Hey everybody Rob now we're here and today we are talking about Tesla's decision to remove

Ultrasonic sensors we've got a little bit more information on what that might be in terms

of cost savings.

Also got a new safety feature that Tesla is integrating some interesting comments from

a Toyota executive, a few macronotes a lot going on there today, and more.

Starting off with the stock, Tesla today, a nice little outperformance, it's been a while

but up 310th of a percent while the NASDAQ was down a 10th of a percent on the day.

So not a huge gain but we'll take it Tesla closing at $217.24 on the day.

After I think we had 5 down days in a row.

So nice to get a little bit of a relief there, a lot going on with the macro today as we

await the CPI report tomorrow, we did get the PPI report today.

That is the producer price index.

So the producer price index did increase 0.4% from last month.

That compared with expectations for a 0.2% gain but kind of a mixed report if we look a

little bit closer here at core, so removing food and energy.

That was up 7.2% year over year, slightly below expectations of 7.3% month of a month

up 0.3%.

So in terms of core, although headline is important too, a 0.3% that has been stable

for the last few months and if we look at the graph here, we can see that 0.3% that

would annualize to a little bit less than or somewhere around 4%, where if we're looking

at the 0.4% headline number, that annualizes to 5%.

So of course, the Fed is going to be looking for things to get down into more of the 0.1,

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