luke lloyd following that, investment strategist. >> hey, neil. il: luke, a talk of regional bank under duress ask talking to bigger banks about help that would be enough to turn around its stock. not happening, not happening to a lot of other regional banks that generally follow suit. what do you make of that? >> yeah. so i don't know how far this whole thing will spread. i don't think this is the end all, be all for smaller banks and some companies and other sectors getting caught off sides. the government answer always to bail everything out. that is what the market likes right now. the market is up 1%, switzerland, u.s. government, all the world governments will pump as much liquidity and money into the system as possible. we don't live in capitalistic world anymore. it is socialistic. a lot of companies became lazy the past 13 years because of precedent set with zero interest rates. i tweeted this yesterday. if you incentivise bad behavior you get bad results. what do you think 08, 09, taught banks? taught banks there will aback stop, bailout

let's go to luke lloyd are. luke, what do you think? >> hey, neil.eah, i think it's absolutely significant, and i don't think it just is contagion to silicon valley bank. i think this is just the start of a lot of things, problems happening in the marketplace. all you need to do is look at the dislocation in the public markets, bond yields dropping very quickly, and the equity markets are negative. the markets are positioning for higher credit risk and bankruptcy risk across all the markets. what's happening could be a bear sterns situation on a much smaller scale. this is what happens when the world, you know, was built on low-cost debt and companies get caught offsides. the problem is compared to football, you don't get a pounding when caught offsides, you go bankrupt, right? you had a bunch of unprofitable businesses that couldn't even turn profitable or turn cash flow positive many a low rate environment. when a bank like silicon valley bank lends to these types of companies, what happens when these companies are unable to pay hair bills? bankrup

what to make of that luke lloyd, strategic wealth partners. >> neil. >> this stock was hammered last0% this year before the ground giving back. what happened? >> so i think a lot of investors wanted some sort of a crazy innovation or crazy surprise for the future generation of cars coming out of yesterday's investor day and they didn't get that but i think the negative negative reaction to yesterday is kind of unprecedented. investor day is called investor day. elon musk is doing what every smart ceo is doing talking about driving operational efficiencies to drive down production costs, ultimately increasing profitability. that should be music to investors ears. to hit the target of 20 million cars by 2030, reducing costs down the road they need to invest heavily now. i think that is one of the problems, that investor had in tesla yesterday, still investing aggressively next few years while many companies are cutting back investing. tesla is investing heavily in the new mexico plant, to drive down costs. elon musk is a risk-taker. paid off so far, but built companies like tesla in lo