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Tesla Daily: Tesla News & Analysis

Musk Visits China, Tesla Seeks AI Talent, FSD Beta 11.4.2, NHTSA, Colorado Credit (05.30.23)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 31 May 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

➤ Elon Musk lands in Beijing for visit
➤ Tesla SEC filings
➤ Insured vehicle data
➤ Tesla wins lawsuit
➤ FSD Beta 11.4.2 released
➤ Tesla lists job for large language models
➤ Tesla Electric promotion
➤ Ford to send all EV customers NACS adapter
➤ NHTSA closes one Tesla investigation
➤ Colorado updates EV credit
➤ Tesla celebrates Giga Berlin
➤ 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

Welcome back to Tesla Daily. Hope everybody had a great weekend. Today we are going to be

0:12.2

talking about Elon Musk's first visit to China in quite a long time. We have a few other

0:16.8

stories out of China as well. We've got Tesla's release of FSD Beta 11.4.2 and an update

0:22.6

on Tesla's hiring attempts for their AI development. So quite a few things to go through today.

0:29.2

We'll start off with a stock Tesla up 4.14% on the day today. The NASDAQ up about a third

0:35.2

of our percent. So we didn't have an episode on Friday, but this continues a really strong

0:39.8

couple of days here, trading days here for Tesla following the Ford announcement. So really

0:45.0

nice to see the markets have been generally supportive of kind of growth type of stocks

0:48.9

right now, kind of probably riding a little bit of the Nvidia wave, alongside the Ford

0:53.3

announcement as well. So nice to see that. And hopefully we'll see that continue throughout

0:58.2

the rest of this week. We do have a couple of SEC filings to go through right off the

1:01.7

bat here. The first was a Form 4. This was filed for JB's trouble just showing his ownership

1:06.6

as he is now on Tesla's board of directors. And although JB was a co-founder and former

1:11.4

CTO for a long time, it doesn't look like he owns any more shares or options of Tesla.

1:16.7

Obviously, JB starting Redwood materials back in 2017 and really taking it sort of the

1:21.9

next level in 2019. Looks like probably most of that equity went to fund Redwood materials

1:27.5

would would be my best guess on that front. So it would be interesting to see, you know,

1:31.5

hopefully JB gets a little bit of shares back through his board position. And then we

1:36.7

also have a Form 144. This is on behalf of Drew Beguino. This is basically just a form

1:43.0

that is alerting investors of a potential stock sale or the intent of a stock sale.

1:50.3

But it's only for 10,000 shares. Drew does this relatively frequently as just part of his,

1:55.2

you know, general compensation. So nothing too major with this Form 144.

...

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