) Full Self-Driving systems are in focus after the US National Highway Traffic Safety Administration launched a probe into a series of crashes, including one fatality. Yahoo Finance Senior Autos ReporterThe closing bell on Wall Street and now it's market domination over time.
Look at some of the risks on the play with unemployment numbers and CPIS and things of this nature, but right now they're in our favor. If you don't know where your risks are and you're not managing to them, then you're really just gambling if you will, right?And that's really what our clients hire us to do.
Well, I I, well, of course, in, in any type of um distraction from the overall goal for a company is concerning, um I think Microsoft has the power to probably go it alone if they had to.Um So hopefully that means and you know, we looked, we definitely there's always risk on the horizon. So Tesla specifically, we are not buying or we're not recommending that right now because I believe very strongly that if there's a case to buy it, Elon Musk is gonna let us know.I'm avoiding the stock right now, but I think I just feel very positive that when it's the right time, he's gonna let us know and we'll go ahead and get into that stock.Here we are October 18th.
It's four accounts and it could be one individual who is making a lot of trades, that person's basically a whale who seems to be moving the whole market with these big trades.That could be deliberate manipulation by a Trump ally to make it look as if Trump is gaining momentum or it could just be an anomaly, but I would not put much faith in betting markets showing a huge skew here.
So rule of thumb is that in those two elections, Trump did about 3% points better in the actual vote than he did in the polls. And this is kind of an important deal for Tesla as we were discussing, Josh earlier about how the fact the fact that their FSD system is vision based only it doesn't use sensors like other companies with radar and lidar, things like that, purely vision.What is, what are the examples of reduced visibility?They had sun glare, airborne particles and then also fog like you mentioned fog.I mean, I've driven before and sun glare on me.
Well, the good news is we've got a pretty good history of driving and supporting this growth that's been happening in Texas.The economy has been growing, the population has been growing now.And what we've been doing is we've been planning for this eventuality over the last several years, we are seeing tremendous growth in renewables on the on the electric grid we've seen just since last summer, an increase of more than 10,000 megawatts to give you perspective how big that is.
Um Are you gonna get them improved, approved in time to get that electricity, the grid quickly enough to meet that growing demand.It shows a lot of stated interest in developing generation supply here.
So the FERC oversees the wholesale power markets and the interstate transmission development for the 49 states outside of Texas.So that means we can make changes as needed when we start to see, you know, different types of customers coming on board.We saw when we had, you know, the significant winter event back in 2021 winter storm needed to make some changes to improve reliability right away.
And as you all know, there's probably nothing more consequential these days after air and water and electricity to support modern life and human life.So we need to have a balanced mix of energy resources, serving those needs across the country.I I'm curious how much visibility, how much of a line of sight you have into how customers and and and companies are using energy there in Texas data, you know the data centers, the crypto miners and everybody in between.
And on the same on the other side of the coin with customers think about, you know, customers that have rooftop solar, large industrial customers that can, you know, change their energy demand based on the price of electricity. But it's also because the retail brokers have introduced option trading and education to help people get comfortable with them.There's a lot of option volumes in India and in different parts of the world, people are using them to hedge a risk, generate income or place a speculative position on it is the options market still just in not its infancy.
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