Telsa Profits Up, Stock Ticking Down // Alana Semuels of TIME // Coffee Prices On The Rise? - 7/27 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(0:40) - Tesla's earnings for Q2 were even better than expected, with the automaker posting $12 billion in revenue along with record profits of $1.1 billion. They also doubled the amount of vehicles produced compared to the same quarter last year. So, why is the stock down today?(12:27) - Alana Semuels of TIME Magazine joined the show to discuss the ongoing worker shortage: What is the biggest reason for the situation, and how are employers adapting?(25:20) - Big pharma companies are railing against the proposal of a global minimum tax, saying that it would be unwise to raise taxes on an industry that was able to create COVID-19 vaccines in a relatively short amount of time. (34:40) - The price of coffee may be on the rise soon, as environmental issues in Brazil are making the harvesting and processing of coffee beans significantly more difficult. The country, which is one of the world's biggest coffee bean producers, is experiencing its biggest frost in its coffee-growing region in 25 years.