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Tesla Daily: Tesla News & Analysis

TSLA Closes Strong, Split Speculation, Tesla Energy, Berlin, Biden, Lawsuits (11.19.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

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

4.81.1K Ratings

🗓️ 20 November 2021

⏱️ 14 minutes

🧾️ Download transcript

Summary

➤ TSLA stock finishes the week up 10%
➤ Speculation running rampant of potential TSLA stock split
➤ Wedbush Securities raises TSLA price target
➤ Tesla discloses Powerwall installations
➤ New Megapack project in the UK
➤ Giga Berlin activity update
➤ Budget containing US federal EV tax credit moves to next step
➤ President Biden comments on EV progress
➤ Tesla updates Model 3 in China
➤ Updates on lawsuits against Tesla
➤ New Tesla app update
➤ Volkswagen production
➤ SpaceX update
➤ Schedule update

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

Plaid producer Who Why
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Jeffrey Yu
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

Click on a timestamp to play from that location

0:00.0

Hey everybody, we're off hour here. Welcome back to Tesla Daily. Today we're going to

0:11.2

be catching up on the news over the last couple of days. Luckily it has been relatively

0:15.1

quiet. I've seen a lot of discussion relating to a potential stock split, a lot of numerology

0:20.4

going on while I've been traveling in the last couple of days. We'll also get it caught

0:24.1

up on the Elon Musk stock sale. We've got plenty of news on Tesla Energy both on the

0:27.8

Powerwall and MegaPakSide, a new street high price target for Tesla updates on Gigabur

0:32.3

Lynn, the budget. A bunch of other stuff, let's get into it. We'll start off with the stock

0:36.4

which has had a couple of pretty good days here, finishing up 3.7% today to close out the

0:40.7

week at $1,137.6, an Aztec today finished up 4.10% of a percent. And then for the week

0:47.1

overall, Tesla actually finishing up 10%. So since the now infamous stock sale Twitter

0:52.8

survey, Tesla stock is only down 7% since then. Reminder next week, the Aztec will

0:58.4

be closed on Thursday and observance of Thanksgiving and then it'll close early on Friday

1:03.0

as well.

1:04.0

Alright, let's quickly get currents on Elon Musk stock sale. This could definitely change

1:07.6

if there are more form 4s coming out tonight. Oftentimes that does happen as I'm publishing.

1:11.6

So this may change, but current as of market closed today, Elon so far has sold a little

1:16.6

bit more than 8.2 million shares. And the last couple of batches have been from option

1:21.6

exercise tax covering sales. So we already talked about the Monday one, but we now have

1:25.6

one from Tuesday as well, very similar. But now for the last few days, we haven't had

1:29.6

a form 4. So again, that could change tonight, but there may have been a couple of days here

1:33.7

that actually had no selling. If there wasn't any more selling, this week could potentially

1:37.8

end up with just about 1.8 million shares sold versus a little over 6 million last week

...

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