4.8 • 1.1K Ratings
🗓️ 9 January 2024
⏱️ 14 minutes
🧾️ Download transcript
➤ Tesla reduces EPA range estimates due to new interpretations guidance
➤ Argus selects TSLA stock amongst top picks for 2024
➤ Tesla changes Model Y paint options in North America
➤ Samsung announces Tesla API integration
➤ IF Metall suggests strike resolution
➤ Pharrell Williams spotted in Cybertruck
➤ Autopilot update rolls out in China
➤ Musk teases new products
➤ Calendar
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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
Disclosure: Rob Maurer is long TSLA stock & derivatives
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0:00.0 | Hey everybody Rob now we're here. Happy Friday today we've got updates on the |
0:10.9 | ranges that are listed on Tesla vehicles on their website. We've also got a |
0:15.0 | partnership with Samsung, some news on paint colors for the Model Y and a couple other items |
0:21.8 | as well. |
0:23.0 | All right looking at the stock, sorry, just refresh my memory there. |
0:26.5 | Looking at the stock tussled down two tenths of a percent a day to $237.50, |
0:31.0 | 49 cents, the Nasdaq with its first green day of the year this year, |
0:36.4 | with a finish up one tenth of a percent on the day today. |
0:39.6 | So relatively little movement for both the broader markets and for Tesla on the day. |
0:44.4 | We'll start off with an analyst update. Argus has indicated that Tesla is one of their |
0:49.1 | hot picks for stocks for 2024. You can see that this is a pretty extensive list and across a number of different sectors, but in the consumer discretionary |
0:57.0 | sector, Tesla, being one of their top picks here. They do have a |
1:04.0 | 316 dollar price target on the stock and they highlighted Tesla's |
1:08.0 | growing dependence on artificial intelligence in their manufacturing |
1:10.9 | process and factory utilization, which they feel is given Tesla a significant |
1:14.7 | competitive advantage. |
1:16.2 | They also point out that Tesla with things like full self-driving, battery cell production, |
1:21.0 | and AI-enabled robots, becoming a future part, a bigger part of the future at Tesla, and with other |
1:27.4 | electric vehicle makers struggling to right-size their future capital expenditure budgets |
1:32.1 | for EVs, They believe that |
1:33.7 | Tesla has the opportunity to grow market share in 2024. So nice to see that from |
1:38.9 | Argus and actually interesting that they highlighted the AI role in |
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