Musk’s Message, Covid Concerns, Honing in on Housing 12/29/22
Morgan Brennan, Scott Wapner and Mike Santoli began the hour with Tesla, trying to build on yesterday’s gains after snapping a 7-day losing streak. CEO Elon Musk sent a note to employees telling them “don’t be too bothered by stock market craziness.” After that, the anchors then discussed the broader markets will the major indices trying to rally a day after the Nasdaq touched its lowest level in more than 2 years, following rising Covid concerns out of China. Also in the mix: CNBC’s senior real estate correspondent Diana Olick broke down some weaker-than-expected numbers in the housing market to end the year.
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