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aaaaand here are the Tesla *Cuts* | Breaking.

9m 47s1,587 words234 segmentsEnglish

FULL TRANSCRIPT

0:00

well Tesla's back at it again this

0:02

morning I did a live stream talking

0:04

about the Tesla layoffs and the demand

0:06

potential problems at Tesla and then

0:09

here we go I I hate to say it I hate to

0:13

say it

0:14

but I think Tesla's watching okay look

0:17

let me play this from this morning I'm

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just gonna play like 15 seconds here and

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then I'm going to show you what just

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happened okay this is Eerie ready for

0:27

this this is from this morning's live

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stream remember you can come to these

0:29

this is this was a public live stream

0:31

you know you just have to subscribe it

0:33

doesn't cost you anything

0:34

the only the only sponsor on the channel

0:36

even are my own programs we're cool

0:39

we're chill here we go and I think

0:41

that's why there's such a difference if

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it were truly that immediate I think

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Tesla would be like all right we'll just

0:45

give you the 7500 now uh which in theory

0:48

they could do they could just do that if

0:50

it were really that big of a demand

0:52

problem if Tesla was really about to

0:55

have cars sitting on the Lots all across

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America rusting away

1:01

why not just offer the 7 500 credit full

1:04

or drop prices a little bit right

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yeah

1:10

so that's a

1:13

that's Kevin on the morning of December

1:15

21st at like a 5 30 A.M

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actually it was more like 4 30 a.m I

1:22

don't even remember anyway it's been a

1:23

long day okay I wasn't expecting to make

1:25

another video okay do I look like like I

1:26

was ready to make it over maybe I do

1:28

either anyway okay okay all right

1:31

this morning okay today 7 31 p.m

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probably Eastern given that it's 5 50

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p.m over here or maybe whatever anyway

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Sawyer Merit on Twitter breaking Tesla

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is now offering a discount of 7 500 up

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from 37.50 for anyone that takes

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delivery of a new slash inventory model

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wire model 3 in the US before the end of

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the year buyers will also still get ten

1:57

thousand dollars of free supercharging

2:01

okay there are a few things to unpackage

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here the very first thing that you have

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to understand is most human beings in

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America

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do not understand the concepts at all

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of tax credits okay

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in that nature I have always thought

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that Tesla is better off just given the

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7 500 credit now than a 37.50 credit

2:31

because people won't understand that

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37.50 today might actually be a lot more

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valuable than 7 500 in 14 or 15 months

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people are just going to go well 7 500

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tax credit starts in January

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no no no okay this I mean that's what

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people are gonna think and that's okay

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but here's here's the actual timeline

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this is important to understand see line

2:56

simple okay we are over here in December

3:01

here is January and then here is APR of

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24. okay now now I'm going to explain

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this okay

3:14

this is 2024.

3:17

this is 2023 okay

3:21

if you take the 3750 here in December

3:28

you get three thousand seven hundred

3:30

fifty dollars off

3:31

immediately okay

3:34

if you

3:36

buy a car right here on December 30th or

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31st whatever the last days you could

3:41

buy a Tesla you get three thousand seven

3:43

hundred fifty dollars right away

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that has now been increased to seven

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thousand five hundred dollars for for

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apparently I'll talk about that in just

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a moment okay

3:52

if you but but let's just say it's 37.50

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okay so now if you buy

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the very next day people are going to

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think oh if I just wait a day I'll get

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seven thousand five hundred dollars

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instead of 37 R50 I'll get twice as much

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money just by waiting a day what a great

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deal

4:11

wrong you do not get that seven thousand

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five hundred dollars here in January if

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you buy that vehicle anywhere in that

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little green bar over there you're not

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actually going to get the credit on your

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taxes until probably April of 2024 and

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if you file on extension it could be

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September or October of 2024 depending

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on if you're trying to write this off as

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a business or personal expense and then

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there are other debates you should

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always consult your CPA about that

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because it's a tax credit

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so by Tesla now saying hey you know what

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what I basically just said this morning

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um we want to clear out a little extra

4:48

inventory

4:49

I have to backtrack on this a little bit

4:52

first

4:53

it is possibly assigned a demand issue

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it is look if if the if the cars were

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flying off the shelf

5:00

they would not have to do that the cars

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are not flying off the shelf okay all

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right we got that we kind of already

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assumed that that's kind of why Tesla

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has probably already also been falling

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however

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they could be selling record numbers of

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vehicles

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and it is still possible although this

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is the bullish bias bearish no sorry

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bullish

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and biased Kevin saying this

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maybe they really wanna hit it out of

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the park with how many deliveries they

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get in December of 2022 because it's

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such a horrible time so why not just

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crank out a few more deliveries and give

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the people who are on the edge some

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extra cash

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and that I think is what Tesla is doing

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is and again that's the bullish side or

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they actually do have a demand problem

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and they're like yeah let's just let's

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throw another thing in for the last you

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know nine or ten days of the sales year

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and for this segment over here let's

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offer people 7 500 now notice this was a

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text message okay this is not something

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that they ended up putting on their

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website maybe they will maybe in two

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days it'll be updated to their website

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as sort of a Christmas special or

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something whatever they want to call you

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know what expiring coupon code link down

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below programs on building your wealth

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stocks and psychology of money real

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estate investing zero oh sorry that's a

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totally different pitch that was

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supposed to be a Pitch about get your

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Tesla Now with uh 7 500 off because that

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there's a coupon code expiring December

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27th I mean uh yeah anyway okay you get

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the idea so these texts are probably

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just going out to people uh who have

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indicated interest in buying a Tesla and

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they're on the edge they're on the edge

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right and so now Tesla is trying to pull

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those people forward and get them to

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make a decision this is a close folks

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this is just the modern dealership at

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work there is no dealership right I mean

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think about it if if we were all

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investing right now in like the GM

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dealership model and you know

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Jimmy came in and Jimmy's like I don't

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know man

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the Market's a little bad right now

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none of us would be pissed if the

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manager walked into the room

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go

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oh oh Jimmy could you mind grabbing that

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pen for me just like oh this one right

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here sure

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this is all part of sales

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glad you got the pen Jimmy Jimmy I

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brought

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I brought something for you

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this is a purchase agreement for a car

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right here

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I got you another

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3750 bucks off you just need to sign

7:48

right there Jimmy

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you've already got the pen

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okay

7:52

sorry that's like that's right that's

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probably an insult to sales people it is

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not meant to be I at heart uh started my

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career as a salesperson uh okay like but

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but

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this what we're seeing here with Tesla

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is a modern day version of that right

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it's just closing the sale it's actually

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smart

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and In fairness from like a

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psychological point of view

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people are looking at who are thinking

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about buying a Tesla are going to look

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and go why would I buy it now and get 3

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750 if I could just wait until Jan won

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and get 7 500 and the problem with

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waiting until Jan one is you could buy a

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Jan 1 or Jan 31 or Feb 28 right so now

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all of a sudden your urgency actually

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goes away because you could buy it at

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any point next year you could buy it

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December 31st of 2023. now you probably

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might want it sooner but the expiration

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is not as urgent now Tesla has actually

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created an emergency close they have

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actually said hey but Jimmy listen man

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if you sign this deal now you'll get the

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7 500 now if you sign the deal January

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1st or after you'll have to wait a whole

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18 months to get that deal Jimmy What's

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it gonna be Jimmy oh I really want the

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autopilot I'm sorry I don't know why I'm

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making Jimmy it seemed like a complete

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idiot or I'm just having too much

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fun with this uh and and watching um my

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my portfolio if it's anyway uh thank you

9:27

so much for watching uh appreciate you

9:29

all being here I love being a Tesla

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stockholder would would never be uh you

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know temporarily emotional about that at

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all uh and um yeah I'm gonna go back to

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doing whatever it was that I was doing

9:43

all right thanks for watching goodbye

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