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Tesla Daily: Tesla News & Analysis

Musk Says Tesla Came Within Weeks of Dying, GM Plans to Shutter Factories, Nissan Leaf Unveiling Delay, Rivian All-Electric Pickup (11.16.18)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tsla, Model3, Technology, News, Tesla, Investing, Tech News, Modely, Business, Models, Modelx

4.8 β€’ 1.1K Ratings

πŸ—“οΈ 27 November 2018

⏱️ 13 minutes

🧾️ Download transcript

Summary

– Elon Musk discusses the challenge of the Model 3 production ramp with HBO (Link)
– GM to close factories, stop production of sedans
– Nissan delays the unveiling of longer range Leaf
– Rivian unveils all-electric pickup truck

Links:
Email > [email protected]
Twitter > @teslapodcast
Patreon > patreon.com/tesladailypodcast

Executive producer Jerome Jorden
Executive producer Rob Gill
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock

The post Musk Says Tesla Came Within Weeks of Dying, GM Plans to Shutter Factories, Nissan Leaf Unveiling Delay, Rivian All-Electric Pickup (11.16.18) appeared first on TechCast Daily.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome back to the Monday November 26th 2018 edition of Tesla Daily

0:11.8

unofficial Tesla Podcast.

0:13.0

My name is Rob Maurer. I hope everybody had a phenomenal Thanksgiving weekend.

0:17.0

I'm starting to get over my cold a little bit, so that's nice. Also nice, Tesla, with a strong performance today finishing up 6.19% to $346

0:26.4

compared to the NASDAQ up 2.06% Tesla was the second best performer in the

0:31.4

NASDAQ 100 today.

0:33.0

Good to see that relative strength

0:34.8

after closing last week with quite a bit of relative weakness.

0:38.3

Even though the stock has been volatile,

0:40.0

there hasn't really been a lot of,

0:41.4

I don't think, meaningful news last week we had a little

0:44.2

bit of news that Tesla dropped their pricing in China to help offset some of the impact of those high tariffs.

0:49.7

Obviously that has some potential to impact margins.

0:52.0

I wouldn't expect that impact to be

0:53.4

very significant though and I definitely wouldn't say with any

0:56.1

certainty that that is what was driving the lower stock price last week just

0:59.2

that that was the only real news that we had. On any given day the stock press can trade for hundreds of unknown

1:04.4

reasons. I think it's more likely that one of those unknowns was more impactful in the stock last week.

1:09.4

Getting back to today then, as I said last week, Elon on Sunday did an interview with

1:14.1

HBO on their new Axios program.

1:16.6

In that interview, he had a very quotable statement to make about Tesla.

1:21.4

In the interview, Musk said, quote, well, I mean, Tesla really faced a severe

...

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