On Episode 478 of the Waves of Tech, we are talking about electric vehicles, numbers, earnings, commercials, and more! Supercharged is a new podcast that investigates the power of Tesla in the automotive industry and takes an honest look at the company’s past and future. Alphabet shared a tremendous amount of previously unreported earnings this week. YouTube Premium and Music is scaling 20 million subscribers, while YouTube is bringing in ad sales valued over $15 billion per year. GM announced plans during the Super Bowl that the manufacturing of the Hummer EV will begin in 2021. Lastly, Verizon made a big splash with their 5G commercials and the system’s capabilities.
Supercharged – The Story of Tesla & Elon Musk
There is a new podcast out from Lawson Media, hosted by Kristopher Lawson, and produced by James Parkinson – Supercharged. The podcast explores power, conflict, and the people who are driving change in the electric vehicle market. Season One explores the rise of Tesla, Elon Musk’s vision for the company, and much more. The podcast offers a real, open, and honest evaluation of Tesla, their future, and what role they will play. Enjoy the first 6 episodes now!
Google Announced YouTube Premium Numbers
Since the launch of YouTube Premium and YouTube Music, it was always unknown as to how successful the video platform’s position in the streaming industry actually was. On their recent earnings call, Alphabet announced a combined subscriber base of over 20 million. This is an excellent start for the dominant player in the industry.
- Spotify owns 113 million subscribers; Apple Music is at 60 million as of mid-2019
- YouTube TV now boasts over 2 million USA members by the end of 2019
- YouTube has been building toward this for several years and it’s paying off
- Google has not stated a desired goal or growth anticipated over the next years
$15 Billion a Year and Counting
On the same earnings call, Alphabet shared financial results for the fourth quarter of 2019 where it was evident how profitable YouTube and Google Cloud was becoming for the company. The popular video service generated a shockingly $15 billion in ad sales, and cloud revenue increased to $8.9 billion for the year. Overall, a great year of growth for Alphabet.
- These long awaited numbers have not disappointed investors and shareholders
- Google is slowing creating multiple services with multiple income streams
- This news comes on the heels of antitrust settlements and sexual assault allegations
- Alphabet also announced they reached status of a trillion-dollar company
Hummer EV Coming Soon
Making their presence known during the Super Bowl commercial cycle, General Motors presented their Hummer EV. Hummer is most well known for its powerful, strong, off-road features used by many military units. The fully-electric all-wheel-drive vehicle will host the capability of 11,500 lb-ft of torque and predicted acceleration of 0 to 60 mph in just 3 seconds.
- GM will build the unit in their Detroit-Hamtramck factory staring in the fall of 2021
- It’s been nearly a decade since the Hummer line was available for purchase from GM
- This may be one the first trucks that may find its way into the mainstream conversation
- Much of the capabilities seem to rival the specifications of Tesla’s Cyber Truck
Resources & Links