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Tesla Daily: Tesla News & Analysis

Giga Berlin Updates, Cybertruck Tested by Top Gear, Cruise Details (11.03.23)

Tesla Daily: Tesla News & Analysis

Rob Maurer

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

4.81.1K Ratings

🗓️ 4 November 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

➤ Elon Musk talks with employees at Giga Berlin
➤ Top Gear spotted testing Cybertruck in California
➤ EPA holds EV promo contest
➤ Cruise reportedly considering layoffs
➤ xAI initial product rollout
➤ Calendar

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Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
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 Meyer here happy

0:08.9

happy Friday today we have some new updates on a gig in Berlin and we also have some new test videos of Cyber Truck, a little bit of new

0:15.3

Insight on GM's crews and the situation that they're in right now and a couple

0:19.0

other items as well. Overall though, pretty quiet news day should be another

0:22.2

pretty quick one today.

0:24.0

Tesla up two-thirds of a percent on the day to close the week at $219.96, while the Nasdac was up

0:30.0

1.4 percent on the day today.

0:32.0

So a bit of an underperformance for Tesla and really a strong run here for the NASDAQ. Actually the best five day streak, so best week for the NASDAQ since January. So it follows a couple, you know, we had a couple of periods last week where we had a couple of poor two-day stretches for the NASDAQ, but it has rebounded quite strongly.

0:50.0

So the trend that we've seen for Tesla over the last few days I think mostly

0:54.0

Macro driven as much as I would love that it was driven more by Tesla that seems to be the case

0:59.1

Right getting into the updates on gigaburlin, Elon posted on X that he's at gigberlin today to congratulate the team on Giggiburlin. Elon posted on X that he's at Giggiburlin today to

1:03.8

congratulate the team on their excellent progress. The factory looks amazing.

1:07.6

We're going to cover all the concrete with art. So we've seen a little bit of that

1:11.4

already at Giggiburlin, but more interestingly we've seen a little bit of that already at Giggibourlin, but more interestingly, we also got a report from

1:16.0

G.F. 4 Tesla on X that Elon at the visit today announced that Giggour Berlin will be building a

1:22.0

25,000 euro roughly 26,000 Tesla at

1:26.6

Giga Berlin. So this is just being reported by this account. We don't know if

1:31.2

this is verified or not. There are a lot of

1:33.7

outlets picking this up today, but most of it all just, I guess all of it seems to

1:37.4

just come back to this sole post. So worth keeping that in mind. That being

1:41.5

said, I don't find the surprising at all. I kind of always

1:44.4

assume that this would be the case. If we look at where Gigablin is at right now,

...

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