This is not a retail problem only from a product loss because what we've started to see is the impact. There are definitely going to be issues with loss and shrink, whether it be error or intentional. But retailers will tell you that even though there are losses at the self-checkout, that compared to using your example of somebody going through a Lowe's or a Home Depot with a flatbed full of power tools and large items they're actually stealing that merchandise.
Rivian, Ford, and General Motors are all on-board to make cars that can use Tesla’s charging standard. But this collaboration won’t slow down the competition in electric vehicles any time soon.
(00:12) Asit Sharma and Dylan Lewis discuss:
- Why Rivian, Ford, and General Motors are signing on to make cars work with Tesla’s North American Charging Standard (NACS).
- What’s behind Tesla’s 140% jump in shares so far in 2023
- Hyuandai’s $28B 10-year commitment to EVs and the Chinese government’s new $72B tax break program.
NOTE: In the discussion, we accidentally refer to the combined charging standard as “CSS” instead of “CCS”
(12:30) Ricky Mulvey caught up David Johnston, a vice president of asset protection and retail operations for the National Retail Federation to take a look inside retail crime syndicates and what's being done to stop them.
Companies discussed: TSLA, F, GM, LOW, TGT, HD, CVS
Host: Dylan Lewis
Guests: Asit Sharma, David Johnston, Ricky Mulvey
Producer: Ricky Mulvey
Engineers: Tim Sparks
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