Explaining Musk’s “Gigantic Money Furnace” Comments + Tesla Shanghai Confusion (06.22.22)

➤ Elon Musk discusses Tesla’s production challenges, cash burn, FSD, and Cybertruck in new interview (https://youtu.be/u5w_VkAx6tc) ➤ Multiple reports on Giga Shanghai shutdowns cause confusion ➤ Morgan Stanley lowers TSLA price target ➤ CFRA calls TSLA drop a generational opportunity ➤ Tesla heavily recruiting at computer vision conference ➤ Update on Model Y pricing ➤ News on a possible EV tax credit ➤ The Boring Company looks to build tunnel in Giga Texas area

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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