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Tesla Daily: Tesla News & Analysis

SEC Reportedly Issues Subpoena to Tesla (08.15.18)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 16 August 2018

⏱️ 7 minutes

🧾️ Download transcript

Summary

– The SEC reportedly issues subpoena to Tesla

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Executive producer Jerome Jorden
Executive producer Rob Gill
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock

The post SEC Reportedly Issues Subpoena to Tesla (08.15.18) appeared first on TechCast Daily.

Transcript

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0:00.0

Hello and welcome to the Wednesday August 15th

0:08.0

2018 edition of Tesla Daily on official Tesla podcast.

0:11.2

My name is Rob Maower.

0:12.0

Today we are talking about the SEC issuing a subpoena to Tesla.

0:15.4

Tesla stock on the day on Wednesday finishing down 2.57% to $338.69 cents,

0:21.5

this compared to the Nasdac down.23 percent. So I think all things considered

0:26.1

with the SEC news and the NASDAQ and macro environment being more difficult. Actually, not

0:31.0

too bad of a day for Tesla stock.

0:32.8

All right, so quick episode today.

0:34.2

I'm a little bit crunched on time.

0:35.5

I do have the next two days off of my full-time job.

0:37.9

I'm gonna be heading up to Northern Minnesota

0:39.4

to spend some time with my family.

0:41.0

I do plan on podcasting tomorrow morning and then again on Friday

0:43.7

and don't know what time but we'll get to an episode each day this week but with the

0:47.3

compressed work week on top of obviously a ton of Tesla news trying to be as

0:51.4

detailed as possible in my analysis of that news both

0:54.1

for my own understanding and then also reporting back on the podcast I do find myself

0:58.2

running a little bit short on time tonight with that being said obviously some big

1:01.9

news today with reports of the SEC issuing a subpoena to Tesla and while we don't have any official statements from the SEC or Tesla to confirm that it is being widely reported on widely enough that I think if it were not happening,

1:13.7

Tesla at least probably would have come out and refuted it by now. So it seems more likely

1:18.0

than not that this is real. As I said yesterday, legal matters are most definitely not my area of expertise, so I want to

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