Rumors: Model Y, China, Suppliers + Plaid Updates, Tesla Holds Bitcoin Position (06.14.21)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 15 June 2021
⏱️ 19 minutes
🧾️ Download transcript
Summary
➤ Tesla supplier comments on Tesla’s situation in China, general operations, and competitive lead
➤ Possible notes from supplier investor call: https://bit.ly/3wrDpR4
➤ Updates on Giga Shanghai holidays and end of quarter incentives
➤ Reviewing Tesla’s recent price changes
➤ Rumors on Model Y demand, China exports, LFP, and more
➤ Updates on Plaid Model S after first deliveries
➤ Elon Musk clarifies Tesla’s Bitcoin position
➤ Canaccord Genuity changes TSLA price target
➤ New Zealand updates automotive taxes and credits
➤ Redwood Materials expands in Nevada
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Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
Executive producer Tesla Summary
Executive producer Jeffrey Yu
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody, we're up now, we're here, welcome back to Tesla Daily, hope everybody |
| 0:10.5 | had a great weekend, we are now back to the normal format, and today we're going to |
| 0:14.4 | be discussing some news on Tesla out of China, we've also got an update on Model Y, both |
| 0:18.5 | pricing and demand, news on Bitcoin from Elon Musk, a couple of updates on the plan |
| 0:22.4 | model S, a price target lowering from Canon core genuity, and a couple of other pieces |
| 0:26.6 | on news as well, decent start to the week for Tesla stock, finishing up 1.3% today, |
| 0:31.7 | $2.617.69, that compared to the NASDAQ up 3.4% so, pretty good macro tailwind today |
| 0:38.3 | for stocks like Tesla, all right we'll start off in China today, we've got a few pieces |
| 0:42.6 | of news, some rumors, some clarifications to make, first is an update from a Chinese |
| 0:47.0 | Tesla supplier named Huopo, they supply in addition to Tesla, major automakers like Volkswagen, |
| 0:51.9 | GM, via Chrysler, BMW, etc, and I believe this update that I first saw shared out on |
| 0:56.4 | Twitter by Ray for Tesla, was an update from an investor call, and it looks to me like |
| 1:00.5 | in a question and answer portion of the call, Tesla was brought up, or at least I think |
| 1:04.4 | that is the inference from context clues, and unfortunately because this is translated |
| 1:08.0 | I don't have a really good insight into the context provided, but they are referred |
| 1:11.3 | to here as company A, anyway the translated question reads quote, there are many negative |
| 1:15.6 | news about company A in the market recently, how about the company's order situation? |
| 1:19.6 | End quote, with the translated answer, reading quote, the company strictly abides by the |
| 1:23.5 | customer's confidentiality requirements, it is inconvenient to disclose, please understand, |
| 1:27.8 | what I want to say is in the process of cooperating with customers, we deeply realized that all |
| 1:32.0 | things done by company A are correct, including product positioning, R&D manufacturing, supplier |
| 1:37.2 | management, quality, marketing, etc, are all very correct, other cars there is a gap of |
... |
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