4.8 • 1.1K Ratings
🗓️ 18 June 2019
⏱️ 8 minutes
🧾️ Download transcript
– Elon causes some confusion with his most recent tweet
– Ben Kallo of Baird issues an update on TSLA
– InsideEVs reports on availability of the single-motor rear-wheel drive long range Model 3
– Pope Francis hosts climate change conference with business leaders
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Executive producer Rob Gill
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Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
The post Elon’s (off?) Twitter, Baird Update, RWD LR Model 3, Pope Francis (06.17.19) appeared first on TechCast Daily.
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0:00.0 | Hello and welcome to the Monday June 17th |
0:09.7 | 2019 edition of Tesla Daily on Official Tesla Podcast. |
0:13.6 | My name is Rob Maower, a few various news items today, but we'll start with the stock price, |
0:17.6 | which was up today, 4.70% to 225.3 cents, that compared to the NASDAQ up 0.62. |
0:25.0 | So strong overperformance from Tesla today. |
0:28.0 | Many other companies saw a similarly strong overperformance though as well. |
0:32.0 | Netflix for example was up 3.2% Spotify 3.4% |
0:36.2 | Facebook 4.2 lift 4.3% |
0:39.5 | so while there was some Tesla news today I don't think it was singularly that news that was |
0:43.1 | really driving the stock price. I think it was a combination of the macro |
0:46.1 | environment as well as hopefully what seems to be a continuation of the |
0:50.1 | reversal and trend that we've been seeing. One piece of news today that may have had an impact on the share price was an updated analyst |
0:56.0 | note from Ben Kalo of Baird. |
0:58.2 | That news was reported by Basinga. |
0:59.9 | Unfortunately, I only have access to the headline because the body of the article is behind a paywall for Basing a pro. |
1:05.8 | I did try to start a free trial, but unfortunately you need to call them. |
1:09.0 | I did call them, but nobody answered. |
1:11.0 | So we will get the news from the headline which was quote |
1:13.7 | Baird analyst Ben Kalo believes upside and Tesla shares on Monday related to quote the start of |
1:19.3 | short covering over the next few weeks, end quote. |
1:22.7 | They then updated that headline to quote, |
1:25.0 | Baird's Kalo cites aspects for Tesla short covering. |
... |
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