cover of episode Wait, College is Getting Cheaper? & BYD is Outselling Tesla

Wait, College is Getting Cheaper? & BYD is Outselling Tesla

2024/11/1
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Key Insights

Why is college tuition becoming more affordable?

Tuition is going down due to an influx of money from federal, state, and local governments, reversing decades of reduced funding. This has led to a decline in net prices at public and private universities.

How is BYD overtaking Tesla in EV sales?

BYD is outselling Tesla by leveraging a mix of electric and hybrid vehicles, benefiting from China's large consumer market and technological advancements in hybrid technology.

Why is the UK raising taxes on the wealthy?

The UK is implementing the largest tax hike in generations to increase public spending and investment, aiming to kickstart economic growth and catch up with the US economy, which has seen higher GDP growth.

What is driving Chili's success in the restaurant industry?

Chili's success is attributed to affordable pricing, popular menu items like the Big Smash Burger, and effective viral marketing strategies that resonate with modern consumers.

Why did Super Micro's stock take a significant hit?

Super Micro's stock plummeted after its auditor, EY, resigned, stating they were unwilling to be associated with the financial statements prepared by management, raising concerns about the company's financial integrity.

Chapters

A new report by the College Board reveals that college tuition has actually decreased or remained flat in many institutions, contrary to popular belief.
  • Public flagship universities in 45 states charge less for tuition and fees in 2024 than in 2020 after inflation.
  • Private nonprofit colleges have also seen a decline in average tuition and fees.
  • Increased funding from federal, state, and local governments has contributed to lower tuition costs.

Shownotes Transcript

Episode 444: Neal and Toby chat about the recent data showing not all college tuition is getting expensive, in fact, it’s become more affordable in the last decade. Then, Britain’s Labour Party swings for the fences to catch up to the US economy by announcing its biggest tax hike on the wealthy yet. Next, Chinese EV maker BYD overtakes Tesla in EV sales for the first time this quarter, signaling that a new EV king could be crowned. Meanwhile, the fast-casual restaurant industry might be struggling but Chili’s is riding high thanks to its Triple Dipper platter. And, Super Micro has a colossal $50B stock wipeout. Lastly, important headlines you need to know to end your day.

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00:00 -NYC Marathon Weekend 

03:10 - College Tuition Prices 

08:00 - UK Raising Taxes 

12:00 - BYD Overtakes Tesla

17:25 - Stock of the Week 

20:45 - Dog of the Week 

23:30 - Headlines 

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