CRAMER LOSES IT / GOVERNMENT OUT OF CONTROL / A BIGGER HERTZ DEAL / TESLA RECALL

EV Channels Review

This video covers several key developments in the EV market, with a significant focus on Tesla. The host discusses a proactive recall for Tesla Model 3 and Model Y front suspension lateral links, urging owners to check their VIN. A major point is the expansion of the Hertz-Uber partnership, potentially involving up to 150,000 Teslas over three years, though these vehicles will not feature self-driving capabilities. The review delves into a proposed wealth tax on billionaires, with the host expressing strong reservations about government overreach and advocating for private capital allocation. He argues that such taxes could stifle innovation and lead to job losses, contrasting it with government subsidies for the fossil fuel industry and past bailouts for GM and Ford. Updates on Tesla's FSD Beta progress, including a 98 safety score requirement for wider rollout, and new features like Sentry Mode speaker functionality are also mentioned. Finally, the video touches on Jim Cramer's commentary on Ford's EV ambitions versus Tesla, and provides EPA range comparisons for the VW ID.4 against Tesla models, highlighting Tesla's superior efficiency.