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MarketFoolery

“CEO of the Year” Race is Over

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 2 August 2018

⏱️ 17 minutes

🧾️ Download transcript

Summary

Tesla’s 2nd-quarter loss was its biggest ever, so of course shares are up 10% today. Emily Flippen and Ron Gross analyze the electric automaker’s results and near-term future. Plus, we discuss the latest from FitBit and Square, say goodbye to Brookstone, and wonder if Jack Dorsey should be handed the “CEO of the Year” trophy right now.

Transcript

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0:00.0

This episode of Market Foolery is brought to you by TD Ameritrade.

0:03.1

TD Ameritrade is reinventing how you invest, whether you want to place a trade on Facebook

0:08.0

Messenger or get market news from your smart speaker.

0:11.2

TD Ameritrade has everything you need to invest on your terms.

0:15.4

See what's new at TDimmeritrade.com.

0:17.1

Innovation.

0:20.6

It's Thursday, August 2nd.

0:21.6

Welcome to Mark Flory. I'm Chris Hill joining me in studio, August 2nd. Welcome to Mark Fulry.

0:23.0

I'm Chris Hill joining me in studio, Emily Flipping and Ron Gross.

0:27.0

Happy Thursday.

0:28.0

How you doing, Chris?

0:29.0

I'm doing fine because it's Thursday.

0:31.0

Is that a big day for you?

0:32.0

Yeah, just a little bit closer to the weekend.

0:35.0

Okay, that's all.

0:37.0

Okay.

0:38.0

We've got earnings.

0:39.0

We've got some sad news from the world of retail.

0:41.0

Maybe it's only sad for me and Ron. I don't know. We'll see.

0:44.8

Let's start with Tesla. Tesla had its worst quarterly loss ever. Tesla lost more than

0:52.0

700 million dollars in the second quarter and Ron stock is up nearly 10%.

0:57.0

Don't give me details. I do want to go on record as saying at the top that I have asked for my $1,000 deposit back from

...

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