Enhanced Autopilot, Giga Shanghai, Layoffs, SpaceX Firings (06.17.22)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 18 June 2022
⏱️ 21 minutes
🧾️ Download transcript
Summary
➤ Ron Baron shares thoughts on current market
➤ Tesla plans to expand Enhanced Autopilot offering
➤ Rumor on China production
➤ Price increases in China
➤ Berlin-made Model Y efficiency test
➤ Tesla layoffs reportedly continue
➤ SpaceX fires employees behind open letter
➤ Tesla expands insurance offering
➤ Markets closed on Monday, June 20
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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
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody, we're up now we're here and today we are going to be talking about Tesla's |
| 0:11.0 | autopilot option strategy, more news on Tesla layoffs, an update on that open space accelerator |
| 0:16.4 | that we talked a little bit about yesterday, news on Tesla in China, and more. |
| 0:22.7 | So we got a little bit of an update today to close the week, Tesla finishing up 1.72% |
| 0:28.2 | an Aztec up 1.4%, so not quite what we want to see with Tesla's beta, but at this point |
| 0:33.6 | we'll take some green performance to wrap up the week and Tesla closing at $650.28. |
| 0:40.7 | We did have some nice market commentary today from Ron Barron. |
| 0:43.8 | I know there's been a lot of doom and gloom in the markets lately, but Ron Barron, more |
| 0:47.1 | of a long-term investor today on CMBC talking about how he views this as a huge buying |
| 0:52.7 | opportunity, calling it once in a generation. |
| 0:55.6 | So nice to have a little bit of that bullish perspective in the market sometime, especially |
| 1:00.1 | from someone as well respected as Ron Barron. |
| 1:03.6 | The other quick note on the markets is that the markets will be closed on Monday in observation |
| 1:08.0 | of the Juneteenth holiday, new this year as a federally recognized holiday. |
| 1:12.8 | So no Tesla trading, at least in the US market on Monday, and unless anything crazy happens, |
| 1:18.1 | probably no Tesla daily episode either, and we'll be back on Tuesday. |
| 1:22.7 | So getting into the news today, we do have an update from Elon here responding to Trevor |
| 1:27.3 | Page, Tesla owner's online, saying that Tesla is going to be bringing back the enhanced |
| 1:32.2 | autopilot option. |
| 1:33.6 | So Tesla did away with this in the United States at least, I don't know, it's probably |
| 1:38.8 | been a couple of years now at least, with the introduction of FSD, Tesla has gone to |
| 1:42.8 | just standard autopilot included and FSD as the only option. |
... |
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