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MarketFoolery

The Impressive Rise of Stitch Fix

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 12 December 2017

⏱️ 24 minutes

🧾️ Download transcript

Summary

Pepsi orders 100 trucks from Tesla. Stitch Fix has been public for less than a month but is already off to an impressive start. Google and Facebook battle for traffic. David Kretzmann analyzes those stories and more, as the MarketFoolery holiday music drive gets a boost from Six13. To get a limited-edition holiday shave set while supplies last, go to Harrys.com/Fool

Transcript

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0:00.0

Thanks to Harries for supporting this episode of Market Foolery this holiday, give Harries and give handsome.

0:05.5

Get your holiday shopping done early and take advantage of free shipping to get a limited edition holiday shave set while supplies last. Go to Harries.com slash fool right now.

0:16.0

It's Tuesday, December 12th.

0:19.0

Welcome to Market Foolery.

0:20.0

I'm Chris Hill joining me in studio today from Supernova David Kretsman. How are you?

0:25.0

I'm doing well. It's a good Tuesday. How are you? It is a good Tuesday.

0:29.0

For a reason, why are they laughing you may ask is you're listening to this well it's

0:33.7

something that happened right before we started taping and we're just going to keep

0:36.5

that to ourselves because that's just kind of the mood I'm in we're going to talk

0:41.0

upgrades we're going to talk publishing because the Google Facebook war continues.

0:46.0

We're going to start though in the automotive business and this is something that we talked

0:49.8

about David on Motley Full Money last week and last week it was Anheuser-Bush

0:56.1

Imbev buying 40 semi-trucks from Tesla. Today the news comes out the, which does a fair amount of shipping on their own. They're buying 100 trucks from Tesla.

1:08.0

I guess that's good for Tesla because I'm assuming they're getting that money up front.

1:12.0

Yeah, they initially had... Tesla because I'm assuming they're getting that money up front.

1:13.0

Yeah, they initially had set the pre-order price for these semi trucks at $5,000 and that has

1:18.8

since gone up to $20,000.

1:21.1

So they're bringing in, you know, some decent money. Reuters says that Tesla has

1:26.5

267 confirmed public reservations to date, so you know it's a couple million

1:31.4

bucks that Tesla has now that they didn't have a month ago.

1:34.8

So, I mean, give Tesla credit.

1:37.4

They, they and especially Elon Musk, they're great at building up anticipation, building

...

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