Stronger Than Expected Jobs Report, Musk's Trump Tantrum Costs TSLA $152B
Schwab Network · Schwab Network
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Show Notes
Kevin Hincks analyzes the latest jobs report that showed stronger-than-expected nonfarm payrolls, showing 139,000 jobs added. However, there could be trouble on the inflation front with wages. Tesla (TSLA) shed $152 billion in market cap Thursday after CEO Elon Musk made a series of X posts criticizing President Trump and his "big, beautiful bill." Kevin says Musk needs to deescalate tensions as soon as possible to prevent more damage to the U.S. and the stock market.
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