Hello and welcome to the Monday May 6th 2019 edition of Tesla Daily Unofficial

Tesla Podcast.

My name is Rob Maower, not a whole lot of news to discuss today,

but I did want to catch us up on a couple of headlines that have come out in the last few days.

Tesla's talk on the day today was a relatively strong performer finishing up 0.12%

but that compared to the Nasdaq down 0.47%. The markets in general were held down

by some Trump tweets on Sunday indicating that trade talks with China have not progressed as expected

with Trump threatening to increase tariffs and add tariffs in some cases on Chinese goods.

Those increases are slated for Friday according to Trump so

something to keep an eye on throughout the week. In terms of Tesla news on Friday

we got a little bit more information on the credit agreement between Tesla and Fiat Chrysler during Fiat Chrysler's Q1 earnings call.

I'll start with their opening comments on the earnings call. They gave a little bit of

information on the regulatory credits and why they're buying them, as well as their electrification

strategy in general, saying, quote, in line with our previously announced compliance strategy

for both the U.S. and E.M.E.A, we also executed agreements to buy regulatory credits.

These credit purchases are designed to minimize FCA's cost to compliance and

provide us with a strong hedge against the potential for lower price recovery in the market than the cost of the technology.

Now this is a complementary action to our continued investment, development, and deployment of our electrified

fleet which will reach 17 name plates by

2022 and it will bridge the period until we see the combination of market acceptance

technology cost and infrastructure development reaching the point that makes sales of heavily electrified vehicles more financially rational."

End quote.

...