wtf... Fed & Tesla...

man just when things started going

better for Tesla we just had some bad

news about Elon musk's pay package which

we've got to talk about it's got me

shaking my head because I I don't

understand why things like this can

happen in America but I will talk about

it and try to break it down then in this

video we are also going to talk about

what the FED is doing because they are

setting up for something interesting and

I'm trying to understand why so let's go

through some of the data let's go

through a little bit of what happened

today keep in mind uh I am literally

buried not only in uh planning and the

production and making for the new course

but house hack Robo hack and flight

train FL like flight train okay like pre

what is that pre- solo written exam okay

like there's a lot going on and there's

construction going on over anyway let's

just get into this okay so point is I'll

be live again you know starting next

week should

be okay all right so here's what we got

uh first of all a lot of people are

going to be worried about what this is

going to do to test a stock price test

the stock right now it's only down about

1% in the after hours it it it hit a

high today well not quite uh this

morning in the alpha report I talked

about it probably rejecting off that 160

164 level it rejected off of sorry 360

to 364 level it rejected off 364 uh

sorry 360 uh and so basically now it's a

little bit under 360 but it's above that

347 which is a great place so if we're

going to have a little bit of sell down

tomorrow I think it's okay because you

got a really strong floor at 347 you

lose that you go to 318 but the only way

you really lose that is if you actually

think that a uh Elon Musk is going to

not win an appeal because Tesla the

board of directors and Elon Musk are

going to appeal the cancelling of this

pay package right now the pay package is

worth

101.5 billion which is the largest pay

package ever in in history it puts

musk's wealth at somewhere around $340

billion it's it's like a third of a

trillionaire is what Elon is right now

it's insane a third of a

trillionaire dude wow okay anyway uh

when the package was awarded the package

was only worth $2.6 billion and when the

judge cancelled the package it was worth

$56 billion now remember judge

mccormic denied the first package

because she argued that shareholders

were not properly informed but the

conflicts of interest related to the

board members at Tesla like you know

Kimble mosque his brother sitting on the

board right uh approving and taking part

in musk Compensation Plan now a lot of

this started because uh a person with

nine shares who was a drummer and not

that that really matters but that's what

he's kind of known as Richard donetta

I'm probably butchering his name uh

basically filed a lawsuit claiming that

Elon Musk was being unfairly compensated

so so uh judge McCormack is an

interesting one she's a judge with a

bachelor's degree from Harvard she got

her uh JD so her law degree from uh

Notre Dame it's are Great Schools you

know a lot of people are like oh no

they've all gone woke okay whatever

she's 45 years old she is the first

female in Delaware's history uh to sit

on you know the tile of judici in the

type of judicial seat that she sits in

uh she is uh someone who has actually

dealt with enforcing contract law quite

a bit in some high-profile cases

including one already involving Elon

Musk going talk about that just keep in

mind we're going to talk about the

Federal Reserve in just a moment I just

want to get through this this Tesla

stuff and then we're going to talk about

the FED which has happened with rates

okay I going to talk about that one

sec got to get that free cure coffee

that I couldn't find another way to cool

it down and I don't recommend it I

poured some sparkling water in it don't

recommend that nasty anyway uh so the

judge

ordered uh a a another sort of cake

acquisition like a bakery basically

company uh to that you know there was an

acquisition going on for a cake company

during co co hit acquisition started

before then Co hit a company didn't want

to go through the acquisition anymore so

they tried cancelling because of covid

and she's like uhuh Delaware contract

law that is not Material uh or a that

does not rise to the level of a material

or adverse change you must continue with

the acquisition of that cas company now

why does that matter because it shows

you she's really big on that Delaware

contract law maintaining that reputation

that Delaware has for enforcing

contracts in fact when Elon Musk went

through the Twitter acquisition guess

who the judge was to basically Force

Elon Musk to acquire

Twitter Kathleen mccan the same Delaware

judge so as you can see she's a big fan

of maintaining that reputation of

Delaware being great for contracts and

corporations but this is this one's

where a lot of people are like wait a

minute you're watering down the

reputation that Delaware has for being

good for contracts because now you've

literally had two shareholder votes you

had a shareholder vote back when the

compensation plan was approved with a

very clear trajectory if we hit these

milestones we will get this sort of

compensation and shareholders approved

it debt and and then this cycle you had

another approval this summer like in

fact I made a video I said there's a

good chance Tesla stocks going to

Skyrocket here you'll look back on my

channel I said it multiple times I said

there's a good chance we're going to

Skyrocket here because we are going to

get rid of the uncertainty of the pay

package and volatility is at a low level

that we have not seen in like three or

four years or whatever it was at the

time and it did now I wasn't expecting

for it to Skyrocket again from where

went to you know I thought 265 was

pretty good I'm like now the valuations

getting a little stretchy you know now

we're in the mid3 So In fairness it just

kind of keeps going which you know just

that's just what Tesla does which is

great the question now is how does this

affect Tesla stock going forward so uh

few things let me wrap this up really

quick few thoughts to wrap up over here

first on the judge a lot of people

getting pissed at the Delaware judge for

this because you know have two

shareholder votes that are saying we're

okay with it because the second

shareholder vote also reapproved and

basically shareholders are like look we

get it we understand what happened then

we still approve it so now a lot of

people are like this judge is just

straight up corrupt this judge is an

activist the public the the shareholders

the ones who would potentially be hurt

by this pay package are saying please

give him the money give him the money we

promised him then yes we still want to

pay him that

so like in a weird way if Elon doesn't

get this pay you've actually undiluted

the by 10% is a little bit more than

that right to the tune of $101 billion

so theoretically the stock should go up

but the reason it won't is because you

reopen the door to uncertainty until an

appeal goes through of okay well what

happens when a new Compensation Plan is

installed a new Compensation Plan not

with new Milestones but paying him

basically for the stuff he should have

been paid for and new Milestones could

be more expensive for Tesla and it

reintroduces that darn uncertainty

at the same time of that uncertainty you

have a lot of uncertainty going on in

auto manufacturing the strikes just

started with Volkswagen Bloomberg

intelligence just this morning said uh

we are at the early stages of an

automotive pricing reset which is really

interesting because I thought that's

already what's been happening for the

last two or three years but they

actually well maybe not three years the

last two years Auto prices have

certainly been coming down but

especially used car prices plummeting

look at the what you you get used Teslas

for great deal by the way okay like no

referral code for I'm just saying like

you want a Tesla with autopilot you pay

eight grand for a new Tesla with

autopilot you probably pay like one

grand for a used car with with uh a used

Tesla with the autopilot for the

autopilot like it doesn't hold its value

so look at that you could compare the

market rates for it uh but anyway uh

Bloomberg intelligence says that pricing

right now for vehicles is 23% higher

than the pandemic and that discounting

is still below the levels we saw in 2020

even though ventory is way up so in

other words pricing is higher we're

still not at the high levels of

discounting we usually see in autos and

there are 50,000 2023 models that are

still unsold at companies like uh you

know GM or otherwise so in other words

you have this potential of introducing a

lot of uncertainty for Tesla let's go

ahead and write some of these things

down so I actually conveniently uh have

a whiteboard here which is very

convenient uh on this whiteboard by the

way I was uh you know in our pilot

lessons we were actually charting out uh

the trajectory we're thinking for

pricing so it takes me like 3 hours to

sit down and change all the pricing so I

haven't done it yet but once that

trumponomics course goes up it's going

to go I hope you can see that I don't

know if it reverses it but from $ 299 at

least 420 maybe even five or 620 just

for the Cyber week here so right now

it's still here if you want in that

Trump anomic I expect when those

lectures come out December 17th and you

actually get access to cor M lives and

trade alerts and everything this is this

could be $1,000 close to War haven't

figured that out yet but I just thought

I'd mentioned that go to Meek kev.com

remember what that includes okay just

think about but let's talk about Tesla

in terms of risk factors that we have

now so the first risk factor that we

really have to think about is now we

have share

uncertainty uh and in addition to this

share uncertainty for Elon there really

there's part A and there's Part B so

part A is the Compensation Plan part I

really hope this mirrors Part B is the

part where Elon Musk said he wouldn't

sell shares in 22 he sold a bunch of

shares the stock tanked 23 he said he

wouldn't sell shares 24 he said he would

try not to but he might you right so

we're getting closer to 2025 where is he

going to sell shares again I don't know

I mean he he's got plenty of net worth

to where now he should just be able to

take out little margin loans right and

it'd be a fraction of it's worth but

maybe not if that comp goes away so is

there a be risk of some Elon selling

pressure that should be a buy the dip

opportunity then we have V IC uh pricing

risk okay so are uh price other vehicles

is going to get more competitive this is

where Bulls like me like to say hell no

that freaking cyber truck is amazing

full self-driving 13 just came out I

can't wait to try it I'll try it when

I'm back home I don't get to see my

seven kids I'm a little bummed right now

but I will see them soon enough so uh

you know I I don't really think there is

competition for Tesla but I do think to

get to volume growth again prices are

going to have to come down so you're

probably going to see prices has come

down especially FSD it's probably the

market price for FSD should be closer to

like three grand probably for new FSD

anyway for now I think you're going to

as much as I think you'll have a clear

regulatory framework for robo taxis I

think that Robo taxi is going to face a

delay as well as Optimus before we

actually turn these into dollars so I

think this path right here is just going

to be a little bit slower than a lot of

us anticipate those are going to create

buying opportunities for you all this is

uncertainty it creates a buying

opportunity for you so where we sit

right now at 355 okay next stop 347

where's our next line over here honestly

it's above ah top of mind it's above

like 410 I'll look at it really quickly

but it's it's high I don't have a a fib

extension for quite a while on this

sucker and it

is

414 close memory should be 420 oh did

you know by the way and I posted this on

X uh you should follow me there I should

also post some uh Instagram stories for

pilot training it's kind of cool but um

uh did you know that I'm 69 in tall

let's go anyway uh that should be 420

but it's 414 okay uh if we lose 347

which is a really really strong shelf

right here if we lose this I think we

might be heading 318 295 after that 240

after that with pit stop at that 275 260

levish somewhere around that 265 to 275

level no 70 265 to

270 uh so so there'll be some buying

opportunities because of the uncertainty

around this and I think I don't think

retail is going to sell off this so

you're probably not going to see a lot

of movement in the after hours off this

but I do think this will create some

downward pressure over the next few

months yes there'll be appeals and blah

blah blah blah blah uh is this really

going to matter long term no I think

longer term Elon will be fine you know

it's a 10% fluctuation left or right

that's that's not going to make a

difference here fundamentally the

valuation of Tesla is high listen one of

the reasons I think you want to be part

of the trumponomics courses you know

super micro computer how it's doubled

over the last few weeks that's based on

pure fundamental analysis I invested in

that around 22 23 bucks I send alerts to

people when I see opportunities like

this and I'm like hey I think this is a

good opportunity in fact we did the

course member analysis together in our

course member live streams and so I

encourage you to be part of that so when

I see those opportunities at least you

can evaluate them for yourself I'm not

saying copy trade me I'm just saying

here's some information look at the

opportunity see if it works for you uh

and you know hopefully the fundamental

analysis is killing it again I think

there's some room on the valuation uh

for Tesla right now so uh I'm I'm not

the happiest about uh buying at these

levels a little bit of exposure I think

is okay but let's say you're trying to

get to 20% exposure for Tesla I think

you want like 1 fifth of that right now

and then like load the boat more right

as you go down this you know maybe at 3

18 okay now you're going from 4% to 8

you know maybe you're at 265 you're

going from 8 to uh you know 12% maybe

you get to 200 you know now you're going

up to 16% and you get another gift of

150 maybe even lower uh you know that's

that's where you're popping up and then

of course if it keeps falling at that

point your allocation will actually out

of your entire portfolio shouldn't

actually be rising in percentage level

you could keep throwing money at it but

because the value is going down your

allocation level is not going up so you

need something that's going to go up

while Tesla goes down what goes up while

Tesla could potentially go down well you

would need a recession combined with a

lot of uncertainty for that to happen

and in such a case you would have

something like TLT exposure or if you're

just insane it's possible if you're

really good with the timing TMF okay

that's triple leverage stay away from

that it's dangerous you could play that

for like three four months but not long

term uh none of this personalized

Financial advice by the way but let's

understand and quickly what's going on

with uh interest rates because today you

know before

my it's actually really interesting

right now I'm I'm um studying how to

land uh and and today uh we started

doing my first uh Landings and it's it's

really kind of uh entertaining you know

this this should be more level here

right this is where where you're coming

in onto like the target uh and and then

you're leveling out a little bit you get

a little flare there as you're

throttling down right anyway it's kind

of cool because this is a little bit

like every time I'm doing this I'm like

jpow baby the soft Landing come on we

got to stick the soft landing and I'm

like bang okay this is this is one of

the more hard Parts getting it though

it's it's it's really fun but let's talk

about the Federal Reserve because you

know today we had some fed speakers

today we actually had three sets of fed

speak today so today uh we had um Waller

say he is leaning towards cutting uh and

when we got Waller talking about leaning

towards cutting a lot of people are like

wait what's going on like is the Fed

sending us a warning and I would argue

the answer to that is yes they are uh

the jobs Market is slowing I suspect

it's going to continue to slow and I

think bonds are just going to be the

best performing asset over the next year

I don't care what ticker you pick uh you

could be corporate bonds some some of

the highest quality corporate bonds

maybe I don't know I don't it doesn't

really matter but if we zoom in to uh

the 10year treasury today what we'll

actually find is uh this is over the

last month you know we peaked out when

we got our appointment of Treasury

secretary subject to confirmation

obviously bassent but let's look at the

day here we actually peaked going all

the way into about 10:00 a.m. we were

back up to about

424 and we fell on this fed speak now

we're sitting under 420 again great

number so one of the things about going

back to 420 and below is I think we're

on a trajectory towards really getting

under three and a half because rates are

so restrictive I do I just don't see the

hiring that is going to support this

boom that would sustain the uh Atlanta

fed GDP levels where people think it is

now rather than speculate more about my

opinion of what's going to happen let's

just understand what the FED is saying

because right now Q4 GDP is like

skyrocketing look at that Q4 GDP okay

3.2% this is insane it feels overheated

but do you see a lot of hiring going on

out there I personally don't so I think

it's a little loony uh but that's okay

people are spending that could

contribute to GDP but how sustainable

that is comes down to jobs so Waller

today says he leans towards cutting will

depend on surprises in the data then we

had talk from Williams who talks about

we have a strong economy but more cuts

are merited we're going to be dated

independent and then bosk says we're

going to be flexible but we're

open-minded towards cutting Waller jumps

in with some more saying there's no

indication we're going to have a

Resurgence of inflation although

Chicago's uh you know um the Chicago

fed's inflation Now cast is suggesting

there could be a little pop up in

noncore that non-core popup in my

opinion uh is the result of uh some of

the oil price movement that we had in

November so we had a little bit of a

jump in oil prices in November if I go

out to the six month you could just kind

of see yeah I mean it it just you had a

couple fluctuations your first week was

high your second week was low your third

week was high and usually they take the

measurement at the first and third week

uh and also the second week so two or

highs over here I I don't know if that's

what's contributing to the knore could

also be food prices some food prices

have really gone up like cocoa and

coffee it's just a combination of all of

this and that is so volatile I just I

don't even really look at the non-core I

just focus on the core and and nothing's

really changed there so I'm still

thinking bonds are great investment

especially as like you know balance to

something like Tesla okay so so let's

think about this if the Federal Reserve

three people speak today and all of them

are kind of hinting like oh you know

we're going to be open-minded towards

Cuts here I don't know that they know

data I don't necessarily think they're

getting leaked data it's POS sometimes I

do think they're getting leaked data I

don't know that what they spoke about

today was because of leak data but I do

think that what they spoke about today

was based on what they're actually

seeing in the economy post Black Friday

sales are we going to get the layoffs

are we going to get uh uh you know um

more hiring I think they're actually

getting on the phone with their contacts

you know the the staff at these Banks

they're calling their local businesses

they're like are you hiring and the

answer they're getting is no man no no

we you know we had a good Black Friday

wasn't great but not enough to get us to

hire

and I think that's making them nervous

and so now they're coming out starting

to Dove us and they're getting rates

down they're talking rates down remember

how I talked about this I I we literally

talked about this when when when I was

buying bonds I'm like look any poping

yields I expect the FED is going to talk

them down because if you have a bump at

yields you're adding more

restrictiveness to the economy and

they're going to talk the yields down so

you're protected by buying bonds with my

thesis now that does not necessarily

mean they do it right away in fact First

Fed meeeting uh it was not the first fed

meeting it was the November fed meeting

Jerome Pal's like oh yeah yield have

gone up you know what uh they've done

this before and then they fell uh like a

whole percent over the three months

thereafter you know he kind of brushed

it off but today I'm really seeing a Fed

here that's starting to talk rates down

and what does that mean for you it

means join the Trump atomics course like

you're running out of time here I I I

just need a a period of 3 hours to sit

there and I'm I'm raising that price at

least 120 bucks so it's like a almost

30% bump here actually that's about 30%

uh and then uh between uh you know once

I raise the prices over the next day or

so when I get to it uh then we'll

probably pit stop at like

690 and you know by the time the content

gets out because it's on pre-sale it's

going to be even higher so we'll see

some something like that not

predetermined right now but it's going

to be something big so anyway check that

out at me kevin.com uh look I just want

to apologize I want to be live I I want

to be here with y'all uh more frequently

but there's just there's so much going

on so just on a personal note uh it is a

lot I do feel a

little um overwhelmed but I'm trying to

balance it we've got some great things

going on with house Haack we've got

great things going on with roboh Haack

we've got great things going on uh with

the family everybody's healthy

everybody's happy uh you know we've got

some some Renovations going on we've got

adus going on with with house act uh

investors new

investors uh you know helping employees

grow test learning constant studying uh

managing the channel you know whatever

it's a lot and I really enjoy it uh the

alpha report for example Daily Wealth

man the last three days I think I've

missed and is hasn't been Daily Wealth

it's been like twice a week well I I I

got I'm mean I got to get back on the

groove of that sorry so um I love you

all uh

hopefully uh if if I could just say from

the bottom of my heart I'm here with you

I love you all really

I wouldn't be here uh with you without

you right uh and and I just want to stay

on this journey with you I mean look I'm

32 I've got no intentions of ever not

being here and whether I'm right or

wrong I'm just always going to tell you

my opinion I'm going be here for you all

the time so uh thank you for being here

for me thanks folks we'll see you bye