I have been following your podcast since 2021. Your coment on subjects are right on point. I wonder what is your view on the tech sector in the world. I am looking forward to it.
At this stage of Tesla, Elon is bad for its business but great for its stock. There is only one reasonable explanation why a negative growth, low margin business, and negative cash flow Tesla has higher Forward P./E (about 70) than an incredible growth (262% revenue, over 600% EPS) Nvidia (about 47), it is Elon. Elon is a hype, dream and a religion. There are massive Elon fans to pump up Tesla stock.
In 2016 July, Elon就已提出無人自駕的目標:Master Plan, Part Deux is: Create stunning solar roofs with seamlessly integrated battery storage Expand the electric vehicle product line to address all major segments Develop a self-driving capability that is 10X safer than manual via massive fleet learning Enable your car to make money for you when you aren't using it
I agreed with all your analysis of Tesla except the last part. Biden is a very experienced politician, if fact you can think of him as an old fox. In order for him to continue his Green policies, he needs to be re elected and he needs the Mid Western States where the Union members live. He has to court them, however Unions are extremely scared about the EV industry because they might lose their Gas car jobs and Elon is against Unions. But the union leaders are easily appeased, so if Biden verbally praised them, they all support Biden. Biden cannot openly show favoritism toward Tesla or Elon, in fact he has to show indifference to Elon because the US government is depending on Elon and Tesla to lead the EV transition and of course they need Space X and Star links for its military supremacy . The reality is Biden’s IRA is benefiting Tesla the most not Ford and GM. Most Tesla EV qualify for the $7,500 credit, other Tesla products like power wall and solar products all qualify for a 30% Federal tax credit, this allows Tesla to lower its price more and reaches more buyers. Recently GM and Ford seem to be giving up on EV because they are just losing too much money. If we see things from a higher perspective we can get a clearer picture. Don’t let the daily shows to distract you, advise from a very old lady. You’re doing a fantastic job, keep up the great work. 👍. Loved watching your channel.