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Elon just BLEW me… away

12m 34s2,757 words383 segmentsEnglish

FULL TRANSCRIPT

0:00

hey everyone me Kevin here coming to you

0:01

from a delicious little juicy Little Spa

0:03

here but you know this is not my only

0:05

fan so I can't take my shirt off you

0:07

know in this video we're going to talk

0:09

about Elon Musk got to keep it

0:10

professional we're gonna talk about what

0:11

Elon Musk uh mentioned over the last

0:13

couple days a lot of different things

0:15

and I'm gonna give you my opinion on

0:17

some of these things as well so we'll

0:19

try to keep this concise and give you as

0:20

much information as possible as quickly

0:22

as possible so let's hop right into it

0:24

look on the Twitter front Elon Musk has

0:26

been confronted with the idea of why

0:28

don't you just make your own platform

0:29

kind of like a truth social right and uh

0:31

Elon Musk agreed and responded on

0:33

Twitter that he could probably create a

0:34

Twitter competitor for less than a

0:35

billion dollars I mean that's a lot of

0:37

money if you're making a startup tech

0:38

company right like that's at least I'm

0:40

pretty and fun then honestly

0:43

but uh Elon Musk mentions that Twitter

0:46

currently is in his opinion the least

0:48

bad Public Square uh and he thinks he

0:50

can really improve Twitter by just

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honestly getting started by getting rid

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of the Bots and scammers and the

0:55

unverified people trying to rip people

0:57

off uh you know verify humans is is

0:59

going to be one of the priorities for

1:01

Elon Musk uh and uh he believes that

1:04

Twitter needs to have an even bias I

1:06

think this is really neat because right

1:07

now obviously at least the impression is

1:09

that Twitter has a pretty left bias this

1:11

is why Elon Musk wants to rein restore

1:13

Donald Trump's access to Twitter so that

1:16

way individuals who are on one side of

1:18

the political Spectrum don't believe

1:20

they're alienated or have to self-censor

1:22

what they're saying if somebody says

1:24

something wrong in a Public Square then

1:26

let other people debate them but we

1:28

don't need like the ministry of Truth

1:29

coming in editing people's tweets or

1:32

Banning people because that's the last

1:34

thing we want because then all of a

1:35

sudden that makes you think yeah okay

1:36

maybe our speech isn't as free as we

1:38

really thought it is so Elon believes

1:40

that you kind of have to make the far 10

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and the far far left 10 on the far right

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10 equally unhappy and everybody else as

1:48

happy as possible and as free as

1:49

possible in accordance obviously with

1:51

the law now Elon and his uh interview

1:53

with the financial times was asked well

1:55

hey how is how's this whole thing gonna

1:57

affect commercially uh Tesla and he says

1:59

look we're gonna sell all the cars we

2:01

can make in fact we have so much demand

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for cars that we're actually thinking

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about pausing reservations on new

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vehicles because it doesn't make sense

2:07

for people to have to wait for more than

2:09

a year this ironically is like a genius

2:12

marketing move because it's already led

2:14

to a lot of commentary from individuals

2:15

that that's it I'm going out and

2:17

reserving my Tesla now even if it takes

2:19

me a year I just want to be on the list

2:21

because I don't want to get cut off I'm

2:23

seeing a lot of that kind of anecdotal

2:25

evidence right so it could be a really

2:26

interesting boost in a quarter where

2:28

Shanghai production has really slowed

2:30

down production for Tesla like

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substantially but could be a boost of uh

2:34

sort of those wait times which would be

2:36

a positive indicator to investors of

2:38

course now uh Elon Musk was asked how

2:41

confident is he that the acquisition is

2:42

going to happen he says look at Sonic

2:44

done deal best case scenario two to

2:45

three months a lot of a special purpose

2:48

Vehicles being created to get people

2:50

into the Twitter deal uh you know

2:52

whether or not the Twitter deal happens

2:53

is a big deal though because if it does

2:55

happen and you're part of some sort of

2:57

special purpose entity to get in uh then

3:00

then yeah I mean a lot of people are

3:01

hoping it's going to be an easy double

3:02

or triple in a few years but if the deal

3:04

doesn't go through the the stock

3:06

probably drops to like 25 bucks I said

3:08

you know I think it's just gonna follow

3:09

the nasdaq's path and uh based on its

3:12

beta would take it honestly down past

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even under 30 dollars uh so uh now Elon

3:17

Musk was asked about are you able to

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make 20 million vehicles per year and

3:22

Elon Musk mentioned look that is an

3:24

aspiration not a promise but yeah that's

3:26

an aspiration of uh Tesla to make 20

3:28

million vehicles per year and what's

3:30

Wild is

3:31

Tesla's really blowing everybody out of

3:33

the water I mean all of the EV

3:35

competition is having ridiculous amounts

3:37

of challenges and this doesn't mean that

3:38

Tesla is Challenge free but they're

3:41

killing it uh especially compared to the

3:43

likes of Rivier and Lucid only two with

3:46

any substantial market cap left a lot of

3:48

the other companies have have lost so

3:50

much market value even companies that I

3:52

like like Neo but then look at like

3:53

Lordstown or Workhorse it's just

3:55

devastating now uh you know Elon

3:58

believes a quick note before I forget if

4:00

you want a totally free stock make sure

4:02

to sign up before public you can get a

4:05

free stock worth all the way up to a

4:07

thousand dollars and public is great

4:09

because they don't take money from

4:11

payment for order flow standard stock

4:13

trades are commissioned free and they're

4:16

a social platform where you can see

4:18

other people's trades the actual they

4:21

actually make so it's transparent it's

4:23

really cool all you have to do is go to

4:24

public.com meet Kevin you'll receive a

4:27

totally free stock valued up to one

4:30

thousand dollars once once you open an

4:32

account make a deposit really cool so

4:34

once again go to public.com meet Kevin

4:36

receive a totally free stock worth up to

4:39

a thousand dollars once you open an

4:40

account and make a deposit check them

4:42

out public.com meet Kevin so that Tesla

4:45

is is going to be a huge innovator for

4:48

batteries and solar and clean energy for

4:51

the Earth and ultimately he believes

4:53

that the entire Earth could be powered

4:55

by the sun's energy solely by the sun's

4:57

energy and and wind for the times that

4:58

we don't have the sun's energy but

4:59

batteries win the sun uh can can fully

5:02

cover the Earth's energy even if the

5:04

Earth was 10 times to 100 times larger

5:07

Elon says on Twitter

5:09

sun and wind is enough and so really if

5:11

you think about it

5:12

Tesla is an investment into solar

5:14

batteries electric vehicles probably an

5:17

electric Optimus robot unless for some

5:19

reason Elon goes with a gas robot doubt

5:22

it kidding anyway now uh regarding the

5:25

next goals for SpaceX he mentions that

5:28

the goal is to get the first Starship

5:29

launch done within the next two or three

5:31

months and then he mentions the window

5:33

to Mars is only about every two years so

5:36

maybe a test flight within two or three

5:37

months every two years you have a sort

5:39

of a window to fly a crew potentially to

5:41

Mars but we're probably still about

5:43

eight years away from actually being

5:45

able to do that uh Elon then talks a

5:47

little bit about manufacturing which

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we've heard before uh you know what's

5:51

the most difficult part it's not

5:52

prototypes it's manufacturing we already

5:54

know that are you planning to build a

5:55

plant in Indonesia or the UK Elon Musk

5:58

to this says no but obviously we're

5:59

expanding the Shanghai facility with an

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additional now potential capacity of an

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extra 426

6:05

000 vehicles per year which is quite

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wild really really cool uh now you know

6:10

then there was a question about hey what

6:11

about the people who have died you know

6:13

driving Tesla on autopilot uh you know

6:15

is is that worth the price or you know

6:17

are people's lives worth the the price

6:19

essentially of uh creating artificial

6:21

intelligence and Elon here kind of

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brushes this off and mentions look

6:25

you still need to supervise your car

6:26

it's it's a beta when it's full

6:28

self-driving and and the earlier

6:30

versions were not even full self-driving

6:31

they were just sort of autopilot right

6:33

with some tools that help you it's kind

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of like how planes have autopilot but

6:36

they don't have no pilot right they

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still have a pilot uh so uh elon's

6:41

approach obviously uh for Mass Market

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affordable markets he's really into cars

6:46

not a big fan of scooters he's also not

6:48

a fan of hydrogen really despises the

6:51

idea of hydrogen uh not interested in

6:54

really talking about any more details he

6:56

mentions but definitely open to the idea

6:58

of a smaller car for Tesla uh so then he

7:01

talks about the potential licensing of

7:04

full self-driving which he actually

7:05

believes will save lives not cost lives

7:07

so he kind of turns that argument around

7:09

but we've heard that before in the

7:11

future that would make a lot of sense I

7:12

mean this is after all what Nvidia and

7:14

Qualcomm are trying to do and they're

7:16

trying to come up with their own full

7:17

self-driving architectures so that they

7:19

can then license that out right uh so I

7:22

mean that obviously would be another

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Revenue stream for Tesla which quite

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frankly would be pretty much

7:28

probably 90 profit I mean that's huge

7:31

you know if cars are 30 gross profit

7:34

full self-driving could be 90 gross

7:36

profit I mean I absolutely insane when

7:39

and that's one of the things that I

7:40

think markets don't understand is

7:41

Tesla's not just a car company you're

7:42

really investing in a in a tech startup

7:45

like the tech startup part is really

7:46

just wrapped under the envelope of a car

7:49

company so anyway uh it uh you know then

7:52

there's some other talks about uh

7:54

opening up the supercharger Network

7:55

whether it's bringing uh the different

7:57

charging adapters to Europe or over to

7:59

the United States talks about how

8:01

tunnels are underrated and uh talks

8:03

about how wonderful it is they really

8:04

with tunnels you have a 3D space to

8:06

operate in right because if you dig down

8:08

a mile you could build tunnels on top of

8:10

each other and horizontally and with

8:13

land who can only build horizontally now

8:15

I personally ran a campaign for governor

8:18

on the platform that we should have

8:19

tunnels in California that we should

8:21

connect the Los Angeles airport downtown

8:23

Los Angeles downtown San Francisco to

8:26

suburbs you know maybe an hour outside

8:28

of the city but then connect them with

8:31

tunnels where Vehicles could travel

8:32

safely maybe 100 miles an hour so you

8:35

could get into the city with a distance

8:36

that would usually take an hour orb in

8:38

30 minutes and then now you can build

8:40

more affordable homes outside of the

8:42

city but still easily get people into

8:43

the city it's like

8:45

to me it just seems like a you

8:47

no-brainer they talked about how their

8:49

proof of concept is working really well

8:50

in Vegas how they're they voted uh in

8:52

Vegas to unanimously expand it he also

8:55

slammed on vetals which I thought was

8:57

really interesting vertical takeoff and

8:58

Landing kind of like the little hallies

9:00

he's like look we have helicopters they

9:01

make a lot of noise and there's a quite

9:03

high probability of some of these just

9:06

falling out of the sky so he was not

9:07

very enthusiastic about this especially

9:09

privacy concerts does not seem like it's

9:11

a motivator for him at all to get into

9:12

uh these uh electric vertical takeoff

9:15

and Landing vehicles at least not at

9:16

this point basically flying cars not

9:19

anytime soon in 2020 you said if Tesla

9:22

investors knew what you knew investors

9:23

would Panic about the state of the

9:25

company and he talks about the the state

9:27

of the sheer number of problems that

9:29

Tesla has had to solve and how he's

9:31

still working sometimes countless nights

9:34

and weekends without getting a lot of

9:35

sleep to solve a lot of problems that

9:37

Tesla still has even today he's trying

9:40

to help which I thought was very

9:41

fascinating because you know we've kind

9:43

of always thought that okay we know Elon

9:45

has from the floor of the factories

9:46

before but what's keeping them up right

9:48

now is it Twitter or still uh still

9:50

plans for Tesla I mean my guess as an

9:52

entrepreneur is both you kind of move

9:55

your attention between your different

9:56

priorities uh many people have asked me

9:58

is that a bad thing for Tesla personally

10:00

I don't think so it's it's um if I were

10:03

in Elon shoes and people like Are You

10:04

Gonna Get You Know distracted and not be

10:06

able to work on Tesla as much I'd be

10:08

like are you serious

10:10

uh anyway so um they kind of opened up

10:14

the idea about maybe buying a mining

10:16

company in the future but highly

10:17

rejected the idea of buying another car

10:19

maker which I've kind of agreed with

10:21

this that

10:22

somebody asked me I think it was in a

10:24

course member live stream like three

10:25

weeks ago hey what do you think about

10:26

Tesla just buying like another automaker

10:28

like uh you know what is it um what's

10:30

the Gore's one ggpi or whatever I'm like

10:33

why would you do that why would you want

10:35

lameo models when you can make your own

10:36

with your the margins the way you have

10:38

them like why would you want somebody

10:40

else's crap like you'd just be bailing

10:42

them out that was sort of my response

10:43

and you like kind of verified that now

10:45

this one kind of hit me personally

10:46

because I've always had a dream that my

10:48

children would work with me in the

10:49

future with whatever I do and so uh you

10:52

know he was asking do you think your

10:54

children will work at Tesla and he says

10:55

my older kids wish to do their own thing

10:57

which I support they want to make their

10:59

own way in the world which they do their

11:03

own thing and if they want to work at

11:04

Tesla or SpaceX I'd support them but uh

11:06

basically if they're not interested they

11:08

want to do their own thing fine uh and

11:10

like I'm all for that too but that's

11:11

also why I keep telling myself like well

11:12

if I have 10 kids maybe there'll be a

11:14

higher likelihood of my kids wanting to

11:15

work with me I don't know I thought

11:18

those were some pretty incredible

11:19

questions and some incredible insights

11:21

as well like it's it's it's quite

11:22

exciting for me to see some of these

11:24

things so these are just some updates

11:26

from Elon Musk honestly everything I

11:28

heard here just reiterates how bullish I

11:31

am for for Tesla and I know it's

11:34

I have to keep telling myself like Kevin

11:35

the market cap of Tesla Could Fall by

11:37

like 50 and it still looked like an

11:39

expensive car company and this is true

11:41

and honestly it might happen you know

11:42

I've been joking with my JPMorgan Banker

11:44

like I'll call you tomorrow when it's at

11:46

600. I was doing that since it was like

11:48

when it was 900 I'm like I'll call you

11:49

tomorrow when it's at 800 went to 800

11:51

I'm like I'll buy some more shares and

11:52

then I joked and I'll call you tomorrow

11:54

when it's 700. then then yesterday I

11:57

talked to him like I'll call you

11:58

tomorrow when it said 600 and today it

11:59

went to 690 and I'm like okay damn like

12:02

I gotta stop saying that so fair warning

12:05

I did not say I'll call you tomorrow

12:06

when Tesla's 500. uh but what I did say

12:10

is you should check out the programs on

12:12

building your long-term well to take

12:13

advantage of that expiring coupon code

12:15

link down below and folks we'll see you

12:17

in the next one remember you get

12:18

lifetime access to me in those courses

12:20

and uh you get first dibs on uh

12:23

potential for series a that we've got

12:25

coming up that's a big deal you want to

12:27

be a part of that anyway stay tuned

12:29

thanks so much and we'll see in the next

12:30

one bye

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