Chief Designer Discusses What’s Next, Cybertruck, Semi & Elon Musk (11.30.22)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 1 December 2022
⏱️ 12 minutes
🧾️ Download transcript
Summary
➤ Tesla’s Franz von Holzhausen discusses Tesla’s next vehicle, Tesla’s Cybertruck, Semi, and working with Elon Musk: https://youtu.be/xTH3Nm_Ca1g
➤ Market rallies after comments from Fed chairman
➤ California Department of Transportation confirms large Tesla order
➤ Elon Musk meets with Apple CEO Tim Cook
➤ Netflix CEO Reed Hastings defends Musk
➤ Ukrainian President Zelensky comments on Musk
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Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody, Rob Mauer here, and today we are talking about a new interview with |
| 0:11.0 | Tesla's head of design of Franz von Holeshausen, also got a lot of action in the stock today, |
| 0:15.3 | we'll talk about that, the Fed comments that were made this afternoon, then we've got |
| 0:18.7 | a couple of things on Elon Musk and some other items as well. |
| 0:21.9 | So looking at the stock, another really nice day for Tesla today finishing up 7.7% closing |
| 0:26.5 | at $194.70 while the NASDAQ was up significantly 4.4% on the day today still nice to see that |
| 0:33.8 | outperformance from Tesla sometimes we haven't seen this recently, but riding a really nice |
| 0:37.8 | way for you as Tesla over the last 5 trading days up 14.5% versus the NASDAQ up about |
| 0:43.5 | 2.5%. |
| 0:44.5 | So nice to have a good reminder that the volatility inherent to Tesla does apply on the |
| 0:49.0 | upside sometimes as well. |
| 0:51.1 | Of course when we look at today a lot of the movement in the market coming after Fed Chairman |
| 0:54.9 | Jerome Powell's comments this afternoon, flag that as an item to keep an eye on, definitely |
| 0:59.0 | worthwhile. |
| 1:00.0 | Though I don't really agree that he said too much that is worthy of such a reaction, maybe |
| 1:04.3 | the absence of bad news helping lift that, but to me his commentary felt on par with what |
| 1:09.1 | we have been hearing from the Fed over the last few weeks, and that really has been that |
| 1:13.1 | hey we're starting to get into a period of time where we're going to slow interest rate |
| 1:16.3 | increases down, but ultimately what matters at this point is where the terminal rate ends |
| 1:20.6 | up and then for how long interest rates need to stay in a restrictive territory. |
| 1:25.2 | To me that really has seemed like the message ever since the early November Fed meeting when |
| 1:29.2 | they added that sentence or two that we talked about into the FOMC statement where they |
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