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Tesla Daily: Tesla News & Analysis

Leaked Email, China Insured Vehicles, Shanghai Production, Australia Orders, AI Day, Hertz (09.27.22)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 28 September 2022

⏱️ 14 minutes

🧾️ Download transcript

Summary

➤ Leaked email from Tesla management ahead of quarter end
➤ Insured Tesla vehicle report bounces back in China
➤ Reuters reports on Tesla production rates in Shanghai
➤ Reports of delivery windows moving up in Australia
➤ AI Day updates
➤ Treasury Department comments on EV tax credit
➤ Hertz comments on Tesla rentals, partners with BP

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Patreon: https://www.patreon.com/tesladailypodcast
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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, we're off-mower here and today we're going to be talking about leaked email

0:11.0

for Tesla employees ahead of quarter-end.

0:13.3

We've also got new insurance data out of China, another report on China production.

0:17.1

We've got a couple of updates on AI days, some news on the inflation reduction act and

0:21.0

EV tax credit, and a couple of other items as well.

0:24.0

Kind of a volatile day in the market today, most of that volatility seemed to come more

0:27.1

from James Bollard's comments he is on the FOMC, the president of the Federal Reserve

0:31.0

Bank of St. Louis versus Fed Chairman Jerome Powell's comments today.

0:34.8

The market tends to not react super positively to his comments in general, but still a strong

0:39.1

finish for Tesla up 2.5% on the day to close at $282.94 with a NASDAQ did end up quarter

0:45.2

percent after being up nearly 2% earlier in the morning.

0:48.6

Alright, we're starting off here with a familiar quarter-end story.

0:51.4

This is another leaked email from Tesla's management to Tesla employees ahead of the delivery

0:56.1

push for quarter-end.

0:57.8

The story comes from electric, unfortunately they did not publish the entire email, but

1:01.2

they say Tesla management wrote in an email to employees obtained by electric that quote,

1:05.6

we will be delivering a very high volume of vehicles to eagerly waiting customers during

1:09.6

the final days of Q3 to help ensure we can delight as many customers as possible.

1:14.3

The delivery team is requesting additional support with key delivery execution tasks,

1:18.4

end quote.

1:19.4

Electric continues on to say that in the email Tesla has requested that all employees,

1:22.9

in those that are not working in sales or delivery, help with the tasks of delivering

...

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