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The Prof G Pod with Scott Galloway

Prof G Markets: Home Depot and the Housing Crisis, Stellantis Beats Tesla, and the Lithium Market

The Prof G Pod with Scott Galloway

Vox Media Podcast Network

Business, Careers, Entrepreneurship

4.45.3K Ratings

🗓️ 27 February 2023

⏱️ 37 minutes

🧾️ Download transcript

Summary

This week on Prof G Markets, Scott breaks down why Home Depot’s disappointing earnings are indicative of healthy market trends. He also takes a look at promising earnings from Stellantis, the second largest EV seller in Europe behind Volkswagen and ahead of Tesla. Finally, Scott explains why companies and resources are nationalized, and discusses what it means that Mexico is nationalizing lithium. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This week's number one-third. That's the ratio of kids that have worked for their parents.

0:04.1

I asked my father when was it time to see the dentist? And he said,

0:08.4

when you get a job and can pay for your own fucking braces.

0:22.3

Welcome to PropG Markets. Today we're discussing Home Depot's earnings,

0:26.7

one of the largest EV sellers in Europe and the lithium market. Okay, here with the news is

0:33.1

PropG Media Analyst Ed Elson, who is now dressing like me. Ed, what is going on? Trust me,

0:40.6

if you want to stay a virgin until you're 26, you're headed the right way.

0:45.0

I'm great, Scott. How's the moon?

0:46.6

My bueno. Poppy is here and he's mostly doing mushroom chocolates and meeting interesting Canadian

0:51.3

women. So you're from Alberta. What's that like? But yeah, it's nice. I like to learn. It's very

0:55.8

bougie. It's like boho chic. I'm having a nice time. Have you gone potting yet?

1:00.5

You know, I'm here alone. So I'd, you know, me alone at a bar is sort of like, you know,

1:06.1

everyone is just sort of like, don't make eye contact. I mean, I'm having a nice time, but yeah,

1:10.6

I'm not really, I'm not really parting. Yeah, I've been to Tulum once and just for our listeners,

1:14.8

the reason I went to Tulum was because last year Scott asked us, or Scott told us that we need

1:20.4

to take a vacation. He said, create a slide show of different places that you want to go.

1:25.4

And so we said, okay, we want to go to maybe clicking correct me. I think we said

1:31.6

meekinous, sanfie and probably somewhere else in Europe. Don't forget about can.

1:36.5

Oh, yeah, can. Yeah. And Scott really supported that. And then he said, actually, no, I'm

1:41.0

going to send you to Tulum. And then he gave us the contact details of his concierge and basically

1:46.4

set up a four day bender for four of his employees. So that was a pretty intimate experience at Tulum.

1:54.4

So there's a couple of things in there. And I'm being semi serious here. And that is one thing I

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