00:00 Al
Al, you know, it’s interesting because I had some bulls on this program, Al. And part of their bullishness, full stop, was the relationship between Trump and Musk. Their thinking being, listen, it is a great thing for Musk to have this good friend in the White House who can perhaps foam the runway on some of these initiatives like robo taxis.
00:35 Dan Ives
Yeah, I mean, so the primary you just reiterated it or I’ll just reiterate it. The primary benefit from the trust Trump Musk relationship was supposed to be nationwide uh autonomous driving standards, uh which would speed the adoption of this trillion dollar valuation that Dan Ives has for Dan Ives, for instance, and others have for robo taxis. Um, that was a bit Listen, I mean, you know, should I said it then? Maybe we did, maybe we didn’t. It was a bit euphoric, right? The idea that just a relationship between the President and Elon Musk could create, you know, a trillion dollars in value, which it basically did overnight, right? Tesla stock, I can’t remember, but we’re talking like 480 in December. Um, so that was a bit euphoric. Uh so we probably overcooked that, just like we overcooked it on the downside when we thought the world was ending. I think the Trump Musk relationship is just sort of a risk for Tesla investors, and it kind of goes back to Musk’s time, right? Is he going to stay involved in politics? Is he going to form a new political party? That’s sort of like the downside risk. Uh, but if things sort of blow over and we just have to deal with like losing tax credits, then I think that, you know, we’ll we’ll sort of we can move on from the bromance and just sort of focus on whether they can sell cars and whether they can expand the robo taxis.