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Tesla Daily: Tesla News & Analysis

Highland Production, Lease Pricing, Employer Rankings, API, Auto Prices (10.12.23)

Tesla Daily: Tesla News & Analysis

Rob Maurer

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

4.81.1K Ratings

🗓️ 13 October 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

➤ New data shows good news for Tesla production
➤ CPI data
➤ China updates
➤ Tesla lowers lease pricing
➤ Tesla publishes API documentation
➤ Universum releases global employer rankings
➤ Giga Berlin reportedly plans wage increases
➤ Report on SEC complaint
➤ Market data from KBB
➤ Ford comments on UAW actions
➤ Kia shares EV9 EPA ranges
➤ Starlink shipping company agreement

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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 Bauer here, and today we've got a pretty big update on the Projects Highland

0:11.3

Model 3.

0:12.3

We've also got new leasing prices from Tesla, updates on Tesla APIs, employer rankings,

0:17.3

and more.

0:18.3

Quick look at the stock Tesla today down 1.6% closing at $258.87, while the NASDAQ was

0:23.8

down 6.10% of a percent on the day.

0:26.2

We did get the CPI Consumer Price Index report this morning.

0:29.2

Came in a little bit higher than expected, not as high as the PPI over expectations, with

0:33.2

headline data increasing 4.10% of a percent, month or month versus 3.10% of a percent

0:37.2

expectations, core in line at 3.10% for both.

0:41.2

The CME Group FedWatch tool largely unchanged today, showing just a very slight increase

0:45.6

in expectations for increased rates, but nothing too significant, so we're now through

0:49.4

the PPI and CPI reports before the FOMC meeting on November 1st.

0:53.8

Alright, I want to start off today with updated numbers from China.

0:56.8

We finally got that production number for September, so of course we've already talked

1:00.1

about worldwide production and deliveries, but we've been waiting for this number because

1:03.6

this gives us insight on Tesla's production rate for Project Highland during the month

1:07.7

of September.

1:08.7

Remember, that was announced September 1st in China, the design studio was updated to

1:12.2

all this good stuff.

1:13.4

It wouldn't make a lot of sense to do all that, and then still continue to produce the

1:17.0

old Model 3, so presumably the entire production number we're looking at here is updated

...

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