The Jaguar I-Pace is an all electric SUV with a 240 mile range starting at $69,500. It goes from zero to sixty in 4.5 seconds. It's not a price point for everyone but it can challenge Tesla's Model X.
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The Jaguar I-Pace is an all electric SUV with a 240 mile range starting at $69,500. It goes from zero to sixty in 4.5 seconds. It's not a price point for everyone but it can challenge Tesla's Model X.
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Dept. of Finance
September 2, 2019 Issue
The Rich Can’t Get Richer Forever, Can They?
Inequality comes in waves. The question is when this one will break.
By Liaquat Ahamed New Yorker 2019. The jump in inequality has been most dramatic in the United States, where the share of income going to the top one per cent has soared from eight per cent in the early eighties to almost twenty per cent today.
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Tesla stock decreased significantly after their latest earnings announcement. It had one of the greatest run ups of to a $200 billion plus market cap in history. In 2020, the stock went from the mid $361 to $1794. Currently, they provide the best option for electric vehicles. Porsche released the Taycan but it costs $100k. Ford's Mustang Mach E looks promising but it won't be out till Fall 2020. In the June quarter, Tesla delivered 90,000 vehicles. At 360,000 vehicles delivered per year and a $262 billion market capitalization, the company is worth $727,000 per car sold. The cars sell for $40k to $130k. BMW sells 2.3 million cars per year with a similar price range. At the same valuation per car, Tesla would be worth $1.6 trillion. -July 24, 2020 #stocks
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