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Marketplace All-in-One

A stock pop and a stock flop

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 25 April 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

Join us tomorrow for Economics on Tap! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We’ll have news, drinks and play a round of Half Full/Half Empty.

It was a big week for tech earnings calls. Guest host Nova Safo unpacks how they went down for Tesla and Meta, and why the stock market reacted so differently to what their CEOs had to say. Plus, what Boeing’s troubles say about the state of U.S. manufacturing. And, would you try an AI-generated gin cocktail?

Here’s everything we talked about today:

Join us tomorrow for Economics on Tap! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We’ll have news, drinks and play a round of Half Full/Half Empty.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey Marketplace listeners, you know around here we like to think you're never too young to learn about the economy and financial basics.

0:05.6

That's why we're bringing the million bazillion live tour to school to teach important lessons about budgeting, investing, saving, and more.

0:12.8

It's all the fun of the podcast, but now live,

0:15.4

immersive and interactive.

0:17.4

Special thanks to our tour partner, Green Light,

0:19.8

the debit card and money app for kids and teens.

0:22.6

Learn more about Greenlight at greenlight.

0:24.6

dot com slash million.

0:26.4

That is Greenlight dot com slash million. Hello everyone I'm Kimberly Adams. Welcome back to Make Me Smart where we make today makes

0:39.8

sense. And I'm Nova Softo filling in for Kyres Dahl. Thanks everybody for joining us on this Thursday, April 25th.

0:47.0

Today we are going to listen back to some big news stories of the week. We've got some audio clips lined up. Don't worry, not of the Supreme Court today, which everybody else is listening to.

0:57.6

But some other stuff. Let's go ahead and get into it.

1:01.6

These new vehicles, including more affordable models, will use aspects of the next generation

1:06.0

platform, as well as aspects of our current platforms, and will be able to produce on the same

1:11.1

manufacturing lines as our current vehicle lineup.

1:14.0

Okay, so that's Elon Musk, Tesla CEO on his company's earnings call this week.

1:22.2

Listen, the company's earnings were terrible.

1:25.0

They've, their sales are down, their revenues are down, I think it's down the most in several years for a quarter.

1:34.2

And there were serious questions about the company's future

1:39.2

because there were these reports that it's abandoning the idea of making a specific low-cost

1:47.0

model, new model of Tesla and I think this was going to be called the model two and instead is focusing on

1:57.7

robot taxis.

...

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