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Tesla Daily: Tesla News & Analysis

Another Musk Email on Orders and Production, Price Elasticity/Advertising (05.23.19)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tsla, Model3, Technology, News, Tesla, Investing, Tech News, Modely, Business, Models, Modelx

4.8 β€’ 1.1K Ratings

πŸ—“οΈ 24 May 2019

⏱️ 16 minutes

🧾️ Download transcript

Summary

– Another leaked Musk email discusses Q2 net new orders and Model 3 production rates
– Discussion around price elasticity and advertising centered around the recent Model S/X price changes

Links:
Email > [email protected]
Twitter > @teslapodcast
Patreon > patreon.com/tesladailypodcast

Executive producer Rob Gill
Executive producer Jeremy Cooke
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

The post Another Musk Email on Orders and Production, Price Elasticity/Advertising (05.23.19) appeared first on TechCast Daily.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to the Thursday May 23rd 2019 edition of Tesla Daily on

0:11.6

official Tesla Podcast.

0:13.0

My name is Rob Maower.

0:14.0

Apologies for missing the last couple of days.

0:16.0

I have been out sick.

0:17.0

Not just from the podcast, but from my normal work as well.

0:20.0

I know a couple people tweeted that, yeah. makes sense why I was sick with Tesla stock performance over the last week.

0:27.0

I don't think that those are related, though I guess I cannot say for sure.

0:31.0

But that has definitely been rough as well. Tesla did finish up today slightly. After I think

0:35.9

seven days of down trading today finished up 1.43% to 195.49 compared to the NasdDAQ down 1.58% today.

0:45.0

It's been rough though. I mean you guys know that I use leverage and I am pretty

0:49.2

heavily concentrated in Tesla of course not 100% in case you are wondering I do employ a high risk in come to fruition as we've dropped 40% from the end of February to today. That means

1:04.7

despite this generally seeming like a pretty horrible time to sell I did have to

1:08.8

close out a decent size of my position and reduce leverage a little bit.

1:13.0

It's a bummer because you don't really truly lose until you sell and I think there's plenty of

1:17.1

upside for Tesla in the long term.

1:19.1

I wish I had better managed so that I could be accumulating here instead of selling.

1:22.8

But sometimes you lose, you take the loss, you learn from it,

1:25.0

and you move on.

1:26.0

I wanted to talk about it on the podcast,

1:27.7

because as you guys know, I think context

1:29.7

is extremely important, and I think it's important

...

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