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Tesla Daily: Tesla News & Analysis

Robotaxi Concept, Morgan Stanley Upgrade, FSD 12, China Production (09.11.23)

Tesla Daily: Tesla News & Analysis

Rob Maurer

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

4.81.1K Ratings

🗓️ 12 September 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

➤ First look at Tesla’s concept for a robotaxi
➤ Morgan Stanley upgrades TSLA stock
➤ New details on FSD 12
➤ China production for August
➤ Giga press photo
➤ Semi production rumor
➤ Tesla promotional video at baseball game
➤ Calendar

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Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
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Executive producer Jeremy Cooke
Executive producer Troy Cher asaro
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 now we're here. Welcome back to Tesla Daily. Today we've got a lot

0:10.8

to go through, including some possible new details on Tesla's Robo Taxi Vehicle Concept.

0:15.9

Also got a note from Adam Jonas, a really nice day of course for the stock, and a few

0:19.4

other things as well. So, taking a quick look at the stock, Tesla today

0:22.9

up 10.1% closing at $273.58. The NASDAQ, nice day, only up 1.1%. So, Tesla,

0:30.1

a really big outperformance today. I think there are a handful of contributors to that outperformance,

0:34.9

but the one that is getting the most attention is an updated note from Adam Jonas, we'll talk

0:38.3

about that in a second. We also got some pretty positive news out of China, and the musk

0:42.2

biography, more and more continues to leak out about this, so who knows how much of an impact.

0:47.1

Those details, or even details that we haven't heard about yet, are having. Either way,

0:51.2

this 10% day for Tesla, this is the best day since January 26th and 27th, both of those days back

0:56.2

to back, plus 11%. Outside of those, you have to go back all the way to January 2022.

1:01.2

So, top three day today over almost the last two years, which obviously happily take that.

1:06.7

But the reason for it may be a bit more suspect. The headlines around this Adam Jonas note today,

1:11.2

talk about how Jonas sees a possible $500 billion opportunity for Tesla from Dojo.

1:17.4

Hmm, okay, a multi-hundred billion dollar opportunity sounds a little bit familiar,

1:21.4

if we go back to the Q1 earnings call. Elon basically said the same thing. He said

1:25.5

potentially a multi-hundred billion dollar level of opportunity for Project Dojo.

1:30.2

So, Elon, one of the greatest entrepreneurs and generators of value in history says it,

1:34.8

well, we can ignore it, better not pay any attention to it. But Adam Jonas says it, well,

1:39.5

I guess we better listen. So, that's not meant as a slight Adam Jonas, it's just to highlight

1:43.7

the ridiculousness of how the market can work at times. Now, there's obviously a lot more nuance

...

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