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Morning Brew Daily

Tesla Stock Dives on Q1 Delivery Miss & McKinsey Offers Staff Pay to Go Away

Morning Brew Daily

Morning Brew

Business, News, Business News

4.43K Ratings

🗓️ 3 April 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

Episode 293: Neal and Toby chat about Tesla’s rough Q1 of 2024 after falling way below its expectations on deliveries. Then, the Jon Stewart-Apple break up heats up as he shares why they parted ways. Next, General Electric is also going through a break-up, except it’s with itself. Also, McKinsey is offering staff members to take some time off and well… never come back. Meanwhile, Kansas City sports fans love their teams but maybe not when it means higher taxes. Lastly, are neckties out of fashion?  00:00 - Intro 2:45 - Tesla’s rough Q1 7:00 - Jon Stewart v. Apple 11:00 - GE’s big break-up 14:25 - McKinsey pays to go away 18:15 - Sports drama in Kansas City 22:30 - Are neckties in or out? Get your Morning Brew Daily Merch HERE: https://shop.morningbrew.com/products/morning-brew-daily-sweatshirt?utm_medium=multimedia&utm_source=podcast&utm_campaign=mbd&utm_content=shownotes Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:25.0

slash credit card.

0:28.0

Good morning for your daily show.

0:29.0

I'm Neil Freiman.

0:30.0

And I'm Toby Howell.

0:31.0

Today, Tesla is straight up not having a good time after posting a disaster Q1.

0:36.3

Then General Electric was once the most valuable company in America, but now it's charting a path for it

0:42.1

as three separate public companies.

0:45.0

It's Wednesday, April 3rd.

0:46.8

Let's ride.

0:48.0

So yesterday, the company who owns the UFC and W. W. W. was the center of attention

0:58.2

after its majority shareholder Endeavor Group announced it was going private

1:02.0

after being acquired by the PE firm Silver Lake.

1:05.4

And while that deal may have been on your radar, if you're a fan of watching people, hit each other

1:09.3

really hard, either for real or for show.

1:11.9

For the rest of us, it was nerve-wracking because for a moment

1:14.7

it seemed like the best stock ticker on the public markets might be going away.

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