TRADING THURSDAY: TESLA'S VEHICLE EQUATIONS AND DISNEY LAYS OFF 28000 EMPLOYEES

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.

THANKS FOR LISTENING!

--

Continue to support the show by subscribing, sharing and leaving comments on your favorite platforms. This help others like yourself find me. Supporting the show will allow me to continue to provide great content and special guests.

Follow me:

• Main page: https://www.aboutthatwallet.com
• Instagram: https://www.instagram.com/aboutthatwallet/
• Youtube: https://www.aboutthatwallet.com/youtube

--

SPONSORS:

DISCLAIMER: these are sponsored links in which I get paid and you can benefit for being a listener to the podcast.

Start your investment journey With 4 free stocks. Open an account and get 2 free stocks! Deposit and get another 2 free stocks!  https://aboutthatwallet.com/webull

Gain access to over 55,000 training videos to increase your skillset: https://aboutthatwallet/offers

—

DISCLAIMER: I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in this audio are for educational purposes only. You must do your own research and make the best choice for you.  Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. If you need advice, please contact a qualified CPA, CFP, an attorney, insurance agent, financial advisor, or the appropriate professional for the subject you would like help with.

--- Support this podcast: https://podcasters.spotify.com/pod/show/aboutthatwallet/support