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Tesla Daily: Tesla News & Analysis

Goldman Sachs AI Day Expectations, Bernstein Price Target, China Relations, DeMuro Plaid Review (08.17.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

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

4.81.1K Ratings

🗓️ 18 August 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

➤ Goldman Sachs issues updated TSLA note detailing their expectations for Tesla’s AI Day
➤ Bernstein increases TSLA price target
➤ Elon Musk trial wraps up testimonials
➤ Tesla China continues to expand public relations team
➤ Doug DeMuro reviews Tesla Model S Plaid
➤ Elon Musk comments on humanoids

Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
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Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Jeffrey Yu
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, now we're here and today we're gonna be talking about a couple of

0:10.9

analyst updates, one from Goldman Sachs about their expectations for AI Day.

0:15.7

I always think those are kind of helpful just to get a sense of what institutions are

0:19.0

expecting for events like that.

0:20.7

Then we've also got a bit of an update on that Elon Musk solar city trial, some news

0:24.3

out of China and a couple other stories as well.

0:26.9

Bit of a tougher day for Tesla again today, though the stock did recover some in the

0:30.0

afternoon, ended up finishing down about 3% to $665.71.

0:35.3

The NASDAQ was also down today, 910th of a percent.

0:38.5

So I know it feels like a rough week for Tesla, but it's been kind of a rough week for

0:41.4

all automakers.

0:42.7

Looking at a handful here, you can see GM down 6, Ford and Stellantis down about 4.5%,

0:47.5

Volkswagen and Neo down 7%, Xpeng down 6%, Average across the board of those down 6%.

0:53.0

So Tesla's been a little bit worse, but not really all that much, especially given the

0:56.7

context of the NDSA investigation.

0:59.1

As the interest from that fades from earlier this week, everyone is going to be turning

1:02.3

their attention to AI Day, of course scheduled for this Thursday.

1:05.5

That'll be 5pm Pacific time, 8pm Eastern time.

1:08.6

I do believe Tesla intends to live stream it, we don't have those details yet, but I think

1:12.1

Elon had previously said that they would, though I can't find that tweet at the moment.

1:15.9

I'd be shocked if they didn't, and I'll also plan on live streaming it as well.

1:19.8

So as I mentioned, Goldman Sachs last night put out a note with their expectations for

...

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