Ferrari's EV Disaster + Mamdani's Asset Seizure
PBD Podcast
PBD Podcast
4.4 • 4.1K Ratings
🗓️ 27 May 2026
⏱️ 116 minutes
🧾️ Download transcript
Summary
Patrick Bet-David, Tom Ellsworth, Jeff Snider, and Humberto Boellert break down Ferrari’s EV rollout backlash, Mamdani’s “transfer ownership” proposal, Pope Leo’s warning about artificial intelligence, Iran peace deal developments, Trump’s undefeated 118-0 primary endorsement record, Canada-Alberta succession tensions, teen summer hiring struggles, and Elon Musk ally Antonio Gracias’ massive $100 billion investment bet.
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Transcript
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| 0:00.0 | Did you ever think you would make it? |
| 0:03.0 | I feel I'm supposed to take sweet bit of dirty. |
| 0:07.0 | I know this life man for me. |
| 0:09.0 | Adam, what's your point? |
| 0:11.0 | The future looks bright. |
| 0:13.0 | My handshake is better than anything I ever size. |
| 0:15.0 | Right here. |
| 0:16.0 | You are a one of one? |
| 0:18.0 | My son's right there. |
| 0:20.0 | I think I've ever said this before. |
| 0:26.4 | All right, here we go. |
| 0:27.4 | Business Wednesdays, a lot to talk about. |
| 0:30.9 | Tom saw the latest model of the Ferrari that just came out for $640,000. |
| 0:36.0 | He's been upset for about a couple days. |
| 0:37.8 | Can't hold him. |
| 0:38.7 | Had to take two days off. |
| 0:40.4 | But Rob knew Tom wasn't happy. |
| 0:43.3 | So guess what Rob chose to do. |
| 0:45.3 | Rob chose to wear a sweater today with the color of the Ferrari just to bother Tommy. |
| 0:50.7 | You guys will see him when we showed this car. |
| 0:52.7 | And people are wondering, is this a massive flop of a decision Ferrari made? By the way, did you guys see how the chairman, the former chairman and CEO that was the assistant to Enzo of 20 years came out on what he said about it? Look, I'm not so. We have to play that clip what he said about it. And this kind of goes with what Porsche did last year when in the first nine months of the year of 2025 versus |
| 1:12.3 | 2024. In 24, their EBITA was $4 billion. In 2025, their EBITA fell from $4 billion to $40 million, |
... |
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