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Tesla Daily: Tesla News & Analysis

Project Highland, Tesla Energy, Hardware 4, Musk Interview, Lucid (05.31.23)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 31 May 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

➤ Tesla reportedly plans early glimpse of updated Model 3 during Musk visit to China
➤ Musk continues meeting with government officials
➤ Tesla to supply massive energy storage project in Arizona
➤ Hardware 4 insight
➤ Musk interview with The Babylon Bee
➤ Lucid to raise more capital

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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 Rob now we're here and today we are continuing to talk about Elon Musk's

0:11.2

visit to China.

0:12.2

We also have some new rumors on Tesla's project Highland for the Model 3, an update on

0:16.4

energy storage, hardware 4, and depending on when it's published we may have some items

0:20.5

to discuss from a new Elon Musk interview with Babylon V that is supposed to come out

0:23.9

today.

0:24.9

We'll see if that makes it in time for this episode.

0:27.1

Alright looking at the stock pretty volatile day for Tesla today but finishing up 1.4% after

0:31.5

jumping significantly in the last 10 minutes of trading, not exactly sure what is going

0:35.8

on there.

0:36.8

It's a very different movement than we saw from the broader NASDAQ but some other EV stocks

0:40.3

jumped similarly so I guess we'll have to wait and see maybe there's some news out

0:44.4

there that some people know about some others don't but we'll obviously keep an eye out

0:47.9

to see if there is anything that does eventually trace back to the jump that we saw at the

0:51.4

end of the day.

0:52.4

Anyway Tesla finishing up 1.4% while the NASDAQ was down at 6% and closed at $203.93 on

0:59.3

the day.

1:00.3

Getting into the news, the predominant topic today continues to be Elon Musk's visit

1:03.7

to China no surprise on that, Elon has continued to meet with government officials in addition

1:08.4

to the Minister of Foreign Affairs that we had talked about yesterday, sounds like Elon

1:11.6

is also met with the Minister of Commerce and Industry, can see photos here with the

1:15.5

Minister of Commerce and also with the President of the China Council for the Promotion of International

...

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