The Last Giant of Late Night
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 7 July 2017
⏱️ 40 minutes
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| 0:00.0 | Thanks to Slack for supporting this episode of Motley Full Money, Slack is a messaging app which brings together all your team's communications in one place, making work simpler and more productive. |
| 0:09.6 | Go to Slack.com to learn more. |
| 0:12.0 | Everybody needs money. That's why they call it money. |
| 0:21.0 | From full global headquarters, this is Motley Full Money. |
| 0:31.0 | It's Motley Full Money Radio Show. I'm Chris L. and joining me in studio this week for Million Dollar Portfolio, Jason Moser, for Motley Full Crow and Options Jeff Fisher. |
| 0:39.0 | From Total Income, Ron Gross, Good to see you as always, gentlemen. |
| 0:43.0 | We'll get to the latest headlines from Wall Street. We will dig into the business of Late Night TV with Jason Zineman. |
| 0:49.0 | We'll give you an inside look at the stocks on our radar. |
| 0:52.0 | We begin this week in the automotive industry. The move to electric cars taking a pretty significant turn this week led by European automakers and governments. |
| 1:02.0 | Volvo announced a line of new all electric vehicles starting in 2019. On Thursday, the French government laid out a plan to end gas powered cars by 2040. |
| 1:14.0 | Jason, we were talking about this before the show. I think a lot of people look at Tesla as being all encompassing of electric cars. |
| 1:24.0 | You look at the news this week. It is so much bigger than just Tesla. |
| 1:28.0 | I think that's a great point there. That's what we need to focus on is that the headlines, we know that Elon Musk makes these big bold targets these goals, how many cars he wants to produce and what not. |
| 1:41.0 | It seems like they just barely hit their goal this quarter and the headlines really focus on how they barely hit that goal. |
| 1:47.0 | It seems that all of the attention focuses around Tesla. This is the only way that we're going to get to the electric vehicle. |
| 1:52.0 | Obviously, that is not the case. We have tremendous opportunity here with the big automakers like GM, Ford, and Volvo's another good example. |
| 2:01.0 | These are the companies that have the scale. They have the facilities. They have the capital to invest in this movement as well. It's good to see that they are doing that. |
| 2:11.0 | It's really easy to pinpoint Tesla as maybe an overvalued stock or we don't think Elon Musk has really any focus on one thing or whatever. |
| 2:19.0 | But to your point, it's not all Tesla. It is a movement in general and it's nice to see everybody jumping on board. |
| 2:26.0 | I agree with that. I think Tesla makes a great product. But the stock is priced as if it is the winner. |
| 2:33.0 | There isn't necessarily need to be a winner. As you said, there is Ford and Fiat and General Motors and Domler and Volvo. |
| 2:41.0 | It's going to be a number of different companies evolving the electric vehicle market for years to come. |
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