Tim Higgins, a Wall Street Journal columnist with expertise in the auto industry, discusses Tesla's quarterly results, highlighting a 37% profit plunge despite record sales. He attributes this decline to tariffs, rising operating costs, and depleted regulatory credits. Luke Kawa, Markets Editor at Sherwood News, analyzes the recent meme stock frenzy around Beyond Meat, explaining the debt-for-equity swap, retail investor dynamics, and how these stocks often rely on social media hype. The conversation touches on market trends and the future of meme stocks.
