Hey, Rob Ma'erre here and today we actually have a lot going on.

Hey everybody, Rob Maer here and today we actually have a lot going on.

We have a Tesla Bot update, actually a pretty quick one after the last one with a lot of progress from Tesla so we'll talk about that

We've got the FOMC meeting we've got EV tax credit changes in terms of how interpretations are being made for Tesla and quite a few other items.

We had a big recall from Tesla today, which over the Air Software update, but actually some interesting details on that as well.

So lots to go through.

Tesla stock up 1% on the day to day closing at

$239.29 cents. Still a bit of an underperformance to the NASDAQ up 1.4%

but less of a trail than we saw from Tesla early on in the day.

If we look at the charts for both, you can see the NASDAQ mostly flat

throughout the day, Tesla down,

around 2 o'clock Eastern time with the FOMC statement release. This is when things changed for the day and continued through close.

So we got to talk about that. If we look at the FOMC meeting statement, here is the previous meeting in November. Here is the statement now from

December. And you can see they changed the language here to say recent indicators

suggest that economic activity expanded at a strong pace in the third quarter.

Now to read that recent indicators suggest that the growth of economic activity has

slowed from its strong pace in the third quarter.

Right when I read that, I knew the market would be up by that, which it's counterintuitive, but with slowing economic activity, that means a greater chance of declining interest rates.

The market at this point in time is going to prefer that.

Of course, because the economic data is already there.

The interpretation of from the Fed of how that affects their interest rate decisions

is what the market is going to be looking at from a statement like this.

...