Hey everybody Rob Mower here. We're here and today we've got some new details on Cyber Truck from initial owners. We've also got more insights on Q4 relating to China and model 3 highland.

We've also got updates on E.V. tax credits and a few other items today as well.

Quite a busy day with lots of news to catch up on from over the weekend as well.

Right looking at the stock Tesla today tougher day down 4% closing at $238.45

The Nasdak today down 1.2%. Yesterday after the delivery report,

Tesla was about flat on the day the NASDAQ

was down pretty significantly.

So far in these couple of days,

NASDAQ down about 3%, Tesla down about 4. Relative overperformance, would say even though it is underperforming

relating to Tesla's beta if we factor that in so we've done okay but I think largely

with the deliveries coming in a little bit above expectations maybe production a little bit below although we don't have analyst consensus for that

We're now seeing Tesla kind of move with the markets over these couple of days seems like. In terms of the general markets, the Fed meeting minutes did come out today.

It looks like they were maybe a little bit more hawkish or I guess less dovish than maybe people would have expected relating to the possibility of rate cuts.

If we just look quickly at the FOMC, or sorry, the CME Group, Interest Rate Tracking Expectation

Tool.

The expectations from a week ago for a rate cut for either January or March have declined.

You can see from 19% to 9% for January and then for March you can see the combination of these two

have both declined whereas continuing at the current rates have increased from 10% to 27%.

So over the last week, just some changes there in terms of expectations that could relate to

some of what we have seen in the markets.

Specifically for Tesla, we did have some analyst notes come out since the delivery report. We're not

going to spend too much time on those. Maybe most notably in terms of

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