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Tesla Daily: Tesla News & Analysis

Further Discussion on Standard Model 3, Filling in the Blanks, Bond Repayment (03.01.19)

Tesla Daily: Tesla News & Analysis

Rob Maurer

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

4.8 β€’ 1.1K Ratings

πŸ—“οΈ 2 March 2019

⏱️ 14 minutes

🧾️ Download transcript

Summary

– Continuing the discussion on the impact of the standard range Model 3 and filling in the blanks from the audio cuts on the prior episode
– Tesla pays off convertible bond debt
– Elon emails employees about store closings

Links:
Email > [email protected]
Twitter > @teslapodcast
Patreon > patreon.com/tesladailypodcast

Executive producer Jerome Jorden
Executive producer Rob Gill
Executive producer Rish Singh
Executive producer Jeremy Cooke
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

The post Further Discussion on Standard Model 3, Filling in the Blanks, Bond Repayment (03.01.19) appeared first on TechCast Daily.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to the Friday March 1st 2019 in addition of Tesla daily on

0:11.5

official Tesla podcast. My name is Rob

0:13.7

Maower first off apologies for the episode yesterday towards the end cutting out

0:17.4

and then entirely shutting off. That is an issue on my end and not your end. I

0:21.7

don't know why it's happening but for some reason

0:24.3

when I'm exporting the recording it seems to be corrupting parts of the file and most of

0:29.2

the time I'm not even able to get those back on my computer so I'm trying to

0:32.2

figure that out but please just bear with me in the meantime.

0:34.8

Trust me, it's way more frustrating to me than anybody else. I think what I was talking about when it started cutting out was a call that

0:41.4

Elon had either with media or investment analysts after the

0:45.6

model three updates yesterday.

0:47.2

On that call he did say cautiously that they are targeting to produce 350,000 to 500,000 model 3s and 70,000 to 100,000

0:55.8

model S and X for the year in 2019.

0:59.1

So that means that would put the guidance at 420,000 to 600,000 for the year.

1:03.7

That is much higher with a midpoint at 510,000

1:07.0

than the Q4 shareholder letter guidance was

1:09.4

at 360,000 to 400,000 vehicles

1:11.7

for the year midpoint at 380,000.

1:14.1

So previously when Elon had discussed 350,000 to 500,000 model 3s for the year on the conference

1:19.3

call, I thought at that time it didn't really make much sense given the guidance and how they laid out their production

1:24.3

plans for the year in the shareholder letter. I still don't really fully understand it to be honest but it does look

1:29.2

like Tesla has more aggressive production plans than they had previously laid out.

...

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