*Uncommon Goods Is Selling Succulents in Live Mini Pumpkins (and They’re Perfect for Fall!)*
It's your next table centerpiece! READ MORE...
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It's your next table centerpiece! READ MORE...
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*Panera offers new warning after tragic event*
Panera Bread is pushing a new warning to customers after a wrongful death lawsuit was filed last week by the family of Sarah Katz, a University of Pennsylvania student, who died last year hours after drinking the restaurant’s Charged Lemonade drink. The restaurant is now warning customers ordering the drink in stores and online to “use in moderation” and that the lemonade is not recommended for “children, people sensitive to caffeine, pregnant or nursing women.”Related: Surprise brand challenges Coca-Cola and Pepsi in growing area In September 2022, Katz, who was 21 years old at the time, went into cardiac arrest hours after purchasing and consuming a 30 fluid ounce Charged Lemonade, which contains about 390 mg of caffeine, at one of Panera’s stores in Pennsylvania. What contributed to her death was QT Type 1 Syndrome, an illness she was diagnosed with at the age of 5, according to the lawsuit. This is when potassium ion channels in the heart do not work properly which disrupts the heart’s electrical activity. Stress or exercise can cause abnormal heart rhythms in people with the syndrome. The lawsuit alleges that the display of the Charged Lemonade at the store where Katz ordered the drink “was offered side-by-side with all of Panera’s non-caffeinated and/or less caffeinated drinks.” It also states that the drink was not advertised as an “energy drink,” which further led Katz to believe that it was safe for her to consume. The family in the lawsuit also claims that the drinks included “no warning of any potentially dangerous effects, even the life-threatening effects on blood pressure, heart rate, and/or brain function.” It also states that there was “no warning of any risks of ingesting these concentrated amounts of caffeine in connection with the stimulants and sugar.” On Panera’s website, the drink is advertised as “plant-based,” and compares the caffeine levels of the drink with its Dark Roast Coffee. Caffeine levels in the coffee range from 161 mg to 268 mg, depending on the size. The range is less than the amount of caffeine in the Charged Lemonade which contains about 260 mg in its smallest size and 390 mg in its largest, according to the lawsuit. The Food and Drug Administration is currently looking into Katz’s death. TheStreet has reached out to Panera for comment, but did not receive a response in time for publication.
[Read more...](https://www.thestreet.com/restaurants/panera-offers-new-warning-after-tragic-event)
Panera Bread is pushing a new warning to customers after a wrongful death lawsuit was filed last week by the family of Sarah Katz, a University of Pennsylvania student, who died last year hours after drinking the restaurant’s Charged Lemonade drink. The restaurant is now warning customers ordering the drink in stores and online to “use in moderation” and that the lemonade is not recommended for “children, people sensitive to caffeine, pregnant or nursing women.”Related: Surprise brand challenges Coca-Cola and Pepsi in growing area In September 2022, Katz, who was 21 years old at the time, went into cardiac arrest hours after purchasing and consuming a 30 fluid ounce Charged Lemonade, which contains about 390 mg of caffeine, at one of Panera’s stores in Pennsylvania. What contributed to her death was QT Type 1 Syndrome, an illness she was diagnosed with at the age of 5, according to the lawsuit. This is when potassium ion channels in the heart do not work properly which disrupts the heart’s electrical activity. Stress or exercise can cause abnormal heart rhythms in people with the syndrome. The lawsuit alleges that the display of the Charged Lemonade at the store where Katz ordered the drink “was offered side-by-side with all of Panera’s non-caffeinated and/or less caffeinated drinks.” It also states that the drink was not advertised as an “energy drink,” which further led Katz to believe that it was safe for her to consume. The family in the lawsuit also claims that the drinks included “no warning of any potentially dangerous effects, even the life-threatening effects on blood pressure, heart rate, and/or brain function.” It also states that there was “no warning of any risks of ingesting these concentrated amounts of caffeine in connection with the stimulants and sugar.” On Panera’s website, the drink is advertised as “plant-based,” and compares the caffeine levels of the drink with its Dark Roast Coffee. Caffeine levels in the coffee range from 161 mg to 268 mg, depending on the size. The range is less than the amount of caffeine in the Charged Lemonade which contains about 260 mg in its smallest size and 390 mg in its largest, according to the lawsuit. The Food and Drug Administration is currently looking into Katz’s death. TheStreet has reached out to Panera for comment, but did not receive a response in time for publication.
[Read more...](https://www.thestreet.com/restaurants/panera-offers-new-warning-after-tragic-event)
TheStreet
Panera offers new warning after tragic event
A new warning label on one of the restaurant’s popular drinks comes after a wrongful death lawsuit was filed against the company.
Panera offers new warning after tragic event
Panera Bread is pushing a new warning to customers after a wrongful death lawsuit was filed last week by the family of Sarah Katz, a University of Pennsylvania student, who died last year hours after drinking the restaurant’s Charged Lemonade drink. The restaurant is now warning customers ordering the drink in stores and online to “use in moderation” and that the lemonade is not recommended for “children, people sensitive to caffeine, pregnant or nursing women.”Related: Surprise brand challenges Coca-Cola and Pepsi in growing area In September 2022, Katz, who was 21 years old at the time, went into cardiac arrest hours after purchasing and consuming a 30 fluid ounce Charged Lemonade, which contains about 390 mg of caffeine, at one of Panera’s stores in Pennsylvania. What contributed to her death was QT Type 1 Syndrome, an illness she was diagnosed with at the age of 5, according to the lawsuit. This is when potassium ion channels in the heart do not work properly which disrupts the heart’s electrical activity. Stress or exercise can cause abnormal heart rhythms in people with the syndrome. The lawsuit alleges that the display of the Charged Lemonade at the store where Katz ordered the drink “was offered side-by-side with all of Panera’s non-caffeinated and/or less caffeinated drinks.” It also states that the drink was not advertised as an “energy drink,” which further led Katz to believe that it was safe for her to consume. The family in the lawsuit also claims that the drinks included “no warning of any potentially dangerous effects, even the life-threatening effects on blood pressure, heart rate, and/or brain function.” It also states that there was “no warning of any risks of ingesting these concentrated amounts of caffeine in connection with the stimulants and sugar.” On Panera’s website, the drink is advertised as “plant-based,” and compares the caffeine levels of the drink with its Dark Roast Coffee. Caffeine levels in the coffee range from 161 mg to 268 mg, depending on the size. The range is less than the amount of caffeine in the Charged Lemonade which contains about 260 mg in its smallest size and 390 mg in its largest, according to the lawsuit. The Food and Drug Administration is currently looking into Katz’s death. TheStreet has reached out to Panera for comment, but did not receive a response in time for publication.
Read more...
Panera Bread is pushing a new warning to customers after a wrongful death lawsuit was filed last week by the family of Sarah Katz, a University of Pennsylvania student, who died last year hours after drinking the restaurant’s Charged Lemonade drink. The restaurant is now warning customers ordering the drink in stores and online to “use in moderation” and that the lemonade is not recommended for “children, people sensitive to caffeine, pregnant or nursing women.”Related: Surprise brand challenges Coca-Cola and Pepsi in growing area In September 2022, Katz, who was 21 years old at the time, went into cardiac arrest hours after purchasing and consuming a 30 fluid ounce Charged Lemonade, which contains about 390 mg of caffeine, at one of Panera’s stores in Pennsylvania. What contributed to her death was QT Type 1 Syndrome, an illness she was diagnosed with at the age of 5, according to the lawsuit. This is when potassium ion channels in the heart do not work properly which disrupts the heart’s electrical activity. Stress or exercise can cause abnormal heart rhythms in people with the syndrome. The lawsuit alleges that the display of the Charged Lemonade at the store where Katz ordered the drink “was offered side-by-side with all of Panera’s non-caffeinated and/or less caffeinated drinks.” It also states that the drink was not advertised as an “energy drink,” which further led Katz to believe that it was safe for her to consume. The family in the lawsuit also claims that the drinks included “no warning of any potentially dangerous effects, even the life-threatening effects on blood pressure, heart rate, and/or brain function.” It also states that there was “no warning of any risks of ingesting these concentrated amounts of caffeine in connection with the stimulants and sugar.” On Panera’s website, the drink is advertised as “plant-based,” and compares the caffeine levels of the drink with its Dark Roast Coffee. Caffeine levels in the coffee range from 161 mg to 268 mg, depending on the size. The range is less than the amount of caffeine in the Charged Lemonade which contains about 260 mg in its smallest size and 390 mg in its largest, according to the lawsuit. The Food and Drug Administration is currently looking into Katz’s death. TheStreet has reached out to Panera for comment, but did not receive a response in time for publication.
Read more...
TheStreet
Panera offers new warning after tragic event
A new warning label on one of the restaurant’s popular drinks comes after a wrongful death lawsuit was filed against the company.
*Meta unveils ad-free Facebook and Instagram subscription in Europe*
TheStreet's J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Monday, October 30. Full Video Transcript Below: I'm J.D. Durkin, reporting from the New York Stock Exchange. Stocks were in the green to close out today's session. The Dow closed up over 500 points, the Nasdaq closed up 1.1 percent, and the S&P closed 1.2 percent higher. This comes as investors look ahead to Wednesday's interest rate decision and Friday's October jobs report. Both events will be watched closely and will give investors a better picture of the state of the U.S. economy. Meanwhile, earnings season continues with big names like Apple and Starbucks reporting results later this week. So far, 49 percent of companies in the S&P 500 have reported results, and of those, a majority have beaten expectations. In other news, Facebook and Instagram users in Europe will soon have the option to pay to get rid of ads on the platforms. Meta is introducing an ad-free service that will cost subscribers about 10 euros on the web or about 13 euros on iOS and Android. The move comes as Meta continues to address European concerns regarding its ad targeting and data collection practices, with the company saying, "We respect the spirit and purpose of these evolving European regulations and are committed to complying with them." As long as a user remains subscribed to the ad-free service, their data will not be used for ad targeting. Users will still have free access to Facebook and Instagram, and Meta says their existing ad preference tools already in place will remain the same. Meta will also temporarily stop showing ads to teenagers in Europe starting on November 6th, though the timetable for how long is unclear. That's all for your daily briefing. From the New York Stock Exchange, I'm J.D. Durkin with TheStreet.
[Read more...](https://www.thestreet.com/video/meta-unveils-ad-free-facebook-and-instagram-subscription-in-europe)
TheStreet's J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Monday, October 30. Full Video Transcript Below: I'm J.D. Durkin, reporting from the New York Stock Exchange. Stocks were in the green to close out today's session. The Dow closed up over 500 points, the Nasdaq closed up 1.1 percent, and the S&P closed 1.2 percent higher. This comes as investors look ahead to Wednesday's interest rate decision and Friday's October jobs report. Both events will be watched closely and will give investors a better picture of the state of the U.S. economy. Meanwhile, earnings season continues with big names like Apple and Starbucks reporting results later this week. So far, 49 percent of companies in the S&P 500 have reported results, and of those, a majority have beaten expectations. In other news, Facebook and Instagram users in Europe will soon have the option to pay to get rid of ads on the platforms. Meta is introducing an ad-free service that will cost subscribers about 10 euros on the web or about 13 euros on iOS and Android. The move comes as Meta continues to address European concerns regarding its ad targeting and data collection practices, with the company saying, "We respect the spirit and purpose of these evolving European regulations and are committed to complying with them." As long as a user remains subscribed to the ad-free service, their data will not be used for ad targeting. Users will still have free access to Facebook and Instagram, and Meta says their existing ad preference tools already in place will remain the same. Meta will also temporarily stop showing ads to teenagers in Europe starting on November 6th, though the timetable for how long is unclear. That's all for your daily briefing. From the New York Stock Exchange, I'm J.D. Durkin with TheStreet.
[Read more...](https://www.thestreet.com/video/meta-unveils-ad-free-facebook-and-instagram-subscription-in-europe)
TheStreet
Meta unveils ad-free Facebook and Instagram subscription in Europe
Meta is introducing a paid subscription that will remove ads from Facebook and Instagram in Europe.
Meta unveils ad-free Facebook and Instagram subscription in Europe
TheStreet's J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Monday, October 30. Full Video Transcript Below: I'm J.D. Durkin, reporting from the New York Stock Exchange. Stocks were in the green to close out today's session. The Dow closed up over 500 points, the Nasdaq closed up 1.1 percent, and the S&P closed 1.2 percent higher. This comes as investors look ahead to Wednesday's interest rate decision and Friday's October jobs report. Both events will be watched closely and will give investors a better picture of the state of the U.S. economy. Meanwhile, earnings season continues with big names like Apple and Starbucks reporting results later this week. So far, 49 percent of companies in the S&P 500 have reported results, and of those, a majority have beaten expectations. In other news, Facebook and Instagram users in Europe will soon have the option to pay to get rid of ads on the platforms. Meta is introducing an ad-free service that will cost subscribers about 10 euros on the web or about 13 euros on iOS and Android. The move comes as Meta continues to address European concerns regarding its ad targeting and data collection practices, with the company saying, "We respect the spirit and purpose of these evolving European regulations and are committed to complying with them." As long as a user remains subscribed to the ad-free service, their data will not be used for ad targeting. Users will still have free access to Facebook and Instagram, and Meta says their existing ad preference tools already in place will remain the same. Meta will also temporarily stop showing ads to teenagers in Europe starting on November 6th, though the timetable for how long is unclear. That's all for your daily briefing. From the New York Stock Exchange, I'm J.D. Durkin with TheStreet.
Read more...
TheStreet's J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Monday, October 30. Full Video Transcript Below: I'm J.D. Durkin, reporting from the New York Stock Exchange. Stocks were in the green to close out today's session. The Dow closed up over 500 points, the Nasdaq closed up 1.1 percent, and the S&P closed 1.2 percent higher. This comes as investors look ahead to Wednesday's interest rate decision and Friday's October jobs report. Both events will be watched closely and will give investors a better picture of the state of the U.S. economy. Meanwhile, earnings season continues with big names like Apple and Starbucks reporting results later this week. So far, 49 percent of companies in the S&P 500 have reported results, and of those, a majority have beaten expectations. In other news, Facebook and Instagram users in Europe will soon have the option to pay to get rid of ads on the platforms. Meta is introducing an ad-free service that will cost subscribers about 10 euros on the web or about 13 euros on iOS and Android. The move comes as Meta continues to address European concerns regarding its ad targeting and data collection practices, with the company saying, "We respect the spirit and purpose of these evolving European regulations and are committed to complying with them." As long as a user remains subscribed to the ad-free service, their data will not be used for ad targeting. Users will still have free access to Facebook and Instagram, and Meta says their existing ad preference tools already in place will remain the same. Meta will also temporarily stop showing ads to teenagers in Europe starting on November 6th, though the timetable for how long is unclear. That's all for your daily briefing. From the New York Stock Exchange, I'm J.D. Durkin with TheStreet.
Read more...
TheStreet
Meta unveils ad-free Facebook and Instagram subscription in Europe
Meta is introducing a paid subscription that will remove ads from Facebook and Instagram in Europe.
*Знаки отличия и*
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*are there any millennials out there who have no social media presence at all? why or why not?*
i have seen boomers and gen X on facebook and instagram by the droves, genz and gena on tiktok where do millennials stand? fwiw i have personally have no social media presence like none (other than reddit) and i have no desire either, am i the outlier? am i missing something? please discuss, curious to see what’s the opinion on millennials here edit: after sorting thru 500 comments, most of us are on reddit. majority quit facebook and insta but kept messenger for connections and marketplace. hate tiktok and twitter. most of us still remember myspace and cares about privacy. sounds like im in right place submitted by /u/AlteredCabron2 to r/Millennials [link] [comments]
[Read more...](https://www.reddit.com/r/Millennials/comments/17jpphd/are_there_any_millennials_out_there_who_have_no/)
i have seen boomers and gen X on facebook and instagram by the droves, genz and gena on tiktok where do millennials stand? fwiw i have personally have no social media presence like none (other than reddit) and i have no desire either, am i the outlier? am i missing something? please discuss, curious to see what’s the opinion on millennials here edit: after sorting thru 500 comments, most of us are on reddit. majority quit facebook and insta but kept messenger for connections and marketplace. hate tiktok and twitter. most of us still remember myspace and cares about privacy. sounds like im in right place submitted by /u/AlteredCabron2 to r/Millennials [link] [comments]
[Read more...](https://www.reddit.com/r/Millennials/comments/17jpphd/are_there_any_millennials_out_there_who_have_no/)
Reddit
From the Millennials community on Reddit
Explore this post and more from the Millennials community
are there any millennials out there who have no social media presence at all? why or why not?
i have seen boomers and gen X on facebook and instagram by the droves, genz and gena on tiktok where do millennials stand? fwiw i have personally have no social media presence like none (other than reddit) and i have no desire either, am i the outlier? am i missing something? please discuss, curious to see what’s the opinion on millennials here edit: after sorting thru 500 comments, most of us are on reddit. majority quit facebook and insta but kept messenger for connections and marketplace. hate tiktok and twitter. most of us still remember myspace and cares about privacy. sounds like im in right place submitted by /u/AlteredCabron2 to r/Millennials link comments
Read more...
i have seen boomers and gen X on facebook and instagram by the droves, genz and gena on tiktok where do millennials stand? fwiw i have personally have no social media presence like none (other than reddit) and i have no desire either, am i the outlier? am i missing something? please discuss, curious to see what’s the opinion on millennials here edit: after sorting thru 500 comments, most of us are on reddit. majority quit facebook and insta but kept messenger for connections and marketplace. hate tiktok and twitter. most of us still remember myspace and cares about privacy. sounds like im in right place submitted by /u/AlteredCabron2 to r/Millennials link comments
Read more...
Reddit
From the Millennials community on Reddit
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*Currently learning japanese and I already know I will forever fail at discerning those two*
submitted by /u/GaddockTeegFunPolice to r/mildlyinfuriating [link] [comments]
[Read more...](https://www.reddit.com/r/mildlyinfuriating/comments/17jwfde/currently_learning_japanese_and_i_already_know_i/)
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Reddit
From the mildlyinfuriating community on Reddit: Currently learning japanese and I already know I will forever fail at discerning…
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Currently learning japanese and I already know I will forever fail at discerning those two
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From the mildlyinfuriating community on Reddit: Currently learning japanese and I already know I will forever fail at discerning…
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*What is the smallest hill you’ll die on?*
submitted by /u/Pennsyltuckey54 to r/AskReddit [link] [comments]
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What is the smallest hill you’ll die on?
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*How would one possibly get back over?*
submitted by /u/Strawberry_Dakari to r/KidsAreFuckingStupid [link] [comments]
[Read more...](https://www.reddit.com/r/KidsAreFuckingStupid/comments/17jyooe/how_would_one_possibly_get_back_over/)
submitted by /u/Strawberry_Dakari to r/KidsAreFuckingStupid [link] [comments]
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From the KidsAreFuckingStupid community on Reddit: How would one possibly get back over?
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*Особенности*
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Особенности
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*Paparazzis at Halloween*
submitted by /u/darksideofgravity to r/MadeMeSmile [link] [comments]
[Read more...](https://www.reddit.com/r/MadeMeSmile/comments/17k12o9/paparazzis_at_halloween/)
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From the MadeMeSmile community on Reddit: Paparazzis at Halloween
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*The Best Places to Buy Pillows Online for Your Coziest Slumber Yet (Including Editor-Favorite Picks!)*
Get ready for a good night's sleep. READ MORE...
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Get ready for a good night's sleep. READ MORE...
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*Tesla's stock dropped 5% today, here's why*
Tesla (TSLA) - Get Free Report stock fell to its lowest levels since May on Oct. 30, tumbling nearly 5% to below $200 per share. The decline follows a string of losses since Tesla reported disappointing quarterly earnings results on Oct. 18. Tesla's stock is under pressure from a mounting list of concerns. Shutterstock Tesla faces a growing list of concerns There's little doubt that the electric vehicle market represents a massive market opportunity for Tesla. According to Cox Automotive's Kelley Blue Book, electric vehicle sales rose nearly 50% in the third quarter, a rate that was far faster than total vehicle sales. As a result, electric vehicles represent about 8% of all vehicles sold in the United States, up from about 6% a year ago. Electric vehicle sales strength hasn't gone unnoticed by the auto industry, given most manufacturers are launching new EV models. The growing availability of EVs is a good thing for consumers. However, more models mean Tesla is facing more competition than ever before.Related: Tesla’s EV throne is being chipped away at by this surprising luxury brand It's arguably already seeing that competition cut into its business. In Q3, sales of Tesla's high-end Model S and Model X slipped from one year ago, while Mercedes-Benz (MBGAF) - Get Free Report saw its EV vehicle sales surge higher. Overall, Tesla's EV market share fell to 50% in the third quarter, down from over 60% last year. Competition won't get easier following contract agreements between striking United Auto Workers and General Motors (GM) - Get Free Report, Ford Motor Company (F) - Get Free Report, and Stellantis (STLA) - Get Free Report. The auto strike had been a headwind to their EV efforts. The growing risk associated with increasing EV competition is one reason why Tesla's shares fell on Monday. Battery supplier Panasonic (PCRFY) - Get Free Report reported a loss for the first time in three quarters, citing declining demand for batteries used in Model S and Model X. The supplier's admission adds to a growing list of concerns about Tesla this year, including the worry that the highly-anticipated Cybertruck will be a drag on profit for longer than expected, the Department of Justice's investigation into Tesla's EV mileage claims could lead to penalties, and higher interest rates could sap demand, causing profit unfriendly price cuts. More Business of EVs:A full list of EVs and hybrids that qualify for federal tax creditsHere’s why EV experts are flaming Joe Biden’s car policyThe EV industry is facing an unusual new problem The potential headwinds are weighing on Wall Street analyst's optimism. The consensus full-year earnings per share forecast for 2024 has fallen to $3.75 from $4.17 over the past 90 days. The sell-side research firm Bernstein issued a report on Oct. 30 saying Tesla's margin and vehicle sales could disappoint next year. "To drive growth of 500,000 units this year, Tesla had to cut prices by ~16%, pressuring overall operating margins by 750 bps," wrote Bernstein's Toni Sacconaghi, Jr. "It remains unclear if Tesla can further cut prices enough to drive sufficient demand elasticity without potentially becoming negative." If Tesla can't kickstart sales with price cuts, it could see revenue and profit retreat, a double-edged sword that likely has some investors rethinking how much of a premium valuation they're willing to pay to own shares. Forget Tesla Stock – Sign up to see what we’re buying now
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Tesla (TSLA) - Get Free Report stock fell to its lowest levels since May on Oct. 30, tumbling nearly 5% to below $200 per share. The decline follows a string of losses since Tesla reported disappointing quarterly earnings results on Oct. 18. Tesla's stock is under pressure from a mounting list of concerns. Shutterstock Tesla faces a growing list of concerns There's little doubt that the electric vehicle market represents a massive market opportunity for Tesla. According to Cox Automotive's Kelley Blue Book, electric vehicle sales rose nearly 50% in the third quarter, a rate that was far faster than total vehicle sales. As a result, electric vehicles represent about 8% of all vehicles sold in the United States, up from about 6% a year ago. Electric vehicle sales strength hasn't gone unnoticed by the auto industry, given most manufacturers are launching new EV models. The growing availability of EVs is a good thing for consumers. However, more models mean Tesla is facing more competition than ever before.Related: Tesla’s EV throne is being chipped away at by this surprising luxury brand It's arguably already seeing that competition cut into its business. In Q3, sales of Tesla's high-end Model S and Model X slipped from one year ago, while Mercedes-Benz (MBGAF) - Get Free Report saw its EV vehicle sales surge higher. Overall, Tesla's EV market share fell to 50% in the third quarter, down from over 60% last year. Competition won't get easier following contract agreements between striking United Auto Workers and General Motors (GM) - Get Free Report, Ford Motor Company (F) - Get Free Report, and Stellantis (STLA) - Get Free Report. The auto strike had been a headwind to their EV efforts. The growing risk associated with increasing EV competition is one reason why Tesla's shares fell on Monday. Battery supplier Panasonic (PCRFY) - Get Free Report reported a loss for the first time in three quarters, citing declining demand for batteries used in Model S and Model X. The supplier's admission adds to a growing list of concerns about Tesla this year, including the worry that the highly-anticipated Cybertruck will be a drag on profit for longer than expected, the Department of Justice's investigation into Tesla's EV mileage claims could lead to penalties, and higher interest rates could sap demand, causing profit unfriendly price cuts. More Business of EVs:A full list of EVs and hybrids that qualify for federal tax creditsHere’s why EV experts are flaming Joe Biden’s car policyThe EV industry is facing an unusual new problem The potential headwinds are weighing on Wall Street analyst's optimism. The consensus full-year earnings per share forecast for 2024 has fallen to $3.75 from $4.17 over the past 90 days. The sell-side research firm Bernstein issued a report on Oct. 30 saying Tesla's margin and vehicle sales could disappoint next year. "To drive growth of 500,000 units this year, Tesla had to cut prices by ~16%, pressuring overall operating margins by 750 bps," wrote Bernstein's Toni Sacconaghi, Jr. "It remains unclear if Tesla can further cut prices enough to drive sufficient demand elasticity without potentially becoming negative." If Tesla can't kickstart sales with price cuts, it could see revenue and profit retreat, a double-edged sword that likely has some investors rethinking how much of a premium valuation they're willing to pay to own shares. Forget Tesla Stock – Sign up to see what we’re buying now
[Read more...](https://www.thestreet.com/automotive/teslas-stock-dropped-5-today-heres-why)
TheStreet
Tesla's stock dropped 5% today, here's why
There are a few reasons why the electric vehicle maker's stock tumbled.