Elon Musk, “A Bona Fide Texan,” & Wall Street’s Scandals, from Goldman Sachs to Tapestry

Texas Governor Greg Abbott discusses the new $1B Tesla factory moving into Austin. After issuing a statewide mask mandate, Governor Abbott explains his strategy for keeping Texan businesses open amid rising coronavirus cases. The U.S. and China are in a diplomatic spat that’s escalating quickly, and the highly anticipated big tech hearing on the Hill has been postponed. Plus, two Wall Street scandals: Goldman Sachs has reached a settlement with Malaysia, putting the star-studded 1MDB debacle to bed, and Coach & Kate Spade parent Tapestry’s CEO abruptly resigned as questions about his past behavior came to light. Vanity Fair special correspondent and CNBC contributor William Cohan chronicles how what started as a profile on Jide Zeitlin turned into a bizarre discovery of a double life. Happy National Tequila Day!