Supply Chain Chaos, EVgo Surges 10/3/24

from Power Lunch · host CNBC

The port strike is stretching into it’s 3rd day, throwing the U.S. supply chain into a storm. What’s stuck on those ships? Commodities like sugar, coffee and cocoa. We’ll get the latest details.What’s also stuck at sea? Key components for electric vehicles like Tesla’s. That company is getting hurt on 2 fronts: the port strike, and tariffs on parts sourced from China. We’ll discuss that.Plus, speaking of EVs – shares of charger firm EVgo are surging after the company received approval for a huge taxpayer-funded loan. We’ll speak to the CEO about that and much more. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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The port strike is stretching into it’s 3rd day, throwing the U.S. supply chain into a storm. What’s stuck on those ships? Commodities like sugar, coffee and cocoa. We’ll get the latest details. What’s also stuck at sea? Key components for electric vehicles like Tesla’s. That company is getting hurt on 2 fronts: the port strike, and tariffs on parts sourced from China. We’ll discuss that. Plus, speaking of EVs – shares of charger firm EVgo are surging after the company received approval for a huge taxpayer-funded loan. We’ll speak to the CEO about that and much more.

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Supply Chain Chaos, EVgo Surges 10/3/24

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This episode was published on October 3, 2024.

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