A take on business from Times Square
Sponsored by NYC News Service and CUNY Newmark J-School
Reporter
After waiting almost a month for his Tesla Model 3 to arrive from the company’s Shanghai factory, Jacky Teng canceled his order and opted for an electric vehicle that cost a fraction of the price.
Tesla’s massive lead over other electric-vehicle makers leaves room for disruption, as the Elon Musk-led company approaches a milestone in the automaker’s history.
Tesla is an overvalued, overhyped company that woos investors with product ideas that are either half-baked or completely unreal.
The fallout from the pandemic pushed Anna Kordon, 28, to start saving to become a homeowner.
Tesla’s recent Battery Day event gave the automotive world a status update on the company’s long-time push to make its prices competitive with gas-powered cars.
Key players in the off-price retail sector are showing signs of a mid-pandemic rebound as investors bank on the economic crisis spurring long-term demand for discount goods.
About the Journal
The Times Square Investment Journal covers companies, markets and personal finance from a newsroom in the heart of Manhattan. The Journal is sponsored by the NYC News Service and the Craig Newmark Graduate School of Journalism at CUNY.
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greg.david@journalism.cuny.edu