Welcome back to Tesla Daily, it's been a quiet couple of days for Tesla, but today we

do have some very interesting industry news and a couple of Tesla updates as well.

Not much action in the stock market Tesla today up a third of a percent, closing at $267.43

the NASDAQ up to 10% and the last few days have been pretty low volume in general for

Tesla stock.

We're looking at the calendar for this week a pretty normal week for economic reports, but

of course earnings continue we've got Toyota, Amazon, Apple and Airbnb could be interesting

as well.

The rest of this week.

Alright, I want to start off today with an article from Automotive News about dealerships

profits.

A lot of dealers have just reported this and I think it's an interesting topic right now because

we have seen reports from automakers that have been pretty strong financially, at least

relative to expectations forward in GM, they both raised their guidance for the year last

week.

In general, it seems like the automotive industry is actually kind of doing okay, which is

a little bit surprising because there's obviously the headwind for legacy ice manufacturers

of EVs, both the cost to develop them and then also the market share that they are starting

to take.

And then of course, like anything else, although particularly relevant to automotive, this

is a high interest rate environment, which should be a headwind for automakers as well.

One of the elements that makes analyzing these legacy automakers a little bit trickier though

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