Tesla reports record profits and beats expectations

Published: Jan. 26, 2023, 5:23 p.m.

Chuck Zodda and Mike Armstrong react to the earnings report from Tesla. The company posted record profits and beat on earnings and revenue. U.S. GDP rose to 2.9% in the fourth quarter, capping off a year of high inflation. IBM announced a round of layoffs, amounting to 1.5% of their workforce. Problems continue to mount for the MBTA, now they have to shutdown the Orange line again. Natural gas prices have dropped below $3 for the first time since May 2021.