The Prof G Pod with Scott Galloway Prof G Markets: Will Tesla’s Robotaxi Ever Arrive? + Sin Stocks and Zyn Nicotine Pouches
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Jul 29, 2024 Tesla's future hangs in the balance as earnings struggle and overinvestment plagues the electric vehicle market. A Robotaxi could reshape transportation, but political dynamics may also sway stock performance. Meanwhile, Zyn nicotine pouches are trending with Gen Z, raising questions about investing in sin stocks. The conversation dives into corporate communication strategies and the rising importance of ethical investments in a changing consumer landscape.
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Galloway's Donation
- Scott Galloway donated $12 million to UCLA and UC Berkeley.
- He aims to make education more accessible and vocationally relevant.
Alphabet's AI Dilemma
- Alphabet, despite AI investments, hasn't fully leveraged its user base for Gemini, its LLM.
- They may be hesitant to disrupt their existing search business model.
Luxury and China
- LVMH's struggles reflect a broader trend in luxury, impacted by China's economic slowdown.
- Chinese high net worth families reduced spending by 11% last year.