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Tesla Daily: Tesla News & Analysis

Nissan Cuts Profit Forecast/Dividend, Tesla Begins Clearing Land for Gigafactory Berlin (02.14.20)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 15 February 2020

⏱️ 5 minutes

🧾️ Download transcript

Summary

- Tesla updates prospectus for capital raise
- Nissan stock falls on poor earnings, guidance reduction
- Model 3 earns IIHS honors
- Gigafactory Berlin land clearing begins
- Boring Company makes progress in Las Vegas

Links:
Email: tesladailypodcast@gmail.com
Twitter: @teslapodcast
Patreon: patreon.com/tesladailypodcast

Ludicrous producer Vincent Smith
Executive producer Rob Gill
Executive producer Rish Singh
Executive producer Nick Wood
Executive producer Fela Winkelmolen
Executive producer Troy Cherasaro
Executive producer Bradford Ferguson
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to the Friday February 14th 2020 edition of Tesla daily on

0:11.5

official Tesla Podcast.

0:12.8

My name is Rob Maower. Today we are talking briefly again about Tesla's capital

0:16.1

rates, Nissan's quarterly report,

0:18.1

Model 3 news and Gigafactory Berlin News.

0:21.0

Tesla stock on the day today was down half a percent to $800.3 that compared to the

0:26.8

NASDAQ up 0.2 percent. This will be a quick episode today. I'm a bit constrained on time,

0:31.7

so we'll go through this pretty high level.

0:33.4

And then I do have some scheduling updates for next week,

0:35.6

which I am excited about, but need to go through at the end.

0:38.6

As a quick reminder, the NASDAQ is closed on Monday

0:41.1

for President's Day.

0:42.8

All right, so first up, let's go through this cap raise again

0:44.9

pretty quickly here.

0:46.0

Tesla did file an updated prospectus today,

0:47.9

and it looks like the offering price will happen

0:49.7

at that $767 share price.

0:52.3

So despite the increase that we saw in the share price yesterday,

0:54.9

it looks like Tesla has decided to stick with that closing share

0:57.1

price from two days ago.

0:58.7

That option for those additional 400,000 shares

1:00.8

as part of this raise is still on the table.

...

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