Hello and welcome to the Wednesday January 24th, 2018 edition of Tesla Daily Unofficial Tesla Podcast.

My name is Rob Maower.

Today we are talking about the new import tariff on solar.

Tesla stock on Tuesday closed up 0.35% to $352.79,

this compared to the NasdDAQ up 0.71%. Supercharger network update, we are still

at 1,142 supercharging locations.

Before we get into the solar discussion, I just wanted to spend a moment to add some additional

thoughts on the CEO Compensation Plan that we discussed yesterday.

After having some more time to reflect on it and read other people's opinions, I'm still feeling

extremely positive about this proposal.

I think that it's extremely well aligned with shareholder interest and I also think that it allows

Tesla the flexibility to shift their business as needed.

Compared to the first incentive plan, which was very specific in terms of the goals that

it laid out for model X, model 3, and vehicle production, this incentive plan simply has market cap revenue and earnings targets, which means that as

Tesla sees fit to adjust their strategies, they have the flexibility to do that.

One of the few critiques that I've seen so far of the compensation plan is that it possibly under-emphasizes revenue and earnings in relation to market capitalization.

Personally, I don't see that as an issue.

The most important thing for shareholders is the market capital. Personally, I don't see that as an issue.

The most important thing for shareholders is the market capitalization and then of course price

per share, which is a function of the market cap divided by the outstanding shares.

I think what the low revenue target does is allow

Elon to aggressively pursue growth rather than

...