Bloomberg Intelligence analysts discuss Apple's iPad launch, Disney earnings, and Tesla's recall deadline. Sandi Bragar shares market outlook, while John Mandyck talks about pressure to phase out natural gas. Craig Trudell discusses Tesla facing a probe and a major recall deadline.
Apple revamps iPads, signaling innovation in the tech industry.
Tesla faces pressure to address Autopilot safety concerns and declining shipments in China.
Deep dives
Tesla Faces Autopilot Probe and Declining Shipment Numbers in China
Tesla is under scrutiny as the US regulators escalate a probe into its Autopilot technology, aiming to assess a recall's effectiveness. This follows concerns about the misuse of Autopilot leading to crashes. Additionally, Tesla reports a decline in shipments in China for April, signaling potential demand issues.
Challenges in Autopilot Technology and Potential Solutions
Tesla's Autopilot technology has faced scrutiny for driver attentiveness issues and crashes. The company is exploring the effectiveness of software updates to prevent misuse and enhance safety. Tesla is being asked to provide data by July 1 to assess the recall's impact and determine necessary improvements.
Tesla's Shift Toward AI and Greenification in the Auto Industry
Tesla's focus on transitioning from vehicle sales to AI technologies and green energy solutions faces challenges with Autopilot scrutiny. The company aims to improve technology for autonomous driving and energy efficiency amidst evolving regulations and demands for sustainable practices.
Market Response to Tesla's Autopilot Challenges and Demand Trends
Tesla's stock performance reflects concerns over Autopilot issues and declining shipment numbers in China. Investors raise questions about Tesla's ability to address these challenges and maintain demand for EVs. The overall demand for electric vehicles remains a crucial factor influencing Tesla's future performance.
Mandeep Singh, Bloomberg Intelligence Senior Tech Industry Analyst, discusses Apple’s iPad launch. Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, joins to talk about Walt Disney earnings. Sandi Bragar, Chief Client Officer at Aspiriant, discusses her outlook for the markets. John Mandyck, CEO of Urban Green Council, talks about pressures to phase out natural gas. Craig Trudell, Bloomberg Global Autos Editor, discusses Tesla facing a July 1st deadline to provide US regulators with information about its biggest-ever recall.