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Tesla Daily: Tesla News & Analysis

Quick Thoughts Heading into Q2 Earnings, Referral Program/China GF Updates, Purchase Intent Trends (08.01.18)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.8 β€’ 1.1K Ratings

πŸ—“οΈ 1 August 2018

⏱️ 9 minutes

🧾️ Download transcript

Summary

– Tesla updates referral program
– Bloomberg report on China Gigafactory capital plans (Link)
– Likefolio shares purchase intent sentiment data (Link)
– Quick thoughts heading into the Q2 earnings report

Links:
Email > tesladailypodcast@gmail.com
Twitter > @teslapodcast
Patreon > patreon.com/tesladailypodcast

Executive producer Jerome Jorden
Executive producer Rob Gill
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock

The post Quick Thoughts Heading into Q2 Earnings, Referral Program/China GF Updates, Purchase Intent Trends (08.01.18) appeared first on TechCast Daily.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to the Wednesday August 1st 2018 edition of Tesla Daily on

0:11.1

official Tesla Podcast. My name is Rob Maurer. Of course today is

0:14.3

Earnings Day so I have some quick thoughts on Q2 as well as some news on Tesla's referral program,

0:18.8

the Gigafactory in China, and some trend analysis. Tesla stock on Tuesday finished up 2.75% to $298.14,

0:27.1

this compared to the NASDAQ up 0.55%.

0:29.9

And hopefully by now everyone has forgotten that I expected the stock to be around $325.

0:35.0

heading into earnings, obviously that didn't pan out.

0:37.0

But I do like to keep myself accountable.

0:39.0

First up today, Tesla has updated their referral program with the expiration of the previous round

0:43.2

happening yesterday. The current round goes through September 16th.

0:46.3

Overall the program is staying very similar to the previous round with a couple of

0:50.5

big exceptions but as a reminder use of the referral code grants free unlimited

0:54.6

supercharging for purchases on a model S and model X.

0:58.0

The big change here is that now Tesla has added the performance model 3 to the referral program.

1:03.4

For people that have already confirmed orders for Performance

1:06.2

Model 3 is this does apply retroactively.

1:08.4

So even if you ordered a Performance Model 3 and didn't use a referral code,

1:11.8

you still are now going to receive free unlimited supercharging,

1:15.5

and then going forward, any orders for a performance model 3 that use a referral code will

1:19.9

also receive that same benefit.

1:22.0

That will only apply until the end of this round of the referral program,

1:25.2

which again runs through September 16th.

...

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