J&J Starts Phase 3 COVID-19 Vaccine Trial, Nike Surges On Earnings, Tesla “Battery Day” Reaction, and Southwest Airlines CEO

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Squawk on the Street

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Carl Quintanilla, Jim Cramer and David Faber discussed news out of Johnson & Johnson. The company's COVID-19 vaccine candidate has entered late-stage testing. They also weighed in on the rally in Nike shares after the company's quarterly results blew past street expectations. Tesla also in focus with shares falling after Tuesday's much-anticipated "Battery Day" as Wall Street analysts had mixed reaction to CEO Elon Musk’s presentation at the event. The anchors interviewed Southwest Airlines CEO Gary Kelly in a CNBC Exclusive, as airline CEOs are urging Congress to approve additional coronavirus relief for their industry.