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Tesla Daily: Tesla News & Analysis

Model S/X Priced to Reflect Savings, UBS Report on Battery Cost, Upcoming Musk Interview on HBO (11.21.18)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tsla, Model3, Technology, News, Tesla, Investing, Tech News, Modely, Business, Models, Modelx

4.81.1K Ratings

🗓️ 22 November 2018

⏱️ 5 minutes

🧾️ Download transcript

Summary

– Tesla has adjusted the listed pricing for Model S and X to reflect tax and fuel savings
– UBS releases report on battery costs
– Elon Musk interview to be featured on HBO’s Axios on Sunday, 11/25 at 6:30 PM EST/PST
– Happy Thanksgiving!

Links:
Email > [email protected]
Twitter > @teslapodcast
Patreon > patreon.com/tesladailypodcast

Executive producer Jerome Jorden
Executive producer Rob Gill
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock

The post Model S/X Priced to Reflect Savings, UBS Report on Battery Cost, Upcoming Musk Interview on HBO (11.21.18) appeared first on TechCast Daily.

Transcript

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0:00.0

Hello and welcome to the Wednesday November 21st 2018 edition of Tesla Daily on

0:11.8

official Tesla Podcast.

0:13.0

My name is Rob Maower.

0:14.0

Sorry for missing yesterday's episode.

0:16.0

I've come down with a bit of a cold here heading into Thanksgiving.

0:19.0

Good of time as any, I suppose.

0:21.0

So I'm going to keep this super short but Tesla stock on the day

0:23.7

finishing down 2.68 percent kind of a tougher day with the NASDAQ actually

0:27.9

being up 0.92 percent it was a relatively low volume day for Tesla, 4.8 million shares trading hands.

0:34.0

That's about half the average daily volume.

0:36.2

Makes sense heading into the Thanksgiving holiday.

0:38.7

As a reminder, the markets will be closed tomorrow, the 22nd, and they close early at 1 p.m. Eastern time on Friday the 23rd.

0:46.3

There are only three quick things that I wanted to mention today, the first of which Tesla

0:50.0

has adjusted their customer facing pricing for Model S and model X to now match what they've

0:55.1

been doing with model 3 and what they have done at times in the past for S&X as well, which

1:00.0

is to include the estimated savings from the federal tax credit as well as fuel savings.

1:05.7

For the model S for example, that means the starting price that they're listing is $65,000 versus

1:10.2

the actual price that you have to pay for the vehicle before any of those savings of $78,000.

1:15.5

There are definitely arguments on both sides.

1:17.2

On one hand, this does allow for a better understanding

1:20.7

from the customer of truly what the actual total cost of ownership of that vehicle is going to be relative to an internal

1:27.0

combustion engine vehicle. But on the other hand, it is a little bit misleading. Not everybody qualifies for the full federal tax credit and fuel savings are

...

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