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- š Tesla's Robotaxi Day
š Tesla's Robotaxi Day
š EV Updates, Celebrating Scott Bieler, and Week End Market Trends
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The week is ending, but the day is just getting started.
Welcome to Friday! Please, hold your applause.
Today we have the scoop on Teslaās Robotaxi event, some more from GM (theyāve been busy lately), and another peek at the slow motion bicycle accident that is Stellantis lately.
We also released an uplifting article from our friends at West Herr, and all the data you need to get a clear picture of the week.
Enjoy andā¦
Keep Pushing Back
-Paul, Kyle, Chris & Kristi
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Today's Email
āļø Todayās News
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Teslaās Robotaxi Day
Tesla unveiled its Cybercab at the "We, Robot" eventāan autonomous, driverless taxi set to hit the roads by 2026 (maybe). With flashy suicide doors and no steering wheel, itās a bold step toward Muskās self-driving dream. Optimus robots also made an appearance, adding some futuristic flair. Read the full article here. (Read Time: 4 mins 18 secs)
GMās Electrified Future in China
GM hit a major milestone, selling more EVs and hybrids than gas-powered cars in China for the first time. While itās a win for electrification, theyāre still battling stiff competition from local brands like BYD. Full sales numbers and challenges aheadāread the full breakdown in our digest.
Stellantisā Rocky Road to Recovery
Stellantis is facing a tough year with dropping sales, frustrated dealers, and unsold inventory piling up. With profits halved and stock prices sliding, itās going to be a bumpy roadāunless new tech can turn things around.
Catch the full story in our latest digest.
TOGETHER WITH KRETE
Be the main character. Confidence starts with better skin.
We get it. Youāre a busy guy. Skin care might not be at the top of your to-do list, but dry skin, redness, and blemishes wonāt go away on their own.
Enter Krete's One-Two Punch, the no-BS skin care combo for guys who want results without the hassle.
The Probiotic Facial Cleanser and Hydrating Facial Serum make skin care as easy as wash, hydrate, DONE!
No long, complicated routines, no drama. Just simple, effective skin care that works.
Give it a shot. Your skin will thank you.
āļø Watching the Markets
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The fourth quarter sure didn't waste any time stirring the pot, with markets jittery over labor stats, port disputes, global tensions, and the looming the presidential showdown. However, some relief emerged as the week unfolded, aided by positive labor-market data and a tentative resolution to the port strike.
Labor Market Surprises ā September's nonfarm-jobs report exceeded expectations, with 254K jobs added compared to the forecasted 150K. The unemployment rate dipped to 4.1%.
Solid Foundations ā Despite lingering geopolitical uncertainties, the economy continues to grow. The Fed is expected to cut rates through 2025, and inflation is gradually moderating.
Edward Jones / FactSet
Data shows that U.S. consumers are continuing to tighten their belts and hold off on big buys and splurges. Even as inflation cools, itās still got its claws in everyday costs, leaving less room for the fun stuff.
Big-Ticket Items Get the Cold Shoulder ā By August, transactions over $1,000āthink home renos and other splurgesādropped by 5.8%. Consumers arenāt keen on financing those pricier purchases when interest rates are still this high.
Retailers Feel the Pinch ā Big box stores like Target have managed a 2% bump in same-store sales, but only after slashing prices on the basics. Home Depot echoed a similar story of cautious customers.
Experian / Bureau of Economic Analysis
š Want more updates? Keep reading here. š
AROUND THE ASOTU-VERSE
šļø Coming Soon
š¤ November 5-8th ā Opening presenters at the 2024 ATAE PR & Communications Focus Group Meeting in Austin, Texas.
āļø January 23-26th, 2025 ā NADA Show in New Orleans.
š¦ May 13-16th, 2025 ā ASOTU CON in Baltimore, Maryland.
š¬ More Than Cars: Episode 4
Join us for the premiere of our latest episode of More Than Cars on November 13th at 1:00pm EST featuring the incredible team at Mohawk Chevrolet!
š„ Quick Hits: Milton, Europa, Groceries, and Apple TV
Hurricane Milton battered Florida from coast to coast Wednesday night into Thursday morning. Hereās what to know if you need aid, or how you can help others. āļø
NASA's Europa Clipper mission launches soon, aiming to explore Jupiter's moonāEuropaāwhich may harbor a vast ocean beneath its icy surface. š
U.S. consumer prices rose slightly above expectations in September, with inflation increasing 2.4% year-on-year. The Federal Reserve may still cut rates next month. š„
Apple TV Plus will be available as a $9.99 add-on to Amazon Prime Video in the U.S. later this month, aiming to expand its audience amidst growing competition from top streaming platforms. Why are they so dead-set on reinventing cable? šŗļø
š Today in History: Trains, Carlin, and Space Walkinā
1883: U.S. and Canadian railroads agree to use of five time-zone system for North America. ā°
1975: "Saturday Night Live" created by Lorne Michaels premieres on NBC with George Carlin as host. šŗ
1984: The first space walk by an American woman, Dr Kathryn D Sullivan. š©āš
Thanks for reading, friend! As long as there is somebody to do somethign and somebody else to see what they did the news will flow. So, ya know, check back in tomorrow or on one of the social account links below.
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