Lucid’s Launch; Crypto Chronicles; Who is Watching the Olympics?

Squawk Pod

CNBC

Investing, Business News, News, Business

4.2 • 543 Ratings

🗓️ 26 July 2021

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Luxury electric vehicle maker, Lucid Motors, debuts today under the ticker LCID. Lucid’s first electric vehicle, the $77,000 Lucid Air, is expected to be delivered to customers in the second half of 2021. Peter Rawlinson, chief executive officer at Lucid Motors, discusses the trading debut and the future of electric vehicles. Ratings for the Olympic Games’ opening ceremony were down 36% compared to 2016. Axios Media Reporter, Sara Fischer, and CNBC’s Jabari Young weigh in on the ratings, logistical challenges, and the latest news from Tokyo. Bitcoin surged to its highest level since mid-June today, trading as high as nearly $40,000, after a recruitment ad suggested that Amazon may start accepting the cryptocurrency for payment. Plus, CNBC’s Eunice Yoon reports on the tensions between the U.S. and China …. and Joe Kernen is taking his bets. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music please.
0:03.0	This is Squagpot. I'm the NBC producer Zach Felici.
0:08.0	Today on our podcast.
0:10.0	Bitcoin bounces back as Amazon might be entering the crypto sector.
0:14.4	Almost looked like short covering or something with the speed of the snap back.
0:18.8	Electric vehicle startup, Lucid Motors, is set for its public debut.
0:23.4	CEO and Chief Technology Officer Peter Rawlinson.
0:27.2	I don't actually believe there is a market for EVs.
0:30.4	I think there's a market for cars and the more penetration that EVs can make in all
0:35.4	sectors the better it is for the environment.
0:38.8	Ratings for the Olympic opening ceremony were down 36% compared to 2016.
0:44.0	Axios media reporter Sarah Fisher says times have changed.
0:48.0	As people have transitioned to streaming throughout the pandemic,
0:51.0	they're not watching live linear TV shows as much as they used to.
0:54.7	But Unity is more important than ever.
0:57.1	CNBC sports business reporter Jabari Young. From the Olympic standpoint it's just
1:01.7	good to get out of the negative COVID headlines and to start to celebrate and get to know some of these athletes.
1:08.0	It's Monday, July 26, 2021. Squack Pod begins right now.
1:14.0	Stand under by in three, two, one, few handers.
1:18.6	Good morning and welcome to Spock Box right here on C.N.
1:20.6	I'm Andrew Ross, soorking along with Joe Kern and Becky's off today. Two big... right here on cn't b cnbe c i'm anguocork and
1:22.8	kurt and back he's off today two big market themes this week we're going to be
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.