Hey everybody Rob Mower here and today we were talking about the macro environment as well as a couple pieces of Tesla news. We have some exciting news on

model Y to get to, but I do want to start out with the macro environment again.

Tesla stock on the day, another rough day finishing down 11.6% to $560.55. That compared to the NASDAQ down 9.4% on the day. And furthermore, in after hours, Tesla today is down another 7.4% to $ 319. Really rough things continue to get worse for the

macro environment. I think unfortunately things are only going to continue on that path over the next couple of weeks.

We talked about a lot of this yesterday, but in terms of macro environment news today, we have

Disney closing their parks, we have Universal Orlando closing their parks. We have Universal, Orlando closing their parks. The

NCA has cancelled March Madness, all spring tournaments for men's and women's sports.

So yesterday we had talked about the fact that they were excluding fans no surprise to see that happen today

Obviously those events bring a lot of travel on

The NHL has postponed that their season the MLB has postponed to the start of their season at least 30 days.

We're now seeing Norway and Denmark Institute lockdowns similar to what we have seen in Italy.

I think it's only a matter of time before the situation in the US

evolves to be at that level and I think we're only going to continue to see more

and more action over the next few days. I mean even just looking at schools in Seattle yesterday we talked about how all public

schools were closed two weeks, now today, one day later, they're now all closed six weeks. So again we continue to see this progressing and

based on what we have seen in other countries that are further along this

virus development curve, it's only going to get worse and worse.

I mean, in Italy, there have been nearly 400 deaths

just in the last two days from virus that have been confirmed.

So if we assume that that's going to be the situation in the US in a couple of weeks and you could argue that the health characteristics or the demographics are different in the individual countries but regardless the virus is progressing and if the US is in a

similar situation in a couple weeks like the data is projecting right now the US has about

five and a half times the population of, so you could be looking at a thousand deaths per day in a situation like that and

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