Tesla Jumps: Will Musk’s $56 Billion Pay Be Approved? | Bloomberg The Pulse 06/13/24

From Bloomberg Markets and Finance.

Bloomberg’s global autos editor Craig Trudell discusses Elon Musk’s ongoing fight for his controversial pay package at Tesla. Also on the show, former Fed Vice-chairman Richard Clarida discusses the outlook for the Federal Reserve. Officials at the central bank have dialed back their expectations for interest-rate cuts this year, though Chair Jerome Powell kept the door open for more as he emphasized the new forecasts represented a conservative approach. The update shows officials now expect to lower borrowing costs only once in 2024 instead of the three reductions penciled in previously.

Today’s guests: Richard Clarida, Pimco & Former Fed Vice-chairman

00:00 Welcome
02:22 Richard Clarida, Pimco & Former Fed Vice-chairman
12:35 G-7 leaders agree to tap frozen Russian asset for aid to Ukraine
17:17 Pre-market movers
18:35 Tesla high premarket amid CEO Elon Musk touts pay package vote
19:39 Beijing blasts EU for EV tariffs
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
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More on Bloomberg Television and Markets

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