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Tesla Daily: Tesla News & Analysis

Elon Musk Shares Major Details on Tesla, Reiterates Focus & Confidence (12.22.22)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 23 December 2022

⏱️ 23 minutes

🧾️ Download transcript

Summary

➤ Elon Musk discusses, Tesla, Twitter, the macro environment and more in new Twitter Space
➤ TSLA stock drops on the highest volume of the year
➤ Model Y breaks record in Norway
➤ Tesla expands battery footprint in Fremont
➤ Tesla reportedly places order with TSMC

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Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
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 Maurer here. We've got a lot to talk about today. We just had about

0:11.0

an hour long space with Elon Musk. Shared a lot of details about Tesla, what's going

0:16.3

on with Twitter, all these things. That's primarily what we're going to focus on. We do

0:20.2

have a couple of other items as well. Of course, the stock Tesla today down about 9%, closing

0:26.1

at $125.35. We are up a little bit after hours. We'll talk about that some comments from

0:31.4

Elon. I think driving that in the after hour session, you can pretty clearly see when

0:34.8

that happened. But otherwise, another high volume day for Tesla today, over 200 million shares

0:40.8

traded. So far, eclipsing the one year record that we had set last week during Elon Musk

0:46.3

selling, continued to see high volume this week and spiking even further today again

0:51.7

above 200 million shares on the day's day. As I'm live here, we do not yet have a

0:58.1

form for. Let me just refresh and make sure that nothing has changed there. This would

1:02.0

get us through Tuesday. If there had been no selling on Tuesday, if we don't see a form

1:06.9

for later tonight, it's a little past 10 Eastern now. So it would be, I guess, a little

1:12.5

bit surprising at this point. If we did see a form for, but again, that means that down

1:16.8

10% or so that we had on Tuesday, if we don't see a form for would not have been driven

1:21.9

by Elon selling. So we'll talk a little bit more about that. He had some comments on that

1:25.9

in the Twitter space. Just one other thing on stock, though, as we head into tomorrow,

1:31.4

macro wise, we should be keeping an eye out for the core PCE report that will happen tomorrow

1:36.6

morning. So if we do, in fact, not see this volume as a result of Elon selling, you know,

1:42.6

maybe kind of what we had talked about last week when, or a couple weeks ago, I guess

1:47.5

last week when we were still kind of up in the air, if it was Elon selling or not, maybe

1:51.6

we're seeing a large fund exit, maybe we're seeing the volatility cause a lot of margin

...

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