Hey everybody, Rob Maurer here and today we are going to be talking about some rumors

out of China on the Highland Model 3.

We also have updated wholesale sales numbers, some news on 3 months and a couple other

items as well.

Strong out performance for Tesla on the day to day finishing up 2% to close at $259.32

while the NASDAQ was down a 10th of a percent on the day.

Some interesting after hours, we did have reports from Amazon and Apple.

Both actually beat earnings expectations, so at least after the initial report now,

Amazon is up pretty significantly after hours on a more significant beat.

Apple with a smaller beat their stock is actually down a bit after hours.

That tapered off a little bit of the initial enthusiasm that the overall market reflected

after Amazon's report, but as always these will take time to digest and there's always

going to be the concern with stronger earnings that, oh, maybe the Fed can then justify

for the rate increases a little bit more.

So it's just kind of a flavor of the day situation, but we are now through two more of the

MegaCap earnings reports.

Alright, getting into Tesla news, we've got a couple of items from China.

We'll start with wholesale sales.

These have now been reported for July, about 64,300 for the month, remember wholesale sales

representing both retail or domestic sales and exports for that month.

This is down about 30% month over month.

It is the lowest number for Tesla so far this year, but it's also coming off the highest

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