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🗓️ 8 October 2021
⏱️ 13 minutes
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➤ Rob Maurer's reaction and recap following Tesla's 2021 annual shareholder meeting
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Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Jeffrey Yu
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 | Let's talk about the meeting so obviously nothing too groundbreaking you know |
0:13.5 | I'll probably need to scroll through my notes here but just like off the off the |
0:16.9 | top of my head I don't think we got like a whole lot of new information I'm |
0:21.8 | just gonna kind of go to the top of the list here and we'll see if anything |
0:24.8 | kind of sticks out if this is your first shareholder meeting that's the opening |
0:29.5 | there is pretty normal it was kind of interesting that it sounds like three |
0:32.7 | different proposed items went against Tesla's board recommendation and it |
0:37.1 | sounds like that was just a matter of not enough shareholders voting it sounded |
0:41.7 | like most shareholders that did vote did go with the board recommendation but not |
0:45.9 | enough shareholders voted for that to work out so just a reminder for next |
0:50.3 | year definitely make sure to vote your shares yeah so you want again talking |
0:57.7 | about the chip shortage continues to be a problem in the industry it's not |
1:01.8 | just being you know it's not just to some extent it might be an excuse for |
1:06.7 | other automakers but at the same time it's it's also not just made up so we've |
1:11.1 | talked plenty about that model why best selling vehicle by revenue next year is |
1:17.5 | what Elon said and then by unit in 2023 so he's reiterating that but |
1:23.3 | obviously that's dependent on Berlin and Austin which Elon said it takes |
1:28.7 | about a year for a factory to get up to volume production that's what we saw |
1:31.9 | in Shanghai so as we're thinking about Berlin and Austin next year we can you |
1:37.2 | know based on what you once had here we can use Shanghai as probably a good |
1:40.3 | proxy for how those ramps are gonna go cyber truck that's not in this part of |
1:46.1 | the note but it did sound like kind of start a production later next year I |
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