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Bloomberg Tech

Tesla Beats Expectations and Netflix Shares Rally

Bloomberg Tech

Bloomberg

News, Business News, Tech News

4.469 Ratings

🗓️ 20 July 2022

⏱️ 42 minutes

🧾️ Download transcript

Summary

Bloomberg's Emily Chang breaks down Tesla's quarterly results beating estimates, and Netflix shares rallying after avoiding its worst subscriber loss scenario. Plus, FaZe Clan goes public on Nasdaq. 

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Transcript

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0:00.0

Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental

0:06.2

leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th.

0:12.8

Title sponsor Amazon, Official Airline, Alaska Airlines.

0:17.6

Supporting sponsor, Providence.

0:19.9

Contributing sponsor, Wareyerhauser.

0:22.6

Get 40% off using promo code Radio 40

0:26.0

at Bloomberg Live.com slash Green Festival.

0:32.4

From the heart of where innovation, money, and power collide,

0:35.0

in Silicon Valley and beyond, this is Bloomberg Technology

0:40.0

with Emily Chang. I'm Emily Cheng in San Francisco and this is Bloomberg Technology.

0:58.0

Coming up in the next hour, Tesla shares jump after better than expected results showing the car maker is getting production

1:05.4

back on track. Tesla making more EVs in June than any other month in the company's history.

1:10.9

We'll dig into the numbers. Plus Netflix shares rally big time after the

1:14.9

streaming giant lost only 1 million instead of 2 million subscribers. Could this big

1:19.9

shift in investor sentiment buoy markets as earnings roll out over the next few weeks.

1:25.0

We will dig in.

1:27.0

And it is game on for Fay's Clan, the Influencer marketing house that counts Snoop

1:32.0

Stock as a board member. Just what public vie is back. Why now?

1:35.8

Who's the CEO? Sticking with Tesla, I want to bring in Steve Wesley, Wesley Group founder Managing Partner, also former longtime member of Tesla's board.

1:46.8

Steve, I know you're liking what you see here.

1:49.0

Investors seem a little lukewarm.

1:51.3

What are you thinking?

...

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