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Tesla Daily: Tesla News & Analysis

Giga Berlin Timeline Confirmed, China Design, Semi, Musk Thanks Suppliers, Macro News (04.08.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 9 April 2021

⏱️ 12 minutes

🧾️ Download transcript

Summary

➤ Tesla voices frustration with German approval processes in a letter which confirms operational timeline target
➤ Tesla creates social media “ad” for China Design studio
➤ Tesla Semi may be perfect vehicle for logging operation in Canada
➤ Elon Musk thanks Tesla’s suppliers for providing critical parts
➤ US Secretary of Transportation comments on Tesla interaction, infrastructure plan
➤ Biden tax proposal may eliminate some fossil fuel subsidies
➤ Panasonic discusses 4680 battery cells
➤ SpaceX Starship update

Twitter: https://www.twitter.com/teslapodcast
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Executive producer Jeremy Cooke
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Executive producer Bradford Ferguson
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Executive producer Jeff Sheets
Executive producer Jessie Chimni
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 Mauer here, and today we've got some news on Gigaburlin, some interesting

0:11.6

marketing happening in China, news on the Tesla semi, Elon tweeting about suppliers,

0:16.0

some macro news with Tesla actually being mentioned by the government that's a rarity,

0:19.8

and a couple other things as well.

0:21.9

It was another really low volume day for Tesla stock today about 23 million shares trading

0:25.8

hands, depending on how after hours volume looks, this might be the lowest volume day since

0:29.8

mid-February.

0:30.8

Nevertheless, Tesla did finish up 1.9% today, to $683.80, that compared to the NASDAQ,

0:37.2

up 1%.

0:38.2

Alright, first up today we've got news on Gigaburlin, I think Bloomberg was the first

0:41.6

to report on this, but some other outlets have as well.

0:44.4

Tesla has reportedly sent a letter to Germany complaining about the lengthy approval process

0:48.5

for the Berlin factory, noting that Tesla has quote, learned firsthand that obstacles in

0:53.2

Germany's approval processes are slowing down the necessary industrial transformation.

0:57.8

This discourages necessary investments in clean energy projects and infrastructure,

1:01.7

and makes it practically impossible for Germany to achieve its climate goals.

1:05.2

End quote.

1:06.2

So Tesla clearly a little bit frustrated here, I'm sure this has been a stark contrast

1:09.7

to their experience in Shanghai, probably not entirely unexpectedly, but they did say

1:14.4

it's particularly irritating, according to Bloomberg, that they don't even have a timeline

1:18.5

yet for final approval.

1:20.5

Bloomberg did receive a comment back on this report from a spokeswoman for Brandenburg's

...

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