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.
Facebook shares continued to fall Monday after the FTC officially announced it was investigating the social media company over its privacy practices. Cheddar reached out to Facebook for a comment on the FTC probe and received the following statement from Deputy Chief Privacy Officer Rob Sherman:
“We remain strongly committed to protecting people’s information. We appreciate the opportunity to answer questions the FTC may have.”
Chad Morganlander, Portfolio Manager at Washington Crossing Advisors, weighs in on recent market volatility we've been experiencing. He also discusses Dropbox's public debut and whether the company can keep up momentum while so many other tech stocks are tanking. As far as what to expect from the markets moving forward, Morganlander says "put your seatbelt on, put your helmet on, and just ride out the volatility."
Bonnie Fuller, editor-in-chief at Hollywood Life, joins us to recap the biggest moments from the March For Our Lives rally in Washington over the weekend. Fuller says one of the most powerful moments was when Parkland student Emma Gonzalez remained silent for several minutes to represent how many minutes the shooting lasted. The students are planning another national school walkout next month to keep up the pressure on lawmakers to pass gun legislation.
Waymo has been taking a more "slow and steady approach" to self-driving tech than Uber and has racked up more miles of testing, says Alex Roy, Founder of The Human Driving Association. Uber took heat this week after one of its autonomous vehicles struck and killed a woman in Tempe, Ariz.
The problem with regulating Facebook is that the social media network operates in over 190 countries in a multitude of languages. On top of that "governments themselves are abusing it," making it an extremely complex company to rein in, says David Kirkpatrick, author of "The Facebook Effect: The Inside Story of the Company That is Connecting the World."
President Trump's proposed tariffs on Chinese imports and Facebook's privacy scandal both weighed down markets Thursday, said Daniel Ives, Chief Strategy Officer at GBH Insights. The Dow ended the day more than 700 points lower.
On Wednesday night, the Facebook CEO sat down with four media outlets to discuss the Cambridge Analytica scandal that has engulfed the company for the past week. While he hit the right tone and talking points, he didn't really address most users' concerns, says Ina Fried, Chief Technology Correspondent at Axios.
Many know Roku for its hardware. But it's focusing on content distribution and streaming, and CEO Anthony Wood says on that basis, it would be the third largest cable operator in the U.S.
Congressman John Garamendi (D-CA) told Cheddar he believes the Trump campaign was aware of the use of private data harvested off Facebook and is outraged the social media company sought to profit off the move. The company remains under fire amid a data scandal that unveiled private information of more than 50 million users to an analytics firm working for the Trump campaign.
Artists who are just putting out their first products turn to SoundCloud, whereas other platforms pick them up after they've built a bit of momentum. That gives the company its edge, says Kerry Trainor, CEO of the music streaming platform.
The way Facebook's CEO has handled the privacy scandal so far raises questions about his leadership ability. His age might be to blame, says Rasmus Houggard, author of "The Mind of the Leader."
