meta_pixel
Tapesearch Logo
Log in
Tesla Daily: Tesla News & Analysis

10-Q Disclosures, S/X Price Increase, Canada Model Y, EV Market Share, Giga NY, Sentiment (04.24.23)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 25 April 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

➤ Disclosures from Tesla’s 10-Q filing
➤ Calendar preview
➤ Tesla increases S/X prices and adds Supercharger incentive
➤ Tesla adds new Model Y configuration in Canada
➤ Reports on Tesla’s EV market share in California
➤ EV market share episode: https://youtu.be/z5EkpVR2Ark
➤ Update on Giga New York
➤ Morgan Stanley survey demonstrates sentiment

Shareloft: https://www.shareloft.com
Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283

Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Michael Pastrone
Executive producer Richard Del Maestro
Executive producer John Beans
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody, Rob Maurer here. Welcome back to Tesla Daily. Today we are going to be

0:11.0

talking about Tesla's 10Q filing, some new disclosures in there on their quarterly

0:14.7

results. We've also got new pricing for the Model S and Model X, a new trim for the

0:19.4

Model Y in Canada, some reporting on Tesla's market share and more.

0:23.7

Quick look at the stock Tesla starting a week off today down 1.5% to close at $162.55,

0:29.3

while the NASDAQ was down 3.10% on the day of the S&P and the Dow, both up on the day.

0:34.4

Looking at the calendar for the week, a couple of things to keep an eye on. On Thursday, there

0:37.6

will be the first release for Q1 GDP. There will be two more, this is the advance release,

0:42.1

but our first insight into that report. And then on Friday, we get the PCE or personal

0:46.4

consumption expenditures report that will be informative around inflation. And then Elon

0:50.4

is also doing an interview on Friday, another one, this time on Real Time with Bill Mahert.

0:55.7

Alright, getting into the news late last week, Tesla updating the prices for the Model S and

0:59.6

the Model X in the United States and actually not a price cut this time around, price increases

1:04.2

for the S&X all versions going up by $2500. Taking a look at this enterprise change table,

1:09.8

we now see that the Model S starts at $87,490 and the X $10,000 more at $97,490, both $5,000

1:17.2

more expensive than the introductory price following the refresh. However, alongside these price

1:22.6

changes, Tesla is now also offering three years of free supercharging for customers who order

1:27.4

and take delivery of an S&X between the price increase and the end of the quarter. So margin-wise,

1:33.0

that probably nets out strongly in favor of Tesla, the $2500 versus the three years of free supercharging,

1:38.4

for a customer, case by case basis. But probably the most meaningful piece of this is that it does

1:42.9

create a little bit of a sense of urgency for customers to order to take delivery, whereas cutting

1:48.1

the price, especially when we have seen that be consistent, maybe not as much of a factor in terms

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Rob Maurer, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Rob Maurer and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.