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Tesla Daily: Tesla News & Analysis

Elon Musk Laughs Off Tesla Bear Case, Investor Meetings, NHTSA, China, Energy, Volkswagen (12.09.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

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

4.81.1K Ratings

🗓️ 10 December 2021

⏱️ 14 minutes

🧾️ Download transcript

Summary

➤ Elon Musk responds to Tesla bear case
➤ Tesla reportedly meets with buy-side investors, shares details on Giga Berlin and Giga Texas
➤ NHTSA in contact with Tesla in regard to some screen functionality while driving
➤ China Passenger Car Association releases year-to-date by model sales
➤ Tesla partners with Genex on Australian battery project
➤ Missy Cummings back in the news
➤ Volkswagen and Herbert Diess resolve recent uncertainty

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 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

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 talking about a reaction

0:10.7

from Elon Musk to a bearish point of view on Tesla stock from Gordon Johnson.

0:15.0

Also got a bit of news from an automotive investor conference, a little bit more news

0:18.5

on China, Tesla Energy, Missy Cummings, who remember was appointed to Nitsa and Herbert

0:23.5

Dees.

0:24.5

And we are still in the middle of December 9th, so we'll see if anything else happens

0:28.6

obviously nothing big has happened yet today.

0:30.7

We did have that teaser from Tesla China yesterday for something that may come in the US time

0:35.5

zone later tonight, so we'll probably have to keep an eye out for that after the episode

0:38.9

is published, but so far nothing major for her 12 night.

0:42.2

I don't know if a lack of something there had anything to do with Tesla stock today,

0:46.0

but tougher day overall, Tesla finishing down 6.1% to $1,000,000 and 80 cents.

0:52.2

Tougher day overall in the markets though, and for growth stocks in particular the NASDAQ

0:55.7

down 1.7% today, and that was in comparison to the Dow being flat, so generally speaking

1:00.9

when you see the NASDAQ down by quite a bit, the Dow not really following that indicates

1:05.0

a bit of a rotation from growth into value.

1:07.8

Alright, first up here we're going to talk about kind of a funny response from Elon

1:11.2

to a CNBC video that they tweeted out from Gordon Johnson appearing on CNBC this morning

1:16.2

and we're not going to watch the video, but the text of the tweet here captures what

1:19.4

I think Elon is reacting to, and they're quoting Gordon Johnson who said quote with respect

1:23.4

to next year I think Tesla has big problems, their CFO said their gross margins are going

1:27.6

to come down with no new cars coming for Tesla, not only do you have a gross margin risk,

...

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