Hey everybody, Rob Mauer here, and today we're talking about some new comments from Arc

Invest Kathy Wood on Tesla Stock, we've also got an update on the next generation full

self-driving hardware for Tesla, news on Tesla Energy, some lobbying that Tesla is doing

and a couple other items as well.

Pretty good day for the stock markets overall today, the S&P Dow and NASDAQ all up, but

looked like maybe a little bit better of a day for more value-oriented stocks, the Dow

up 1.5%, the NASDAQ up just 1%, and Tesla was positive on the day, but trailing

behind up to 2.7%, closing at $753.64.

As far as headlines around the stock today would seem to be getting the most attention,

was a comment that was made by Kathy Wood of Arc Invest yesterday at the Morningstar Investor

Conference during a debate.

That comment was then picked up on and led to some intentionally vague headlines here.

Forget watches, for example, saying Kathy Wood is ready to sell Tesla shares if they hit

this big level, Bloomberg at least giving a little more context, saying Kathy Wood

would sell Tesla next year if it reached $3,000, which even then isn't really exactly what

she said.

The actual quote, which we'll get to, is more nuanced, but even before that you have

to understand the context, which again, this was in a debate and the person she was speaking

with was kind of pressing on, when is it responsible to sell your successful companies

as a fund manager to then get into other opportunities, and this person pushed her a couple

of times to give an answer on this for Tesla, specifically as it relates to our

invests $3,000 price target for Tesla for the year 2025, so the question was, if Tesla

...