NTSB Report, Solar Roof Lawsuit, Musk on SNL, Expansion, Panasonic, F-150, Toyota (05.10.21)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 11 May 2021
⏱️ 13 minutes
🧾️ Download transcript
Summary
➤ TSLA stock drops 6.5% to start the week
➤ NTSB releases preliminary report on Tesla accident said to be “driverless” by law enforcement
➤ Elon Musk hosts Saturday Night Live, brings Cybertruck to New York City
➤ Tesla faces possible class action lawsuit over Solar Roof price changes
➤ Tesla receives approval for limited Giga Berlin expansion
➤ Survey shows Tesla skyrocketing up rankings of preferred employers in Germany
➤ Expansion of Fremont general assembly area underway
➤ IDRA Group owner receives order for massive casting machine
➤ Panasonic discusses profitability of Tesla battery segment
➤ Ford sets date for all-electric Ford F-150 unveiling
➤ Toyota investors express concern over strategy
Twitter: https://www.twitter.com/teslapodcast
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Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Bradford Ferguson
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody, we're at an hour here, and today we've got quite a lot to go through. |
| 0:10.7 | We've got an update from the National Transportation Safety Board on the highly publicized accident |
| 0:14.9 | involving a Tesla vehicle in Texas a couple weeks ago. |
| 0:17.7 | We've got news on Tesla Energy, manufacturing, batteries, and of course Elon Musk's appearance |
| 0:21.9 | on Saturday Night Live over the weekend. |
| 0:24.4 | Rough start to the week for Tesla Stock finishing down nearly 6.5% today to $629.4 |
| 0:29.9 | that compared to the NASDAQ down over 2.5%, the worst day in a couple months for the |
| 0:34.2 | NASDAQ, and we did see sector rotation today, the Dow was only down a tenth of a percent, |
| 0:39.2 | as the Dow was generally made up of lower growth, more value oriented stocks. |
| 0:43.6 | So I know the Tesla down 6% can sometimes feel a little bit rough, especially for newer |
| 0:47.5 | investors, but for context, ARC's innovation ETF, so a group of a lot of different stocks, |
| 0:52.4 | was down by itself 5% today, obviously Tesla driving a portion of that, but certainly |
| 0:56.9 | the movement was not just isolated to Tesla today. |
| 0:59.9 | Before we get into the news here, you may have heard already, but my voice is still recovering |
| 1:03.0 | a little bit, so I'll do my best to get through this, but apologies for any disruption |
| 1:06.8 | from that. |
| 1:07.8 | Alright, first up today, we are revisiting the unfortunate accident back in mid-April |
| 1:11.9 | of a Tesla Model S vehicle in Texas, as I'm sure most of you remember this received |
| 1:15.9 | a ton of media attention because at the time, law enforcement said that they were 100% |
| 1:20.6 | certain that no one was in the driver's seat of the Model S at the time of impact. |
| 1:25.4 | You may remember that at the time we went through a number of different reasons why this |
| 1:28.8 | seemed implausible, and I felt like law enforcement was speaking far too soon, saying they |
... |
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