so just recently Tessa shares hid $1,000 that off first for Tesla they almost reach that in q1 of
2020 back in a feels like January beginning of January whenever they hit their delivery numbers
and no one expected that and their stock price literally soared from like mid 300s to pretty much
in $900 and that's amazing obviously came back down slightly and then with the Kovach pandemic
came down even more but overall you get the idea they hit $1,000 I think their highest is I got a
check but I think it's like 10 25 something like that it's pretty high that's a thousand dollars a
share and at that point they were valued at more than Toyota Toyota is literally the biggest car
manufacturer in the world the world I help I could see Jeremy Clarkson voice but I really can't so
just imagine his voice because I don't know how to put in his word to him like he has a very nice to
talk flow of loose borrow Brower got look friend anyways okay that's Jeremy Clarkson so why did it
hit 1000 dollars a share I feel like that Tesla actually went into I was gonna say production but
they didn't have to go into production that Tesla semi went into production which makes
total sense because Nikola made their IPO right Nikola just had their IPO just recently and their
stock price more or less soared in the beginning I feel like it might come down because they don't
actually have a viable product whereas with Tessa when they did go I feel they had a product it was
the Tesla Roadster and everyone who had one pretty much literally everyone who had one loved it and
nowadays it's becoming a classic to the extent that they're increasing in price the demand is
there no one wants to sell price goes up simple as that basic economics so what can I say about
the stock price actually soaring the thing about the Tesla semi going to volume production is that
it's a commercial vehicle so chances are me and you aren't gonna buy unless you're like one of
the rare people who were actually gonna buy it but mostly its companies and companies would love the
semi truck it's electric which means super cheap now it's electric which means you'll have great
traction now it's electric which means I have sorry non electric I meant that's - Tesla which
means it will have self-driving yes might not have like full full self-driving in the initial release
but it'll have enough full self-driving that it can probably navigate the highway and most
of the driving you do is on the highway anyway so Tesla shell keys this image right here I'll
put it up on the screen a Tesla semi followed by another Tesla semi followed by another Tesla
semi and the ones at the back the tool at the back don't actually ever driver in them and the one at
the front does and basically I think the driver is just there to just mean a maneuver and just direct
it for example taking like a turn in a city street obviously Tesla will have mastered full-size full
self-driving by then but not right now they don't have it right now and I don't think they'll have
it in like in a couple years yes but no that makes sense like no other regulations but yes
in the sense that they'll have the beta software working properly everyone can do it except you'll
need human supervision for like minor few few K so you can't actually go to sleep but it'll be enough
that you can basically take off your hands all you have to do is sit there and just watch and
do everything so what do I think is actually gonna happen well they're gonna start volume production
they're gonna start delivering this Tesla semi it is because it's an industrial pickup truck sorry
pick up because it's an industrial vehicle they have to actually rate it to industrial standards
and because of that they were delayed which is totally understandable because the product that
they usually get out in the end is usually so much better than the one initially promised not
I think the companies will gladly waited more than gladly waited they would have been like oh this is
a great product right now and we love it and it's a good thing sure it's like a year or two delayed
it's totally fine for us because saving us money in the long run and overall it's an amazing view
it's now coming back to the niccola IPO Nikola makes trucks well they don't make trucks but they
hope to make trucks and the thing about that is you can't go based on hope they don't even
have a viable product I haven't even seen one and obviously I won't see one on the road anyways but
there just haven't been any on the road there feels like three four years ago they unveiled
a nickel a semi truck it's like a battery and a hydrogen truck they didn't really work on their
hydrogen infrastructure the truck really here so I have no clue what's with that but essentially
this is what I think Nicola is a new company and people because they've seen Tesla's growth they
want to invest in more new companies or growth companies and you see the Tessa imagine you had
Tesla back in like a year ago their price stock price was like around 200 under 200 now there are
essentially a thousand nine hundred eighty ninety basically a thousand so you basically when tipped
off your money within a year which literally sounds like a scam if you told anyone a year
ago it's like all invest in Tesla and then you know what's gonna happen later and like
just a year you're not Quinn tippling your money everyone would have thought you're crazy because
back then so much news was out there telling or saying Tesla is gonna go out of business
they're gonna literally go bankrupt or whatever it is and that's why the stock went down so much
and then we got the quarterly results in q3 and then you get to q4 and I think that just threw
it out of the ballpark now there are a thousand dollars to share and basically the most valued
car manufacturer out there so the Tesla semi was just one of those factors that led Tesla
to get to $1,000 share $1,000 isn't really like a goal mark right there's still a relatively new
company they're still growing I'll tell you that I'm not necessarily new but they're still growing
they're still in the early phases car companies are old basically a hundred years old so most
car companies are that old whereas Tesla isn't really that older like ten fifteen fifteen years
old more or less so if you're counting on that basis they only really started delivering cars
about eleven years ago the Tesla Roadster then they started more volume production with their
Model S in like 2012 and then the model three the more mainstream which is more or less becoming
like a Honda Civic because basically everyone modifies them essentially if you if you're if
you want to modify a car and you can you want to buy electric you buy a model three and you mod it
there's there's no question about it you baby it's basically at this point since you have to
do some kind of modification it doesn't matter what it is you can have like a wrap like right
here somewhere but there has to be some slight modification so now they're getting to volume
production of the Model Y which is six months ahead of schedule six they were never ahead of
schedule with anything in the past and this is a one vehicle that they're ahead of schedule
with counter that in with the fact that Tesla sama is going to volume production you have the types
of Roadster it's delayed of course but still the insane specs the cyber truck whatever that called
Jay Leno real that came out what the hell was that seriously come on I thought it's gonna be so much
more they were dis literally showed nothing all those factors together and then combined with
elite a few other factors about nickel and going IPO and they're going to find just overall it
led the stock price to go above $1,000 now it's not like it's biked up a thousand dollars it was
more or less a steady increase anyways about was about 700 I remember when Elon tweeted it stock
price is too high in my opinion I am oh basically stock price dropped went to like around 700 below
700 he went to like 690 then it started coming back up slowly went to like 750 then like 800
stayed at 800 850 around there for a while then it went higher than 850 went to like 900 stayed
there for a while then it went up to like 950 and basically it's just a factor of all these
things that let it so it wasn't necessarily a spike that just happen in a day it was overall
over time it took about a month just really short in the stock market time but essentially it's not
it's not overnight it took a while but it's not overnight so that that's what we can attribute
this cause to not the cause but the stock price is actually higher than it seems alright so thank you
for watching hope you enjoyed this one I hope I gave some meaningful info my exactly sure so
yeah thank you for watching hope you enjoyed this one and I'll talk to you later peace