House Passes Infrastructure Bill and Twitter Votes for Musk to Sell Tesla Stock

Published on
November 8th, 2021
Duration
31 minutes

October Jobs Report Beats Expectations with Unemployment Dropping to New Pandemic Low


House Passes Infrastructure Bill and Twitter Votes for Musk to Sell Tesla Stock

Daily Briefing ·
Featuring Samuel Rines, Petr Pinkhasov & Weston Nakamura

Published on: November 8th, 2021 • Duration: 31 minutes

The House passed a $1 trillion bipartisan infrastructure bill on Friday to revamp the country’s transportation, utilities, and broadband structures. Meanwhile, despite Friday’s positive news of the October jobs report, U.S. treasury bonds still fell. This happened after the Fed’s announcement earlier last week to begin tapering bond purchases by $15 billion a month. On Twitter, Elon Musk shared a poll asking people to vote on whether he should sell 10% of his Tesla stock. Nearly 60% of those who participated in the poll voted yes, prompting Elon Musk to offload some stock to help pay his giant tax bill. Real Vision’s Petr Pinkhasov and Weston Nakamura host economist & trader Samuel Rines for a triple treat on today’s Daily Briefing to discuss the infrastructure bill, U.S. treasury bonds, and Tesla stock. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3oakS8T

Comments

Transcript