Musk Shuts Down Bloomberg Forecast, Production Updates, American-Made Index, Texas Model Y (06.21.22)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 22 June 2022
⏱️ 13 minutes
🧾️ Download transcript
Summary
➤ Elon Musk shuts down Bloomberg’s EV forecast at Bloomberg’s Qatar Economic Forum (https://youtu.be/uTBeGjg4pek)
➤ TSLA stock rallies to 3rd best day of the year
➤ Tesla provides update on Giga Berlin production
➤ Discussion on Tesla deliveries and production in China
➤ Cars.com updates American-Made Index
➤ Acceleration boost reported for Texas-made Model Y
➤ New photos of Tesla’s Semi Megacharger
➤ Texas plans EV charging investment
➤ IDRA extends open house
➤ von Holzhausen interior update
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Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody, Rob Mauer here. Welcome back to Tesla Daily. Hope everybody had a great |
| 0:11.1 | weekend. Today we are talking about a new Elon Musk interview. We've also got an update |
| 0:14.8 | on the production rate of Gigaburlin, news out of China, the US, some news on charging |
| 0:19.5 | and a couple other items as well. Really nice day in the markets today to start the |
| 0:23.2 | week off. Tesla today up 9.4% to close at $711.11, the NASDAQ up to 1.5%. So while |
| 0:29.9 | Tesla did trail off a little bit towards the end of the day still the third best performance |
| 0:33.8 | so far this year and the fourth best day in the last 12 months and this was on relatively |
| 0:37.8 | high volume today too with over 40 million shares of Tesla trading hands. I think days |
| 0:42.0 | like today where the stock shoots up when there's not really all that much news are really |
| 0:46.2 | great times to check in on your own psychology because a lot of times positive days like |
| 0:50.6 | today can bring back a lot of the bullish feelings on a stock that maybe weren't there |
| 0:55.0 | a few days ago, even though not really all that much has actually changed. The point isn't |
| 0:59.0 | that those things are invalid is just a reflection on how feelings and sentiment can amplify |
| 1:04.0 | what's actually going on in the market. Those sorts of feelings work just as strongly |
| 1:07.5 | if not stronger on the way down. So really the point is that if you're recognizing those |
| 1:11.4 | feelings on the way up make sure you're recognizing them on the way down and not overreacting |
| 1:15.3 | in either case. I only say that because I think that we have seen a lot of that in the |
| 1:18.6 | last few months. All right, moving on from that I want to start off with an update on |
| 1:22.1 | Gigaburlin. This was announced by Tesla on Friday but after our episodes I want to catch |
| 1:25.8 | up here, Tesla announced that last week Gigaburlin produced 1,000 vehicles over the course |
| 1:30.5 | of the week. Elon had previously alluded that they were getting close to this rate so |
| 1:34.1 | good to have that confirmation. It's an encouraging milestone and historically we have seen |
... |
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