Hey everybody, we're out of malware here and today we've got a bit of an update from

Elon on the next iterations of the Model Y at Gigaburlin and Gigatexus.

We've got a press conference from President Biden at Ford advocating for his infrastructure

plan, some news on Tesla stock from Renaissance technologies and new street research, and

a couple other stories as well.

We'll start off with the stock here quickly, Tesla today finishing up two tenths of

a percent to $577.87, a rare overperformance for the stock as of late, outpacing the

NASDAQ which was down 6 tenths of a percent, but to again just kind of drive the point

home from yesterday's episode where we talked about the influence of rotation, things

like that, arc innovation, ETF today up 1.4%.

Before we get into the updates from Elon, I did just want to quickly talk about Biden's

press conference and updates today on the infrastructure plan.

I think this was probably the most discussed topic that I saw out there for Tesla today,

and kind of for good reason I think the concerns that were heightened today around this infrastructure

plan are threefold.

The first two are in one line of a release statement from the White House on the infrastructure

plan today, sharing a couple of details about how a consumer electric vehicle tax credit

might be structured, it says quote, these incentives will not go towards expensive luxury

models and will also incentivize manufacturers who use good labor practices, end quote.

So the first concern there being, okay, expensive luxury models, what exactly does that mean?

It's unclear at this point in time, and then second there, also using good labor practices.

What exactly does that mean?

...