Toyota/Tesla Partnership? + Tesla vs. Rivian Lawsuit, Semi Updates, SN11 (03.30.21)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 30 March 2021
⏱️ 9 minutes
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Summary
➤ Japanese automobile industry source claims Tesla and Toyota are in final stage of forming a partnership agreement for an electric vehicle project
➤ Elon Musk tweets again about the Tesla Semi and battery cell constraints as Tesla reportedly works on production line
➤ Tesla vs. Rivian lawsuit continues
➤ Volkswagen / Voltswagen saga continues
➤ SpaceX Starship SN11 update
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Disclosure: Rob Maurer is long TSLA stock & derivatives
Transcript
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| 0:00.0 | Hey everybody, Rob Mauer here, and today we're talking about some rumors about a potential |
| 0:10.8 | tie-up between Tesla and Toyota for an electric vehicle product. |
| 0:14.2 | We have some news on the Tesla semi and update on the Tesla and Rivian lawsuit, and then |
| 0:19.2 | an update on SpaceX they did a test flight today of the Starship S-11. |
| 0:23.0 | Strong day for Tesla today after breaking below $600 per share this morning, Tesla came |
| 0:27.1 | back finishing up 4% on the day to $635.62, that was in a red macro environment, the |
| 0:33.4 | S&P 500 Dow Jones and NASDAQ all finishing red, but the NASDAQ doing a little bit better |
| 0:38.2 | than those other two indices at down just one tenth of a percent. |
| 0:41.3 | Alright, first up today we're talking about a report from a South Korean publication |
| 0:44.7 | by the name of Joe Sun. |
| 0:46.3 | They reported that Tesla and Toyota may be in the final stages of agreeing to a partnership |
| 0:51.1 | to jointly develop a small electric SUV platform, where, quote, Toyota provides the vehicle |
| 0:56.4 | platform to Tesla, and instead, Tesla provides some of the electronic control platform |
| 0:59.9 | and software technology on board its vehicle to Toyota. |
| 1:03.2 | End quote. |
| 1:04.2 | Joe Sun cites their source as an official from the Japanese automobile industry on March |
| 1:08.0 | 28th. |
| 1:09.0 | So obviously a translated quote there, it's not exactly clear how this partnership might |
| 1:12.9 | be split. |
| 1:13.9 | I would first assume powertrain and software would go to Tesla the rest to Toyota, but |
| 1:17.6 | it does there say electronic control platform later on in the article they mentioned ECU, |
| 1:21.4 | which would be an electronics control unit. |
... |
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