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Tesla Daily: Tesla News & Analysis

Rivian Backtracks, Giga Berlin, Panasonic, Plaid, Canada, Lucid (03.03.22)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tsla, Model3, Technology, News, Tesla, Investing, Tech News, Modely, Business, Models, Modelx

4.81.1K Ratings

🗓️ 4 March 2022

⏱️ 14 minutes

🧾️ Download transcript

Summary

➤ Rivian backtracks on price changes, apologizes to customers
➤ Tesla reportedly set to receive final approval for Giga Berlin
➤ New NHRA rule impacting Model S Plaid
➤ Elon Musk comments on FSD Beta for Canada
➤ Class action lawsuit against Tesla and Elon Musk
➤ Panasonic plans new US factory
➤ Comments on Lucid 10-Q filing

Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283

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

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody, Rob Mauer here, and today we've got more information on the pending approval

0:11.0

for GigabreLin.

0:12.0

Also got an update on the Model S plaid news on the Canada FST Beta, another class action

0:16.4

lawsuit against Tesla.

0:17.8

Rivian, an update hunter pricing move there, and a couple other items as well.

0:22.0

Quick look at the stock, Tesla today down 4.6% to $839.29, the NASDAQ was down 1.6% on

0:28.2

the day.

0:29.2

It would be concerns about rising oil prices and energy prices in general, leading to

0:33.6

a higher inflation reading, leading to more aggressive interest rate increases, and that's

0:37.5

just kind of the flavor of the day.

0:39.5

We'll get more insight on that a week from today, next Thursday, an hour before market

0:42.9

open, the CPI is reported consumer price index for them on the February, and that'll

0:47.0

be very heavily watched.

0:48.7

Alright, getting into the Tesla news, we've got huge news here for GigabreLin.

0:51.8

Of course we talked about this possibility earlier this week, but we now have reports

0:54.9

from both Handelsblatt and Deertogerspiegel, indicating that the German government indeed

0:59.9

does intend to grant Tesla final approval for GigabreLin tomorrow.

1:04.4

According to information that both of these publications have received, Brandon Berg's

1:07.6

Prime Minister does plan to hold a press conference on this approval decision tomorrow,

1:11.9

and other state ministers are also expected to be in attendance.

1:14.6

So it seems like they're going to make a pretty big deal out of this final approval.

1:17.7

I'm not sure exactly what time that's going to be, Deertogerspiegel had updated their

...

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