tesla stock is getting...

think there's a long list of reasons why

traditional Auto is going to tough spot

yeah I just have to jump in here and say

look if you haven't heard the news 10 .

Tesla is now partnering with GM and Ford

on basically making the Tesla Chargers

and the Tesla supercharging Network the

ubiquitous standard of North America

this is remarkable because in Europe we

use a completely different charging plug

in America other companies use this

different charging plug but the Tesla

charging plug has always been seen as

exclusive to Tesla well now all of a

sudden other car companies are actually

going to adapt to be able to use the

Tesla car charging standard especially

the car charging uh infrastructure the

the actual estimation Chargers and the

superchargers now what I want to say is

remarkable about why this is so

impactful uh is two things number one

and this is why the stock is moving so

much number one

obviously we know that an abiding

Administration is desperate to get more

electric vehicles out but in order to

get more electric vehicles out you need

more Chargers but even Ford can't even

make a profitable electric vehicle Ford

doesn't expect to be profitable on

electric vehicles until 2025. GM just

dropped a bombshell and indicated they

don't expect to be profitable on

electric vehicles until the end of the

decade unfortunately every Legacy auto

bull had the impression that oh electric

vehicles well of course Ford and GM will

lead the way because they have

experience you know what that's like

that's like the kind of crap I hear all

the time when people are like oh that

person's old that they have experience

and they'll be able to do the job right

I go age means nothing don't ever age

discriminate they're old people who are

very very smart and very very good at

what they do and they're all people who

just rest on their Laurels of their age

then their young people were very very

smart and they could figure anything out

it's really incredible and I think the

same is true for companies and we're

seeing exactly that happen so the Biden

Administration in my opinion is going to

shower Tesla with tax credits directly

from the inflation reduction act we know

the inflation reduction act has energy

infrastructure Investments uh slated for

somewhere around 380 billion dollars

however remember what Goldman Sachs told

us Goldman Sachs told us that these

energy infrastructure Investments thanks

to loose interpretations of the rules

passed via the inflation reduction act

which was probably intentional remember

the inflation reduction Act was supposed

to reduce spending but thanks to loose

interpretations by the treasury

Department after the law has become into

effect to the benefit of the Biden

Administration and of course energy

companies not money according to Goldman

Sachs is not probably going to be 387

billion dollars it's probably going to

be a lot more like 1.2 1.3 trillion

dollars in other words two or three x

what the Biden Administration and

Congress had suggested uh the spending

would look like a lot a lot of that

money I really believe is going to get

showered to Tesla to continue

out superchargers so even though other

car companies are going to start using

these Teslas we're going to see two

three four five x the number of charging

stations everywhere this is really a win

for everyone now personally I have a

little bit of this like this this innate

I think this is in nature okay I've

personally gotten over it but I do think

it's innate like you have this feeling

if you have a Tesla you're like that's

mine back off my charger I want the

charger available for me because I

bought a Tesla so back off take your

Ford and GM somewhere else

yes

that is a very real feeling that a lot

of Tesla owners are going to have

they're going to feel this this feeling

of wait wait a minute like okay well

it's going to take time for you to build

more Chargers out and that's true

there's going to have to be a balance in

how they sort of release the

availability of these Network Chargers

uh to these other companies it's not

going to be overnight by any means in

fact I looked on my map locally and most

of the Tesla Chargers were locked to

third-party vendors yet and I think

that's because they still want to build

more infrastructure before burning the

Tesla car owners so so I do think Tesla

is managing that balance and I think if

you're a Tesla investor you really have

to trust Tesla to manage that balance

and and not worry about it now but what

I do think is really incredible really

incredible is the following a Tesla

requires you use the app in order to

charge your non-tesla right well watch

this so this is the Tesla app now I'm

going to take one finger and there are

two things that you could do with one

finger

on this app

okay uh number one you could kind of put

it on the right side of of the phone and

I this is all about user interface right

this is incredible watch this if I put

it if I put my finger on the right side

of the phone and I swipe to the right

which is what you have to do uh or I

guess that would be a swipe to the left

but I move the screen to the right uh in

order to get to how to charge your

non-tesla Watch What Happens so I'm

going to grab here oops I accidentally

clicked order now oh was that

intentional

absofreakinlutely now I'm gonna scroll

my finger just one time oh it also kind

of ends on order now all right I'm gonna

keep scrolling oh there it is charge

your non-tesla so for you to actually

get to charge your non-tesla you have

the likelihood of accidentally clicking

order now but then if you swipe once you

still see order now

or best case scenario you have to swipe

twice which gives you plenty of an

opportunity to happen to look at this

order now button which is actually very

convenient because look at that the

first button is experience Tesla smart

free test drive come on by anytime not

that hard just click the button come

experience the Tesla look at how smooth

by the way the ordering screen is you

want to order a let's say a a Tesla

Model wide

there you go 7 500 tax credit potential

savings listed here purchase price

listed here hey which model do you want

you know what okay let's say you want

the model y performance and you can

scroll through this I'm going to pick

the blue one you get to play with it

right here and customize it as you wish

right here get your autopilot if you so

please or whatever and then continue to

order your Tesla and you can uh you know

go ahead and and summarize your order

and basically put your 250 deposit down

right now with Apple pay so two clicks

after you accidentally click on order

Tesla when you really just meant to go

charge your Ford or GM vehicle you could

be ordering a Tesla so not only is Tesla

going to get showered with vehicle

credits from the buy Administration but

they're basically going to take these

credits and build in a perfect

advertising model into the actual app

and then show off those additional

federal tax credits maybe even state tax

credits that you get within an app where

people are very likely to just

accidentally press on order Tesla when

they want to charge a non-tesla no I

don't think it's it's like they're

trying to manipulate people to buy Tesla

they're just making it very convenient

for people to buy Tesla so remember for

you to charge your non-tesla you must

download the Tesla app and then you kind

of have to scroll over to get to charger

non Tesla now it's possible that if you

don't already have a Tesla uh your your

Tesla's there on the left won't show up

so maybe it just starts like this right

but still also brilliant because your

first button here is order now or get

Tesla insurance or Tesla all of this is

is money for Tesla you still have to

scroll over to charge your non-tesla

which is great but not only that think

about the social aspect of this you go

plug in your Ford or whatever at a Tesla

Supercharger and you know you get out

and you see all the Teslas it's gonna be

a great opportunity to be like oh so so

how's that full self driving you realize

a lot of people today they still think

full self driving only functions on the

highway full self driving is phenomenal

uh I barely Drive anymore even in the

cities everywhere I go now and it didn't

used to be this way but everywhere I go

now I turn on I put in a little address

and I set it to self-drive and I just

sit there like a supervisor and it's

great because it's taken so much of the

anxiety of driving away and just sort of

the effort of driving uh which I know

that sounds on one hand crazy because

some people are like hey come on man

like what do you mean the effort of

driving

try FSD and then you'll understand the

effort that actually went into driving

when you feel the effort of not actually

driving it's it's kind of like being a

passenger in the front seat it's almost

what it feels like like you're kind of

still looking around and you're like oh

hey heads up that light is red right

like you you see that right oh hey hey

that guy's coming over that's kind of

what it feels like it feels like you're

you're more of like a backseat driver in

the front uh that more more than

actually driving which is incredible but

it's really what's fascinating is this

will just be the beginning so you've got

Ford and GM these will be the first

movers which is weird to say but the

first movers to follow the first mover

of Tesla into the Tesla supercharging

standard

that'll incentivize even more

supercharging construction incentivized

by the Biden Administration so basically

free supercharging networks uh or near

substantially subsidized we'll put it

that way I don't want to say free and

then you've got these built-in basically

ads here for uh for basically buying

your own Tesla in the Tesla uh app which

you need in order to charge a non-task

law and that's you need the app because

the Tesla chargers they don't have any

kind of like stupid credit card window

or whatever where the pain of paying is

like super high for you to use the darn

charger that doesn't exist in fact Tesla

was going to build some superchargers in

a city in California I can't remember

which one but the city required Tesla to

put in some kind of like

on Terminal payment infrastructure

instead of using an app and test is like

Fu screw you you don't get superchargers

then which is the right answer because

it's like what a pain in the butt to go

to and I've done it before but to go to

a stupid supercharger plug the thing in

and then you have to stand there and

like okay I gotta now use my credit card

and I gotta enter it into this stupid

machine or what and all this crap it's a

pain in the butt whereas if you just had

an app click all right boom plugged into

number seven Great boom charge done and

then you walk away it's so great so easy

now with the Tesla you don't even need

to open the app it just literally open

the charge port plug it in walk away

even better

so uh revolutionary this is a big

announcement from GM here to follow Ford

as well and it's likely now that you're

going to see the Volkswagens the

European autos and anyone else wants to

compete in the electric vehicle space in

America to to also at least provide the

optionality to their customers that's a

big deal it's going to be a selling

feature hey you get access to the Tesla

Supercharger Network and quite frankly

it blows my mind because on one hand if

if I'm GM and I'm like buy our electric

vehicle but use Tesla superchargers

quite frankly

to me there's nothing that screams dying

company more than that you know to me

it'd kind of be like

use me as a real estate agent but we're

gonna put somebody else's sign in front

of your house because I suck

but I still want to be your agent I

still want to get your business like to

some extent you really have to take an L

here to accept these Tesla superchargers

but but they realize we're not

profitable on the vehicles we don't want

to burn our investors for the next 10

years trying to build out a competing

supercharging Network so screw it let's

just buy Tesla it's really incredible

also remember not a lot of folks in my

opinion when it comes to Tesla have uh

have vastly misunderstood or or vastly

misappreciated what AI actually means uh

so remember from a stock market point of

view right remember artificial

intelligence is is fantastic look I've

got I've got a course on on

um how to make more money it's our

entrepreneur and uh employee course like

basically if you want to make more money

as an employee or you want to make more

money as an entrepreneur you join it

right and so what I decided to do is add

I had about 35 lectures and we probably

got another 15 in the works or so to the

uh featuring the AI productivity group

and it's great because rather than just

like oh like here's the latest and

greatest you know tool you're going to

use for 20 minutes this is actually like

oh wow here's how I can really

incorporate AI to actually make more

money that's the the sole basis of every

lecture in that program on AI is like

how do we actually make more money but

I'll tell you one of the big and this is

a little little hint for you one of the

spoilers in it is that I say in almost

every lecture this is not about the tool

this is about how to use the AI and

that's because and I say this as well I

don't give an he double hockey sticks

what tool it is I don't care we have

zero loyalty to the tool we have loyalty

to

us being educated on how to use it

better to be more efficient

entrepreneurs or employees that's what

matters now that is a big red flag to

software companies in AI listen I saw a

thing on y combinator yesterday or

whatever that 50 of the startups are

like we're AI startups it's all

like the the odds of these

companies making a lot of money in just

AI is stupid

the reality is

good companies will use AI to make

themselves more productive

but just AI software companies and

trying to make a buck with an AI

software company good luck because

you're look you're trying you're begging

people for like five dollar

subscriptions all over the place and

then two weeks later somebody just makes

a better version of your own app and

then you have to decorate then you go

bankrupt basically

point is and this Loops back to Tesla

everybody's forgetting that Tesla is

actually your profitable version of an

artificial intelligence service

everybody forgot that I didn't I'm like

folks this AI craze is literally

exactly what you want

with Tesla to boost Tesla stock in fact

uh I did a Yahoo finance interview and

uh you could find it uh look at this

three three weeks ago nobody believed it

nobody believed everybody got mad at me

whatever but look at this go to Yahoo

finance Tesla will be the best AI play

of the next decade Kevin paffrath says

May 17th see it's June 7th three weeks

ago May 17th Kevin financial analyst

YouTube host blah blah you know and then

basically we talk about the shareholder

meeting and this video we went on and

and I talked basically about how uh you

could just look up the interview but I

basically talk about is this it I think

this is oh yeah hey look there's me uh

but anyway I talk about we talk a little

bit about Tesla advertising and uh and

and

um

it being the best AI play because they

actually make money off the AI and just

like I talked about how functional the

FSD is becoming where else could you

potentially sell an AI product for

fifteen thousand dollars remember what I

just set up a lot of the little AI crap

tools and startups are trying to you

know sell you like AI blow jobs for five

dollars okay those are those are sloppy

that's nasty okay whereas over here a

Tesla they'll sell you fifteen thousand

dollar one and they actually get it or

they charge you 200 bucks a month like

all of a sudden you start thinking about

like damn didn't even think about it if

you're gonna invest in software

companies where are you going to get the

bigger money

Tesla so very very exciting uh now uh

that uh that is that's something to keep

in mind Beyond obviously uh chips you

know even Elon Musk himself is

complaining about a lack of chips uh and

that's all going to obviously increase

order Demand on companies like AMD uh

maybe to some nominal extent your ibms

and your intels obviously more like your

nvidias your tsmcs uh Elon Musk

partnered with he bought some server

space over at Oracle for his AI startup

is is sort of like uh you know open AI

competitor if you will uh which is it

seems to be more of like the

foundational part rather than like the

let me tell you the five dollar service

on top of AI the AI back end and he's

like I can't get enough chips over here

at Oracle to actually some you know

sufficiently establish the servers that

we're trying to build out

so I do think there'll be shortages uh

as well which will bode well for chip

makers but again this is why I've

regularly said look if you want to

invest in Ai and I've been saying this

since like November chips

and Tesla

uh but again that's just my opinion I

know it's it's worked out very well so

far uh but uh you know at some point

that will stop and that's at some point

we're going to go back to realizing oh

crap you know we do also have to

consider valuation uh darn so I mean

look at valuation for a moment so

Tesla's projecting 3.45 cents of eps the

sucker's now at 250 bucks honestly it

could go to 400 bucks by the end of the

year which is insane uh but it could and

honestly I mean I look at it I mean it

doesn't start gonna over 300 bucks I'm

gonna be like all right we're gonna

start getting to the point where it's

maybe maybe eventually going to be time

to start diversifying at least a little

bit away uh but anyway so uh at 250

bucks divided by 3.45 cents of eps we're

looking at a 72 forward p e ratio now we

are looking at about 35 growth so we're

at a toupee

you know Tesla literally went from a one

to 1.4 pack to a two Peg very very

quickly uh and uh and I actually think

right now it's mostly running because of

this this realization that the Legacy

companies just aren't winning

it's not even really running on the AI

Revolution yet that part hasn't even

been built in yet that's even more wild

so uh things to keep in mind I mean look

at this Tesla right now in pre-market is

up 6.2 percent Neo's down 1.28 I mean we

already talked about Neo in the Chinese

segment about how they need 35

annual growth for the next five years

just to break even

at their level of operating expenditures

of three billion dollars that's insane

that's a lot of growth they got to get

to it's gonna say they're gross profits

like 700 mil right now compared to for

for 2022 compared to uh three bill of

Opex it's it's crazy uh you know it

reminds me actually a lot of what what

some startups do which I absolutely

despise like I hate seeing this crap it

just pisses me up but I see some

startups out there what they do is they

raise money and then they they don't

actually have like a product that's good

but they just like exist for 10 years

and then they just pay themselves

salaries and live off of that and I'm

like well uh you know any startup I do

is going to be the opposite of that I'm

not going to take a salary or we're

going to minimize expenses and we're

actually gonna have a product your

service that actually makes real money

uh it seems true for example for a house

hack like I don't take a salary over

there uh you know we we don't spend that

money like I look at every penny of that

if investor money is precious but other

people just look at it as ah you know

hey I was able to Market to them and

therefore I'm gonna you know live off

that and I'm like that's janky but you

know that exists so anyway

um you know obviously do your due

diligence when you're investing uh there

are plenty of other great startups out

there I'm not saying everybody else is

bad it only comes here that's not what

I'm saying I'm gonna be clear about that

there are plenty of other great things

to invest in but uh this is great this

is absolutely great for Tesla it's it's

uh I don't even think the artificial

intelligence part has been priced in yet

but I just want to reiterate that and

hopefully that's a little bit more clear

because again I really want you to think

about when you think about AI in your

life well the first thing you should be

thinking about is you know I gotta get

into Kevin's programs they're really

good

it amazes me how many emails or messages

we still get a people like you know I

finally joined and I was suspicious and

then I joined up my first course member

livestream like oh damn there actually

is a lot of value here it's rewarding to

hear that but it's also a sign that

maybe I'm not marketing that as well as

potentially could but anyway I really

want you to think about it to yourself

where in your life right now are you

paying four artificial intelligence what

are you paying 20 bucks for open AI five

bucks for this 10 bucks for that you

know 10 bucks over there 19 bucks over

there

and then compare that to what Tesla's

charging for their AI

it's incredible I mean you're talking

about 10 10 to 20 x so uh so consider

that uh somebody here saying Qualcomm is

the hidden AI stock Qualcomm that I

don't know about that you know you're

certainly a 5G and and mobile Centric

company here uh a lot of revenues coming

from cell phones uh handsets as they

call them which I always think is a

weird word handset but if you look at

their earnings reports you'll see they

call them handsets uh and and you know

we've gone through uh Qualcomm quite a

few times as well as broadcom over the

last uh few weeks here just to evaluate

their AI Ness so to speak and we're like

[Music]

he's trying to say they're Dewey AI look

at DocuSign this morning let me DocuSign

beat uh but they're like we're using Ai

and I'm like really your forms still

suck don't get me wrong I love it

DocuSign they made my life so much

easier when I started as a real estate

broker 13 years ago oh man that sounds

horrible to say uh but anyway uh yeah oh

Scott thank you for saying that just

saying Kevin has the greatest value info

for the money you pay that I have found

now I want you to know this when it

comes to AI

time is what's going to make you money

and if you can prove that value to an

employer you'll always be able to be

employed so this is another way of

making sure that you don't get replaced

but