Hey everybody, Rob Mauer here. Welcome back to Tesla Daily. Today we are talking about

Tesla finally making the decision to drop prices in China. We also have the 10Q filing

for the third quarter earnings report, some news on Tesla in Mexico and a couple other

items as well. Definitely an interesting day for the stock to start off the week. This

morning Tesla was down in the 7-8% range or so. Clowing back a little bit throughout

the day as the macro rose as well, Tesla finishing down just 1.5%, closing at $211.25. A lot

going on with these price changes in China. Certainly not the only thing going on there

as Xi Jinping confirmed to be taking his third term and a lot of corresponding reappointments

within the party Chinese stocks have not fared terribly well today, especially in the

EV sector. If we look at X-Pang Neo and Li Automotive, they were all down 12, 15 and

17% respectively on the day today. We'll talk more about China in a second, but of course

the other question being heavily discussed around Tesla today is whether or not Elon Musk

has been selling. That question especially prevalent this morning when the stock was down

so significantly, but because we did have that China news, Tesla already being down in

the pre-market, it does make it difficult to draw any correlation. We did have a higher

volume day today about 100 million shares traded. So red candles, high volume, it can

make it look like there is a pretty big seller in the market. So we'll find out within

the next couple of days if this has been Elon, of course we need to form for within two

business days of any trade. There's also been some debate today about whether or not

Elon could even sell today. There was some old filing that had said it needs to be 24

hours after the filing of a 10 queue. So we got that this morning, but maybe they filed

it on Friday. But that point appears to be moot as Gary Black did get an answer from

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