Equity Equity Monday: Remember how this whole working thing works?
4 snips
Jan 3, 2023 Kicking off 2023 with a bang, the conversation dives into Tesla's disappointing delivery numbers and Meta's talent acquisitions amidst looming antitrust issues. A new protocol promises greater interoperability for messaging apps, echoing last year's crypto decentralization. The excitement builds as they preview innovations to expect from CES, focusing on robotics and Web3, while maintaining a hopeful outlook for the year ahead. Big ideas and tech trends set the stage for an inspiring start!
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Tesla's 2022 Performance
- Tesla missed its delivery guidance and projections for 2022, despite 40% delivery growth.
- This miss, along with Elon Musk's Twitter antics, contributed to Tesla's share price dropping 65% in 2022.
Meta's Acquisition Strategy
- Meta acquired Luxexcel, a smart eyewear company, continuing its strategy of acquiring startups with advanced technology.
- This acquisition raises antitrust concerns, given Meta's ongoing scrutiny over a VR fitness product.
GE Healthcare's Debut
- GE Healthcare, a combination of GE's medical technology and digital solutions, will be listed on the NASDAQ.
- This listing follows GE's decision to split into three separate companies.