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Tesla Daily: Tesla News & Analysis

TSLA Rebounds, California's Phased Re-Opening, Autobidder, Daimler Software (05.04.20)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 5 May 2020

⏱️ 11 minutes

🧾️ Download transcript

Summary

➤ TSLA stock recovers from Elon Musk's tweet saying the stock price was too high
➤ California works to move into Phase 2 of the re-opening process
➤ Morgan Stanley increases Tesla price target
➤ Tesla energy news in the UK
➤ Tesla Autobidder software
➤ Daimler reportedly exploring software partnerships with BMW & Volkswagen (https://translate.google.com/translate?sl=auto&tl=en&u=https%3A%2F%2Fwww.sueddeutsche.de%2Fauto%2Fbmw-daimler-vw-software-id3-1.4856930)

Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast

Executive producer Rish Singh
Executive producer Jeremy Cooke
Executive producer Nick Wood
Executive producer Fela Winkelmolen
Executive producer Troy Cherasaro
Executive producer Bradford Ferguson
Executive producer Andre Kent
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 Rob Maower here and today we are talking about the quick bounce back for Tesla stock.

0:12.4

We also have some news on the shelter and place

0:13.8

orders in California and some topics on batteries energy and competition for Tesla

0:18.2

to discuss. Tesla stock on the day on Monday did finish up 8.5% to $761.19 that compared to the NASDAQ up 1.2%.

0:28.0

So Tesla pretty much getting back to where it was prior to Elon tweeting that he thought the stock price was too high. I think people over the weekend, as we always talk about, had some time to

0:37.3

contextualize this tweet from Elon and had some opportunity to understand that he has said this many

0:42.4

times in the past.

0:43.3

He also added a clarifying tweet after market close on Friday in response to somebody asking,

0:48.6

quote, can you please just state your account was hacked?

0:50.8

You're killing every investor that invested in you in Tesla right now."

0:54.0

Elon replied, saying, quote, as always, I'm optimistic about Tesla long term, end quote.

1:00.1

At this point we've talked about this pretty extensively both with Dave Lee on YouTube on a live stream on Friday.

1:05.3

So check that out if you missed it. And then on the third row this weekend, they brought me on and we had about an hour and 10 minute discussion on Tesla's overall business and their financial

1:14.0

position. So check that one out as well and thanks to both of those channels for hosting me.

1:17.3

But look Elon is optimistic on the long term. I'm optimistic on the long term. That's what

1:21.9

most Tesla investors are investing in

1:23.3

Tesla for obviously. So yeah I would rather that not have been tweeted but it

1:27.4

doesn't make much of a difference to me. Elon is subject of a lot of criticism

1:31.2

naturally just based on his financial position.

1:33.2

That scrutiny becomes heavier when he's pushing for the economy to open back up in this type of an environment.

1:38.0

A lot of people saying he's doing it just for the stock price or just for his own financial gain.

1:42.0

Elon is trying to show that that's not true.

...

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