Tesla Daily: Tesla News & Analysis · Rob Maurer

Musk Discussion with Cathie Wood, Cybertruck Orders, 4680 Production, Toyota, Ford (12.21.23)

·17 min

Rob Mauer opens with a market check and notes Tesla's 3% gain to $254.50. The NASDAQ also closes stronger, up about 1.25%. He treats most of the move as macro-driven. He then turns to Elon Musk's X Spaces discussion with Cathie Wood of ARK Invest. Wedbush's Dan Ives has raised his Tesla target from $310 to $350. The upgrade leans on a more upbeat view of EV share gains and margin stabilization in 2024. Ives also says Tesla could reach a $1 trillion market cap in 2024. Mauer is more interested in the margin and share comments than the big headline number. He ties that optimism to other automakers pulling back parts of their EV plans. Musk also suggests X payments could roll out by the middle of next year, with California and New York still gating the rollout because of their scale. Mauer flags that timeline as one to watch rather than a finished plan. The episode then shifts to Cybertruck order invitations. Tesla has issued another wave of invitations to reservation holders. The tracker now shows 249 people ordering through that process, up from a stretch when the count was stuck around 170. The latest wave pushes the total to about 250. He notes that the orders still appear to be limited to employees for now. Some reservation holders are reportedly able to configure directly from their accounts even without seeing an email. He then addresses a Reuters piece about Cybertruck deliveries and 4680 battery production. His read is that the headline is too literal and the situation is more nuanced than the wording suggests. The episode closes with quick notes on Toyota, Ford, and the possibility that dealer-model shifts could create more room for direct-sales approaches in the future.

As heard by us

A practical Tesla update that balances market context, Cybertruck progress, and the line between confirmation and inference.

Rob Mauer spends the episode tracking a move from Elon Musk's discussion with Cathie Wood on X Spaces into Cybertruck updates, then ends with notes on Toyota, Ford, and a few other items. The focus stays practical.

Read the full review in PlayNext →

Why you'd press play

Get a fast read on Tesla's stock move, the upgraded Wedbush target, and the latest Cybertruck and 4680 battery updates.

Read the full recommendation in PlayNext →

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