3 July Watchlist đź‘€

 

Today we are watching…

1.  Tesla (#tesla)

Tesla’s production line is working overtime as the stock soars with new production and delivery numbers! Cars deliveries topped 95,200, a useful metric that’s equivalent to sales, and almost twice that of last quarter. Not bad for a company that’s been days away from bankruptcy multiple times. Straight back to work, however. Investors are now paying 7% more for the stock, demanding the company protect those numbers as competition sets in.

2. Nike (#nike)

PR disasters left, right, and center in the sneaker scene! Nike just got into a wrangle with NFL star Colin Kaepernick over the design of a shoe, the only consolation being a recent Adidas blunder on social media. Investors, for now, have taken no offense. However, consequences for the shoe dog are in the pipeline as Arizona takes away a tax break, and the market awaits the reaction of consumers. Oops, Nike.

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