Hey everybody, Rob Mauer here and today we're going to be discussing Elon Musk's new interview

with the Financial Times.

We've also got some confusing reporting out of China on Gigafactory Shanghai and whether

or not it's operating, so we'll straighten that out.

We've got April numbers from the China passenger car association that we'll take a look

at, updates on those possible German EV incentives and a couple of other items.

Alright, I think looking at the markets, a very exciting, unexciting day today, it's

nice to get a little bit more stability than ASDAQ 1% Tesla 1.6% closing at $800.4.

That stability may be short lived as of course tomorrow morning the Consumer Price Index

CPI report will come out.

That'll be released one hour before market open and whatever is reported will set the tone

for how the market is feeling about inflation, how they're then feeling about interest rates

as a reaction to inflation, and then I'm sure there will be other narratives arising

as people dig through the detailed data.

So we'll spend a fair amount of time on that tomorrow.

Looks like the current expectation is for inflation to increase year over year by 8.1%,

which would be lower than March.

If that does happen you're going to see a lot of articles talking about how we may have

reached peak inflation, but remember as we have been talking about for months now this

was something that could be anticipated based on looking at last year and how inflation

really started hitting in April last year.

So with those last year numbers now starting to be higher, if inflation maintained that same

...