Higher Rock Education - Economics Blog

Tesla Added to the S & P 500

Monday, December 21, 2020

Shares of Tesla, Inc. increased to a record high. Tesla joins the S&P 500 today and funds that model the S&P 500 purchased 1.7 billion shares just before the markets closed on Friday, according to an article in The Wall Street Journal. Tesla's share price increased $39.10 to $695, which boosted its market capitalization to over $628 billion, the highest in the automotive industry. In July 2017 we published Tesla - 4 Points You Should Consider Before Buying Its Stock or Car. We have updated the blog in light of the growth in Tesla and its inclusion in the S&P 500. More

The Move to Electric Vehicles (EV)

Friday, October 30, 2020

As scientists and world leaders become more informed about climate change, the world has adjusted the way it buys cars. Chances are your next car will be more environmentally friendly. Electric vehicles are the fastest growing segment of the automotive industry. How are companies in the automotive industry adapting? What will it take to build the infrastructure for a sustainable charging network? More

Industries Most Impacted by the Coronavirus

Friday, April 24, 2020

The coronavirus, or COVID-19, has been designated a pandemic by the World Health Organization and is causing havoc on global economies, including the United States – the world’s largest economy. Businesses have been forced to close. The effect has drastically slowed the world economy. Millions of people have lost their jobs in the United States and throughout the world. More

16 Items that Have Been Replaced by Your iPhone

Thursday, September 28, 2017

Earlier this month, Apple released its iPhone 8 and iPhone 8 Plus. Smartphones in general are not cheap, but the iPhone 8 retails for $699 and the iPhone 8 Plus comes in at $799. I have heard many of my friends debating over whether or not it’s worth such a high price tag. While those prices seem extremely steep at first glance, I began thinking about all of the items that our smartphones have replaced. As all of these things are added up, it makes the price surprisingly more reasonable. More

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