4.8 • 1.1K Ratings
🗓️ 19 February 2022
⏱️ 14 minutes
🧾️ Download transcript
➤ Tesla shares significant 4680 battery milestone which hints at production ramp progress
➤ New Tesla casting patent published
➤ Rumor on Tesla and Uber drivers
➤ Reuters compares automotive recalls
➤ SpaceX plans to split stock
➤ Ford rumored to consider splitting off EV business
➤ Thoughts on GM’s Ultium batteries
➤ The Boring Company completes proposal for Miami tunnel
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Plaid producer Who Why
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
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0:00.0 | Hey everybody, Rob Mauer here, happy Friday. |
0:09.9 | Today we've got some confirmation from Tesla on the progress of 4680 batteries, we also |
0:13.9 | have a new patent on castings, a rumor on Tesla and Uber, a little bit of analysis on recalls |
0:19.3 | a stock split for SpaceX and a couple other things as well. |
0:23.1 | Not the most exciting day in the markets again, Tesla down 2.2% to 856 dollars, 98 cents |
0:28.1 | while a NASDAQ was down 1.2%, we're now halfway through the quarter, things feel a little |
0:32.8 | bit boring right now, I would say, in terms of Tesla specifically, obviously the lot going |
0:36.7 | on from a macro perspective, but we're in one of those waiting periods for Tesla waiting |
0:40.6 | for Gigafactory news for first quarter results, and I think the volume in general has reflected |
0:45.4 | that continued to be low again this week. |
0:48.1 | We do have a bit of an update on interest rates here, the Wall Street Journal reporting |
0:51.2 | on comments made by Federals of President for New York, John Williams. |
0:55.2 | These comments are tempering expectations for an even larger potential rate increase |
0:58.8 | in March, said quote, there's really no kind of compelling argument that you have to |
1:02.5 | be faster right in the beginning, there's no need to do something extra at the beginning |
1:06.3 | of the process of liftoff, we can steadily move up interest rates and reassess, I don't |
1:10.4 | feel a need that we'd have to move really fast at the beginning. |
1:13.5 | End quote. |
1:14.5 | Well I don't know that I would fully agree that there is no kind of compelling argument, |
1:18.3 | I mean the Fed has been I think pretty clear that inflation has been ahead of what they |
1:22.7 | would have expected. |
1:23.7 | If one of the tools to combat that is raising interest rates, it's pretty easy to make |
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