Planned Production Shutdown, Leaked Emails, Refresh Speculation, VW Update (12.14.20)

➤ Leaked email from Tesla discloses planned production shutdown for Model S and Model X ➤ Analysis on whether Tesla is finally refreshing their high-end vehicles or not ➤ S&P announces TSLA’s addition to the S&P 100 index and which company TSLA will replace in the S&P 500 ➤ Elon Musk pushes for higher production and notes robust demand in leaked email to Tesla employees ➤ Tesla reportedly begins offering 1 year of free Supercharging on Model 3 and Model Y vehicles delivered before year-end ➤ Jefferies downgrades TSLA stock while raising price target ➤ Volkswagen announces board reorganization and management changes following series of meetings with Diess

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Disclosure: Rob Maurer is long TSLA stock & derivatives