00:00What do we know about Tesla's car making business? Obviously not a huge part of its massive trillion dollar plus
00:06valuation.
00:08Yeah, absolutely right. I think it's not a huge aspect of their valuation perhaps anymore.
00:14And yet it is what sort of pays the bills. And this is a business that has been trending in
00:19the wrong direction for a couple of years now.
00:22I think, you know, the year ago comparison here was, you know, sort of as easy as they come.
00:28Right. First quarter of last year was was one of the weakest since 2022.
00:33And so for for this company to only manage about, you know, a six percent call it increase year over
00:38year when, you know,
00:40the first quarter of 2025, they had significant production losses tied to the Model Y changeover.
00:48You had Musk in the White House making a lot of negative headlines.
00:51This is a really, you know, downbeat showing from this company for the first quarter of this year.
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