4.8 • 1.1K Ratings
🗓️ 24 March 2022
⏱️ 12 minutes
🧾️ Download transcript
➤ Analyzing Tesla’s research and development spending compared to competition
➤ Goldman Sachs has lowered automotive industry forecasts, but raised Tesla expectations
➤ Tesla corrects FSD loophole
➤ LG plans to invest in US battery factory
➤ Elon Musk plans to leave short-lived board stint
➤ Tesla Daily schedule update
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Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Michael Pastrone
Executive producer Richard Del Maestro
Executive producer John Beans
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Click on a timestamp to play from that location
0:00.0 | Hey everybody we're Avmauer here and today we're going to be talking a little bit about |
0:10.7 | Tesla's research and development expenditures, for some reason this is popped up as a topic |
0:14.5 | today so I wanted to share my thoughts. |
0:16.2 | Also talk about a note from Goldman Sachs, this was from earlier this week on Tuesday, |
0:20.1 | but there are some interesting items in there that I wanted to discuss, also got an update |
0:23.4 | on Tesla's handling of the prioritization of FSD orders, news from LG on another battery |
0:28.8 | factory, an update on Elon Musk's board position on another company, and then a scheduling |
0:33.2 | note at the end. |
0:34.2 | Alright so Tesla's stock streak has continued, this is the 8th trading day in a row that |
0:38.5 | Tesla has finished positive up 1.5% today to $1,013.92, this did trail a little bit behind |
0:44.5 | the NASDAQ we'll take it given the overperformance of the last week or so, but the NASDAQ with a strong |
0:48.4 | day to day finishing up 1.9%. |
0:51.0 | We're now getting to the point where we can start to keep an eye on if this might become |
0:54.0 | the longest streak ever for Tesla for context, that was back in January of 2021, 11 trading |
0:59.3 | days in a row finishing positive, so we'll see if Tesla can match that, that'd be Friday |
1:02.8 | Monday and Tuesday, as we head into the last week here of the first quarter. |
1:07.9 | Alright so first up today I want to spend a second talking about Tesla's research and |
1:11.1 | development expenditures, or whatever reason this has been a topic covered by a bear |
1:14.7 | ins, electrax and others today, they're citing new research on this from some stock |
1:18.9 | blog, which I don't know why it's really presented as research because it's literally |
1:23.1 | just taking Tesla's R&D expenditures from their quarterly filing and dividing it by the |
1:27.1 | number of vehicles sold and then doing the same for other automakers, and then using that |
... |
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