4.8 • 1.1K Ratings
🗓️ 31 January 2019
⏱️ 21 minutes
🧾️ Download transcript
– Thoughts on the Q4 2018 shareholder letter, earnings report, and conference call
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Disclosure: Rob Maurer is long TSLA stock & derivatives
The post Q4-18 Earnings Report Review (01.30.19) appeared first on TechCast Daily.
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0:00.0 | Hello and welcome to the Wednesday January 30th 2019 edition of Tesla Daily on |
0:12.1 | official Tesla Podcast. My name is Rob |
0:14.3 | Maower. Today we are of course talking about the Q4 earnings report. |
0:18.0 | Tesla stock yesterday closed at $277.46 and on the day today was up 3.80 to $3.78.77 prior to earnings being reported. |
0:29.9 | After hours now, the stock is down 4.8% from the close, putting it at $204 per share, so only |
0:36.4 | down 1.5% from yesterday's close. |
0:40.2 | After the Volatility settled down after their earnings report was published, |
0:44.0 | seemed to settle in there kind of in the low 300s, down maybe 1% after hours, |
0:48.2 | until Elon at the end of the call gave a closing comment and announced that Depakuja, the CFO, will be retiring from Tesla for the second time, |
0:57.8 | but will still serve as an advisor to the company. |
1:01.1 | You may remember after Jason Wheeler, the CFO that replaced |
1:04.6 | Depok after his first retirement, left the company. Depok stepped in, came back. |
1:09.2 | It's already been a couple years now, so at this point completely understandable for |
1:14.3 | Depok to be retiring again as Depok said on the call there's never a good time to do |
1:19.1 | that but this seemed as good a time as any with the company being on pretty stable ground after posting two quarterly |
1:25.2 | profits in a row for the first time in company history. |
1:27.6 | So congratulations to Depok for retiring. |
1:29.7 | I as well as I'm sure most listeners would like to thank and express my appreciation for |
1:35.0 | Depok and his time at Tesla, the business that he's helped develop. |
1:39.0 | It sounds like Depok will stay on for another couple of months. |
1:41.9 | However, at that point, Tesla will be filling |
1:44.2 | the role internally with Zach Kirkhorn. Zach is relatively young, I think in his |
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