Tesla sales declined for first time in a decade
WIBC 9AM-Noon Podcast
WIBC
4.6 • 1.2K Ratings
🗓️ 3 January 2025
⏱️ 7 minutes
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| 0:00.0 | Lopez, you own any stock and anything? Are you a stock guy? I'll leave that up to a little guy. I do, I do 401k, your typical stuff, but I'm not individually invested. So your son is an is like a doogie house or of investments. He loves this stuff. Yeah, loves that stuff. He literally, your son is 19. Is that right? And he is, uh, his primary cryptocurrency, though, right? But he loves the investment |
| 0:25.4 | market and he's a whiz at it. And he's a sort of guy that I hopefully will be working for |
| 0:32.1 | someday, right? But I say this because we've seen this throughout the course of the history of our country since the invention of the automobile. |
| 0:41.4 | And so, you know, obviously 100 plus years now, that the condition of the automobile industry has been a major driver in the condition of the economy. |
| 1:00.9 | And predictability in any, in any economy, predictability or any segment of the economy, predictability is a major key to success. |
| 1:08.5 | Somebody told me this years ago when I was first elected to local office. And we were |
| 1:14.6 | talking about like, how do you cut, we were talking about how you actually on a local level cut taxes. |
| 1:21.4 | And the best way to cut taxes is have good, responsible commercial growth, which means you got to |
| 1:27.4 | bring businesses into your |
| 1:29.2 | community. And I'm not just talking about bland lifeless warehouses. I'm talking about companies that |
| 1:33.7 | are churning out, that are innovating. There's nothing like warehouses produce things and that's fine. |
| 1:39.1 | But somebody told me this. They said in terms of creating, and they were talking about the stock |
| 1:43.3 | market, but it also is true in terms of government. There's good news and there's bad news on the stock market. |
| 1:49.6 | And companies know how to deal with good news and bad news. They don't freak out when the news |
| 1:58.6 | is really good and they don't freak out when the news is bad good and they don't freak out when the news is bad. |
| 2:01.5 | What they don't deal with is uncertainty. |
| 2:05.2 | And I think right now, because of the interference by the government, we are entering and by |
| 2:13.2 | when I talk about interference, I'm talking about urging people into a product or a type of product |
| 2:19.5 | they would otherwise not engage on their own. Does that make sense? |
| 2:24.3 | So example, California and the vehicle law. |
| 2:27.5 | Correct. |
| 2:28.1 | Right. So here it is 35% of the vehicles in 2026 need to be zero emissions. |
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