Apple and Tesla start 2023 on the wrong foot
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 4 January 2023
⏱️ 10 minutes
🧾️ Download transcript
Summary
Downing Street says Britons could struggle to access healthcare this winter, Tesla and Apple shares both fell because of production issues in China, and retail investors are pouring into risky commodities markets.
Mentioned in this podcast:
Downing Street admits Britons will struggle to access the NHS
Tesla shares slide after deliveries fall short of Wall St expectations
Apple’s market value falls below $2tn as tech rout hits iPhone maker
Commodities trading boom raises fear of big losses among retail investors
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The FT News Briefing is supported by Equinole, the UK's energy partner. |
| 0:06.3 | Learn more at equinole.co.uk |
| 0:09.9 | Good morning from the Financial Times. |
| 0:11.3 | Today is Wednesday, January 4th, and this is your FT News Briefing. |
| 0:18.2 | The UK says the country's health service is overwhelmed but is getting properly funded. |
| 0:23.6 | Tesla and Apple stocks took a beating on the first trading day of the new year, |
| 0:27.9 | plus retail investors are pouring into the commodities market. |
| 0:32.1 | It may have some unintended consequences. |
| 0:35.2 | So there are people who are not sure that allowing people to bet on what is essentially |
| 0:40.4 | the livelihood of farmers is the right thing to do. |
| 0:44.2 | I'm Mark Filipino and here's the news you need to start your day. |
| 0:48.0 | Downing Street |
| 0:54.0 | Downing Street has admitted that some people could find it very difficult to access the NHS this winter. |
| 0:59.8 | UK Prime Minister Rishi Sunak is giving a speech today. |
| 1:02.9 | He'll try to set out his vision for the country in 2023 as it faces a health crisis that's |
| 1:08.5 | getting worse. Downing Street has said Sunak was confident the NHS had the funding and needed. |
| 1:14.3 | Health leaders said the NHS is facing the worst crisis in its history. |
| 1:18.8 | Reports show that waiting times for admission to emergency departments have reached unprecedented |
| 1:24.1 | levels. An analyst told the FT that the combination of healthcare workers strikes the pandemic |
| 1:30.0 | and a decade of budget cuts means that it doesn't take much to push the system over the edge. |
| 1:36.4 | Tesla Stock |
| 1:41.4 | Tesla Stock fell more than 12% yesterday. It seems the market was responding to Monday's news that |
... |
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