00:00 Brian Sozzi
Welcome to Opening Bid here at the Nasdaq in Times Square. I’m Yahoo Finance Executive Editor, Brian Sozzi. I want to get to our stock of the day. And of course, that is Tesla. The company’s earnings coming up on Tuesday evening. Stock’s down about 43% since the inauguration of President Trump on January 20th. So many concerns, so many factors behind this plunge. But I have three. I have three things that I need to hear from Elon Musk on this company’s earnings call. Not should hear, must hear. First up, government exit timeline. Musk must tell investors when he plans to exit his Dodge role and get back to a hundred percent focus on Tesla. Need to hear it. Number two, tariff impact. Either Musk or his executives on this call need to quantify the financial impact of the Trump administration’s tariffs, whether it’s on components from China, whatever it is, they need to quantify this in terms of top-line impact and profitability impact. Investors need to hear this. And last, but not least, turning Tesla around. Musk must articulate, not should, must, must hear, what he is going to do to turn the company around. Whether he likes it or not, Tesla is now a turnaround story in the eyes of investors. Sure, they are not bloated cost-wise, like a lot of other automakers, or other turnaround stories, but it is a turnaround story nonetheless, because sales have fallen off a cliff, in many respects because of things he has done. And I am very excited for this Tesla earnings release, more so than normal. I’m always very excited, but this is going to be the first earnings call that you can listen to live on Yahoo Finance. It’s a major new announcement from Yahoo Finance. You can now listen to earnings calls live on our platform. That is where I’ll be on Tuesday night listening to Tesla’s earnings call live on Yahoo Finance. I am so jazzed to see this feature. Shout out to our many people and teams at Yahoo Finance that made this happen. And of course, we just hit our one-year birthday on Opening Bid, and we have a special episode now on Yahoo Finance with former Intel CEO, Pat Gelsinger. I’ve followed his entire Intel career, and he’s giving me the Yahoo Finance exclusive on his time at Intel and what he’s up to next. Appreciate all your support, appreciate all the love. We’ll talk to you soon.