TSLA's Worst Day Ever, $5B Raise Completed, Musk & Volkswagen, Delivery Wait Times (09.08.20)

➤ TSLA stock has its worst day in history, finishing trading -21% ➤ S&P announces index adjustments, but leaves Tesla and Zoom out of the S&P 500 index for the time being ➤ Tesla completes $5.0B capital raise through follow-on stock offering ➤ Elon Musk meets with Volkswagen CEO Herbert Diess in Germany, test drives VW ID.3 ➤ Diess shares thoughts on the Tesla Model Y ➤ Elon Musk discusses Giga Berlin, says vehicle production from the factory will involve changes to the core structural technology ➤ Tesla plans to have up to 8 casting machines at Giga Berlin ➤ Model S, Model X, and Model Y US delivery estimated pushed out to 10-14 weeks ➤ Lucid Air unveiling September 9th at 4pm PST Twitter: https://www.twitter.com/teslapodcast Patreon: https://www.patreon.com/tesladailypodcast Plaid producer Who Why Plaid producer Ice Lakes Investments Ludicrous producer Fred Hassen Executive producer Rish Singh Executive producer Jeremy Cooke Executive producer Nick Wood Executive producer Troy Cherasaro Executive producer Bradford Ferguson Executive producer Andre/Maria Kent Executive producer Jeff Sheets Music by Evan Schaeffer Disclosure: Rob Maurer is long TSLA stock & derivatives