 Wow What's up my name geeks mr. V here welcome to do the video guys so in today's video I want us to talk about Tesla Last week Tesla actually had their earnings report their Q2 2020 and report and Man, it was some some great things in there and two things tuned out to me I mean everybody was focusing on you know their financiers and you know some profit and stuff like that But two things actually got me thinking as a matter of fact got me rethinking Tesla and a lot of people are overlooking these two things and I don't see a lot of people talking about it And so that's what I want to do a video and to share what I'm thinking with you guys And again before we get started guys view a new to the channel We talk about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button and your notification bell, too You don't miss out on new content. So Tesla guys, man Elements and this do is we know who he is. He's a genius like that's a given but Again for us investors people excited Tesla has just gone up and hit about 1700 pull back a little bit somewhere between 14 and 1700 now And I think it's just to me. That's just a consolidation from that point with it's $2,000 is gonna hit next and then from there We don't know where it's gonna go. But here are the two things that actually stood out to me in your earnings call Most people know Tesla for what your cars, right? You're talking about the model s are the mother 3 the mother x the model y I mean you're talking about building semi trucks and also Building pickup trucks those are still in the making you're looking at 20 21 for that to happen But two parts of Tesla business that people are not talking a lot about and I think Needs a lot of attention. The first one is the solar roof So we know that a lot of people have like solar panels on top of their roof today And it's making you know giving them some extra energy cutting the energy bill by half or whatever that is Which is good Tesla is in that business and they're just getting started So they're hiring people that do the installation and all that stuff and they are building their own Solar panels and so here's what they have done. So you go from Putting shingles on your house and then put the solar panels on top Tesla is converting your shingles into solar panels So once you build your house and it gets time to do the roofing and put shingles The shingles that are gonna put are gonna do two things they're gonna act as shingles again And then they're gonna act as solar panels to generate energy to power your house That is brilliant. Why didn't I think of that? I know why I'm not Elon Musk But you guys see what I mean here This is this is just getting started the minute people start to pick up on this where and when you do your Construction you're thinking about putting shingles you have the option of doing solar panels a lot of people are gonna gravitate towards that because The idea here is that it's gonna be incentives for you to want to do that because hey Why would you shoot two birds with one stone? You have shingles in your roof and then it's generating power for you This is just brilliant and this is a part of their business again that to me is just getting started So the second part that I want to talk about again The business is still in the energy space. It's their mega packs In this of this of you that have no idea the mega packs is like energy storage devices So if you think about it all these power greed, they have places where they store energy, right? They store the power if you go to like a soul a solar farm or these windmills Once they generate that power it has to go somewhere that gets stored So Tesla is building this mega packs that are now getting to store energy in less amount of space Compared to the traditional storage Method so you can take the the mega pack would be about this big It will store the same amount of energy that the traditional large Storage devices currently use so and this is the first time that that particular Business has shown any profitability Q2 of 2020 they've gotten a little bit of profitability, which tells me that it's just ramping up So I'm super excited about this and the minute these two pieces of their business pick up This stock is going to jump like crazy. So I am so bullish on Tesla right now Even I 14 or 1500 right now I am going to buy more because I see I see 2000 I see 3000 I see 4000 in Four or five years this thing is going to be crazy and guess what? Here is the one thing that a lot of people too are not even talking about and this is the third one Which I didn't even have to talk about is I just remember reading it in the earnings report They are building your own Software that they want to use to allow people to be able to monetize into the greed So if you have your solar panels you have all this other stuff you can start Monetizing your own energy at your own pace Which is in which I mean guys. I'm super excited about this. You just don't know. I'm so personally Would I after that earnings report? I'm looking at it's like Tesla is going to explode Mike my word this thing is going to explode and now they have on top of that They are building a factory in Germany. I think for their model Y And in China they're building another factory in there another giga factory in China for their model Y So the model Y is going to be in China And in Germany and then the rest of the other models are like the model S Which is you know one of the best is here in the United States, man Tesla is up to some good things and again I am not even looking at just the finances that everybody said they were good reporting I'm just telling you the potential here Remember I did a video here on the channel I said when you look at a company that you want to invest in the three things that you want to look at a company to invest in One of them was solving a problem. What is that company solving? So Tesla is really doing things They've taken the problem or storing energy. They've solved that problem They'll build these mega packs that can store energy the same amount of energy in a very Confined space which is excellent And then the other one is that they are solving the problem of you having to put a roof over your Shingle on your roof at the same time bring your solar panels put it on tap So they're merging shingles and solar panels into one that you can put on your roof and Actually have your roof and be able to generate energy to power your house That's the best way you can solve a problem. I mean, I can't explain it any better So so question is hey, should you buy should you hold or should you sell Tesla in this case? I'm not Jim Kramer, but I wish I had that button. I'll be like bye. Bye. Bye. Bye. Bye. Bye. Cause that's what I'm doing I don't know about you, but do you gain your analysis again? I'm gonna put the links to their Q2 and report You can definitely go check them out and read for yourself and look at the finances and see what's in there for you So question of the day guys, what do you think about these two pieces of Tesla business? That I just mentioned. Do you think oh mr. V you're over hyping it or you think? Man, this is something that I didn't even think about all I thought about Tesla wars their cars and everything But now that you've mentioned it, I am gonna go look into it. Let me do in the comment section. Yeah Again, I use Webull for investing So if you are new and you're looking for a platform to invest I definitely recommend you try Webull I'm gonna put a link in the description below Right now if you sign up you get two free stacks not one two first one is between two and two hundred and fifty dollars and the second one between 12 and $1400 so when you sign up, I'm gonna feel it with Webull. So you sign up to get a free stock I get a free stock. That's how I keep the channel running and it's always guys Stay motivated