China Insured Vehicles, South Korea, Cybertruck, S&P Research, Brand Favorability, Mobile App (11.29.22)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 30 November 2022
⏱️ 19 minutes
🧾️ Download transcript
Summary
➤ New weekly insurance numbers out of China show continued strength
➤ Looking at TSLA short interest
➤ South Korean government discusses Tesla factory in more detail
➤ Cybertruck hiring updates
➤ Cybertruck casting machine update
➤ S&P shares research on EV market
➤ Tesla appears to update rear screen in refreshed S/X
➤ Hertz begins adding Superchargers
➤ Tesla updates mobile app
➤ Volkswagen discusses Foxconn partnership
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Executive producer Jeremy Cooke
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Executive producer Michael Pastrone
Executive producer Richard Del Maestro
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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 new, insured vehicle data |
| 0:11.8 | out of China. |
| 0:12.8 | We've also got a couple of updates on Tesla's Cybertruck. |
| 0:16.0 | News on, uh, or some market research rather from S&P and quite a few other news items |
| 0:21.3 | as well. |
| 0:22.6 | So we'll hop right into it. |
| 0:23.6 | Tesla today, down 1.1%, relatively quiet day for the stock, closing at $180.83, and |
| 0:29.6 | NASDAQ was down 6.10% of a percent on the day to day. |
| 0:33.2 | So again, pretty quiet, generally performing in line with Tesla's beta. |
| 0:37.3 | One thing I did want to cover on the stock quickly here is short interest. |
| 0:40.4 | I've seen a lot more discussion on this in recent days, of course. |
| 0:43.4 | Makes sense to take, take it as a point of interest with the stock decline that we have |
| 0:48.1 | seen over the last month or so. |
| 0:50.6 | So I just wanted to take a quick look at that. |
| 0:53.0 | As we remember from a long time ago when we used to talk about short interest all the |
| 0:56.9 | time. |
| 0:58.0 | This is relatively delayed in terms of how it gets reported and it only has reported |
| 1:01.5 | every couple of weeks. |
| 1:03.1 | So our last look into this, which was just recently published is from November 15th. |
| 1:08.8 | Short interest at that time was about 78.3 million shares. |
| 1:12.5 | So it looks like it is up significantly from a few months ago where we had 20 million |
| 1:16.8 | shares. |
... |
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