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Tesla Daily: Tesla News & Analysis

Coronavirus Declared a Pandemic, Pressuring TSLA & Stock Markets (03.11.20)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 12 March 2020

⏱️ 13 minutes

🧾️ Download transcript

Summary

Coronavirus has been declared a pandemic by the World Health Organization. As cases continue to rise in the United States and internationally, more severe measures are being taken to react and reduce spread. Today's episode discusses these actions and where things may go from here, and the impact on Tesla and TSLA stock.

Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast

Ludicrous producer Vincent Smith
Executive producer Rish Singh
Executive producer Jeremy Cooke
Executive producer Nick Wood
Executive producer Fela Winkelmolen
Executive producer Troy Cherasaro
Executive producer Bradford Ferguson
Executive producer Andre Kent
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

Transcript

Click on a timestamp to play from that location

0:13.6

Hey everybody Rob Mauer here and today we are talking about the coronavirus. I know this is Tesla daily not coronavirus daily but obviously coronavirus is the biggest factor on the macro environment right now.

0:17.8

The background environment has a huge impact on Tesla as a stock and potentially

0:21.7

Tesla as a company. So I think it's worth spending a lot of time

0:24.8

focusing on coronavirus. There are a couple pieces of short-term Tesla news. Nothing critical

0:29.6

that I think we can get to later this week, but I think for today our best efforts are focused on

0:34.3

coronavirus.

0:35.3

That being said, this episode is a little bit different, as you can probably tell if you're

0:38.2

watching on YouTube.

0:39.4

I'm doing this sort of in one take.

0:40.8

I was having some issues with my audio interface which is part of my

0:43.6

editing process that I normally do. So we'll get back to that when I am able to resolve those

0:48.5

it's past midnight here though so I kind of just need to get this out. So bear with me on some of my vocalized pauses and things

0:56.2

like that with this episode and hopefully we'll get back to normal soon.

0:59.6

So that being said I've got my notes here on my phone just going to look through those. On coronavirus, the World Health

1:04.2

Organization has today changed the classification of coronavirus from multiple epidemics

1:09.4

throughout the world to a pandemic. So the classification for a pandemic is a virus that causes illness or death and there's

1:17.3

person to person spread and there's evidence of that spread throughout the world. So obviously

1:21.8

with coronavirus we are seeing that now. So no

1:24.7

surprise to see this change in classification. The World Health

1:28.5

Organization director today said a couple of interesting quotes saying

1:31.2

quote, deeply concerned both by the alarming levels of

1:34.5

spread and severity and by the alarming levels of inaction, end quote.

...

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