Tesla's Struggles and Success in China

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This chapter delves into Tesla's recent developments in China, highlighting the challenges they have faced such as revenue decline, layoffs, and competition from domestic automakers. It also explores the benefits of Tesla's partnership with China and its impact on foreign investment in the country. Additionally, the chapter touches on Elon Musk's decisions, including prioritizing a visit to China over India, and discusses the potential merger in Paramount Global led by Sherry Redstone's desire for a deal with Skydance.

Episode 312: Neal and Toby discuss Elon Musk’s quick trip to China that gets him clearance for Tesla to use their driving systems in the country. Then, Paramount’s CEO Bob Bakish stepped down after weeks of speculation that his relationship with the majority owner had soured. Next, remote work has led some cities to becoming hubs where managers and leaders tend to live. Also, Saudi Arabia is trying to seduce fresh financiers to invest in their ‘city of the future’ Neom. Meanwhile, Toby looks at the trend of shopping at multiple grocery stores. Lastly, the MLB uniform drama has come to an end with Nike holding the bag of blame.

Correction: Robinhood's 1% account transfer promo ends 6/28, not 6/30 as stated in the episode.

00:00 - Intro

2:15 - Tesla’s future in China

6:30 - Paramount’s CEO shakeup

11:00 - Managerial cities

14:30 - Saudi Arabia’s futuristic city

18:00 - Grocery shopping trends

22:00 - MLB jersey controversy

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