⚡ Tesla Takeover: The Unstoppable Power of AI! 🤖🔥

Summary

The video discusses the rapid advancements in AI and Tesla's significant role in this field. With nearly 7 million vehicles collecting data for AI training, Tesla is poised to lead in AI and robotics. The script highlights Tesla's AI capabilities, FSD technology, and its potential impact on stock value. It also touches on Tesla's insurance model, energy storage leadership, and the company's commitment to safety, suggesting a bright future for Tesla despite media criticism.

Takeaways

• 🚀 AI and compute advancements are accelerating, with AI compute increasing 10x every 9 months and AI expected to exceed all human intelligence within five years.
• 🚗 Tesla is not just a car company but an AI robotics company, with nearly 7 million vehicles on the road collecting data for AI training.
• 🌟 Tesla's AI advancements are leading to significant stock price increases, with a potential for further growth as AI capabilities expand.
• 🌐 Tesla is planning to roll out Full Self-Driving (FSD) in Europe and China by 2025, which could significantly impact the company's revenue and stock price.
• 💰 The potential revenue from FSD subscriptions alone could add billions to Tesla's annual income, depending on the conversion rates of existing car owners.
• 🔢 Tesla's data collection capabilities are unparalleled, with their data capture ability being 20x greater than Facebook's, Instagram's, and YouTube's combined.
• 🏭 Tesla operates some of the world's largest AI clusters, which are crucial for training AI models for FSD and robotics.
• 🚖 The introduction of Tesla's robotaxi service is expected to revolutionize the transportation industry, with the potential to disrupt traditional car ownership models.
• 💡 Tesla's insurance service is a game-changer, offering real-time monitoring and personalized premiums based on driver behavior, which could be bundled with other services in the future.
• 🌿 Tesla continues to lead in brand loyalty and safety, with the lowest likelihood of being involved in a fatal accident among vehicle brands.

Q & A

What is the significance of AI compute increasing at a 10x rate every 9 months?

The rapid increase in AI compute power suggests that AI capabilities are advancing exponentially, which could lead to AI surpassing the sum of all human intelligence in less than five years, according to the transcript.

How does Tesla's vehicle fleet contribute to AI training?

Tesla has nearly 7 million vehicles on the road, which are driving 2,000 miles a second and contributing to AI training at scale, as mentioned in the script.

What is the projected timeline for AI to exceed human intelligence according to the speaker?

The speaker suggests that AI will exceed the sum of all human intelligence in less than five years and could already be smarter than the smartest human by next year.

What is the potential impact of Tesla's FSD (Full Self-Driving) on the company's stock price?

The potential impact includes a significant increase in revenue from FSD subscriptions, with the stock price potentially rising based on the conversion rate of vehicles to FSD, as discussed in the script.

How many AI clusters does Tesla have, and what is their significance?

Tesla has three of the world's largest AI clusters, which are crucial for training AI at scale and are expected to be used for FSD and Robotics, as highlighted in the transcript.

What is the significance of Tesla's data capture ability in the context of AI?

Tesla's data capture ability is significant because it dwarfs that of companies like Facebook, Instagram, and YouTube, providing a substantial real-world dataset for training AI applications, as mentioned in the script.

What is the potential revenue from Tesla's FSD if 15% of its vehicles convert to FSD?

If 15% of Tesla's vehicles convert to FSD with a monthly subscription fee of $100, the annual revenue could be $1.08 billion, as calculated in the script.

What is the significance of Tesla's insurance business in the context of AI?

Tesla's insurance business is significant because it uses AI to monitor driving behavior in real time, allowing for personalized premiums based on actual risk, which is a game-changing approach in the insurance industry.

How does Tesla's approach to energy storage fit into its AI strategy?

Tesla's energy storage solutions are part of its AI strategy as they involve AI-driven management of battery storage, which is crucial for the integration of renewable energy sources and the electric grid.

What is the projected timeline for Tesla's robotaxi service to launch in Hollywood?

The script suggests that Tesla's robotaxi service will be running around Hollywood within 26 trading days.

How does the speaker view the mainstream media's treatment of Elon Musk and AI?

The speaker criticizes the mainstream media for ignoring Elon Musk's contributions to AI and for not recognizing him as a top influencer in the field, suggesting a bias or misunderstanding of his impact.

Outlines

00:00

🚀 AI Advancements and Tesla's Role

The speaker discusses the rapid advancements in AI and computing, noting that AI is projected to surpass human intelligence within five years. They highlight Tesla's significant role in AI development, with nearly 7 million vehicles on the road contributing to AI training. Tesla's AI clusters are among the world's largest, and the company is poised to disrupt the auto industry with AI-driven innovations like robotaxis and advanced driver assistance systems (FSD). The speaker also touches on Tesla's stock performance and the potential impact of AI on the company's valuation.

05:01

🌐 Tesla's Global Expansion and FSD Licensing

This paragraph delves into Tesla's global expansion, particularly in China and Europe, where the company has millions of vehicles. The speaker speculates on the potential revenue from FSD subscriptions in these regions, providing a conservative estimate of the impact on Tesla's stock price. They also mention that Tesla is in talks with other original equipment manufacturers (OEMs) for FSD licensing, suggesting a significant future revenue stream. The importance of data in AI development is emphasized, with Tesla's data collection capabilities far exceeding those of tech giants like Facebook, Instagram, and YouTube.

10:05

🤖 Tesla's AI and Robotics Leadership

The speaker praises Tesla's leadership in real-world AI applications, such as insurance, robotics, and energy storage. They discuss the company's AI clusters, including the Dojo supercomputer, and how these resources are being used to advance AI capabilities for FSD and robotics. The paragraph also addresses the media's underestimation of Elon Musk's contributions to AI, contrasting this with his significant role in the field. Lastly, the speaker anticipates Tesla's robotaxis to be operational in Hollywood within a short timeframe, signifying another milestone in AI deployment.

15:11

🔋 Tesla's Energy and Insurance Innovations

This paragraph focuses on Tesla's energy storage initiatives and the company's potential to be valued as an energy giant. The speaker mentions significant battery storage projects in Australia and the United States, highlighting Tesla's market leadership in EVs and energy storage. They also discuss Tesla Insurance, which offers personalized premiums based on real-time driving behavior, and how this service could be bundled with other Tesla offerings. The paragraph concludes with a comparison of Tesla's safety record with other car manufacturers, emphasizing Tesla's commitment to accident avoidance and occupant safety.

20:19

📈 Tesla's Financial Performance and Market Outlook

The speaker analyzes Tesla's financial performance, emphasizing free cash flow as a key indicator of the company's strength. They compare Tesla's historical financials with Amazon's, suggesting a similar growth trajectory. The paragraph also discusses the challenges faced by traditional automakers, such as Volkswagen, and their struggle to adapt to the EV revolution. The speaker predicts the obsolescence of hybrid vehicles and positions Tesla as the leader in the EV market. Lastly, they provide a technical analysis of Tesla's stock, suggesting a positive outlook for the company's shares in the short to medium term.

25:24

🚗 Tesla's Competitive Edge and Future Prospects

In this final paragraph, the speaker discusses Tesla's competitive edge, noting the company's high brand loyalty and safety records. They also mention Tesla's growth in insurance registrations in China and the company's expanding production capabilities. The speaker critiques the strategies of other automakers, particularly their focus on hybrids, which they believe will become obsolete. The paragraph concludes with an optimistic outlook for Tesla's future, citing the company's innovative spirit and Elon Musk's vision as key drivers of success.

Keywords

💡AI

AI, or Artificial Intelligence, refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. In the video, AI is a central theme as it discusses the rapid advancements in AI and its potential to exceed human intelligence within a few years. The script mentions AI's role in Tesla's self-driving technology and how it's being used to train AI at scale with data from millions of Tesla vehicles on the road.

💡Compute

Compute in this context refers to the processing power or computational ability of machines, particularly in the realm of AI. The video script highlights the exponential growth in compute, noting that AI compute is increasing at a rate that could lead to AI surpassing human intelligence. It underscores the importance of computational power in driving AI advancements, especially in Tesla's AI clusters.

💡FSD

FSD stands for Full Self-Driving, a feature developed by Tesla that aims to enable vehicles to drive autonomously without human intervention. The script discusses the FSD's progress and its potential impact on Tesla's business model, suggesting that as FSD becomes more widespread, it could transform Tesla vehicles into a software-as-a-service model, significantly influencing the company's revenue and stock price.

💡Robotaxi

Robotaxi refers to self-driving taxis that operate without a human driver. The video script mentions Tesla's plans to roll out a fleet of robotaxis, indicating a future where autonomous vehicles could provide transportation services. This concept is tied to Tesla's AI advancements and the potential for their vehicles to generate income through ride-sharing services.

💡Data Centers

Data Centers are facilities used to house computer systems and associated components, such as servers, storage systems, and networking equipment. In the context of the video, data centers are crucial for Tesla as they store and process the vast amounts of data collected from its vehicles to train and improve AI models. The script emphasizes Tesla's extensive data capture capabilities, which far exceed those of other tech giants like Facebook and YouTube.

💡AGI

AGI stands for Artificial General Intelligence, which is the idea of machines possessing the ability to understand, learn, and apply knowledge across a broad range of tasks at a human level. The video script suggests that Tesla is on the path to developing AGI, or 'baby AGI,' with its real-world applications of AI in areas like self-driving cars and energy management.

💡Energy Storage

Energy Storage refers to the capture of energy produced at one time for use at a later time. In the video, energy storage is discussed in relation to Tesla's role as a leader in the field, with the company's batteries and energy solutions playing a significant part in the renewable energy ecosystem. The script mentions large-scale battery projects that Tesla is involved in, highlighting the company's impact on the energy sector.

💡Dojo

Dojo is Tesla's in-house developed AI training supercomputer designed to handle vast amounts of data and train neural networks for autonomous driving. The script mentions Dojo as part of Tesla's AI infrastructure, indicating its importance in advancing the company's AI capabilities and reinforcing Tesla's position at the forefront of AI research and development.

💡Insurance

In the context of the video, insurance refers to Tesla's venture into the auto insurance industry, leveraging data from its vehicles to offer personalized insurance policies based on actual driving behavior. The script discusses how Tesla's insurance could revolutionize the industry by providing real-time monitoring and personalized premiums, setting it apart from traditional insurance models.

💡Brand Loyalty

Brand Loyalty is the measure of a customer's commitment to a brand. The video script highlights Tesla's high brand loyalty, with a significant percentage of Tesla owners being likely to purchase another Tesla vehicle. This is indicative of customer satisfaction and the strength of Tesla's brand, which is a key differentiator in the competitive automotive market.

💡Free Cash Flow

Free Cash Flow is a financial metric that represents the cash a company generates after accounting for capital expenditures. The video script emphasizes the importance of free cash flow as a more accurate indicator of a company's financial health than traditional earnings or profit figures. It suggests that Tesla's strong free cash flow positions the company favorably for future growth and investment.

Highlights

AI compute is increasing at a 10x rate every 9 months, with AI expected to exceed all human intelligence within five years.

Tesla has nearly 7 million vehicles on the road, contributing to AI training at scale.

Tesla's AI advancements position it as a leader in the AI and robotics sector, not just as a car company.

Tesla's AI capabilities are being used to enhance vehicle features like FSD (Full Self-Driving) and robotaxi services.

The potential for Tesla's FSD in Europe and China could significantly impact the company's stock price.

Tesla's data capture ability is unparalleled, with 20x more data than the largest social media platforms.

Tesla's AI clusters are among the largest in the world, with significant implications for FSD and robotics.

Tesla's insurance is a game-changer, offering real-time monitoring and personalized premiums based on driving behavior.

Tesla's brand loyalty is exceptionally high, with a 67.8% rate for the first half of 2024.

Tesla is the least likely vehicle to be involved in a fatal accident, emphasizing its safety features.

Tesla's financial strength is underscored by its free cash flow, which has been steadily increasing.

Tesla's stock performance has been strong, with a 41% average return over the last 14 years.

Tesla's Gigafactory in Texas is the largest factory building in the world by volume.

Tesla is expanding its production capacity, with over 30,000 Cybertrucks built and ramping fast.

Tesla's AI and energy initiatives are positioning it as a potential market leader in the energy sector.

Tesla's AI advancements are not fully recognized by mainstream media, which often overlooks its contributions to the field.

Tesla's AI roadmap includes significant updates like FSD and the expansion of its AI clusters.

Transcripts

hello everybody it's Tesla time as you know um  there's a lot of crazy things happening in the  

world of AI and compute and I had a button undone  sorry about that um and it's time I'll be doing  

this once a week from here on in because there's  so much changing AI compute is increasing a 10x  

every 9 months AI will exceed the sum of all human  intelligence in less than five years and next year  

AI will already be smarter than the smartest human  if it's not already these are things that you  

need to know about and this is a story of AI and  disruption as you know uh ever since 2022 there's  

only two narratives in our world if you follow  this channel you know what they are it's crypto  

and it's AI this is going to be the AI portion  we're going to break it down and this is very  

very important and anybody watches this channel  anyway I know you got two bags crypto AI Tesla  

anyway they uh we're going to talk about a lot of  AI stuff very very exciting but Tesla currently  

have nearly 7 million vehicles on the road they're  doing 2,000 miles a second and that's all being  

used to train AI at scale and Tesla now has three  of the world's largest AI clusters for what we'll  

see and this will be heavy on robot tax energy  valuations price targets ta competition and a  

ton more so sorry for the long intro and thank you  w and patreon that make this possible uh the dumb  

founder here every day working towards the path of  Financial Freedom patreon member LF GGG yes let go  

go go thank you yes and again in investing got to  be in the 1% of assets because they are the ones  

that make a difference and you can go back all the  way 130 140 years same story every time let's get  

into the story today though this is inspired by  the Tesla AI road map that was Unleashed and thank  

you to the mods in the chat K8 Shan dony T&D Tesla  love you guys but uh Tesla shot up nearly 6% this  

morning after a big gain yesterday as well Tesla  was 200 bucks on Thursday last week so less than a  

week it's gone up you know more than 15% thank you  d travels but um the stock is still down for the  

year but now everything is coming to a head if you  look at this road map okay very quickly you'll see  

he I think Elon said in a conference call in July  it was likely to launch FSD overseas by the end  

of this year or early next well it's happening yes  they may need some regulat regulatory approval in  

certain countries but you can't stop advancements  in this area China as well and here you can see  

the road map the Tesla AI team again it's an AI  company AI robotics company people think it's a  

car company it's not the robots happen to have  wheels there any difference but 12.5.2 is coming  

out cyber TR AO Park cyber truck FSD end to end  stack on on network on highway is coming to uh  

unpark uh Park and reverse and FSD is coming as  well I think that's kind of what they call banish  

it already has ass right now which was launched  and version 13 is coming with Sixx improved  

miles between necessary interventions I know some  people that can drive 250 Mi and 300 mil with zero  

intervention that means they can go 1,800 miles  without an intervention and again the hugest news  

of course q1 2025 FSD in Europe and FSD in China  no problem with regulatory approval in China it's  

going to happen we're going to break down what  that means as well for the stock price too now  

Tesla another view of it uh what does rolling out  to China and Europe actually mean well Tesla have  

about 2 million cars running around in China  and about 2 million in Europe and 2 million in  

the US and another million in different parts of  the world that's 6 million cars and of course me  

being a numbers guy what does that mean for the  stock so let's throw together a very crude little  

simple table and I've done very very sophisticated  price prediction models with with hands and CERN  

and others but just take this hey Rusty Woods  North America EU and China 6 million Vehicles  

the percentage converting to FSD I assume just 15%  being the conservative low bag that's the number  

of cars next year potential potential 900,000  if the monthly subscription fee is 100 bucks  

that means annual revenue 1.08 billion if it's 20%  conversion 1.44 billion if it's 20 5% conversion  

1.8 billion and a very conservative impact on the  stock price would be 26 bucks for 15% conversion  

$35 for 20% and $44 for 25% remember these are  extremely conservative numbers but if you've  

tried FSD if you've used it if you've seen all  the iterations you will not get behind the wheel  

of a car without it we'll talk about safety in a  little while too but what does this mean it's not  

just how many people would convert pay 100 bucks a  month imagine you're selling a car for 30 40 Grand  

that turns into a SAS software model as well that  is the really exciting thing that people have to  

get their heads around but there's more because  there are three oems one two three that are in  

talks with Tesla to license their FSD right now  as we speak we know in 5 to 10 years definitely  

well somewhere between 5 and 10 years probably  sooner if a car doesn't have FSD it may not even  

be allowed on the road and it'll be completely  obos it' be a dumb car but look at this this is a  

story of Volkswagen and rivan Volkswagen to invest  $5 billion in EV star rivan for a software license  

so they can understand how to make software  work on a car $5 billion what would happen and  

an FSD rivan doesn't have any FSD they've got  something that plays music and Bluetooth maybe  

the ability to do an over thear update that's it  FSD is the Crown Jewel can you imagine what it's  

worth imagine 3 OEM spending more than 5 billion  maybe a lot more and ongoing Revenue too it's  

it's mind-blowing let's get into the AI though  and talk about how size matter is ladies and  

gentlemen this is from Brett winon from Arc and uh  he said Facebook has 10x proprietary language data  

on database as was used to train llama models and  images they have 20x more than that and Instagram  

and YouTube have 2X more than that and uploaded  video and yet Tesla's data capture ability dwarfs  

all at another 20x it's very difficult to see  what this looks like in scale so here's another  

chart to give you some perspective of how much  data not only do Tesla have but how much they've  

been mining for eight years plus every car  records everything and uploads it to a massive  

number of data centers but this is Tesla size  versus YouTube Instagram meta Etc and YouTube  

which is a monster which is what we're on right  now is a spit in the bucket compared to the data  

that Tesla has a lot of people talk about all  these AI players and competition nobody nobody  

is using data for real world AGI baby AGI  applications except for Tesla and few see it  

but they're waking up we'll talk talk more about  them waking up too and also AI is not dead it's  

extremely hot AI companies captured 35% of us  startup investment up 169% since 2022 and 106  

million was raised by non aai in the US this year  it's pretty big AI is Big we know investing has  

fallen down but it's all AI or nothing now this  is a Tesla slide too a proof how Tesla is the  

leader in real world AI stuff like insurance is AI  driven robot taxi AI driven FSD AI driven Optimus  

AI Driven Auto bidder AI driven energy storage to  some extent I don't know about lithium refining if  

that's AI driven or not but service and collision  as well it's incredible the Collision warning  

system unbelievable there's a great video go go  search it on on Twitter as to how a cyber truck  

avoided a collision a car was overtaken another  car in the wrong lane and literally the Cyber  

truck evaded action which is only possible because  of the speed because of four-wheel steering but it  

got out of the way and missed it by like an inch  this is the stuff that nobody else can do anyway  

let's talk about three of the largest AI clusters  in Earth from Whole Mars catalog Elon co-founded  

and provided the initial seed capital for open  Ai and then he got shafted stabbed in the back  

we'll talk more about that too in a minute and  the startup XI is built up a 100K GPU cluster  

and Tesla in Texas has another 100K cluster  and another 35k cluster of h100s in California  

they also have Dojo running and up and live and  these models will be used for FSD and Robotics  

and ultimately will be used by many many millions  of people this is all happening the player with  

the most compute will win that's it we already  know who that player is and they're applying  

this compute to a real world use case which is  stunning and shout out to Sawyer Merit 7 million  

cars driving 2,000 m per second that's where  we are right now that is an average estimated  

62 billion miles per year and again all of that  data is being mined and farmed now despite this  

huge AI picture that I painted for you all  media hate Elon this is the biggest snub in  

the history of the world uh MSM ignore Elon as  he's a threat to them in every way they talk  

about the time 100 AI most influential people  100 people Elon doesn't make the list he should  

be by far in way the king of the throne it's a  complete joke that they leave him off the list  

and he's the only player on the planet doing  baby AGI and instead they have a singer Swift  

something is on the list explain to me please  how swift is an AI influencer I don't know

this world is full of crap and the sooner you  guys wake up to it and realize it the better  

off you will be ignore mainstream media they  have lost their way many years ago but it's  

getting even more extreme now too so and other  news too within 26 trading Days by the way I  

count trading days not days days 26 trading days  Tesla robot taxi will be running around Hollywood  

and this is an AI rendering of what it look like  probably a two-seater we'll see if we actually  

see it other either way other cars will be enabl  to run around too it's going to be exciting and  

I know expectations are high but I do believe  Tesla stock will be under constant accumulation  

up until the 10th of October I've haven't saying  that for weeks now and it has been so we gone from  

170 bucks up to 231 now or something so it's  under gradual accumulation because the Wall  

Street analyst folks are waking up Time Magazine  not so much Wall Street yes and I haven't even  

talked about Bots they have have a thousand of  these puppies working in their factories next  

year doing real work 1,000 maybe 3,000 depends  on how quickly they can scale them and I'm not  

even talking about insurance Tesla insurance is  a game changer I'm working on another thing about  

total cost of ownership and how literally Tesla  insurance monitors you're driving in real time  

realtime behavior and it will personalize premiums  based on actual risk unbelievable compared to the  

traditional world that paints with Brad brush  one size fits all pricing higher premiums to  

cover risks this will all be bundled into the  vehicle soon your financing your insurance maybe  

whatever else your FSD you're supercharging in the  bundle packages and nobody nobody can do this the  

insurance industry has been trying to do realtime  monitoring of driver behavior for at least 10 or  

15 years now I've never gotten it to work Tesla  just does it they know exactly how good or bad  

you are as a driver they will ding you so we have  a friend of the channel Jeff Lutz his price is  

tanking his insurance Price is tanking because his  driving is exceptional but if you are speeding or  

driving drunk or running red lights your price  will go up that's maybe the time you need to go  

to your Geico or Progressive as well and let them  do the low of large number stuff now unless I did  

promise they're waking up this is Blair they  now call Tesla the apple of energy says a new B  

bullish call On The Stack it's like the apple of  energy what does that mean is they they becoming  

utility it could have many different meanings but  of course if they're saying Apple they're talking  

SAS software and energy ties into everything  because battery storage is one of the big S curves  

the big fors curves that's colliding right now and  I made a video or a white paper I can't remember  

what it was but how Tesla should easily easily  be valued at a market cap of $1 trillion based  

on energy alone the deals that they are doing  are huge and they're all very lucrative this is  

the um installation of the first 444 Tesla MEAP  pack batteries in underway at the first stage of  

a 600 megawatt renewable energy Hub in Victoria  Australia one of the biggest grid scale batteries  

in Australia and this will cost nearly half a  billion dollars and Tesla remains a market leader  

in EVs and the market leader in energy storage  too but hey what does that mean you know the  

competition maybe the competition are coming yeah  sure whatever and Georgia in the United States  

doing the same thing another half a billion dollar  plant well $450 million uh in the United States  

Georgia your power secur a battery and Equipment  Supply agreement I think they call them beas for  

500 megawatt 2,000 megawatt hours portfolio made  up of four projects of varying sizes again these  

deals are all monstrous everything tala does they  do it at extreme scale oh speaking of guess who  

has the biggest building in the world and also  the biggest Factory in the world that's the Tesla  

gigafactory and by the way just got bigger so  they put on a huge extension which is the AI data  

cluster at the back end I think it's on I don't  know which I think it's on the far end the far end  

from here on the right hand side but Giga Texas  is the largest Factory building in the world by  

volume and according to somebody's calculations  you could fit 194 billion hamsters in this  

building hope nobody tries that at home everybody  don't try to put 194 billion hamsters in your  

building and this thing is scaling uh this from  Joe techm friend of the channel shout out to him  

he did a fly over a few days ago over a thousand  cyber trucks which actually they shipped all of  

them out of there in one holiday Sunday while  the world is on vacation and everything else this  

Factory does not sleep and they are pumping these  things out the Handover fist I reckon they're at  

a weekly run rate of at least 16,700 right now and  they've got over 30,000 of these already built and  

they're ramping fast probably by 70,000 capacity  by the end end of the year so fun to watch and  

China is also ramping up in China 14,400 Tesla  Insurance registrations were reported for the week  

of August 26th to September 1st and the quarter is  up 30% quarter over quarter and over 10% versus at  

the Q3 of 2023 and it's the best quarter after  8 weeks but still you know we need a little bit  

more to make it a bumper year and everything is  going up in the right direction which is good now  

a little bit of other Tesla news too that popped  out Tesla continues its run as the leader in brand  

loyalty with a rate of 68 67.8% um I think for the  first half of 2024 which is like no other brand  

out there and model three is even higher if you  look at the specific model with the brand lineup  

loyalty rate of 72.1% I know it may not sound  like a lot but it's higher than anything else  

that's out there but there's another area where  they're leading as well and this is an interesting  

statistic because not only do the cars drive  themselves but you can drive them off a cliff and  

your whole family will be safe again don't do that  at home everybody but accident avoidance is also  

Paramount Tesla is now the least likely vehicle to  be involved in a fatal accident and I know these  

numbers might be a little bit weird and misleading  but if you look at total occupants invol involved  

in fatal accidents between 20177 and 2022 that's  6 years there 490 people yes it's terrible that  

anybody dies but Ford have killed 55,000 people  just some perspective there now there probably  

more Fords on the road than there are Teslas  they been around for a long time but there are  

over 2 million Teslas on American roads this is  American data by the way and if you look at the  

other numbers you got Land Rover 575 you'd think  huh that's kind of close to Tesla but remember  

there's only 100,000 Land Rovers on the road if  that and then you have Isuzu 709 there's only  

15,000 isas in the United States so you have to  put things in perspective yes there's a lot more  

forwards but there's a lot less Land Rovers and  again the odds if you want if you care about your  

life and your safety you drive like a maniac you  may want to consider a Tesla so not driving advice  

let's look at some charts first of all a little  bit of perspective of where we are with Tesla as  

well there's a lot to cover here from CERN Basher  friend of the channel Teslas has a 41% average  

return over the last 14 years and yes trust me  I know the last three years have sucked but zoom  

out sometimes and look at the big picture and sir  I hope you don't mind add a little rocket ship to  

your chart to show you where we're going next  because things will be be absolutely crazy and  

exactly 8 weeks ago I talked about having made a  video called pair trade of the decade and uh I was  

ridiculed and mocked saying I'm an idiot there's  no way Tesla will outperform Bitcoin but I said  

eight weeks ago to the day 4th of July 2024 pair  trade of the decade the multiples by 2032 based on  

my price target analysis and I've done nothing  but build price targets and pricing models for  

Bitcoin and Tesla since 2017 it's not like I'm new  to this like six seven years worth of models I got  

hundreds of them but I believe that Bitcoin could  do a 9.34 x from the current price at the time was  

66,800 Tesla could do a 27x and at the time was  177 bucks and they are all my price targets take  

your pick pick your poison um the bear case for  Bitcoin 2032 is 331k bare case for Tesla 2,681  

bull case for Bitcoin 9986000 just shy of  a million bucks by 2032 and excessive case  

for Tesla's $88,000 from my video8 ways to 8K and  that's heavily dependent on Bots being a success  

and therefore eight weeks ago you would have made  a 9x hypothetically this model shake out and you  

take an average of all you would have made a 9x  on bitcoin or a 27x on Tesla if we we get to these  

Targets in 2032 which is no longer that far away  but what's stunning is what happened in the last 8  

weeks the pair swing is up 55% eight weeks ago if  you flipped one Bitcoin into Tesla you would have  

got 377 shares and that is now worth over $887,000  and Bitcoin has fallen 16% to 565 so if you look  

at the pair trade Tesla's up 31% bitcoin's down  16% that results in a 55.5% gain in 8 weeks so  

yes it has been interesting let's talk about  some financials first and what's important I  

shared this before probably nearly a year ago  this is from Jeff Bezos who never focused on  

earnings earnings per share or profit and he knows  those numbers are flawed okay every should look at  

free cash flow per share income CERN Basher again  free cash flow is everything this is a cumulative  

operating cash flow free cash flow for Tesla  since the beginning of time and it's going up  

and getting stronger all the time which puts Tesla  in a very very strong position and why kill the  

PE Ratio well because of earnings manipulation  it ignores capital structure and volatility in  

earnings as well so that's why Tesla is a very  special cat just like Amazon back in two 2001  

2002 to everybody rode off as being dead but the  free cash low was kicking off was Unreal nobody  

saw that because they were looking backwards at  Peg ratios and P ratios anyway a little bit of  

history there also the competition are failing  fast this from CNBC in Europe a declaration of  

bankruptcy the unions lash out as Volkswagen waste  possible German plant closures and I could talk  

about Ford and GM and Volvo and stellantis and all  these other players they're all in a world of hurt  

they are all retrenching the revolution is coming  and they are walking away from it it's going to  

be a fatal mistake and all these companies will be  bankrupt unless they get bailed out by governments  

and Volkswagen sadly is planning to close two  plants for the first time ever um and this is a  

beautiful little piece from connecting the dots  Karma says dis de and die I actually thought  

that was the best phrase I've ever read all year  because I like alliteration but this is when not  

only did Time Magazine D Elon Musk but Volkswagen  dissed Herbert de who warned them what was coming  

who said they need to really pull themselves up by  the britches revolutionize everything real fast or  

Tesla will destroy them he said that two or three  years ago they flicked him that was a freaking  

mistake any who um the other fun news ties into  this story too is you got your two dogs and fleas  

merging together partnering Etc and as I mentioned  at the beginning Volkswagen to invest 5 billion in  

EV startup rivan well it looks like Volkswagen  will probably not be able to pay for this no mun  

no fun so rivan don't Bank on that money and all  of the competition are retrenching and they're  

building hybrids let me explain one more time  why hybrids are stupid okay real simple increased  

comp complexity and many points of failure you  got a petrol gasoline engine whatever with an  

electric engine higher manufacturing costs higher  maintenance costs higher repair costs inefficiency  

in all conditions heavy and slow environmental  impact and they are no longer cheaper than battery  

electric vehicles price par is gone so hybrids  will be gone too in 3 to 5 years they only do  

them now because it's what they know and they're  falling back on it and they think oh we're green  

and stuff and they're not at all not at all anyway  let's look at the first another chart this is  

Tesla on the ATR model and remember yes it's been  a choppy period over the last 3 years we are now  

at level three and a half up to level six the gain  to level six which is the alltime high is 80.5 4%  

from where we are today and the chart is looking  strong we are going to rebound at least for the  

next 26 trading days and then we'll see what the  robo taxi show is like it'll be fun let's talk  

about some analysts as well these are the $400  price Target analysts Alfie Quant donor financial  

genius Randy Kirk's in there Aran vest Sasha  yansen Tom Nash Bruce benworth Lord pretty Flo  

also friend of the channel uh and a whole bunch  more whole Mars catalog these are and of course  

you would have 420 on there um but the point is  you got a mix of retail analysts and professional  

analysts and by the way the retail analysts tend  to know a lot more than the professionals but as I  

mentioned the analysts in Wall Street are warming  up to this a another price Target just reiterated  

today live fresh Morgan Stanley who are probably  the number one Wall Street firm that understands  

Tesla more than any other Wall Street firm they  maintained a $310 share by Morgan Stanley good  

news and this is Big Wall Street are waking  up Tesla up nearly 6% best performer in the  

S&P 500 and NASDAQ 100 so far from day to talk  everybody understands AI is Big everybody except  

for Time Magazine understands Elon Musk is  the top player in this space and he has killed  

himself to make this happen this is the genius  of Our Generation who is the most hated human

which he's always Under Fire and he's  firing in all cylinders and he's driven  

by hate which is is great so the future is  very bright and he's a genius of our time