Now Tesla is going from breaking ground on a factory to volume production in one and a half years. 

And I think there is still much room for what Tesla can do in the coming years. 

Tesla laid out plans for the next 2-3 years to make sure batteries' production wouldn't be a problem

 or be a bottleneck for ramping and they'd be able to produce a price parity for EV. 

EV pure play because EVs would be very heavily subsidized under Biden administration.

He is proposing a massive expansion of tax credits and also huge build out of EV charging stations. 

It will be about a twenty-fold increase in the number of EV charging stations. 

they have very quietly increased their annual production capacity from 690,000 vehicles a year 

to 840,000 vehicles a year versus 3 months earlier. That's 22% increase in their production capacity

And nobody is going to buy a $120,000 truck when they can buy the same ICE truck for 50 grand.

What GM is doing is trying to sell more ICE cars by making the EV so expensive 

that nobody is gonna buy it! 

no.1 selling Porsche. But they're not even all-in, like dude, make a Cayenne EV. What are you doing?

It is such a half-assed effort. They don't understand they're going to be wiped out by Tesla 

if they don't go all-in on EV. Other companies are doing it, Rivian, Lucid they're all-in on EVs. 

and they'll be successful but the GMs, and Fords they are out of time. 

The bottom line is, that's real cash that Tesla gets paid because other companies have failed 

at creating an EV solution. They knew they can, they just don't want to invest the money. 

So it's real money. 

Here's a company who is making an EV and knows that it gets credit for taking this enormous risk

in making a much harder vehicle that's better for the environment.

There's a reason why these credits exists. 

They had less than $2 billion in the bank and we went up and talked to Elon about doing a secondary

or a convertible offering which he did the next day. Now, their books have $14 billion in cash

which is greater than their debt level. 

you're talking about a company that is valuing at thousand times earnings where you're seeing  

growth declines in Europe, and overall they're not seeing the growth they are sowing 

And they are seeing significant competition next year. 

What is your credit sales in Q4 because if it's not $400 million if it's $200 million they could

potentially lose money. That is the only question.

They are not making more money than they're selling in credit. 

Even at the time of COVID, they ended up doing everything right. 

If this is a tech company, it deserves to sell exactly what it's selling. 

They really don't because they've been wrong. They've been so wrong it's just better for them to say

they never really understood evaluation.