Hello and welcome to the Monday December 16th

2019 edition of Tesla Daily on Official Tesla Podcast.

My name is Rob Maower.

Today we're talking about the news on tariffs.

We have some updates from analysts on Tesla stock.

And then we have a little bit to talk about with the EV tax credit situation,

as I think that was

influencing the stock of it today as well. As I'm sure we're all aware

Tesla stock on the day today did finish up six and a half percent to

$381.50 that is the fourth highest all-time close for the stock price, and it's the

highest all-time close for the market cap. So the valuation of Tesla has never been higher. The macro environment was strong. the If you are curious, the all-time high close for Tesla stock was $385 per share back in September of 2017,

so more than two years ago, and the all-time high intra-day stock price was $389.61.

So 2.13% is the magic number for tomorrow.

If Tesla can be up that far,

it will set a new intraday high. As for why the stock was up so much today. I think it was a combination of four things those three things that I mentioned in the intro

tariffs some positive commentary from analysts, and then the EB tax credit situation that will go into detail on.

And the fourth thing, just the overall trend of Tesla, and then maybe lump short covering into that last piece on trend.

All right, so let's start off with the tariff situation because I think that had the biggest impact on the overall market today.

There were some deadlines looming over this weekend that sparked some progress on a quote-unquote phase one trade deal agreement between the US and China.

So that started developing on Friday and then more details came out over the weekend and helped the

overall markets rise today. In terms of the US's side of this phase one agreement

the US was supposed to implement a 15% tariff on 160 billion dollars of

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