SQUAWK BOX, THURSDAY 20TH OCTOBER, 2022

Tesla beats on the topline but misses revenue estimates which drives the share price down in extended trade. CEO Elon Musk is bullish, saying that the company’s market cap could eventually exceed that of Apple and Saudi Aramco combined. Beleaguered UK Prime Minister Liz Truss is rocked by the departure of Home Secretary Suella Braverman over immigration targets. Wall Street sees the 10-year yield rising to its highest level since 2008. Asian markets follow suit prompting the BoJ to put a floor under bond prices. And in earnings news, Swiss-Swedish industrial titan ABB posts a Q3 beat in orders and revenue and signals it will hit its 2023 margin targets a year early.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.