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Squawk on the Street

The Tesla Bot, Delta Derails, Autos Chipped

Carl Quintanilla and Morgan Brennan started the show with a look at markets, with the Dow on pace for its worst week since June. The anchors also brought up big businesses dealing with COVID concerns, as Apple said that its staff won’t be returning to the office until January. CNBC’s auto & airline reporter Phil LeBeau also joined with highlights from Tesla’s A.I. event yesterday, where the company announced it is working on a humanoid robot with a prototype supposedly coming ‘sometime next year.’ Also in focus: Foot Locker wrapped up a big week of retail earnings, with the stock soaring on this morning’s results, and former Cypress Semi CEO T.J. Rodgers talked the ongoing chip shortage, saying “this is going to be over by the end of this year – for most stuff we buy.”

Broadcast on:
20 Aug 2021