Berlin Cell Factory News, TSLA Notes, Norway, BMW i4, Volkswagen, Toyota EV (03.17.21)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 18 March 2021
⏱️ 12 minutes
🧾️ Download transcript
Summary
➤ Update on Tesla’s battery cell factory plans for Giga Berlin
➤ Federal Reserve comments on interest rate expectations
➤ Model Y bodies spotted at Giga Berlin
➤ Tesla’s European deliveries spike as end of quarter approaches
➤ Morgan Stanley surveys investors on Tesla’s competitive position
➤ Goldman Sachs highlights TSLA as advantageous vs. consensus ratings
➤ BMW unveils fully-electric BMW i4
➤ Volkswagen discusses 2021 EV targets
➤ Toyota announces intent to unveil first significant EV effort
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Plaid producer Who Why
Plaid producer Ice Lakes Investments
Ludicrous producer Fred Hassen
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Bradford Ferguson
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody, Rob, now we're here for the second episode today. |
| 0:10.8 | Earlier today we posted an interview with Jordan from the limiting factor, discussing |
| 0:14.4 | Volkswagen's power day, solid state batteries, and a few other topics as well. |
| 0:18.1 | So make sure to check that one out. |
| 0:19.7 | As for this episode, we've got big news on Gigaburlin, some other news out of Europe, |
| 0:23.5 | a couple of analyst updates, and some EV news from other automakers. |
| 0:27.3 | Let's look at the stock Tesla rallied alongside the broader market in late trading today, |
| 0:31.5 | finishing up 3.7% to $701.81, that compared to the NASDAQ which finished in the green |
| 0:36.9 | up 4% of a percent. |
| 0:38.6 | The markets rebounded from a negative start to the day after comments from Fed Chairman |
| 0:41.9 | Jerome Powell, indicating that the Federal Reserve, at this point in time, does not project |
| 0:46.2 | to raise interest rates through the end of their forecasting period, which is through |
| 0:49.4 | the end of 2023. |
| 0:51.0 | While that is the prediction from the majority of the Federal Reserve officials, 7 out of |
| 0:54.8 | 18 of those officials, did predict an interest rate increase through that period, which |
| 0:59.1 | was a bit of an uptick from the December meeting when 5 out of 17 officials at that time predicted |
| 1:04.6 | rate increases. |
| 1:06.0 | Anyway, during Powell's comments, the yield on the 10-year treasury note declined a bit, |
| 1:09.8 | and the markets popped up. |
| 1:11.6 | Getting into Tesla's specific news, pretty exciting update here on Gigaburlin, specifically |
| 1:15.8 | on the battery cell manufacturing portion of Gigaburlin, which as we know, we're still |
| 1:20.6 | waiting for Tesla to apply for approval with the German government for that portion of |
... |
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