4.8 • 1.1K Ratings
🗓️ 22 November 2023
⏱️ 10 minutes
🧾️ Download transcript
➤ Tesla reportedly closing in on agreement relating to next factory
➤ Indonesia comments on investment plans
➤ Tesla raises Model Y price in China
➤ China sales update
➤ FSD update
➤ Cybertruck on display on more stores
➤ Supercharger idle fee adjustment
➤ Ford announces updated battery factory plans
➤ Binance CEO steps down
➤ Calendar
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Executive producer Jeremy Cooke
Executive producer Troy Cher asaro
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
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0:00.0 | Thank you. |
0:03.0 | Thank you. |
0:07.0 | Hey everybody, Rob Ma'er, and today we've got a handful of international updates for Tesla, |
0:11.6 | including from India, Indonesia, and China. |
0:13.6 | We've also got some more news on Cyber Truck and FSD and a few other items as well. |
0:17.2 | Nice day for Tesla stock today after the underperformance yesterday. |
0:20.4 | Tesla finishing up 2.4% to close at $241.20 |
0:24.4 | Well, the Nasdaq was actually down 6. |
0:25.9 | of a percent on the day today. |
0:28.3 | All right, we'll start off with an update from Bloomberg |
0:30.2 | on the ongoing negotiations between Tesla and India. |
0:33.4 | Of course, we've talked a lot about this over the past six to 12 months. |
0:36.6 | Remember back in June, Elon said, I am confident that Tesla will be in India and |
0:40.4 | will do so as soon as humanly possible. So the Bloomberg report today says that, |
0:44.0 | that, quote, India is closing in on an agreement with Tesla Inc. |
0:47.0 | that would allow the U.S. automaker to ship its electric cars to the country |
0:50.0 | from next year and set up a factory within two years according to people familiar |
0:54.4 | with the Indian government's thinking." This follows a couple of recent reports |
0:58.4 | that India is strongly considering lowering import tariffs for electric vehicles. That would allow a much more |
1:04.2 | feasible path for Tesla to begin building their business in India |
1:06.9 | before having to commit to something to the extent of domestic vehicle production |
1:10.8 | with a factory in India. So that would be the adjustment that we would be looking for that would allow Tesla to start |
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