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Well good day subscribers hope you guys are having a great day out there as always we got a lot of good news in relation to tesla today tesla i’m an exclusion from some very important tariffs we got a big update in relation to the shanghai gigafactory and then tasha kenny who’s an analyst for arc invest came out with some very big comments in relation to autonomous
Driving in tesla’s leave their guys so i hope you enjoy this video as always and by the way there’s a big tesla new simulation of me know i told you guys i want to hold 300 tesla shares in total i’m getting very close to that amount and i told you guys i wanted to have a hundred 50 shares worth of tesla in my public account alone which is in my private stock group
And here today we bought the remaining 17 shares so now we own a hundred and fifty shares of tesla in this particular account which is my goal that i wanted to have in that particular account so needless to say i am thrilled with that i do have some more tufts of shares i do have to buy in some other accounts to get us to the full 300 which i want which once i add
The three hundred thinnes as a whole and then it’s just let’s see if my bullish thesis around tesla plays out over the next three five seven years guys so either to say i’m very excited about this okay so first story up with a three is in relation to tesla winds tariff exclusion from us on imported aluminum hey a positive story from cnbc in relation to tesla all
I can say about that is bravo cnbc okay electric carmaker tesla won a tariff exclusion from the united states on imported japanese aluminum it uses to produce its battery cells the commerce department’s decision waives the ten percent tariffs that would be placed on the battery cells manufactured in tesla’s nevada giga factory according to reuters which reported
The news monday the palo alto california based company asked for the waiver in april tesla said the aluminum is produced by knife on light metal in sawed an exclusion for ten million kilograms annually the commerce department said in a document dated june 5th and posted in recent days that the aluminum quote is not produced in the united states in a sufficient and
Reasonable available amount or of satisfactory quality reuters reported the waiver will last one year so that’s obviously very good news for tesla as tesla is looking to obviously bring down the cost of vehicles one so maybe they can charge you and cheaper prices for the vehicles of the future but only that so the company can be profitable and can maybe actually make
Some profits on the bottom line and then go ahead and pump that money back into the business because we know what tesla loves to do they love to build the business bigger and bigger similar to like an amazon so they don’t focus as much on profits but hey if you can you know make the cars more profitably then that essentially allows you a lot more money around to
Put back into the business to build out for the next big ramp up which would be obviously model wise the next big ramp up for the company shanghai giga factory is coming which we’ll talk about here in this video today that’s coming in the end of this year so needless to say tesla is in a position where they want to be able to make each cars profitably as possible
So this is something that helps soak some good news in relation and tesla okay now tasha kenny who’s an art invest analyst okay by the way rq divest is one of the biggest investors in tops off and one of the biggest bowls in relation to taps locate has some very big comments to make around autonomous driving okay here tasha said we think the autonomous driving
Market is gonna be a huge opportunity we think this should be valued at two trillion dollars today in the equity markets and it’s virtually unaccounted for she said we think tesla has a great lead there and that’s because of the data advantage they have they’re the only automaker collecting data from customer cars they use that data to train their machine learning
Algorithms and we think that’s really gonna pay off and you know to that i say absolutely buy a hundred percent agree with that if you kind of like think about and you ask yourself how these massive tech companies like tesla is a company that’s what a forty billion dollar market cap how does tesla go from 40 billion dollar market cap to four hundred billion dollar
Market cap to eight hundred billion dollar market cap how does it go from ola it’s an up-and-coming big tech company to an actual goliath big tech company and the answer is data what makes amazon so special data their customer data all those filters like the fact that you can search you would just like type in some random on amazon in the there’s a good chance
That whatever you were actually searching for will pop up even if you didn’t put in the correct name for that product that is unbelievable that’s because amazon has this ridiculous amount of data and they know oh if somebody searches for you know xyz item then they probably want this item and only if they bought that item over there and they’re probably gonna buy
This item over there okay google how did google get so big from the data the data that youtube collects and the data that google search collects all that data has made those platforms the biggest in the best platforms in the world right facebook how did facebook become one of the biggest companies a world through all the data they collect okay if you want to go
From basically being our company that is on the come-up like oh you’re a big tech company you’re on the come-up would you want to get to that place you need data in tesla’s data they need is they need the autonomous driving data they need all the data every time i put my tesla on autonomous driving mode in the cars driving itself it’s collecting data and that’s the
Type of data you need and somebody takes it off the autonomous driving mode why did they go ahead and do that what’s the data behind that why did they make that decision if the car makes a mistake why did it make that mistake all that data is being collected in mass scale in think about the numbers of that tesla’s starting to produce when it comes to our electric
Cars and imagine if tesla was going to get to a scale where they’re producing millions of electric cars a year then imagine how many people are going to be basically feeding data to tesla’s ai that’s gonna ultimately make tesla by far in a way the best autonomous driving platform in the world and it won’t even be close number two will be so far behind that it will
Be a joke it’s no different than google search it’s like who’s number two behind google search don’t even know because there’s that irrelevant right the same thing with tesla they’re collecting so much data that they’re gonna have such an advantage there that no one’s gonna really want to use any other autonomous platforms in the future when it comes to driving
Okay she also goes on to say they’ve been talking about launching the tesla network for some time their version of uber and we might even see them launch ride healing just to sort out some of the kinks that might come with something like that before they actually get to full autonomy that could even happen in the next say year or so if they want to do that ahead of
Time and we think that’s what they should do that could put tesla at a slight advantage of huge advantage two-way mowing crews which some folks view as being in the position of frontrunner which i don’t agree with although they absolutely should be respected as competitors i don’t think they’re really in the frontrunner okay and that’s my personal opinion okay
We think most of the economics will go to the platform provider she said these are really the companies that own the whole technology stack the companies that are actually making the car autonomous i have the software advantage and will get the nice software like margins so tesla sits nicely in that place uber and lyft could potentially have a role but again it
Would have to be through partnerships with a technology company that could actually provide that autonomy because it doesn’t seem like uber and lyft are going to get there or have a credible autonomous driving platform in-house today and i absolutely agree with that like if uber and lyft are gonna stay relevant in the autonomous age that will be coming in a matter
Of three years five years from now if hoover and lyft want to stay relevant right they’re gonna have to partner with somebody like cruz automation or weibo or tesla but i doubt tesla would want to give them all that data so though if the partner was somebody to try to stay relevant that’s gonna be really hard when when you know tesla’s kind of doing the approach
Of like an apple for instance where they’re gonna have the whole supply chain where they’re gonna do the whole thing so that makes them really special i’m really excited about tesla’s and autonomy in autonomous driving not only from an investment standpoint but when you look at the amount of people that die on the road on a given day or seriously injured in car
Accidents those numbers are going to shrink substantially once we have autonomous driving fleet and access will come few and far between which will be really special and i’m just like from a human standpoint i think that’s a really good thing guys so is to say if you’re rooting for tesla or rooting against it you should at least be rooting for autonomous driving
In the future okay now let’s go ahead and talk about the shanghai giga factory which is going up at a ridiculous ridiculous pace okay tesla starts work on a substation to power giga factory three ahead of production if you guys have been keeping up with some of these videos they’ve been producing out of china there’s just amazing i applaud these gentlemen who fly
Their drones all around and whatnot to get these pictures of the tesla giga factory because it is just going up at such a substantial rate guys it’s unbelievable i’m probably showing you guys a couple pictures right now and it’s just unbelievable the that that that giga factory is being built i honestly like literally when they said oh it might open to 2019 it was
Like they’re crazy that thing’s never gonna open in 2019 capron keep in mind it’s coming from a tesla bull but i was like no way no way that giga factory is opening 2019 and literally now i’m a hundred percent convinced that giga factory is gonna open in 2019 and be it some kind of good production in 2019 it’s just unbelievable like how fast at giga factories being
Bailed out and i’m just so excited from it from an investment standpoint because the amount of chinese orders are gonna get once that factory’s open is gonna be substantially more than they’ve ever gotten in the past in my personal opinion and not only that i believe those vehicles that are gonna be produced out of that shanghai giga factory will be some of the
Most profitable tesla’s produced anywhere in the world and the reason is is honestly the wages you have to pay in china substantially less they might even have better supply chains set up in china because you think about it like tesla’s learned so much from the giga factory in reno as well as obviously having their their their main factory in fremont california
They’ve learned so much over the years in terms of opening to do supply chain this way oh if we can make a car this way in this way in this way we can make it a lot more profitably than if we do it this way in this way they’ve learned so much over the past decade that they’re essentially going to be able to apply into this giga factory to make it the most profitable
In the most efficient giga factory out there and so if you’re looking for an opportunity for tesla there just to increase their numbers but maybe actually get to a place where they’re consistently profitable on the bottom line honestly the shanghai you get factory is probably the one of the biggest things to get the company over that hump and to get to a company
To a place where they’re actually making yearly positive net income guys so i’m super excited for that it’s going up so fast like literally i was convinced they’re they’re never going to open that in 2019 now i’m 100% convinced they will open to the guys so anything we discussed in today’s video i really want to hear your guy’s opinion down there in the comments
Section make sure if you enjoy tesla videos you smash that thumbs up button as always thank you for watching and have a great day you
Transcribed from video
Tesla Wins Tariff Exclusion Plus Big China Gigafactory Update By Financial Education
