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Tesla Daily: Tesla News & Analysis

Tesla Fighting Back in China, Giga Berlin Court Update, Model 3 Specs, Wait Times, EV Credit (07.14.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

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

4.81.1K Ratings

🗓️ 15 July 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

➤ Tesla pushes back on owner’s claim of brake failure in China
➤ German court rules on contest of Giga Berlin temporary approvals
➤ Tesla updates specs of Model 3 in Canada
➤ Experian releases registration data, showing Tesla’s lead in the US in the beginning of the year
➤ Checking in on estimated delivery timelines
➤ News on US federal EV tax credit status
➤ LG increases battery production investments

Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
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Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
Executive producer Tesla Summary
Executive producer Jeffrey Yu
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, we're off now, we're here, and today we're going to be discussing Tesla

0:10.8

in China.

0:11.8

Tesla is pushing back on some of the break failure reports that we've talked quite a bit

0:15.4

about.

0:16.4

We'll talk about the most recent development there.

0:18.0

Then we'll kind of continue the tour around the world.

0:19.8

We've got some news on Gigaburland, some news in Canada, and the US as well.

0:23.7

Then we'll close it out with an update on batteries.

0:26.6

First up, we'll take a quick look at the stock Tesla today, giving up the gains that it

0:29.7

had seen earlier this week, finishing down 2.3% on the day to $653.38 below the closing

0:36.5

price last Friday.

0:38.1

The S&P and Dow were up, but the Nasdaq did finish down 2.10% of a percent.

0:42.5

Okay, let's start off with that news out of China just as some backstory, of course,

0:46.4

over the last couple of months we've been talking about reports of break failures in

0:49.5

China.

0:50.5

Tesla China has obviously pushed back on that, claiming that there were no break failures,

0:54.2

these were just user errors.

0:55.5

The attention around that peaked during the Shanghai Auto Show, a couple months back, with

0:59.1

a woman protesting, claiming break failures, but other people have also made similar claims.

1:04.0

Since then we have seen Tesla take action, so they've hired more people in communications,

1:08.2

they've asked for and actually received some apologies from media and influencers that

1:12.5

either reported on the stories, inaccurately, or in the case of one influencer actually

...

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