Hello and welcome to the Tuesday October 23rd 2018 edition of Tesla Daily Unofficial

Tesla Podcast. My name is Rob Maower, kind of a crazy day for

Tesla today finishing up 12.72% on the day to $294.14, compared the NASDAQ down 0.42%.

We'll get right into the reasons behind that, the first of which being that yesterday

evening, Tesla announced that they would be releasing their Q3 earnings report this

Wednesday October 24th after market close. This is a surprise because generally Tesla

gives about two weeks advance notice for when they are scheduling the earnings reports.

I was expecting the report to be on November 7th based on this.

The other possibility I thought before would be October 31st, so this is at least a week early,

likely two weeks early, from when the street

was expecting Tesla to report.

My perspective on this, as I tweeted yesterday

upon hearing the news, is that this is a very bullish sign for Tesla,

meaning a positive sign.

Generally, if you have bad news to report, you're probably going to take at least the normal amount

of time to report that, if not delay it as long as you can.

That gives you more opportunity to create good news that could possibly counteract that bad

news while also delaying the impact of that bad news.

And for good news, you have kind of the exact opposite incentives.

So to me, Tesla trying to get this earnings report out early

is likely a positive indicator and based on the share price movement today it looks like the market agrees with that thesis.

The short notice on when the earnings report is going to be is also interesting.

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