TSLA, Berlin Expansion, Shanghai Production, Twitter Updates, Starlink (05.05.22)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 6 May 2022
⏱️ 12 minutes
🧾️ Download transcript
Summary
➤ Markets remain volatile as Nasdaq drops five percent to 52-week low
➤ Tesla reportedly seeking additional land to expand Giga Berlin
➤ Report on Giga Shanghai production level
➤ Tesla publishes Moss Landing video
➤ Elon Musk files updated Twitter paperwork disclosing new investors
➤ CNBC reports on Twitter CEO
➤ SpaceX announces new Starlink feature
➤ The Boring Company begins initial work on Austin-area project
➤ Lucid reports first quarter earnings
Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283
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
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| 0:00.0 | Hey everybody, Rob Mauer here, and today we are going to be talking about Tesla's expansion |
| 0:11.3 | plans in Germany. |
| 0:12.3 | We also got updates on Tesla in China, Tesla Energy. |
| 0:15.1 | We've got a couple of big pieces of news on Twitter, which we'll have in locations |
| 0:18.4 | for Tesla, news on Starlink the Born Company, and a couple other items as well. |
| 0:22.3 | Alright, well what to say about the market today? |
| 0:25.1 | It can be a fickle beast in the NASDAQ today finishing down 5% Tesla down 8.3% |
| 0:29.9 | closing at $873.28, so about an $80 drop in a share price, but basically just taking |
| 0:35.6 | the stock back to where it was on Friday. |
| 0:38.2 | So the volatility continues, CNBC didn't even really have an explanation for the drop |
| 0:42.1 | today, which is a rarity from them. |
| 0:44.1 | And I also had to laugh a little bit at this article from Yahoo Finance with the headline |
| 0:47.6 | of why the stock market is getting thrashed after rallying on Fed Hike, and they say |
| 0:51.8 | that quote, |
| 0:52.8 | It now appears that after a few hours of deep thought, traders have formed a more lasting |
| 0:56.6 | near-term view that the Fed is far from dovish, has let inflation get enough control, and |
| 1:00.5 | is still poised to dramatically slow down the economy through a series of 50 basis point |
| 1:04.4 | rate increases. |
| 1:05.4 | End quote. |
| 1:06.4 | So nothing new in there, other than as they say, a few hours of deep thought. |
| 1:10.5 | At any rate, the NASDAQ did hit new 52 week lows today and closed at the lowest price |
| 1:14.6 | in the last year as well. |
... |
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