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Wall Street Breakfast

Wall Street Roundup: Tesla skepticism, Google stands out, DORK shorts

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 25 July 2025

⏱️ 20 minutes

🧾️ Download transcript

Summary

Tesla's bad report (0:20). Google's outstanding report (2:50). Chipotle down after earnings (4:40). Return of the meme stocks (6:30). Big 4 reporting next week (12:50). Fed commentary coming (16:45).

Show Notes: 
Waiting On Tech Earnings, Don't Overplay Market Seasonality
Alphabet Q2 2025 earnings call transcript
Tesla targets autonomous ride-hailing for half of U.S. while ramping Optimus and energy initiatives
Chipotle Q2 2025 earnings call transcript

Episode transcripts: seekingalpha.com/wsb

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Transcript

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0:00.0

Brian Stewart seeking Alpha's director of news.

0:14.9

Welcome back to another week of Wall Street Roundup.

0:18.2

Great to be here. Thanks a lot.

0:19.6

Our episode on investing experts yesterday was talking about waiting on tech earnings.

0:25.9

We've seen some of those come out, especially if you consider Tesla tech stock company.

0:32.7

Talk to us about what you're seeing.

0:34.6

Is that top of mind for you right now?

0:36.5

The earnings rolling in?

0:38.5

Definitely. This was the first week of really blockbuster type earnings after a little bit of a

0:44.0

lead-up. Last week, Tesla, like you point out, is one of the biggest names. Got a bit of a

0:50.6

rebuke from shareholders. It's down about 9% after its earnings.

0:56.2

Overall, bad report, but kind of expected that it would be bad.

1:00.2

Revenue is down 12%.

1:01.3

Unit sales down 14%.

1:03.2

Net income down 23%.

1:05.0

The thing that I think is chipping away at the company stock price today is the commentary from Elon Musk.

1:15.3

He warned of a few rough quarters ahead.

1:17.5

I think a lot of people had hoped that Tesla had already kind of bottomed in terms of the

1:23.6

political backlash and in terms of just the general core automotive business that that might

1:30.6

be returning to an upswing, I think that there's some signs that that might not be the case

1:36.3

that the investors should get ready for some bumpy waters ahead. Talk of Paris, margin

1:42.4

pressures, higher costs, just general economic worries along with

...

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