Tesla Kicks Off Investor Day, and Salesforce Surges Post-Earnings 3/1/23

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 1 March 2023

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Investors keyed in to Elon Musk and his big reveal at Tesla’s investor day, but will it be a “sell the news” kind of event? The traders weigh in. Plus a big after-hours jump in shares of Salesforce after its latest earnings report. We dig in on the numbers and bring you the trades. Fast Money Disclaimer

Transcript

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0:00.0	Right now in fast Tessels investor day now underway we are expecting Elon Musk to announce
0:06.1	his long-term expansion plans.
0:07.9	A potential new factory in Mexico, a new model Y and more will this be enough to keep
0:12.4	this year's bull run rocking.
0:14.1	We'll debate that.
0:15.1	Plus, the Salesforce surge, the stock rocketing higher on a big earnings beat, strong
0:18.5	guidance and a major buyback.
0:20.3	The conference call is just getting underway, we'll go inside the numbers just minutes
0:23.2	from now.
0:24.2	And later, Washington's anti-ESG moment, moments ago, the Senate has voted to repeal
0:29.5	a rule that allows retirement plans to consider climate change and other ESG factors into
0:34.3	their investment decisions.
0:35.8	How big a blow will this be to the trillions in these funds?
0:38.9	And Eli Lilly's major price cut that will make getting insulin for diabetics much cheaper
0:43.1	but could there be another motive behind this move?
0:45.6	I'm Melissa Lee, this is fast money we're live at the Nasdaq Market site, got a full
0:48.5	desk in house tonight.
0:49.5	So you've got also Karen Fireman, Dan Nathan and Courtney Garcia.
0:52.8	We start off with Tessels big investor day because that's including Elon Musk.
0:56.5	That's taking the stage in Austin to lay out his long-term goals for Tesla.
0:59.8	His expansion plans, a whole lot more, must started this event about 30 minutes later than
1:03.7	most were expecting.
	...

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