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Snacks / Monday, April 12, 2021

Bringing S3XY back... Tesla shares ticked up for the week after it delivered a record ~185K cars last quarter. That's more than double its deliveries from the same quarter last year (when Covid hit), thanks to healthy demand from China. Still, competitors in the side-view mirror may be closer than they appear: it's losing market share to EV rivals.

Forgot what a waistband feels like... Levi's sales fell 13% last quarter because ripped sweatpants are the new ripped jeans. But the stock jumped 9% for the week, since Levi's boosted its sales and profit outlook for the first half of the year. Levi's thinks you'll be "revenge spending" on denim for outings, and expects sales will return to pre-pandemic levels by October.

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