On this edition of our Goldman Sachs entrepreneur series Kristen Scholer and Tim Stenovec discuss the top cities where small businesses and start-ups are thriving. Austin, Texas and Boulder, Colorado make the list. As companies start steering away from Silicon Valley these other metro areas provide a skilled workforce and established venture capital firms. Plus, we highlight Enrique Torres, the Co-owner, and President of Excellent Fruit and Produce in Miami, another city on the list!

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Tesla’s profit fell in third quarter even as sales rose
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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