Musk Buys More TSLA, Daimler/VW Comment on Tesla, Faraday Future (10.30.1
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 31 October 2018
⏱️ 8 minutes
🧾️ Download transcript
Summary
– Elon Musk buys more TSLA shares on the open market
– Daimler and Volkswagen CEO’s make comments referencing Tesla
– Faraday Future co-founder resigns
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Executive producer Jerome Jorden
Executive producer Rob Gill
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock
The post Musk Buys More TSLA, Daimler/VW Comment on Tesla, Faraday Future (10.30.1 appeared first on TechCast Daily.
Transcript
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| 0:00.0 | Hello and |
| 0:07.0 | welcome to the Tuesday, |
| 0:09.0 | October 30th, 2018, |
| 0:11.0 | of Tesla Daily on Official Tesla Podcast. |
| 0:13.0 | My name is Rob Mower. |
| 0:13.7 | Today we are talking about Elon buying more stock, |
| 0:16.4 | comments from the CEOs of both Volkswagen and Daimler, |
| 0:19.6 | as well as Faraday Future. |
| 0:20.9 | We haven't talked about them in a while. |
| 0:22.9 | Tesla stock on the day down 1.48% to $329.90, |
| 0:28.5 | even though the Nasdac was actually up pretty significantly on the day up 1.58%. I don't really know what to make up the stock right now. I didn't really |
| 0:35.8 | see a whole lot that would have been driving that. I think there was an immaterial lawsuit about |
| 0:40.4 | autopilot. A driver crashed into a stationary vehicle on the side of the highway it sounds like, but the driver admitted to looking at his phone periodically during that drive. |
| 0:50.0 | That makes it seem pretty immaterial to me. Basically they're claiming that |
| 0:53.6 | autopilot is being misrepresented by Tesla, but we've been down this road many times |
| 0:57.4 | before Tesla makes it clear that the driver is still responsible while the vehicle is |
| 1:02.1 | in autopilot. |
| 1:03.5 | Katching up on some other news from yesterday, Elon Musk, in the pre-market, |
| 1:07.3 | bought $10 million of Tesla stock. |
| 1:09.9 | These shares were purchased on the open market, |
| 1:12.2 | so this is not a part of the 20 |
| 1:13.9 | million dollars that Elon will be buying directly from Tesla with the issuance of |
... |
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