4.8 • 1.1K Ratings
🗓️ 22 October 2021
⏱️ 12 minutes
🧾️ Download transcript
➤ TSLA stock sets a new all-time high
➤ S&P upgrades Tesla credit rating
➤ Toyota continues to talk down EVs
➤ New reports on Apple’s EV project
➤ BYD battery rumors
➤ SpaceX update
➤ Conversation with Dave Lee: https://youtube/8_sgl9me_q0
Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283
Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Jeffrey Yu
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
Click on a timestamp to play from that location
0:00.0 | Hey everybody, we're off now. We're here happy Friday. It is a good Friday indeed because today we get to of course not only talk about Tesla hitting an all-time high clothes, but hitting an all-time high period after hitting a wall at $900 or share yesterday, Tesla today breaking through that pretty convincingly. |
0:22.0 | So we'll talk about the stock. We also then have a credit rating upgrade long overdue in my opinion, then we've got a couple other quick stories on Toyota, Apple, etc. |
0:30.0 | Alright, so coming into the day today, the previous all-time high will set back in January by Tesla, a share price of $900 or $0.40, Tesla couldn't quite get there yesterday but today convincingly breaking through that this morning. |
0:41.0 | And after a little bit of a mid-warning dip, Tesla recovering and closing really at the high of the day at $909.68 down just to hair from the high, which was $9.10 even. |
0:51.0 | So as I've said in the past, I'm not a big technical person, but I do really like to see that strength in a close, especially on Fridays. |
0:58.0 | Anyway, that put Tesla up 1 and 3.25% on the day and not the best macro environment the NASDAQ finishing down 0.8% today. We'll talk a little bit more about that in a second. |
1:07.0 | But before we move on from that, if you're a Tesla shareholder, pat yourself on the back because anyone that has ever bought Tesla shares is now positive on that purchase. |
1:16.0 | Now that's of course unless you traded your way out of any gains on other trades, but anyone that has ever bought and held is now in the green. |
1:22.0 | And that's just a nice milestone. Obviously that's what an all-time high means, but I think it's also nice to consider it explicitly from that perspective. |
1:28.0 | If you're interested, I did have a chance to go on Dave Lee's channel today just to talk a little bit about that milestone and a little bit more about earnings and just what's going on with Tesla right now. |
1:36.0 | Definitely would recommend that. But I think an all-time high, it's just a nice opportunity to take a step back and reflect on where Tesla has been, where Tesla is going from here. |
1:45.0 | And for me, that also means reflecting back on Tesla daily and I'm really proud of the work that I've done. |
1:50.0 | I mentioned this on Twitter the other day that the audio podcast, not even considering YouTube, the audio podcast alone has it 10 million downloads now. |
1:57.0 | And the audio podcast has always been ad-free. I can't imagine any other podcast of that size that do that without a bunch of exclusive content or things like that. |
2:06.0 | So I also just want to take a second and really appreciate the Patreon supporters that have allowed this podcast to be a thing. |
2:13.0 | There was a time when I kind of had to make a choice about giving up the podcast or giving up my actual full-time job. |
2:19.0 | And had there not been such a supportive audience at that point in time, then I definitely would have chosen my job. |
2:24.0 | So I just want to express again appreciation for those people that have made this possible. |
2:28.0 | And those people really have gone above and beyond because like I said, I'm not huge on like exclusive content or anything like that. |
2:33.0 | They don't really get a whole lot for doing that. But that's enabled Tesla daily to be what it is and hopefully is going to help enable a lot of exciting things in the future as well. |
2:42.0 | Anyway, huge thank you to that group. And if you're also interested in supporting that effort, you can find more details about that at patreon.com slash Tesla Daily Podcast. |
2:50.0 | Anyway, a couple other things on the stock. So the strong performance today was actually in the midst of a pretty rough macro environment. |
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