Transcript
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This is Scott Becker with the Becker Business Podcast and the Becker Private Equity Podcast. Today's discussion is Tesla, Microsoft and private equity. We're going to try and combine three different subjects, you know, we try and talk a lot about here, private equity startups, AI and and a lot more. And thank you for listening. You know, first, on the Tesla side, Tesla's US Market share has now dropped to an eight year low in August as buyers are buying elect vehicles from a wide variety of rivals, not just Tesla. Tesla's down 13% year to date. It still has so many positive things going on that we won't worry very much about Elon Musk and Tesla. Second, Microsoft. Microsoft's cloud business is exploding as Amazon slows summit AWS. Microsoft is picking up the slack. It's growing 39% year over year revenue growth last quarter. It's got this crazy backlog load of orders. Microsoft continues to really thrive. Third, there's a great piece in the Daily Upside today on the struggles of private equity. Basically saying that private equity firms are being left with an inability to ultimately to exit deals. A $3 trillion backlog of aging unsold stakes. The total dollar amount invested with private equity shrunk for the first time in 20 years or so, declining 2% last year to $4.7 trillion. So those are three stories that we're following. Just a great story in the Daily Upside and some of the travels and challenges of private equity. Again, we're watching all that. Against all that backdrop, the Carlyle Group, one of the largest private equity funds fund firms is performing really well. They're up about 26% year to date. In any event, thank you for listening to the Becker Business Podcast. The Becker Private Equity Podcast. Today's discussion, Tesla struggling. Microsoft winning in the Private equity business struggling. Thank you for listening to the Becker Business Podcast. The Becker Private Equity Podcast. Thank you very, very much for joining us.