Asha Day, Gabby Coppola: We all knew that margins were going to suffer because Tesla has been implementing price cuts around the world. But I think a floor that the street had was 20% gross margin and they came in with 19.3%. It's just a matter of if you've been doing this for a decade versus GM or Ford or Stellantis or Volkswagen or whoever, who are just now coming into this.
Bloomberg Intelligence Technology and Media Analyst Geetha Ranganathan discusses Netflix to begin cracking down on US viewers who share someone else’s account if an effort to boost growth in the second half of the year. Bloomberg News Equity Markets Reporter Esha Day, Bloomberg News Autos Reporter Gabrielle Coppola and Ross Gerber, CEO at Geber Kawasaki Wealth Management, discuss Tesla earnings that missed the average analyst estimate. Sachin Dev Duggal, Co-Founder of Builder.ai, talks about making digital business growth possible. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Personal Finance Reporter Claire Ballentine provide the details of Claire's Businessweek Magazine story The Repo Man Is Back as Americans Fall Behind on Car Payments. And We Drive to the Close with Burns McKinney, Portfolio Manager at NFJ Investment Group.
Hosts: Carol Massar and Madison Mills. Producer: Paul Brennan.
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