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Tesla Daily: Tesla News & Analysis

China "Recall", Battery Supply Deal, Tesla Appeal, Plaid First Drive (06.28.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 29 June 2021

⏱️ 10 minutes

🧾️ Download transcript

Summary

➤ Tesla issues over-the-air software update “recall” in China
➤ Tesla inks new deal with major battery supplier
➤ New study shows Tesla’s attractiveness compared to other vehicles
➤ Tesla prepares for surge in Supercharging ahead of holiday weekend
➤ Rob drives a Model S Plaid: https://youtu.be/SRv6Cpf0IuE
➤ Happy birthday to Elon Musk!

Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283

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

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody, Rob Mauer here, welcome back to Tesla Daily and to the final week of

0:11.4

Tesla's second quarter.

0:12.9

Quarter ends on Wednesday and we shouldn't see Tesla report delivery and production numbers

0:15.8

likely on Friday.

0:17.7

At some point this week I'll go through my forecast before we get those numbers as usual.

0:21.7

Today though, we're talking about, as I'm sure many of you have heard, over the weekend,

0:24.5

a quote-unquote recall in China.

0:26.3

We've also got some news on Tesla's battery supply, brand appeal and a couple other stories

0:30.6

as well.

0:31.6

But of course, first things first as today is June 28th, 69 days after April 20th.

0:36.6

This is Elon's birthday, so happy birthday to Elon Musk, happy 50th today.

0:40.2

Thank you for all that you've done and I can't wait to see you with the next 50 years.

0:43.0

We'll bring.

0:44.0

Alright, quick look at the stock Tesla today actually shaking off the news of the recall

0:47.4

that we had over the weekend to finish up 2.5% today for a strong start of the week

0:51.2

to $688.72, that compared to the NASDAQ up 1%.

0:55.9

Alright, so what does this recall all about?

0:58.3

Well Tesla has recalled domestically produced as well as imported Model 3 and Model Y vehicles

1:02.6

in China to update traffic aware crews control.

1:06.3

So of course, pretty much every major business media outlet picking up on this leading with

1:09.8

a headline of Tesla recalling hundreds of thousands of vehicles, but because this is Tesla

1:14.0

just like we have seen in previous instances, this is something that Tesla can fix with

...

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