In Today’s Issue:

• Trump’s Inner Circle Trades: New Highs for Bitcoin and a Nuclear Power Executive Order

• The Race to Autonomy: Who Will Win the Multi-Trillion Dollar Self-Driving Car Boom?

• and more……..

Christopher Manske Outsmarting Money Magicians

Trump’s Inner Circle Trades: New Highs for Bitcoin and a Nuclear Power Executive Order

Not much going on in the market yesterday but a great day and after hours for some of our themes. Bitcoin made all time highs…

This is what I mean when I say that Crypto is a Trump’s Inner Circle trade…

I’d be a buyer on pullbacks of crypto and crypto related.

There was this after hours….

This now fits perfectly into my Trump Inner Circle theme. I don’t remember if I have been talking about nuclear lately, I do know I mentioned OKLO yesterday on the Rebel Finance Podcast and Jeremy mentioned his favorite, LTBR. Just like Bitcoin I’d be careful chasing these names now. One of the main reasons we are planning to launch a paid version of this newsletter is so we can show you all of our trades as I have a lot of positions in a lot of themes. Every morning I try to pick out the major ones and I don’t want readers to miss anything.

SPACs continue to be strong….

There was this in quantum….

I’m going to announce that Tuttle Capital aims to become the BlackRock of leveraged, inverse, and thematic ETFs.

Regional banks look shortable here….

Rates came down a bit yesterday and are down again so far today….

The major indices look pretty boring again, seems as if the real action will once again be in the themes.

The Race to Autonomy: Who Will Win the Multi-Trillion Dollar Self-Driving Car Boom?

Last week, TD Cowen dropped a bombshell in its “Autonomous Vehicles: The Future Is Now” 

Executive Brief: the self-driving revolution is accelerating faster than even the most optimistic bulls anticipated—and it will remake entire industries in its wake .

Forget tomorrow’s world of flying cars and robot butlers. The robots already on our streets—Waymo’s robotaxis, Tesla’s Autopilot fleet, Mobileye’s vision chips—are on the verge of breaking out from pilot programs into full-scale commercial rollouts. And once they hit escape velocity, they will crush old-line automakers, reshape rideshare, and even threaten the margins of your favorite tech giants.

1. Why Now Is the Moment of Truth

• Breakeven Economics at Hand: TD Cowen’s proprietary model pegs the all-in cost for a profitable Waymo robotaxi at $98,000—down from today’s $160,000 estimate—once depreciation, operations, and remote-operator support are factored in .

• Rideshare Market Awaits Disruption: U.S. rideshare bookings, now $59 billion, could double to $121 billion by 2034—yet robotaxis will capture roughly 5% of the market in less than a decade as costs plunge and consumer trust grows .

• Tesla’s Secret Advantage: In sprawling “low-density” cities—home to 79% of Americans—Tesla already sells 60% of its cars and can deploy a “CyberCab” fleet at a fraction of Waymo’s sensor bill, unlocking new revenue streams from regions other AVs can’t yet serve .

• Human Drivers Aren’t Dead: Uber and Lyft will survive—and thrive—by blending human and autonomous rides. TD Cowen’s “optimal mix” model calls for 10–20% of trips served by robots, allowing incumbents to defend margins while dipping toes into AV pools .

2. The Winners & Losers of the AV Gold Rush

3. Bottom Line & GPT”s Play

The dawn of truly commercial robotaxis will be the biggest disruption to transport since the internal-combustion engine. Here’s how I’m positioning:

1. Core Positions (50%)
   – Alphabet (GOOGL): Full-tilt exposure to Waymo’s network effect and AI lead.
   – Tesla (TSLA): CyberCab and FSD… a sleeper multibagger if execution holds.

2. Enablers & Platforms (25%)
   – Mobileye (MBLY): The vision-chip toll-collector for every self-driving highway.
   – Uber (UBER): The rollout partner of choice—owning the network, not the cars.

3. Selective Sells (25%)
   – Ford (F) & GM (GM): High-cost legacy OEMs with too much baggage.
   – Zoom (ZM) and other pure-play software names with no AV link.

Buckle up—autonomous vehicles aren’t coming someday. They’re here now. And when they finally break through to scale, the winners will look like tech stocks… and the losers will look like yesterday’s carmakers. The race is on.

Before you go: Here are ways I can help

‍

1. ETFs: We offer innovative ETFs that cover all aspects of The H.E.A.T. Formula, Hedges, Edges, and Themes.

2. Consulting: I'm happy to jump on the phone with financial advisors at no charge. I've built a wealth management firm and helped other advisors grow their practices through the use of substantially differentiated investment strategies. If you want to talk just send me an email at [email protected]

3. Monthly investing webinars

4. Rebel Finance Podcast https://www.youtube.com/@TuttleCap

5. Wealth Management-Coming Soon

6. Paid Newsletter Service-Coming Soon

   The views and opinions expressed herein are those of the Chief Executive Officer and Portfolio Manager for Tuttle Capital Management (TCM) and are subject to change without notice. The data and information provided is derived from sources deemed to be reliable but we cannot guarantee its accuracy. Investing in securities is subject to risk including the possible loss of principal. Trade notifications are for informational purposes only. TCM offers fully transparent ETFs and provides trade information for all actively managed ETFs. TCM's statements are not an endorsement of any company or a recommendation to buy, sell or hold any security. Trade notification files are not provided until full trade execution at the end of a trading day. The time stamp of the email is the time of file upload and not necessarily the exact time of the trades. TCM is not a commodity trading advisor and content provided regarding commodity interests is for informational purposes only and should not be construed as a recommendation. Investment recommendations for any securities or product may be made only after a comprehensive suitability review of the investor’s financial situation.© 2025 Tuttle Capital Management, LLC (TCM). TCM is a SEC-Registered Investment Adviser. All rights reserved.