EV Market Share is Overrated, FSD Updates, UBS Increases Price Target (03.03.21)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 4 March 2021
⏱️ 10 minutes
🧾️ Download transcript
Summary
➤ An argument against a commonly-used metric to evaluate Tesla and the electric vehicles landscape
➤ Morgan Stanley issues note on Tesla, Ford Mustang Mach E, US EV market
➤ UBS increased TSLA price target
➤ Elon Musk tweets about the next version of Tesla’s Full Self-Driving Beta
➤ Whole Mars tests Tesla FSD vs. Waymo: https://bit.ly/2Oj2dJV
➤ SpaceX completes test flight of Starship SN10
Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283
Plaid producer Who Why
Plaid producer Ice Lakes Investments
Ludicrous producer Fred Hassen
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Bradford Ferguson
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
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, we're out of malware here and we're going to be talking a little bit more |
| 0:10.3 | about a metric that is often overemphasized for Tesla at this stage in the company's |
| 0:14.5 | growth. |
| 0:15.5 | And that is electric vehicle market share. |
| 0:16.7 | This has been brought into the forefront by a Ford release and a Morgan Stanley note |
| 0:20.5 | today. |
| 0:21.5 | We've gotten a few questions there so I want to share my thoughts. |
| 0:23.6 | We also have an updated note from UBS, some news on the full self-driving beta. |
| 0:27.4 | And I'll probably be recording while SpaceX tries again for their SN10 test flight which |
| 0:31.3 | earlier today was aborted, but at the start of this recording at least they do plan |
| 0:34.9 | to try again so maybe at the end we'll have an answer to that. |
| 0:38.0 | First up, quick click at the stock, Tesla today finished down 4.8% to $653.20, that compared |
| 0:43.9 | to the NASDAQ with a tough day down 2.7%, but the Dow was only down 0.4%, so tougher day |
| 0:49.2 | in general for higher tech stocks. |
| 0:51.2 | Alright, so let's get into market share here. |
| 0:53.1 | Of course we talked a little bit about this yesterday in relation to European market share, |
| 0:57.2 | but the conversation today has shifted over to US EV market share with Ford's release |
| 1:01.5 | today that for the first full month of sales on the Ford Mach-E, they sold 3,700 vehicles. |
| 1:07.4 | They also added that nearly 70% of Mach-E orders are from competitive brands while just |
| 1:12.4 | over 1-5th were sold in California, including that to highlight the fact that the Mach-E |
| 1:16.9 | is not just cannibalizing Ford sales but rather acquiring sales from other brands. |
| 1:21.0 | So this release from Ford then coincided with an updated note from Morgan Stanley with |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Rob Maurer, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Rob Maurer and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.