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General Motors could take a $5 billion hit from auto tariffs
2:35
Bloomberg Television
General Motors could take a $5 billion hit from auto tariffs
General Motors lowered its full-year profit outlook citing exposure to as much as $5 billion in auto tariffs being levied by President Donald Trump. The move comes even after Trump issued what he’s characterized as relief for automakers by lowering some levies on imported vehicles and parts. Craig Trudell reports on Bloomberg Television. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 1, 2025
Carney’s Liberals win narrow victory in Canada’s election
0:54
Bloomberg Television
Carney’s Liberals win narrow victory in Canada’s election
“Our old relationship with the United States is over.” Canadian Prime Minister Mark Carney’s Liberals have won the election. Carney told his supporters he would renegotiate Canada’s relationship with the US and forge new alliances. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 1, 2025
Tesla's #Musk lost 25% of fortune during his quest to gut the US government #tesla #shorts
1:32
Bloomberg Television
Tesla's #Musk lost 25% of fortune during his quest to gut the US government #tesla #shorts
Elon Musk’s wealth has fallen 25% since working in Washington, but the impact he made could boost his interests for years to come. Kurt Wagner explain. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 1, 2025
Trump Says He Deserves a ‘Pass’ on GDP Data
1:43
Bloomberg Television
Trump Says He Deserves a ‘Pass’ on GDP Data
President Donald Trump blamed weak economic data that sent stocks tumbling on former President Joe Biden. “I have to start off by saying, that’s Biden. That’s not Trump,” Trump said Wednesday during a Cabinet meeting. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 1, 2025
Trump's First 100 Days: What did he do and what does he do next?
4:03
Bloomberg Television
Trump's First 100 Days: What did he do and what does he do next?
Diana Furschgott-Roth, The Heritage Foundation Center for Energy, Climate, & Environment Director, shares her thoughts on President Trump’s tariff policies and talks about what the President has done in his first 100 days in office. She also talks about the relationship between the US and China & which country will talk first in regards to tariff negotiations. Diana Furschgott-Roth speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg’s “Balance of Power.” -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 1, 2025
Stocks Rise On Big Tech Results; Trump In "No Rush" For Trade Deals | Bloomberg Brief 05/01/2025
43:40
Bloomberg Television
Stocks Rise On Big Tech Results; Trump In "No Rush" For Trade Deals | Bloomberg Brief 05/01/2025
Equity futures rise after Microsoft and Meta both deliver beats. President Trump says he's in no rush to secure trade deals, and that there's a good chance of a deal with China. Steven Major of HSBC says governments should try and maintain trust in their bond market amid the US's safe haven status weakening. Candace Laing, President and CEO of the Canadian Chamber of Commerce says Canada can now open negotiations with the US because of Prime Minister Mark Carney's election. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Chapters: 00:00:01 - Intro 00:01:42 - First Look Movers 00:03:14 - Steven Major, HSBC Global Head of FI Research 00:10:32 - Trending on the Terminal 00:19:56 - Front Page News 00:22:54 - First Look Movers 00:29:25 - Trending on the Terminal 00:35:04 - Candace Laing, Canadian Chamber of Commerce President & CEO 00:42:58 - What to Watch -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 1, 2025
Yen Extends Drop, Meta & Microsoft Spark AI Stock Rally | The Opening Trade 05/01
1:35:50
Bloomberg Television
Yen Extends Drop, Meta & Microsoft Spark AI Stock Rally | The Opening Trade 05/01
The yen extended its declines against the dollar as Bank of Japan Governor Kazuo Ueda spoke of uncertainties due to tariffs, after the bank kept its rates steady and pushed back the expected timing of its price target. Ueda said that the likelihood that the BOJ’s outlook will be realized isn’t as high as it was before, and that uncertainty is extremely high due to tariff measures.  Microsoft shares rise as much as 7.3% in premarket trading on Thursday, after the software giant reported third-quarter results that beat expectations, The world’s largest software maker is considered a leader in commercializing AI products, thanks to its close partnership with ChatGPT maker OpenAI. Meta also beat as expectations amid concern of the impact of the Trump administration’s trade war on advertising sales. Meta is unveiling a new standalone AI app, Meta AI. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta. Chapters: 00:00:00 - The Opening Trade 00:02:51 - London Stock Exchange Earnings 00:04:06 - Microsoft Stock Soars 00:06:14 - Trump Wants 'Pass' on US GDP Data 00:10:47 - BBVA-Sabadell Merger Deal 00:11:41 - US, Ukraine Sign Resources Deal 00:19:25 - S&P 500 Ends April Much Lower 00:28:13 - AIB Group CEO Colin Hunt 00:34:58 - Meta's AD Revenue 00:36:45 - Trump Tariffs: Chinese State Media Says US Has Contacted China 00:52:00 - Rolls-Royce Stock 01:01:19 - BOJ's Ueda on Yen 01:05:06 - Trump Tariffs: Aribus Tells Airlines to Shoulder Tariffs 01:08:31 - Tesla Board Denies New CEO Search 01:12:36 - Yen: BOJ Cuts Outlook 01:14:56 - BOJ Interest Rate Hike Chance 01:33:07 - Trump Pushes to End War in Ukraine -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 1, 2025
Musk Future: Tesla Denies New CEO Search; US, Ukraine Sign Minerals Deal | Bloomberg The Pulse 05/01
48:36
Bloomberg Television
Musk Future: Tesla Denies New CEO Search; US, Ukraine Sign Minerals Deal | Bloomberg The Pulse 05/01
Tesla Chair Robyn Denholm denied a report that the board had looked to replace Chief Executive Officer Elon Musk, saying directors are “highly confident” in his ability. “Earlier today, there was a media report erroneously claiming that the Tesla board had contacted recruitment firms to initiate a CEO search at the company,” Denholm posted to Tesla’s X account. “This is absolutely false.” The Wall Street Journal reported earlier that Tesla board members had contacted executive search firms to seek a successor to Musk earlier this year, citing people familiar with the discussions. In geopolitics, the US and Ukraine reached a deal over access to the country’s natural resources. The deal will grant the US privileged access to new investment projects to develop Ukraine’s natural resources including aluminum, graphite, oil and natural gas. It’s been seen as critical to fostering Trump’s goodwill as his administration pushes to end the war that began when Russia mounted its full-scale invasion more than three years ago. Today's guests: Jimmy Muchechetere, Investec; Seema Shah, Principal Asset Management; Stephen Yiu, Blue Whale Growth Fund Chapters: 00:00:00 - The Pulse with Francine Lacqua 00:00:36 - Zuckerberg: Strong start to the year 00:01:57 - Tesla denies CEO search report 00:02:53 - Seema Shah, Principal Asset Management 00:07:20 - Jimmy Muchechetere, Investec 00:16:34 - US & Ukraine sign minerals deal 00:20:27 - EU said to present new trade proposal to US 00:23:44 - Headlines 00:24:30 - Huang: Enormous investment needed for AI development 00:25:47 - Tesla chair: CEO search story "false" 00:29:54 - Stephen Yiu, Blue Whale Growth Fund 00:40:53 - BBVA-Sabadell deal clears hurdle 00:43:19 - European banks earnings in focus -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 1, 2025
BOJ Slashes Growth; WSJ: Tesla Board Open CEO Search | Horizons Middle East & Africa 05/01/2025
46:13
Bloomberg Television
BOJ Slashes Growth; WSJ: Tesla Board Open CEO Search | Horizons Middle East & Africa 05/01/2025
The Bank of Japan has kept its key rate steady amid heightened uncertainty stemming from US tariffs. Also on the show: Chinese state media reports say Washington has reached out to Beijing to initiate talks on tariffs; the Wall Street Journal says Tesla's board has contacted executive search firms to begin the formal hunt for a successor to Elon Musk; US and Ukraine have reached a deal over access to the country's natural resources; Israel is turning to markets in the Arabian Peninsula and India to boost trade; oil is holding onto April's losses, after slumping the most in a month since 2021; BRICS foreign ministers failed to sign a consensus statement at the end of a two-day meeting in Rio de Janeiro; Turkey's central bank is monitoring domestic demand and will take steps if it hurts the disinflationary process. Guests include: Paul Mackel, HSBC, Global Head of FX Research; Ronit Ghose, Citi Institute, Global Head of Future of Finance. Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. Chapters: 00:00:00 - Introduction 00:04:30 - BOJ keeps overnight call rate at 0.50% 00:08:15 - CCTV: US reached out to China to initiate tariff talks 00:15:54 - US and Ukraine sign resources deal 00:19:40 - Israel looking to expand trade exports 00:27:51 - Oil holds April's slump 00:29:47 - Ronit Ghose, Citi Institute, Global Head of Future of Finance 00:37:21 - BRICS rift emerges in Rio meeting 00:40:50 - Turkey's central bank monitoring domestic demand -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 1, 2025
Tesla to Replace Musk? Carmaker's Chair Denies WSJ Report
1:46
Bloomberg Television
Tesla to Replace Musk? Carmaker's Chair Denies WSJ Report
Tesla Chair Robyn Denholm says the firm's directors are “highly confident” in CEO Elon Musk's abilities. Her comments, posted on Tesla's X account, follow a Wall Street Journal report that the automaker's board members had contacted executive search firms to seek a successor to Musk earlier this year. Denholm called the report "absolutely false.” Bloomberg's Craig Trudell explains. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 1, 2025
Tesla Bear Ross Gerber Reacts to Report That Elon Could be Out
11:46
Bloomberg Television
Tesla Bear Ross Gerber Reacts to Report That Elon Could be Out
The Wall Street Journal has reported that Tesla board members contacted executive search firms to kick off a formal hunt for a successor to CEO Elon Musk. The claims have since been denied by Tesla Chair Robyn Denholm. Long-time Tesla investor Ross Gerber says the board’s reported actions could give Musk an out, allowing him to leave his job to focus more on AI. Gerber speaks on Bloomberg's Insight with Haslinda Amin. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@Bloomberg-News Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 1, 2025
Tesla Denies Looking To Replace Musk & US, Ukraine Sign Resources Deal | Daybreak Europe 05/01/2025
47:15
Bloomberg Television
Tesla Denies Looking To Replace Musk & US, Ukraine Sign Resources Deal | Daybreak Europe 05/01/2025
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, Microsoft and Meta shares surging in late trading after the tech giants reported better-than-expected earnings. Tesla Chair Robyn Denholm pushed back against a report the board was looking to replace CEO Elon Musk, saying directors are “highly confident” in his ability. The rebuke came after the Wall Street Journal said that board members contacted executive search companies about a month ago to hunt for a successor to Musk, as investors fretted about the amount of time he was devoting to his US government role. Meanwhile, the US and Ukraine have signed a deal over access to the nation's natural resources. Kyiv hopes the agreement will secure President Trump's support in ceasefire talks with Russia. Elsewhere, US President Donald Trump’s administration has been seeking contact with Beijing to initiate talks on the massive tariffs Washington has imposed on China, according to a state-run media outlet. Today's Guests: Lale Akoner, Global Market Analyst at eToro & Will Blyth, Arondite's CEO & Co-Founder Chapters: 00:00:00 - Daybreak Europe 00:02:54 - Tech Earnings 00:03:41 - Microsoft & Meta Beat 00:06:24 - Trump: Deserve A 'Pass' On GDP Contraction 00:09:03 - BOJ Holds Policy Rate Unchanged 00:12:52 - Airbus Tells US Airlines To Shoulder Tariffs 00:17:05 - US, Ukraine Sign Resources Deal 00:19:59 - Spain Antitrust Agency Is Said to Clear BBVA’s Sabadell Bid 00:25:02 - Trump: Tariffs Politically Risky, But Not Rushing Deals 00:26:39 - US Has Reached Out to China to Initiate Tariff Talks: CCTV 00:26:51 - EU to Present New Trade Proposals to US Negotiators Next Week 00:31:00 - Lale Akoner, eToro, Global Market Analyst 00:36:22 - Will Blyth, Arondite's CEO & Co-Founder 00:40:11 - Musk Adds Texas City To Empire 00:43:02 - Tesla’s Denholm: Media Report on CEO Search ‘Absolutely False’ -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@Bloomberg-News Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 1, 2025