Hey everybody, Rob Mauer here and today we've got a lot going on with a big week for

the market, including earnings from GM and a couple other companies, so we'll talk

about that.

We'll also, we've also got some interesting comments from Elon Musk.

I think some welcome comments from Elon Musk that we'll talk about.

We've got news on Tesla insurance, news on EV subsidies in Germany and a couple of

other items as well.

So looking at the markets today, Tesla following the markets down down 3.6% to close at $776.58

cents, while the NASDAQ was down 1.9%, but many other companies kind of in that same ballpark

as Tesla.

Some are preven after hours though, Tesla up about $10 or 1.3%, as I'm recording this,

with some good earnings or at least not as bad of earnings as possibly we're expected from

Microsoft and Google, so we'll talk about that in a second.

But in terms of the action today, a lot of the market was a little bit spooked by a warning

from Walmart.

They gave an update to their guidance, this is very similar to the update that we had previously

seen from targets about a month and a half ago with target taking actions to right size

there inventory.

So what that means is marking down things, selling them for cheaper, that's going to be a

margin hit.

We're seeing the same thing here from Walmart, except even a little bit more significant

I think, so they said that for this quarter they expect sales to be up 6% higher than

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