$25k Tesla Rumor, Apple Car, Model Y, and Next Week (01.08.21)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 9 January 2021
⏱️ 15 minutes
🧾️ Download transcript
Summary
➤ New report out of China suggests Tesla may be finalizing the design on a cheaper Tesla in preparation for delivery in 2022
➤ Hyundai admits Apple has contacted them in relation to electric vehicles and battery development
➤ More information on the Standard Range and 7-seat Model Y variants
➤ NHTSA concludes review of Tesla unintended acceleration
➤ TSLA stock sets a new record
➤ Quick look at next week
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Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody Rob Maower here and today we're going to be talking about some |
| 0:15.0 | news on the |
| 0:16.0 | news on reports of sudden unintended acceleration from |
| 0:19.0 | Tesla vehicles |
| 0:20.0 | an update on the standard range and seven seat model why that we talked about yesterday |
| 0:23.6 | and we have a couple other things as well and then of course we have to talk about the |
| 0:27.2 | stock Tesla today closing at $880 per share gaining 7.8% on the day compared to the NASDAQ's gain of 1%. |
| 0:36.3 | Not a bad first week to start the year for Tesla. |
| 0:38.3 | We closed December 31st at about $705 per share. |
| 0:41.8 | So the first week here of 2021, we've had about a 25% gain in the stock. |
| 0:46.7 | As I mentioned yesterday, Tesla at that point had tied its own record with 10 consecutive |
| 0:51.3 | trading days in a row finishing positive. With the green day today |
| 0:54.8 | Tesla has now set a new all-time record 11 |
| 0:58.0 | trading days in a row finishing in the green. |
| 1:00.4 | So we'll see what next week holds if Tesla can continue that right now and after hours it's down about 1.5% as we get close to the end of after hours trading. |
| 1:07.0 | So Tesla will have some ground to make up if it wants to extend that record to 12 days on Monday. |
| 1:12.0 | Definitely some interesting things to look out for next week. extend that of China on Tesla's plans at giga Shanghai. This report is coming from |
| 1:24.5 | Cina.com and in translation they write quote on January 8th it was learned from |
| 1:29.7 | relevant channels that Tesla's third model will be produced in the Shanghai Super Factory. |
| 1:34.0 | It is reported that the new car has been approved as early as September 2020 |
| 1:38.0 | and product verification is expected to be completed in March this year. |
| 1:42.0 | At the same time, the positioning of the new car will be |
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