Hello and welcome to the Friday May 4th 2018 edition of Tesla Daily Unofficial Tesla Podcast.

My name is Rob Maurer. Today we are continuing our discussion

on the Q1 earnings report. Tesla's stock on the day finished up 3.39% to $294.9 cents,

this compared to the Nasdac up 1.71%. So we didn't quite make it back to that 300 level,

but it is still nice to see that fall after the earnings report now ending and trending back up.

All right, so when we left off yesterday, we are at the point in the earnings call

where Galileo got to ask his questions.

I think since we made it this far, I'll just keep going kind of question by question here and

giving my thoughts.

The first question was around Tesla Network and possibly the timing of

launching that or at least hearing more news about it. We didn't really

actually get that much new information here from Elon. He kind of described what

the service would eventually look like. We already knew that information. I

would have hoped that Elon would have talked more about how Tesla is

positioned relative to its competition in this space. He did reiterate that Tesla is still feeling really good

about their strategy here and the progress that they are making towards full self-driving.

Again, stating that the hardware that they have should be capable of full autonomy

with the potential caveat of having to maybe upgrade the compute power if necessary.

Regarding timing, from a technical standpoint, Elon thinks the

Tesla will be ready towards the end of next year. I think at this point we have to

take that with a pretty big grain of salt and then he expounded upon the

regulatory challenges.

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