Musk Announces New Chief Twit, Tesla Rises
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 12 May 2023
⏱️ 8 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:07.0 | Good morning. Today is Friday, May 12th, and I'm your host Julie Morgan. |
| 0:11.0 | Elon Musk makes a surprise announcement. |
| 0:14.5 | He says he's found a new Twitter CEO. |
| 0:17.2 | Tesla investors react positively. |
| 0:20.3 | The meeting between Biden and congressional now set for next week. |
| 0:28.0 | Peloton announces a recall following the announcement the stock drop nearly 9%. |
| 0:34.0 | As we get into the show remember you can always find the links to all the stories we talk about on the show in show notes |
| 0:41.0 | and our daily Seeking Alpha Wall Street breakfast articles. |
| 0:46.0 | Elon Musk announced that he's hired a new CEO to lead Twitter, a new chief twit. |
| 0:51.4 | He tweeted Thursday afternoon that she will be starting in about six weeks. |
| 0:56.2 | Of course the digging began as soon as the announcement was made. |
| 0:59.7 | The Wall Street Journal is reporting that NBC Universal ad chief Linda |
| 1:04.0 | Yacharino is in talks to become Twitter's next CEO. Yacharino interviewed |
| 1:08.7 | Musk on stage at an event last month. In the tweet the Tesla CEO went on to say that his role would transition to be an executive |
| 1:16.8 | chair and chief technology officer. |
| 1:19.5 | Following the announcement, the Tesla stock jumped 2.6% on Thursday and closed the day up 2.1% and is up 1.3% pre-market. |
| 1:30.0 | This is definitely a story that has you talking in the comments on Seeking Alpha. |
| 1:34.5 | More than 125 comments thus far, including exactly what Twitter needed, and now Tesla can make |
| 1:40.9 | us money again. |
| 1:42.2 | Be sure to leave your comment as well. |
| 1:45.2 | The US debt limit gathering initially set for today |
... |
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