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☆ A 32-year market vet shares 2 charts showing stocks could be entering a major market peak — and warns a coming recession will send the S&P 500 plummeting more than 60%
▼ + stars: | 2024-06-01 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

It's been a near-frictionless seven months for the S&P 500, with the benchmark index up a cool 26% since late October. While earnings were just fine in the first quarter, if they start to decline alongside a slowing economy, stocks will go with them. He sees the S&P 500 declining by more than 50% when all is said and done. The current inversion of 580 days implies a drop of around 65% for the S&P 500. Those fears have since dissipated, and the S&P 500 has rallied 47% since October 2022.

Persons: It's, Jon Wolfenbarger, Merrill Lynch, BullAndBearProfits.com Wolfenbarger, Wolfenbarger, Bullandbearprofits.com Wolfenbarger, Jeremy Grantham, Marko Kolanovic, Albert Edwards Organizations: Service, JPMorgan, Fed, OVOM

☆ Sam Butcher, Who Gave the World Precious Moments, Dies at 85
▼ + stars: | 2024-06-01 | by ( Penelope Green | ) www.nytimes.com time to read: +2 min

Mr. Butcher was the Michelangelo of Missouri, and his adorable snub-nosed Precious Moments characters were “the Beanie Babies of porcelain,” as The Wall Street Journal once put it. Their zealous collectors, who numbered in the hundreds of thousands, built rooms for their Precious Moments figurines, convened in regional clubs and made pilgrimages to Carthage, where they slept in the Precious Moments motel or the R.V. park, marveled at the Precious Moments Fountain of the Angels, dined in the Precious Moments food courts and wandered the 30-acre grounds. (Carthage also hosted Precious Moments weddings.) There were hundreds and hundreds of Precious Moments licensees, which made hats, keychains, watches, greeting cards, books and a children’s Bible.

Persons: Sam Butcher, Jon, Mr, Butcher, Michelangelo, Missouri, marveled, Van —, —, . Butcher Organizations: Wall Street, Angels Locations: Carthage, Mo

☆ Self-made millionaire shares 3 steps to stop overspending and save more: 'Make it automatic'
▼ + stars: | 2024-05-31 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

However, they haven't made much progress toward a better financial situation since then, they recently told self-made millionaire Ramit Sethi on his "I Will Teach You to be Rich" podcast. It's not the worst debt situation Sethi has seen on the show. Their fixed costs, including debt payments, groceries, gas and other necessities are equal to, if not higher, than their monthly income. Sethi emphasized that there are underlying emotional issues leading to the spending problem, and encouraged Elizabeth to work with a therapist. As for their shopping habits, he laid out three tips anyone can use to start getting their spending under control.

Persons: Elizabeth, Jon, Ramit Sethi, Rich, we've, We're, It's, Sethi Organizations: Walmart, Target

☆ MrBeast says his copycats won't succeed, and experts agree
▼ + stars: | 2024-05-31 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMrBeast is the most successful YouTuber of all time, but copying him isn't likely to yield the same results. Some have the same type of thumbnail, same overlay text, and even visit the same places Donaldson does. "His content doesn't succeed because of what you can see on the surface or flash-in-the-pan trends. Copying Donaldson will also not work because he has such vast resources that almost nobody else has access to, so any copycats are likely to be underwhelming.

Persons: —, YouTuber Jon Youshaei, Jimmy Donaldson, Donaldson, Youshaei, Ryan Trahan, Ryan, Gilbert Flores, Xavier English, Supermix, he'd, Katya Varbanova, copycats, aren't, Varbanova, you'll, It's, Kaye Putnam, Putnam Organizations: Service, YouTube, Business, Getty, Xavier

☆ Travis Kelce tried to speak at the White House podium last year. Here’s what happened this time
▼ + stars: | 2024-05-31 | by ( Jon Sarlin | ) edition.cnn.com time to read: 1 min

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☆ Best energy and utility stocks to own for rest of year, according to UBS
▼ + stars: | 2024-05-31 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

In a Thursday note, analyst Josh Silverstein listed the firm's "most compelling" buy-rated stocks to own across the energy and utilities sectors, including Suncor Energy , Coterra Energy , SLB , NextEra Energy and First Solar . Energy and utilities sectors are faring well this year, gaining 12.5% and 8.9%, respectively, while the broader market has advanced about 9.3%. His $90 price target suggests shares could jump 15.1%. First Solar is another favorite of UBS, which assigned the stock a $350 price target that implies 26.5% upside. Other energy and utility favorites UBS named include Coterra and Suncor Energy .

Persons: Josh Silverstein, William Appicelli, Jon Windham, —, SLB Organizations: UBS, Suncor Energy, Coterra Energy, NextEra Energy, . Energy, Big Tech Locations: Schlumberger

6:27 a.m.: UBS hikes First Solar price target, sees 25% upside There's a rosy outlook ahead for First Solar , according to UBS. Analyst Jon Windham cited a more supportive pricing environment as one reason for the price target change. The investment bank upgraded the airline to buy from hold, lifting its price target to $65 from $54. — Lisa Kailai Han 5:41 a.m.: Bank of America reiterates Apple as a top pick Apple shares could get a boost as consumers upgrade to AI-enabled phones, according to Bank of America. Analyst Wamsi Mohan reiterated his view that Apple is a top pick, maintaining his buy rating and price target of $230.

Persons: Jon Windham, Windham, Lisa Kailai Han, Scott Gruber, Gruber, LBRT, — Lisa Kailai Han, Morgan Stanley, SLB, Daniel Kutz, Kutz, Jefferies, Sheila Kahyaoglu, Kahyaoglu, Wamsi Mohan, Mohan, Fred Imbert Organizations: CNBC, United Airlines, Apple, United, Jefferies, Bank of America, UBS, Citi, Liberty Energy, of Liberty Energy, Nvidia Locations: Tuesday's, OFS, United

☆ Millie Bobby Brown and Jake Bongiovi are married, says Jon Bon Jovi
▼ + stars: | 2024-05-29 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —Jon Bon Jovi has confirmed that his son, Jake, has married British actress Millie Bobby Brown at an intimate ceremony. Bon Jovi was asked about the rumors that the couple had tied the knot during an appearance on the BBC’s “The One Show” on Tuesday. “They’re great,” said Bon Jovi in response to being asked how the happy couple are. Jake Bongiovi (left), Millie Bobby Brown (center-left), Dorothea Hurley (center-right) and Jon Bon Jovi (right) in March. And the couple have the backing of Bon Jovi despite getting married at such a tender age.

Persons: Jon Bon Jovi, Jake, Millie Bobby Brown, Bon Jovi, “, ”, Jake Bongiovi, Dorothea Hurley, Dimitrios Kambouris, Brown, Jimmy Fallon, ” Brown, Bongiovi, “ Jake, we’re, “ Andy Cohen Organizations: CNN Locations: British

☆ George Clooney and Brad Pitt reunite in action-packed ‘Wolfs’ trailer
▼ + stars: | 2024-05-29 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

CNN —Banter, comedy, action, Clooney and Pitt. Former co-stars and real-life friends George Clooney and Brad Pitt become reluctant partners when they are both hired as fixers for the same job in the new trailer for the upcoming movie, “Wolfs.”The Apple Studios movie also stars Amy Ryan, Austin Abrams and Poorna Jagannathan. Prior to the first full trailer, a teaser for the movie showed Clooney and Pitt sitting quietly in a car together. WOLFS – Official Trailer (HD)In the trailer, Clooney’s character is called to dispose of a body. Pitt arrives nexts to discover he was sent to deal with the same problem, then finds drugs complicating the matter even more.

Persons: Clooney, Pitt, We’re, George Clooney, Brad Pitt, Amy Ryan, Austin Abrams, Poorna Jagannathan, Joel, Ethan Coen’s “, Steven Soderbergh’s “, WOLFS, ” Clooney, nexts, Jon Watts Organizations: CNN, Apple Studios Locations: ”

☆ MrBeast warns fans not to be racist in his battle to win the subscriber war against T-Series
▼ + stars: | 2024-05-29 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThings have come full circle for MrBeast, who is on his way to being crowned the owner of the biggest YouTube channel in the world. In 2019, he was buying up billboards in support of his friend and fellow YouTuber Felix Kjellberg, better known as PewDiePie. In a recent interview with journalist and YouTuber Jon Youshaei, MrBeast, whose real name is Jimmy Donaldson, asked if he had a message for T-Series. AdvertisementDonaldson said he wanted to make it "very clear" that his fans shouldn't see this as "this country versus that country."

Persons: —, YouTuber Felix Kjellberg, he's, YouTuber Jon Youshaei, Jimmy Donaldson, Donaldson, Felix Kjellberg, Kjellberg, PewDiePie, I've, India, Jimmy Organizations: Service, YouTube, Business Locations: India

☆ UBS says this battery systems company is an 'under-appreciated beneficiary' of the AI-driven data center boom
▼ + stars: | 2024-05-29 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Investors looking for new ways to capitalize on artificial intelligence should look at Fluence Energy , according to UBS. "FLNC is an under-appreciated beneficiary of increasing AI data center driven electricity demand as a leading supplier of utility-scale battery systems," analyst Jon Windham said. The firm reiterated its buy rating on the energy storage stock alongside a $32 per share price target. Fluence Energy is the second-biggest battery supplier at the utility level in the U.S. behind Tesla, UBS noted. "The more data centers consume electricity, the larger the arbitrage opportunity becomes, driving more demand for energy storage systems," the analyst said.

Persons: Jon Windham, Tesla, Windham Organizations: Fluence Energy, UBS, Energy, Nvidia, Data Locations: U.S

☆ Wu-Tang Clan: Fans can finally get a chance to listen to the band’s one copy album… but there’s a catch
▼ + stars: | 2024-05-28 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +3 min

Wu-Tang Clan first announced in March 2014 that it would produce one copy of “Once Upon a Time in Shaolin” to be sold to the highest bidder. The album came in a hand-carved box with a leather-bound book of parchment paper containing lyrics and its backstory. The Wu-Tang Clan originated as a group of rappers from Staten Island, New York in the 1990s. In 2015, notorious “Pharma Bro” Martin Shkreli bagged the album for about $2 million – making it the world’s most expensive music album ever sold at the time. In 2021, the US Justice Department then sold the album without disclosing the buyer.

Persons: CNN —, ”, Wu, Jarrod Rawlins, “, ” Rawlins, Tang, ” Wu, Robert “ RZA ” Diggs, Forbes, RZA, Tang Clan, Bob Berg, Pharma Bro ” Martin Shkreli, Shkreli, Jon Lynn, PleasrDAO Organizations: CNN, Museum, Mona, Tang Clan, Pharma, America ”, Turing Pharmaceuticals, US Justice Department, DoJ, New Art Digital, New York Times Locations: Tang, Tasmania, Staten Island , New York, Shkreli, America

☆ Glen Powell said he almost went broke waiting for 'Top Gun: Maverick' to debut because Tom Cruise didn't want it on a streamer. Then it made $1.5 billion.
▼ + stars: | 2024-05-28 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Read previewGlen Powell said his bank account was "depleting" while he waited for "Top Gun: Maverick" to arrive in theaters after Tom Cruise delayed the sequel during the pandemic. In an interview published in The Hollywood Reporter last week, Powell said he landed in financial difficulty after Cruise refused to release "Maverick" on a streaming service. AdvertisementCruise had faith in the film, which is why he wanted to ensure its theatrical release. According to Box Office Mojo, "Top Gun: Maverick" raked in $1.495 billion worldwide. Powell saw similar success with a theatrical versus streaming release with the recent R-rated rom-com, "Anyone But You," featuring Sydney Sweeney.

Persons: —, Glen Powell, Tom Cruise, Jake, Cruise, Val Kilmer, Miles Teller, Jon Hamm, Powell, I'd, Tom, Sydney Sweeney, Syd Organizations: Service, Business, Hollywood, Office

☆ An influx of new residents to GOP-leaning Montana could be the key voting bloc that decides the state's hotly-contested Senate race
▼ + stars: | 2024-05-28 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

With former President Donald Trump highly likely to win Montana in November, many Republicans believe he'll be able to aid down-ballot candidates like Sheehy. AdvertisementTester, a moderate Democrat, has established a political brand that has defied the state's GOP orientation for nearly 20 years. Greg Gianforte, the Montana legislature passed housing and land-use reform bills that overhauled the construction process — and now permit more housing density. The issue is sure to be a major issue for Tester — as well as the eventual GOP Senate nominee — for a state in transition. National Republicans see Montana as one of their best opportunities to win a "red" seat, especially as many transplants left Democratic-dominated coastal states for a more rustic environment.

Persons: —, Jon Tester, Tim Sheehy, Donald Trump, he'll, Sheehy, it's, Greg Gianforte, Tester Organizations: Service, Senate, GOP, Business, Montana, The New York Times, Census Bureau, GOP Gov, eventual, National Republicans, Democratic, Democrats, Republicans Locations: Montana, California , Oregon, Washington, Bozeman, RVs

☆ 10 Smoking Guns in Trump Hush-Money Trial That Speak for Themselves
▼ + stars: | 2024-05-27 | by ( Laura Italiano | ) www.businessinsider.com time to read: +17 min

Manhattan district attorney's office/BIWhy is this evidence — our third smoking gun — so important? AdvertisementEvidence People's 35 in the Trump hush-money trial. Robert Costello, a key defense witness in the Donald Trump hush-money trial in New York. Manhattan district attorney's office/BI"Rudy was thrilled and said this could not be a better situation for the President or you. From People's 374 Manhattan district attorney's office/BICohen testified that immediately after these calls with Trump, he took the elevator down from his Trump Organization offices at Trump Tower.

Persons: —, Donald Trump, Michael Cohen, David Pecker, Stormy Daniels, Trump, Michael Cohen Alex Brandon, Eduardo Munoz, " Cohen, Cohen, Karen McDougal's, Karen McDougal, McDougal, Daniels, Trump's, Allen Weisselberg, Jonathan Ernst, Jon Elswick, MARK PETERSON, Todd Blanche, Mamaroneck , New York —, Madeleine Westerhout, Westerhout, Cohen —, Weisselberg, Robert Costello, Jane Rosenberg, Rudy Giuliani, Costello, Bob Costello, Rudy, Jay Sekelow, Giuliani, It's Trump, Timothy A, Clary, Donald, he's, — Trump, reimbursing Cohen, Pecker —, Pecker, — that's, Cohen's, Melissa Duran, Duran, Susan Hoffinger Organizations: Service, Business, Reuters, Trump, Prosecutors, National Enquirer, Trump Org, Manhattan Criminal, Getty, Defense, White House, —, Read, Wall Street Journal, FBI, Giuliani, CQ, Cohen's, AMI, Department of Justice, Federal, First Republic Bank, Trump Organization Locations: Manhattan, Trump, New York City, Mamaroneck , New York, Republic, New York, United States

☆ Big Sky, Big Growth: How Montana’s Newcomers Are Shaping Its Senate Duel
▼ + stars: | 2024-05-26 | by ( Kellen Browning | Louise Johns | ) www.nytimes.com time to read: +1 min

Growing up in Bozeman, Mont., Dylan Heintz loved the picturesque views of the snow-capped mountains and the small-town charm. Things were cheap: His dad bought the family home for about $80,000. Drawn by Montana’s natural beauty and easy access to outdoor activities, the newcomers have created an affordability crisis and a local backlash that are transforming the state’s economy and politics. “I love this place, but it’s just a tough place to live in,” said Mr. Heintz, 28, an auto body repairman. “There are a lot of out-of-staters that have some money, and they’re willing to pay above asking price.

Persons: Dylan Heintz, Bozeman, “, ”, Heintz, Jon Tester, Tim Sheehy Organizations: Big Sky, Foods, Senate, Democratic, Navy SEAL, Republican Locations: Bozeman, Mont, Florida, —

☆ How to meditate, with help from Dan Harris
▼ + stars: | 2024-05-26 | by ( Kristen Rogers | ) edition.cnn.com time to read: +8 min

CNN —Twenty years ago, Dan Harris appeared to have it all. Harris typically tries to meditate for a total of an hour every day, he said. A regular practice can also rewire brain regions associated with stress, focus, compassion and self-awareness, science has shown. “That starting over is like a bicep curl for your brain, and that’s the mechanism by which the brain changes.”A Meditation to Prove You Don’t Suck at Meditation Dan Harris guides you through a brief introductory meditation and any distractions that may come up. “Do these people seem like they’ve lost their edge?” Harris said.

Persons: CNN —, Dan Harris, Harris, Robin Roberts, “, ” Harris, ”, Mark Epstein, Jon Kabat, Zinn, devalues, Harper, Harper Collins Publishers Harris, I’m, ‘ I’ll, that’s, —, it’s, LeBron James, Oprah Winfrey, Arianna Huffington, Jerry Seinfeld, Jeff Weiner, George Stephanopoulos Organizations: CNN, ABC News, Good Morning, University of Masschusetts Medical, New York Times, Harper Collins Publishers Locations: Afghanistan, Iraq, Manhattan

☆ Billionaire GOP donor Stephen Schwarzman backs Trump in ‘vote for change’
▼ + stars: | 2024-05-25 | by ( Kayla Tausche | ) edition.cnn.com time to read: +2 min

CNN —Billionaire businessman and lifelong Republican Stephen Schwarzman said Friday he will support the candidacy of Donald Trump with a “vote for change” after years of declining to back a particular GOP presidential candidate. For these reasons, I am planning to vote for change and support Donald Trump for President. Ron DeSantis in May 2023 after a meeting with the Republican presidential hopeful left Schwarzman uninspired. Schwarzman supported Trump in the 2016 election and became a trusted adviser once Trump took office. Gray, the billionaire heir apparent to Schwarzman, has hosted fundraisers for President Joe Biden in the 2024 cycle.

Persons: Stephen Schwarzman, Donald Trump, Schwarzman, Blackstone, Ron DeSantis, Trump, ” Schwarzman, Jon Gray, Hillary Clinton, Joe Biden, Gray Organizations: CNN —, Republican, Trump, Republican Party, Florida Gov, Blackstone Locations: America, Charlottesville, Schwarzman

☆ A human performance scientist who coaches elite athletes shares his efficient longevity workout
▼ + stars: | 2024-05-25 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

"I do a little bit of low intensity. AdvertisementThe first is "very low intensity, very long duration." "Anything where it's a very low heart rate for at least 30 minutes or longer continuously." The second is somewhere in between low intensity and full throttle. "It's not max effort, but it's not low intensity," he said.

Persons: —, Andy Galpin, Galpin, Jon Rahm, Travis Barker, they're, Bryan Johnson, Andrew Huberman's Huberman, He's, it's Organizations: Service, Business, Clippers, California State University, Fullerton, Research, sarcopenia, National Institute, Aging

☆ Moderna and this solar name are among the most overbought stocks after a record-setting week
▼ + stars: | 2024-05-24 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

It may be time for investors to trim positions in overbought names after the stock market reached record levels this week. Certain stocks this week became overbought, based on their 14-day relative strength index, or RSI. Here are the most overbought names in the S & P 500 this week: Moderna was the most overbought stock in the S & P 500, scoring an RSI of about 86.5. Analysts think shares, which have rallied about 28% this year, could peel back roughly 8%. Other oversold stocks include SLB , J.B. Hunt and Molson Coors .

Persons: LSEG, Jon Windham, Johnson, Ulta, Hunt Organizations: Dow Jones Industrial, Nasdaq, Nvidia, Moderna, UBS, Johnson Controls, Bloomberg, Elliott Investment Management, Johnson, Barclays, Deutsche Bank, Jefferies, Molson Coors Locations: U.S, oversold, J.B

☆ Trump’s ‘unified Reich’ video appears to trace origins to a Turkish graphic designer
▼ + stars: | 2024-05-24 | by ( Jon Sarlin | ) edition.cnn.com time to read: +8 min

Bizarrely, the fake article’s text appears to trace its origins to a graphic designer named Enes Şimşek who lives near Istanbul. CNN discovered the video template on Video Hive, a motion graphics template store. According to an email he shared with CNN, Şimşek sent a letter to Support@truthsocial.com with the email subject line: “From the ‘REICH’ video template Author.”“Hi. I am the initial author of that ‘REICH’ video template. Şimşek was again floored when he saw the video of Biden responding to the Trump video.

Persons: Trump, Donald Trump, “, Joe Biden, Enes Şimşek, Şimşek, ”, Enes, Bill Byrne, Byrne, —, It’s, Biden, ” Şimşek, Adolf Hitler’s Mein, Hitler, John Kelly, CNN’s Jim Sciutto, Powers, ” Kelly, ’, ’ Trump, ” Karoline Leavitt, Donald Trump’s, James Singer, I’m Organizations: CNN, AP, Trump, Facebook, YouTube, Arts and Entertainment Technologies, University of Texas, Nazi, White House, Biden, @ramble_rants Locations: America, Nazi Germany, Istanbul, Austin

☆ Billionaire investor Barry Sternlicht, master of the downturn, is now embroiled in one
▼ + stars: | 2024-05-24 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +6 min

Read previewBarry Sternlicht became a real estate billionaire by snapping up commercial properties on the cheap during market downturns. The 63-year-old Miami-based executive, who built his firm Starwood Capital into a more than $100 billion real estate investment behemoth, has now found himself on the flipside of that formula. The situation is a reversal of fortune for Sternlicht, who is more used to capitalizing on real estate dips than becoming entangled in them. But investor sentiment darkened as interest rates rose and put pressure on real estate asset values. "They're concerned that there may be more markdowns in net asset value if interest rates stay higher for longer.

Persons: —, Barry Sternlicht, SREIT, Sternlicht, Matt Malone, REITs, Malone, Kevin Gannon, Gannon, Jon Mechanic, Fried Frank, Mechanic, Barry Organizations: Service, Starwood Capital, Starwood, Income Trust, Business, Federal Reserve, Shareholders, Westin, Caesars, Opto Investments Locations: Miami, Vegas, SREIT

☆ Alaska's pristine rivers are turning a rusty orange even when seen from space, likely because of melting permafrost: study
▼ + stars: | 2024-05-23 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewAt least 75 of Alaska's brooks and streams have been turning a dirty orange likely due to thawing permafrost, with some rivers so impacted that the discoloration can be seen via satellite, a new study says. Rivers and lakes typically have a pH value of 6.5 to 8, and acid rain has a pH value of 4.2 to 4.4. Jon O'Donnell/National Park Service"These findings have considerable implications for drinking water supplies and subsistence fisheries in rural Alaska," researchers wrote. The 75 orange streams observed were scattered across northern Alaska over a span of about 600 miles, the study said. AdvertisementAn orange tributary joins the Kuguroruk River in Alaska.

Persons: —, Jenny McGrath, Jon O'Donnell, Joshua Koch, Biden Organizations: Service, Business, Geological Survey Scientists Locations: Rivers, Kobuk, Alaska

☆ Morningstar: Anglo American has been good at playing 'hard to get'
▼ + stars: | 2024-05-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMorningstar: Anglo American has been good at playing 'hard to get'Jon Mills, equity analyst at Morningstar, says BHP's last bid for Anglo American is "getting expensive" ahead of Wednesday's deadline for a formal offer.

Persons: Jon Mills, BHP's Organizations: Morningstar

☆ Why Tesla is losing share in Europe
▼ + stars: | 2024-05-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Tesla is losing share in EuropeJon McNeill, DVx Ventures CEO and former Tesla president, joins CNBC's 'Squawk on the Street' to discuss Tesla's weak Europe sales, the company's competition with China EV makers, CEO Elon Musk's outlook on autonomous vehicles, and more.

Persons: Tesla, Europe Jon McNeill, Elon Organizations: DVx, China EV Locations: Europe

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