Hey everybody, we're up now, we're here, and today we've got some news on Tesla's advertising

efforts.

We've also got a couple of analyst updates, some news on Tesla Energy, and a few other

items as well.

Pretty nice day for the stock today, Tesla up 1.5% closing at $263.62, while the NASDAQ

was up 6.10% on the day.

As a reminder, just a quick look at the calendar, tomorrow we will get the PPI or produce a price

index report before market open, that'll follow on Thursday with the CPI report, those

will both be very interesting as we're actually only 3 weeks away from the next FOMC meeting

already.

We did get a couple of revised price targets from analysts today, as analysts have started

to update their models after the production and delivery report ahead of Q3 earnings next

week.

I don't have the note, but UBS dropped their price target from $290 before now to $266,

and Jeffries also dropped their price target from $265 down to $250.

They still have a hold rating on the stock.

In their note, they said that, quote, we continue to think that everything Tesla does differently

from the rest of the industry can also be done by others, if given time, making speed

essential to maintain an edge, the latter seems to have been eroding from product features.

End quote.

So obviously that's framed pretty negatively, it's not really all that different than

what Elon has said in the past though, that pace of innovation is really what matters.

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