Hey everybody, Rob Mauer here. Happy Friday. Today we're going to be talking about Tesla's

credit rating, the S&P, out with a note on Tesla's credit rating after Tesla's reported

earnings. We've also got updates on Tesla China and Shanghai in general, possible news

relating to Tesla and Bill Gates, and a couple other items as well.

Alright, so looking at the stock, Tesla today down 4% to end earnings week at $1,05.

5 cents, of course the NASDAQ with another challenging day to day, down another 2.5%. So

for the week that put the NASDAQ down almost 4%. Tesla performing ending the week up 2%,

so may not feel the best with Tesla beating earnings by 30% or 40%, but still a pretty

significant outperformance, and should the NASDAQ recover, Tesla right now would be sitting

in a pretty good spot to ride that wave up. We didn't really have a chance to discuss

Mac or yesterday, but one of the reasons the market has been falling over the last couple

of days are new comments by Fed Chairman Jerome Powell, these were made on Thursday, about

possibly raising interest rates more quickly. It is appropriate in my view to be moving

a little more quickly. I also think there is something to be said for front loading any

accommodation one thinks is appropriate. I would say 50 basis points will be on the table

for the May meeting. End quote. With a comment like that, that should pretty quickly move

to become the de facto expectation for May. As for other economic factors, I always

go to take a peek at the economic calendar, especially on Friday. So for next week, probably

the most important report coming on Thursday, that is the advanced estimate for GDP for the

first quarter. GDP actually ends up getting reported on three times. So this is the first

estimate, then there will be two revisions resulting in the final estimate for GDP.

Alright, getting into Tesla specific news, then I want to start with an update from S&P

...