In this episode, Scott Becker covers three key stories, including Tesla’s delivery miss, market reactions, and the EV sector struggles.
Chapter 1: What story does Scott Becker cover about Tesla?
This is Scott Becker with the Becker Private Equity and Business Podcast. We're going to quickly go through three of the stories that we're watching today, Tesla, the markets, and a little bit more. So first, the first thing we're talking about today is Tesla. Tesla missed its deliveries badly. The good news is it's only down about 2% today.
Chapter 2: How did Tesla's stock react to the delivery miss?
At the end of the day, I think lots of people expected that Tesla was really going to struggle and miss its results. So the stock is only down 2%, though it did get hammered on its deliveries for the quarter down a great, great deal. The second concept that we'll talk about today is the markets. And again, we're recording mid-morning. Right now, the markets are relatively flat.
Chapter 3: What is the current state of the markets?
Chapter 4: What concerns are there regarding market reactions?
notwithstanding the fact that everybody has been really scared today that this is going to be Trump tariff day and that the markets would be an absolute disaster. So, so far in the big scheme of things, not nearly as bad as expected. Again, Tesla's down about 2%. The markets are relatively flat. The third thing I'll mention is,
the other electronic vehicle companies rivian and lucid and this is notwithstanding one of my best friends wives looking to buy a rivian yesterday are down six percent and five percent i think on the perception that the tremendously challenging deliveries by tesla are likely to be endemic to the to the area not just tesla but that it's not like one's picking up market share from the other
but that all the EV makers are going to see a little bit of the boom off the rose and struggle. So not only is Tesla down, but the delivery's way down. Rivian and Lucid are also way down. Again, so far, the market's relatively flat today. That's just great to see, quite frankly, as people have been really concerned. And the futures start off way, way low today. Let's hope that holds.
Thank you for listening to the Becker Private Equity and Business Podcast. I hope you enjoyed listening. as much as we enjoy recording. And thank you to our producer, Chanel Bunger. Thank you very, very much.