4.8 • 1.1K Ratings
🗓️ 25 April 2022
⏱️ 14 minutes
🧾️ Download transcript
➤ Twitter announces unanimous board decision to accept Elon Musk’s acquisition offer
➤ Conversations between Elon Musk and Saudi PIF revealed in new court documents
➤ Leaked Bill Gates texts to Elon Musk confirm TSLA short position
➤ Avis adds Tesla vehicles to rental fleet
➤ Ford shares F-150 Lightning production target
➤ The Boring Company announces Hyperloop plans
➤ Scheduling update
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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
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0:00.0 | Hey everybody, Rob Mauer here. Welcome back to Tesla Daily. Today we have quite a bit |
0:11.0 | to go through. We'll start off with Twitter, of course Elon Musk's bid for Twitter has |
0:14.2 | been accepted by the Twitter board of directors. Tesla stock took a little bit of a hit |
0:17.3 | as that news was coming out. We'll talk about that. Then we also have a number of leaked |
0:21.0 | text messages from Elon Musk both in regard to the funding secured saga and also Bill Gates |
0:26.0 | shorting Tesla. Then we also have a handful of other stories as well. |
0:29.4 | Looking at the market's Tesla today starting off the week with a pretty significant |
0:32.0 | underperformance finishing down seven tenths of a percent to close at $998.2, while the |
0:37.2 | NASDAQ was up 1.3% on the day. Tesla had been trading a little bit below the NASDAQ for |
0:41.5 | most of the day but definitely took a bigger hit when the Twitter deal was announced. |
0:45.4 | We'll talk a little bit more about that in a second but just as far as the market is concerned, |
0:49.2 | this is a big week for tech earnings. So Google earnings are on Tuesday, meta, slash |
0:53.0 | Facebook on Wednesday, Amazon on Thursday and Apple on Thursday as well. So those results |
0:57.1 | will be heavily influential on how the NASDAQ overall is trading. I think the Amazon earnings |
1:01.5 | could be potentially a little bit concerning in terms of how they affect the overall market |
1:04.9 | because as we talked about last quarter, Amazon was boosted significantly by the valuation |
1:09.2 | of Rivian at that time and Rivian since then has tanked. They're going to have to mark |
1:13.0 | that down. That'll have a significant negative impact on their earnings per share that |
1:16.8 | their report. So hopefully that's priced in. Hopefully that's expected. But the same |
1:20.0 | situation in reverse last quarter seemed to help a little bit. So we'll see. The same |
1:23.8 | is also going to apply for Ford when they report earnings as well. All right. So getting |
1:28.2 | to the Twitter news Twitter announced an oppressed release about an hour before market close |
... |
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