Hello and welcome to the Thursday December 7th

2017 edition of Tesla Daily Unofficial Tesla Podcast.

My name is Rob Mauer. Today we have exciting news on both the Model 3 and the Tesla Semi.

Tesla stock on Wednesday closed up 3.15% to $3.13.26 cents, this compared to the NASDAQ up 0.21%.

Since we haven't talked about the stock the last couple of days, I figured I'd

mentioned the week-state performance, so a week-to-day Tesla is up 2.3%

compared to the NASDAQ down 1.6%.

Somebody had asked me on Tuesday evening on Twitter what my thoughts were on Tesla for the week

and why Tesla stock seemed to be kind of in a downward trend at the moment.

And my response was that I thought the macro was really driving that,

the macro environment.

So the NASDAQ had been tough for the week,

as we just mentioned.

But even other stocks like Invidia, Amazon, Netflix, have all had really difficult weeks.

Those stocks tend to have higher betas than the NASDAQ composite does.

We can talk more about betas in the future, but essentially what that means is a high

beta stock just has more dramatic fluctuations and is more volatile than a low

beta stock. Tesla is a high beta stock so when the the NASDAQ is down, all else being equal, Tesla would be down more due to its high beta.

In reality, it's never that simple because there's always going to be more influencing factors, but it's important to understand at least that context to better judge Tesla's relative performance.

So being a high beta stock, NASDAQ having a really tough week, I was actually really impressed with Tesla's ability to not fall further and then of

course yesterday with a big rebound was obviously a very positive move I'm not 100% sure what drove that. I didn't

seem to find any clear indicator from the little bit of time that I had to read about it.

...