TESLA’S MARKET VALUE SURPASSES FORD MOTORS & GENERAL MOTORS MARKET SHARE VALUE COMBINED!

Image Credit: NBCNews.com

By: Economic & Finance Report

Breaking News: Tesla Inc market value has now surpassed both legendary Ford Motors and General Motors company market values combined.

January 8, 2020 (Wednesday) Tesla Inc had a market cap of $89 billion, approx 2 more billion dollars then Ford Motors ($50 billion) and General Motors ($37 billion) combined.

Many of Tesla Inc’s attributes for rising market cap has to be with a profitable 3rd quarter the electrical auto maker had; also surpassing auto deliveries in the Chinese market, while also having its stock more then double over the past few months. These all seem to be contributing factors to its increased market cap currently.

With all the accolades Tesla has achieved, there are skeptics in the investment community who believe the company will not able to sustain cash flow nor provide more profitability in the next few years.

All this remains to be seen...SB

1 May 2019

1) As American farmers age, more of them are cashing out of the grain business with the number of farms decreasing from consolidation. Auction houses report their sales of closing farms are up 30%, a result of consecutive years of harvest and low grain prices, made worst by the China-U.S. trade war.

2) The Las Vegas based resort company MGM announced a planned 1,000 layoffs by June in an attempt to reduce costs and boost earnings. So far, 35 executives have taken voluntary retirement as part of the company’s restructuring.

3) Rising meat prices is weighing down on many restaurant chain’s bottom lines, at a time when rising minimum wages is cutting deeply into profits, which will start forcing their prices up leaving consumers paying more.

4) 30 APR 19 Stock market closings:

  Dow             26,592.91         up     38.52
Nasdaq           8,095.39    down    66.47
S&P 500          2,945.83          up      2.80

10 Year Yield:      down   at    2.51%

Oil:    down   at    $63.47

29 April 2019

1) America’s GDP (Gross Domestic Product) for the first quarter of 2019 grew to 3.2%, well above the predicted 2.5% by experts. The US growth makes the American economy the strongest in the world.

2) Exxon Mobil oil company’s profits for the first quarter fell 49% to $2.36 billion dollars. The company is spending more on oil production, while also having lower margins in their refinery business. Exxon is expanding its production in the Permian Basin of west Texas and New Mexico, causing a 42% spike in exploration and production spending.

3) The technology stocks $1 trillion dollar rally continues. The tech sector has outperformed every other industry, with monies pouring into the technology stocks.

4) 26 APR 19 Stock market closings: Again Nasdaq and S&P 500 set record highs.

Dow              26,543.33    up    81.25
Nasdaq           8,146.40    up    27.72
S&P 500          2,939.88    up    13.71

10 Year Yield:    down   at    2.50%

Oil:    down   at    $62.80

EFR Podcast Episode #19: 2017 Yearly Wrap Up & Review (Bitcoin,Trump’s Republican Tax Bill, & China Debt)

By: Economic & Finance Report

Mega host Sammy BE (Bizman Bassey) co host James Lymon, along with Jon Don Sterling (on the boards), wrap up 2017 with a year end review on the economy, business and finance.

They engage on topics ranging from Bitcoin, stocks profits/declines, Trump’s Republican tax bill (which he signed into law before Christmas began), our military & manufacturing sector encompassing a strong nation and our huge deficit and/or debt to China(in the $$$trillions$$$ of dollars)……

This year has seen its share of ups and downs in the economic & financial stratosphere but overall the year turned out to be a learning experience, as every year before it should be. Only time can tell what the new year (2018) will bring.

One thing is for sure 2018 shall surely be one that is newsworthy on the economic, financial and business front, and as it develops we will report on it, discuss it, and of course podcast it… The EFR Podcast show… Happy New Year 2018.

Remember to tune in, and continue to #Stay Blessed & #God Bless…

Website Platforms To Check Out:

1) www.instagram.com/EcoFireTV

2)www.twitter.com/EcoFireTV

3) www.Economic&FinanceReport.com (Economic & Finance Blog Site)

4)@Economic-FinanceReport (Podcast/Online Show)

5)www.youtube.com/channel/UCWZo5bug…Nlb2VRfDCQ/videos (EFR.Tv Youtube Ch)

6)www.SammyBuysHomes.com (Real Estate Investment)

7) www.TraderSoul.com (Financial Trading Website)

EPISODE 12 EFR PODCAST: ECONOMIC REFORM 2017!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Economic & Finance Report

Back with the latest episode of the EFR podcast; the first episode of the new year, Businessman Bassey along with co host James Lymon and super engineer KH (Kyle Harper), speak on economic and financial developments that occured in the first quarter of 2017.

Topics range from the economy, stock market, wall street, IPOs, companies, wages, labor, global markets, investing, people, and business talk across the economical and financial spectrum…… Check the episode below… Stay Blessed & God Bless-SB