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Tesla Daily: Tesla News & Analysis

Court Orders Tesla to Share Musk Communications, Mustang Mach-E Sales, Credits, Semiconductors (05.05.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 6 May 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

➤ Tesla board of directors ordered to turn over communications between Musk and attorneys regarding 2018 CEO Performance Plan
➤ Ford releases April Mustang Mach-E sales figures which continue to fall month-over-month
➤ Stellantis reports earnings and discusses regulatory credit situation with Tesla
➤ GM reports earnings and addresses semiconductor shortages and Super Cruise subscriptions
➤ SpaceX updates

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Plaid producer Who Why
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, now we're here and today we're going to be discussing a new court

0:10.7

ruling on Alasud against Tesla.

0:12.4

We also have some updated sales information on the Ford Mach E and GM and Stellantis have

0:17.8

reported earnings.

0:18.8

They have shared a couple of interesting comments, one on the regulatory credit situation

0:21.6

that we discussed yesterday with Tesla for Stellantis and then also both of them have commented

0:26.1

on the semiconductor shortages.

0:28.4

As you can probably tell again today, I am still a little bit on the mend here feeling

0:31.6

better than yesterday though, so hopefully again better tomorrow.

0:34.8

But thanks for all the well wishes yesterday, taking a look at the stock today, Tesla

0:38.4

finishing down 410% to $670.94.

0:43.2

That was pretty much equivalent to the NASDAQ also down 410% fittingly for the pretty

0:48.0

quiet week that we've had so far volume has been really low.

0:50.8

Looks like this will be the lowest volume day that we've had for Tesla in the last couple

0:54.4

of months.

0:55.4

Alright so first up here we've got an update on an ongoing lawsuit against Tesla's

0:58.9

Board of Directors and Elon Musk for Elon Musk's compensation plan.

1:02.7

I tend to not follow these things super closely, every company's always got lawsuits going

1:06.8

against it.

1:07.8

For Elon Musk's compensation plan obviously that has been a very rewarding for long-term

1:11.4

shareholders.

1:12.4

I think by now most viewers have a really good understanding of how that plan was structured,

...

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