Tesla earnings, the future of Spirit Airlines, WBD shareholder vote and more in Morning Squawk
By Alex Harring
Published on April 23, 2026.
Tesla reported stronger than expected earnings for the first quarter but its revenue came in under analysts' estimates, leading to a 3% drop in shares. The company confirmed plans for "more affordable trims" of its Model Y SUV and Model 3 sedans as it struggles to compete with cheaper, more advanced models from rivals. CEO Elon Musk also revealed that older models with their Hardware 3 computers will not be able to run Tesla's new self-driving tech. Bank of America warned that Kevin Warsh's proposed use of "trimmed averages" to measure inflation could potentially backfire. Warner Bros. Discovery shareholders will vote on Paramount Skydance's proposed acquisition of WBD.
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