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MarketFoolery

What Does the Future Hold For Apple and Tesla?

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 24 August 2016

⏱️ 30 minutes

🧾️ Download transcript

Summary

Tesla now produces on of the fastest cars in the world, but who cares? And we celebrate Tim Cook’s 5 year anniversary as CEO of Apple by taking some listener questions from Twitter.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Wednesday, August 24th. Welcome to Market Foolery. I'm Mark Wreath and joining me in studio today from

0:06.8

Million Dollar Portfolio, Jason Moser. Jason, happy to have a year. They know.

0:12.0

And we've got a lot to talk about together. Of course. We haven't been one-on-one in the studio in a minute or two. I've missed you. It's all Taylor-Muckerman. It's all Simon Ericsson's. Ugh. Well, and these are nice surprises too, like often times I'm on the schedule for

0:25.6

Mondays foolery I basically I'm on call for the rest of the week if we come into

0:28.5

a situation where we need some help and we kind of wrap it up on Fridays

0:31.5

with Motley full money so you know when I come in and I get that slag message from you

0:35.8

asking me to join you for market foolery, you know,

0:38.9

my days kind of made.

0:40.0

A little bit brighter.

0:41.1

I like it.

0:41.6

And we're all the better for it. So earning season is slowly winding down here. So we're going to take a look at the news today. One of the big headlines out there is about Tesla. Tesla announced that they have created a larger battery for their cars, which means that the

0:56.0

Tesla Model S is now the third fastest car in the world. It goes from 0 to 60 miles per hour in 2.5 seconds.

1:05.4

The model X goes faster as well with the addition of this newer battery.

1:09.4

Jason, before we dive too deeply into Tesla's business and what this means for it, I guess my question

1:15.4

for you is does it matter?

1:18.3

Does it matter that Elon Musk's cars go fast?

1:22.2

Doesn't matter that Tesla is making a bigger battery.

1:25.6

Why should I care about this?

1:27.6

So yes, it matters and no, it doesn't.

1:31.7

I guess when you're talking about this car being the

1:35.4

fastest car in the world I care exactly 0.0 where that's concerned. I mean I

1:40.3

could not care less and I don't think I mean perhaps that's a testament to the to the capacity of the battery I guess

...

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