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Tesla Daily: Tesla News & Analysis

Shanghai Shutdown Extended, Boring Company Rumor, Solar Roof, Vision Patent, Canada (03.31.22)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tsla, Model3, Technology, News, Tesla, Investing, Tech News, Modely, Business, Models, Modelx

4.81.1K Ratings

🗓️ 31 March 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

➤ Tesla reportedly extends production halt at Giga Shanghai
➤ Analyzing a strange rumor on The Boring Company
➤ TSLA outperforms in Q1
➤ Tesla reportedly stops scheduling new Solar Roof installations
➤ Patent explaining Tesla’s autonomy approach published
➤ New third-party subscription offer features Tesla
➤ Canada announces emissions reduction plan

Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283

Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Michael Pastrone
Executive producer Richard Del Maestro
Executive producer John Beans
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody, Rob Mauer here for the last day of the first quarter, today we are talking

0:11.1

about an update on the status of production for Gigashang High, also got a rumor involving

0:15.1

Tesla on the boring company, an update on Tesla Solar, a new patent, and a couple other

0:18.7

items as well.

0:19.7

Looking at the markets today, a lot of things are sharp drops and to close the NASDAQ S&P

0:24.2

and now all finishing down about 1.5% Tesla right there with them at $1,077.60 to close

0:29.9

the day.

0:30.9

A very low volume day today to wrap up the quarter, only about 16 million shares traded

0:34.5

so far, depending on what happens in after hours, this is probably going to be the lowest

0:37.7

volume day of the quarter and therefore the year so far.

0:40.9

Now that the Q1 is in the books at least for the stock market, good time to check in on

0:44.3

relative performance, the NASDAQ for the first quarter ended down 9.1%, Tesla on the other

0:49.1

hand, up 2% even, Tesla also significantly outperformed the S&P 500 which was down 5%

0:55.1

for Q1.

0:56.3

Another item that's always fun to reflect on at the end of first quarters is the Model

0:59.6

3 unveiling that happened today 6 years ago.

1:03.0

Although I didn't end up converting on my reservation right away and that $1,000 reservation

1:06.3

price would have been much better served in Tesla stock at that point, I still remember

1:10.1

waiting in that line along with a lot of other people like me to put $1,000 down on that

1:14.4

car that I had never seen before.

1:16.3

I also took half a day off of work to drive down to Illinois and do that which was fun

1:20.1

to explain.

...

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