Hey everybody, we're on an hour here. Welcome back to Tesla Daily Happy Tuesday. We're

starting off the week here as yesterday was President's Day and we've got a lot to

go through. We've got responses from both the SEC and Tesla again on some of the issues

that Tesla has raised last week, Tesla making some even more significant claims now.

We've got a couple of updates on Berlin, Fremont as well, news on Tesla's software, few

updates on Model Y, Tesla Energy, and a couple of the things as well. I don't have a whole

lot to say on the markets today, Tesla down 4.1% on the day to close at $821.53, the

NASDAQ down 1.2%. Obviously the macro situation is predominant right now as we wait and see

what's going to transpire with Russia, Ukraine. President Biden today announcing sanctions

on Russia. We'll see how much for those skills. I don't really have any particular insight

here, but any uncertainties going to weigh heavier on stocks with high multiples.

Inherently those stocks are going to be based on higher levels of future growth. Generally

that comes with an escalated level of uncertainty and escalated level of risk. When you add macro

uncertainty on top of that, it just kind of compounds in an environment of high risk

aversion. Now eventually that will flip back around and for Tesla specifically that will

couple with a lot more certainty on future earnings as each quarterly earnings report

comes in as Tesla makes more progress on some things that to be fair maybe are a little

bit behind what could have been expected, thinking of things like the Model X production

ramp up and certainly Kigger Berlin and Giga Texas. So it'll work out. Tesla will get there.

You got to be patient in the market. You got to be careful in the market. A few better

examples of that than Tesla from 2014 to 2019. If you're right and you're patient, it'll

pay off.

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