Retail JUST U-Turned on Tesla Stock.

oh my goodness we gotta talk about Tesla

and potentially the dealership model

coming oh my gosh it's a disaster we got

to talk about retail that's buying Tesla

we got to talk about the Mexico Fab I

don't know if I could borrow that term

from chips Fabs fabrication facility

probably not Factory gigafactory we'll

call it that we're gonna talk about the

long term for Tesla and then this crazy

new patent that Ford just filed a lot to

talk about let's hop right into it okay

first things first

Mississippi where there's literally like

one Tesla store just to introduce this

bill which is sitting the Mississippi

legislature did just introduce this bill

right here it's sitting on the desk of

the governor to sign

and it basically creates these

exemptions uh suggesting when an

automotive company can operate their own

dealership networks and when they can't

and the problem is if this gets signed

Tesla might have to close its very only

Tesla store in Mississippi and so it's

on the governor's desk the legislature

passed this bill on Thursday and it's

aimed at restricting electric vehicle

manufacturers from opening brick and

mortar dealerships unless they comply

with the same laws followed by

traditional car makers basically the

dealership model now obviously buying

direct is so fantastic because you don't

have that middle person adding you know

five to ten percent as a markup the

dealership model is obviously built

around service and this is not to bag on

car sales I want to be very clear if you

are in car sales you are learning so

much in terms sales skills that even

when dealerships go away in the future

which I think they will it'll be a while

it'll probably still be 20 30 years many

of you who are in car sales right now

are gonna be like Kevin I don't care

I'll be retired by that and that's fine

I just want to make sure you know like

I'm a I I don't disrespect sales people

at heart that's that's what I started as

and I actually think starting in like

door-to-door sales or Car Sales is just

getting thrown into the fire pit of

actually knowing how to close the deal

fast like that's how you learn a lot in

sales really fast so aside from from

apologizing to the sales people let me

now move on from saying I have nothing

wrong I have no qualms with sales people

but the dealership model is Antiquated

it's garbage it's going to go away it

will die the dealership model will die

now that's not to be confused with the

real estate dealership model basically

where real estate agents help people buy

sell I don't think that's going away

that'll take another 100 years for that

to go away I expect uh that'll probably

that'll happen in the future but not

anytime soon cars are next but here

you're actually seeing Mississippi

introduce a law that will move companies

backwards and basically a force the

closure of of Tesla's store in

Mississippi uh and and basically see

look at this Tesla has one facility in

Mississippi where customers can buy

vehicles in person but it's classified

as a store and not a dealership a

distinction that allows the company to

operate outside of state laws governing

the franchise business but this Bill

signed into law if signed into law would

not allow the store to stay open unless

this enters into a franchise agreement

now what Tesla could do to circumvent

this is basically just create and spin

off a money losing franchise and fund

the money losing franchise I'm sure

there's a loophole around this do I

really think this has any big

implication on Tesla no what maybe has

more of a a potential impact on Tesla is

the fact that apparently Tesla just

actually recalled

3470 Vehicles because bolts securing the

second row seat back frames may not have

been securely tightened enough

not a big deal stuff like that happens

obviously take it in get it fixed you're

unfortunately not going to be over able

to over the air update that but I do

think it's interesting that Mississippi

is basically trying to go backwards uh

and and obviously this is going to be

the dealership unions and dealerships

fighting for this and in a place like

Mississippi they might actually still be

able to pull it off whatever maybe you

might have to order your Tesla from the

state next to it or you'll have a money

losing franchise that Tesla's set up to

make it happen whatever uh there are

ways around all of this but what's more

interesting is actually that Tesla could

potentially start making cars in Mexico

next year

in 2024

that'd be pretty damn fast that means

they'd have to get this sucker built in

the next 12 to 18 months now I

personally think Tesla is playing very

smart 4D chess out there oh hold on let

me pause for a moment there's this guy

called FTX Sam so Sam bankman freed I

guess who says Kevin is the biggest

Tesla Shield out there

dude there are so many Tesla Fanboys who

have their heads so far up their ass

that all they care about is bullish

stuff on Tesla like I I try to be

neutral man like I'm a I am a big

testable

I am a big long-term Tesla investor

Tesla has the biggest allocation in my

ETF personal allocation like I am a

Tesla

but there are some people that have

their self their heads so far up their

ass that you say one bad thing about

Tesla they hate you and I'm like man

whatever man

but no I am not the biggest Tesla shell

out there there are lots of Tesla

Shields that have way more

so on the scale of Tesla shells I think

I'm on the low end of Tesla shells

I'm in the poverty end of Tesla shills

if you rated it by by sort of like level

of of chillness try to be neutral but

anyway so what do we have here oh yeah

so I think Tesla's playing 4D chess here

because when Tesla says oh we're gonna

start making the cars next year what

they're really doing is they're

manipulating the politicians okay think

about this folks think about this it's

4D chess

Tesla is not saying we might start

making cars in 2024. they're having the

politicians say it now what does the

politician have to make sure of

Tesla I said you would start making cars

next year What's it gonna take

Tesla's gonna go well sir we're gonna

need those permits to be expedited no

problem you need your permit

here it is

because the politician made the

commitment not Tesla it's so brilliant

look there are some things that piss me

off a lot about Tesla okay I'll say it

and I'll say it again

their presentation was an unorganized

disaster their presentation skills are

hugely bad

okay their investor day was at least on

investor day a middle finger it was sort

of like here's the Thousand piece Tesla

puzzle thrown on the ground nobody put

it together now the pieces were

fantastic the more and more we picked up

the pieces were like oh damn this is

actually pretty good damn yeah this

puzzle actually looks pretty damn nice

but their presentation skills one out of

ten their engineering skills 20 out of

10 okay they can fix that easily a

little bit of work on the presentation

would make them hugely better at

presenting okay and that's where like I

get like a lot of hate from the Tesla

Community because

Kevin's just a Trader then good Lord

good Lord being in the middle sucks

really I felt that when I ran for

governor as well you were you're in the

middle the left hates you the right

hates you you're in the middle the Bears

hate you the bulls hate you everybody

hates you but that's okay I have coffee

and alcohol to help me

hmm

oh that Patron's a little strong I mean

that coffee's a little strong anyway

okay so so continuing on with this New

York Times article here uh New York

Times

Tesla Factory in Mexico Nuevo Leon will

cost five billion dollars we'll employ

up to 7 000 people and could start

churning out cars as early as next year

look at the politician making that

commitment 35 year old Governor getting

manipulated by Tesla good job Tesla you

guys are kicking ass again here over

time Tesla could double or triple that

initial five billion dollar investment

these opportunities I think happen every

100 years dude this this Governor is so

jazzed he's he's basically like he's

wetting his pants over how excited he is

that Tesla's coming and this is like the

perfect 40 year chess because a lot of

the Mexican politicians have been too as

the New York Times here says criticized

for being too slow to embrace green

energy

and now guess what what's happening over

here look at this one over here uh the

auto body painting process is Central to

the manufacturing process uses a lot of

water raises the question about how

Tesla is actually going to get enough

water for their Factory okay so the New

York Times provides that but listen to

the counter right away you ready for

this you ready for this

the politician immediately points out an

array of new infrastructure projects

including an aqueduct and a dam saying

he will ensure a steady supply of water

okay because I need Tesla

you know Elon Musk is just sitting there

twiddling his thumbs right now going

that's the right step bro you stuck

oh it's actually like just totally

brilliant it's so brilliant uh you know

you've got uh you've got Volks you know

New York Times kind of gives a little

shout out to Volkswagen who wants to

create the first mass-produced brand uh

uh bring back sort of the scouts

mass-produced brand of off-road vehicles

in the EV segment they're going to be

building a facility apparently near

Columbia South Carolina to produce

trucks and off-road vehicles by 2026.

who cares you got Ford Chevys

Volkswagens Beemers and other cars being

manufactured in Mexico whatever here's

interesting under the inflation

reduction Act passed by democrats last

year electric cars and batteries made in

Mexico are eligible for federal

incentives not available to Vehicles

made in Asia or Europe Vehicles made in

Mexico have long been shipped to the

United States and Canada duty-free Tesla

like other manufacturers will have its

own lane at the border allowing trucks

to clear customs in minutes rather than

hours well I guess the politicians are

like whatever you need

and listen to this the politician here

has been told by Tom Zoo who leads

Tesla's Factory operations that guy's

probably gonna become the CEO one day

that the company wanted to build the

plant faster than their Chinese Plant

their Shanghai a plant absolutely crazy

absolutely crazy really really

incredible really really impressive so

uh congratulations to your Tesla on

playing 40 chess with the politicians

now we've got to talk uh we got oh yeah

oh my gosh yeah

oh look at this here ready for this

where is retail buying okay so you've

heard me say this probably 17 000 times

before let me just give you a quick

reiteration and then I want to uh uh

shout out oh actually I'll shout this

out first

and then I want to tell you the new

information so anyway I do want to shout

out the Tesla takeover you could I think

it's go you could go to like Tesla

takeover just Google it but I think you

could go to teslateakeover.com uh

they're doing an event in San Luis

Obispo July 29th to 30th I am too lazy

to drive there so I will be flying there

like a total lazy bum uh but I will be

popping in uh I I'm invited uh to to get

made fun of by the extreme Tesla bulls

and to speak to the uh Normie uh normal

people like the people who are not like

super bullish but the people who are

like normal Tesla investors but anyway

it's going to be a really really cool

event I think uh hopefully I don't get

too many tomatoes thrown at me for

bringing realism but hey look at that

here I am meet Kevin uh rosker will be

there Gary black will be there and got

Farzad will be there Sandy Monroe uh

you've got May musk it's pretty cool

that's awesome Elon musk's mom so anyway

that's pretty cool

so uh anyway what do we got over here

uh yep we've got Tesla stock is now more

popular than every or than ever among

individual investors now why is this

important well it's important because

remember Tesla Elon Musk sold Elon sold

24 billion dollars in 2022 right retail

bought about 15 billion so that left

about a 9 billion dollar deficit of

huddle money it's kind of like the way

you have to look at a stock and this is

really important okay when you look at a

stock think about it kind of like the

Earth's crust for a moment

and the stuff down here at the bottom

like this really really like hardcore

like iron and stuff like that that's

like the hardcore huddle Foundation it's

like the iron the Limestone like the

really hard stuff right those are your

hodlers on top of that you got all the

trading noise right well what Elon

basically did by selling for for Twitter

and you can't blame them okay he wanted

to buy Twitter whatever he can do that

that's his right he basically mined away

like a big old chunk of the foundation

right here and basically created a

sinkhole for the stock to slip into okay

but what is retail done today look at

this retail so far this year has spent

13.6 billion dollars buying Tesla stock

they are rebuilding retail you

individual investors are single-handedly

rebuilding the foundation Elon sinkhole

congratulations that's freaking awesome

already 13.6 billion dollars look at the

chart of retail buys this is absolutely

insane net purchases of Tesla by

individual investors five-day moving

average I mean I don't know what it is

but basically I think everybody started

tax loss harvesting over here in

December or or right there January

because you had just like this explosion

over here the bottom was over but you

actually did have quite a bit of buying

over here in November December as you

know some people were paper handing or

paper you know tax loss harvesting or

whatever tax expenses who knows

but uh I actually uh launched my ETF

probably somewhere around what November

if that's 2022 probably somewhere around

here which is really interesting kind of

good timing on that I suppose but anyway

uh very very cool

very very cool that uh Tesla retail

investors are going nuts buying again uh

this is uh it's worth noting that Weeble

has uh let's see a portion a proportion

of accounts that Weeble Trading

Tesla climbed oh the proportion of

accounts at Weeble training Tesla was 18

in February that was just four percent

six months ago Tesla Reigns Supreme on

our platform we saw a huge spike in

December they say

and they also the Wall Street Journal

here goes on to say that uh Tesla is now

outpacing QQQ

apple and Amazon oh quick fun fact as

sort of just a reward for those of you

who'd stayed to the end of these videos

if you hold if you huddle QQQ

I highly encourage you do something else

you ready for this

I want you to look into QQQ

m

ah you might be like what what the hell

is that

compare the fees that's all I'm going to

say the expense ratio on QQQ is 20 bips

QQQ and these are you know passively

managed they're not like an active

managed fund so of course the bips are

lower 20 bips on QQQ

m is exactly we're told exactly the same

thing

and the expense ratio a Weeble doesn't

even show the expense ratio but the

expense ratio is a fraction

of QQQ

and the only reason is

because they Market QQQ and they don't

Market qqqm

so they're like hey I mean if we can

milk more money on QQQ why not

ah bet you didn't know that

anyway I appreciate you all being here

thank you so much uh I I I uh I

appreciate I know there are a lot of

quiet supporters out there I would

probably say 90 of people who watch me

are quiet supporters appreciate the

perspective and you've got like maybe

eight nine percent loud supporters and

then they're like one or two percent

really loud haters but I have to even

thank them I mean for some reason they

keep coming back too so I think what it

is is I I just come across as like very

punchable

um

I don't know why

I haven't figured it out myself but

everybody's like I want to punch you in

the face until I get to know you and

then I like you

anyway thank you all appreciate you

we'll see you soon