Latest / Early Edition with Ryan Bridge / Mitch McCann: US Correspondent on reports Elon Musk is leaving DOGE

Transcript

Mitch McCann: US Correspondent on reports Elon Musk is leaving DOGE · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: To America. We go, Mitch, we can good morning, Good morning.
• 0:03
  Speaker 2: How are you, Andrew. I'm well.
• 0:04
  Speaker 1: Elon Must's time at Doze could be coming to an end.
• 0:08
  Speaker 2: Yeah, this is a big story and it's only come
• 0:09
  Speaker 2: out very recently this morning. Now, Tesla stock has suffered
• 0:13
  Speaker 2: brutal blows already this year. In the first four months
• 0:17
  Speaker 2: of the year, or first three months of the year rather,
• 0:19
  Speaker 2: its stock has been down thirty six percent right, and
• 0:23
  Speaker 2: this morning the company announced that sales or deliveries of
• 0:27
  Speaker 2: its vehicles were down around thirteen percent in the last
• 0:31
  Speaker 2: quarter as well, so bad news for Tesla. It was
• 0:33
  Speaker 2: also down around one and a half percent this morning. Now,
• 0:36
  Speaker 2: there's a new report that's come out saying that Donald
• 0:38
  Speaker 2: Trump has told some of his cabinet secretaries and top
• 0:41
  Speaker 2: officials that Elon Musk's time might be coming to an
• 0:44
  Speaker 2: end at the White House simply because he's done the
• 0:47
  Speaker 2: job he needs to do and he needs to go
• 0:49
  Speaker 2: back to his other companies. The quote that's running on
• 0:52
  Speaker 2: this from Donald Trump is that he said there will
• 0:55
  Speaker 2: be a point at which the secretaries will be able
• 0:57
  Speaker 2: to do this work, and that Elon Musk has a
• 1:00
  Speaker 2: big company to run now. As a result of that
• 1:02
  Speaker 2: story coming out this morning, Tesla's stock is up nearly
• 1:05
  Speaker 2: five percent. So if there was ever a question whether
• 1:08
  Speaker 2: Tesla's brutal few months has been based on him involved
• 1:12
  Speaker 2: with the White House, I think we have our answer.
• 1:14
  Speaker 1: Yes, indeed, And of course the other side will say
• 1:16
  Speaker 1: boycott's and vandalism work, but we don't want to hear
• 1:18
  Speaker 1: that sort of thing. Now, we've been talking about Liberation
• 1:21
  Speaker 1: Day now for a couple of days, and now it's
• 1:23
  Speaker 1: coming nine o'clock our time, so that's in about three
• 1:25
  Speaker 1: hours time. We've already talked about this this hour. What's
• 1:27
  Speaker 1: your take on it?
• 1:29
  Speaker 2: Yeah, this is going to be an interesting one, and
• 1:30
  Speaker 2: I think one of the biggest things we're looking at
• 1:32
  Speaker 2: is what's going to happen, because there have simply been
• 1:35
  Speaker 2: no leaks that have really come from the White House
• 1:37
  Speaker 2: giving a clear indication of what's going to happen here
• 1:41
  Speaker 2: and which countries are going to be affected. Donald Trump
• 1:43
  Speaker 2: has given some hint that he might be going easier
• 1:46
  Speaker 2: than he was first going to. There's a lot of
• 1:48
  Speaker 2: volatility in the US stock market at the moment. Donald
• 1:51
  Speaker 2: Trump is someone that watches the markets very closely and
• 1:55
  Speaker 2: It's interesting to know this is going to happen at
• 1:57
  Speaker 2: four o'clock local time here on the East Cone, which
• 2:00
  Speaker 2: is actually when the markets closed, so that would have
• 2:02
  Speaker 2: been done on purpose, I can imagine. But really I
• 2:05
  Speaker 2: think it's interesting to note that we have had no leaks.
• 2:08
  Speaker 2: It's very unknown what's going to happen at the stage
• 2:10
  Speaker 2: and who's going to be affected.
• 2:12
  Speaker 1: Hey, match, I thank you so very very much.
• 2:14
  Speaker 2: For more from Early Edition with Ryan Bridge. Listen live
• 2:17
  Speaker 2: to News Talks it be from five am weekdays, or
• 2:20
  Speaker 2: follow the podcast on iHeartRadio.