3.8 • 950 Ratings
🗓️ 27 May 2025
⏱️ 6 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
0:08.0 | Good morning. It's good to have you here on this Tuesday, May 27th. I'm Julie Morgan. |
0:14.0 | Tesla loses ground in Europe. Southwest drops free bags and truth social eyes crypto billions. |
0:22.7 | Tesla's grip on the European electric vehicle market weakened sharply in April. |
0:27.9 | The U.S.-based companies sold 7,261 vehicles in Europe last month, |
0:33.6 | a staggering 49% drop compared to April of 2024. |
0:38.5 | According to figures from the European Automobile Manufacturers Association, the decline came |
0:44.2 | in stark contrast to the broader EV sector, which grew 34.1% year over year in the same period. |
0:51.7 | This is part of a larger downward trend. Tesla's European sales have |
0:56.1 | plummeted nearly 40% during the first four months of 2025. Tesla's CEO's growing political |
1:03.3 | entanglements in the U.S., particularly his alignment with President Trump and his role as the head |
1:09.3 | of the Department of Government Efficiency |
1:11.2 | have sparked backlash in Europe. Competition is also heating up. Chinese manufacturer B.Y.D. |
1:18.0 | recently surpassed Tesla in pure EV sales in Europe for the first time. |
1:23.8 | We're learning more about the end of Southwest Airlines' two-bags fly-free policy. |
1:29.1 | Starting tomorrow, May 28, the airline will charge $35 for one check bag and $45 for a second, |
1:37.3 | according to an internal memo viewed by the Wall Street Journal. |
1:40.7 | As of 5 a.m. Eastern Time, the carrier's website under the baggage policy still says it will |
1:46.5 | share more details as we approach May 28, 2025. The new fees are similar to what other airlines |
1:53.7 | charge for check bags. Customers at the highest loyalty status level can still check two bags for |
2:00.1 | free, while those with the airline's credit card or next status level can still check two bags for free, while those with the airline's credit |
2:02.1 | card or next status level can check one bag for free. Passengers who bought tickets before May 28th |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.