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Bloomberg Technology

Red Sea Shipping Disruption and Tesla's China Price Cuts

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 12 January 2024

⏱️ 42 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down what the Red Sea disruption following the US and UK strikes on Houthi targets means for the global supply chain. Plus, Tesla shuts down its German plant amid the disruption.

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Transcript

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0:00.0

Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

0:09.0

Take part in solutions driven discussions on how to drive business value and unlock opportunity

0:14.8

while remaining nimble in times of change and greater ESG accountability.

0:19.5

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

0:24.0

That's Bloomberg Live.com slash sustainable Biz Singapore.

0:28.0

From the heart of where innovation, money and power collide in Silicon Valley and beyond,

0:36.0

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. not low. I'm Caroline Hyde at Bloomberg's world headquarters in New York.

0:57.0

And I'm Ed Lovelow in San Francisco, this is Bloomberg Technology.

1:00.0

Coming up, shipping merchants, they halt Red Sea trips after the US and UK strike

1:04.7

hooty targets adding to disruption in the region already it's impacting Tesla

1:08.8

for example we break down what it all means for the global supply chain for technology and what is being used to

1:14.0

navigate around it.

1:16.0

And Tesla is one of the names hit by that in the Red Sea attacks.

1:19.8

It's shut down its German plant amid the disruption.

1:22.4

We will have all of those details.

1:24.0

Plus later this hour we sit down with renowned venture capitalists, Vinod Cozler, Keith

1:28.8

Raboy for an exclusive conversation amid the announcement that Keith is returning to Coastal

1:33.4

Adventures. All that and so much more coming up. There is a lot of tests and news

1:38.0

out there. We will cover all of it in the program. The first piece being that

1:41.6

they have cut prices again on models in China, we will bring you those details.

1:46.0

But the bigger news probably was the Holt production in Berlin because of supply chain impact from the Red Sea situation.

1:54.0

How does that look?

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