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CNBC's "Fast Money"

Mary Barra on GM’s Partnership With Tesla, and Why Businesses Are Leaving San Francisco 6/8/23

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.91.3K Ratings

🗓️ 8 June 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

Shares of GM jumping after announcing a partnership with Tesla on EV charging stations. We’re joined by the CEO of GM to talk the news. Plus Hilton joining Nordstrom and Whole Foods in closing up shop in San Francisco. But should they be giving up on the Bay City? Fast Money Disclaimer

Transcript

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0:00.0

Right now on Fast Tesla's new charging partner, the EV giant inking a deal with GM, the

0:06.4

automaker to its network of charging stations, both stops higher after hours, the details

0:10.6

of this tie-up, and a live exclusive with GM CEO Mary Barra coming up.

0:15.0

Plus West Coast walk away, a major hotel operator decided to stop paying back loans on two massive

0:20.7

hotels in San Francisco, with retailers closing through to crime and office buildings still

0:25.0

reeling from the pandemic, is there a path to bring the base city back from the brink.

0:29.4

And later, the air in the northeast may be starting to clear, but the insurance industry

0:33.3

is hardly breathing a sigh of relief, a look at the summer fears beyond these Canadian

0:37.8

wildfires.

0:38.8

All that, and a chart of the day, from the scrap heap to firing in all cylinders, is

0:43.2

this move too good to be true?

0:45.2

I'm Melissa Lee, this is Fast Money, we're live at the Nasdaq Market Site on the Destiny

0:48.7

Night, Tim Seymour, Karen Fighterman, Dan Nathan, and Guy Eddami, and we start off with

0:52.8

that major EV charging partnership between General Motors and Tesla, GM announcing about

0:57.4

a half hour ago, a special deal to use Tesla's North American Charging Network and Technologies.

1:02.8

Tesla and GM shares both getting a boost on the news here.

1:06.0

Philip Bow joins us now with a CMBC exclusive interview with GM CEO Mary Barra.

1:10.4

Phil.

1:12.4

Thank you, Melissa.

1:13.4

Let's bring in Mary, joining us from Detroit.

1:15.0

Mary, I just heard the Twitter space's conversation you had with CEO of Tesla Elon Musk.

1:20.8

Why not?

...

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