Tesla? Tesla who?
The US auto industry sold some 16.5 million vehicles this year. Yet only 120,000 of those were of the electric and hybrid ilk even though it seems like everyone and their mother drives one. Interestingly enough (or not), some 20 electric/hybrid models have made their presence felt in the automobile market. With oil prices dropping, the appeal of these anti-gas guzzlers are dropping too. So what better time than for GM to announce that Tesla needs to uh…step aside and make way for not one, but two electric/ hybrid vehicles it plans to officially churn out by 2017. But Tesla’s are so cool, what’s to worry? Well, for one, GM’s Chevy Bolt (such an adorable name I can’t stand it and it even rhymes with the Chevy Bolt) boasts a range of 200 miles on a single charge. If that’s not electrifying then I don’t what is. Oh wait, yes I do. The price tag will be $30,000, $5,000 less than Tesla’s Model 3 also due out in 2017. To be fair, no word on how options will affect those digits. By the way, if you find yourself cruising the streets of Palo Alto, you might just notice quite a bit more Chevy Volts tooling around than…dare I say it, Teslas. Just saying.
Wanna borrow my notes?
Über is finally making headlines for not getting shut down. Well, almost. The ride-sharing app made a deal with Boston officials to share its “smart data” all in the name of goodwill. And maybe some good press, too. While protecting the privacy of its riders and drivers, Über and Boston officials hope to solve some of the city’s problems like easing traffic congestion and improving local infrastructure. Fills you with warm fuzzies, doesn’t it? It was seen as a particularly surprising move for two reasons: one, last month saw the arrest of a Boston area Über driver on assault charges. Two, Über didn’t hand over its “smart data” to officials in New York City even though they asked for it too. In fact, New York’s mighty and powerful Taxi & Limousine Commission managed to shut down all but one of Über’s operations for not coughing up the data. However, Über continues to operate pending the results of an appeal. Rumor has it that Über is in talks with New York City officials, much to the discontent of the TLC, who denies “talks” are even taking place with the competition. By the way, Über announced lower fares in 48 cities. New York City isn’t one of them. As a matter of fact, nor is Boston. Go figure.
Labor Market High…
Job openings in the US hit a 14 year high in November. When the job market posts such impressive digits, you know what that means, dontcha? It means that great numbers are expected for 2015. No seriously. It really does. November saw job openings increase by 2.9% to 4.97 million jobs. That’s a lot of benefits. Not since January 2001 has the job market been such a pleasant topic of conversation. All this hiring gets employers thinking that they’re going to need even more peeps to help churn out all those goods and services which we apparently need and cannot go without. So, provided that all this fabulous job hiring continues we might just be able to look forward to…dare I say it…wage increases. But that’s experts talking. Not me. Just saying. Then there are all those quitters. A good job market loves quitters. For real. Because when quitters quit it means they have moved onto better jobs/careers/life changes. So there.