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Podcast: Bloomberg Daybreak: US Edition
Episode: Tesla Earnings Selloff; Trump to Testify at Trial
Description: On today's podcast: 1) Tesla Inc. shares plunged after Elon Muskâs pitch to look past slower sales growth fell flat with investors. The stock fell 8% in early trading Thursday, after Tesla narrowly missed earnings estimates and warned its rate of expansion will be ânotably lowerâ this year. The company spent all of 2023 cutting prices to boost sales, which ate into profits. 2) Boeing Co. faces a commercial setback after the US Federal Aviation Administration froze planned production increases for its 737 Max aircraft, a move that interrupts the planemakerâs growth ambitions at a time of surging demand and inten...