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Tesla Daily: Tesla News & Analysis

TSLA All-Time High Close, FSD Beta Updates, Consumer Reports, Giga Berlin (11.19.20)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 20 November 2020

⏱️ 12 minutes

🧾️ Download transcript

Summary

➤ TSLA stock hits a new all-time high closing pricing
➤ Elon Musk gives an update on Tesla’s Full Self-Driving beta
➤ Jörg Steinbach, Minister of Economic Affairs for Brandenburg comments on Tesla’s Giga Berlin targets: https://youtu.be/ZMb0ZGMTa84
➤ Consumer Reports drops Model S recommendation, rates Model Y much worse than average on reliability
➤ Previous interview with Jake Fisher of Consumer Reports: https://directory.libsyn.com/episode/index/id/8804990
➤ GM updates electric vehicle plans as CEO sells stock
➤ Elon Musk provides update on Tesla Tequila
➤ Follow-up on possibility of Warren Buffett’s Berkshire Hathaway secretly buying TSLA stock

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

Plaid producer Who Why
Plaid producer Ice Lakes Investments
Ludicrous producer Fred Hassen
Executive producer Rish Singh
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Bradford Ferguson
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
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, Rob Maower here a little bit quieter of a day for Tesla stock today, but nevertheless we did see an all-time high close for the stock.

0:15.6

So not quite an all-time high print.

0:17.6

That actually happened in extended hour trading around $538 per share, but all-time high clothes still a nice milestone so we'll talk a bit about that

0:25.1

We also have some news on the full self-driving beta news on gigaburlin an update from

0:29.4

Consumer Reports as well as from GM on their electric vehicle strategy, news on Tesla

0:34.0

tequila, and then a bit of follow-up to yesterday's Warren Buffett episode.

0:37.0

All right, so Tesla on the day today finishing up 2.6 percent, a little bit less than

0:41.3

the 8 percent and 10 percent rises we had seen on Tuesday and Wednesday,

0:45.0

but that compared to the NASDAQ up 0.9%.

0:48.0

And the close, just shy of 500, is the all-time high close, as I said before before by about a dollar previously that was on

0:53.9

August 31st. The volume today was what we've kind of seen for the last few days

0:58.2

about 62 million shares so again basically double the volume that we've been seeing for the last month prior to the S&P announcement, but pretty much in line with the three month and 12 month averages.

1:09.0

All right, moving into the news, then we have an update here from Elon on Twitter about the full self-driving

1:13.1

beta actually a couple of them he replied to a tweet from a few days ago by Tesla

1:17.7

owner Silicon Valley he's one of the members of the full self-driving

1:20.2

beta and Elon says quote next week's release is special a lot of fundamental

1:24.8

improvements both important bug fixes and entire new areas of functionality

1:29.6

end quote so Tesla has continued to push these updates we heard from Elon earlier that they intend to do that

1:35.2

about every five to ten days but it does sound like this one will be even more significant and

1:39.7

Elon also added in a separate reply quote if, if next week's release looks good,

1:44.4

we will widen the beta, end quote.

1:46.5

So if you remember the original timeline

...

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