Craig Silverstein: It's been over 10 years since the Model S launched, and that was a car that really sort of shook things up for the auto industry. He says Tesla has tried to move into a new era where they would sell not only compelling electric cars, but sell them for the mass market. And he says we now are seeing them get back to what Musk wanted to do all along - which is sell a ton of electric cars.Silverstein: Is there a bottom, Craig, for the Model Y specifically that you could tell us a prediction on that? You know, I think I would reckon that in that mid $30,000 range is probably where we end up seeing
Bloomberg News Global Car Czar Craig Trudell explains that Tesla price cuts position Elon Musk’s EVs more against mass-market brands rather than the luxury players. Cory Klippsten, CEO at Swan Bitcoin, discusses Bitcoin as an inflation hedge. Ecolab CEO Christophe Beck talks about why companies need to think about water use to achieve their climate goals. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Atlanta Bureau Chief Brett Pulley provide the details of Brett's Businessweek Magazine story Sprite Is So Popular That Pepsi Launched a New Lemon-Lime War. And We Drive to the Close with Anupam Damani, Head of International and Emerging Markets Debt at Nuveen.
Hosts: Carol Massar and Madison Mills. Producer: Paul Brennan.
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