Question

This assignment requires you to investigate, summarize, and analyze a current event related to business (for example, accounting, marketing/advertising, human resources, public relations, finance, business ethics, etc.)must summarize and analyze a current event article related to business found in a reputable newspaper or magazine such as the Wall Street Journal, New York Times, Sacramento Business Journal, Business Week magazine, or Fortune magazine.  These are only a few examples, there are many more. quotes from the article should be clearly labeled.

Introduction (one or two sentences): Grab the reader’s attention and provide a brief outline of the rest of your post.

Summary (two paragraphs): Describe the important points from the article.

Analysis and Conclusion (one paragraph): Provide your own thoughts and opinions on the information presented in the article and what it means for the business world.

Answer 1

Article from BBC

Introduction

Tesla: Is the car firm really worth $150bn? The jump means the firm's share price has more than tripled in the last three months and on its way to an outstanding turn around. In this article, we look at Tesla's journey to this impeccable recovery.

Summary

Tesla ranks as the world's second most valuable car company. We shall look at some of the key factors for this turn around:

Positive performance

Less than two years ago, things weren't looking quite as rosy for the car maker.The firm, which has reported losses every year since its start, faced a cash crunch amid production delays and heavy spending.Doubts about performance also dogged chief executive Elon Musk, who had a reputation for making promises but failing to deliver.Tesla's numbers have since improved. The firm has now reported two quarters of profit and its new factory in Shanghai was up and running more quickly than expected.

Price sustainability

Rolf Bulk believes that the recent share price increase suggests that some investors betting against the firm have been squeezed, or forced to cut losses and close out positions - a process that involves buying shares, which drives up prices.But S3 Partners, which tracks such activity, said its research shows that recent buying has mostly been done by a mix of everyday investors and big firms with long-term investment goals.

Analysis and conclusion

Tesla's car technology continues to lead the industry. The firm might be able to sustain that lead for longer than they had expected, even as demand for electric vehicles grows.There is even speculation that the company's investment in battery power could put it in a position to be a supplier to other leading automotive companies.

To conclude, if Tesla could achieve all those outcomes, it might be worth about where it is trading today.