Hello and welcome to the Monday July 22nd 2019 edition of Tesla daily on

official Tesla Podcast.

My name is Rob Maurer.

Welcome to Q2 Earnings Week.

As a reminder, Q2 earnings are aftermarket close on Wednesday.

Tesla stock with a soft start to the week,

finishing down 0.97% to $255.68 today

that compared to the NASDAQ up 0.71%. Pretty quiet news day overall as the beginning of

earnings weeks tend to be,

but we did have an analyst downgrade from Roth capitals Craig Irwin,

which may have impacted the stock performance today,

though probably not all that significantly. They actually did hold their price target study at

238 but took their rating from buy down to neutral. From the fly.com Erwin quote believes

Tesla has a viable path to meet at least the low end of its

360 to 400,000 delivery guidance for 2019 but this does not eliminate margin

risks from rising 2019 battery costs or the impact of intensifying competition,

Erwin tells investors. The analyst who expects shares to remain rangebound

until the battery and competition issues are resolved

keeps a $238 price target on the stock."

I would say that so far from the Q2 delivery and production report, demand concerns

seem to have diminished, but we still have a huge open question about profitability and margin, which I think with the exception of any guidance that Tesla gives is probably the most anticipated aspect of the Q2 report.

That being said, the reasons that Erwin is giving don't really make a lot of sense,

...