01.18.18 – Model 3 Production, Configuration, Design & Two Managers of Engineering Part Ways with Tesla
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 18 January 2018
⏱️ 7 minutes
🧾️ Download transcript
Summary
– Tesla production rate update from investor meeting at Detroit Auto Show
– New batch of current owner reservation holders are able to configure Model 3
– Model 3 wins Automobile Mag’s Design of the Year award for 2018
– Two managers of engineering part ways with Tesla
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The post 01.18.18 – Model 3 Production, Configuration, Design & Two Managers of Engineering Part Ways with Tesla appeared first on TechCast Daily.
Transcript
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| 0:00.0 | Hello and welcome to the Thursday January 18th |
| 0:09.9 | 2018 edition of Tesla Daily Unofficial Tesla Podcast. My name is Rob Maower. Today we're talking |
| 0:14.6 | about a couple things Model 3 related, production, configuration emails, and some positive |
| 0:19.3 | press, as well as a couple employees involved in manufacturing leaving Tesla. |
| 0:23.6 | Tesla stock on Wednesday finished up 2.09% to $347.16 |
| 0:29.1 | this compared to the Nasdaq up 1.03%. |
| 0:31.8 | Supercharger network update we are still at 1,139 supercharging locations. |
| 0:36.8 | We get to start today with some pretty big news that has gone widely unreported, and that news is |
| 0:40.9 | related to model 3 production. Reuters is reporting through some brokerage accounts. and that Report from Reuters said that J.P. Morgan noted from this investor meeting to their clients |
| 0:55.6 | that the head of investment relations Aaron Chu gave an update on model 3 production. |
| 0:59.8 | So I'm just going to read this verbatim from the Reuters report. |
| 1:03.0 | Quote, JPM note on meeting sites Tesla Head of Investment Relations, Aaron Chu, as saying |
| 1:08.2 | Model 3 production will reach 1,000 per week in January, up from Q4. |
| 1:13.3 | She also promises main production bottleneck |
| 1:15.8 | has been solved and says Tesla has cash |
| 1:18.6 | to see it through launch as long as Model 3 hits 5,000 units a week |
| 1:22.3 | by end of Q2. |
| 1:23.6 | Reuters has not heard or seen a copy of the presentation, |
| 1:26.7 | which was given at a private meeting with investors |
| 1:29.0 | organized by Deutsche Bank." |
| 1:31.5 | So two big pieces of news, 1,000 per week in January up from Q4, and Tesla has enough cash to get through |
| 1:38.1 | the launch of Model 3 if they hit 5,000 per week by the end of Q2. |
... |
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