Musk Says No Hertz Contract, Avis Comments, FSD Beta OTA Recall, Vehicle Updates, Berlin/Texas (11.02.21)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 2 November 2021
⏱️ 13 minutes
🧾️ Download transcript
Summary
➤ Elon Musk says Tesla and Hertz have not agreed to a contract yet
➤ Rental company Avis is asked about the Hertz order on earnings call
➤ Tesla files recall related to FSD Beta rollback on version 10.3
➤ Tesla makes a number of design studio updates, including range and acceleration changes
➤ Elon Musk laments regulatory barriers in Berlin
➤ Battery equipment spotted at Giga Texas
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Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
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Executive producer John Beans
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody, we're out of malware here and today we're going to be talking a little |
| 0:10.2 | bit more about the Tesla Hurts deal or no deal situation than we've got another rental |
| 0:15.2 | car update. |
| 0:16.2 | We've got an official recall of Tesla's FSD beta from that rollback last weekend with |
| 0:20.2 | actually some pretty interesting new information in that and we've got some new updates to |
| 0:24.0 | Tesla's design studio. |
| 0:25.3 | Tesla has added a bit of range and we've got a couple updates on Berlin and Texas. |
| 0:29.7 | Tesla today just absolutely plummeting all the way back to the second highest close |
| 0:34.0 | of all time. |
| 0:35.0 | So in that in just obviously but obviously Tesla down a bit today 3% to $1,171.97 while |
| 0:41.8 | the NASDAQ was up about a third of a percent. |
| 0:44.0 | I think a lot of the drop being attributed to some of the Hurts news today which we'll |
| 0:47.3 | talk about in a second. |
| 0:48.3 | It's certainly possible but it's also possible that it had to do with the FSD beta recall |
| 0:52.7 | with the fact that Tesla's been up 50% in the last month, especially because tomorrow |
| 0:56.8 | Fed Chairman Jerome Powell at about 2.30pm Eastern time will be giving an update on the latest |
| 1:01.7 | Federal Reserve meeting. |
| 1:03.5 | With such a big and fast run up some traders may just not want to hold through an event |
| 1:07.8 | like that. |
| 1:08.8 | So yeah maybe this Hurts stuff did play a role but probably a combination of all of these |
| 1:12.9 | things. |
| 1:13.9 | So with that said let's get into the Hurts news which really isn't that big of news |
... |
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