Squawk on the Street

Mideast Tensions Effect, Tesla Falls On Deliveries, Nike Doesn't Do It 10/2/24

Oct 2, 2024
Elliott Hill, the incoming CEO of Nike with extensive experience in global markets, shares his insights on navigating the company's recent challenges. He discusses the impact of rising Mideast tensions on market volatility and Nike's stock performance amidst mixed results. The conversation touches on Tesla's delivery struggles contrasted with the electric vehicle boom and the influence of consumer behavior shifts due to increasing interest rates. Hill also provides a glimpse into his vision for Nike as he prepares to step into leadership.
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