Go offline with the Player FM app!
Tesla stock plummets after net income falls 45%; Tech Outage Caused by “Bug”: Crowdstrike | Business Matters Full Broadcast (July 24)
Manage episode 430623231 series 3433590
Tesla stock plummeting a day after posting 2nd quarter earnings. Car sales, its main business, down 9 percent year-over-year, at 18.5 billion dollars. Higher costs did not help: net income down 45 percent, at 1.5 billion. CEO Elon Musk immediately addressing this in the earnings call.
Crowdstrike says a “bug” caused the global tech outage last week. Delta says delays and cancellations will be resolved on Thursday. FTA determined to investigate.
301 episodes
Manage episode 430623231 series 3433590
Tesla stock plummeting a day after posting 2nd quarter earnings. Car sales, its main business, down 9 percent year-over-year, at 18.5 billion dollars. Higher costs did not help: net income down 45 percent, at 1.5 billion. CEO Elon Musk immediately addressing this in the earnings call.
Crowdstrike says a “bug” caused the global tech outage last week. Delta says delays and cancellations will be resolved on Thursday. FTA determined to investigate.
301 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.