4.8 • 1.1K Ratings
🗓️ 17 October 2023
⏱️ 18 minutes
🧾️ Download transcript
➤ Tesla quietly makes plans to launch in a new market
➤ Piper Sandler issues new TSLA note
➤ New photos of Cybertruck compared to other interesting vehicles
➤ Motor Trend reviews Highland Model 3
➤ New Model Y filing in China
➤ Predictive Supercharger availability
➤ More V4 Superchargers
➤ Ford comments on strikes, reduces shifts on F-150 Lightning
➤ Cyberquad for kids available in Europe
➤ Starlink secures new partners
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Disclosure: Rob Maurer is long TSLA stock & derivatives
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0:00.0 | Hey everybody, Rob Mauer here. Welcome back to Tesla Daily. Today we've got some interesting |
0:11.4 | side by side comparison photos for the Cybertruck with some very interesting vehicles. We've got |
0:16.8 | new details potentially on the Model 3 Highland and the release potentially in the US and |
0:22.1 | a new market for Tesla that seems to be on the horizon. Right, looking at the stock |
0:26.6 | Tesla today, up 1.1%, so decent start to the week, finishing at $253.92, although the NASDAQ |
0:33.3 | actually outperforming with a strong day up 1.2%. Of course, the most interesting thing for |
0:38.2 | this week will be earnings. So a couple days away from that, that'll be after market |
0:41.1 | clothes on Wednesday. We did get an updated note from Piper Sandler, Alex Potter over |
0:45.9 | the weekend. They have lowered their price target a bit from $300 down to $290 based |
0:51.6 | off of the Q3 delivery results, just as well as updated expectations for earnings as we |
0:56.7 | head into that. So estimates moving slightly downward, but they do expect, you know, or they |
1:00.8 | do point out that Cybertruck and other growth initiatives are on the horizon. They view |
1:05.7 | that there could be a reasonable likelihood that margins bottom in Q3, but still, you know, |
1:10.7 | wouldn't be surprised if Tesla trade sideways at best in coming months as looking at 2024 |
1:15.7 | delivery growth could slow according to them ahead of things that would re-excelerate |
1:21.3 | that in the future. So always nice to hear from Alex Potter and get their expectations |
1:25.5 | as we head into earnings. And then getting into some of the news, we'll start off with |
1:30.6 | this update from Tesla. So a new job listing today, or over the weekend from Tesla on |
1:35.3 | and their careers page, this is for a general manager position. What's most interesting |
1:40.1 | about this, though, is that this is for a country general manager in Chile. They say |
1:44.9 | that this is to help launch the market. So obviously, Chile, you know, in terms of what |
1:50.1 | it would be in terms of the impact Tesla overall, a relatively small market. But what's most |
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