TikTok Bill Heads to Senate, Chaos Erupts at Tesla
Apr 22, 2024
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Bloomberg's Caroline Hyde and Ed Ludlow discuss TikTok's divest-or-ban legislation heading to the Senate, chaos at Tesla as Elon Musk shifts focus to robotaxi. They explore market trends of Nvidia, Tesla's strategic shift, and Elon Musk's $25,000 EV plan, along with insights on cryptocurrency, entertainment industry expansion, streaming services challenges, and growth strategies.
Legislation expects TikTok's parent company ByteDance to divest, sparking legal battles.
Elon Musk shifts Tesla's focus to robotaxi, highlighting challenges in aligning priorities.
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Bloomberg's Caroline Hyde and Ed Ludlow take a deep dive into TikTok's divest-or-ban legislation as it clears the house and heads to the Senate this week. Plus, chaos erupts internally at Tesla as Elon Musk shifts the company's focus from a cheaper model to the robotaxi.