aaaaand here are the Tesla *Cuts* | Breaking.
FULL TRANSCRIPT
well Tesla's back at it again this
morning I did a live stream talking
about the Tesla layoffs and the demand
potential problems at Tesla and then
here we go I I hate to say it I hate to
say it
but I think Tesla's watching okay look
let me play this from this morning I'm
just gonna play like 15 seconds here and
then I'm going to show you what just
happened okay this is Eerie ready for
this this is from this morning's live
stream remember you can come to these
this is this was a public live stream
you know you just have to subscribe it
doesn't cost you anything
the only the only sponsor on the channel
even are my own programs we're cool
we're chill here we go and I think
that's why there's such a difference if
it were truly that immediate I think
Tesla would be like all right we'll just
give you the 7500 now uh which in theory
they could do they could just do that if
it were really that big of a demand
problem if Tesla was really about to
have cars sitting on the Lots all across
America rusting away
why not just offer the 7 500 credit full
or drop prices a little bit right
yeah
so that's a
that's Kevin on the morning of December
21st at like a 5 30 A.M
actually it was more like 4 30 a.m I
don't even remember anyway it's been a
long day okay I wasn't expecting to make
another video okay do I look like like I
was ready to make it over maybe I do
either anyway okay okay all right
this morning okay today 7 31 p.m
probably Eastern given that it's 5 50
p.m over here or maybe whatever anyway
Sawyer Merit on Twitter breaking Tesla
is now offering a discount of 7 500 up
from 37.50 for anyone that takes
delivery of a new slash inventory model
wire model 3 in the US before the end of
the year buyers will also still get ten
thousand dollars of free supercharging
okay there are a few things to unpackage
here the very first thing that you have
to understand is most human beings in
America
do not understand the concepts at all
of tax credits okay
in that nature I have always thought
that Tesla is better off just given the
7 500 credit now than a 37.50 credit
because people won't understand that
37.50 today might actually be a lot more
valuable than 7 500 in 14 or 15 months
people are just going to go well 7 500
tax credit starts in January
no no no okay this I mean that's what
people are gonna think and that's okay
but here's here's the actual timeline
this is important to understand see line
simple okay we are over here in December
here is January and then here is APR of
24. okay now now I'm going to explain
this okay
this is 2024.
this is 2023 okay
if you take the 3750 here in December
you get three thousand seven hundred
fifty dollars off
immediately okay
if you
buy a car right here on December 30th or
31st whatever the last days you could
buy a Tesla you get three thousand seven
hundred fifty dollars right away
that has now been increased to seven
thousand five hundred dollars for for
apparently I'll talk about that in just
a moment okay
if you but but let's just say it's 37.50
okay so now if you buy
the very next day people are going to
think oh if I just wait a day I'll get
seven thousand five hundred dollars
instead of 37 R50 I'll get twice as much
money just by waiting a day what a great
deal
wrong you do not get that seven thousand
five hundred dollars here in January if
you buy that vehicle anywhere in that
little green bar over there you're not
actually going to get the credit on your
taxes until probably April of 2024 and
if you file on extension it could be
September or October of 2024 depending
on if you're trying to write this off as
a business or personal expense and then
there are other debates you should
always consult your CPA about that
because it's a tax credit
so by Tesla now saying hey you know what
what I basically just said this morning
um we want to clear out a little extra
inventory
I have to backtrack on this a little bit
first
it is possibly assigned a demand issue
it is look if if the if the cars were
flying off the shelf
they would not have to do that the cars
are not flying off the shelf okay all
right we got that we kind of already
assumed that that's kind of why Tesla
has probably already also been falling
however
they could be selling record numbers of
vehicles
and it is still possible although this
is the bullish bias bearish no sorry
bullish
and biased Kevin saying this
maybe they really wanna hit it out of
the park with how many deliveries they
get in December of 2022 because it's
such a horrible time so why not just
crank out a few more deliveries and give
the people who are on the edge some
extra cash
and that I think is what Tesla is doing
is and again that's the bullish side or
they actually do have a demand problem
and they're like yeah let's just let's
throw another thing in for the last you
know nine or ten days of the sales year
and for this segment over here let's
offer people 7 500 now notice this was a
text message okay this is not something
that they ended up putting on their
website maybe they will maybe in two
days it'll be updated to their website
as sort of a Christmas special or
something whatever they want to call you
know what expiring coupon code link down
below programs on building your wealth
stocks and psychology of money real
estate investing zero oh sorry that's a
totally different pitch that was
supposed to be a Pitch about get your
Tesla Now with uh 7 500 off because that
there's a coupon code expiring December
27th I mean uh yeah anyway okay you get
the idea so these texts are probably
just going out to people uh who have
indicated interest in buying a Tesla and
they're on the edge they're on the edge
right and so now Tesla is trying to pull
those people forward and get them to
make a decision this is a close folks
this is just the modern dealership at
work there is no dealership right I mean
think about it if if we were all
investing right now in like the GM
dealership model and you know
Jimmy came in and Jimmy's like I don't
know man
the Market's a little bad right now
none of us would be pissed if the
manager walked into the room
go
oh oh Jimmy could you mind grabbing that
pen for me just like oh this one right
here sure
this is all part of sales
glad you got the pen Jimmy Jimmy I
brought
I brought something for you
this is a purchase agreement for a car
right here
I got you another
3750 bucks off you just need to sign
right there Jimmy
you've already got the pen
okay
sorry that's like that's right that's
probably an insult to sales people it is
not meant to be I at heart uh started my
career as a salesperson uh okay like but
but
this what we're seeing here with Tesla
is a modern day version of that right
it's just closing the sale it's actually
smart
and In fairness from like a
psychological point of view
people are looking at who are thinking
about buying a Tesla are going to look
and go why would I buy it now and get 3
750 if I could just wait until Jan won
and get 7 500 and the problem with
waiting until Jan one is you could buy a
Jan 1 or Jan 31 or Feb 28 right so now
all of a sudden your urgency actually
goes away because you could buy it at
any point next year you could buy it
December 31st of 2023. now you probably
might want it sooner but the expiration
is not as urgent now Tesla has actually
created an emergency close they have
actually said hey but Jimmy listen man
if you sign this deal now you'll get the
7 500 now if you sign the deal January
1st or after you'll have to wait a whole
18 months to get that deal Jimmy What's
it gonna be Jimmy oh I really want the
autopilot I'm sorry I don't know why I'm
making Jimmy it seemed like a complete
idiot or I'm just having too much
fun with this uh and and watching um my
my portfolio if it's anyway uh thank you
so much for watching uh appreciate you
all being here I love being a Tesla
stockholder would would never be uh you
know temporarily emotional about that at
all uh and um yeah I'm gonna go back to
doing whatever it was that I was doing
all right thanks for watching goodbye
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