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Tesla Daily: Tesla News & Analysis

China Expansion Plans, Shareholder Meeting, Twitter Re-IPO, EU, Supercharging, Apple (05.03.22)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 3 May 2022

⏱️ 13 minutes

🧾️ Download transcript

Summary

➤ Tesla reportedly plans massive production expansion in China
➤ Elon Musk reportedly plans to re-IPO Twitter eventually
➤ Tesla schedules annual meeting, date of record
➤ Tesla seeks to hire EU public policy influencer
➤ Third-party Supercharging expansion continues in Norway
➤ Store employee compensation adjusted by Tesla
➤ Apple car update
➤ AMD beats earnings expectations

Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
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Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Michael Pastrone
Executive producer Richard Del Maestro
Executive producer John Beans
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody, Rob Mauer here, and today we are talking about a new report on Tesla's

0:11.3

expansion plans in China.

0:13.0

We also have a scheduled date for Tesla's annual shareholder meeting, a couple of news

0:16.4

items out of Europe, a report on Tesla's compensation, and a couple other items as well.

0:20.8

Little bit quieter of a day, and the stock market today feels kinda nice after last week,

0:24.5

Tesla finishing up 7.10% to close at $909.25, the NASDAQ was up to 10%

0:30.0

and relatively lower volume today, Tesla about 21 million shares traded.

0:34.0

Of course tomorrow there will be a little bit more excitement as the federal published

0:36.8

their statement from the May meeting, two hours before market close, that'll be followed

0:40.2

up with a press conference from Jerome Powell.

0:42.2

So all eyes will be on that and barring any other major news specific to Tesla, Tesla will

0:46.7

probably just follow around the NASDAQ's reaction, whatever way that ends up being.

0:50.6

And then while we're looking at the macro calendar, just quickly ahead to next week, the

0:54.2

Core CPI and PPI data will be released on Wednesday and Thursday respectively, consumer

0:58.8

price index and produce price index.

1:00.6

And those will be particularly interesting because we're starting to come up against

1:03.4

the period last year where inflation really started to rise, so the numbers are starting

1:06.8

to come up against higher benchmarks from last year.

1:09.7

We'll get into Tesla's specific news here in a second, but first just a quick update

1:12.9

on Elon and the Twitter situation, which of course has been the predominant story over

1:16.2

the last few days, perhaps a little bit of a break on that today as Elon in the news

1:19.8

for other reasons, and that was his appearance at the MetGala, which thankfully we don't

...

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