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TRADING THURSDAY: TESLA'S VEHICLE EQUATIONS AND DISNEY LAYS OFF 28000 EMPLOYEES
1st October 2020 • ABOUT THAT WALLET • Anthony Weaver
00:00:00 00:14:11

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Tesla’s value is based on a simple equation that Elon Musk mentioned on battery day. 

Current Stock $429 as of 09/30/2020 (International Podcast Day

Stockholders and Battery Day Tuesday, September 22, 2020

31mins 20 seconds into the battery day Elon Musk mentions the equation by saying

  • “...the value of tesla’s going to be the total v produced times the value of autonomy”

Take aways from Battery Day

  1. TABLESS BATTERY CELLS WILL IMPROVE TESLAS’ RANGE
  2. MODEL S PLAID WILL COST $139,990 AND BE AVAILABLE IN 2021
  3. A NEW CATHODE PLANT IS COMING
  4. NO MORE COBALT IN THE CATHODES
  5. A $25,000 CAR IS A NEW GOAL

Disney lay offs 28000 people on Sept. 30th!

Stock Price: $124 as of 09/30/2020

https://markets.businessinsider.com/news/stocks/disney-layoffs-2020-things-to-know-1029637214#

  • Disney is laying off 28,000 employees due to the coronavirus.
  • These employees are mostly connected to its parks, which haven’t ben able to fully reopen yet.
  • Of the employees being laid off, the company says that 67% of them are part-time workers.
  • Disney doesn’t breakdown which parks the 2020 layoffs are taking place at.
  • However, we do know that it has been able to reopen all but two parks in a limited manner.
  • The two parks still closed are Disneyland and California Adventure, both of which are located in California.
  • Disney wants to reopen its parks in California but is unable to do so due to decisions by the state government.

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