1. EachPod

Retail Sales, Tesla, & Amazon

Author
Brent & Chase Wilsey
Published
Mon 25 Oct 2021
Episode Link
https://smartinvesting2000.podbean.com/e/smart-investing-102321-retail-sales-tesla-amazon/

  • The National Retail Federation is predicting a new all-time record for Halloween spending which will reach $10.1 billion this year. The previous record was 9.1 billion in 2017. However, there could be a problem.

  • Tesla continues to improve on revenue and earnings. Record revenue was reported at $13.8 billion which delivered a $1.6 billion third-quarter profit for the company. 

  • Amazon announces they will be hiring 150,000 workers on a temporary basis for the holiday season. The starting wage at Amazon is $18 an hour and they say that these employees will be eligible for sign on bonuses and hourly bonuses as well. 

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