- Preheat oven to 350
- In a bowl, mix together mashed bananas, mayo, and egg. In a separate bowl, combine flour, sugar, baking soda, salt, and pecans
- Add flour mixture to wet mixture and stir until combined
- The mixture will be very thick, do not over mix
- Pour into a greased loaf pan. Bake 60-70 minutes or until a toothpick comes out clean.
- Remove from pan and allow to cool completely
Assuming you’ve made a delicious loaf of banana bread, here’s what you missed in the news yesterday.
Tesla (TSLA) Releases Affordable Tesla That Runs on AA Batteries
The new Model 3 doesn’t actually run on batteries, but Tesla (TSLA) CEO Elon Musk announced on Twitter (TWTR) that the company’s Model 3 sedan is officially on the sale rack. Musk wrote, “costs 35k after federal and state tax rebates in California, but the true cost of ownership is closer to 31k after gas savings.
“As Model 3 production and sales continue to grow rapidly, we’ve achieved a steady volume in manufacturing capacity, allowing us to diversify our product offering to even more customers. Our new Mid-Range Battery is being introduced this week in the U.S. and Canada to better meet the varying range needs of the many customers eager to own Model 3, and our delivery estimate for customers who have ordered the Standard Battery is 4-6 months.”
- Tesla Spokesperson to CNBC
Musk’s SEC court settlement, coupled with his newest Tesla (TSLA) “BOGO” deal, has allotted the innovative, and somewhat frenetic, CEO to have quite a bit of media attention these last few weeks.
Alexa, Where Is The New Amazon (AMZN) Headquarters?
Not Alexa, nor Amazon (AMZN) executives, will tell anyone where they planning on building their new HQ2. The new location, costing roughly $5 billion to build, but allowing for the creation of over 50,000 new jobs, is being sought out by a super, secret, search committee. The growing consensus, according to NY times analysts, suggests that that HQ2’s new home may end up in the city that never sleeps, Northern Virginia.
Currently home to Amazon’s cloud computing division’s “largest and fastest-growing office outside of Seattle,” all bets are on Northern Virginia, specifically in Crystal City.
“There are a lot of merits to a lot of these places, but at the end of the day, all of the signs are pointing to Crystal City. I’m just going to say it. ”
–Amy Liu, Director of the Metropolitan Policy Program at the Brookings Institution
You know, I’ve famously said that all roads lead to Crystal City. Or was it Rome?
Sweep The Leg..Or Body Slam, That Works Too
On special election eve in 2017, Greg Gianforte, a Republican from Montana, body-slammed Guardian reporter Ben Jacobs. Apparently, Jacobs had asked him a question about the Affordable Care Act, and Gianforte did not like the sound of that. So, channeling the energy of that time he played linebacker in Pee-Wee flag football, Gianforte body slammed the poor reporter.
Well, is it any surprise to you that President Trump was proud of this moment. At a Thursday night rally in Missoula, the president publicly applauded the actions of Greg Gianforte. “Any guy who can do a body slam,” proceeding to demonstrate the move, “he’s my kind of guy.”
Towards the end of the rally, Trump discussed the possibility of running against former Vice President Joe Biden in the 2020 Presidential Election. Biden famously despises President Trump and once threatened to take Trump “behind the gym.”
“He’d be down faster than Greg would take him down. He’d be down so fast. Remember? Faster than Greg. I’d have to go very fast. I’d have to immediately connect.”
–President Donald Trump
Regardless of which side of the aisle you find yourself sitting, I would pay an absurd amount of the currency of your choice to watch Biden and Trump go toe-to-toe.
Analyzing 2 Big Ride-Hailing Stocks: Uber Or Lyft
This year has been the year of tech initial public offerings and two of the biggest ones so far this year have belonged to ride-hailing companies, Uber (UBER) and Lyft (LYFT). The IPOs were highly anticipated but both companies had been disappointed in the reception they got from the market. In fact, both went below their listing prices, but eventually, both stocks have proven to be gainers.
In this regard, it would be interesting to see how the two stocks match up and which of Uber or Lyft could be a better investment in the ride-hailing space.
Uber Technologies (UBER)
First and foremost, Uber (UBER) is a far bigger company when compared to Lyft and has a massive presence in some of the most lucrative markets in the world. Uber’s revenues grew by 14% in the first quarter this year and touched $3.1 billion.
Meanwhile, gross bookings during the quarter saw as much as $14.6 billion. The gross bookings rose by 34%. On top of that, analysts estimate that Uber users are going to spend a jaw-dropping $60 billion this year.
Lyft Inc. (LYFT)
On the other hand, Lyft (LYFT) presents an interesting dilemma for investors. While it is a far smaller operation, with smaller revenues, the company is growing at a fast rate than Uber. In the first quarter of 2019, the company’s revenues grew by as much as 95%.
However, the company projects the revenue growth for the whole year to be in the 52% to 53% range. Additionally, it does not have the added distraction of Uber Eats to contend with. As a conclusion, it needs to be pointed out that while Uber will continue to grow into a behemoth, Lyft can only hope to make smaller dents into its market share. Therefore, Uber may be a stronger company at this point.
Moreover, if Uber can manage to turn Uber Eats into a profitable food delivery business then the company could grow even further.
Tesla Stock Bounces Back The Recent Slump, What Next?
Electric vehicle major Tesla Inc (TSLA) has not had a particularly great time at the beginning of the year as total deliveries dropped to a disappointing 63,000 and there were fears that the company would struggle for the foreseeable future. However, the company has managed to turn things around in the second quarters and deliveries have picked up again in North America.
Best Ever, Quarterly Delivery?
According to most estimates, Tesla is all set to beat its best-ever quarterly delivery record by hitting 90,700 deliveries in the second quarter. That record had been touched back in Q4 2018. Although it might appear that the company has managed to shake off its disappointing performance in the first quarter, experts believe that Tesla is not completely out of choppy waters yet.
The company’s charismatic Chief Executive Officer Elon Musk had earlier stated that the showing in the 1st quarter was a minor bump and he expected deliveries to improve significantly. Wall Street analysts agree as well and JMP Securities has stated that Tesla registered more Model 3s in April and May than the entirety of the first quarter. However, there are some factors that have had an effect on the delivery figures.
It has emerged that as many as 10,600 vehicles were already on their way to be delivered to customers towards the end of the first quarter but the deliveries were actually made in April. Additionally, Tesla also started delivering its cheaper version of the Model 3 that is priced at $35,000 and that also produced a significant bump in orders.
That being said, it is also important to note that Tesla would not be able to deliver the Model 3 for $35,000 for long since the changes in subsidies provided by the government are going to drop. The tax credit for purchasing a Tesla dropped to $3750 from $7500 at the beginning of 2019 and on 1 July, it will drop by another 50%. In such a situation, it will be interesting to note how the company can keep up the numbers.
Last but not least, the company’s deliveries in China has also declined significantly and the trade tensions are also going to have an effect on Tesla’s business in one of the world’s biggest electric vehicle markets.
Tesla’s stock has bounced back almost 20% in a week from its 52-week low of $176.99.
Like This Article? Check Out How This Technology Could Become A Global Phenomenon
One Name, Two Trucks; Tesla vs. Nikola Motors
I’ll recount to you a scene from one of my favorite movies of all time if that’s alright. The film, in question, is David Fincher’s “The Social Network,” a biographical drama about the founding of Facebook (FB) and the accompanying legal journey Mark Zuckerberg endures after the idea is born. In the scene, Cameron Winklevoss, Tyler Winklevoss, and Divya Narendra are planning to sue Zuckerberg for allegedly stealing the source code and design of their site, ConnectU, formally known as The Harvard Connection. Zuckerberg had verbally acknowledged helping his new partners with their site but ended up putting all his efforts into Facebook (FB) at the time. The films go on to detail Zuckerberg’s life and eventual major success with his social media platform, but not before showing audiences that he paid the Winklevoss team millions in settlements.
The film immortalized Mark Zuckerberg as a cultural tech icon, but also depicted the Winklevoss Twins as the guys who didn’t wise up in time. American trucking startup Nikola Motor Company, though not created in retaliation of a colleague who stole their idea, is wise to the country’s desire for environmentally conscious forms of transportation.
Nikola Motor, named after the famous Serbian-American inventor Nikola Tesla, was founded in Utah to manufacture and distribute electric vehicles for consumers. You can already guess, at least by their name and entire company mission, who their biggest competitor is. If you can’t, we may need to sit down and have a long talk, son.
Back in 2016, Nikola Motor announced its two initial vehicle offerings; The Nikola Zero, a utility terrain vehicle (UTV) with a max range of 125 miles, not necessarily bringing the electric heat for auto enthusiast and the Nikola One, a semi-truck that’ll get’er done in 1,200 miles or less. Two years have gone by and that other company named after Nikola, Tesla (TSLA) and its CEO Elon Musk, have peaked the curiosity of environmentalists and car owners the world over. In recent news, Tesla (TSLA) has testing and debugging their advanced driver assist system, known as Autopilot. The system, according to tech experts, uses a host of cameras and sensors enabling the car to essentially drive itself.
Over at the first-name truck company, Nikola Motors, the company announced on Tuesday that a third generation version of their semi-truck, the Nikola Tre, will have a hydrogen-electric fuel cell generating 1000 horsepower, and will begin global production in 2023.
“This truck is a real stunner and long overdue for Europe. It will be the first European zero-emission commercial truck to be delivered with redundant braking, redundant steering, redundant 800Vdc batteries, and a redundant 120 kW hydrogen fuel cell, all necessary for true level 5 autonomy.”
–Trevor Milton, Founder and Chief Executive Officer, Nikola Motor Company
Compared to Tesla’s (TSLA) semi which boasts a 500-mile range on an electric battery, Nikola Tre will run solely on hydrogen. According to the company’s official press release, they are currently partnered with Nel Hydrogen, a hydrogen production solutions company based in Norway, to create 700 hydrogen stations across the US and Canada by 2028. This will allow truck drivers operating Nikola Tre vehicles to refuel with ease as they transport goods along the highways and roadways of the country.
“Nel has been good to work with for our USA station design and rollout. We will work with Nel to secure resources for our European growth strategy. We have a lot of work ahead of us, but with the right partners, we can accomplish it.”
–Kim Brady, Chief Financial Officer, Nikola Motor Company
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