FSD Visualization, $1.4B Debt Facility, Rivian Capital Raise (12.23.19)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 24 December 2019
⏱️ 14 minutes
🧾️ Download transcript
Summary
- Firmware 2019.40.50, including new visualizations, begins rolling out to early access members
- Tesla secures $1.4B debt facility in China
- Rivian completes another capital raise
- BMW reportedly under SEC investigation
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Ludicrous producer Vincent Smith
Executive producer Rob Gill
Executive producer Rish Singh
Executive producer Nick Wood
Executive producer Fela Winkelmolen
Executive producer Troy Cherasaro
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey, 2019 edition of Tesla Daily on Official Tesla Podcast. My name is Rob Maower. Today we were talking |
| 0:15.1 | about Tesla's most recent firmware update including some of the features that Elon had previously |
| 0:19.7 | referred to, a new $1.4 billion debt debt facility for Tesla and a major investment in Rivian. |
| 0:26.6 | Tesla stock on the day today another strong day finishing up 3.4% to |
| 0:31.8 | $4.19.22, which compared to the NASDAQ up 0.2%. Of course at times today |
| 0:38.6 | Tesla did cross the infamous $420 per share price level, a level that became noteworthy due to Elon's funding secured |
| 0:46.2 | tweets last August. |
| 0:48.5 | So Elon having a bit of fun on Twitter today saying, quote, whoa, the stock price is so high, |
| 0:53.7 | L-O-L-L-O-L, end quote. |
| 0:55.2 | I had pointed out that that $420 level may be a bit of a barrier due to that tweet, |
| 0:59.9 | and it looks like that came to fruition today. |
| 1:02.0 | The other level that could have been a bit of a psychological barrier |
| 1:04.6 | was that $400 level, and Tesla blew right through that. |
| 1:08.6 | So I wouldn't be terribly surprised to see this be a short hang up as well, |
| 1:12.4 | but we do have a couple of weird sort of trading days here. |
| 1:14.8 | The markets close early tomorrow, 1 PM Eastern time, or Christmas Eve, and then the day after, |
| 1:20.6 | the markets will be closed for Christmas day, reopening on Thursday. |
| 1:24.7 | I think that midweek closed just adds even more intrigue to the trading that we're seeing |
| 1:29.2 | happening with Tesla right now. It's certainly very interesting. And all of a sudden we are now within basically |
| 1:36.1 | less than a normal trading week number of days before we should get the Q4 |
| 1:40.9 | delivery and production numbers. |
| 1:42.8 | That should happen either on January 2nd or January 3rd, |
... |
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