Mining Exec Highlights Tesla's Lead, Important Nickel Contract, Defense Act, Giga Shanghai, Credit Suisse (03.30.22)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 31 March 2022
⏱️ 12 minutes
🧾️ Download transcript
Summary
➤ Mining executive talks about Tesla’s materials advantage
➤ Tesla reportedly closes on supply contract with major nickel producer
➤ President Biden reportedly considering Defense Production Act as soon as this week
➤ Lockdowns continue in Shanghai, impacting Tesla supplier
➤ Credit Suisse issues note ahead of delivery and production report
➤ Gene Munster discusses Tesla’s advantages on CNBC
Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283
Plaid producer Who Why
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
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey everybody Rob Mauer here and today we're talking about a few updates within the supply |
| 0:11.1 | chain we've got news of a new nickel contract for Tesla also updates out of China. |
| 0:15.4 | We got new note from Credit Suisse ahead of Tesla's Q1 delivery and production report |
| 0:19.0 | this weekend and a couple other items as well. |
| 0:21.6 | Red Day in the markets today but not a bad performance for Tesla just finishing down |
| 0:24.6 | 1.5% to $1093.99 while the NASDAQ was down 1.2%, fairing significantly worse than |
| 0:30.9 | the Dow in the S&P. |
| 0:31.9 | Generally that's going to be a much tougher environment for a high growth stock like |
| 0:35.0 | Tesla so pretty solid over performance on the day. |
| 0:38.0 | That said it was a relatively low volume day for Tesla today about 20 million shares traded. |
| 0:42.2 | That was the lowest volume in almost 3 weeks. |
| 0:44.7 | Alright so the big news for today is in the supply chain we've got a report from Bloomberg |
| 0:48.4 | today that Tesla has agreed to a quote multi-year supply deal with mining giant Valet S.A. |
| 0:54.2 | The agreement which hasn't been announced covers Nickel from Canada according to people |
| 0:57.5 | familiar with the matter who ask not to be named discussing private details. |
| 1:01.1 | End quote |
| 1:02.1 | We've talked about Valet before they are one of the largest nickel producers in the |
| 1:05.0 | world. |
| 1:06.0 | Statista has them at number 2 producing about 170,000 metric tons in 2020 and Valet |
| 1:10.7 | themselves on their website claims to be the largest producer in the world as for their |
| 1:14.9 | operations in Canada which this report from Bloomberg specifically references they say |
| 1:18.8 | that each year in Canada they produce about 65,000 metric tons of nickel. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Rob Maurer, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Rob Maurer and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.