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Tesla Daily: Tesla News & Analysis

Musk Teases “Beast Mode” Cybertruck & Other Specs (10.31.23)

Tesla Daily: Tesla News & Analysis

Rob Maurer

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

4.81.1K Ratings

🗓️ 1 November 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

➤ Musk appears on Joe Rogan’s podcast and discussed the Cybertruck, among other topics
➤ Form 4 for Drew Baglino
➤ Update on Giga Mexico permits
➤ Tesla wins Autopilot lawsuit
➤ PG&E provides update on previous Megapack fire
➤ Toyota announces additional battery investment
➤ Chevy Equinox EV pricing
➤ FAA completes safety review for Starship
➤ Calendar

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Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Michael Pastrone
Executive producer Richard Del Maestro
Executive producer John Beans

Disclosure: Rob Maurer is long TSLA stock & derivatives

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody, Rob Mauer here, and today we've got some new details on the cyber truck

0:11.0

from Elon Musk's appearance on the Joe Rogan podcast today.

0:14.0

We also got a little bit of new information on Gigamexico, Tesla Energy, and a few other

0:18.0

items as well.

0:19.0

Alright, looking up the stock better day for Tesla today, finishing up 1 and 3.4% closing

0:23.0

above $200 a share, at $200.84, the NASDAQ up about a half a percent on the day today.

0:29.9

First off, just kind of relevant to the stock.

0:31.6

We did get a new form four filed from Tesla today.

0:34.7

This discloses sale of stock.

0:37.2

So this is from Drew Baglino, Tesla's SVP of powertrain and engineering.

0:41.9

This is for $10,500 shares that are being first acquired and then disposed of through the

0:47.6

exercise of an option.

0:50.5

So $10,500 shares, it's a lot, but for Drew, he does have significantly more than that

0:55.2

from this option.

0:57.1

And most importantly with this, this is part of a plan that was put in place in November

1:02.4

1st and November of 2021.

1:05.6

So nothing new.

1:06.6

We've seen these sales from Drew over the period of time, and of course this was already pre-planned

1:11.4

back in 2021.

1:12.4

So a long time ago, nothing too major there, but of course, whenever we see those form

1:16.6

fours, that is always a little bit potentially nerve-wracking to open based off of what we

1:21.6

had seen with Elon selling before, but just wanted to walk through that quickly.

...

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