lowest gross margin we had right
here was in the last quarter see this
consistent decline 25 2381 193 18.2 19
point or 17.9 just give me something
with a one and the eight in the front
that's it a one and eight please show us
the bottom is in uh I don't know if
we're going to get it but however much
that
misses we'll see anyway uh those are the
two biggest aspects now how does this
affect value ation for Tesla okay look
this is a part people care about right
it's like when is this freaking company
actually going to go up again it's been
3 years of this stupid stock trading
sideways now that's either a gift that
you've been given three years to go shop
for this freaking stock and buy the dip
or we're all idiots that's entirely
possible too in fact any reality is
always
possible it's just a matter of what's
probable so what do we have okay by the
end of 20
2026 this is important by the end of
2026 what do we think these vehicles are
going to sell for and how many vehicles
are we actually going to sell well my
estimate
unfortunately is high relative to what
Wall Street thinks Wall Street thinks
we're only going to get to about 3.1
million Vehicles so we're going to run
this both ways we're going to run it
with my estimate of 38 which is actually
what Wall Street thingss will happen in
2027 uh but we'll compare that to uh to
you know 3 one in uh in 2026 in just a
moment but what we're looking for is
what do we
think these vehicles are going to sell
for and what do we think we're going to
get uh uh in terms of an average selling
price well Wall Street right now
actually holds Tesla's average selling
price at roughly 4 4,000 you can see I'm
running it at 42,000 so we'll do both
analyses okay we'll come back to this
and we're going to change it to 31 with
44k we'll do that in just a moment but
let's do some analysis here remember
what we're going to do on purpose here
is while we're giving 2% to leases some
service Revenue 10% to energy I am
purposely doing zero for insurance semis
full self-driving Tesla robot third
party FSD and anything else okay I'm not
I'm literally not even giving FSD
Revenue here I'm going to just
underwrite this as a damn car company
like a Toyota okay that's what we're
going to do we're just going to
underwrite it as Toyota okay if we then
take the
2026 margin estimate and we'll take that
margin estimate from Wall Street of
22% okay that's be 80 uh sorry 78%
expense there we go 22% margin we'll do
that now and we're going to move down to
what we think the stock price might be
we would end up getting to a 324 stock
price however if we end up changing
margin to let's say sticking at 18% for
a while so we'll go 82 over here we get
to a stock price of about 250 okay I
want to be very clear about what that
means this means in 2026 the stock
basically just goes back to where it was
2 weeks ago as only a car
company with kind of crappy margins in
my opinion like your worst case scenario
is basically where it is now is that
it's just flat over the next two or
three years I I see that as the worst
case scenario now obviously we can go in
here we can adjust to uh Wall Street
numbers uh this uh this will really hurt
if you go to 4 4K but you drop these
deliveries to
31 and let's go with their margin so
we'll go with their margin you get to
about 276 notice how really her with
their numbers doesn't actually really
change the floor in my opinion for the
stock it's still like a $250 to $300
stock how did we figure that with a 1.6
PEG ratio on 30% EPS growth that is what
Wall Street is expecting okay this is
literally wall stre expectation now 30%
EPS growth totally reasonable for it to
sell for 1.6 times
Peg totally reasonable with their
numbers with uh their margin to sit uh
with with $45 $4,000 in average selling
price 3.1 million Vehicles reasonable to
sit at 276 that's crappy though right
nobody's really investing in this
company for that I'm not running an
actively managed ETF that has a massive
allocation to Tesla for that okay that's
because this is like like ignore that
this says bull here because I've
manipulated so far it's just stripping
everything Tesla out of Tesla
underwriting it like a car company with
EPS growing at 30% that's it well that's
actually not that bad because we know
Tesla is way freaking more than that
okay so now let's put some like Bull
hats on okay so we put some Bull hats on
and I don't mean no BS either I mean
some enthusiasm here okay so let's say
we can actually get margin up another 2%
something you're going to notice is 1%
margin usually operates or moves you by
about
$20 per um uh in the stock price so
every 1% margin Improvement they get on
their gross margin it's about $20 in
stock price that's why margin matters so
much but anyway let's get to uh you know
what call it call it even 2027 okay
let's go 2027 let's just be patient with
with it change it all to 2027 and we'll
leave it at 44k we'll go 3.8 honestly
I'm going to go slightly above that I'm
going to go 42 we're going to go 42
because why not it's a great number
actually no realistically I think it
should do more than 42 but Wall Street
thinks 38 I'm going to go 42 okay 42 by
the end of 2027 but now what we're going
to do is we're actually going to start
making some freaking money again from
FSD what are we going to do I want to
see
$4,000 of Revenue per vehicle how do we
do that it's really actually simple math
all you're doing is going to throw in
revenue of basically 10% of the
vehicle's price okay so multiply that
all right uh okay here average selling
price 44,000 right put the times logo in
there we go 4,400 bucks great now we
have to multiply this by how many
vehicles are delivered 4.2 million great
that could add you know just a small $18
billion uh to this company again okay
fantastic so we just added $18 billion
what are our expenses on FSD I threw
some you know refunds and credits and
whatever nominal 2% big deal basically
you're taking it down to about 4K per
vehicle as opposed to 4,400 bucks
honestly that's probably what it's worth
that's honestly probably what they
should be selling it for but and I did
this on person on purpose to see if you
would catch it do we actually think the
take rate is going to be
100% no the take rate's not going to be
100% so if the take rate's not 100% and
the take rate is actually
25% at
$4,000 we're going to drop this to 2.5
darn only gives us another 4.6 billies
that's okay though take our expenses out
what is that due to the stock $426 stock
okay FSD
4K at at a 25% take rate or 4,400 bucks
bumps the stock almost
$100 see how sensitive this stock is
going to be to actually realizing
revenue from things that matter what do
you think is going to happen to the
stock when they sell their first order
of Optimus
robots yeah okay you just saw what a
measly 25% take rate on FSD at four
grand does with $44,000 it's insane the
multiples are what are going to lead to
Euphoria for Tesla the problem is right
now nobody prices in any of the other
crap at Tesla the semis the FSD the
Tesla B the AI Cloud computer whatever
all of that the the market the street
gives no value to and I bet you every
single person watching this is like bro
those are the only Reasons I'm in this
stock because otherwise I wouldn't own a
stupid car company I
know so point is like this this is how
the stock gets Juiced okay you pump the
margin that's at 22% by the way I think
honestly if we can get back to 25%
margin let's drop this to uh 25% gross
margin would be the expense would be
about 75% so that should give us another
60 bucks right there on the stock yeah
492 that was that was about
$60 uh so uh now what else do we have is
there anything else to really be bullish
on over the next three uh well actually
it's more like four years well all of 24
all of 25 all of 26 all of 27 that's
four years four years between now and
four years I mean rates are going to be
like zero again right so that's why I
think you can prop margin up uh FSD
maybe the take rate honestly is 50% at
$4,000 I really think they got to drop
the price anyway move this to uh 5%
Watch What Happens look at that $542
stock okay I'm going to leave that at
two and a half just because I think
that's more realistic so again that's a
25% take create at $4,400 uh and uh and
realistically you start selling this
this Tesla bot um it it you're you're
basically potentially doubling the
productive value of Tesla so really it's
kind of like going in here and selling
more cars at a high margin the Tesla
bought I mean depending on what it could
do I think most companies would gladly
pay $25 to $50,000 for this so it almost
be like selling another car except it's
a little robot
right and now what okay well you
basically just go in here and you start
pricing that in what does that look like
if we doubled the number of vehicles SL
Bots assuming the same margin for robots
as as uh Vehicles well pop it up to 8.4
2027 that's Bots and and robots at a 25%
margin $1,000
stock so that's pricing in Bots okay so
you can see how you can manipulate this
I like to consider all of that the icing
on the cake so I personally don't really
like thinking about numbers like that I
guess it's entertaining because your
rate of return over four years would be
45% per year if you invest today at you
know $210 actually be about 47% per year
every single year compounded for the
next four years if you
invested uh and and this ended up
happening okay again we don't know but
once those Bots start selling the
Market's going to have to start pricing
that in and discounting that and in my
opinion it's not
down so I think you're kind of at like
one of the worst places for Tesla right
now people are very bearish on this
company from a fundamental point of view
this is like a bottoming process for
this company is it really going to
matter what they say in terms of
production deliveries whether it's 21 or
22 or 23 is it really going to matter if
the margin is 17 and a half or 18 and a
half
tomorrow over the next four years no
it's not going to matter is it going to
matter for the stock price movement over
the next few weeks yeah and nobody wants
to get margin called I I get
it
but nothing in my point of view uh and
this is just my personal point of view
it's certainly not Financial advice
nothing in my point of view says
flip-flop everything in my point of view
actually says we're on the right path
because if we go into a recession rates
cut guess who keeps buying stuff
homeowners and white collar
professionals with or bluecar
professionals who who make a lot of
money okay people with $120,000 plus
jobs okay those are the people buying
Teslas solar panels for their homes
inverters for their homes they're buying
real estate you're going to see a
massive wealth Gap so in a weird way
does a potentially uh you know rapid set
of rate Cuts via recession potentially
help a company like Tesla yes see Tesla
in my opinion is recession resilient
however it is not interest rate
resilient but recession means interest
rates plummet that's a big difference
I've always said I think Tesla's
recession resistant but we've just been
getting destroyed by rates not
recession so uh so my
positioning it sounds boring but it
continues to be the same Tesla and face
then we get our chips our nvidias amds
tsms Intel as the value chip
play and we move from there that's my
point of view I'm sticking with it hope
you appreciate this Insight I love you
all I wish you all the best of luck 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 this video is
neither personalized Financial advice
nor real estate advice for you it is not
tax legal or otherwise personalized
advice tailored to you this video
provides generalized perspective
information and commentary any
thirdparty content I show should not be
deemed endorsed by me this video is not
and shall never be deemed reasonably
sufficient information for the purpose
of evaluating a security or investment
decision any links or promoted products
are either paid affiliations or products
or Services which we may benefit from I
personally operate and actively managed
ETF and hold long positions in various
Securities potentially including those
mentioned in this video however I have
no relationship to any issuers other
than house act nor am I presently acting
as a market
maker
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