Hello and welcome to the Wednesday July 24th 2019 edition of Tesla Daily on

official Tesla Podcast.

My name is Rob Maower.

Today we are talking about the Q2 Earnings Report and Investor Call.

Tesla stock on the day prior to earnings was up 1.81% to $264.88 cents, that compared to the Nasdac up 0.8.81% to $264.88. That compared to the NASDAQ up 0.85%. But after the earnings report and shareholder call right now after hours, Tesla sits down 11% from the close to 23570.

While that is a significant drop,

it only puts us back to where we were

just about two weeks ago in between the 9th

and the 10th of July.

We'll get to the shareholder letter and the earnings call in a second. Before we do that, though, the into a senior advisor role. So I just wanted to take a second, say thank you to JB for all that you've done for Tesla over the last 16 years, all that you've done for any stakeholder employees, investors, whoever. You've definitely been a calming presence

at Tesla over the years and a stabilizing force

that I think has been needed at times.

So for that and many, many more things,

way too many to list, I'm sure I speak for everyone in the Tesla community. Thank you,

JB. Just to really quickly put some analysis on this. Definitely a positive that JB is staying on

as an advisor. Drew Boglino will be taking over most of his responsibilities.

Obviously they have a close relationship. I think that continuity is unlike I often say for the

other automakers a good thing in Tesla's case and having J. B. there as an advisor

should give Drew a very solid footing.

Thankfully, I don't think this is terribly surprising for the market.

Many people already read into Drew's appearance at the shareholder meeting as a sort of introduction into a transition plan.

I wasn't quite as convinced on that angle, but that does appear now in hindsight to be the case.

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