Dow Hits a Record High, Infrastructure Bill Bounce, Tesla Falls After Musk's Twitter Poll, an Exclusive with PepsiCo's CEO, plus Nextdoor's CEO on the Company's Public Debut

Published: Nov. 8, 2021, 3:56 p.m.

b'Carl Quintanilla, Jim Cramer and David Faber began the show with a look at stocks continuing their record run: The Dow hitting a fresh record high led by Caterpillar -- in reaction to House passage of the bipartisan infrastructure bill which has been sent to President Biden\'s desk for his signature. Nucor, U.S. Steel, various materials names and EV charging stocks also participating in the rally. Cramer explored why some investors didn\'t buy into these stocks ahead of Friday night\'s vote. A different story for Tesla: The stock down sharply after Elon Musk conducted a Twitter poll asking users if he should sell a ten-percent stake in Tesla. 58-percent answered "Yes." The anchors discussed the likely reason Musk would sell his stock: He faces a $15-billion tax bill. PepsiCo Chairman & CEO Ramon Laguarta joined the program from the COP26 climate summit in Glasgow, Scotland. He spoke to CNBC\'s Diana Olick (who was at the event) and Jim about how sustainability and ESG goals fit into PepsiCo\'s growth strategy. Social media company Nextdoor made its public debut at the NYSE as part of a SPAC deal with Khosla Ventures. Jim interviewed Nextdoor CEO Sarah Friar -- a former CFO at Square -- about her company\'s game plan for growth as well as the social media landscape. The stock soared 26-percent within the first half-hour of trading.'