The Self-Driving Apple of Tim Cook’s Eye, & Relief, “A Christmas Miracle”

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 22 December 2020

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Apple’s efforts to get its own electric passenger vehicle on the road might finally be picking up speed. The Sunday Times West Coast Correspondent Danny Fortson discusses reports that Apple’s taking on Tesla with its own EV, how the tech giant will do it, and why it makes sense. Plus, Congress has finally passed a $900B relief package for Americans. Representatives Josh Gottheimer (D-NJ) and Brian Fitzpatrick (R-PA) discuss their work in the Problem Solvers Caucus to bridge the partisan divide and get a deal done. Plus, Peloton’s expanding and the Squawk team is dancing for holiday joy. Sort of.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our
0:05.4	podcast the 900 billion dollar relief bill finally passed. Two of the
0:11.1	lawmakers who got it done, Democrat Josh Gotheimer,
0:14.0	In a very divided Washington, this is close to a Christmas miracle that's gonna get.
0:18.0	And Republican Brian Fitzpatrick.
0:20.0	There's no question about it.
0:22.0	It should have been done months ago. It was not done months ago for all the wrong reasons.
0:25.6	What's in the deal? Why it took so long and what Americans need next?
0:30.4	Apple is reportedly getting its passenger car into gear.
0:33.6	Silicon Valley Watcher Danny Fortson on Tech's battle for the road.
0:37.6	2021 is the year.
0:39.6	It's the inflection point.
0:40.7	There's a bit of a gold rust in the electric car industry and
0:44.0	Apple is obviously looking at that and thinking well hey I think we can do this
0:49.0	those stories plus peloton anyone a few at home workout tips from our team to yours.
0:55.5	I tried it once and they put me through the ringer.
0:58.0	Plus, if you get a big treadmill, it can hang a lot more clothes off of it.
1:02.0	It's Tuesday, December 22nd, 2020.
1:05.0	Let's Dance.
1:06.0	We only have a three hour show.
1:08.0	We need to move, we need to groove.
1:09.0	Squawk Pod begins right now.
	...

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