what Tesla JUST did...

holy smokes everybody we've got three

things to talk about when it comes to a

tesla it has to do with tesla just

firing somebody on their fsd team we're

gonna talk about that then we gotta talk

about tesla as an inflation hedge

then i just want to say a little thing

about berlin okay that's what we're

going to talk about in this video

brought to you by this is on a channel

by a.i addict shout out to him

apparently and allegedly according to

cnbc he was just fired

for his critique

of the tesla model 3 his tesla model 3

and its behavior in crashing into a

bollard now fortunately this bullard was

a plastic bollard i am going to show the

video clip here i'm going to add my own

commentary i'm going to tell you about

my experience

with fsd and then we got to talk about

tesla tesla stock and the inflation

hedge and a little bit about berlin all

right let's go ahead and listen in here

uh we'll play this for about a minute

i'm gonna give you some commentary all

right here we go

february 4th i was driving my model 3 on

fsd beta 10.10 in downtown san jose

weather is perfect and so is visibility

traffic is low as i head north down

almaden boulevard the car makes a right

turn onto west san fernando street this

is where the accident occurs as you'll

see

and go frame by frame

at frame three minutes

it's 28 seconds and 19 milliseconds this

is my first indication of the vehicle's

trajectory possibly going off course at

frame 329.02

is when i realized we the indication of

a possible collision with the green

bowler at frame 329.07

is when my brain decides to send a

signal to react at frame

329.12 you can see my hand start turning

the wheel this is also when i activate

the brakes as hot as i could you'll then

notice that frame 329.19

is when fsd deactivates on screen at

frame

329.21 the tesla vehicle makes impact

with the green bullard despite my

attempt to avoid finally at frame

330.01 the tesla vehicle comes to a

complete stop bending the bowler to the

ground luckily it was only plastic okay

a few things here first of all social

media took this really far this clip or

a portion of this clip pretty much went

viral especially on twitter and tesla q

fans that is the tesla short crowd and

everybody who hates tesla was talking

about hahaha look how lame fsd is okay

first of all it's a freaking beta

second of all most of the clips cut out

the fact that the bollard bent over why

because those bullards right here if we

didn't know they were plastic they look

concrete and shout out to galley from

hyperchange i've seen him on his fsd

videos

almost driving into concrete barriers

under the trains in in seattle and i

have personally been uh twice in an fsd

tesla vehicle a couple older versions

and unfortunately it does do some quirky

things like you really gotta assume it's

gonna do some stupid stuff sometimes

it's still in beta that is totally

normal now is that an excuse for it

hitting a bollard well yeah it actually

is because the bullards hey they're

there but it is probably the hardest

thing for the tesla vision to actually

indicate these as cones

yet now soon they will soon they will

they've already picked up on labeling

cones in fact now and you can see this

on screen here none of these ball arts

are actually showing up as cones they're

actually almost invisible to the tesla

and it's probably likely that this tesla

sees this lane this sort of rectangle

here is coming to an end and it's trying

to align with one of these right white

lines here this is a pretty miserable

road design in my opinion because you

don't actually have

a continuation of this line here to

imply that oh yeah this is the lane

right here it suggests that this maybe

is just a marker on the ground which is

probably with a tesla seeing that

there's some sort of marker on the

ground uh that that doesn't imply you

can't be there uh and uh and and it's

probably aligning to this side

unfortunately i'm not trying to make

excuses for the tesla it doesn't see the

bullets now we could see the ballards

elon musk's argument is that hey e the

tesla vehicles should be smart enough to

be able to spot objects like this and

stop

yeah eventually they will we're not

there yet so while we're in beta i can't

really blame the tesla yet especially

grateful that this was not a serious

accident we don't want to see of

fatalities or in you know really bad

things like actual accidents where

airbags are being deployed which

obviously we know wasn't here they talk

about that here how hey some people say

this is an accident because we didn't

have airbags deployed hey look it was an

f up so screw up the car didn't see the

bullards there's some work to do that's

the reason we do beta testing right

no excuse tesla effed up here

in this but it's part of the learning

process for full self-driving bullards i

don't see them marked cones used to not

be marked now they are when i first

bought my tesla i bought a tesla 2017

model x it would not see cones or orange

bollards

now it looks like it sees cones and

orange bollards but doesn't see green

bullets and it kind of goes to show you

just how far full self-driving really

has to come to be perfect now thankfully

these were just plastic bullets so the

damage to this individual's vehicle was

very very low the problem and i'll show

you that's the real argument

the problem was unfortunately that this

person was a tesla employee and by being

a tesla employee

he was fired allegedly for posting this

video so here you can see the scratches

here

now he claims that this is the first

video accident uh caught on camera or or

uh full fsd uh camera on camera accident

caught on camera boy that was really

wordy but whatever uh and uh and he

doesn't really go as far as saying uh

anything other than this is proof that

uh there was an accident with uh fsd

here

uh uh i think the only reason that this

person could justifiably if there's any

justification for the firing of somebody

for for posting something true

is if they sign some form of company

non-disparagement agreement which most

employees do sign it's kind of says hey

like you won't say anything bad about

the company even if it's true

which is bad because then it's kind of

like hey but like what about

whistleblowers like you know bad things

should come out to public light i mean

that's a form of censorship amongst

employees yeah it's true now i'm

grateful that this came out because now

like hey tesla yo label freaking green

bowler it's like this is a problem i i

personally don't think somebody like

this should be fired for me i think a

more proper response would be like dude

thank you thank you for pointing out

that our system does at least in this

version doesn't label green bollards

let's get that fixed

but there's probably something about

non-disparagement in this person's

employee employment contract we don't

know maybe they can tell us unless of

course they signed an nda after their

departure from tesla who knows they're

welcome to come on my channel and talk

about it i'd love to talk to them about

their ai experience and their labeling

experience while they were at tesla

working on the fst team uh but

not a good look for tesla especially

since cnbc is running their article

suggesting oh well tesla's social media

policy doesn't say you can't say

anything bad sure their social media

policy might not say that but their

employment contract could say that so

probably a little bit more diving in

there that has to be done i will say

though in the cnbc article tesla talks

about how there's this uh tech

loyalty kind of culture that you have

like thou shall not say anything bad

about the company that you like or work

for or whatever right

i i imagine this is really true i mean

it's it's kind of like you know showing

an oopsy of of like your clan or your

guild your group it's kind of like hey

man that's that's embarrassing don't put

that out there and that did go viral i'm

not trying to make excuses for tesla

again i think that should have been met

with a thank you like hey we fixed that

now uh dude you know here we're fixing

your car for you how much is that really

going to cost the bumper i don't know

even if the scratches went through the

paint put a new freaking bumper on okay

three grand come on

whatever

so

me not a good pr image for tesla oh well

uh i'm sure it's fixed by now if it's

not it's obviously something they're

aware of and will be fixed this is not a

big deal for the stock in the long term

but what is a big deal for the stock in

the long term is the stock as an

inflation hedge and that's what we're

going to talk about next i do quickly

though want to mention that

i personally believe and this is just my

speculation but i believe that one of

the reasons i have not been invited to

the tesla full self driving program even

though i have a right now i have a 99

safety score i had a 100 for about 45

days uh unfortunately i i fell i drove

to disney and uh driving to disney uh

through anaheim traffic sucks my safety

score fell to 99 which i'm very very

disappointed about but 99s and hundreds

are getting in the full self-driving

program except for me i'm not getting it

i think one of the reasons i'm not

getting into the fsd program is because

i'm willing to say things that are not

only bullish right i'm not

just uh everything about tesla is the

best ohio tesla

i will say negative things about tesla

as well

and if it is true that there is that

sort of bro culture loyalty you know

clan style uh culture then um then it

kind of makes sense why i'm not in the

beta

because i won't hold back

but i'll be truthful like i was in this

video like that's called being in the

beta

you know uh

it's part of the game dude that's the

risk you take okay so you got some

scratches come on man i got my i got my

tesla plaid and i already put a little

dent into it because uh well a little

front curb hit a

front bumper hit a curb that a tree had

sort of uprooted

i thought i'd clear it couldn't clear it

oh well can't really see it you'd have

to know where to look

so now in other news we have seen some

substantial price increases from tesla

including today we had another price

increase when we go to just the purchase

price raw here check this out folks the

cheapest model 3 is now forty seven

thousand dollars uh and then on top of

that you're gonna have to pay twelve

thousand dollars now for the fsd uh

which uh which is wild here's that ten

uh twelve thousand dollar fsd which

you're not even guaranteed to get the

invite for this remember i paid this 12

000 for both my model x from 2017 uh

which they won't even let my model x get

in the program because it needs uh the

interior camera to be installed which is

really lame because they said they'd do

that for free but they still have never

come around to doing that whatever it

probably never happened so i bought the

model x i'm sorry i bought the model s

plaid thinking oh well that'll give me

access to fsd and i could review fsd no

but i'm not getting the invite

so i don't want to make this video about

me just complaining about that but this

is expensive now this means now you are

paying for the cheapest possible model 3

with the fsd which most people are

clicking yes to well a lot of people are

it's pure profit for tesla right that

makes the cheapest version 59 000

with the fsd without it still 47

thousand dollars that's almost 10 000

more than what we saw last year and

folks

i have to tell you

that's

a lot and it makes me very excited

here's why it makes me very excited

first of all we're still waiting to july

to get a model 3 base edition right now

model 3 base edition july puts us at

about

three and a half to four months out for

the cheapest model three that means

we've got plenty of demand elon musk

would not raise the prices if there was

not enough demand there's too much

demand too little supply wait times are

still too long so what are they doing

they're raising the prices you know what

that's actually good for margins margins

are probably going to go up to at least

offset the cost of the inflationary

pressures they have more freight costs

as elon musk said on twitter

higher costs in material and input costs

they're more than offsetting their input

costs so i would not be surprised for

margin to either stay stable in this

inflationary environment or potentially

to even take up why because they can and

consumers are willing to pay

that makes tesla unique compared to a

company like heinz for for ketchup or

coca-cola these companies are coming out

saying hey we're concerned that we can't

raise prices anymore because people are

going to stop buying a product tesla's

different tesla's like yo we're going to

raise prices and people are still going

to buy our product that actually makes

tesla stock in my opinion somewhat of an

inflation hedge really like that now if

you do want to spend about uh eight

thousand dollars more to get the model

three long range you could get it in

about two months just kind of cool uh

same thing for the model three

performance you're only waiting about

two months for the model 3 performance

if we go to the model x you know i have

the plaid

personally i kind of wish i got the

model x instead of the s because i i

gave my x to my dad so now my dad rides

my ex

and i kind of miss my ex because it has

seven seats but unfortunately if i

wanted to get an x normal like i have

already it would take me until january

2023 if i wanted to get the plaid it

would take until october of 2022 so i'd

be waiting quite a bit for a new x which

is kind of sad

model y another very very popular

vehicle along with three here great

entry-level cars personally like i i

don't recommend spending the money on

the x or the s see these are the reasons

why i i don't get the invites to events

or stuff because i'm i'm just too

realistic i don't think it's worth the

money to spend all that the premium

products i would just get these entry

level y's and threes if i you know we're

looking at a car personally i probably

also wouldn't buy a car right now

because i think the inflation is insane

right now prices keep going up and stuff

but even if i say that people are still

going to buy these cars like crazy may

and september is cheaper is in september

for the model y doesn't surprise me at

all the s is usually much more available

less people getting the s

i get it i really like my s but i miss

my axe yeah base model s is july and the

plaid is sitting at only four to ten

weeks oh so as little as a month that's

actually gone up that used to be a

little bit less so that's actually

bullish to see that that model s plaid

went up because in december they were

doing get in december

which is kind of good okay now i got to

make a little note about uh berlin so

we're still waiting to hear about that

environmental lawsuit regarding water

rights but

they're uh there there does you know

obviously tesla got their permits

complete for uh the berlin gigafactory

we'll see what happens with water rates

hopefully nothing but there's this

really cool picture here and this is

more just for being silly and then i

want to tell you a little bit about my

take on the stock again this is such a

beautiful picture of their lineup of the

tesla what look like model threes here

outside the berlin gigafactory i mean

absolutely beautifully lined up like

this really really really cool and uh

that definitely took a pretty chunk of

labor here uh i replied the germans

would spend the time to line up front

bumpers like that that extra labor cost

will hurt margins now

i'm i'm being facetious here uh it's a

really cool picture but uh it is true

the germans would do that and i'm

allowed to say that because i am german

uh and so if they want me in berlin i

could actually go there because i got a

german passport

anyway i'm not going to get invited

so anyway okay the stock look i have to

say in terms of tech in my opinion

tesla's probably still my

safest bet

and i know people you know they like to

poop

on me and say uh you're only good

because you invest in tesla at least i

know when to invest in tesla and when

not to invest in tesla when to sell

tests i want to buy a tesla uh yeah

maybe i do know tesla you know whatever

uh i've done really well lowering my

cost basis substantially on tesla i mean

probably in the neighborhood of 20 25 uh

which is is absolutely amazing uh

probably more and uh i've been buying on

the larger dips here the uh thing that i

like about tesla so much

compared to the other semiconductor

manufacturers or potentially other tech

plays is i believe that a tesla has the

substantial negotiating clout to

actually get the products that they need

first

and unfortunately that comes at a little

bit of the downside to like end phase i

think tesla is more likely to get

batteries before end phase which end

phase batteries are a big profit driver

for them right

so i really like entas but i don't think

they have the clout that tesla does

tesla's got the clout i also think that

the semiconductor manufacturers like

nvidia i think the omniverse is a little

over hyped i think their self-driving is

nowhere near the capability of teslas

because they're obviously working in the

automotive space as well

it i think that it's really going to

take the crypto economy or prices crypto

prices running back up to really see the

semiconductors move again

and that makes me a little bit more

bullish therefore on tesla so that

doesn't mean i'm not investing in things

like nvidia i get my eyes on taiwan

semiconductors but i will say

it just always goes back to good old

tesla so i'm happy about tesla not so

happy about them firing ai addict if he

ever wants to come on the channel hit me

up sliding those dm's thanks so much for

watching folks and uh we'll see in the

next one goodbye