4.8 • 1.1K Ratings
🗓️ 12 August 2021
⏱️ 11 minutes
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Live episode of Tesla Daily for Thursday, August 12
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0:00.0 | So, made it just fine. Not my normal setup here. I'm going live right now on my phone. |
0:06.8 | I do have a microphone there, but I'm not entirely sure that it is working. |
0:11.0 | Sounds like it's working okay. So, unfortunately, I don't have anything connected to my laptop. |
0:15.1 | I do have my laptop here that I'm going to go through my notes and just some of the news on. |
0:19.9 | For those of you that are audio listeners, I do apologize. I'm sure the audio quality here is not |
0:23.6 | going to be quite up to par. But we'll do our best to get through this and I appreciate you guys |
0:28.3 | having some flexibility with me this week. So, let's get into it. Tesla today, a pretty |
0:34.7 | strong day, finishing up 2%. Even though the NASDAQ was only up about a third of a percent, |
0:39.3 | Tesla closing at $722.25. That compared obviously to the NASDAQ up about a third. |
0:45.7 | You can see my habits right there from recording. But one thing that I didn't think was interesting |
0:51.0 | to that just point out, we've been talking a little bit about volume over the last few days, |
0:55.1 | or the last couple of weeks I guess. And yesterday, we didn't talk about it because I recorded |
0:59.1 | a little bit before market closed. But yesterday was the lowest volume day in a couple of years, |
1:03.3 | about 9.7 million shares traded. So, super, super low volume yesterday. Today that did spike back up. |
1:10.7 | So, the largest volume we've seen in a couple of weeks today. So, some people have asked why |
1:17.6 | talk about the volume. And it's really just to get a sense of how much interest there is in the |
1:23.1 | stock at that point in time. I think when there's low volume, which is kind of a little bit in the |
1:26.7 | doldrums, I think the rest of my friends are coming back right now. So, we might have a bit of an |
1:33.2 | interruption here. Sorry, guys. Just give me one second. We're doing it live. This is what happens. |
1:42.7 | Okay. So, also on the stock, a couple of things here. We have a price target increase from UBS. |
1:48.6 | They've up their price target to $725 up from $660. So, I'm sure that helped the stock a little bit |
1:55.2 | today. And then the other thing, which is also in the title of the episode today, is we did have a |
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