4.8 • 1.1K Ratings
🗓️ 25 September 2019
⏱️ 12 minutes
🧾️ Download transcript
– TSLA stock finishes -7.5% on the day
– House of Representatives announce impeachment inquiry
– Looking into the the recently published un-redacted plaintiff’s case in a Solar City lawsuit (Link)
– Volkswagen management faces charges for market manipulations related to emissions scandal
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Ludicrous producer Bradford Ferguson
Executive producer Rob Gill
Executive producer Jeremy Cooke
Executive producer Nick Wood
Executive producer Fela Winkelmolen
Executive producer Troy Cherasaro
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
The post TSLA, Solar City Lawsuit, More Emissions Scandal Fallout, Impeachment Inquiry (09.24.19) appeared first on TechCast Daily.
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0:00.0 | Hello and welcome to the Tuesday September 24th 2019 edition of Tesla Daily on |
0:11.8 | official Tesla Podcast. My name is Rob Maower. Today we are talking |
0:15.2 | a little bit more about the recently unsealed Solar City lawsuit documents, a new Dieselgate |
0:20.0 | development, and why Tesla stock was down 7.5% today. Pretty tough day with |
0:25.0 | Tessa falling to $223.21 down $18 per share that compared to the |
0:31.4 | NASDAQ down 1.46%, so definitely at least a piece of this being |
0:35.8 | driven by the macro environment. Other high at multiple companies or unprofitable companies |
0:40.5 | had similarly tough days with lift finishing down 7.5% on the day. |
0:45.0 | Uber down 5.2% Twitter down 4.5% Spotify down 4% |
0:51.0 | Netflix down 4.3% Shopify down 5.7%, etc. But a lot of these high growth |
0:56.7 | companies taking a big hit today. Always like to check in on the other |
1:00.3 | automakers to you on days like today. So GM was down 1.3, forward down 0.6, and Fiat Chrysler |
1:06.6 | down 3% even. So still down, but definitely seems to be more of a rotation out of growth than |
1:12.4 | out of auto. |
1:13.5 | Of course the big news today from a macro perspective was Democratic Speaker of the House |
1:17.3 | Nancy Pelosi announcing an official impeachment inquiry into President Trump. |
1:22.7 | This is the first of many steps into an impeachment process |
1:25.9 | to get a better understanding of what an impeachment inquiry truly is. |
1:29.6 | Politifact.com says, quote, |
1:32.0 | generally speaking, once the full House authorizes an impeachment inquiry, |
1:35.9 | the House Judiciary Committee has taken the lead in conducting an investigation, holding hearings |
1:40.6 | on proposed articles of impeachment |
... |
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