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Transcripts For FBC The 20240703

Lore, then paring back some of those losses. Lets check the a markets, right now the down is down 84 points. The s p 500 down 10, the nasdaq has been fickle as a well today, flitting back and forth over the unchanged line. Right now though down 33 points. Those are off session lows. Were going to be focus on that all day. The techheavy composite, the nasdaq, has been buoyed by tesla. Top of the index right now with an 11 gain. Tesla are reported earnings, miss on eps and revenue expectations. Theyre trying to navigate slumping sales, falling demand for evs and, of course, competition from china, but promised investors it would speed up the development of new, more affordable vehicles. Of course, looks like very happy to hear that. Investors and analysts also flagging one quote from elon musk that claims tesla, its not really an ev maker after all. I think cathie wood said it best, really we should be taught of as an a. I. Robotics company. If you value tesla as an automobile company, y

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