00:00 Spokesman a
Now time for some of today’s tendentified ticks. Julie Hayman and Thomas Hayes are here with me to discuss, and some of the names we watch are Tesla and Stellanti. I will start here with Tesla, which today sees big profits after the company’s taxi service is opened yesterday. Electric vehicle manufacturer, which launches the 20 -vehicles program, which will still be occupied by employees to watch, with each trip worth a flat fee of $ 4.20. Executive Director Elon Musk says Tesla is likely to expand the service based on its performance. Tom, what are you doing from him?
00:46 Tom Hayes
Well, it’s like a sorcerer. Look here. This is the illusion. I want to say that the car business has deteriorated from his involvement in politics. Uh, if he is right, I just saw a quote from him, uh, we expect hundreds of thousands of taxis to the robot, if not millions by the end of the year. This is a bold statement. If he approaches somewhere near him, maybe today’s move is an underestimation. However, if we look at the car business, uh, that’s another story and I think it’s a compromise. You always bet when you pay the assessment you do for Tesla, you always bet on the man and he has been delivered for many, many years and the followers want to continue to bet on him. So this is a step in the right direction. Uh Robo Taxis may change, but it remains to be seen. If you have drivers in the car, this is not a robe taxi.
02:22 Spokesman a
Julie, bring you here. I mean, as Tom says, you bet on the man, right? And that’s what he has to say. He must have said that. If you are, if you own my stock, it is because you are a long -term believer in my vision of autonomy and robots, Julie.
02:42 Julie Hyman
Exactly. Of course. I have been saying this for a long time. Tesla is a faith -based stock, right? People do not buy it because of what is happening today or what happened yesterday. They buy it because what they think will happen, what they think will happen tomorrow and in the coming years. I want to say that our friend Dan Ives in Wedbush is an excellent example of this. He was there, he was a big booster of Tesla, without surprise. He was there over the weekend, and he again talks about the autonomous possibility of a trillion dollar, the journey, as he calls it, it is not only with the robot taxis, but associated with the ahhh, who has around the shares as a whole. I thought it was interesting to our friend Jordan Klein at Mizuho, he was an analyst at the desk there, and he said, you know, the people who sent to do this test were the people who knew they were Tesla supporters. And even given that, Bloomberg reports that some of these influences, some of these Tesla people, have indicated that the tests have not passed without flaws, right? They pointed out that, you know, some of the cars exceed the speed limit, which may not be a big deal, but they pointed out, perhaps some turns that didn’t make sense. It is reported that there is a UH group of people trying to press the button to ask it to stop. And I guess it eventually stopped in the middle of the road. So there are still some mistakes that work. Not so that this is, you know, flawlessly, and they will unfold it in a greater area in other cities immediately. This was said that many analysts said that it went a little better than expected. It was at least neutral.
05:14 Spokesman a
Yes. Not to mention the competition. You have Waymo, you have Amazon Zoox, but to the point of Tom, shares that include about 8% in today’s trade. Well, here’s another one to check. Stellantis is the new CEO Antonio Philosa, who has played his role today, avoiding major changes to the senior management team. Jeffris analyzer says the Stellantis update may not be a full -time job for the philos, which also still supports its role as a market leader in North America. The shares of this carmaker are dropped from the open market. Shares prices generally decrease about 10%after announcing Filosa’s appointment as CEO. This one is interesting, Tom. You have well, so we reorganize the management, HM, the CEO is part of this senior management team of 13 members of the company. You know, Bloomberg notes, the new CEO here, he has a lot on his plate. I want to say that stopping a trade line in the United States, they talk about the composition of aging, model delays, pricing errors, but what do you do from it?
06:44 Tom Hayes
I think the number one rule is that they probably need to get rid of the other 12 managers. Oh, then they can be slender and more effective. Look, this is a difficult business. We are in, we have a business that supplies the ceiling systems around the windows, the fluid transmission systems. I prefer to be a weapon dealer because what will happen, uh, will be successful with reducing speeds this summer. This will reduce the percentage of car financing, but it will be a race to the bottom. There will be a huge amount of delivery. Their boundaries will continue to decrease. OEM parts manufacturers will want to be the ones who do well because we have an average car on the road is 13.5 years. There is a huge cycle of replacement tight. We just have to see the incentives and we have to see that the funding rates are diminishing and they will start to make huge, huge volumes. The question is what are the margins of Stellantis, Ford and GM? I don’t want to be in this business.
08:14 Spokesman a
Okay. Oh, Julie, get back here. I hope Tom is right that these prices are coming down because it will certainly be interesting for me to make a purchase, as you know well, my friend, if they did. But Stellantis, your thoughts.
08:31 Julie Hyman
Oh, I know. I know. I want to say that if you look at how Stellantis has done in the last 12 months, I just look at the numbers here. They are 55%, says the US. Um, and we know that the car business is generally caused by late, right? But compare this with GM, a little has changed in the last year. Ford decreased by about 12%. So we see it obviously that Stellantis is a smaller than its peers. It’s not just about fighting what is a difficult car market. It is made worse. And I do not know that we still know the philos what these steps will be to turn it.
09:30 Spokesman a
We don’t.
09:32 Speaker b
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