Exploring the correlation between Tesla's share performance, US retail sales report, consumer stress levels, and their influence on economic growth. The Carney Consumer Institute sheds light on consumer spending habits amidst economic stress and highlights continued consumer activity in the market.
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Bloomberg Technology Co-Host Ed Ludlow explains that two of Tesla’s top executives have left the carmaker in the midst of its latest round of job cuts. Katie Thomas, Head of the Kearney Consumer Institute, shares the results of the Kearney Consumer Stress Index. Greg Hewitt, US CEO at DHL Express, talks about the international parcel delivery business and sustainability efforts. And we Drive to the Close with Ryan Detrick, Chief Market Strategist at the Carson Group. Bloomberg News Squawk Desk Reporter Bill Maloney also participates in the conversation.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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