4.8 • 1.1K Ratings
🗓️ 8 October 2021
⏱️ 12 minutes
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➤ Tesla schedules Q3 2021 earnings report
➤ Discussion on Elon Musk’s comments during Tesla’s annual shareholder meeting and how 4680 battery production may be ramping up
➤ Elon Musk mentions possible Solar Roof “campaign”
➤ Tesla gets set up for Giga Fest in Berlin
➤ Canaccord Genuity raises TSLA price target
➤ Elon Musk likes tweet about Company X conglomerate
➤ The Boring Co makes progress on new project
➤ JB Straubel interviewed by Jason Calacanis: https://youtu.be/aWR5-mo8f1g?t=1358
➤ FSD Beta 10.2 set for release
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Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Jeffrey Yu
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
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0:00.0 | Hey everybody, Rob, now we're here happy Friday, today we're going to be spending a little |
0:11.0 | bit more time going through a couple of points that probably deserve a little bit more emphasis |
0:14.9 | from yesterday's shareholder meeting, a couple of updates out of Gigaburlin as we await |
0:18.9 | Gigafest tomorrow, an analyst update, got some news from Elon on Twitter, a new interview |
0:24.0 | with Tesla's former CTO, JV Struggle, and a couple of other things as well. |
0:28.7 | Alright, so Tesla Stock wrapping up the first week since the EQ3 delivery and production |
0:32.3 | report today finishing down 1% to $785.49, that compared to the NASDAQ which was down |
0:38.6 | half a percent on the day. Despite that drop though, Tesla did manage to eke out a small |
0:43.0 | gain for the week, up 1.3% versus the NASDAQ basically flat, up 1.10% of a percent. |
0:49.4 | Tesla today did announce the date for the Q3 earnings report and a bit of a surprise, it's |
0:53.9 | actually going to be on Wednesday, October 20th, I was expecting on Monday, October 25th, |
0:58.8 | based on the last two earnings reports, those are the two that we have so far in 2021, |
1:02.8 | so it really looked like coming into the year, Tesla just decided to reschedule and have |
1:06.4 | them on those Mondays. However, now we flip back to the old schedule on Wednesdays, so this |
1:11.9 | is the same date that it would have been if we hadn't had those changes in Q1 and Q2. |
1:16.7 | So, the reason that kind of is important to even think about is because sometimes when |
1:20.7 | earnings get scheduled early, people view that as a bullish indicator, and actually the data does |
1:24.9 | kind of support that a little bit, intuitively kind of makes sense, right? If you have bad news, |
1:29.0 | you're probably going to wait a little bit longer to release that, versus if you have good news, |
1:32.6 | maybe you want to get that out sooner. But because this does just look like a reversion back to |
1:36.4 | Tesla's old schedule, I'm not going to read into it too much, it's possible that for Q1 and Q2, |
1:41.7 | there were just conflicts that made them have to move those dates, you may remember the |
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