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SQUAWK BOX, TUESDAY 27TH JULY, 2021
Manage episode 298406144 series 2876583
Tesla posts a record second quarter profit with net income of more than $1bn. However, CEO Elon Musk admits that the global semi-conductor shortage is causing serious problems for the company. Luxury giant LVMH sees sales soar by 80 per cent as economies reopen. Louis Vuitton and Dior are the standout brands in the quarter. French tyre maker is upping its full-year guidance after a strong H1 sales but supply chains concerns still remain. And in China, food delivery platforms are targeted by Beijing in its ongoing regulatory crackdown on tech firms.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
1285 حلقات
Manage episode 298406144 series 2876583
Tesla posts a record second quarter profit with net income of more than $1bn. However, CEO Elon Musk admits that the global semi-conductor shortage is causing serious problems for the company. Luxury giant LVMH sees sales soar by 80 per cent as economies reopen. Louis Vuitton and Dior are the standout brands in the quarter. French tyre maker is upping its full-year guidance after a strong H1 sales but supply chains concerns still remain. And in China, food delivery platforms are targeted by Beijing in its ongoing regulatory crackdown on tech firms.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
1285 حلقات
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