The Hidden Risk for the Markets, Revving Up for Tesla’s Battery Day, and the Surprising Stock that Soared 30% Today

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 22 September 2020

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

President Trump and his Chinese counterpart Xi Jinping ramped up the rhetoric between the two countries at the UN General Assembly. Could flaring tensions with China be the risk that no one’s paying attention to? And we’re counting down to Tesla first ever Battery Day. What you can expect and what it’ll mean for the stock. Plus shares of Carvana soared on a pair of upgrades today. Should you buy in to this car vending machine maker?

Transcript

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0:00.0	I'm Melissa Lee and this is Fast Money, tonight's trader line of Guy Dami, Tim Seymour,
0:05.2	Dan Nathan, and Bonneice and Bono and Ice and tonight on Fast Charged Up.
0:08.2	Tesla about to kick off its first ever battery day.
0:11.0	Our team is plugged in and ready to break down all the big headlines.
0:13.7	Plus we are following the after-hour's action and shares of Nike. That stock soaring as the
0:17.5	company's earnings call gets underway and later, Karvana putting the pedal to the
0:21.7	metal will tell you about the big call that sent this
0:24.0	stock into overdrive today.
0:25.9	But we start off with a Tuesday turnaround stocks pushing higher with Tech once again taking
0:30.5	the lead.
0:31.5	The Nasak getting 1.7 percent% but there could be a big thread
0:34.6	bubbling just underneath the surface of this market. We're calling it a game of
0:38.2	he said she said president Trump and Chinese President Xi Jin Ping,
0:42.8	both dialing up the rhetoric today at the UN General Assembly.
0:45.6	Let's get straight to Kayla Tashi, who's got the details.
0:47.8	Kayla.
0:50.1	Melissa, President Trump has often used his annual speeches at the UN General Assembly to challenge his adversaries,
0:56.5	whether it's the nuclear regimes in Iran and North Korea, or for the second year running China,
1:02.4	which he took direct aim at in his speech this year
1:05.8	that was pre-recorded despite consummating a trade deal with China in January.
1:10.8	At this year's virtual diplomatic gathering, the speeches were pre-recorded.
1:14.6	They were shorter than usual, but President Trump held no punches against China, which
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