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Tesla Daily: Tesla News & Analysis

Shanghai Interview Recap, Tesla Singapore, Audi's Flagship EV, Apple Car, Kia Roadmap, Tesla Model Home, Starlink IPO (02.09.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 10 February 2021

⏱️ 13 minutes

🧾️ Download transcript

Summary

➤ President of Tesla China, Tom Zhu, speaks with Xinhua Net about Tesla’s progress at Giga Shanghai, production, China R&D plans, and more
➤ TSLA volume nearly hits 3-year low
➤ Tesla launches in Singapore, assessing the market and Tesla’s positioning
➤ Audi launches new flagship EV, the Audi e-tron GT
➤ Apple and Hyundai-Kia reportedly pause partnership conversations
➤ Kia announces EV roadmap through 2030
➤ Did Tesla’s Bitcoin purchase leak on Reddit before it was announced?
➤ @greentheonly shares an interesting new addition to Tesla’s firmware
➤ Elon Musk comments on possible Starlink IPO

Twitter: https://www.twitter.com/teslapodcast
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Executive producer Jeff Sheets
Executive producer Jessie Chimni
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

Transcript

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0:00.0

Hey everybody, we're out of malware here and today we're talking about a new interview

0:10.7

with Tesla's president of Tesla China, Tesla's expansion into Singapore, a new flagship

0:15.6

electric vehicle from Audi, a couple of follow up things from yesterday, some more news

0:19.7

on the Apple car situation, and SpaceX.

0:22.9

Interesting day for the stock today in that there was a lack of interest in trading it,

0:26.3

this is the second and lowest volume day for Tesla since the beginning of 2018, pending

0:31.8

after hours trading about 15 million shares were traded today that resulted in the stock

0:36.2

finishing down 1.6% to $849.46 compared to the NASDAQ, which was up 0.1%.

0:43.2

Alright, first up today, kind of continuing the conversation that we've been having over

0:46.2

the last few days on Gigafactory Shanghai, we're talking about an interview with Tesla's

0:51.0

president of Tesla China, Tom Zoo, by Shinwannet.

0:54.9

Most of the media coverage here seems to be centered around his comments on a Shanghai

0:58.9

R&D center for Tesla, so you said they expect to have that up and running towards the middle

1:02.8

of the year, maybe towards the end of the year, and then it's really a full extensive

1:06.3

research and development center from automotive design to engineering to development, and

1:11.4

that the goal is to design a Tesla vehicle in China, manufactured in China, but that will

1:15.4

be sold to the whole world.

1:17.4

This really isn't any news, except for maybe a little bit on the timeline there.

1:20.9

When Elon Musk was introducing Gigafactory Shanghai and talked about their desire to have

1:24.1

R&D in China, he talked about wanting something to be designed there for the entire world.

1:29.2

What I actually thought was a little bit more interesting was his comments on production.

1:33.0

He said that their original design capacity for Phase 1, which is the Model 3 phase, was

...

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