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Tesla Daily: Tesla News & Analysis

President Biden FINALLY Says Tesla + Senators Question Elon Musk (02.08.22)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tsla, Model3, Technology, News, Tesla, Investing, Tech News, Modely, Business, Models, Modelx

4.81.1K Ratings

🗓️ 8 February 2022

⏱️ 9 minutes

🧾️ Download transcript

Summary

➤ President Biden mentions Tesla for the first time in his presidency
➤ CNBC reports on steering electronic control units
➤ Berlin water supply hearing is delayed
➤ European Union to discuss new emissions standards inclusive of PHEV data
➤ Senators question Autopilot design in open letter to Elon Musk
➤ Volvo announces mega castings

Twitter: https://www.twitter.com/teslapodcast
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Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Michael Pastrone
Executive producer Richard Del Maestro
Executive producer John Beans
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

Hey everybody, we're on Mauer here and today we finally get to report on President Biden

0:11.6

saying some shocking words, it's absolutely shocking words.

0:14.4

Definitely had to do a bit of a double take to see if I actually heard that, but we'll

0:18.0

talk about that with the clip.

0:19.0

Also got news out of China, Berlin, and some other news in Europe.

0:23.6

Kind of a boring day for Tesla stock today finishing up 1.6% to close at $922 even, but

0:29.1

the NASDAQ was up 1.3% so in that kind of a macro environment, really not the best performance

0:34.2

from Tesla today.

0:35.2

And again, we continue to see very low volume as I am recording at close about 17 million

0:40.2

shares traded so far, so depending on after hours it looks like for the second consecutive

0:44.1

day, we're going to have the lowest volume day so far this year.

0:47.2

Getting into the news and what was probably the most exciting part of today was President

0:51.6

Biden giving remarks on the current administration's plans for reviving American manufacturing.

0:57.4

And we're just going to jump right into the clips, so here is President Biden talking

1:00.1

about how America has been investing in manufacturing.

1:03.8

And Intel isn't alone.

1:05.8

Since 2021, companies have announced investments totaling more than $200 billion in domestic

1:13.2

manufacturing here in America.

1:15.8

From iconic companies like GM and Ford building out a new electric vehicle production to Tesla,

1:21.4

our nation's largest electric vehicle manufacturer, to innovative younger companies like Vivian,

1:27.3

building electric trucks, or Protera, the building electric buses.

1:32.0

All right, so it finally, finally happened.

...

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