Energy UI, Leno's Garage, Shanghai, SpaceX, Next Week (09.23.22)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 24 September 2022
⏱️ 11 minutes
🧾️ Download transcript
Summary
➤ Tesla to release new energy, Supercharging features in software update
➤ Looking ahead to next week’s calendar
➤ Musk to be deposed in Twitter case
➤ Interesting Tesla Bot job listing
➤ Tesla may be shifting to exports from Shanghai
➤ Musk appears on Jay Leno’s Garage
➤ SpaceX updates
➤ Hertz / GM order
➤ Toyota cuts production plans
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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
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| 0:00.0 | Hey everybody Rob Mauer here, happy Friday, today we're going to be taking a quick look |
| 0:10.8 | ahead at next week as it should be an exciting and busy week, lighter news day today but |
| 0:15.3 | we do have some news on an upcoming software release from Tesla, Elon Musk appearing |
| 0:19.4 | on J-Leno's garage and things from SpaceX and a couple other items as well. |
| 0:23.8 | We'll jump right into the stock Tesla today, kind of feels like an instant replay of |
| 0:26.8 | yesterday, down 4.6% to close at $275.33 while the NASDAQ also faring poorly, down 1.8% |
| 0:34.9 | on the day, getting pretty close to the lows from June when the index was about $10,600. |
| 0:40.6 | So when the NASDAQ was at that level back in June, Tesla was actually at $217 per share |
| 0:46.6 | at that time, so even though it has actually felt like kind of a rougher week or so here |
| 0:51.7 | for Tesla, it's actually faring really well since the NASDAQ, you know, flat from that |
| 0:56.0 | period back in June, Tesla actually up 27% since that time, so we are seeing a lot of |
| 1:01.8 | outperformance even with this underperformance so far this week, continues strength and |
| 1:07.6 | Tesla, I think, just the fundamentals are going to overwhelm in the macro economic forces, |
| 1:13.4 | it's just going to take time and those things are going to have to be worked through but |
| 1:16.9 | we're still seeing relatively relative strength from Tesla. |
| 1:20.0 | Speaking of the macro economy that we will have some important news coming up next |
| 1:22.8 | week, if you didn't get enough fed stuff this week, we will have Jerome Powell speaking |
| 1:26.5 | again on Tuesday morning, I would imagine pretty similar comments from what we had heard |
| 1:30.7 | earlier this week, still an item to watch out for though, we'll have some home sales reports |
| 1:34.4 | that'll be important in midweek and then wrapping up the week with the personal consumption |
| 1:38.6 | expenditure index released for August on Friday. |
| 1:43.2 | Also on Friday, we will get AI day finally, so I'll be exciting, Tesla sending out some |
... |
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