4.8 • 1.1K Ratings
🗓️ 26 April 2022
⏱️ 13 minutes
🧾️ Download transcript
➤ TSLA stock crashes in worst day for Nasdaq in over a year
➤ New 13D filing provides more details on Musk’s Twitter financing
➤ Discussing margin call risk in relation to the Twitter acquisition
➤ Rumor on Tesla stock split
➤ Tesla files 10-Q quarterly filing
➤ Elon Musk meets with Indonesian officials on battery supply
➤ India discourages importing Teslas from China
➤ The New York Times and FX partner on Musk documentary
➤ Ford starts production of F-150 Lightning, talks EV goals
Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
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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
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0:00.0 | Hey everybody Rob now we're here and of course today we're going to be talking about Tesla |
0:10.5 | Stock pretty rough day and the market's overall, we also got an updated 13D filing from Elon Musk |
0:15.2 | in regard to the acquisition of Twitter, Tesla's also filed their 10Q quickly filing |
0:19.5 | for the first quarter, we got a rumor around the stock split, news on India and Indonesia |
0:24.3 | and a couple other items as well. |
0:25.9 | Alright so looking at the stock awful day in the markets today, Tesla down 12.2% to close at |
0:30.2 | $876.42 and the NASDAQ finishing down 4% this is the worst day for the NASDAQ since September |
0:37.2 | of 2020, so about a year and a half, I was curious and I went back and looked at how this performance |
0:41.4 | for the NASDAQ today stacked up all time, this is in the 99.26th percentile for worst days for |
0:46.7 | the NASDAQ ever. |
0:47.7 | The NASDAQ's closing price today down to the penny also a 52 week low, so Tesla not really |
0:52.4 | getting any help here from the macro environment, people of course looking for a reason for this |
0:56.4 | performance and I'm seeing a lot of attribution to rising COVID cases in China concerns around |
1:00.9 | possible further lockdowns and factory closures and things like that, and then just of course a |
1:04.6 | risk off environment as we head into a big week for earnings as we talked about yesterday, so |
1:08.8 | Google reported after hours they ended up missing Microsoft thankfully beat, and then GM also |
1:13.3 | reported after hours they beat on earnings per share but missed on revenue. |
1:17.2 | So a shopping market definitely not helping Tesla out, but at the same time of the NASDAQ 100 |
1:21.2 | Tesla was the worst performer today, it was also the highest volume day for Tesla in a couple |
1:25.5 | of months, about 45 million shares traded, so probably some other things going on with Tesla |
1:29.4 | specifically aside from just the macro environment. Now what exactly is going on, that's anybody's best |
1:34.1 | guess, but the obvious first question would be, okay, is some of this a result of Elon Musk |
... |
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