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🚗 Tesla hits some traffic

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thehustle.co

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Thu, Dec 1, 2022 12:38 PM

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Plus: Spotify Wrapped, the history of the slow cooker, and more. in favor of a man who claimed his e

Plus: Spotify Wrapped, the history of the slow cooker, and more. [View Online]( [The Hustle] A French court [ruled]( in favor of a man who claimed his ex-employer fired him for not being “fun.” In today’s email: - Yahoo: What’s next for the company? - Chart: Tesla hits some traffic. - Copper: Ore you ready for a shortage? - Around the web: Discovering new creators, all about the slow cooker, awesome kinetic sculptures, and more cool internet finds. 🎧 On the go?[Listen to today’s 10-minute podcast]( to hear Jacob and Juliet break down Tesla’s shrinking market share, Yahoo’s latest strategy, Netflix’s “Wordle” regrets, and a whole lot more. The big idea [yahoo-click-bait]( Yahoo is betting on a clickbait powerhouse Yahoo and its [yodel]( ruled the late ‘90s internet — but in the years since, it’s seen ups, downs, and a whole lot of acquisitions. So, what’s next? This week, Yahoo announced a ~25% stake in ad company Taboola, [per]( TechCrunch. Taboola provides [“chumbox” ads](, the array of [sponsored clickbait]( found across news sites. It will now [take over]( native advertising across Yahoo’s brands. While digital ad spend is down… … amid recession fears, Yahoo CEO Jim Lanzone believes it has “huge wind” behind it in the long term. The two companies anticipate $1B in annual revenue from their partnership — and they do have a lot of eyeballs. - Yahoo gets ~900m monthly active users across its properties (e.g., AOL, TechCrunch, Engadget, etc.) - Taboola has partnered with 9k publishers and reaches 500m people daily Plus, Taboola CEO Adam Singolda has [promised]( to help Yahoo advertisers target consumers more effectively, including those on [Apple devices](. Yahoo’s making moves In 2021, Verizon sold its media businesses, including Yahoo and AOL, to Apollo Global Management for [$5B](. Apollo sold off some of Yahoo’s assets, and is now focusing on some interesting endeavors, [per]( Axios, such as: - Adding betting to Yahoo Sports. It already offers a [paid subscription]( for people who are really into fantasy sports - Building a “Bloomberg for retail trading” into Yahoo Finance with a suite of tools for buying and selling stock Lanzone [said]( Yahoo may also expand its subscription biz, which includes its premium email; invest in ecommerce; or pursue other acquisitions or partnerships. BTW: Remember when Yahoo had TV? We miss that “Other Space” show. [Share on Facebook]( [Share on Twitter]( [Send as email to a friend](mailto:?subject=The%20Hustle%20wrote%20something%20I%20think%20you%27ll%20like...%0A&body=Yahoo+is+betting+on+a+clickbait+powerhouse+%0Ahttps%3A%2F%2Fthehustle.co%2F12-1-yahoo-clickbait%3Futm_campaign%3DThursday%2B12-1%26utm_content%3D12-1-yahoo-clickbait%26utm_medium%3Demail%26utm_source%3Ddaily%0A%0AYou%20can%20subscribe%20with%20my%20link%20here%20to%20get%20the%20latest%20in%20tech%20and%20business%20daily:%0A [View on our website]( TRENDING [eyeball wearing a hat] Spotify Wrapped: Bad Bunny was 2022’s [most-streamed]( artist. Harry Styles’ “As It Was” was the most-streamed song. And Style’s “Music for a Sushi Restaurant” was definitely the year’s most [corporate tune](. SNIPPETS An analyst for Twitter in Europe told Platformer that ad revenue there [is down]( 15% YoY and weekly bookings are down 49%. Meanwhile, Elon Musk [appeared]( to cordially meet with Tim Cook just days after declaring “war” on Apple. Netflix CEO Reed Hastings [says]( he “berated” his M&A team for not buying “Wordle.” He also emphasized that the company’s focused on games, of which they have [three new ones](. San Francisco approved a policy that lets police [use robots]( as a “deadly force option” if absolutely necessary. Feels like the plot of many scary movies… Oh well! SBF may have offered TMI in his latest interview. When asked if his lawyers were suggesting the interview was a good idea, the former FTX CEO [replied](, “They are very much not.” Zhengzhou, home of “iPhone City’s” 200k workers, is lifting its covid lockdown. Since October, analysts [estimate]( disruptions there have cost Apple $1B weekly. Meta is reducing its real-world footprint, deciding [against renewing]( a 250k+ square-foot office lease in NYC. Sounds legit: Disgraced Fyre Festival founder [Billy McFarland]( is back with PYRT, a project that will supposedly bring creators to a real island, while anyone can visit a virtual one. More cuts: DoorDash will [lay off]( 1,250 employees, CNN [is]( making some cuts, and crypto firm Kraken is [letting go]( of 1.1k. Chart [tesla-market-share]( Singdhi Sokpo [Tweet this Image]( Tesla’s wide-open road is getting cramped For years, Tesla has enjoyed a majority share of the US electric vehicle market with little competition. While the company’s done a great job using its first-mover advantage to expand its lineup, charging network, and factories, this period of nearly unchallenged growth is rapidly closing. What’s happening? Per [estimates]( from S&P Global Mobility, Tesla’s US EV market share will drop to less than 20% by 2025, down from 65% this year and 71% last year. - As more affordable options become available, Tesla’s entry-level Model 3, which starts at $40k+, is looking increasingly pricey. To that end, Tesla is [reportedly](ramping up development of a cheaper Model 3. The company is also [delivering]( its first-ever electric Semi Truck to Pepsi today. Big picture: Roughly [5.1%]( of 10.22m vehicles registered in the US through Q3 were electric, up from 2.8% in 2021. Small, but growing fast. [Share on Facebook]( [Share on Twitter]( [Send as email to a friend](mailto:?subject=The%20Hustle%20wrote%20something%20I%20think%20you%27ll%20like...%0A&body=Tesla%E2%80%99s+wide-open+road+is+getting+cramped%0Ahttps%3A%2F%2Fthehustle.co%2F12-1-tesla-marketshare%3Futm_campaign%3DThursday%2B12-1%26utm_content%3D12-1-tesla-marketshare%26utm_medium%3Demail%26utm_source%3Ddaily%0A%0AYou%20can%20subscribe%20with%20my%20link%20here%20to%20get%20the%20latest%20in%20tech%20and%20business%20daily:%0A [View on our website]( Free Resource Post-death decluttering and zero-proof spirits Each week, our analysts are searching for undercovered markets with serious growth potential. Two intriguing (and unrelated) “flares” from a recent Trends newsletter: - Decluttering services: The subreddit r/ChildOfHoarders has seen steady growth since 2018, and the boomer generation’s parents aren’t getting younger. We [brainstormed]( ideas to support them. - Nonalcoholic drinks: Cheers to the sober-curious movement, which (if monthly “Mocktail” searches are any indication) is having [another round.]( Here’s product inspiration, plus DIY opportunities. There are hundreds of research reports and thousands of startup ideas inside Trends — but the top feature is daily discussions with digital experts. Test-drive incredible content and community for startups. [$1 Trends trial →]( Precious Metals [woman-with-copper]( Ready ore not, here comes a copper shortage New anxiety just dropped: we’re running out of copper — and that’s a big problem, not just because it means fewer lucky pennies. Per [Fortune](, we need copper to build things like water pipes, computers, and phones. Not to mention [electric vehicles](, and solar and wind power infrastructure. Making matters worse… … we’ve been wasting precious copper resources for [thousands]( of years: - When ore is pulled from the earth, metal is extracted; anything too difficult or expensive to process is discarded. - In the last decade, an estimated 43m tons of copper — worth $2T+ — has been mined but left unprocessed. Companies are digging up solutions [Jetti Resources]( — a startup backed by some of the world’s biggest miners, and recently valued at [$2.5B]( — aims to repurpose all that previously discarded ore. Enter the rock-munchin’ microbes: - A common type of ore traps copper behind a thin film, where existing mining methods can’t reach it. - Jetti’s tech uses a chemical catalyst to break through that layer, and microbes eat the rock to release the copper. If the mining OGs are ready to share their rocks, tech like Jetti’s could produce 8m additional tons of copper each year by the 2040s. That’s a lot of lucky pennies. [Share on Facebook]( [Share on Twitter]( [Send as email to a friend](mailto:?subject=The%20Hustle%20wrote%20something%20I%20think%20you%27ll%20like...%0A&body=Ready+ore+not%2C+here+comes+a+copper+shortage%0Ahttps%3A%2F%2Fthehustle.co%2F12-1-copper-shortage%3Futm_campaign%3DThursday%2B12-1%26utm_content%3D12-1-copper-shortage%26utm_medium%3Demail%26utm_source%3Ddaily%0A%0AYou%20can%20subscribe%20with%20my%20link%20here%20to%20get%20the%20latest%20in%20tech%20and%20business%20daily:%0A [View on our website]( AROUND THE WEB 🚗 On this day: In 1913, Henry Ford [installed]( the first moving assembly line for mass automobile production, cutting production time from 12 hours to 1 hour and 33 minutes. 🍲 That’s interesting: The history of the [slow cooker]( and how it changed life in the kitchen (and on the road). 🦆 Art: Lucy Jean Green makes kinetic sculptures, like [this one]( of ducks flying over a colorful landscape. 💡 Useful: This [website]( surfaces interesting creators from across platforms, including YouTube, TikTok, and Etsy. 🐼 Aww: And now, a [snow panda](. Tweet [nigerian-prince-tweet-screenshot] Follow us on the [blue bird]( app. TELL FRIENDS → GET PRIZES Help your friends aboard our growing pirate ship. Share The Hustle Daily to start winning loot. [all prizes]( [Share The Hustle 🤠→]( Or copy this custom referral link: [ Your referral count: 0 How did you like today’s email? [Love It]( [Meh]( [Hate It]( Today's email was brought to you by [Jacob Cohen](, [Juliet Bennett Rylah](, [Sara Cravatts](, and [Rob Litterst](. Editing by: Mark “Hit my Yahoo email” Dent. Was this email forwarded to you? Sign up [here](. [PODCAST]( [JOBS]( [CONTACT US](mailto:news@thehustle.co) [Facebook]( [Youtube]( [Instagram]( [Twitter]( 25 FIRST ST. 2ND FLOOR, CAMBRIDGE, MA 02141, UNITED STATES  +1 888 482 7768 Never want to hear from us again? Break our hearts and [unsubscribe](list=thehustle). [The Hustle](

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