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Tesla Daily: Tesla News & Analysis

TSLA Stock Rallying, Volkswagen Turns to Elon Musk, Model X Deliveries, Germany Energy Plan (10.18.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

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

4.81.1K Ratings

🗓️ 18 October 2021

⏱️ 12 minutes

🧾️ Download transcript

Summary

➤ Volkswagen CEO invites Elon Musk to speak to top VW management
➤ TSLA stock continues to rally towards all-time high
➤ Tesla begins delivering refreshed Model X
➤ Tesla partners to launch electricity plan in Germany
➤ Update on EV tax credit status
➤ Foxconn unveils EV plans

Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283

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

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody, we're off now, we're here as we kick off Tesla earnings week with a

0:10.9

very exciting start to the week for Tesla Stock, of course we'll talk a little bit about

0:14.4

that.

0:15.4

Then we've also got some more updates on Volkswagen and conversations that they have had

0:18.6

with Elon Musk, big news on the Refresh Model X, news on Tesla Energy and a couple other

0:23.4

stories as well.

0:24.4

Alright, so after Tesla Stock, last week saw five green days in a row, culminating in a

0:29.0

7% increase for the stock last week.

0:31.1

The strength continued today, Tesla finishing up 3.2% to $870.11 on the day, extending that

0:38.3

streak to six green days in a row as we approach earnings.

0:41.7

And with that close above $870 per share, that is a top five close for Tesla all time.

0:47.7

With this run, Tesla has now conclusively passed the NASDAQ for a year-to-date performance.

0:51.9

If you look at Google, they're showing Tesla up 19.2% versus the NASDAQ 18.3% on the

0:56.8

year.

0:57.8

Turns out, they don't actually calculate that how I would, which would be based on the

1:00.7

closing prices from last year.

1:02.6

Using those prices, the NASDAQ drops to 16.5% year-to-date versus Tesla up 23.

1:07.4

So, obviously quite a bit of excitement heading into earnings aftermarket close on a Wednesday.

1:12.0

Some analysts have come out with notes over the last few days, Dan Ives today talking

1:15.2

about how he expects an earnings beat across the board on the key three report.

1:19.2

So I think analyst estimates are increasing, but even more than that, I think probably

1:22.5

of the quote-unquote whisper number or actual expectations are probably increasing even

...

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