4.8 • 1.1K Ratings
🗓️ 4 November 2021
⏱️ 10 minutes
🧾️ Download transcript
➤ Stock markets, TSLA stock rise after Federal Reserve meeting
➤ Details on reported Tesla / Uber partnership
➤ Factory rumors for Tesla in China
➤ Tesla Canada shares video highlighting employees and various projects
➤ Internal Volkswagen conflict continues
➤ Rivian IPO filing reveals new details
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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
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0:00.0 | Hey everybody Rob, now we're here and today we've got a relatively quieter news day for |
0:11.3 | Tesla just a few stories to go through and we did of course have some excitement with |
0:15.2 | the stocks. |
0:16.2 | We'll talk about that as the Federal Reserve did meet today as we talked about earlier |
0:19.6 | this week. |
0:20.6 | Then we've got a news item on Uber and Tesla, a couple of updates in China and some interesting |
0:25.0 | things on Volkswagen and Rivian but again should be a relatively shorter episode today. |
0:30.4 | So looking at the stock kind of a low volume up and down morning but things did pick up |
0:34.4 | in the afternoon. |
0:35.4 | Tesla finishing up 3.6% to $1213.79. |
0:40.0 | This is an all time high close for Tesla and the days high which was a couple dollars |
0:44.2 | higher was an all time intraday high but of course we did see higher prices in after |
0:48.6 | hours on Monday. |
0:50.4 | So that pick up an action that we did see this afternoon that of course coincided with |
0:54.0 | the Federal Reserve meeting minutes being released and Jerome Powell speaking shortly |
0:58.3 | thereafter. |
0:59.3 | So you can see a rise across the market at that time whether you're looking at S&P Dow |
1:02.7 | or NASDAQ or of course Tesla. |
1:05.6 | So obviously relatively well received update from the Fed by the market. |
1:09.0 | The Fed did announce that they will begin tapering back bond purchases right now that sits |
1:13.1 | at $120 billion a month and that's pretty much been the case for around the last year |
1:17.3 | and a half. |
... |
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