Rivian vs. Tesla, Bitcoin’s Brutal Weekend, CNBC’s Next Generation 50
Carl Quintanilla and Jim Cramer began the show with a look at the EV space heating up, as Morgan Stanley analyst Adam Jonas called Rivian “‘the one that can challenge Tesla.” Separately, Tesla shares were under pressure as the SEC opened an investigation into the company after a whistleblower disclosed solar panel defects. The anchors also hit Bitcoin’s brutal weekend, after dropping 17% from Friday night into Saturday morning, with the cryptocurrency now below $50K. Also in the mix: CNBC launched a new index, the “CNBC Next Generation 50,” which tracks stocks younger consumers and investors are most interested in. Some names in the group include Apple, Chewy, Etsy, Lyft, Moderna and Zoom Video.
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