28. Is Tesla really worth $500 million? (English Vocabulary Lesson)

<p><strong>On today’s episode we are going to discuss the news that Tesla is now worth over $500 billion! This is considerably more than any other car manufacturer! Is Tesla really worth $500 billion? Why has the company's value increased so much over the last year? How can a company that produces few cars be worth more than many of its competitors combined?</strong></p> <p><strong>TRANSCRIPT!!! - </strong><a href="https://thinkinginenglish.blog/?p=571" rel="external noreferrer noopener" target="_blank">https://thinkinginenglish.blog/2020/12/01/<strong>28-is-tesla-really-worth-500-million-english-vocabulary-lesson</strong>/</a></p> <p><strong>Contact Us!!</strong></p> <p><strong>INSTAGRAM - thinkinginenglishpodcast (</strong><a href="https://www.instagram.com/thinkinginenglishpodcast/" rel="ugc noopener noreferrer" target="_blank"><strong>https://www.instagram.com/thinkinginenglishpodcast/</strong></a><strong>)</strong></p> <p><strong>Twitter - @thinkenglishpod</strong></p> <p><strong>Blog - thinkinginenglish.blog</strong></p> <p><strong>Gmail - [email protected]</strong></p> <p><br></p> <p><strong>Vocabulary list</strong></p> <p><strong>Gruelling (adj) - extremely tiring and difficult, and demanding great effort and determination</strong></p> <p><em>Runners are taking part in a gruelling 100-mile race in the mountains</em></p> <p><strong>Value (n) - the amount of money that can be received for something. Also included in this episode are the verb ‘to value’ (meaning to give a judgement about how much money something should be sold for) and the noun ‘valuation’ (which is the act of saying how much something is worth)</strong></p> <p><em>The value of the pound fell against other currencies</em></p> <p><strong>Profitable (adj) - making or likely to make a profit</strong></p> <p><em>Over the years it has developed into a highly profitable business</em></p> <p><strong>Quarterly (adj,adv) - done or produced four times a year</strong></p> <p><em>The magazine will be produced quarterly</em></p> <p><strong>Consecutive (adj) - following one after another without interruption</strong></p> <p><em>We’ve had five consecutive days of rain</em></p> <p><strong>-fold (suffix) - multiplied by the stated number - if i start with $5, then it increases threefold, i now have $15!</strong></p> <p><em>In the last 50 years, there has been a 33-fold increase in the amount of chemicals used in farming</em></p> <p><strong>To deem (v) - to consider or judge something in a particular way</strong></p> <p><em>The area has now been deemed safe</em></p> <p><strong>Consistently (adv) - in a way that does not change</strong></p> <p><em>The president has consistently denied the rumours</em></p> <p><strong>To fluctuate (v) - to change, especially continuously and between one level or thing and another</strong></p> <p><em>Vegetable prices fluctuate according to the season</em></p> <p><strong>Irrational (adj) - not using reason or clear thinking</strong></p> <p><em>It’s totally irrational, but i’m frightened of mice</em></p> <p><br></p> <p><strong>Comprehension Questions!</strong></p> <p><strong>Q. What are the three companies I mentioned listed on the S&P 500 index?</strong></p> <p><strong>A. apple, Microsoft, and Amazon</strong></p> <p><strong>Q. How much was a Tesla share in January? How much are they now (at the time i’m writing)?</strong></p> <p><strong>A. $86 in January. Almost $550 now!</strong></p> <p><strong>Q. How many cars did Tesla sell in 2019?</strong></p> <p><strong>A. 367,500</strong></p> --- Support this podcast: <a href="https://podcasters.spotify.com/pod/show/thinking-english/support" rel="payment">https://podcasters.spotify.com/pod/show/thinking-english/support</a>

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