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Tesla Daily: Tesla News & Analysis

Confusion on Tesla China Reporting + AMD Retrofit, Tesla Megapack (01.06.22)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tsla, Model3, Technology, News, Tesla, Investing, Tech News, Modely, Business, Models, Modelx

4.81.1K Ratings

🗓️ 7 January 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

➤ Clarification on Tesla Giga Shanghai workforce reporting
➤ Report on Giga Texas
➤ IG Metall sets up shop near Giga Berlin
➤ News on possible processor retrofitting
➤ Tesla performs well in UK in 2021
➤ Tesla unveils Megapack project in Texas

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 Jessie Chimni
Executive producer Michael Pastrone
Executive producer Richard Del Maestro
Executive producer John Beans
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 going to be talking about some reporting

0:10.7

on Gigashang High, particularly the workforce and production rates, and we've also got

0:14.7

some potential news on Gigatexas, Gigaburlin, also an update on the AMD Ryzen processor

0:19.6

Tesla's been using, EV sales in the UK and Tesla Energy.

0:23.2

Alright, Tesla's stock on the day to day finishing down about 2.1% to $1,064.70, the Nasdaq

0:29.0

down just 1-10th of a% today, and with the Dow actually underperforming the Nasdaq

0:33.2

Generane indicator that gross stocks are probably going to do a little bit better, was a bit

0:36.7

surprising to see Tesla trail seems a little bit more Tesla isolated than the last couple

0:40.3

of days have been as we've talked about.

0:43.0

Sometimes in those cases you kind of look at other EV stocks and those will all be down

0:46.4

kind of together, but mixed results there today, some up, some down, same thing with traditional

0:51.0

automakers, so I don't think anything there particularly relevant to Tesla's movement,

0:55.0

but regardless, Tesla is now giving up almost the entirety of the gains from Monday.

0:59.0

Now up less than 1% on the year and earlier this morning, even dipping below that level.

1:04.4

That being said, also worth noting that the Nasdaq is down about 4% year to date, so

1:08.6

Tesla's still doing a bit better so far.

1:10.8

Alright, so first off today, I want to spend some time talking about some reporting on

1:14.0

Gigashang High.

1:15.0

I think there was some news picked up by Tesla Roddy today and a couple of other outlets

1:18.3

that is a little bit confusing, and admittedly I don't have all the answers here, but I think

1:22.0

I can help provide at least a little bit of context for this report.

1:25.2

So Tesla Roddy saying Tesla's workforce expansion at Gigashang High will grow new model

...

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