Tesla’s Turbulent Track, Exxon Boosts Buybacks, Blackstone’s Jon Gray 12/8/22

Carl Quintanilla, Jim Cramer and David Faber began the show by breaking down the markets with the S&P coming off its 5th negative session in a row. They also reacted to Citi CEO Jane Fraser warning that the United States is likely to enter a recession in 2023. The anchors then talked Tesla, down again in early trading on a report that the company is shortening Shanghai factory shifts and delaying new hires. Also in the hour: David had an exclusive interview with Blackstone President Jon Gray, over the company’s decision to limit withdrawals from its $69 billion private REIT.