4.8 • 1.1K Ratings
🗓️ 25 October 2023
⏱️ 21 minutes
🧾️ Download transcript
➤ GM, Cruise share difficult updates
➤ New details on Tesla’s expansion plans
➤ Upcoming software to offer new features
➤ China insured vehicle numbers
➤ Cybertruck updates
➤ UAW actions and Stellantis comments
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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
Disclosure: Rob Maurer is long TSLA stock & derivatives
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0:00.0 | Hey everybody, we're out of power here and today we've got some news for Tesla on Gigabril |
0:11.5 | Linux expansion plans and a few other updates, but the most interesting news I think today |
0:15.3 | relating to GM, quite a few updates for them, that we'll take a look at. |
0:19.4 | Alright, looking at the stock, Tesla up 2.1% today, closing at $216.52, nice to see that. |
0:25.4 | And a pretty decent outperformance of the NASDAQ, which was up about 9.10% of a percent |
0:29.4 | on the day today. |
0:30.4 | Alright, we'll start off with a couple of Tesla's stories. |
0:33.0 | So first off, that Gigabril Linux expansion plan that I mentioned, RBB24 today reporting |
0:37.9 | on the expansion plan hearings that have been happening over in Germany. |
0:43.0 | So according to comments from Tesla representatives at this expansion plan hearing, which has to |
0:47.9 | do with public raising objections to potential factory expansion plans, like we have seen |
0:52.3 | so many times during the course of Gigabril Linux. |
0:55.3 | So during this, Tesla representatives said that they do want to begin expanding Gigabril |
1:01.1 | Linux in the first half of 2024. |
1:04.2 | They do say though that in the first half of 2024, the existing factory hall translated |
1:09.0 | here, but the existing factory would be the first one to be updated. |
1:13.4 | And then the company also wants to build a water recycling plans. |
1:16.1 | They also say that plans for a second production facility and battery recycling plant, though |
1:20.6 | that might be battery production plans, would be coming later. |
1:24.6 | So although it does talk about expansion plans in the first half of 2024, which I think |
1:28.6 | would be exciting, those don't really jive with the comments that we heard from Elon |
1:32.5 | on the Q3 earnings call recently. |
... |
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