TSLA valuation reflects a bet on the robo-taxi narrative rather than financial fundamentals, given falling earnings and high PE.

We got Tesla doing its thing.

And Nvidia, Tesla, and Palanteer are the usual top holdings.

in order down there from Nvidia all the way down to SpaceX, Palunteer, AMD, and Tesla.

Tesla is a robo taxi story, not a earning story. Approved to expand the robo taxi fleet to 5,000 vehicles in Nevada. Cyber a Cyber Cab launch date is now on the calendar. That's big.

We talked about this for years. They're finally getting there.

Cybertruck pricing was raised by 5,000 and which points to pricing power remains one of the most widely held retail stocks in in the country. Now earnings per share fell 35% net income fell revenue declined.

you know normally these things would had a recall of 3 million vehicles in China over door handle safety PE of uh of was 357 on falling earnings is a bet on the story not the business today.

So, a lot of issues out there, but it's a still a darling and they got it at 390 as a forward thing. So, when I think about the cash flow, I'm thinking about this one. I don't know why I said the negative cash flow for um Tesla.

I'm not talking about Tesla. Not talking about Tesla. So, retract that. Tesla's doing okay with the Tesla. uh the sales and everything else. You guys can see we know Tesla is profitable.