Tesla delivery estimates drop, NACS extension cable, Fisker bankruptcy?, and more
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Three, two, one. We are live for a new episode of The Etric Podcast. I am Fred Lambert, your host. And as usual, I'm joined by Seth Wintraub. How are you doing this week, Seth? I'm good. All right. Probably better than me. Just came back from a nice 10 hours of travel today. I'm probably sounding even more heavy on the noise as usual. I think I'm feeling a little bit sick, but I'm going to power through for you guys because that's how much I love this podcast and I love you guys.

And we have some cool things to talk about today. Maybe not good news to start with. We're going to discuss the Tesla delivery estimates. So in the U.S., Tesla is still the major player when it comes to EV volumes. They still are the difference maker in the market. So it makes a big difference for EV adoption. And now this quarter is kind of weird. Like Tesla has been a growth story like every quarter since.

year-over-year growth at the very least uh most often than not quarter to quarter growth though there's been some exception and there's been like some like very specific event that has negatively affected cells nothing too crazy we're used to it but for the most part Tesla keeps increasing production and even though the demand side of things have been rough over the last year there's been a lot of price cuts to match the demand to the production they've been able to do it but now

We have a different situation this quarter, not necessarily for the demand, but for both. For both demand issues, demand concern, I should say, and production issues at the same time. So what happened this week is there was several consecutive downgrades in terms of delivery estimates from Wall Street, from analysts in general, etc.

So if you remember last quarter, Q4 2023, Tesla delivered a record number of 484,000 vehicles. That was a 20% year-over-year growth. And for comparison, if you want to do a Q1 to Q1 comparison, Tesla delivered 422,000 vehicles in Q1 2023.

Now, just a few days ago, just starting off the week, the delivery estimate was 479,000 vehicles for Tesla in Q1 2024. We should have like a decent idea of it with a quarter ending in just a few weeks, two weeks. And yeah.

But now that estimate has just dropped like crazy this week because people are revising it. Because 479,000, that would have been nice. That would have been a very good year-over-year increase. A sequential small decrease, but nothing too crazy. Nothing completely unusual for Q4 to Q1, though last year Q4 to Q1, the side actually did increase delivery. So another great look there. But now what happened this week, you had Dutch Bank.

reducing their estimate to 427,000 deliveries for Q1, which would be a massive drop. You have UBS, which was already below the consensus at 466,000, dropped that to 432,000 units.

And there was a bunch of other ones too, maybe like smaller than UBS and Dodge Bank, which are bigger Wall Street firms. But what I'm seeing right now is like most estimates are between 425,000 units and 425,000 and 435,000 units for Q1, which would be a big drop from Q4 and basically like just a slight like two point growth for year over year.

which is completely unusual for Tesla and bigger concern, it might be the story of the year. It might keep going throughout the year, which is a concern. Now, these are estimates. So I'm not even sure that this is right right now. I'm just reporting what's happening. I do know that there are some factors at play here that did drive these things on the production side of things at the very least. One,

the Chinese New Year. That always affects deliveries for Tesla, affects production and deliveries. So this is no exception this year. But that's still the same thing happened in Q1 2023, obviously. Then the other thing is obviously the more exceptional thing is the arson attack that we talked about last week in Gigafactory Berlin. They did restart production this week on Tuesday.

Monday or Tuesday, something like that. It was basically just over a week of production shutdown. We know that Tesla was between 5,000 and 6,000 units a week of production for the moment. Why? But it's probably a bigger effect than that because obviously when you restart production, you don't restart right away at 5,000 or 6,000 units. It takes some time. And that's probably what's happening here. Yeah.

So yeah, people are accounting for that. There's also some on the demand side is these issues. But at the same time, Tesla has always been able to just adjust pricing and match their production. So it might be more of a production side of things. Then there's the Cybertruck. It's a wild card, but I cannot I don't even think Cybertruck can compensate for the Gigafactory Berlin, right?

Oh, for sure not. I mean, the numbers are so low there and also margins at the beginning of production aren't typically that great. Yeah, margin is one thing. Margin, that's going to be the earnings next month. But I think now people are more looking at the delivery numbers, production numbers coming out the first week of April, which Cybertruck is going to help a little bit, but we don't even know how much. So yeah, it's something to look at.

If anything, it might even be like a good thing for Tesla shareholders at this point because lowering expectation, if Tesla can beat that, it's going to be a good story for the stock, which needs good stories these days. But yeah, something to keep an eye on here because they're not looking good right now, production-wise, delivery-wise. Will Elon be happy if it's 420,000 deliveries?

$420,000 would still be below these very low estimates. I don't know. I'm so getting tired and sick. I didn't even get your joke there. A little weed joke from Seth.

Tesla goes, all right. So this is something that we've been reporting on before the delivery started with the Cybertruck. Tesla, in its contract, when you switch your reservation to an order, in your order agreement, they call it, there's been a warning that Tesla was going to go after you if you decided to resell your vehicle. And the warning was quite severe. They talked about suing you for up to $50,000, which is...

I'm most legal expert. Don't believe this is going to be something enforceable. But they say that they also might blacklist you so they won't sell you any other car after that. So that's more enforceable because obviously Tesla can do whatever they want. They can sell their cars to people or not to other people. That's their own decision. Although that is weird. I don't think Chevy or Ford is...

not selling to certain people. Well, Ford, Ford did do it for the GT, uh, for the Ford GT. Oh yeah. There was that one story, something about, yeah. Yeah. John Cena, like, uh, did it and, uh, he went after John Cena and he had to apologize and everything. Uh, so there's an, but, but that's like, okay, the, the GT is a low volume vehicle, uh,

the cyber truck will not be, it is like right now, but it will not be, it will be a high volume vehicle. So it will not be a collector item like the, the GT is. Um, so, but I guess there's more demand right now because the limit, the production is limited. Uh, so there is an opportunity to make some money for people that want it, uh, quicker. And, um,

And yeah, it's been working. We reported last week on someone selling it for $244,000 and that was $244,000, which was already like more than twice the price of the truck. That was for a dealer's auction. So that means that a dealer bought it and then the dealer is now trying to resell it. So I think it's an Orlando Porsche dealer that's trying to resell that now for more than $244,000. I think they listed it for like $270,000. They're trying to make like $30,000 out of this.

There's one right now on Doug DeMero's website, Cars and Bids. Cars and Bids, yeah. Yeah. On Doug's website, they started a listing at like $115,000, something like that. It's already going up. So people are doing it. And one of the person who did it, and actually that guy, that guy didn't even sell his truck. He just listed it. So it hasn't sold yet, but Tesla saw it on the auction website.

And they saw his VIN number and they saw that he had other Cybertruck on reservation and they can sell his other Cybertruck reservation. And they told him that they reimbursed him the $100 per reservation on these two other reservation. But they told him that if he if he tried to reserve again, they will take that money. Then they won't deliver the truck.

Crazy. Which is pretty wild. I saw one, I saw the chief engineer of the Cybertruck on Twitter kind of give an explanation for that, saying that they want to make the trucks for people that enjoy it and not for people that makes money off of it, which I get. I get it. But

At this point, I would be worried if the production would be super limited, just like the GT, if you're making a live Ferrari or something like that. I understand at that level because you might be taking it away from someone else that did put a reservation and couldn't get in the production. But now everyone that wants a Cybertruck will be able to get a Cybertruck at some point in the next year or two.

Also, what happens if you have a family emergency or something and you need the money? You should be able to sell something that you bought. Excellent point. Yeah, that's right. There has to be a legitimate reason. Of course, now you can say, okay, yeah, but

it's convenient that you're now making money off of that transaction rather than just reselling it. But at the same time, you're not selling it for what the market is buying it right now. Yeah. I mean, there's a lot of rabbit holes you can go down there. But,

You had a theory on like, oh, maybe Tesla doesn't want other automakers because some people that are buying that are other automakers. Yeah, didn't Ford buy one of those or something? Yeah, Ford bought one. But I think what kills the theory on that front is like Elon said, yeah, that's a good move from Ford to buy it. So unless he's saying it's a good move, but he would try to prevent it at the same time. I don't know. I'm not in his head and I don't want to be. But it does. It's a good theory, at least. Yeah.

All right. Speaking of getting the Cybertruck sooner, Tesla launched a new program. If you're a long-term Tesla shareholder, you can get the Cybertruck sooner. Again, we have been saying that for a while now. I mean, past Model S, there's not really been a real reason to reserve the Cybertruck early or to reserve any Tesla vehicle early. It works a little bit. Maybe if you're in California or not in Texas, but

Maybe it makes more sense. Maybe you'll be able to be one of the first to get it. But if you're anywhere else, there's always other things that get at play. And obviously, a lot of people have been saying, oh, yeah, there's no other way to get the Cybertrucker Elite than if you add the first day reservation or whatever. But we've seen Justin Bieber, Lady Gaga, Kim Kardashian get it. I mean, unless they are all buying it off of other people or they were all first day reservation holder, which I doubt.

I think there might be some things going on. But anyway, now if you're... Okay, so let me get into the exact details here so I'm not talking out of my bottom. So you need to... Okay, reservation order before March 2024. Okay.

There's literally five years of reservation before that. Not taking delivery yet, okay, obviously. Each person will provide the brokerage statement showing that you own Tesla shares on February 28, 2021. So you have to have been owning Tesla shares for three years. And you have to have been on at least 500 shares as of February 29, 2024. Significant.

Yeah, you cannot be like Joe Lowe with a few shares. You have to be at least a significant investment in Tesla. Significant investment for the average person, obviously. So yeah, you can speculate on what that means. That might be Tesla really wanting to give an advantage to their shareholders, to thank their shareholders. But at the same time, it's weird because

Then you get ahead. Like you can have a reserve, a Cybertruck earlier this month and get a faster delivery than someone that reserved it Thursday. So that's a weird one because there's still people that reserve Thursday that haven't had the opportunity to convert their reservation in on order. I'm just saying.

So it has brought in the theory that Tesla might be having some issues converting reservation into orders, which is a fair theory when you take into account the fact that Tesla is selling only right now 100,000 and 120,000 version of the truck, founder series, bulked in packages. A lot less range than people were anticipating, twice the price that people were anticipating. Yeah, there's a lot of things that could have negatively affected demand on that front.

I don't think, I wouldn't like this list supposedly add, for sure has over 1 million reservation, supposedly add close to 2 million, if not more than 2 million. So I wouldn't think that it would be a problem at this stage, but sounds like a lot of people at least don't want to pay that kind of money for the Cybertruck.

So Jens just did the 500 shares right now at 163 because the stock just took a beating this week too. It's $81,000. So it's not too bad, but it's less than the cost of Cybertruck. Yeah, I feel like when this came out, though, it was closer to 200. So that'd be $100,000. Yeah. But yeah, anyway. At least closer to 190 at least. Right. All right. This is something I just posted today after I was perusing Tesla's career page section. I saw this post.

It looks like Tesla is really going after Elon's concept of no service is the best service. This is something that Elon has been saying for a while that, you know, especially was saying amid Tesla having some more serious service capacity issues, especially in 2021, 2022, Tesla was growing at an insane pace and its service infrastructure was not growing as fast.

This has calmed down a bit because during these years, Tesla has invested in Valiant Service, growing its mobile fleet like crazy, increasing the capacity of the fleet to cover more service issues, and also having service centers, capacity service centers, building bigger centers with those stations that can handle specific issues faster.

Been a lot of improvement. I've been hearing a lot less from Tesla owners saying that they have issues getting service, though there's still specific issues at specific regions where you can see some decent wait times. But also Tesla's growth has slowed down last year, let's be honest, and that also helped catching up the service capacity there.

But now Tesla is addressing this issue specifically with a new hire. They're looking for a senior manager for a new program called Zero Service. And in that program, Tesla specifically says that the new job is going to be to identify and eliminate the reasons for the cars to need service.

At Tesla, we believe that the best service is no service. We're looking for a highly motivated senior manager to join our service operation organization and lead the team responsible. So it's a new team that they're building here to identify and eliminate the reason for our cars to require service. So theoretically, it could be no service, Tesla service. Like we fire all Tesla technician in the future. I'm kidding, obviously. Yeah.

Even if you really make your car as reliable as possible, there's always going to be a need for service to some degree. So I saw someone posted my article on Reddit and a Tesla technician posted and was like, oh shit, my job at risk here is like,

I don't think that Tesla's current size of service capacity is going to ever be reduced. Tesla's fleet continues to grow, continues to age, obviously. So even if this team does its job perfectly, I still think that Tesla's service capacity is going to grow a little bit at the very least. It will never shrink, in my opinion. But still an interesting new initiative from Tesla with a brand new team that's going to try to make the cars more reliable.

Quality control, I assume, is going to be involved. Interesting stuff. All right.

This was a big news. This came out actually just after last week's podcast because we did it a little bit early when I was in Greece. So it's a week old news, but we're still going to discuss because we didn't do it in a podcast. It's a pretty cool image. I did that with my girlfriend on Mid Journey. I didn't know what image to use for like a cable extension because it doesn't exist. We

We asked on MidJourney and they did like a long Tesla cable supercharger. I was going to say the Model S looks pretty weird.

Yeah, they don't. Even like the Tesla, they cannot do straight on Tesla logo. They always have to modify a little bit. They cannot do it perfect. So even the Tesla logo is a little bit different. I think the inverse, yeah, the inverse two letters. But still, it's exactly what I wanted. It's a long supercharger cable. Because Tesla did confirm that they were making a NAX to NAX extension cable. So in the page where Tesla explained what you do if you...

or charging a non-tesla vehicle at the supercharger station and you cannot reach the charge port while parked normally tesla shows this little graphic here does you not to go like this not to go perpendicular but uh to go parallel to the line but to straddle the line basically going a little bit over it is it's a controversial issue but like let's believe this is the best solution right now

Though it did note in the same page now that we are working on a next-to-next extension cable, which will be available for purchase in the future. No timeline offered.

So I don't know what to think about that. Obviously, this sounds like this problem solved. Extension cable, you can have the charge port on the other side. It will work. However, you need to purchase it. So now you need to bet on the fact that someone will prefer to pay money to get an extension cable than to be the asshole that parks, that blocks another stall at the supercharger station.

which I'm sure some people will. Not many. Not many, especially at the price. It's not going to be cheap. I don't even know how they're going to do it exactly with the liquid cooling. Yeah, that's my question. Those cables are either really thick or they have the cooling liquid going through them, which you can't do with an extension cord. Maybe a lower capacity cable.

Maybe a thicker cable at that level to transfer the capacity, but I don't know. But it does make sense that Tesla has this product at the very least. But maybe something more like there has to be a solution to have it at the charger and you can just unlock it, put it back, maybe link to the credit card. So if you don't put it back, you could be charged for it. I don't know. There has to be a better solution than have everyone buy it because

It's not a great buy because you probably don't need it that often. It's probably going to be expensive. I don't know. It's not a perfect solution, but I think the product should exist. Either that or they should make a couple longer cables at every station kind of reserved for the... Yeah, do some retrofit basically on the existing V20. I mean, the Cybertruck, like you have to pull that thing in pretty tight to charge it. That's true. So maybe they should be making their cables longer already. Yeah.

yeah it would make sense they're already producing those cable for v4 i don't i don't know maybe i'm talking uh i don't know what i'm talking about and the v4 cables are not retrofitable on v3s i don't know but uh you could just put the v4 cable on the v3 if that's possible problem solved maybe it's a big investment obviously but uh it will help all right uh next piece on you so that came out earlier this week and um

This was a big controversial piece of news here that I want to be careful the way I address it because this was one of the most publicized autopilot crash, fatal autopilot crash ever. One of the first one to. There was the one in Florida before that. Obviously, that was very tragic too with the truck. But this one was a little bit even more controversial because the autopilot clearly did something wrong.

But the driver was also doing something wrong at the same time. And now this case is finally going to trial. And this is the third trial in a row going, the third wrongful death trial in a row going to trial in California after Tesla won the last two. So,

logic would tell you that Tesla is going to be winning this one too. But you have to take into account that the lawyers this time have the benefit of having learned from the last two trials and they're taking a different approach. And this crash happened in 2018. So the discovery process and all that has been going a long time. So for those who don't remember, this is the fatal accident of... Sorry, I forget his name. I think it's Walter...

Yeah, Walter Yuan, he was an Apple engineer. And the accident happened on the highway, I think on the left lane, and the autopilot screwed up and went into the median in an exit, and he crashed his Model X into a crash accentuator. That would be making the crash worse, no?

Yeah, but if I recall correctly, there was a crash. It was missing. Yeah, there was a crash like a week before. Yeah. What did you crash? Attenuator. Yeah, that's a better word. So there used to be a crash attenuator on the median at the barrier, and it was not there. So he crashed straight into the barrier or the remains of the crash attenuator that used to be there for the crash. He died, unfortunately, of his injuries there.

a few hours later at the hospital. So clearly the autopilot like did a mistake. You don't go into the median. It makes no sense. Bad. But you cannot automatically put the blame on it because Tesla says that you need to be paying attention. And there is clear evidence that he was not paying attention.

Was he playing a video game or watching? There was evidence that he was on his phone. I don't remember if it was a video game or not, but the phone logs did show that he was on his phone. So obviously not paying attention. But even then, I think there was like three or four seconds between going into the median and the crash, which obviously if you're paying attention, three or four seconds is plenty of time to adjust. Like, especially if you're like on the left lane, going into the crash, it makes no sense. You can just go back into your lane. It's,

It makes no sense. So this – because Tesla fans, sometimes they just go crazy on that stuff. They just like screw the guy, screw the guy's family. They just have their money and all that. He wasn't paying attention. It's his fault. No one is disputing that, not even Tesla.

The lawyers here in this case, they're not disputing that. That's what's interesting about this case. This case is taking a different approach where they are focusing on Tesla, one, knowing that there was a problem with the autopilot system.

doing that, the median, which I think that's not even in dispute. Like I remember, you remember the early days of autopilot set, like the autopilot would often take exit that didn't exist or whatnot. So that's common issues. But the more interesting part of it is that the case is focusing also on Tesla basically influencing the overconfidence of drivers, making it so that they would not pay attention.

And this is a controversial issue by itself. I'm the first going to admit that because you cannot dumb proof everything to the point that everyone is going to be safe. Everyone's going to abuse the system. So can Tesla really be responsible for someone abusing the system? However, legal experts are saying that Tesla did have a responsibility to look into the foreseeable abuse of the system and address that.

And based on the discovery of this case, it does the plaintiff

do claim to have evidence that Tesla did not do that, did not look into the foreseeable abuse of the system. Now, I'm not a legal expert, so I'm saying like, I don't know if there's really a case there. If you can say that if you don't look into that, then you're liable. I don't know that. I'm just saying it's an interesting case because we do know that there is a level of issues with people being overconfident with Tesla's ADAS system. I think everyone can admit that to a degree. Like some people get overconfident in the system.

to what degree is Tesla responsible for that? Obviously, like Elon's comments are a big thing on that. And that's what the last time we reported on this case, actually, I don't know if you remember this, said it was last year as part of the discovery process, which it was insane. Tesla's lawyer, so the plaintiff lawyers said that they brought up a bunch of Elon's statement about full self-driving, about autopilot at the time as example of why Tesla owners could become overconfident in the system.

And Tesla's response to that, it was like, we cannot even know for sure that these comments were from Elon because they could have been deepfake. That was amazing.

Yeah, which is an insane thing to do. First of all, they didn't even point out this is deepfake, this is not deepfake. We know that Elon has said plenty of things about full self-driving that could induce overconfidence in people. And I don't think there was ever any allegation that those were deepfakes. Why would you bring that up at the time of a trial? It's so weird. Or at the discovery before a trial.

Now there's still some issue with this trial. I think it's next week that they're going to start figuring out what evidence they can show to the jury. So that's going to be the whole deal, basically, depending on what they can show. Because the other interesting thing that came out this week with this trial is an email from John McNeil, who you might remember as Tesla's first president. I think it was first president. A long time ago. Yeah, a while ago. So before this crash happened,

I think it was in 2016, he sent an email to Elon and Sterling Anderson, who was the head of Autopilot at the time. He sent an email saying, I got so comfortable on the Autopilot that I ended up blowing by exit because I was immersed in emails

Or calls. And then in quotes, he says, I know, I know, it's not recommended to use. So basically, it shows that even Tesla's employees are abusing, or its own executive are abusing the system. So it shows that Tesla knew that people could abuse the system. Now, what are they doing to remedy that?

And that's going to be the, I think the, the juice of the, of this case here. And they're going to obviously focus on a few things like Tesla's lack of driver monitoring at the time. Um, the fact that they didn't launch the cab cabin facing camera driver monitoring until 2021, three years after this accident. Um, maybe they will, they can use also the, um,

The recall that happened last year in December that also focused on driver alerts. So you could argue that now that Tesla had to improve the driver alerts to tell them to pay attention and that was not there in 2018, that could maybe be a point. I don't even know.

So what I found interesting in this case, again, is that it's going to focus on does Tesla have a role to play in autopilot user, full self-driving user being overconfident in Tesla system? I think that's, there's, it's worth at least discussing at least, I think.

Yeah. I mean, you know, every word that comes out of Elon's mouth is basically like full self-driving is a miracle. Like, you know, that we have lots of retweets of people who are driving, you know, without their hands and that kind of stuff. So I think that there's a case to be made, but I don't know. I mean, I kind of feel like the Tesla should just go, look,

This is not full self-driving. This is, you know, an assist and you have to keep your hand on the wheel and you have to look forward. And that's what this is. And we don't know when the next thing is going to come out. But we already sell it to you. Yeah. And but you bought it like three years ago. So, you know, all of these things, they play a little bit of a factor, which is I think it's worth discussing these.

All right, Tesla India. That happened today. Tesla India might finally be happening. If you've been following this whole saga, this is interesting because India is the biggest auto market in which Tesla is not operating yet.

And the reason for that is like Tesla wants to do what it always do when it enters a new market. This is first the import vehicles from their other factories, their foreign factories and establish service infrastructures, sales infrastructure, supercharger infrastructure, start building a market there. And then obviously if the market is big enough, they start manufacturing there like they did in China, like they did in Europe, etc.

But India want Tesla to start with that and Tesla couldn't just bypass that because they have significant import duties for new vehicles in India. So Tesla wanted them to reduce their import duties or waive them completely before they establish a factory in the country so that they can build up the market and then do the factory. So for the last three years, basically, they've been going back and forth

trying to find a compromise and it didn't it wasn't never happened though last year it looks like it was getting closer when elon met with the prime minister moody in the u.s right after meeting and says that this would make an investment in india as soon as humanly possible so that was a few months ago and today the news is that the government uh released a new scheme they call it to um

accelerate EV manufacturing investment in the country. So basically, the scheme reduced the import duties to 15%, a much more reasonable rate for EVs valued at more than $35,000 for five years. But there are three main requirements to get access to that deal. One, you need to make an investment of a minimum of the equivalent of $500 million U.S.,

Two, you make a commitment to build a factory, an EV factory in India, and you need to get to production within three years. At that three years level, that commitment is a 25% localization of parts. So it's not too bad. But you need to ramp that up to 50% in five years, within the five years, which is, again, the five years that you get to also sell your vehicles at the 15% import duties.

Finally, there's a limit on those vehicles being imported to 40,000 total, 8,000 units per year. So not the greatest deal in the world, but a decent compromise.

Now, basically, Tesla could build a service center or multiple service centers in the country, start building a supercharger network, start selling cars, Model 3 and Model Ys, up to $8,000 a year while they make their investment into building a factory slowly so that by the time that the factory is starting to

to go into production, they already have a local presence, a local market build up from their vehicle importation. Makes sense to me. Yeah, the numbers are just low, like 8,000 a year for five years. That's quite not a ton of cars. Maybe they focus on the high end at the beginning and sell some Model Ss and Xs import-wise. Yeah.

It's got to be above 30K. Yeah, 35,000. But what I've been seeing from Tesla's most recent market launches, most of the time, they launch the open orders from all the people in Hawaii. They don't even open orders from all SNX, especially in those markets.

market that have a lower GDP per capita, like the Southeast Asia market and all that. Malaysia recently, Thailand recently and all that. So I don't know. I would imagine they would launch the or they would start building the model two or whatever we're calling the low cost.

Tesla there. Yeah, actually, yeah, there was a news that came out of that a few months ago that the deal that Tesla has. So obviously, the announcement this week is not about Tesla specifically. It opens the door to Tesla. But it is rumored that Tesla negotiated that deal with the government because there have been a bunch of rumors that Tesla has been negotiating with the government. And most recently, they said that the factory that they plan to make that

uh in india would be for the next gen cheaper vehicle which would make sense in the indian market that they don't buy that many expensive vehicle there well by quite a few because i mean it's over 1.6 billion people there or something i think it's 1.4 but yeah 1.4 yeah crazy

All right, moving on from Tesla news, we have five more news items to discuss, and then we're going to jump into the comments section. So if you guys have any questions for us, you can put them in the comments section right now. When I get to it in a few minutes, it can be about things that we discussed today or other topics in the EV world that you want us to address. We're going to get to it in about 15 minutes, maybe.

The Polestar 3 had a variant to it, a cheaper variant this week. So when officially launching, the price was starting at $83,000 US. And now you have a new variant with the long-range dual motor with Pilot Pack. Okay, Pilot Pack, yeah.

okay the pack is not the battery in here because all the batteries are 111 kilowatt hour um so the new base one basically uh with uh you know i have you should sing the difference here with uh the first two are basically exactly the same spec wise here yeah spec wise they're exactly the same

But you have a new version starting at $73,000 and you get the plus pack in the second one, which I don't know exactly. Maybe it's like interior features or whatever.

because you get 315 miles of range, which is great. You get 250 kilowatt charging, all-wheel drive, 489 horsepower, 0 to 60 in 5 seconds, just like the Plus Pack, which starts at basically $79,000.

And then you have the long range motor, pilot pack and performance pack, which gives you a little bit more horsepower for 4.7 seconds. So at 60, you do lose a few miles of range with that performance at 279. That now starts at 79,400. So right below the limit for SUVs to get the... That will be produced in the US, right?

Yeah, that's the same plant, the South Carolina one that builds the Volvo EX90. And then finally, you have the long-range dual motor with pilot plus and performance pack. I need to look into what their pack things are. That is the most expensive one at $85,000. And what do you get with that? A little bit faster, a little bit more...

Oh, the extra? Yeah, I don't know. Okay, so you get... So the pilot pack is lane change assist, park assist, and a heads-up display. The pilot and performance are great. 25-speaker audio system designed explicitly by Bowers and Wilkins with Polestar. Okay, so it's all basically just luxury packages inside. But yeah, a cheaper price of the Polestar 3, which makes sense. It was quite expensive, though.

at $83,000 starting price. It's still pretty expensive. Yeah. For not having a third row. Yeah. Volkswagen gave us a date for the production of its ID.1, its upcoming cheap 20,000 euros electric vehicle that's coming.

was the ID Life. It had a bunch of different names before. That thing is not coming soon. They revealed this week at a press conference that it's coming in 2027. So don't hold your breath for it. It's going to arrive around the same time, a little bit later even than Tesla's next-gen vehicle, though the volume production of that vehicle is probably going to be around that same time, 2027. So yeah, this is...

A bit of a bummer, but did they even commit to U.S. market for that? I don't think they have yet. Yeah. We did hear that the, what is it called, the GTI version of the IDE? Yeah, that they are interested in the U.S., yeah. Which I really think they need to do. It would be so nice to have a hot hatch, although Rivian's got one coming as well. Mm-hmm.

All right. Bad news or not, if you believe Fisker. So last week when we left it off with Fisker, they were in big doo-doo financially and everything. But they were saying that they were talking to a large automaker for an investment, for a partnership. They were being vague.

Then later, there was a Reuters report that it might have been Nissan. Now, if you've been following Nissan news this week, Nissan has been all over the place talking about partnership with this, partnership with that. Fisker's name never came up, but today they announced a strategic partnership with Honda. They don't even announce like an electric vehicle together or anything like that, but more like charging and research and development and all that. They're going to work together on that.

So I don't know if it's good or not for Fisker, but it didn't help the stock this week. Though what happened yesterday, March 15th, 14th, there was a report that Fisker hired a firm to help them navigate bankruptcy. So there's rumor that they're going to file for bankruptcy.

And then a few hours later, Fisker released a statement in response. And their statement is, as a matter of a company policy, Fisker does not comment on market rumors and speculation. However, Fisker often works with outside advisor, so that talking about the advisor, to help manage its business and assist in developing and executing strategies.

about bankruptcy. Fisker is focused on raising additional capital. So that's, that's the little denial of the, of the, because the first part is like, they're saying we don't comment on this and then they're like sort of like not even denying it. This is a little bit more of a denial. Fisker is focused on raising additional capital and engaging in a strategic partnership with a large automaker. Uh,

The company is also considering to pursue its shift to a dealership partnership model, which won't save them. In both North America and Europe, the leasureship team is laser focused on these efforts, even though Enric Fisker has been MIA for a few weeks now. It's just been like a running gang in the Fisker community. It's like, where is Enric? No one's seen Enric.

Yeah, this is not looking good. Everyone is laughing. They're saying MKDHD killed Fisker. I don't know about that. I think Fisker killed Fisker. It didn't help for sure, especially...

Especially like in KBHD, if you're a fan of his, like you follow his style, he doesn't really report on products that he don't like normally. Like if he posts a video, it's because he likes it, there's value. He doesn't review that many vehicles also. So when he does, it's again, because they find something very interesting on it. And this one, like he didn't say anything that,

Other people haven't said about the Fisker before. They have some major issues with the Ocean, and he just highlighted those. So I think it's more like, obviously, he has a massive reach. So I highlighted that a lot. He is extremely credible as a reviewer for especially our generation, I think.

So maybe that actually resulted in a lot of cancellation. I don't know. But don't put the entire bankruptcy of Fisker on MKDB. I think it was trending that way way before you ever touched the ocean. In fact, I would say many of the points that

he brought up the software you know was kind of messy um yeah our own Jamie uh Dow had kind of brought brought those to light a little bit earlier he wasn't as uh like I think the title of the video was like this may be the worst car I reviewed ever or something I don't think Jamie was as the title was worse than the video the video was like way more like but the guy is always very nuanced and everything in any way but the title the title hurt more than anything I think right

But yeah, actually the stock kind of bounced back from that a little bit from the note, even though I don't understand how anyone is believing Fisker at this point, honestly. It went down 52% when the report of the hiring an advisor for bankruptcy. And then it was up 42% after that announcement, that response from Fisker. Which is crazy because that's a non-denial denial. Sort of.

Yeah. And especially like, I think that the biggest thing that like kind of gave Fisker investors some hope would be like the Nissan rumor last week. But I would downgrade that rumor this week with Nissan announcing the Honda partnership and saying that they would work with Sony too and all that. Like how many companies Nissan needs to work with? And how much value is there in working with Fisker in the first place?

Again, Fisker is super cheap right now, I understand. And if you want to buy it, you're going to have to buy it at a premium, I would assume. But again, I'm saying they come with a billion dollar convertible note or whatever. I don't remember the exact cost. So you need to take over their debt too. Is it really worth that? I don't know. Well, no, I know it's not. Quote me on that actually. It's not. Yeah. Yeah.

All right, Waymo. Waymo is making some stride. They announced this week that they are starting their service with their app, full automated rides in LA of all places. So now you can be stuck in traffic in a Waymo instead of your own car, which is nice. And they also confirmed that they're going to open in Austin, Texas by the end of this year. So now it's what? It's SF, Phoenix, LA, LA.

do they have any other market? Uh, so the LA service area is going to be Santa Monica century city, K town, downtown parts of West Hollywood. So just parts of it, Beverly Hills, Culver city. Um, yeah, that's a, that's a lot. That's a big part of the city. Yeah. I mean, uh, there's plenty of, uh, Ubers needed in LA. LA is obviously a big driving town, so, uh, that'll go well. I think it's also interesting that, uh,

Waymo is not now operating or will soon operate in Austin. So, you know, Tesla workers can get a ride to work in a Waymo. A real full self-driving drive where they don't have to pay attention. Right. They still use the I-Pace Waymo? Is it the primary vehicle they still use? Yeah, I-Pace. They had those...

the Pacifica hybrids for a while. I think it's mostly I-Pace, which is crazy. They had a weird choice of their cars, right? Like two vehicles that kind of like didn't...

didn't really pick up in the EV space like the Pacifica and the old cars also had battery recalls too. They have a new one, a Zeekr, the Chinese brand owned by Geely, I think. Oh, really? And that's kind of like a minivan. It's a little bit bigger. That's going to be better. I think that holds like six or seven people.

Yeah, really. Google is weird. I mean, do you remember the original Google self-driving car? So it's not too much. Yeah, they were like weird, like mini bug. You know, Google's car predate the Microlino. Oh, yeah, that's true. It was bigger than that, obviously, but still the same kind of shape a little bit.

All right. This company that you like a lot, Span, the Anvila, a whole new lineup of their electrical panel this week. What do you find interesting about that, Seth? Yeah. So Span, they make the electrical panels that everybody has in their house, like the main panel. But it's smart. So you can tell it like, hey, if I'm getting too much power, turn off this breaker and turn off this breaker.

and, you know, turn on this breaker only at night. And, you know, you can do all kinds of stuff like that. There's 32 in the one that is kind of being sold now. They just announced a 48 panel, 48 breaker panel, and then two smaller panels, I think a 16 and a 24. They also have one with a meter built in. So the utility, they're working with utilities directly to

So utilities will come out and send these. So what's good about that? So a lot of people have like, you know, 80 amp service coming out to their house and they're electrifying. They're getting electric vehicles. They're getting, you know, heat pumps installed, which take a lot of electricity and they're getting rid of the oil heat or the gas heat.

And, you know, theoretically they're getting electric ovens and they're getting, you know, electric dryers and whatever. So this is a problem. And this is actually a problem that I have. I have a 200 amp service, but, you know, with the multiple electric vehicles, with the heat pumps that we put in, I'm bumping up against my 200 amp limit. Not that I'm using 200 amps at the same time. It's just, I have so many different electrical items that,

um that uh were hitting the the limit so you know i did some research on this um i i've known about span for a long time uh

i was like all right i need to get this because my electrician is telling me like instead of getting a second or third ev charger i i have to go off of one and i was using a neo charge which is kind of a splitter for a while but um i would rather have three different um chargers and i want them to be 48 amp instead of 32 amp so i want the most amperage i can get well with the span

I can say, hey, turn off my car chargers if I'm starting to get up close to the 200 amp limit. That way I don't need another 200 amp cable coming into my house, which our cables are buried and it's far from the street. So you need a trencher. It was going to end up being like $10,000 or $20,000. I mean...

that's quite a bit of money and you know the span thing is i think they're 3 500 now and there's a federal tax credit of i think 600 so it's down to 2 900 which is you know still a lot more than a regular panel but you get all these you know incentives and you know theoretically you can tell you know your car charging breaker to only come on during you know electric

when electric's cheap. And of course you can do that from the car and you can do it from a lot of chargers, but this is like all in one place. So you can kind of control everything from an app. And it's also good that you can see like, Hey, what is using all the electricity in this house right now? Yeah. Like, you know, if you have like an air conditioning in your attic, that's going and you're like, why is the air conditioning in the attic going right now? Just turn it off at the breaker. So it's kind of nice that you can,

control the whole house from anywhere in the world. You see where your solar is coming in. It controls the batteries. One, one kind of neat thing that it does. And we've heard kind of rumors that Tesla is going to be working with span and, and the CEO is the old head of Tesla energy. But what you could do is like, if you are using more than 200 amps,

you know, coming out from your line from the street, you can invoke the Tesla Powerwall to send electricity in, in addition to what's coming out. So it allows you to control a little bit more the batteries and the solar and what's happening on your home network. So anyway, I'm getting one of these. I'm getting installed like in the next couple of weeks and then I'm going to do a review of it. That's cool. Yeah, I think so.

Yeah, I kind of need DACA. Yeah, I was going to say you would be a good candidate. I have the weirdest electrical situation in my house with two different entries from the electric utilities, one in my garage, which is a 400-volt entry, and then I have

one, two, three different electrical panels in my main house on top of the two ones in my garage. Because my house kept getting... I didn't do it. I bought the house like that, but kept getting add-ons to the house. And the guy kept doing it himself and

I didn't plan the electrical situation very well. So when I got my power walls installed, it was so complicated. The guys couldn't believe it. They kept having to change the plans for it because of it. It was crazy. Yeah. All right. All right. Let's go to the comments. All right.

Mark Webb says, I wonder how much Tesla demand is being hurt by removal of USS radar and stocks, yoke, et cetera, and Elon's communication style. What do you think? Well, communication style, I can agree with. US radar, stock, I don't know, like the wider public, like they're hardcore, definitely think about that. But like I just talked to my Uber driver yesterday.

coming from the airport just now you had a 2023 model 3 and the guy was like all in in the island he's like I want the island it's looking super cool and everything and I asked him like what do you think of the of the stock and things like that I'm like no new wheels look super cool he's like yeah but

you know, the stalker didn't care. I think in the wider public, it's not that big of a deal on that. The radar, I would like to know the exact take rate of Tesla's autopilot, enhanced autopilot and full self-driving. We talked a lot about full self-driving because we bought it, obviously. And Elon Musk keeps saying that Tesla is worth nothing without it. But

the reality of it is like the take rate is pretty low on that thing. Like it's, it's not talking about it obviously, but if it's over 15, 20%, it would be, I would be shocked. Um,

So, yeah, I don't think that's a big deal. Elon communication, yeah, because obviously Elon is the face of Tesla. And he keeps putting his foot in his mouth saying some dumb things recently. You excited about this Don Lemon interview Monday? Oh, yeah, that's coming out Monday, right? Oh, my God, yeah. Yeah, that was another one where... I saw some clips. He did not look happy. I don't know why he was so upset, but...

Yeah, that was a double whammy for me because, like, one, it's dumb to – like, obviously, I know people keep making the distinction between cancelling the contract and cancelling the show. Like, people say, he didn't cancel the show. He just cancelled his contract with X. Look, at the end of the day, he had a contract with, what is his face, uh…

Tucker Carlson. You have a contract with Tucker Carlson where he openly amplify Tucker Carlson on X, a conservative voice, obviously. And then his idea was like, we'll take a liberal voice, Don Lemon, and offer him a show, offer him a contract, and amplify him too so that it's going to be fair

even though you have to trust that they're going to be amplified to the same level, whatever. Okay, it's going to be fair. And then as soon as he gets an interview for Elon Musk and Elon Musk is unhappy with it, he cancels that contract. So I know he's still allowed to post on X and everything, but there's still a

balance issue and even though you can see it's still free speech because he's allowed to do it and everything at the end of the day if you know how X works amplification is everything and if you're not amplified you might as well not be heard at all like it's that's how it works so it's dumb on that where he's being an hypocrite on that front and it's also dumb that if he didn't want people to see that interview

Like that whole thing is going to make more people watch an interview because first of all, it's not just going to be on X. Now it's going to be everywhere. And people are going to just want to see it because of all the controversy. Yeah, what happened? Yeah. And some of my friends were like, do you think this was done on purpose? Like, do you think Elon's just amplifying the thing? And I don't know. I don't think so.

No, because now more people are going to watch it on YouTube and all that, I think. Even though I'm sure that the X number is like you just scroll past it and it gives you a view. It's just like Facebook or something. It's not like YouTube where you have to click on it to get a view.

So I'm sure that the X numbers will still be good. And then Elon will show that with a screenshot. Like, look, we still got like 5 million views on X or whatever. So don't be surprised if that happens. But yeah, I mean, I think more people are going to watch that. And apparently he's not happy with it. I know that you shared with me the Kara Swisher thing. Like she apparently got a scoop on the Elon side of things. She said that Elon's representative...

She got the text from it, like, cancel that contract, whatever. And that mentioned his ketamine use, as if that was an important part of the interview that Elon got upset about. Before that, I didn't actually believe that much that he had a ketamine problem because ketamine problem is like

Pretty hardcore in my head. Like, you're not really functional if you have a ketamine problem. I know ketamine is used in therapy now and everything, or in very small doses in a therapeutic environment. But, like, they're talking about abuse of ketamine, which is pretty hardcore. I never really believed that. But now I'm tempted to believe it more if talking about it really upset Elon in this interview. Yeah, and Matthew Perry, the guy, died recently from it.

Oh, from it? Because now if it started being more serious, the allegation of drug abuse, this should be a problem. He's the CEO of a public company. He's the CEO of a defense contractor. Like, what?

Again, I didn't believe it until now. I still don't believe it for a fact. We need to see the interview and whatnot. But if there is something there, now we need to be careful. Yeah, and I think they've alluded to it. Elon's alluded to it. He's tweeted out things about ketamine being for whatever. But I also think that he got in trouble for the Joe Rogan smoking weed. So I can't imagine...

I think they did a whole review or something on SpaceX. Yeah, but he passed that review, I think. Right. But he probably doesn't enjoy going through those, and he probably didn't want to get into another one. All right, moving on. Over the last couple of weeks, I have perceived a shift in leadership from Tesla to Rivian, not in terms of sales, obviously, but in terms of how North American EV enthusiasts view the market.

That's true. I would agree with that. I've seen a lot more people getting excited about Rivian, excited as a top leader in the EV space. No one is going to

Doubt that Tesla is still a leader in sales, a leader as a company in terms of size and all that. But I've seen it on X2 from Tesla fans attacking Rivian like crazy. Which, I mean, that's what I've been saying for a long time. I hate to see it.

These hardcore Elon fans are not really Tesla. They are Tesla stock fans. They are Elon fans. They are not at Electrek. You keep saying that we're like these people keep saying that we are anti-Tesla, anti-Elon. We're not anti-Tesla. We're pro-Tesla's mission.

which makes up pro-Tesla to a degree. So keep that in mind. These people, when they trash other EVs like Rivian, like, why would you trash Rivian? They're not pro-Tesla's mission to accelerate the advent of electric vehicles and renewable energy. All right, let's change the background. If Rivian's not about later, we're going to switch it up for us then. All right. I know that I canceled the Model X order for these reasons. So he's talking about Elon's communication style, I'm assuming.

Or the lack of radar and stuff. Oh, maybe it was both. The yoke form is not an excuse because the round wheel is standard now, but you don't get the stock, that's true. All right, a couple of people have been asking about Mikey G from Quick Charge. I got an email from Mikey about two weeks ago saying he was burnt out and he's going to take a break. So I haven't heard much from him since then, but we have our own Steven here.

On the Quick Charge podcast, I think he's doing a great job. Obviously not up to speed quite yet. Yeah, give him a chance. Yeah, give him a chance. If you follow us on Instagram, you're already familiar with him. He's posted a video on Instagram. But the Quick Charge format was really much Mikey, and he's trying to adapt it to his own. So you have to give him a chance. For sure. Yeah, he's great.

All right. Mark Webb, it feels to me like Hyundai is taking the lead with products like the EV9. Competitors are starting to offer faster charging rates and longer range, but Tesla doesn't seem to be improving in those areas. Yeah. I mean, the EV9 is not really the same kind of product as a... It's not even a Kia EV9. It's an $80,000 fully loaded... It's a big vehicle. Top of the luxury big vehicle. It's

I think it's 50, I think. Yeah, it started at 50, but you can load that thing with like, it feels like it escalates sometimes, like all the very nice options and everything. So yeah. But yeah, it's a great product. I don't know if it's taking the lead really. Let's see how much they sell because

Like the Ionic is a great product. EV6 was a great product, but they didn't sell like terribly well. Like it's picking up now. So let's see if they get some momentum and really get behind it. But the product, I agree, is great. And also Hyundai isn't coming out with these like announcements like, hey, we're slowing down production or hey, we're doing this. They're going full steam ahead. So good for them.

The Model X seems to get worse and worse. I don't know if it gets worse and worse. It probably just stays where it's at, which is, you know, it's still quite fast. Still seven or seven seater sometimes. So I love the styling of the Ioniq 6, but I won't mess with a dealer ever again. That's a good point. Dealers are not fun to deal with. Some are okay. Most are not. Yeah. If you have a good one, you're fine. But on average, good luck finding a good one. Yeah.

All right. Agree. Dealers are big negative. There's our math. Thank you, Ian. Jorg says service capacity seems much too low for actual challenges. Depending where you are. Yeah. I know I can check with my phone on me, but check if I want to get a this appointment right now. I'm actually my model Y is having a lot of issues lately. Now our front...

wheel is just squeaking like super loud and it's like a known problem and they fixed it in later models but ours didn't hit that until after the warranty so it's going to be like a $600 repair which I'm not really a fan of a friend of mine made abysmal experiences swearing to never buy a Tesla again which I am sorry about as a Tesla owner investor myself

Yeah, I mean, we've heard some of those, but this is anecdotal. Okay, he's in Hamburg, Germany. Yeah, I'm not that familiar with Tesla's service capacity and quality in Germany. But I feel for you, for your friend. All right, we have a stock prediction. Medi says Tesla stock is going to tank in April. It's not even going to hit that 420 number. It's 415, according to our Facebook friend.

We'll have to see. Tesla service has been great for me, but I've also never had any serious issues from them. Yes, same, same. I had only a very few issues with my car and always had a great service experience. Mobile service is awesome. Mobile service is a big game changer. All right. Hello to Club Rivian on Facebook.

I believe the Rivian R2 and R3 will significantly erode demand for the 3 and Y, assuming Rivian can ramp production enough. I mean, we're talking two years, three years. Yeah. R3, you don't even know when that is. R2 volume production is still several years away.

All right. We have a direct at Fred. Come on, Fred. Some people are overconfident crossing the street. Should we sue crosswalk lights for the same reason? That's a bad comparison. Yeah, it's not great. Talking about an active driving technology versus like a street. Electric Brian says Tesla needs to call autopilot adaptive cruise control with lane keep assist. I mean... Like every other automaker out there. Yeah.

Remind me again of the status of FSD4. All new Teslas have it? Seek Cybertruck. In my opinion, FSD needs higher resolution cameras and it's unclear what they are using today. Well, Cybertruck doesn't have any kind of FSD.

Yeah, nothing active right now. But Tesla did a camera upgrade in the latest generation of the sensor suite, which I don't know. Since then, I haven't heard any expert really hammering on that. I know that the previous one, there might be an argument for it. Some even saying that Tesla will need a retrofit for the cameras that was in the 3.0 sensor suite.

But I don't think that's a concern at this point right now for the 4.0. But yeah, in the CT, there's like sets and there's nothing. Well, the hardware is there. There's no software for it. Right. All right. Scott Carter says, I don't think autopilot is misleading and the airplane autopilot assists the pilot. You will never want to see your pilot back in the cabin watching a movie to keep the lawyers away. Call it cruise control.

Yeah, I mean, we've heard that a lot. That's the argument that people have been using. I think it's fair. I'm not saying you're wrong there. I think it's a combination of the name, of the communication, of Elon's comments. I think the entire thing, like if you are like us, if you're a Tesla owner and you have a autopilot and you get someone that's not really familiar with Tesla in your car or even a brand new owner of a Tesla vehicle,

One of the first questions they ask you about it, you have the full self-driving package. Oh, yeah, it can drive itself. They assume that. It's just something that gets into the zeitgeist kind of thing. All right. Michael Smithers says, ship Model 2 East and Model 3 and Y, I think he meant West, between India and China and keeps the ships full both ways. That'd be funny. Tesla faces scrutiny after Angela Chao death and Model X report that family does not fault Tesla.

Yeah, that was kind of a weird one. Seth and I had a weird conversation about that. Some miscommunication. I thought Seth went full conspiracy theory on me. I was like starting to get worried for him. But yeah, like this, I think there was some confusion about that from the autistic community where some people thought that

There was the new shifter. Yeah. Yeah. The more recent shifter where you have to shift on the screen or the automatic shifter, if you will, rather than the stock. But she had a 2020 Model S with the stock. So it was just unfortunate, very unfortunate, terrible way to die. Yeah.

mistake that people do with this talk. It happens, especially people like that are not used to trucks because this is a way to a gear selection system that's more popular with trucks. So she admitted to her friend that it's something that she has a problem with that she made mistake with that before. But those people don't know she put it in reverse instead of drive and she reversed into her pond and drowned in the car, which is a horrific way to die.

yeah apparently it took like an hour and they were trying to get her out it's just really horrible all right moving on mike the car geek uh waymo is keeping jaguar in business yeah i think uh that's interesting i wonder how many uh of the jaguars uh eyepaces that are out there are in google's hands

The down room machine, it's frustrating to see homeowners talking about second and third chargers. Sorry about that. And so many apartment dwellers can't get one. Don't know what to tell you. You know, we have a teenage son who's going to be driving a Chevy Bolt soon. So we're looking at a third charger. Sorry.

Yeah, I know it's frustrating, especially like I've heard also for condo organization like HOA trying to convince your HOA to let you install a charger. These things are unfortunate. I think there's going to be a momentum at some point where this is going to be less of a problem. But I know right now it's not the easiest thing to do. All right. Robert Palmer says it was got ya journalism.

and a smear job. He doesn't have to answer questions over and over. Some things are private. So talking about the Don Lemon interview, I guess. So it sounds like we might have a big Elon fan here. And he takes regular drug tests. I guess he's on the inside. Come on, guys. Yeah. Some people said that, but I've looked at the regulation for defense contractor. I don't think that's that much of a regular thing. Yeah.

Mark Webb has an interesting, I guess, last comment here. Elon has become such an unpleasant person over the last two years, assuming, and blaming this on drug use is almost a kinder explanation than accepting that he's always been a dick. Yeah.

I had the whole tweet this last week about that kind of realization of like, in my head, I've been thinking like my opinion has changed on Elon in the last few years because he has changed in the last few years. Or I just, I kind of opened my eyes. I haven't seen that he's been an asshole all this time. I'm not saying that that's the case. I'm saying that it might be the case and I just haven't seen it.

So, yeah, I don't know the truth on that, but it probably isn't about, I would assume, like he also changed a lot in the last few years. I mean, my theory has always been that he's addicted to social media and it's kind of a situation where

He's like it's kind of a drug addict with 175 million drug pusher keep pushing him in drugs because he's addicted to social media and he has a giant following on it. Like he's attracting it. So and obviously he's also in a weird situation where he's extremely influential both on and off social media through his wealth, through his connection, through his.

his companies so it's a very weird situation um like i i think i think the only like way out for him is like he has to delete twitter which is impossible for him now because his wealth is not attached to that too so he's is he's financially incentivized to keep his social media uh addiction

It's such a screwed up situation. I kind of feel bad for him to a degree because I could put myself in this situation. I don't know if I would be able to pull out of that either. I would hope I would be, but I don't know. It's a weird one. It's crazy. Anyway, let's end on this note. Let's hope that Elon's

get a hold of his social media addiction. We all have issues in our lives that we could do better on. And that's probably the main one from Elon.

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