Category: business

Charted: Tesla’s Unrivaled Profit Margins


This post is by Marcus Lu from Visual Capitalist


Tesla's profit margins per car

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Chart: Tesla’s Unrivaled Profit Margins

In January this year, Tesla made the surprising announcement that it would be cutting prices on its vehicles by as much as 20%.

While price cuts are not new in the automotive world, they are for Tesla. The company, which historically has been unable to keep up with demand, has seen its order backlog shrink from 476,000 units in July 2022, to 74,000 in December 2022.

This has been attributed to Tesla’s robust production growth, which saw 2022 production increase 41% over 2021 (from 930,422 to 1,313,851 units).

With the days of “endless” demand seemingly over, Tesla is going on the offensive by reducing its prices—a move that puts pressure on competitors, but has also angered existing owners.

Cranking up the Heat

Tesla’s price cuts are an attempt to protect its market share, but they’re not exactly the desperation move some media outlets have claimed them to be.

Recent data compiled by Reuters shows that Tesla’s margins are significantly higher than those of its rivals, both in terms of gross and (Read more...)

Ranked: The Top 50 Most Visited Websites in the World


This post is by Nick Routley from Visual Capitalist


View the full-resolution version of this infographic

Data visualization showing the top 50 websites in the world

Ranked: The Top 50 Most Visited Websites in the World

Estimates vary, but there are upwards of two billion websites in existence in 2023.

If we were to rank all of these websites according to their traffic numbers, we would see a classic power law distribution. At the low end, the vast majority of these websites would be inactive, receiving little to no traffic. On the upper end of the ranking though, a handful of websites receive the lion’s share of internet traffic.

This visualization, using data from SimilarWeb, takes a look at the 50 websites that currently sit at the top of the ranking.

Which Websites Get the Most Traffic?

Topping the list of most-visited websites in the world is, of course, Google. With over 3.5 billion searches per day, Google has cemented its position as the go-to source for information on the internet. But Google’s dominance doesn’t stop there. The company also owns YouTube, the second-most popular website in the world. Together, Google and YouTube have more traffic than the next 48 websites combined.

The power of YouTube, in particular, is sometimes not fully understood. The video platform is the second largest search engine in the world after Google. As well, YouTube has the second highest duration-of-visit numbers in this top 50 ranking. (First place goes to the Chinese video sharing website, Bilibili.)

But Google and YouTube aren’t the only big players on the internet. Other websites (Read more...)

Interested in a Career in Global Trade?


This post is by Rida Khan from Visual Capitalist


The following content is sponsored by The Hinrich Foundation

Interested in a Career in Global Trade?

The growth of global trade is causing a mass geographical redistribution of workforces.

This is creating employment everywhere it goes and grows, according to the OECD. So how can this redistribution and growth be utilized to launch a successful career?

In the above infographic from The Hinrich Foundation, we explore the massive explosion of career opportunities in international trade. To start, let’s dive into the inner workings of global trade.

Introduction to Global Trading

Trading across borders is a complex process, especially when two or more countries are involved. This is called a Global Value Chain (GVC) and it enables more than half of the world’s international trade.

Here is a visualization of the trade routes of cargo ships across oceans. Note that while this data is from 2012, it is purely intended to demonstrate the complex nature of global trade.

GVCs require a chain of people working throughout the trade route of all internationally exchanged goods and services.

According to the OECD, a country’s ability to benefit from GVCs depends on how much it invests in the skills and education of their citizens.

Understanding the Landscape of Global Trade

For those considering pursuing a career in trade, it can help to look at the landscape of (Read more...)

Visualizing Tech Company Layoffs in 2022


This post is by Nick Routley from Visual Capitalist


tech layoffs in 2022

Visualizing Tech Company Layoffs in 2022

Layoffs are happening so frequently in 2022 that everyone from Crunchbase to Indian tech website Inc42 are now keeping track.

There is even a standalone website tracking all tech layoffs in the United States.

For the purposes of this infographic, we’ve used data from trueup.io which includes a mix of U.S. and international tech companies that have let workers go in 2022.

A Thousand Cuts: Mass Layoffs by Tech Companies

Layoffs are having an impact on the entire tech industry, and the phenomenon is global. Here are some of the most high-profile examples of mass layoffs in 2022:

Meta: The social media giant faces competition from upstarts like TikTok, as well as a pool of ad dollars that is shrinking in the face of a faltering economy. Although this reduction in headcount is painful for Meta, it’s worth considering a more broad perspective. In close to two decades of doing business, these will be the company’s first wide-scale job cuts.

Twitter: Though Meta wins with sheer volume of cuts, Twitter’s mass layoffs are surely the most dramatic. In early November, the company’s iconoclastic new owner, Elon Musk, slashed 50% of the workforce, and soon after, thousands of contractors also suddenly lost their jobs. Estimating how many employees remain at the company will remain a challenge until the dust settles.

Byju’s: Layoffs are not just confined to the United States. India’s sizable tech sector is also facing cuts. EdTech giant, Byju’s, laid off 2,500 employees (Read more...)

Is Your Startup “PR Ready”?



Original Artwork by Katie Rhead

I’ve been engaged with Public Relations (PR) since I was a kid (my dad was a PR executive), and my brother went on to start his own PR company. I’ve hired and worked with many PR agencies over the years (including BAM, who works with us at Thomvest Ventures). Given all the money I’ve seen wasted over the years on PR by various businesses (including startups), I’d like to offer some ways to help ensure your investment in this incredible and unique marketing discipline is money well spent.

Reality Check: AirBnB and Tesla Are Exceptions Among Thousands of Brands — We’ve all witnessed the power of positive press for a startup. Examples include the story of Brian Chesky and Joe Gebbia who were unable to afford their rent in San Francisco; it eventually led to the creation of AirBnB. Tesla spends nothing on advertising and has been the star of countless stories of being a fearless pioneer in the electric vehicle industry. The best part (from AirBnB and Tesla’s POV) is they got all this positive coverage without hiring a PR firm or reaching out to reporters.

Any founder’s dream is to attract that kind of press coverage without having to invest precious startup funds in traditional marketing. Unfortunately, for 99.9% of startups, you will have to spend money on marketing (including PR) for your startup to get the associated benefits (i.e., awareness, customer leads, fundraising boost, recruiting enhancement, etc.). The critical success factor is to be thoughtful (Read more...)

Visualizing the World’s Top Social Media and Messaging Apps


This post is by Nick Routley from Visual Capitalist


View the high-resolution version of this infographic.

Social Media Universe 2022 preview

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The Social Media Universe in 2022

For a time, life in the social media universe was mostly uneventful. Consider these spicy (at the time) headlines:

In hindsight, the years leading up to 2016 were downright sleepy in comparison with what would follow. Donald Trump’s meteoric, tweet-powered rise to the presidency. The Cambridge Analytica scandal. Congressional hearings on privacy and bias. TikTok at the center of souring U.S.–China relations. Each new day brought a fresh wave of controversy the shores of once infallible social media platforms.

Today, the honeymoon phase is long over and the messiness of running a global social platform is now on full display. Nowhere is this more evident than Twitter during the current Elon Musk transitional period—but more details on that later.

For (Read more...)

These Global Cities Show the Highest Real Estate Bubble Risk


This post is by Nick Routley from Visual Capitalist


World map showing which cities show the greatest real estate bubble risk

These Global Cities Show the Highest Real Estate Bubble Risk

Housing bubbles are a tricky phenomenon. As a market gathers steam and prices increase, it remains a matter of debate whether that market is overvalued and flooded with speculation, or it’s simply experiencing robust demand.

Of course, once a bubble bursts, it’s all obvious in hindsight.

One common red flag is when prices decouple from local incomes and rents. As well, imbalances in the real economy, such as excessive construction activity and lending can signal a bubble in the making.

The map above, based on data from the Real Estate Bubble Index by UBS, examines 25 global cities, scoring them based on their bubble risk.

Overinflated Markets

In the 2022 edition of the Real Estate Bubble Index, nine of the cities covered were classified as having extreme bubble risk (1.5 or higher score).

RankRisk CategoryCityBubble Index Score
#1🔴🇨🇦 Toronto2.24
#2🔴🇩🇪 Frankfurt2.21
#3🔴🇨🇭 Zurich1.81
#4🔴🇩🇪 Munich1.80
#5🔴🇭🇰 Hong Kong1.71
#6🔴🇨🇦 Vancouver1.70
#7🔴🇳🇱 Amsterdam1.62
#8🔴🇮🇱 Tel Aviv1.59
#9🔴🇯🇵 Tokyo1.56
#10🟠🇺🇸 Miami1.39
#11🟠🇺🇸 Los Angeles1.31
#12🟠🇸🇪 Stockholm1.22
#13🟠🇫🇷 Paris1.21
#14🟠🇦🇺 Sydney1.19
#15🟠🇨🇭 Geneva1.14
#16🟠🇬🇧 London1.08
#17🟠🇺🇸 San Francisco0.78
#18🟠🇺🇸 Boston0.75
#19🟠🇪🇸 Madrid0.59
#20🟠🇺🇸 New York0.57
#21🟠🇸🇬 Singapore0.50
#22🟢🇮🇹 Milan0.34
#23🟢🇧🇷 Sao Paulo0.20
#24🟢🇦🇪 Dubai1.16
#25🟢🇵🇱 Warsaw0.15

Canada’s largest city finds itself at the top of a ranking no city wants to end up on. Toronto’s (Read more...)

FICO Scores: A Complete Breakdown with Freddie Huynh


This post is by MPD from @MPD - Medium


On this week’s episode I chat with Freddie Huynh, a veteran data scientist in the credit risk space. Most notably, Freddie oversaw the development of the FICO Score from 1996 to 2015.

It was really before analytics and data is what it is today. In a way, Freddie is one of the OG data scientists, one of the original guys out in that space. During our chat we discuss how the FICO Score works, we break down some of the urban myths about how scores are calculated, and we chat about the evolution of the data science industry. Enjoy.

Listen via your preferred platform here.

Show Links:


FICO Scores: A Complete Breakdown with Freddie Huynh was originally published in @MPD on Medium, where people are continuing the conversation by highlighting and responding to this story.

iPhone Now Makes Up the Majority of U.S. Smartphones


This post is by Nick Routley from Visual Capitalist


Charts showing iphone's share of smartphone user base in America

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Licenses are required for some commercial uses, translations, or layout modifications. You can even whitelabel our visualizations. Explore your options.
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iPhone Now Makes Up the Majority of U.S. Smartphones

One of the most iconic tech moments of the 21st century is Steve Jobs, in his signature black turtleneck, holding up a small device: the iPhone. Since that introduction at the 2007 Macworld conference in San Francisco, iPhone has gone on to become a global phenomenon, with over 1.2 billion units now sold around the world.

Today, the smartphone market is a fiercely competitive space.

On a global scale, iPhone has carved out a respectable 16% of the smartphone market. In the U.S., however, the iPhone has managed to win the hearts and minds of more consumers. New data from Counterpoint Research via FT notes that iPhones now make up 50% of the overall installed user base* in the United States.

With a plethora of smartphone brands available to American consumers—and many at lower price points—what is it that makes this brand so popular?

ℹ “Installed user base” is a particularly interesting statistic because it doesn’t just track devices that are sold over a given period, it (Read more...)

Ranked: The Most Popular Fast Food Brands in America


This post is by Avery Koop from Visual Capitalist


fast food brands ranked by systemwide sales in 2021

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Yes. Visualizations are free to share and post in their original form across the web—even for publishers. Please link back to this page and attribute Visual Capitalist.
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Licenses are required for some commercial uses, translations, or layout modifications. You can even whitelabel our visualizations. Explore your options.
Interested in this piece?
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Ranked: The Most Popular Fast Food Brands in America

Ever since the McDonald brothers created the concept of fast food in 1940, the restaurant’s golden arches have continued to beckon customers to its quick, cheap, and tasty meals.

McDonald’s is still the most popular fast food brand in America today—with $46 billion in systemwide sales last year.

This graphic uses data from a report on America’s top 50 fast food chains by Quick Service Restaurant (QSR) Magazine. The popular brands are sized by their 2021 systemwide sales and broken down into six broad categories: Burger, Chicken, Snack, Pizza, Sandwich, and Global.

Note: a number of these figures are estimates. Unofficial figures are noted in the graphic with an asterisk.

The Most Popular Fast Food Companies

It’s indisputable that McDonald’s is America’s favorite fast food restaurant, if not the world’s. McDonald’s sales are almost double the second the place restaurant’s, Starbucks—totaling $46 billion compared to the coffee shop’s $24 billion.

Here’s a closer look at the numbers:

RankCompanySystemwide Sales (2021)Category
#1McDonald's$46.0 billionBurger
(Read more...)