Global Auto Rankings, Shanghai, Inventory, Pricing, India, Norway, BYD (06.01.23)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 2 June 2023
⏱️ 12 minutes
🧾️ Download transcript
Summary
➤ Tesla rated as number one global automaker in ICCT research report
➤ Tesla publishes conflict minerals report
➤ Elon Musk returns from China
➤ Tesla adjusts inventory discounts as some levels increase
➤ Report on Tesla and India discussions
➤ Model Y dominates Norway market
➤ Giga Texas satellite view
➤ BYD delivers strong sales in May
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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
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| 0:00.0 | Hey everybody, we're out of malware here, and today we're going to be talking about |
| 0:10.3 | a new research report from the ICCT on the Outamount of Industry and each brand's transition |
| 0:15.4 | to sustainable energy. |
| 0:16.4 | We've got new updates on Tesla and China and India, updates on inventory and pricing |
| 0:21.0 | and a few other items as well. |
| 0:23.0 | Another pretty nice day for Tesla's stock today, finishing up 1 and 3-quarters percent |
| 0:26.2 | to close at $207.52, while the NASDAQ was up 1 and 1-quarter percent. |
| 0:31.4 | Of course, late yesterday the house did pass unsurprisingly, a bill on the ever-looming |
| 0:35.9 | debt ceiling that now goes over to the Senate. |
| 0:38.6 | That needs to be passed by Monday, which I'm sure it will be, but always creates a little |
| 0:42.6 | bit of a circus as things move in that direction, so maybe a little bit of relief in the market |
| 0:47.0 | today from that passing in the house. |
| 0:49.4 | We do have a new SEC filing from Tesla today, this is their conflict minerals report. |
| 0:54.1 | A lot of what Tesla is doing here is covered in the Impact Report, which we have already |
| 0:57.1 | talked about, but if you do want to review that, that is now available. |
| 1:00.6 | Alright, we'll start off with China, as we have talked about the last couple of days |
| 1:03.9 | Elon has been visiting that visit is now wrapped up, I believe Elon has returned to the |
| 1:08.6 | US. |
| 1:09.6 | So like we had talked about yesterday, being a bit of a long shot despite the reporting, |
| 1:13.0 | looks like no unveiling or teaser or anything early glimpse, or whatever the report was, |
| 1:17.6 | poor project highland, most likely something lost in translation or poor reporting or poor |
| 1:21.8 | phrasing. |
... |
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