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Tesla Daily: Tesla News & Analysis

Advertising Resurfaces, Supercharging News, Macro, GM, Toyota, Waymo (06.16.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 17 June 2021

⏱️ 14 minutes

🧾️ Download transcript

Summary

➤ Tesla doesn’t advertise, but will that change after new comments from Elon Musk, and should it?
➤ Updates from Federal Reserve meeting
➤ German Federal Minister pushes Tesla on Supercharging
➤ First update on Model S Plaid real-world charging
➤ GM increases EV investments
➤ Toyota discusses powertrain plans
➤ Waymo raises capital in new funding round

Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
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#Tesla #TSLA #Investing

Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
Executive producer Tesla Summary
Executive producer Jeffrey Yu
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody, Rob Mauer here, and today we're going to be talking about some new comments

0:10.9

from Elon Musk on Tesla's stance on advertising.

0:13.7

We've also got a couple of pieces of news on supercharging, including one of the first

0:17.3

data points on supercharging for the new Model S, which is really interesting.

0:21.4

Then some news from GM, Toyota, and Waymo.

0:24.6

Bumpy Road for Tesla's stock throughout the day today, but did finish up about 9 tens

0:28.4

of a percent, $2604.87, that compared to the NASDAQ down a quarter of a percent.

0:33.8

Remember the markets today, closely watching for updates from the Federal Reserve following

0:37.4

their meeting.

0:38.4

Couple of the main takeaways from that, it looks like the expectations in terms of timing

0:42.1

of a possible rate increase have moved forward a little bit.

0:45.2

13 of 18 officials expected at least one rate increase by the end of 2023, that was up

0:49.8

from 7 in March.

0:51.7

Of those 13, 11 of them saw at least two increases by the end of 2023.

0:55.9

And as for even earlier than that, 7 of the 18 saw a move up in rates in 2022, that's

1:01.0

up from 4 in March.

1:02.8

We won't go through all the details, but generally raising interest rates has a negative impact

1:06.3

towards sentiment, at least, of growth stocks.

1:08.6

So most stocks, including the tech heavy NASDAQ, did drop off after that news was released.

1:13.5

But after Fed Chairman Jerome Powell made his comments, and basically said that there's

1:17.9

still a lot of uncertainty around the timing of a possible rate increase, they're still

1:21.3

looking to support the economy, and that the expectations in the past have not been

...

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