The Disaster of Tesla & Musk's Master Plan 3 Rumors.

now we've got to talk about Elon Musk

and master plan 3 because oh boy the

rumors about master plan 3 are getting

out of hand and I just want to be very

clear up front pretty much every time

Tesla has an event battery day the robot

uh investor days Tesla stock Falls and

in my opinion it's because people come

up with these insane ideas

about what is actually going to end up

being announced and while I'm very

enthused about some of the comments that

people have uh I think they're mostly

nonsense so I'd like to clear up what's

going on when it comes to rumors around

master plan 3 Tesla and Elon Musk okay

so first things first Elon Musk just

announced uh the the invitation page or

what the invitation page looks like for

investor day at Giga Texas on March 1st

this is what it looks like Elon Musk

tweeted Master Plan Three the path to a

fully sustainable energy future for the

Earth will be presented on March 1st the

future is bright if you zoom in on this

what you actually end up finding is that

these little images are just copy and

pasted Giga castings uh for or for a

vehicle right now I think that is

actually very very telling some people

though think that what is being shown

here is actually potentially a new

vehicle because what they're doing is

they're zooming in and they're seeing

this casting for a vehicle and they're

aligning that rightfully so because it's

a zoom in of what this is and they're

aligning that with

this casting image that we have this

makes sense this is accurate so far but

unfortunately they are comparing it to

this picture of a vehicle that is

covered at the Cyber Rodeo now

I have provided my own intelligence to

this because I happen to be sneaking

around at the Cyber Rodeo I I nobody

told me I couldn't be there but I happen

to be sneaking around and I saw with

this little video that I have here where

I found the Cyber truck that they were

covering up every car every car that

they had was covered the model 3 was

covered the model X was covered all of

the cars were covered and while I did

not find exactly that same vehicle all

of them were covered and that's because

you're in a brand new section of the

factory you've got uh you know it's it's

relatively Dusty they're about to put

these cars on a stage they want them to

look good uh they ended up covering the

Cyber truck again they had to plug it in

to charge it uh you know because

obviously it's a prototype over here but

point being these rumors that Tesla is

somehow going to announce a new vehicle

I think are absolutely ludicrous now I'm

not trying to take away from the idea

that yes in the future there'll be a

smaller car maybe it'd be a two-door car

maybe it'll be uh you know the Tesla Q

which people have mocked up because then

then you know Elon Musk could get the

giggles at the short sellers so some

people call it uh the Tesla Q maybe you

would pronounce it Tesla Chi whatever

right and it's this two-door car that

people have mocked up with a smaller

battery set now so far I'm one of the

few people who are actually calling for

a smaller battery I'm a big fan of

thinking we don't need 75 kilowatt hour

batteries or 100 kilowatt hours or more

I think what we need are 20 kilowatt

hours that basically get us a car with

an 80 to 100 mile range it's our daily

driver it's super lightweight it's super

inexpensive to produce it's two doors

it's basically your solo commuter kind

of car enough for you to go get

groceries come home you you know you go

to work your average commute's 30 miles

or 30 minutes rather which is fewer

miles generally because you have to stop

lights and traffic lights and stuff so

uh you're probably looking at 20 to 25

minute mile rather a commute One Way 50

round trip you go to a grocery store add

another 10 miles on your way you're

you're back you've got about 20 percent

of your battery left you plug it in you

charge it right that that is my thesis

of a future smaller car and while I

think that is accurate I do not believe

that just because some stupid car is

covered

uh right now which is just a photo from

the Cyber Rodeo where I walked

everywhere on and and and probably

potentially went places I shouldn't go I

I don't actually think that it's proper

to be hyped up that Elon musk's master

plan 3 is somehow uh the the next car

now I'll be pleasantly surprised maybe

maybe maybe maybe it's the next car but

here's what I think the invitation

clearly copy and pastes the Giga casting

right the castings for these vehicles

now what I think is really incredible

about that is for almost a year I have

been suggesting that Elon Musk and Tesla

need to scale and they need to copy and

paste the gigafactory substantially here

by the way is another close-up look at

what those Giga castings look like

so or or the one piece uh casting I keep

calling it Giga casting that's because

the machine is is the Giga casting

machine but these are just just actual

bodies of the vehicle uh this is sort of

one side of a vehicle showing it all

compressed together and the idea which

Tesla's pitched before is hey we could

take like 180 parts and welds or

whatever and put them back basically

into one piece and the challenges here

have been that anytime you try to do

this traditionally you end up getting

the Pringles potato chip effect where uh

you have uh you know the casting kind of

crinkle up and it's really difficult to

actually make it not crinkle up but

they've basically engineered their own

alloy mix of metals to make it not do

that blah blah blah blah okay great so

going back to the copy and paste my

thesis is that the reason on their

invitation they copy and paste this

casting over and over again is because I

think Master Plan Three is the master

plan about how many gigafactories Tesla

can produce and how they can actually

massively scale how many mega packs they

produce how many cars they're able to

sell and really turn this into a Lego

factory where no longer are you selling

cars you're just selling a commodity and

then you make your margin on full

self-driving that's my thesis and so I

think it is massive scale which is

playing three which don't get me wrong

I'm not trying to be like super creative

with the massive scale thing Elon

himself has said that generation three

or the master plan 3 rather is all about

scale so I think the New Gen 3 platform

for the car that people talk about is

probably just a lower cost version of

what is already done basically further

bragging about the manufacturing

progress that Tesla has now after all is

the point of investing in Tesla if you

are a Tesla investor you are investing

in the uniqueness of their Alloys to

simplify the manufacturing process the

Giga presses you're investing in the

ability to build new gigafactories and

ramp them quickly and manufacture cars

at massive Mass massive scale the likes

of which hasn't been seen before that

actually is counter-intuitive to the

argument of let's introduce a new model

vehicle because as soon as you introduce

a new model vehicle you you actually

slow down the ability to ramp we already

have new vehicles that need to be ramped

I mean think about it sure we've got the

S the three the X and the Y which are

already ramped but what do you need to

ramp next how about the semi truck how

about the Cyber truck that's what you

got to ramp next forget about

introducing this two-door car do that in

three years four years what commodity

prices have finally come down sorry

Steve if you're watching I think

commodity prices are going to come down

over time uh you know long term I think

Commodities ultimately always Trend down

uh anyway so these rumors in my opinion

about some kind of new car getting

announced on investor day or complete

nonsense I think people are going to be

highly disappointed the stock will

probably sell off after investor day buy

puts on investor day I hate to say it uh

you know and and I don't have any shorts

on on Tesla right now it's just the

thesis that I have all right thesis