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Tesla’s Turbulent Track, Exxon Boosts Buybacks, Blackstone’s Jon Gray 12/8/22

Tesla’s Turbulent Track, Exxon Boosts Buybacks, Blackstone’s Jon Gray 12/8/22

Carl Quintanilla, Jim Cramer and David Faber began the show by breaking down the markets with the S&P coming off its 5th negative session in a row. They also reacted to Citi CEO Jane Fraser warning that the United States is likely to enter a recession in 2023. The anchors then talked Tesla, down again in early trading on a report that the company is shortening Shanghai factory shifts and delaying new hires. Also in the hour: David had an exclusive interview with Blackstone President Jon Gray, over the company’s decision to limit withdrawals from its $69 billion private REIT.

Squawk on the Street

December 8, 202248m 0s

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Show Notes

Carl Quintanilla, Jim Cramer and David Faber began the show by breaking down the markets with the S&P coming off its 5th negative session in a row. They also reacted to Citi CEO Jane Fraser warning that the United States is likely to enter a recession in 2023. The anchors then talked Tesla, down again in early trading on a report that the company is shortening Shanghai factory shifts and delaying new hires. Also in the hour: David had an exclusive interview with Blackstone President Jon Gray, over the company’s decision to limit withdrawals from its $69 billion private REIT. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.