Hey everybody, we're up and we're here and today we've got a major 4680 battery production

update.

We've also got a new product introduced by Tesla wraps for vehicles, take a look at those.

We've got a business unit sale and a few other items as well.

Looking at the stock, Tesla down about a quarter percent today, closing at $262.99, the NASDAQ

pretty nice day, up seven tenths of a percent and that was despite the the producer price index

or PPI report coming in a little bit higher than expectations this morning.

So from Bloomberg, we can see the recap here.

The producer price index headline number was up half a percent month of a month versus

expectations of about three tenths of a percent and core, so excluding food and energy,

that was up three tenths of a percent versus expectations of about two tenths of a percent.

So with being a little bit higher normally, you'd expect maybe a little bit of a subdued

reaction with the market as that could lead to higher interest rates later on if PPI stays

a little bit higher.

Obviously, these aren't really too far outside of the range, but still would like to see them

probably coming down a little bit further.

Anyway, if we look at the CME Group's Fedwatch tool, we can see that actually over the last

day and over the last week, certainly expectations for a continuation of paused interest rates

at the next FOMC meeting in November have actually increased.

So despite the higher PPI results, still more market expectations for rates to stay the

same.

So what seems to be going on here is just based on some recent Fed commentary, as we can

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