No car company is making more headlines right now than Tesla. Can the electric vehicle company stay ahead in the battle for electric car dominance?
Mark Rechtin, Executive Editor at Motor Trend, says Tesla's competitors are quickly gaining ground. Motor Trend tested out the Tesla Model 3, Nissan Leaf, and Chevrolet Bolt. Rechtin says that the Leaf and Bolt offer the best options, especially if you don't have $60,000 to spend on a Tesla.
Rechtin also discusses the ongoing problems Tesla is having with its Model 3 production. The company continues to fall behind its original target numbers, while its CEO Elon Musk is tweeting about a possible Tesla pickup truck. Rechtin says Musk should focus more on the Model 3 and less on his dream projects.
Sara Hsu, Associate Professor of Economics at SUNY-New Paltz, knows the trade war will affect tech companies in both the United States and China, but it's Chinese firms like Alibaba and Tencent that will be most hit.
The website for spirits enthusiasts wants to be the premier source for all things booze, and since company's founding in 2014, it has advised millennials on what and where to drink, as well as how to mix the latest concoctions. CEO Adam Teeter discusses his plans.
Apple shares rose after-market after the company posted better than expected earnings and revenue for its latest quarter. The company sold fewer of its flagship iPhones but at a higher price, helping revenues top $53 billion. Sales from its services business, which includes its App Store, Apple Music, and iCloud rose 31 percent to $9.5 billion.
After losing $136 billion in market cap in less than a week, Facebook could look to its Instagram Stories platform to boost its slowing ad sales growth and improve its outlook, says Madison Malone Kircher, an associate editor at New York Magazine.
Senator Mark Warner of Virginia is leading the charge against big tech, but he may not accomplish much unless Democrats make major gains in midterm elections, according to Axios reporter David McCabe.
Morgan DeBaun, CEO of Blavity, a platform for black creativity, talks with Cheddar about a recent Series A funding worth about $6.5 million. DeBaun touches on the company's exponential growth and scaling with the help of Google and other digital platforms.
Natori Company's CEO Ken Natori sat down with Cheddar anchors for "Do Better With Cheddar" to discuss fashion retail in the age of Amazon's digital marketplace. Natori tells Cheddar his company has struck a healthy balance with the e-commerce giant.
Jeff Cripe, CEO and founder of in-car commerce company Cargo, tells Cheddar he thinks there's serious room for innovation in the transportation industry. He's partnered with Uber to allow drivers to sell products to passengers, something Cripe thinks may reinvent the experience for riders.
New details have emerged about Walmart's reported plans to develop a streaming service that can rival Netflix and Amazon. Sarah Nassauer, Reporter from The Wall Street Journal, gives Cheddar her timeline on this venture and predicts what type of viewer the service may target.
These are the headlines you Need2Know.
