Model Y Long Range Will Surprise, Coronavirus Cases, China Rumors, Giga Texas, BMW iX3 (07.14.20)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 15 July 2020
⏱️ 13 minutes
🧾️ Download transcript
Summary
➤ As coronavirus cases continue to rise, California begins increasing restrictions and places Alameda County on monitoring list
➤ Electrek reports on Tesla’s internal coronavirus tracking data
➤ Tesla VP Tao Lin reportedly meets with Chongqing, China officials sparking factory rumors
➤ Travis County approves Tesla’s tax abatement proposal for Giga Texas
➤ BMW announces full details of all-electric iX3 SUV
➤ Tesla increases peak charging rate to 250 kW for Model S and Model X
➤ Analyzing Elon Musk’s announcement that Tesla no longer plans to produce a standard range Model Y, as well as the recent Model Y price reduction
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Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody Rob Mower here and today we have a number of different pieces of news to go through on Tesla as well as some news on |
| 0:12.9 | competition and on the macro environment and as I said yesterday I want to talk a |
| 0:16.7 | little bit more about the news we got over the weekend specifically on model |
| 0:20.0 | Y. The first topic I want to cover here sort of spans new developments over the last three days and unfortunately it is coronavirus. |
| 0:27.0 | Everyone has their own metrics and stats that they prefer to look at for this, so I don't want to get too into detail on that but new cases have continued to rise in the United States |
| 0:34.8 | We're now seeing the death count start to rise again as well and with that we are seeing reopening scale back more restrictions being put in place and one such location doing that is California. |
| 0:44.8 | On Sunday California announced that effective July 13th, so yesterday Monday, that all counties |
| 0:50.2 | must close indoor operations in the following sectors, |
| 0:53.4 | dine in restaurants, wineries and tasting rooms, movie theaters, |
| 0:56.8 | family entertainment centers, zoos and museums, and card rooms, |
| 1:00.2 | and that bars and similar must close in the same transaction as a meal. |
| 1:05.0 | And that alcohol could only be sold in the same transaction as a meal. |
| 1:09.0 | Additionally, California has a county monitoring list which monitors counties for elevated disease transmission, increasing |
| 1:15.3 | hospitalization, and limited hospital capacity. |
| 1:18.3 | And counties that are on that monitoring list for three consecutive days are required to shut |
| 1:22.2 | down fitness centers, worship services, protests, |
| 1:24.9 | offices for non-essential sectors, personal care services, hair salons and barber shops and malls, |
| 1:30.1 | unless those things can be modified to operate outside or by pickup. |
| 1:34.0 | So at least at this point in time, none of those would seem to have an impact on |
| 1:37.6 | Tesla's operations, but obviously it's not great to see the trend moving in that |
| 1:41.4 | direction. And Alameda County is on the monitoring list, |
| 1:44.4 | though it has been on the list for fewer than three days |
... |
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