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What Next | Daily News and Analysis

TBD | Why Wall Street Can’t Quit Elon

What Next | Daily News and Analysis

Slate

News, Daily News, News Commentary, Politics

4.62.3K Ratings

🗓️ 6 April 2025

⏱️ 35 minutes

🧾️ Download transcript

Summary

Elon Musk’s polarizing persona and antics have created a toxic cloud around his companies, particularly Tesla. But despite that, Wall Street can’t seem to quit him. Why?  Guest: Felix Salmon, host of Slate Money and chief financial correspondent for Axios. Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:54.8

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1:02.0

The first thing I do when I have someone in the studio is ask them to tell me who they are and what they do.

1:10.7

Can you identify yourself, sir? I am the one and only Felix Salmon. I host the Slate Money

1:17.6

podcast. I have done for over a decade. Oh yeah. Today, we have a bit of a collab for you.

1:23.6

I feel like I'm an old timer here, and I also glory in the title of Chief Financial

1:30.3

Correspondent at Axios. I brought Felix in because I wanted to talk to him about a little

1:37.8

electric car company that had a bad week. Tesla's vehicle deliveries were down 13% compared to the same quarter last year. That

1:47.7

news came just after the stock had its worst quarter in three years. I asked Felix what to make

1:53.6

of these numbers. They were terrible. Tesla just didn't deliver very many cars.

2:01.2

We knew that their numbers in Europe were going to be bad,

2:04.4

because when you are Elon Musk and you go out supporting neo-Nazis in Germany,

...

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