Tech Stocks Take a Dive | Pivot

Kara Swisher and Scott Galloway discuss tech stocks taking a dive after unimpressive earnings from Tesla and Alphabet. What does this mean for the EV market? Were Alphabet’s earnings really that bad? And who rode in a Cybertruck, Kara or Scott? #pivot #podcast #tesla #alphabet

Kara SwisherhostScott Gallowayhost

Jul 26, 20246mWatch on YouTube ↗

EPISODE INFO

Released: July 26, 2024
Duration: 6m
Channel: Pivot
Watch on YouTube: ▶ Open ↗

EPISODE DESCRIPTION

Kara Swisher and Scott Galloway discuss tech stocks taking a dive after unimpressive earnings from Tesla and Alphabet. What does this mean for the EV market? Were Alphabet’s earnings really that bad? And who rode in a Cybertruck, Kara or Scott? #pivot #podcast #tesla #alphabet

SPEAKERS

Kara Swisher
host
Scott Galloway
host

EPISODE SUMMARY

In this episode of Pivot, featuring Kara Swisher and Scott Galloway, Tech Stocks Take a Dive | Pivot explores tech Stocks Stumble as Alphabet Hesitates on AI, Tesla Overpromises Kara Swisher and Scott Galloway unpack the recent drops in Alphabet and Tesla shares and their outsized impact on the NASDAQ and S&P. They argue Alphabet’s fundamentals are fine but the company is trapped in an innovator’s dilemma, torn between protecting its search cash cow and going all‑in on Gemini and AI. Tesla, by contrast, is portrayed as facing structurally tougher problems: intensifying EV price competition, aging products, and an extreme valuation overly dependent on a speculative robotaxi future. The conversation also criticizes Elon Musk’s governance and capital allocation, suggesting he has squandered a dominant position through distraction and poor oversight.

RELATED EPISODES