Hello and welcome to the Friday October 12th

2018 of Tesla Daily Unofficial Tesla Podcast. My name is Rob

Maower. Today we are primarily talking about Tesla's Q4 production thus far.

Tesla stock on the day on Friday finishing up 2.60% to $258.78.

This compared to the NASDAQ up 2.29%.

Tesla tracked pretty closely to the NASDAQ

for the majority of the day.

Would have liked to see a little bit stronger performance from

Tesla today due to the high beta of Tesla as we've been talking about over the last couple of days,

especially because today Electric continued their trend of releasing production information for Tesla on Fridays,

and the production data that they're reported on today, in my opinion, was very good.

Electric reporting that, quote quote a reliable source familiar with

Tesla's production told Electric that the automaker produced about 11,500 cars

including about 7,400 model 3s so far this quarter as of earlier today end quote today being Friday the most

conservative way to break that down to a daily rate so far throughout the quarter is to use

11 and a half days assuming that Electric was given the number sometime midday, Friday,

and that that number was accurate at that moment.

The reality is that the production time for these numbers is probably a little bit less than 11.5 days but

it should be pretty close and again that allows us to be conservative with the

numbers that we're talking about. And just as a quick reminder, ElectraX source who they

keep quoting seems to be accurate because

ElectraX information was pretty much dead on with the information that we received from

...