Shareholder Meeting, Advertising, Musk Interview, India Factory, Reliability (05.17.23)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 18 May 2023
⏱️ 18 minutes
🧾️ Download transcript
Summary
➤ Tesla shareholder meeting reaction
➤ Musk says Tesla will try advertising
➤ Tesla bot update
➤ CNBC’s David Faber interviews Musk
➤ Cybertruck towing
➤ Reuters reports Tesla has proposed factory in India
➤ Tesla receives strong reliability score
➤ IDRA receives Giga Press order from legacy OEM
➤ Correction on California market share
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Executive producer Jeremy Cooke
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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
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| 0:00.0 | Hey everybody Rob, we're here and today we're going to be talking about Tesla's shareholder |
| 0:11.0 | meeting yesterday. |
| 0:12.0 | We'll go through some of the major topics that came up, obviously advertising being one |
| 0:15.3 | of those. |
| 0:16.3 | Also talk about Elon Musk's interview with David Faber and a few other items including |
| 0:20.2 | some news on a report rather on Tesla possibly proposing a factory in India. |
| 0:26.5 | All right, so looking at the stock, nice reaction today after the shareholder meeting |
| 0:30.0 | up 4.4% to close at $173.86 while the NASDAQ was up 1.3% so giving a nice boost to the |
| 0:37.4 | overall markets today or rather the overall markets giving a nice boost to Tesla probably |
| 0:41.4 | today as well following the shareholder meeting. |
| 0:45.3 | So getting into kind of what we heard, hopefully everyone went into this with relatively |
| 0:48.6 | low expectations, right? |
| 0:49.9 | We have just had investor day less than two months ago or around two months ago. |
| 0:55.0 | We had our Q1 earnings call, you know, a handful of weeks ago. |
| 1:00.4 | So hopefully going into this, no one should have been expecting anything groundbreaking |
| 1:03.9 | or anything too new. |
| 1:05.4 | Other than there was a little bit of that rumor that maybe Elon was going to step down |
| 1:07.9 | a CEO which he rejected obviously and is going to be continuing and had a lot of good things |
| 1:12.7 | to say about his involvement in Tesla and just kind of freeing up time from Twitter. |
| 1:17.4 | So I think in general, I mean, I've paused the video here at a very specific point because |
| 1:21.6 | this was kind of the vibe I got overall from the meeting, right? |
| 1:23.8 | Like Elon was in really good spirits. |
... |
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