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Tesla Daily: Tesla News & Analysis

Musk Deposition Delayed, Berlin Fire, China, Paid Influencers, Cruise (09.26.22)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 27 September 2022

⏱️ 9 minutes

🧾️ Download transcript

Summary

➤ Elon Musk and Twitter CEO Parag Agrawal both delay depositions in Twitter acquisition case
➤ Fire at Giga Berlin draws comments from water association
➤ China extends NEV tax exemption as expected
➤ Report on China delivery target
➤ Influencers offered payment to read anti-Tesla script for film
➤ Ford confirms badge shortage
➤ Cruise vehicles get stuck in San Francisco
➤ Musk comments on Starlink terminal production

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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, Rob Mauer here. Welcome back to Tesla Daily for the final week of Q3.

0:12.0

Today, we've got news on the possible Twitter acquisition. We've got an update on Gigabur

0:15.5

Lynn, a couple of stories out of China news on SpaceX and a couple other items as well.

0:20.5

Not the most eventful day in the stock market today, but a nice finish for Tesla up

0:23.5

quarter percent, which we'll definitely take after the previous two trading days finishing

0:27.4

down around four and a half percent. Tesla closed at $276 and one cent, and nicely

0:32.2

outperformed the NASDAQ, which was down six tenths of a percent on the day today.

0:35.9

A few items to keep an eye on as we navigate through the final week of the quarter here.

0:39.4

Fed Chairman Powell is speaking a couple times this week Tuesday and Wednesday we've got

0:42.9

Core PCE on Friday and of course, AI Day on Friday as well. That'll be the final

0:47.2

day of the quarter, and then we should get Q3 delivery and production numbers from Tesla

0:50.7

sometime Sunday morning. As we talked about on Friday, Elon Musk was scheduled to give

0:55.1

his deposition in the ongoing Twitter dispute in the first half of this week beginning

0:59.0

today. Twitter CEO Paragogra Wall was also scheduled to do the same. However, according

1:03.4

to Bloomberg, both Elon and Parag are rescheduling their depositions.

1:08.1

Twitter stock and Blue here did pop upon that news coming out. Tesla stock and yellow didn't

1:11.8

seem to react all that much. You could say it dropped a little bit, but not seeing a

1:14.9

huge correlation there. But of course, with both rescheduling, the speculation immediately

1:19.2

jumps to, ooh, maybe some sort of settlement agreement has been reached. Maybe they're

1:23.2

rescheduling because those depositions would no longer be needed in that case. More on

1:27.7

that in a second, but I think the reactions in each stock here are pretty interesting

1:30.9

because we have seen Twitter be a bit of an overhang for Tesla pretty clearly on some

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