Buffett’s Response on Apple/Tesla (08.31.18)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 31 August 2018
⏱️ 7 minutes
🧾️ Download transcript
Summary
– Warren Buffett responds to a question regarding whether or not Apple should be interested in acquiring Tesla (Link)
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Disclosure: Rob Maurer is long TSLA stock
The post Buffett’s Response on Apple/Tesla (08.31.18) appeared first on TechCast Daily.
Transcript
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| 0:00.0 | Hello and welcome to the Friday August 31st 2018 edition of Tesla Daily on |
| 0:11.2 | official Tesla Podcast. My name is Rob Maower. Today we're talking |
| 0:13.9 | about some comments that Warren Buffett made regarding Tesla. Tesla stock on |
| 0:17.7 | Thursday again kind of continuing the rougher week that it's had finishing in |
| 0:21.2 | the red again, down 0.61% this compared to the |
| 0:24.6 | NASDAQ down 0.26%. As we conclude August here I personally am looking |
| 0:29.3 | forward to the beginning of a new month and I think we can start to put some of this |
| 0:33.1 | privatization drama behind us now that we're moving into the last month of Q3 I think the |
| 0:38.0 | focus will again shift back to those Q3 results in the absence of other critical news my expectation |
| 0:44.2 | would be that we kind of stay around the level that we're at now or drift |
| 0:47.6 | upwards into Q3 earnings. As I've said before I don't think that Q3 |
| 0:51.0 | earnings by itself is going to be enough to kind of vault Tesla to that next level. |
| 0:55.6 | I think regardless of the financial outcomes or the delivery or production numbers, |
| 0:59.2 | there are going to be arguments that can be made against those results. |
| 1:02.4 | Arguments that I personally won't agree with but that still can be made against those results. Arguments that I personally won't agree with but that still can be made and still could be |
| 1:06.7 | perceived as valid by some people that maybe just feel more uncertain about Tesla's |
| 1:11.1 | financials or future demand or whatever the case may be. |
| 1:14.0 | Either way, looking forward to September, should be a huge month for Tesla, both for productions and |
| 1:18.7 | for deliveries, and I can't wait to see the results. |
| 1:21.5 | All right, in the news yesterday yesterday we have some headlines driven by |
| 1:24.2 | Warren Buffett making some comments that reference Tesla indirectly. |
| 1:27.6 | I specify indirectly because there are a ton of headlines out there with something to the |
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