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Tesla Daily: Tesla News & Analysis

TSLA Rockets, Giga Berlin Opens, & Elon Musk Shares Insane Growth Targets (03.22.22)

Tesla Daily: Tesla News & Analysis

Rob Maurer

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

4.81.1K Ratings

🗓️ 22 March 2022

⏱️ 13 minutes

🧾️ Download transcript

Summary

➤ Elon Musk’s comments at Giga Berlin explain why Wall Street is still not properly forecasting Tesla’s growth
➤ Tesla delivers first vehicles from Giga Berlin
➤ TSLA stock has best day in months
➤ Giga Fest Texas gets approved
➤ China delivery estimates extended again
➤ SEC responds to Tesla and Elon Musk in legal battle
➤ Nancy Pelosi discloses TSLA trading action
➤ CATL scouts battery factory locations in North America
➤ Nickel finally trades without halting on LME

Twitter: https://www.twitter.com/teslapodcast
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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 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, Rob Mauer here, and we've got an exciting day today for many reasons,

0:11.3

obviously Tesla stock doing quite well.

0:13.3

Giga Berlin finally opening up Elon Musk handing over the first vehicles there, and also

0:17.2

sharing some interesting insight on Tesla.

0:19.1

Also got updates on Giga Texas, news out of China, the SEC, and Tesla's back and forth,

0:23.9

and a couple other items as well.

0:25.2

Alright, the street continues Tesla today with its sixth Green Day in a row finishing

0:29.4

up 7.9% to close at $993.98.

0:33.8

This is the highest close for Tesla in over 2 months.

0:35.9

This was the best day for Tesla since January, and with the NASDAQ only finishing up about

0:39.7

2% today, Tesla has now passed the NASDAQ in terms of year-to-day performance, Tesla

0:44.0

down 5.9%, since December 31st, the NASDAQ down 9.8%.

0:49.5

So very impressive to see the overperformance from a high-multiple stock like Tesla during

0:53.8

a very challenging period for the market overall and especially for girl's stocks.

0:57.8

All that being said, do you want to bring in a little bit of context here because any

1:00.4

time Tesla does outperform to this degree, it's probably worth looking at other electric

1:04.0

vehicle makers, Rivian today up nearly the same amount, Neo similar as well, X-Pang and

1:08.6

Lucid also about 5% each.

1:10.4

So even though we do have the Giga Berlin opening today, I don't think it's just that,

1:13.6

I think there is obviously some macro movement here as well, pulling up EV makers, and other

1:17.3

girl's stocks as well.

1:18.3

I mean, the arch-innovation ETF today up about 5%, so it's not as simple as, oh, factory

...

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