Nick Martell

Faith that Elon Musk would execute his master plan to scale electric cars and become way more profitable than any other car company.

Well, you know what?

He did it.

Those who had faith in Elon's electric vehicle bet were rewarded.

And now we're in that same scenario yet again.

Except this time, the faith is that Tesla will transform from a car company into the leader of autonomy and robotics.

Besties, sit down, stand up, and buckle up, because what Jack and I are saying is Tesla's car business does not matter anymore.

That's what Elon wants Wall Street to think, and Wall Street seems to agree.

Because someday, you won't need to own a Tesla car.

You'll just hail a cyber cab.

And you know what, Jack?

You won't even clean your dishes at home when you're there.

You can just summon your Tesla Optimus Prime robot to do that for you instead.

In fact, Elon announced yesterday that Tesla is ending their Model S and Model X luxury car program and converting that factory in California to just produce Optimus robots.

This is like Netflix ending their DVD business.

Tesla will not be making a major SUV anymore.

But if you're still not understanding how it could be at all-time high stock prices when profits are down 75%, you got to hear our takeaway.

Because it's like our favorite analogy.

Jack, what's the takeaway for our buddies over at Tesla?

Tesla stock is a young avocado tree.