
SOTS 2ND Hour: Las Vegas Cybertruck Explosion, Tesla Delivery Miss, ETF's Record Year 01/02/25
Squawk on the Street
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Economic Stability and EV Market Dynamics
This chapter examines the latest economic indicators, including stable construction spending and a decrease in jobless claims, which signal a resilient job market. It also highlights the challenges faced by Tesla amidst increasing competition from Chinese EV manufacturers and disappointing delivery numbers, while showcasing BYD's rapid growth in the electric vehicle sector. Moreover, the chapter delves into tragic violent incidents in New Orleans and Las Vegas, probing potential terrorism links and ongoing investigations into the suspect's backgrounds.
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