Hello and welcome to the Wednesday January 15th

2020 edition of Tesla Daily Unofficial Tesla podcast.

My name is Rob Maower. Today we're talking about some news on Model Y,

the Tesla Solar Glass Roof, a big investor in Tesla and a few other topics.

Tesla stock on the day today did finish down 3.6 percent to $518.50, that compared to the NASDAQ up 0.1%.

First thing today I just wanted to spend a little bit of time catching up on a couple of

analyst upgrades from yesterday since we did the Elon Musk Compensation episode yesterday.

So Jeffries and Deutsche Bank both increased their price targets on Tesla yesterday.

Deutsche Bank from $290 per share, up to $455 per share.

So still below the current price, saying, quote,

Europe, volume, and mix constitute the largest potential headwinds

for the group this year,

followed by commercial vehicles.

Conversely, we believe China Auto Demand could offer potential upside risk versus our

base case."

End quote.

While I obviously don't agree with their price target, I think that is an interesting point that they raised if we remember the first half of 2019.

That was when Tesla first started shipping the Model 3 to Europe,

which means that at that point, Tesla was fulfilling a lot of pent-up demand, which can

tend to push the average selling price higher as you fulfill that pent-up demand for higher trim

variants.

We definitely went through the same thing in the U.S. and I think that was one of the reasons that the first half of 2019 was a little bit weaker from a financial performance perspective.

...