5 Things to Know Before the Opening Bell 6/11/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 11 June 2025

⏱️ 2 minutes

🔗️ Recording | iTunes | RSS

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Summary

The 5 things you need to know before the stock market opens today: Elon Musk apologizes (?), Tesla readies its robotaxi, U.S. and China trade talks hit a potential resolution, a federal appeals court allows some of President Trump’s tariffs to remain in effect, and Treasury Secretary Scott Bessent could be eyeing a new job. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format.

Transcript

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0:00.0	Hi, I'm Becky Quick, co-host of Squawk Box.
0:04.9	Today I'm with Joe Kernan, and this is Five Things You Need to Know before today's opening bell.
0:10.3	Elon Musk, walking back his criticism of President Trump,
0:14.0	and a post on X just after 3 a.m. Eastern time, he wrote,
0:17.8	I regret some of my posts about President Trump last week. They went too far.
0:22.6	Still up or like us awake? Hard to know with him. With President Trump, I would say,
0:30.3	waking up early. With Elon Musk, I think it's harder to say. Yeah. I think he's still up,
0:35.8	don't you think? Probably.
0:38.1	Probably.
0:38.5	I don't know.
0:40.7	Maybe he doesn't sleep at all.
0:41.5	My guess is.
0:42.9	Yeah, he doesn't have it normal.
0:44.3	Although, I take that back.
0:48.2	He had said at one point that he was, he had said at one point that he wants to get at least six hours of sleep.
0:48.8	He did? He tried less than that, and it was suboptimal. Sleeps under desks at his factories. But he has made some comments about how.
0:55.0	If sleep does anything for synapses or neurotransmitters, he needs to, no, he, especially,
1:01.0	and he needs to sleep.
1:02.0	His are firing pretty rapidly.
1:04.0	Separately, Elon Musk said that Tesla's Robotaxy Service is tentatively set to launch in Austin,
1:10.0	Texas on June 22nd.
1:12.0	But he said they are being super paranoid, in his words, about safety so that they could shift.
	...

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