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Tesla Daily: Tesla News & Analysis

FSD Rollout Plan, September China Sales, Huge Megapack Order, Piper Sandler Note, and More (09.28.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tsla, Model3, Technology, News, Tesla, Investing, Tech News, Modely, Business, Models, Modelx

4.81.1K Ratings

🗓️ 29 September 2021

⏱️ 13 minutes

🧾️ Download transcript

Summary

➤ TSLA stock shows relative strength in worst day for Nasdaq in 6 months
➤ Elon Musk explains Tesla’s FSD Beta rollout plan and timeline
➤ Rumored huge month for Tesla China in September
➤ IDRA releases Giga Press teaser video
➤ New Cybertruck video creates possible confusion
➤ Biggest Tesla Energy deal ever reported
➤ Piper Sandler issues updated TSLA note, increasing estimates
➤ Ford announces EV and battery factory plans
➤ Volkswagen accused of using emissions test defeat device software
➤ Lucid announces start of production and delivery dates
➤ UK faces fuel shortage

Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Jeffrey Yu
Executive producer Michael Pastrone
Executive producer Richard Del Maestro
Executive producer John Beans
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 Rob, now we're here and today we have updates from Elon Musk on how the

0:11.1

FSD beta rollout is going to happen.

0:13.5

We've also got some news and rumors out of China, updates on Tesla Energy, Gigapresses,

0:18.8

and a couple other items as well.

0:20.8

Kind of a wild day in the markets today, the NASDAQ was down 2.8%, this is the worst day

0:25.5

for the NASDAQ in the last 6 months, and the fourth worst day in the last 12 months.

0:30.0

Despite that really poor macro environment, Tesla holding up pretty well today, though

0:33.8

it was a bit of a roller coaster, ending down 1.7% to $777.56.

0:40.2

Alright, first up here, we finally have a little bit more information on exactly how

0:43.7

the FSD beta rollout is going to happen last night Elon tweeting, while a lot of interest

0:48.5

in FSD beta, plan is to roll out version 10.2 midnight Friday, then on ramp about 1000 owners

0:54.7

per day prioritized by safety rating. He then clarified that he meant a week from Friday,

1:00.6

so this would be Friday October 8th for 10.2, and then on ramp about 1000 owners per day.

1:06.5

Of course yesterday we went through the safety score beta, the question was asked to Elon

1:10.3

with the minimum safety rating to get the beta was, Elon says quote, first few days probably

1:15.0

100 out of 100, then 99, 98, etc. End quote. So a lot more clarity than we have had,

1:21.8

and a seemingly pretty big advantage for those perfect or near perfect scores,

1:26.2

as I would imagine this is probably a pretty sharp bell curve, so the area under the curve

1:30.7

growing probably pretty quickly as scores drop off from 100. Now that's just a guess,

1:35.1

but it is based on the scores I've seen so far, and just the formula that Tesla is using to

1:39.9

calculate the scores. So we could sit here and try to do a bunch of calculations based on

1:44.3

number of vehicles sold in the United States, an assumed FSD take rate, try and figure out how

...

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