Hello and welcome to the Monday February 11th 2019 in addition of Tesla daily on

official Tesla Podcast. My name is Rob Maurer today. 2019 in some of their stake in Tesla, as well as some reports on Tesla's competition.

Tesla stock on the day today did finish up 2.30% to $312.84,

this compared to the NasdDAQ up 0.13%.

The big driver of the stock today seemed to be the analyst upgrade from Kanakord

Genuity, which raised from a hold to a buy rating on Tesla and increase their price target from $330 per share to $450 per share.

Analysts Jed Dorsheimer said, quote, we view the recent string of price cuts as further proof that the cost cutting and

right sizing that the company has undertaken are resulting in concrete movement towards the

ultimate goal of an affordable $35,000 model 3.

With the strong operating cash flow generation of $1.23 billion

and the cash on the balance sheet of $3.7 billion,

the liquidity concerns and convertible note repayment are no longer valid concerns in our view."

End quote.

Always good to get some broader acknowledgement of the point of view that Bals have had for a long time.

CNBC made a pretty big deal out of this price target upgrade today,

bringing that analyst on to discuss the change,

and they had a couple of articles on it as well.

CNBC also had an article on an updated note from Adam Jonas where he

discussed that Rivian would be the next competition for Tesla.

I would say if that is the case that's extremely would be the next competition for Tesla.

I would say if that is the case,

that's extremely bullish for Tesla

...