4.8 • 1.1K Ratings
🗓️ 23 July 2021
⏱️ 14 minutes
🧾️ Download transcript
➤ Tesla production in China numbers have been reported, suggesting a month-over-month decline in June from May
➤ Tesla China reportedly creates customer relations management department
➤ New energy vehicles credits reportedly begin trading period in China
➤ Tesla opens Virtual Power Plant Beta in California, sharing new details
➤ Ron Baron comments on June quarter for Baron Funds, highlights Elon Musk
➤ Quick PSA: https://youtu.be/yuINaBrcTTo
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Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
Executive producer Tesla Summary
Executive producer Jeffrey Yu
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
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0:00.0 | Hey everybody, Rob Mauer here and today we're talking about Tesla's production in China |
0:11.3 | in June. |
0:12.3 | We did just get those numbers they are down from May so we'll put them into our production |
0:15.5 | tracking spreadsheet, see what they're looking like, and up got some other context on those |
0:19.4 | numbers to share. |
0:20.4 | Then we've also got some news in China on customer relationships management and regulatory |
0:24.7 | credits, an update on Tesla's virtual power plant program in California, new comments |
0:29.1 | from Ron Barron and a couple other items as well. |
0:32.1 | Tesla stock on the day to day, again, underperforming the NASDAQ finishing down 910s of a percent to |
0:36.5 | $649.26, that compared to the NASDAQ up about 410s of a percent. |
0:41.2 | Alright, so first up, let's talk about production. |
0:43.8 | Of course, we already got the global production numbers with Tesla's delivery and production |
0:47.0 | report for Q2 at the start of July, but here we have China production numbers, so this |
0:51.8 | allows us to see the breakdown between China and free months. |
0:55.6 | So these numbers came out overnight, per money ball on Twitter here, June production, |
0:59.2 | 4 Tesla and Shanghai was 30,896 vehicles that broke down between 22,118 Model 3's and |
1:06.8 | 8,778 Model Y's. |
1:09.6 | Now as I said, that number is down month of her month, so Tesla's production in May |
1:13.2 | in Shanghai was just shy of 37,000 vehicles. |
1:16.6 | So let's hop back into our production tracking spreadsheet to break this down. |
1:19.8 | I have cleaned it up a little bit, I'll continue to work on that, but hopefully it's a little |
1:22.9 | bit easier to understand. |
... |
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