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Tesla Daily: Tesla News & Analysis

China Shanghai Protest Coverage Escalates, Tesla India, Conquest Sales, Semiconductors, Cadillac Lyriq (04.21.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 22 April 2021

⏱️ 13 minutes

🧾️ Download transcript

Summary

➤ Taking a closer look at the Tesla protest in China and reactions across social media
➤ Tesla hires new executives in India, reportedly narrows location search for first corporate office
➤ Tesla’s general counsel leaves for lidar startup
➤ Biden administration to review California emission regulation flexibility
➤ Ford announces production halts due to semiconductor supply issues
➤ GM announces price of the upcoming all-electric Cadillac Lyriq
➤ Porsche discloses first quarter Taycan sales
➤ NASA and SpaceX adjust Crew-2 launch schedule
➤ Benzinga conference info: https://www.benzinga.com/events/small-cap/clean-tech/

Twitter: https://www.twitter.com/teslapodcast
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Plaid producer Who Why
Plaid producer Ice Lakes Investments
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Bradford Ferguson
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
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're continuing to discuss the fallout from

0:11.3

the protests that we've heard about in China we talked about at the end of yesterday's

0:14.4

episode.

0:15.4

I have learned a little bit more on that situation after some discussions with some people

0:18.4

in China so I wanted to pass those along.

0:20.5

Then we've also got a customer loyalty update from IHS Market, some macro news, and some

0:24.6

news from competition.

0:26.4

First we'll take a look at the stock test of today having a strong day rising throughout

0:29.5

the day as did the macro environment, Tesla up 3.5% to $744.12, that compared to the

0:35.5

Nasdaq up 1.2%.

0:37.4

So Tesla shaking off the drop that we'd seen earlier this week and now sits at just above

0:41.3

the level that it closed at.

0:43.1

Last week, as we approach earnings, again aftermarket close, on Monday.

0:47.0

Alright, so continuing our conversation from yesterday and just to catch people up quickly,

0:51.1

we're talking about a protest at Tesla's display at the Shanghai Auto Show.

0:54.6

This is the second protest by the same woman in about a month and a half.

0:57.8

She's claiming that the brakes failed in her father's Tesla Model 3 when he was driving

1:01.1

causing an accident.

1:02.4

Tesla claims there were no signs of any brake failure and my understanding is that both

1:05.4

parties have been waiting on a third party inspector to reach some sort of resolution.

1:09.8

So anyway at the Shanghai Auto Show, this woman came and stood on top of Tesla's display

1:13.4

vehicle, shouting Tesla brakes fail, Tesla brakes fail over and over.

...

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