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Tesla Daily: Tesla News & Analysis

Musk Comments on AI Day, Cybertruck + Expectations, US Car Market (09.29.22)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 30 September 2022

⏱️ 13 minutes

🧾️ Download transcript

Summary

➤ Elon Musk comments on AI Day ahead of event
➤ AI Day expectations
➤ Musk comments on Cybertruck
➤ Tesla Energy products survive hurricane
➤ S&P brand loyalty study
➤ Interesting data points on US car market
➤ New Musk texts disclosed in Twitter case
➤ Porsche IPO
➤ Quick notes

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Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Michael Pastrone
Executive producer Richard Del Maestro
Executive producer John Beans
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody, we're up now here and today we're going to be talking about some new comments

0:10.7

from Elon Musk on AI Day as we await the event tomorrow.

0:13.8

I've also got updates on the Cybertruck a little bit on the car market in general, a new

0:18.5

report on brand loyalty and a couple other items as well.

0:21.9

Not a good day in the markets today, Tesla down 6.8% to close at $268.21 the NASDAQ down

0:28.0

2.8% really getting close to those June lows again, not sure there's anything really

0:32.4

new here today, just a continuation of concern over all the issues that we've been talking

0:36.4

about now for.

0:37.4

I would say the majority of the year tomorrow will move on to another day to point with

0:41.3

the August personal consumption expenditures and then we get CPI and PPI for September

0:45.9

in a couple of weeks.

0:47.2

On a more exciting note, we are now one day away from AI Day 2022, I suppose that makes

0:51.8

tonight's AI eve, Elon has been tweeting about this a little bit helping inform expectations

0:56.7

which I think are important so let's talk about those tweets and expectations.

1:00.0

First off, Elon saying note, this event is meant for recruiting AI and robotics engineers

1:04.4

so we'll be highly technical and then he added on to that and said as well as advanced

1:08.0

chip and supercomputer engineers for next gen training and inference.

1:12.1

Please take heed of Elon's note here, it's very much like going into a shareholder meeting,

1:17.0

you have to level set your expectations around what that meeting is intended to be.

1:21.2

We could rewind and go through some of the rumors that popped up around the shareholders

1:24.7

meeting and it ended up being what you could expect, Tesla walking through their business

1:28.7

and not really a whole lot else and that's great as long as you go and expecting it to

...

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