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Tesla Daily: Tesla News & Analysis

Elon Musk Denies Pump & Dump + Tesla’s $1.8B Debt, Maxwell Technologies Sale (07.21.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

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

4.81.1K Ratings

🗓️ 22 July 2021

⏱️ 12 minutes

🧾️ Download transcript

Summary

➤ Elon Musk joins Cathie Wood and Jack Dorsey for a discussion at The B Word conference
➤ Tesla reportedly plans for early redemption of $1.8B of bonds
➤ Tesla sells off part of Maxwell Technologies
➤ BHP and Tesla agree on nickel supply contract
➤ Tesla adjusts hardware upgrade price on FSD subscription
➤ Clarification on a TSLA price target

Twitter: https://www.twitter.com/teslapodcast
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Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
Executive producer Tesla Summary
Executive producer Jeffrey Yu
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 a little bit about Elon

0:11.0

Musk's appearance at the B-word conference, his discussion with Kathy Wood and Jack

0:14.9

Dorsey about Bitcoin, but a couple mentions of SpaceX and Tesla in there.

0:19.1

Then we've got some financial news, Tesla reportedly planning to redeem some of their

0:22.4

previously issued bonds early, we'll talk about the details there, plus Tesla has sold

0:26.2

off some assets from the Maxwell Technologies acquisition, we've also got an update

0:29.6

on the full self-driving subscription to change that Tesla has made there, and a couple

0:33.3

other items.

0:34.3

First up, quick look at the stock, Tesla finishing down 0.8% on the day to day, $655.29,

0:40.8

that did trail the NASDAQ which finished up 9.10% of a percent today.

0:44.3

Alright, we'll start off with Elon Musk's appearance at the B-word conference, this was

0:47.8

about an hour and 10 minute or so discussion with Kathy Wood and Jack Dorsey as I mentioned.

0:52.0

Obviously, this was mostly focused on Bitcoin, but Elon did bring up Tesla a few times,

0:56.2

from the discussion overall, it just clear that Tesla is still holding its Bitcoin position,

1:00.8

and there was a decent amount of time spent on the environmental cost of Bitcoin and a discussion

1:05.3

around that.

1:06.3

Elon basically reiterating what he had said previously, that when Tesla decided to stop accepting

1:10.7

Bitcoin as a payment option, it was because they had seen what they thought appeared to

1:14.4

be a spike in non-renewable energy, dirty energy being used to mine Bitcoin, which also

1:19.4

coincided with the big price increase in Bitcoin, and that can incentivize some of that poor

1:24.5

behavior.

1:25.5

Basically, as Elon put it, there wouldn't be a way to get renewable energy sources up

...

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