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Tesla Daily: Tesla News & Analysis

Bob Lutz (09.19.18)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 20 September 2018

⏱️ 6 minutes

🧾️ Download transcript

Summary

– An examination of claims made by former General Motors vice chairman, Bob Lutz

Links:
Email > tesladailypodcast@gmail.com
Twitter > @teslapodcast
Patreon > patreon.com/tesladailypodcast

Executive producer Jerome Jorden
Executive producer Rob Gill
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock

The post Bob Lutz (09.19.18) appeared first on TechCast Daily.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to the Wednesday September 19th

0:09.7

2018 edition of Tesla Daily on Official Tesla Podcast.

0:13.2

My name is Rob Maower.

0:14.2

Today we're talking about some headline news from Bob Lutz with his comments on Tesla.

0:18.4

Tesla stock on the day finishing up 4.93% to $299.2, pretty much making up the entire drop from Tuesday caused by the

0:27.5

Bloomberg Department of Justice report. This volatility is not unlike the volatility

0:31.8

that we saw around the privatization tweet.

0:33.8

So hey, maybe this can help Tesla with a legal defense against any stock price manipulation

0:38.0

claims if it ever did come to that, which again, I do not ever expect.

0:42.8

All right, so today get ready for quite a few quotes

0:46.0

because we are talking about the headline news from Bob Lutz

0:49.8

that actually came out I believe yesterday

0:51.6

but has continued to cycle through the news today.

0:54.0

I'm not sure exactly why it's getting so much attention, but it is and because it is I thought that

0:58.8

I would spend some time covering it today. For those of you who may not know who Bob Lutz is, he is the

1:03.9

former vice chairman of GM and prior to that he actually served as vice chairman

1:08.4

for Chrysler and prior to that was actually a vice president at Ford as well.

1:13.0

Lutz has a bit of a mixed history with electric vehicles.

1:16.0

At GM, he was a big proponent of the Chevy Volt Volt with a V,

1:22.0

which I think most listeners would agree was a solid step at the time

1:25.8

towards electric vehicles.

1:27.2

Lutz even said at the time, in an interview with Newsweek, quote,

...

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