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Tesla Daily: Tesla News & Analysis

Inflation Outlook, Tesla's Speed, Analyst Updates, Factory News, China, Volkswagen (01.12.22)

Tesla Daily: Tesla News & Analysis

Rob Maurer

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

4.81.1K Ratings

🗓️ 13 January 2022

⏱️ 13 minutes

🧾️ Download transcript

Summary

➤ Tesla puts one of their main competitive advantages on display
➤ Discussing US inflation report and near-term outlook
➤ Analyst updates from Morgan Stanley and Global Equities Research
➤ Brandenburg Economic Minister Jörg Steinbach comments on Giga Berlin water supply case and factory approval
➤ Update on Giga Texas
➤ More information on China sales
➤ Volkswagen reports full-year EV sales
➤ Tesla adjusts Model X Plaid options
➤ Elon Musk comments on Tesla in India
➤ Tesla schedules Q4 earnings report

Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283

Plaid producer Who Why
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 we're up now we're here and today we're going to be talking a little bit

0:10.4

about the macro environment and inflation, we've also got an update on Tesla's cold weather

0:14.4

performance, those issues that we've been talking about over the last couple of days.

0:17.4

New notes from Morgan Stanley and Global Equities, updates on Berlin, Texas, China, and

0:22.5

more.

0:23.5

Finally some overperformance here for Tesla stock, finishing up almost 4% on the day to

0:27.7

$1,106, 22 cents while the NASDAQ was only up to 10th of a percent, even though it was

0:32.7

up quite a bit higher this morning, after inflation data did come out.

0:36.9

Like with many of these reports or events, my speculation here is that the market is reacting

0:40.8

positively mostly due to the removed uncertainty kind of getting through that potential downside

0:45.7

event, because in this case the CPI consumer price index data came in pretty much right

0:50.1

in line with expectations, increasing 7% year over year, 7.0%, and rising half a percent

0:55.8

month over month, so from where the index was at in November.

0:59.9

These are really high inflation rates and this is going to continue to be a hot topic

1:03.3

of conversation, so I wanted to spend just a minute here talking about how this might

1:07.1

play out over the next few months.

1:09.1

As you can see, the inflation rates year over year have continued to increase now up

1:12.7

to the 7% level from December year over year, but it does seem like maybe it's starting

1:17.8

to top out a little bit, and looking at the month over month changes this half a percent

1:21.7

for December, that is down a bit from the rates from October and November, which increased

1:26.4

at 9.10% and 8.10% of a percent.

1:29.5

So inflation is still increasing, but at a little bit slower over rate, so that month over

...

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