Mid-Range Model 3 Removed, Model Y & TSLA (03.18.19)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 19 March 2019
⏱️ 8 minutes
🧾️ Download transcript
Summary
– Tesla removes mid-range Model 3 from the US design studio
– More discussion on Model Y and the current reaction by the market
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Disclosure: Rob Maurer is long TSLA stock & derivatives
The post Mid-Range Model 3 Removed, Model Y & TSLA (03.18.19) appeared first on TechCast Daily.
Transcript
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| 0:00.0 | Hello and welcome to the Monday, March 18th, 2019 edition of Tesla Daily on |
| 0:11.6 | official Tesla Podcast. |
| 0:13.5 | My name is Rob Maower. |
| 0:14.2 | Today we are talking about the Mid Range Model 3, |
| 0:17.1 | which Tesla has removed from its design studio, |
| 0:19.5 | and a little bit more about Model Y. |
| 0:21.2 | Excited to be back on the podcast, back on what's hopefully a normal schedule this week. |
| 0:25.0 | Today will be a little bit brief. |
| 0:26.4 | My flight didn't get it until basically 3 in the morning last night. |
| 0:29.9 | So I've got a little sleep to catch up on tonight, not to mention a lot of reading to do about |
| 0:34.8 | model Y and people's thoughts and opinions and kind of all the reactions out there so far. |
| 0:40.1 | So we'll get into that a little bit today. |
| 0:41.6 | Obviously we'll keep talking about it in the future as well. |
| 0:44.2 | But Wall Street's reaction thus far, |
| 0:46.3 | I think very unsurprisingly has been pretty negative. |
| 0:49.6 | Tesla stock again down today about 2.16% to $ 269.49. |
| 0:55.0 | This compared to the NASDAQ, which was up on the day, 0.34%. |
| 0:59.8 | Now that reaction to me is unsurprising because I think Wall Street's biggest concern with |
| 1:03.7 | Tesla right now is whether or not there is sustainable demand for the Model 3 and if Tesla can |
| 1:09.0 | fulfill that demand while operating at a profitable level. |
| 1:12.6 | Those are two huge questions. |
| 1:14.8 | They're existential questions. |
... |
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