The Big Dills: Pickleball Teams, UK Changes, & Elon Musk’s Plans 10/20/22

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 20 October 2022

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Major League Pickleball?! NBA star Kevin Durant and investor Rich Kleiman have purchased an MLP expansion team, and they’re set to compete in 2023. The investing team shares the appeal of pickleball teams, the upside financial potential, and the upcoming NBA season. Overseas, the UK is managing yet another shift of power with Liz Truss’s resignation, and here at home, Americans are gearing up for midterm elections. CNBC’s Steve Liesman shares the results of his All-America Survey, which reveal the most pressing concerns for the American public across political affiliations. Plus, Tesla has reported quarterly results as mixed as the Wall Streeters watching the company. CNBC’s Phil Lebeau explains the bull and bear case for Tesla and for Elon Musk. In this episode: Leslie Picker, @LesliePicker Steve Liesman, @SteveLiesman Phil Lebeau, @Lebeaucarnews Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Becky Quick @BeckyQuick Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squawk Pot.
0:08.0	Tesla's third quarter, Elon Musk's many, many big ideas, but what's realistic?
0:14.3	Our autos reporter Phil Leboe.
0:16.0	Some of these prognostications were a little bit over the moon.
0:19.0	They were a lot over the moon.
0:20.9	A change in the ranks in the UK, after the Bank of England said no more market
0:25.0	intervention. Bailey not Barnum. Right. It has been a bit of a circus. And it's
0:30.0	part tennis, part ping pong, part money.
0:33.2	Crazy popularity of pickleball,
0:34.8	and now you're investing in a team?
0:36.5	Rich Kliman the investing partner of NBA star Kevin Durant joins us.
0:40.4	This sport lends itself to team play.
0:42.6	It's so fun.
0:43.6	It's so fun.
0:45.2	Those stories today, plus bets on a downturn,
0:48.4	where CEO stand, where the public stands,
0:50.8	and what matters to voters. We all want to keep our democracy. We think the threats
0:55.5	might be coming from different places. It is Thursday October 20th. Squawk Pod
0:59.8	begins right now. Stand Becky by in three, two, one, fuel-free.
1:06.7	Good morning everybody.
1:07.7	Welcome to Squack Box here on CMBC.
	...

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