Hey everybody, we're on my way here, and today we've got an update relating to Tesla's

semi-programme.

We also have news on Tesla's software, updated China-insured vehicle numbers, a little bit

of news on Freemont, and more.

Quick look at the stock, Tesla today down 2.4% closing at $261.7, while the NASDAQ was

down 4.10% of a percent on the day, but underperformed the Dow, which was up 2.10% of a percent.

It's an indicative of worst days for high-growth companies like Tesla.

Alright, we'll start off with the update on the semi, so this is a report from Bloomberg

that Tesla is seeking almost $100 million from federal funds, which although Tesla is

able to benefit from things like tax credits and regulatory structures, they don't seem

to go out and seek funding too often, so pretty interesting.

And in this case, they are reportedly seeking funds to develop a Tesla semi-charging network

from Texas to California.

This is according to emails seen by Bloomberg, they further report that quote, the company

proposed each be equipped with 8,750 kilowatt chargers for Tesla's semi-vehicles, and 4

chargers for trucks made by its competitors.

It's executive said in emails to the Texas Department of Transportation between May and

early July.

So a few interesting things just in that statement, first, I mean the 750 kilowatt thing,

this keeps coming back up, the math continues to not make sense to me, but Pepsi keeps talking

about that rate.

So it's apparently showing up in these emails, maybe that is the rate, I don't know,

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