More Price Changes, Plaid+ Timeline, New TSLA Analyst, China Quality, Semi (03.11.21)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 12 March 2021
⏱️ 13 minutes
🧾️ Download transcript
Summary
➤ Tesla adjusts US pricing for the third time in the last month
➤ Model S Plaid+ delivery timeline change
➤ China vehicles compared on complaints per 10,000 vehicles
➤ Mizuho initiates coverage on TSLA stock with a buy rating
➤ Tesla Semi spotted possibly shooting promotional footage
➤ EVs may soon come into focus in US legislation
Twitter: https://www.twitter.com/teslapodcast
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Plaid producer Who Why
Plaid producer Ice Lakes Investments
Ludicrous producer Fred Hassen
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Bradford Ferguson
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody, Rob Mauer here, and today we're going to be talking about some price changes |
| 0:10.9 | and timeline updates that Tesla has made in the design studio. |
| 0:13.6 | We also have a new analyst covering Tesla's stock, we'll talk about his price target |
| 0:17.0 | and note. |
| 0:18.0 | A couple of updates out of China, including an interesting quality report, news on the |
| 0:21.4 | Tesla semi, and some macro related news as well. |
| 0:24.6 | Stronger day for tech and growth stocks today than Azdaq finishing up 2.5% versus the |
| 0:29.1 | Dow up 6.10% of a percent, Tesla finishing up 4.7% to $699.60. |
| 0:35.8 | The big macro news for today is President Biden a day earlier than expected, signing these |
| 0:40.0 | stimulus we've built into law, and he'll be addressing the nation tonight probably |
| 0:43.3 | right around the time this podcast is published 8 p.m. Eastern time, 5 p.m. Pacific time. |
| 0:47.7 | It'll be interesting to see if he has any comments about next orders of business, which |
| 0:51.5 | we'll come back to a little bit later in the episode. |
| 0:54.0 | First up, let's talk about pricing, Tesla last night made their third change to prices |
| 0:58.6 | in the US in the last month, changing pricing on some versions of the Model 3, the Model |
| 1:03.2 | Y, and the Model S, holding Model X steady. |
| 1:06.6 | So here are those changes over the last month, it's color coded from a customer perspective |
| 1:10.3 | so green means a lower price, red means a higher price. |
| 1:12.8 | If we look at the changes from yesterday and March week 2, we see that for the Model |
| 1:16.2 | 3, we had a $500 price increase on both the standard range plus and the long range nonperformance. |
| 1:22.6 | So previously those had both been dropped by $1000 since the start of the year, now $500 |
| 1:28.1 | since January 1st net net, those two variants have come down $500. |
... |
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