Stay updated with breaking news from Mega marketing. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Good friday morning. Welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan and jon fortt at post nine of the New York Stock Exchange busy market day. Were going to start with tesla obviously, elon musks reveal of the companys new cyber truck. Phil lebeau has more about the window shatter heard around the world, phil. And a lot of people are watching that, carl. Cant say the unveils from tesla are boring they showed the cyber truck last night, the design had people saying whoa, what is that. When you look at this truck, it starts at 39,900 when delivery starts in late 2021, early 2022 range of 250 and 500 miles right now, analysts are underwe underwell whunde underwhelmed the appearance was met with criticism. Colin rush says we anticipate the majority of consumers will not be inspired by a vehicle ....
The second quarter. It is teaming up with panasonic to build a socalled gigafactory. The plant will produce lithium iron batteries, which has been a challenge for tesla. Cory, what is your take on the numbers . Are they good, not so good . Yes. There were some numbers that were good and some numbers that were not good. There were some things that were weird. Lets give tesla credit where credit is due. They showed a revival in sales. The company has seen a decline in sales in a quarter over quarter basis. March quarter going into june, you thought maybe in the early parts of summer they would sell even fewer cars. Tesla saw an increase in the number of cars sold. The sold about 1200 more model s cars, and that meant a 17 quarter over quarter increase. They need to do that. They have had a big target out there for annual sales in terms of units of 35,000. Even the revenues are really hard a lot of times we look at companies and say, look at the revenue number, look at the earningspershar ....
700 cars in the Second Quarter cars in the Second Quarter. It is teaming up with panasonic to build a socalled gigafactory. The plant will produce lithium iron batteries, which has been a challenge for tesla. Cory, what is your take on the numbers . Are they good, not so good . Yes. There were some numbers that were good and some numbers that were not good. There were some things that were weird. Lets give tesla credit where credit is due. They showed a revival in sales. The company has seen a decline in sales in a quarter over quarter basis. March quarter going into june, you thought maybe in the early parts of summer they would sell even fewer cars. Tesla saw an increase in the number of cars sold. Se sold about 1200 more model cars, and that meant a 17 quarter over quarter increase. They need to do that. They have had a big target out there for annual sales in terms of uni ....
Year the success. The base of our party is so pleased with the president right now. I just cant imagine Anyone Running against a record like this, and this is just the first year. Imagine where well be next november. Well, the president isnt the only one touting the tax plan. Republicans reportedly are planning a Mega Marketing push to sell the unpopular tax plan. Prominent republicans are speaking out this holiday break. Senator Susan Collins of maine wrote an oped telling constituents new tax law will benefit mainerds. Not washington elites. Reporter the president finished golfing for the day. Hes back i shoe say finished at his golf course. The white house neither confirmed nor denied whether or not he played golf today. Hes back in maralago at the moment. The sales job on this tax bill is important for republicans goi ....