Hey everybody, Rob Maurer here. Welcome back to Tesla Daily. Today we are talking about

some news that may be relevant to Tesla Energy. We've also got a report on Tesla's next

generation FSD hardware, FSD beta version 11 full release notes, and a couple other

software updates as well. Still no support to be found for Tesla stocked down another

6.8% on the day-to-day, closing at $167.87 with the NASDAQ was down, but just 1.1%. I know

everybody looking for reasons, the reality is there's always going to be a lot of them, some

that we know about, some that we don't. I do think that Elon's focus on Twitter is causing

a lack of confidence from some investors at the moment, and I think China and margin concerns

continue to weigh really heavy. We've gone in the last three to six months from huge backlogs

and expanding margins that have really good implications for forward earnings to now a situation

where we've had price cuts, diminishing backlogs, which completely flips the question around forward

earnings from how high can margins go to how low will margins ultimately end up being. Elon's

actions I think are adding to uncertainty, but that uncertainty is already present in the fundamentals

based on all of the things that we've already talked about with China demand. Now exacerbating

that even further is the uncertainty around COVID in China. Beijing has seen cases rise pretty

rapidly, they're putting in more restrictions on businesses and schools, and over the weekend,

China also marked their first COVID-related death since May. So everyone waiting to see what happens

here as China has tried to make some moves away from COVID-0, but that's obviously going to increase

the spread. China with 1.4 billion people, how are they going to react to what could pretty quickly

become massive numbers after having pushed the COVID-0 policies and rhetoric for so long. So a lot of

uncertainty there in China, both on production and demand, can Tesla keep Gigashang high operating,

if they can, can they even sell a decent number of those cars in China, and what is increasingly

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