00:00:01
correct yes there's a fundamental call
00:00:03
here and a stock call going on that we
00:00:04
can we can talk about but um you know at
00:00:06
this point we think a lot of the good
00:00:07
news is reasonably reflected in the
00:00:09
stock and you know the 490 is our Our
00:00:11
Fair Value um on a some of the parts
00:00:13
basis and we'll look for an entry point
00:00:15
potentially lower than it is right now
00:00:17
so and we can where where are we now
00:00:18
we're we're at $397 so $100 of upside oh
00:00:22
we're we're we're we're uh positively
00:00:24
predisposed to the company um and the
00:00:26
potential value it will create over time
00:00:28
but remember we upgraded this stock when
00:00:29
it was about 70 bucks um and that was
00:00:31
less than a year ago so it's an
00:00:33
incredibly volatile stock so I think um
00:00:35
as we work through the course of this
00:00:36
year there's some execution risk that
00:00:38
has really not been taken to account in
00:00:40
in in the in the stock at this point
00:00:41
Omar a frequent commenter reminded
00:00:44
everyone that just a few months ago FSD
00:00:46
critics were claiming the system wasn't
00:00:48
improving with the release of v13 it's
00:00:51
clear that FSD is making real strides
00:00:54
James another vocal FSD skeptic has
00:00:58
admitted that he was wrong in his
00:01:00
earlier criticism acknowledging that FSD
00:01:02
is indeed improving see your
00:01:06
thinking that seems extremely doubtful
00:01:10
yes in Germany uh which has been one of
00:01:13
the focuses here he's been slamming the
00:01:16
chancellor is a fool the president is a
00:01:18
tyrant H and he's publicly endorsed the
00:01:22
farri anti-immigration uh alternative
00:01:25
for Germany party then there are
00:01:27
elections here next month no no company
00:01:30
gets more credit for its ability to see
00:01:33
the future than Tesla um Jensen Hong at
00:01:37
CES delivered the future of physical Ai
00:01:41
and the stock went down when Elon Musk
00:01:44
tells a story about a new trillion Doll
00:01:46
Market opportunity the investors seem to
00:01:49
just pour in and they're absolutely
00:01:51
Believers is Tesla a car company
00:01:55
absolutely not in the way it's valuated
00:01:58
is it a car company in terms of the oper
00:02:00
it sure is um but the world the market
00:02:03
the investors the retail buyers they all
00:02:06
seem to see Tesla as the future of
00:02:08
autonomy the future of AI the future of
00:02:11
as for Wall Street more capitulation is
00:02:13
happening Bank of America just raised
00:02:15
its Tesla stock price Target to
00:02:18
$490 up from 400 though they downgraded
00:02:21
their rating from buy to neutral they
00:02:24
believe Tesla's stock Will Rise by about
00:02:26
25% over the next year you know if if
00:02:29
there's an auto accident in in on my way
00:02:31
home today and there's you an accident
00:02:33
on side of the road nobody hears about
00:02:34
it right if it's uh an accident with a
00:02:37
full self-driving Tesla you can bet it's
00:02:40
basically on every news source across
00:02:42
the country saying you know a
00:02:43
self-driving Tesla got in an accident so
00:02:45
the the sort of the the reaction to to a
00:02:50
problem is uh is going to be obviously
00:02:53
exacerbated uh I do think you're you're
00:02:55
right though I think you have to be a
00:02:57
little bit careful about getting you
00:02:58
know the cap abilities uh to the point
00:03:02
where they're at least as safe if not
00:03:05
probably safer uh than humans driving
00:03:07
the car before you get it to roll out
00:03:09
aggressively I think that will honestly
00:03:11
be part of of the regulatory environment
00:03:13
as it as it unfolds uh hey say Tesla's
00:03:17
stock is already priced for much of its
00:03:18
long-term potential factoring in
00:03:20
robotaxi Optimus and energy generation
00:03:23
storage essentially they're
00:03:25
acknowledging that Tesla's future
00:03:27
potential is already baked into the
00:03:28
stock price but the real kicker is that
00:03:31
they're talking about base case
00:03:33
expectations not necessarily what will
00:03:36
actually happen it's becoming clear that
00:03:38
Tesla is leading the pack in
00:03:39
self-driving technology um Tesla's
00:03:42
valuation is is greater than the than
00:03:45
the two of them put put together um
00:03:47
there's you know real positives there
00:03:49
compelling product design Cutting Edge
00:03:52
technology a differentiated business
00:03:55
model but the economics aren't playing
00:03:58
out right now in the in the auto
00:04:00
business there's an awful lot of
00:04:01
competition from China there is
00:04:04
lackluster EV demand in the in the US
00:04:08
and we've seen promises and exciting
00:04:12
things even more interesting Marcus
00:04:15
brownley recently ranked autonomous
00:04:17
Driving Systems and unsurprisingly Tesla
00:04:21
took the top spot GM followed Tesla in
00:04:24
the rankings while Ford Mercedes and BMW
00:04:28
were grouped in the C category MKBHD
00:04:31
noted that Tesla's major advantage comes
00:04:34
from its ability to operate on more
00:04:36
roads on the autonomous vehicle front
00:04:39
but it's not monetized yet and we don't
00:04:42
see a clear path to monetization yet I
00:04:46
this is a stock I really would like to
00:04:48
believe in and I will hear from Tesla
00:04:50
Bulls after this segment um but it's
00:04:53
it's not there yet as far as I'm
00:04:55
concerned you will this guy doesn't know
00:04:57
what he's talking about in the comments
00:04:59
get ready um back to Tesla news Tesla is
00:05:03
rolling out a new version of full
00:05:04
self-driving FSD for Hardware 3 owners
00:05:08
and it's getting a wider release I'm
00:05:10
hoping to get it soon but as of now I
00:05:12
haven't received it the update is
00:05:14
expected to significantly improve the
00:05:16
driving experience and I'm eager to test
00:05:18
it out it's got about uh an 80%
00:05:21
probability of finishing out of the
00:05:22
money at expiration which is what you
00:05:24
want those are those trade-offs we
00:05:26
always talk about I can sell something
00:05:28
to the upside for that bearish take but
00:05:31
this stock can still go higher and I can
00:05:33
still make money as long as it stays uh
00:05:35
below that break even of 42250 at
00:05:38
expiration in 16 days so this type of
00:05:41
strategy while it's directional gives
00:05:43
you better probabilities uh and also uh
00:05:46
gives you that cushion to the upside um
00:05:49
uh on this type of position while still
00:05:51
you know you know political activist and
00:05:53
activist investor know this political
00:05:55
investor activist I think Tesla is still
00:05:57
probably the best positioned of any of
00:05:59
the Legacy automakers or any automaker
00:06:01
in the US in terms of EVS but the stock
00:06:04
has had a heck of a run since the
00:06:06
November election and I you know those
00:06:09
those sales numbers are worrying I mean
00:06:11
Tesla is always a momentum play it's not
00:06:13
really the it's not really my my cup of
00:06:15
tea and something that I go after but um
00:06:18
it's certainly certainly we have to
00:06:19
watch especially with his increasing
00:06:21
prominence uh within the administration
00:06:23
and within the National Economic and
00:06:25
technological agenda that we have so G
00:06:28
going to have to listen closely but I
00:06:30
would tread carefully he also pointed
00:06:32
out that FSD should not be judged solely
00:06:34
on how far it can drive without
00:06:36
disengagement should be evaluated by how
00:06:38
quickly it's improving and the overall
00:06:40
trajectory despite the criticisms many
00:06:43
who use FSD regularly are satisfied with
00:06:45
it un user shared that although they
00:06:48
don't yet have v13 their Hardware 3
00:06:51
Model 3 is still good enough for long
00:06:53
trips they use it on every drive and it
00:06:55
makes the experience much more relaxing
00:06:57
they argued nvidia's new Cosmos system
00:06:59
system uses cars to generate synthetic
00:07:01
real world driving scenarios simulating
00:07:04
driving environments in 3D and producing
00:07:06
scenario variations based on AI
00:07:08
generated traffic or recorded driving
00:07:10
logs the goal is to scale training data
00:07:13
effectively by using neural networks to
00:07:15
create High Fidelity 4D environments
00:07:17
simulating billions of miles of driving
00:07:20
however there's a significant issue here
00:07:22
that Tesla has already addressed relying
00:07:24
on synthetic data has its limits Lon
00:07:26
musk made a key point about this a year
00:07:28
ago when he said that the best data
00:07:30
sources for self-driving vehicles are
00:07:33
real world video and sensor data not
00:07:35
synthetic data generated by AI problem
00:07:38
with synthetic data is that it can be
00:07:40
inaccurate for instance even Advanced
00:07:42
models like chat GPT struggle
00:07:45
with which still seems pretty bullish
00:07:48
however the analyst's ratings are all
00:07:49
over the place with calling Tesla's
00:07:51
algorithms incredible and the best in
00:07:55
the world Tesla isn't just ahead on the
00:07:58
software front they are Hardware is also
00:08:00
the most cost-effective to produce and
00:08:02
deploy another major Competitive Edge to
00:08:05
make things an even perform tasks like
00:08:09
navigating out of parking lots and while
00:08:11
he tested FSD version 12.5 on a Model 3
00:08:14
with Hardware 3 he also tried version 13
00:08:17
on a cyber Tru it's worth mentioning
00:08:20
that model y or model 3 with Hardware 4
00:08:23
will likely pero this outcome is highly
00:08:26
likely and given their track record it's
00:08:27
actually incredibly bullish historically
00:08:30
analysts have consistently
00:08:31
underestimated Tesla's potential just
00:08:33
look at their past predictions time and
00:08:35
again they've failed to realize just how
00:08:38
much Tesla stock is going to Rally the
00:08:40
numbers don't lie and if you look
00:08:42
closely at the trend you'll see that
00:08:44
analysts consistently missed the mark
00:08:46
when it comes to Tesla's long-term
00:08:47
prospects yesterday the CEO of Nvidia
00:08:51
made a key presentation lighting that
00:08:53
we're nearing the chat GPT moment for
00:08:55
General robotics he also predicted that
00:08:58
self-driving Vehicles will will soon
00:08:59
become the first multi-trillion dollar
00:09:01
robotics industry when asked who the
00:09:03
leader in autonomous driving technology
00:09:05
is he pointed to Tesla acknowledging
00:09:06
their during a recent live stream on X
00:09:09
some major Tesla news was revealed Elon
00:09:12
Musk casually confirmed that Tesla is
00:09:14
already running unsupervised full
00:09:15
self-driving FSD trials for its
00:09:18
employees that's right Tesla is testing
00:09:21
unsupervised FSD rides a big step
00:09:24
forward in autonomous driving technology
00:09:26
how do we interpret this it marks the
00:09:28
beginning of wave of capitulation from
00:09:31
Tesla's competitors many of them are now
00:09:33
admitting that Tesla's approach to FSD
00:09:36
is the right one just recently the CEO
00:09:38
of ZX an amazon-owned self-driving car
00:09:41
company stated that Tesla's approach is
00:09:43
the correct one signaling a significant
00:09:45
shift in the industry even the CEO of
00:09:48
Nvidia the company powering many other
00:09:50
self-driving systems said that Tesla has
00:09:53
a huge advantage in AI for autonomous
00:09:55
driving to the model wise repairability
00:09:57
with a new trunk design rear trunk lid
00:10:00
is now split into two pieces making it
00:10:02
easier to repair compared to the
00:10:04
previous single piece design looking at
00:10:06
us auto sales for 2024 Tesla remains
00:10:09
number one with Hyundai and Kia taking
00:10:11
second and third GM holds the fourth
00:10:13
spot followed by Ford and the Tesla
00:10:15
Model 3 is now the fifth bestselling EV
00:10:17
beating out the Ford F-150 Lightning
00:10:19
rivian r1s and all GM EVS imagine how it
00:10:23
feels for rivan and GM to have their
00:10:25
traditional Vehicles outs sold by
00:10:27
something as simple as the model 3 in
00:10:29
its first year of production it's a
00:10:31
tough pill to swallow Tesla's
00:10:32
competitors in China might also be
00:10:34
feeling the heat as the company prepares
00:10:36
to launch the first refreshed model y a
00:10:38
move to optimize production Tesla W
00:10:40
government is winding down and with that
00:10:43
the byy the dip Mantra is back in play
00:10:46
today's market activity proves it Market
00:10:48
surged yesterday and those who bought in
00:10:50
are seeing significant gains today among
00:10:52
the big money investors James Thorne
00:10:54
stands out as one of the most bullish
00:10:57
here's a bit of a bombshell that many
00:10:58
might not have seen in coming Elon Musk
00:11:00
has been talking for a while now about
00:11:02
bringing Vine back a short form video
00:11:05
platform that allowed users to post
00:11:07
6-second Clips think of it as a
00:11:09
precursor to YouTube shorts or Tik Tok
00:11:11
but from a few years ago musk is
00:11:14
reportedly seriously considering
00:11:16
Reviving it but that might not happen
00:11:18
after all cuz according to Bloomberg
00:11:20
China is exploring the possibility of
00:11:22
involving musk in a potential
00:11:25
acquisition of Tik Tok Chinese Tai uh
00:11:28
moving on to Tesla news it's now
00:11:29
confirmed that the refreshed Tesla Model
00:11:32
y has officially rolled off the
00:11:34
production line at Giga Berlin this
00:11:36
means the updated model Y is now being
00:11:39
produced not just in China but also in
00:11:41
Europe while the refreshed model y isn't
00:11:44
yet available for order it should be
00:11:47
ready for customers very soon in terms
00:11:49
of sales Tesla's latest figures from
00:11:51
China show 7,800 units sold in the
00:11:53
previous week given the circumstances
00:11:55
I'd actually consider this a solid
00:11:57
number many potential buyers are likely
00:11:58
holding holding off on ordering the
00:12:00
older model since the refreshed model Y
00:12:02
is coming soon even though you can still
00:12:04
order the older version in China opting
00:12:06
for it would save a little money stock
00:12:09
but only in the short term long term
00:12:11
however Tesla's stock price has actually
00:12:13
increased and is higher than it was
00:12:15
before the Twitter deal one commenter
00:12:17
even joked what are you smoking my
00:12:19
brother though I don't partake in
00:12:21
anything like that no drinking smoking
00:12:23
or anything of the sort it helps me stay
00:12:25
sharp one post from Elon Musk
00:12:27
highlighted the exponential Improv
00:12:29
movements with FSD v3.2 reportedly
00:12:32
increasing highway miles between
00:12:34
disengagement by 75% this is going viral
00:12:38
a ultimately it seems FSD is making
00:12:41
significant progress and those who
00:12:43
regularly use it are increasingly
00:12:44
impressed by its performance I'm excited
00:12:47
to try out v13 I visited a Tesla Service
00:12:49
Center earlier and they told me they
00:12:51
don't have a single v13 vehicle in
00:12:54
Canada yet this was a little while ago
00:12:56
so I plan to go back soon and hopefully
00:12:58
test drive one with v13 depending on how
00:13:01
that goes I might consider upgrading
00:13:03
though I'm a bit attached to my model 3
00:13:05
it's one of the main reasons I'm
00:13:06
invested in Tesla stock so there's some
00:13:08
sentimental value in keeping it every
00:13:11
time I drive it I still get that feeling
00:13:12
of joy and with v13 it feels like
00:13:16
something has shifted with FSD this is
00:13:18
really happening on a much larger scale
00:13:20
now here's a 90 ultimately it seems FSD
00:13:23
is making significant progress and those
00:13:25
who regularly use it are increasingly
00:13:27
impressed by its performance excited to
00:13:29
try out v13 I visited a Tesla Service
00:13:32
Center earlier and they told me they
00:13:34
don't have a single v13 vehicle in
00:13:36
Canada yet this was a little while ago
00:13:38
so I plan to go back soon and hopefully
00:13:40
test drive one with v13 depending on how
00:13:43
that goes I might consider upgrading
00:13:45
though I'm a bit attached to my model 3
00:13:48
it's one of the main reasons I'm
00:13:49
invested in Tesla stock so there's some
00:13:51
sentimental value in keeping it every
00:13:54
time I drive it I still get that feeling
00:13:55
of joy and with v13 it feels like
00:13:58
something has shifted with FSD this is
00:14:01
really happening on a much larger scale
00:14:02
now here's a 90 line in China for
00:14:05
upgrades this shutdown is set to begin
00:14:07
on January 22 and will last until
00:14:09
February 14 coinciding with the Chinese
00:14:11
New Year holiday however only part of
00:14:14
the production is affected so the
00:14:15
overall impact should be minimal and
00:14:17
there's more good news on the horizon
00:14:19
Tesla is preparing to enter the Saudi
00:14:21
Arabian Market in the coming months
00:14:23
expanding its Global footprint even
00:14:25
further lastly Elon Musk recently
00:14:27
launched the Standalone grow website and
00:14:29
while the Starship rocket launch was
00:14:30
postponed due to weather it's expected
00:14:32
to happen soon today Tesla stock is
00:14:35
performing well seeing a notable rise I
00:14:37
believe it's heading to $1,000 per share
00:14:39
and could go even higher after that
00:14:41
thanks for watching and I'll see you
00:14:43
again soon probably Friday help them
00:14:44
avoid two collisions today it's almost
00:14:46
like the car has some good luck or maybe
00:14:48
just really smart maneuvering I haven't
00:14:50
seen this clip yet so let's watch it
00:14:52
together and I'll give my live reaction
00:14:54
okay this seems tricky normally the car
00:14:56
might get stuck but look it just
00:14:58
navigated through through it with V12
00:15:00
I'm pretty sure it would have stalled or
00:15:01
at least moved much slower it's not the
00:15:03
smoothest for my liking but v13 handled
00:15:06
it pretty well 1615 here's a fun little
00:15:09
clip a Tesla Model y driving through a
00:15:11
go-kart track with FSD and it's still
00:15:13
running on V12 not even v13 honestly I'd
00:15:16
expect any hardware 3 FSD vehicle to
00:15:19
handle this without issues though I will
00:15:21
say that with sharper faster turns the
00:15:24
car occasionally drifts out of its Lane
00:15:28
a bit more then I'm conf minute FSD
00:15:30
drive with zero interventions driver
00:15:32
didn't touch the steering wheel or
00:15:33
pedals at all for v13 we would see these
00:15:36
types of videos from time to time
00:15:38
usually from Omar with drives that would
00:15:40
last around an hour what's different now
00:15:42
is that it's not just highway driving
00:15:44
this includes City driving too as you
00:15:45
can see in the beginning later it mostly
00:15:47
becomes highway but the whole trip is
00:15:49
about an hour and a half the car even
00:15:51
Parks itself at the end started from a
00:15:53
stop position engaged FSD and handled
00:15:55
the entire Drive including the parking
00:15:57
this technology is going to make a lot
00:15:59
of Savvy investors very wealthy and I
00:16:02
fully agree with that it's becoming more
00:16:04
common to see hourong FSD drives now
00:16:07
even from accounts that aren't as well
00:16:08
known outside of ma how might the
00:16:11
potential removal of EV tax credits
00:16:12
impact Tesla's sales the potential
00:16:15
elimination of EV tax credits in the
00:16:16
United States could have a significant
00:16:18
impact on Tesla's sales in the short
00:16:20
term these incentives have been a key
00:16:23
driver in making electric vehicles more
00:16:25
affordable for consumers and have
00:16:26
contributed to Tesla's strong sales
00:16:28
performance in recent years without
00:16:30
these credits the effective price of
00:16:32
Tesla vehicles would increase for many
00:16:34
buyers potentially slowing adoption
00:16:36
rates and sales growth however Tesla may
00:16:39
be better positioned than some of its
00:16:41
competitors to handle this change the
00:16:43
company has been working to reduce
00:16:45
production costs and improve
00:16:47
manufacturing efficiency which could
00:16:49
help offset some of the impact of lost
00:16:51
incentives the regulatory landscape for
00:16:53
EVS and autonomous vehicles is in flux
00:16:56
with potential changes under the new
00:16:57
Administration that could significantly
00:17:00
impact Tesla's operations some analysts
00:17:03
believe that a more favorable regulatory
00:17:05
environment for self-driving
00:17:06
Technologies could accelerate Tesla's
00:17:08
robotaxi deployment and FSD initiatives
00:17:11
the potential removal of EV purchase
00:17:12
credits in the US is a double-edged
00:17:14
sword for Tesla while it could pressure
00:17:17
future sales the company's established
00:17:18
Market position and cost advantages may
00:17:21
allow it to weather such changes better
00:17:23
than its competitors bare case Tesla Inc
00:17:27
NASDAQ TSLA the electric vehicle EV
00:17:30
Pioneer and Clean Energy company
00:17:32
continues to Captivate investors and
00:17:34
Industry observers with its innovative
00:17:37
approach to transportation and
00:17:39
autonomous technology with a market
00:17:41
capitalization of $1.33 trillion and a
00:17:44
PE ratio of 104 Tesla remains one of the
00:17:48
most valuable Automotive companies
00:17:49
globally as the company navigates an
00:17:52
evolving regulatory landscape and
00:17:54
intensifying competition its future
00:17:56
prospects remain a subject of intense
00:17:58
debate among analysts and Market
00:18:00
Watchers want deeper insights into
00:18:02
Tesla's valuation metrics investing Pro
00:18:05
offers exclusive access to over 20 key
00:18:08
financial indicators and expert analysis
00:18:11
that could help inform your investment
00:18:12
decisions recent developments in market
00:18:15
performance Tesla has made sign firstly
00:18:18
as Tesla's full self-driving FSD
00:18:20
technology continues to improve could
00:18:22
lead to increased adoption rates among
00:18:24
existing Tesla owners and attract new
00:18:26
customers who value cuttingedge techn
00:18:28
ology the company's shift to a
00:18:30
subscription model for FSD could create
00:18:32
a steady high margin Revenue stream that
00:18:34
grows over time as more Vehicles become
00:18:36
equipped with the necessary Hardware
00:18:38
secondly the development of a robo taxi
00:18:40
service could be a game changer for
00:18:42
Tesla some analysts project that this
00:18:44
service could begin operations as early
00:18:46
as 2026 potentially contributing
00:18:48
hundreds of millions in Revenue within
00:18:50
its first year to the service scales it
00:18:52
could become a major profit Center for
00:18:54
Tesla viring its existing Fleet of
00:18:56
vehicles and autonomous technology the
00:18:58
potential launch of unsupervised FSD and
00:19:01
robot taxi test fleets is anticipated in
00:19:03
the coming year with some analysts
00:19:05
projecting the beginning of Robo taxi
00:19:07
operations as early as the second half
00:19:09
of 2026 this could open up new revenue
00:19:12
streams and solidify Tesla's position as
00:19:14
a leader and autonomous vehicle
00:19:16
technology financial performance and
00:19:17
projections Tesla's Financial Outlook
00:19:20
presents a mixed Picture company
00:19:21
reported revenue of 9715 billion in the
00:19:25
last 12 months with a modest growth rate
00:19:27
of 1.28 8% current diluted EPS stands at
00:19:31
365 though according to investing Pro
00:19:34
Data seven analysts have revised their
00:19:36
earnings downward for the upcoming
00:19:37
period based on investing Pros fair
00:19:40
value analysis Tesla's stock currently
00:19:43
appears to be trading above its
00:19:45
intrinsic value secondly the development
00:19:47
of a robo taxi service could be a game
00:19:49
changer for Tesla some analysts project
00:19:51
that this service could begin operations
00:19:53
as early as 2026 potentially
00:19:55
contributing hundreds of millions in
00:19:57
Revenue within its first year as the
00:19:59
service scales it could become a major
00:20:01
profit Center for Tesla leveraging its
00:20:03
existing Fleet of vehicles and
00:20:05
autonomous technology furthermore
00:20:07
Tesla's expertise in Ai and autonomous
00:20:09
systems could be applied to other
00:20:11
Industries Beyond Automotive companies
00:20:13
work on humanoid robots for example
00:20:16
could open up new markets in
00:20:17
manufacturing Logistics and personal
00:20:20
assistance this diversification could
00:20:22
provide additional growth Avenues and
00:20:24
reduce Tesla's dependence on the
00:20:26
automotive Market the company's
00:20:28
Automotive gross margins have shown
00:20:29
resilience with some analysts
00:20:31
anticipating improvements as Tesla
00:20:33
continues to optimize its production
00:20:34
processes and benefit from economies of
00:20:36
scale free cash flow is projected to see
00:20:39
significant growth potentially reaching
00:20:41
$9 billion by 2026 competitive landscape
00:20:44
and Market positioning Tesla maintains a
00:20:47
strong position in the EV Market
00:20:48
particularly in the United States where
00:20:50
it holds a significant market share the
00:20:52
company's comparative advantage in
00:20:54
manufacturing efficiency and Innovation
00:20:56
is seen as a key factor in maintaining
00:20:59
its lead over both Legacy automakers and
00:21:02
new EV entrance however Tesla faces
00:21:04
increasing competition especially in
00:21:06
China where local manufacturers are
00:21:08
producing high quality EVS at
00:21:09
competitive prices the p
