Tesla’s Master Plan, A CLEAR Travel Picture, An ESG Vote 03/02/23

Tesla investors were unimpressed by the company’s presentation at this week’s investor day. CNBC’s Phil Lebeau recaps the stock reaction and investor disappointment, while former Ford CEO Mark Fields offers a big picture perspective on electric vehicles and the competition between software companies making cars and automakers making software. Biometric security company CLEAR is ramping up its presence in US airports and stadiums; CEO Caryn Seidman-Becker discusses traveler traffic and trends, including her bullish outlook on the industry, despite rising airfares. Plus, investors concerned about the Fed’s interest rate hikes are pushing bond yields higher, and the U.S. Senate voted to overturn a rule allowing retirement fund managers to consider ESG (environment, social, and governance) when making investments on behalf of pension plan participants.

 

In this episode:

Caryn Seidman-Becker, @CLEARCaryn

Phil Lebeau, @Lebeaucarnews

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie