Bankruptcy and Business: Spirit Airlines and Tesla's Regulatory Landscape

As President-elect Donald Trump quickly reveals his picks for roles in his administration, Axios co-founder Mike Allen suggests what each name means for Trump’s priorities in his next administration. While some picks are surprises, the contenders for Treasury Secretary are predictable, so far. In the AI revolution, platform Perplexity is rolling out a shopping feature to extend user queries from informational to transactional. CEO and co-founder Aravind Srinivas says, successful AI models will start narrowing focus and offering actions, as well as answers. Plus, Tesla stock is surging, Spirit Airlines has filed for bankruptcy, and the NBA and Warner Bros. Discovery have reached a settlement.

Mike Allen - 05:39

Aravind Srinivas - 26:57

In this episode:

Mike Allen, @mikeallen

Aravind Srinivas, @AravSrinivas

Becky Quick, @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie