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Tesla Daily: Tesla News & Analysis

Musk is Fortune’s 2020 Businessperson of the Year, Giga Berlin, Volkswagen Update (12.02.20)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 2 December 2020

⏱️ 9 minutes

🧾️ Download transcript

Summary

➤ Elon Musk has been selected as Fortune’s Businessperson of the Year 2020
➤ Automotive News also recognizes Elon Musk with award
➤ Tesla receives paint shop permit for Giga Berlin
➤ Update on Volkswagen after CEO Herbert Diess meets with executive committee in regards to the company’s future

Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283

Plaid producer Who Why
Plaid producer Ice Lakes Investments
Ludicrous producer Fred Hassen
Executive producer Rish Singh
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

Click on a timestamp to play from that location

0:00.0

Hey everybody Rob Ma'er here and I guess it's award season because today we are yet again talking about another Elon Musk Award

0:13.6

actually a couple of them after of course yesterday we had discussed Musk's

0:17.2

interviews at the acceptance of the Axel Springer Award. We also have some news on the

0:20.8

progress at Gegaburlin and then an update on the situation with

0:24.4

Volkswagen and Herbert Deis and sort of the saga that's going on there.

0:28.8

Quick look at Tesla stock on the day to day, down 2.7% to $568.82 that compared to the NASDAQ slightly down, not even a tenth of a percent.

0:38.7

And then checking in on volume about 45.1 million shares traded hands today.

0:43.0

So that was about 70% to average.

0:45.1

And yeah, I'm going to round that up just to annoy some of you.

0:47.4

But to me, the volume still seems relatively low.

0:50.1

Seemed to be kind of settling in there

0:51.5

around that 40 to 50 million shares per day.

0:53.7

All right, so after accepting the Axel Springer Award yesterday, Elon Musk today has been named

0:59.2

the recipient of Fortune's Business Person of the Year 2020 Award.

1:03.9

This is actually the second time he's won this award.

1:06.1

The first time being back in 2013,

1:08.8

which I think if you look at Tesla's stock price,

1:11.0

both of those years kind of make sense. So with this award,

1:14.0

Fortune has done a lengthy profile on Musk with a few interesting quotes that we'll talk

1:18.0

about here, but just as a synopsis, Fortune writes quote, is there anything Elon Musk can't do?

1:23.5

The 49 year old Tesla and SpaceX CEO and Boring Company,

1:26.8

Nuralink, an open AI co-founder,

...

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