30th Green Goddess bowl of the month [aldomurillo/E+ via Getty Images]
5 o’clock: Zoom happy hour, 7 o’clock: Meteor shower. Now there’s a way to sync your Google calendar with the solar system’s, from lunar eclipses to SpaceX launches — because the search giant thinks your schedule needs some celestial spice.
Stocks jumped yesterday with the S&P 500 notching a fresh record to start the year. Apple briefly crossed a $3T market cap, becoming the first company to ever hit the trifecta. Still, the US is reporting record Covid infections as Omicron continues spreading fast. That’s taking a toll on businesses, from canceled flights to closed stores.
Technoking delivers… Tesla stock jumped more than 13% yesterday after the EV-maker announced it broke quarterly and annual sales records. It delivered an expectation-beating 936K cars last year — nearly double its 2020 deliveries. Elon can thank rising demand for Tesla’s more affordable Model 3 sedans and sensible but stylish Model Y hatchbacks.
Giga growth… Tesla is expected to deliver nearly 1.5M vehicles this year, including the highly anticipated Cybertruck. But to hit Elon’s goal of selling 20M Teslas annually over the next nine years, Tesla needs to majorly expand its production footprint beyond its existing Giga-factories in California, Nevada, and China. Cue: This year Tesla plans to crank out EVs at new Giga plants in Austin and Germany.
Life in the fast lane comes with challenges… Tesla hit a $1T market cap by pioneering sleek EVs and innovative self-driving software. Musk’s next challenge will be managing Tesla’s growing network of global Giga factories, plus navigating increasing regulation in Europe and the key market of China. But scale comes with scrutiny. Last month Tesla was forced to recall 500K cars because of rear-view malfunctions. It also ditched a new video-game feature over safety concerns.
Guacamole Greens go public... Sweetgreen became the first publicly traded lettuce stock in mid-November. For some the salad chain is a staple in cities like LA, NYC, and Austin, where Super Green Goddess salad is a lifestyle. SG was launched in 2007 by three college students in DC — now it has 140 locations in 13 states and plans to double that in the next five years. But SG lost $87M from January to September 2021, and the stock is down 36% from its IPO day high. Now...
Click for Shroomami bowl... Sweetgreen really wants you to order online, and has been tech-ifying stores for that purpose (it even bought a salad-making robot company). It also offers promo prices and special menu items solely for digital customers. Here's why:
Resolutions require stickiness... Healthier eating is Americans’ #1 New Year's resolution, followed by exercising more. That could be a boon for “Resolution Risers” like Sweetgreen and Peloton in the coming months, but they'll need "stickiness" after you wilt from eating kale every day. Digital reward subscriptions could be the perfect recipe for loyalty: Panera said its $9/month coffee sub pilot boosted visits by 70%, and Taco Bell said it’s thrilled with the reception of its Taco Lover’s Pass.
The booze biz was shaken (not stirred) in 2021 as canned cocktails took a swig of beer’s market share.
Tune in to hear how Negroni to Go could help make liquor more popular than beer in the US for the first time.
Earnings expected from: MillerKnoll
Authors of this Snacks own shares of: Tesla, GM, Ford, AT&T, Apple, Google, and Pfizer