FSD Timeline, Insurance, Supply Chain, Earnings Misconceptions (04.29.21)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 30 April 2021
⏱️ 9 minutes
🧾️ Download transcript
Summary
➤ Elon Musk shares a new timeline for release of Tesla’s FSD Beta V9.0 and discusses some of that changes that are coming
➤ Tesla preparing for Tesla Insurance expansion in several states
➤ Pierre Ferragu reports on interesting supply chain news for Tesla
➤ Examination of Tesla earnings report takeaways that may not be accurate
➤ SpaceX update
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Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody, Rob Maurer here, and today we're going to be talking about some new tweets |
| 0:10.7 | from Elon Musk on full self-driving as well as Tesla Insurance. |
| 0:13.5 | We got a couple other stories, and then I do want to follow up on a couple of key points |
| 0:17.0 | from earnings that I've been seeing discussed pretty broadly, and perhaps being misinterpreted, |
| 0:21.2 | so I wanted to offer some perspective up on those. |
| 0:23.9 | Third day of declining stock prices in a row for Tesla Stock today, down 2.5% to $677 |
| 0:29.4 | even, that did compare to the NASDAQ slightly up, though it was mixed throughout the day, |
| 0:33.5 | it ended finishing up 2.10% of a percent. |
| 0:35.6 | Alright, so we've had a pretty active Elon on Twitter, since earnings yesterday he was |
| 0:39.8 | willing to again share his estimated timeline on the next release for the full self-driving |
| 0:44.4 | beta, which we haven't seen for quite some time, so obviously they're working on |
| 0:47.8 | version 9, Tesla owner Silicon Valley here asking any wisdom on limited version 9 FSD |
| 0:52.2 | beta release, Elon says quote, probably two weeks, end quote. |
| 0:56.5 | Alright, so there's our most recent timeline, obviously Elon had some mixed comments on |
| 1:00.7 | this on the call, he said that FSD beta continues to make great progress, but then he talked |
| 1:04.4 | for about three paragraphs here about how difficult of a problem this really is, and then |
| 1:09.1 | just kind of left it at that, though he did say he was highly confident that they'll |
| 1:12.6 | get it done, but I don't think anyone listening to that really left that part, feeling optimistic |
| 1:17.4 | about the timelines. |
| 1:19.1 | Perhaps that was a factor in why Elon decided to respond to this, though I stopped |
| 1:22.4 | it that we got on timeline, I believe was back in mid-April, Elon said hopefully next |
| 1:26.0 | month for the beta button, of course he also said similar thing hopefully next month |
... |
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