I’m Pissed: Elon Musk is Turning into a Clown, Idiot.

Elon Musk is absolutely losing it and he

needs to shut the f up actually having a

new CEO for Tesla might not be that bad

since that was a rumor that was

circulating last week part of me is

starting to actually like the idea

because I think Elon Musk has become a

little bit unhinged in this video we're

going to talk about that and how it's

affecting Tesla's stock given that the

stock is down over four percent today

while the NASDAQ is flat now this could

be due to substantial tax loss

harvesting because Tesla has performed

very badly this year not due to

fundamentals at all the fundamentals of

a Slowdown in China should represent a

nominal impact to the fundamentals of

Tesla stock especially since we can

export a good chunk of vehicles not sold

in China and of course we can make other

adjustments to ensure that as many

vehicles Tesla produces are actually

sold whether those are to rental car

companies or shipped to Europe or to the

United States or other parts of Asia or

otherwise the demand being fulfilled

should not be the issue the real issue

that is dragging Tesla stock down is

very simple it's that Elon Musk bought

Twitter using Tesla stock Elon Musk has

openly said that he finances Twitter

losses with Tesla stock Elon Musk has

openly told us on earnings calls oh

Tesla one day will be worth as much as

apple and Saudi aramco combined but then

sold 20 billion dollars worth of Tesla

right after those comments

seems a little Saucy something that

isn't really something that we want to

see a long-term supporter of Tesla stock

do now look we understand it's okay for

entrepreneurs to have their own

Ambitions but the Twitter ambition is a

massive overhang on Tesla stock because

it's essentially the piggy bank the more

volatile issues are at Twitter the more

Tesla stock suffers because the

expectation is that fewer and fewer

advertisers will actually be able to go

to the Twitter platform leading to a

greater risk of losses at Twitter and a

greater risk of losses have at Twitter

potentially means Elon Musk selling more

stock it was just last week that Elon

Musk apparently in discussions rumored

and reported by Bloomberg was in talks

to potentially margin uh or I should say

refinance up to 13 billion dollars of

Twitter debt using his stocks as a

margin collateral is Tesla stock that is

to lower the interest expense at Twitter

so if you're a Tesla investor you are

extremely righteous to be frustrated

over Elon musk's Twitter acquisition

however I do have confidence that Elon

Musk will rightfully clean up uh Twitter

uh via its expenses and and I believe at

some point it will become profitable

that is of course unless Elon Musk walks

off of well a cliff which seems to be

what he's doing right now with his

polarizingness Elon Musk has always been

someone who's been cheered always been

someone who's been respected by the vast

majority of people yet unfortunately

when Elon Musk walked out onto stage in

San Francisco at the Dave Chappelle Show

just recently

it sounded like there were more booze

than cheers even though Elon Musk

suggests that nah 90 were cheers and 10

were booze it was just the loud extreme

lefties

it sounded like there were a lot of

booths and reportedly according to

Breaking points the Twitter account that

posted the video of Elon Musk getting

booed

is now deleted from Twitter which almost

seems to stand directly in contrast to

Elon musk's Free Speech uh protocols at

Twitter if that is what happened maybe

that's not what happened nobody knows

maybe somebody created a burner account

and deleted it to try to set that sort

of thesis up right entirely possible

nobody knows but here's the reality

Elon Musk is an executive he needs to

behave like an executive we know he's

had issues with this before that's why

he's gotten in trouble from the SEC you

listen when you are under somebody

else's institutions like you are a

publicly listed company under the

jurisdiction of the SEC you need to

respect the jurisdiction you have to

respect the law enforcement of uh of of

of Securities and that is the SEC and

Elon Musk has been fined for

disrespecting them he's publicly

ridiculed them just trying to do their

jobs look if it look if you mess up and

you make a mistake it's okay to be

frustrated but at some point you also

have to realize that if you left up you

have to up you know people go through

those realizations I go through those

realizations and I realize like look you

know if you have up you break the rules

and get in trouble that's just the way

it works it's just the way it works

but the problem is not so much elon's

disrespect now for the SEC it's his

disrespect for people's political

beliefs see something that you have to

remember is Democrats are roughly twice

as likely to buy an electric vehicle as

Republicans and in my opinion your goal

as as a regular human being in society

should be to try to appeal to 80 of

perspectives right you you don't really

in my opinion need to appeal to the far

left or the far right

because I actually think those fringes

are not very normal and just by the

definition of a bell curve with 80 in

the middle and 10 on each side normal

would be defined as what's in the middle

I really consider myself substantial in

the middle person politically there are

things on the left I like there are

things on the right I like you could

look at my 20-point plan when I ran for

governor in California I called myself a

JFK Democrat I stand for common things

that I think we can all agree on

financial education in schools solve

homelessness build more housing so we

don't have a housing affordability

problem these are these are normal

things we should all stand for of course

we might disagree with how to handle

those things but I did not run a

campaign on the ideology that I need to

go out and make sure people stop using

pronouns or uh you know try to go kill

wokeism or whatever like if you if you

know one side says well go woke go broke

and the other side wants to go well I I

don't care about the extremes I care

about the middle and if I'm an executive

of a company that is trying to attract

advertisers even and though I want to

promote free speech I want other people

around me to have Free Speech but I

wouldn't want to say things that I might

think but freely say those things if I'm

actually trying to attract advertisers

nobody's taking away your speech but if

you say things that are stupid and

advertisers pull out now you're just

conducting bad business so I want to be

very clear about that some people when

they hear me say Elon should shut the f

up they think Elon should be silenced

it's not what I'm saying like let other

people say the crazy extreme things that

you want to say give this stuff to

journalists and let them say it right

like that's okay but when when you are

an executive trying to attract

advertisers you're just conducting like

yes you're using your free speech that's

fine I I'm totally okay Elon Musk with

you having those opinions but when you

shout them out at the world you're fine

using your free speech that's okay but

you're making a terrible business

decision for Twitter leading people to

pressure advertisers to cancel there are

tweets with tens to hundreds of

thousands thousands of replies of

individuals tagging companies like

T-Mobile going T-Mobile you see what

elon's doing you guys are advertising on

the platform why are you still

advertising people are pressuring

writing to to T-Mobile stop advertising

on Twitter

that happens at scale it's such a stupid

business decision because now Elon Musk

you are burning people who gave you the

wealth you have your investors you're

burning people who are trusting you in

Twitter because you're screwing

advertising potentials and you're

burning people who trusted you would

potentially still trust you investing in

Tesla by being a loose cannon

I tweeted the other day that I think

Donald Trump is actually on Twitter he's

just on Twitter under Elon musk's

profile because he's being very divisive

but Donald Trump made money from being

divisive the business decision was the

more divisive you are the more money you

get from your Republican base for Elon

Musk it doesn't work that way the more

divisive you are the more advertisers

you lose because what advertisers want

to attract well if you're my pillow

maybe you want to attract the right but

if you're 80 advertisers you want to

advertise to 80 of people where the bulk

of people are you're pissing people off

it's frustrating so look it's a buying

opportunity if you are somebody who says

look the fundamentals of Tesla sound

don't worry about this this is just you

know short-term drama or whatever great

that's a wonderful mindset to have

that's phenomenal and I agree I don't

think the fundamentals for Tesla have

changed at all

but you do have a loose cannon running

the company now on Twitter uh and that's

bad let's go through some examples this

is okay right de-platforming the

president continued right the Twitter

files I support this you're letting

journalists share the story and you're

bringing attention to it I'm okay with

you bringing attention to political

problems I'm okay with this here migrant

Caravan uh passing into El Paso or

whatever Elon Musk are playing wow

that's okay great bring attention to

these issues totally fine this is

ridiculous this is stupid the branch

covidians are upset okay so Branch

covidian used to be somebody who was

like

so the old school Branch covidian was

like super anti-vaxx and like super

anti-everything right now a branch

covidian is somebody who's considered

somebody who's like Pro lockdown uh so

the definition has kind of changed a

little bit so really what he's saying

here is like oh no the far left you so

seem to have upset them uh and it's just

not good because now he's getting into

these political discussions like when

people talk about vaccines he says oh

somehow the nation of Sweden is fine

well so he's sending this implication

that oh okay well if if Sweden is fine

maybe vaccines don't work in the context

of his thread which in our effort to

save time here I'm not going through all

of it and he's not wrong I mean Sweden

to some degree has a substantially lower

excess death rate than other uh

countries it's in fact in one of the top

two right next to New Zealand but that's

not necessarily just because uh oh

vaccines don't work in fact Sweden is

substantially more vaccinated than we

are their vaccination rate is about four

to five percent higher than us not only

that they deem to be based on on studies

that are still being conducted now I

mean it'll take probably decades before

we know the true reason why Sweden is

doing so well but the expectation is

that Sweden is actually really good at

keeping people vaccinated who are in

those high risk groups whereas the U.S

kind of had this all right everybody get

vaccinated and now people are kind of

dropping off they haven't gotten their

boosters or whatever especially the

high-risk groups so you potentially have

a higher mortality rate in the United

States if you look at the bottom here in

the United States you could see the 10

least vaccinated states in the United

States have an excess death rate in

excess of I believe it's 193 yeah in

excess of 193 excess deaths per hundred

thousand the 10 most vaccinated states

in the United States are somewhere

around

63 excess deaths per 100 000 and that is

in line with Europe with the exception

of Sweden which sits at about 32.4

excess deaths per 100 000 which is

really good but when you actually look

at doses per person or per um this is

doses per 100 people Sweden has about 20

percent more doses out per 100 people on

average than the United States and it's

possible that those doses are going more

directly to the vulnerable populations

you know your 60 70 80 plus

uh and so I think the Health Care system

has substantial advantages in Sweden but

it doesn't mean that they're anti-vaxx

it just means that they're prioritizing

people who are most likely to benefit

from the vaccine rather than be then be

injured right

uh like anyway so so the point is like

you see how long it just made me it took

me to make that point it's there's so

much more detail that I just gave no

matter what side of the vaccine debate

you're on uh and you know I'm not I

don't think people should be forced to

take the vaccine I do think if you're

over 70 80 it's probably a good idea

like there's probably more risk of you

not taking it when you're over that age

but I'm not a doctor so I don't want to

impose that opinion that's just maybe

that's the mainstream opinion okay I I

don't know again but my point here is

look at how much information I just gave

to at least make an argument versus how

limited this is somehow the nation is

like this just promotes cynicism and

that's not good or this my pronouns are

prosecute fauci and the truth resonates

this is my my uh Donald Trump is on

Twitter he's just using elon's profile

tweet

uh here he is responding to uh uh to

unhinged leftists or whatever note the

thing about prosecute Foundry okay so

this has to do with Wuhan uh fauci went

to Congress and told the national uh it

told Congress that the National

Institute of Health has not ever and

does not fund gain of function research

in Wuhan Wuhan is where the idea is that

the coronavirus was engineered and there

was a lab leak and that's how

coronavirus get out got out which is

potentially very credible that that is

what happened uh and uh the the idea

here is that gain a function research

basically makes a certain organisms more

effective so for example you could

enhance bacteria uh to to improve uh the

function of certain things you can

improve the function of insulin you can

uh you know alter an organism like a

virus and make it more uh contagious so

you could can study the the spread of of

contagious diseases like coronaviruses

remember uh the common cold is caused by

four different types of coronaviruses

human coronaviruses so coronaviruses are

very very very normal colds the the

covid-19 that we think of uh and then

the strains of that Delta Omicron and

that those are just more severe forms

right uh so yeah to some degree some

people actually have found in research

that if you had a cold and then you got

exposed to covid you could actually have

substantial immunity because there are

similarities in the cell body of the

common cold to covet very very

interesting but anyway

apparently then the National Institute

of Health later came out and said the

research we supported in China where

coronaviruses are prevalent sought to

understand the behavior of coronaviruses

circulating bats that have the potential

to cause widespread disease the body of

science produced by this research

demonstrates that bad coronaviruses bad

coronavirus sequences published from the

National Institute of Health supportive

were not SARS cov2 so in other words now

you have this kind of blurry thing where

it's like wait so the United States did

fund coronavirus research just not cov2

research like covid-19 research at Wuhan

this kind of makes it seem like fauci

didn't tell us the truth did he know I

mean he is the director of the

infectious diseases department at the NH

NIH or did he purposely like try to

loophole and evade that right anyway

that's just politics okay that stuff and

I'm not like forgiving each side here

I'm just saying like this kind of stuff

when so many people hate Foundry but so

many people respect him does enrage

certain people you know know and

especially if you start saying that like

here here's here's Scott Kelly an

astronaut replying going Elon please

don't Mock and promote hate towards

marginalized groups like lgbtq or or

people like fauci who whose motivation

has always been saving lives personally

I have a little bit of an optimistic

bias in people that I think people want

to do the best that they can with the

information they have available I do

think there are Crooks like sandbankment

freed uh but uh you know this is where

Elon responds and says no you know fauci

lied uh and uh that killed millions of

people not awesome and he's really

referring to the idea that well if

because fauci lied about the research we

funded covet killed millions of people

it's it's stretchy right like I I don't

know that you could say okay because

because he wasn't fully transparent

whether he knew or didn't he killed

millions of people right

uh and I know that's not exactly what

he's saying but that's the implication

here right it's just this is the kind of

extreme fringy stuff that yeah is a

discussion that's worth having we should

research all of this but should the CEO

of of Twitter be doing this no let you

know journalists and and other users of

Twitter and and uh professors should be

studying this or or you and me we should

research and try to share our opinions

on this but somebody who's trying to

attract advertisers is just making a bad

business decision fighting uh you know

woke is um or trying to fight covid uh

information or whatever right uh you

know and then you get into these debates

about oh are pronouns mocking people or

not uh and you know Elon picks out the

people who support him and ignores the

people who don't support him the point

is it's fine if you want to do this but

when you're trying to attract

advertisers don't be surprised if

advertisers leave it's that simple and

if advertisers leave Twitter does worse

and therefore Tesla uh stock potentially

goes down more because Elon has to sell

more to find Twitter and this drama and

it's just like

again it's okay in my opinion to bring

attention to this I'm never suggesting

anybody should be silenced

but Elon should chill the F out a little

bit uh it's just not fair to the people

who are trying to support him uh it is

not fair to ostracize people who are

trying to support him there are people

sending me messages about how they're

canceling their orders and that's going

to trickle down over to the rental car

companies too you know if Hertz is like

well people politically don't want

Teslas maybe we stop buying Teslas you

know just bad

anyway thanks for watching it's very

frustrating uh I bluntly think Elon

needs to shut the f up

that's my take again bring attention to

stuff but but stop with the extreme

stuff let somebody else do that okay

simple