Hello and welcome to the Thursday June 7th 2018 edition of Tesla Daily on official Tesla podcast.

My name is Rob Mauer. Today we are continuing our discussion of the 2018 shareholder meeting.

Tesla stock movement did indeed prove to be interesting yesterday with the stock finishing

up $28 to $319.50. This was up 9.74 percent. That compared

to the NASDAQ up 0.67 percent. This was the best day for Tesla stock since November of 2015.

I talked about the near-term catalyst from the shareholder meeting yesterday,

so we're not going to go too much in detail here.

But one thing that I did want to note that I thought was interesting is the news articles yesterday

definitely seemed more positive on Tesla than what we've seen over the last couple of months.

Particularly with the C NBC, they have been a super negative and we actually saw some positive

headlines from them yesterday that may be indicative of a shift in the sentiment

for Tesla which could bode well for the stock price over the next few weeks to a couple of months.

That's not something that I would trade on by itself, but I do think it is something worth keeping

an eye on over the next few weeks.

A lot of times in the short term it seems like the price action is often driven by the sentiment rather than the actual news that is coming out.

If the sentiment really has shifted and the market is feeling like it wants to be supportive of Tesla right now and then we get good news stacked on top of that in terms of the model 3 production.

That could lead to pretty significant gains in the stock.

However, again, I think profitability

is something that the market is still kind of waiting

to see for the model three.

And I don't think we're going to have good visibility to that

until after Q3 and more likely until after Q4. But I will say

...