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Tesla Daily: Tesla News & Analysis

New Base Paint, Referral Program, Fed Meeting (06.19.19)

Tesla Daily: Tesla News & Analysis

Rob Maurer

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

4.81.1K Ratings

🗓️ 20 June 2019

⏱️ 7 minutes

🧾️ Download transcript

Summary

– Upcoming changes to Tesla’s paint options
– Elon tweets on possible referral program change
– Comments from the Federal Reserve’s meeting
– Chanos SEC filings

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

Executive producer Rob Gill
Executive producer Jeremy Cooke
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

The post New Base Paint, Referral Program, Fed Meeting (06.19.19) appeared first on TechCast Daily.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to the Wednesday June 19th

0:09.6

2019 edition of Tesla Daily on official Tesla Podcast. My name is Rob Maower today we were talking about the well. Tesla stock on the day today was up 0.75% to $226.43. This compared to the NASDAQ up

0:27.6

0.42%. The Federal Reserve's June meeting was today and things went largely as expected. Interest rates were held

0:34.7

steady, however the commentary coming out of the meeting was more suggestive of a

0:38.8

possible decrease in interest rates, perhaps happening a little bit sooner than previous commentary suggested.

0:44.6

In a press conference, Chairman Jerome Powell said that many Fed officials, quote,

0:48.4

now see that the case for somewhat more accommodative policy has strengthened, end quote, amidst greater trade

0:54.2

uncertainty. The next Federal Reserve meeting should be around a July 30th

0:57.9

and they expect to have a lot more information on how the economic situation is

1:01.4

developing at that point in time.

1:03.6

It kind of seems to be setting up the expectation for a small decrease in interest rates

1:08.8

around then.

1:09.8

Obviously speculation, but that's kind of my read on the situation.

1:13.0

Getting into Tesla specific news then we have a couple updates from Elon on Twitter.

1:17.0

This afternoon he tweeted, quote, starting next month,

1:19.0

Tesla will charge $1,000 for color black, same price as silver."

1:24.0

So a little bit confusing without the next piece of information which she shared in a reply

1:29.1

to someone questioning what that

1:34.0

they would be adding a simple white, meaning a non-pearl white

1:38.0

as the base option.

1:39.0

Pretty interesting move here.

1:41.0

The color lineup, pending any other changes after this

...

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