Tesla has fallen about 30% since Elon Musk announced his plan to buy Twitter. In that time, Musk has courted controversy over his views on ESG, remote work, and worker layoffs. Are investors finally growing tired of the Elon Musk drama?
Plus, economists, CEOs, and politicians are split over the likelihood of a US recession. Elon Musk has a “super bad feeling” about the economy but most of Wall Street are optimistic the Federal Reserve can tap on the brakes to bring inflation down without tipping the economy into a recession.
Finally, could regulatory crackdowns on China’s internet sector be easing up? And what does that mean for Didi Global? Its stock has dropped nearly 90% since its IPO last June.
Host: Yasminne Cheng
Episode guest: Grace Cheng, Director of Investment Research, Syfe
Producer: Eliezer Toh
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Disclaimer: Since this podcast episode deals with markets, companies, and investing, please note that nothing that is discussed can or should be viewed as financial advice. Any and all opinions expressed in the discussion are solely the personal opinions of the presenters, and must not be relied upon as the basis for financial decisions. Nothing in this podcast is meant to market any specific investment, or offer or recommend the purchase or sale of any specific security. All forms of investments carry risks, including the risk of losing all of the invested amount. Such activities may not be suitable for everyone. This podcast, or advertisement, has not been reviewed by the Monetary Authority of Singapore.