Seeking Alpha author Kirk Spano joins Cheddar to discuss his view on the electric vehicle industry and how it relates to the demand for oil. He talks about fracking and the "peak" of the oil plateau.
Spano suggests that fracking is done accelerating and will most likely only produce 10-11 million barrels a day moving forward.
He believes the takeover of electric vehicles may not happen as soon as people expect. He doesn't see families giving up their cars and dropping everything to go electric. He predicts 1 billion EVs will hit the road by 2040. Additionally, Spano believes oil prices will rise a bit and worries that war may drive up the demand.
Ed Gaussen, co-founder and CEO of Mantra Health, and Matt Kennedy, co-founder and COO of Mantra Health, joined Cheddar News to discuss the digital mental health startup's latest funding round and plans for the future.
Tire manufacturer Michelin is partnering with the popular video game "The Sims FreePlay" in order to meet teens where they are to promote driving safety. Michelin North America Chairman and President Alexis Garcin joined Cheddar News to discuss how the #GoldenGauge program integrates with the game. "If you're a gamer yourself or your kids, then while you're driving and moving on the application, you will find a Michelin billboard, and if you engage with that billboard, then you will get some advice about how tires are critical for your safety on the road," Garcin explained. *Updated with the full title of 'The Sims FreePlay' and a typo fix in the name of Alexis Garcin.*
The video game industry has come a long way from the first commercialized 3D video game in 1980, but it still has a long way to go. Video game creators have recently been called out for not having realistic Black hairstyles in their games and graphic artists are now taking matters into their own hands by creating The Open Source Afro Hair Library. Jovan Wilson, 3D artist and resident for The Open Source Afro Hair Library, joined All Hands to discuss.
After reporting record deliveries in Q4, expectations are high for Tesla's Q4 earnings call. Garrett Nelson, senior analyst and VP of equity research at CFRA, joined Cheddar News to discuss predictions about the report and what he sees as the emphasis on the EV maker's future. "We think the focal point of the release is really going to be on their guidance for 2022, the timing of the ramp-up of their new factories in Texas and Germany in the face of these chip shortages and supply chain issues, and also next steps in its long-term growth plans," he noted.
Coming off of a fourth-quarter delivering just over 300,000 cars, Tesla is expected to report tremendous earnings after the bell on Wednesday. Al Root, a senior writer for Barron’s, spoke with Cheddar’s Baker Machado about the anticipated earnings report and speculated about what Elon Musk will discuss during the call with investors, including a Cybertruck update, new factories, a possible new vehicle, and/or new larger form batteries. "There's a menu of things he could talk about, and any combination of those would be good," said Root.
The American Federation Teachers Union has announced its latest partnership with NewsGuard in efforts to help educators play a greater role in deciphering facts from fiction that students see online. They say the goal is to help students build critical-thinking skills while also teaching them the importance of media literacy. Executive Vice President of Partnerships at NewsGuard, Sarah Bandt, joined Cheddar to talk more.
