Goodbye ‘Last Call’

That’s a wrap on Last Call! I’m incredibly grateful and proud of what our team accomplished. We brought fresh stories and commentary to a tough time slot. It was an honor to stack and call a crazy hour of programming every weeknight for the past year and a half. I leave the show with many new friends and zero regrets.

Massive thank you to Brian Sullivan, my fellow producers and technical staff. Last Call was some of the smartest programming TV has seen in years because of you.

I’m going to take some time to look at new options – and examine the value I can bring to emerging, high-growth areas in media. While cable may face some difficulties – content remains king. My updated resume is visible on this page, as is my contact information.

I’ve been blown away by the kindness and encouraging comments from fans. This just adds to the pride I had in what we did.

Investors should ‘zoom out’ and look past Tesla’s short-term struggles, says ARK Invest

With Tesla reporting earnings on Tuesday, even the biggest Tesla bulls are expecting some letdown.

“I wouldn’t be surprised about some short-term upsets,” Tasha Keeney, ARK Invest’s Director of Investment Analysis, told CNBC’s Last Call on Monday. “But I think the long-term story is EVs are here to stay.”

ARK Invest’s current price target for Tesla stock is $2,000 by 2027. This aggressive projection implies an upside of 1,300% from Tesla’s closing price of $142 on Monday.

The electric vehicle maker’s shares fell for the seventh consecutive session on Monday after cutting prices on several models, sending the stock to a 15-month low.

“Tesla’s prices are so competitive,” Keeney said. “It’s going to be very hard for any other company to catch up to them at this point.”

Keeney emphasized that ARK Invest is focused on the long-term innovations Tesla is poised to capitalize on — like robotaxis.

“It’s single-handedly pushed forward the electric vehicle industry. I think it’s going to do the same for autonomous driving,” Keeney said. “So that’s what we’re focused on — that long-term story.”

WATCH FULL INTERVIEW ON CNBC.COM

‘Feels like the enemy is within’ Boeing airplanes, says pilot

Boeing’s recent troubles have put some pilots on high alert when they enter the cockpit.

“It gives me even more pause when I get on the airplane,” Dennis Tajer, spokesperson for the Allied Pilots Association and a pilot for American Airlines, told CNBC’s Last Call on Tuesday. “And not a pause of concern of flying it – but making sure I’m watching it like a hawk.”

Multiple incidents involving Boeing planes have made headlines over the past several days, including one in which at least 50 people were injured on a 787 Dreamliner after passengers say it descended rapidly on a flight from Australia to New Zealand. The cause of that incident is under investigation, but carrier LATAM Airlines referred to it as a “technical event.”

On Tuesday, Southwest and Alaska Air said their flying plans were at risk amid Boeing’s ongoing quality-control concerns.

“Every airline is basically fighting to ensure that their network plan is not undermined by this failure of Boeing,” said Tajer, a Boeing 737 captain. “And it changes every day.”

Despite the time he spent flying Boeing 707s in Desert Storm for the U.S. Air Force, Tajer said he thinks about the dangers of flying more than he ever has before.

“I was in the military and Boeing planes saved my tail many times in combat,” Tajer said. “The enemy was outside the airplane. Now it feels like the enemy is within.”

WATCH FULL INTERVIEW ON CNBC.COM

Clicks Over Clarity: Misleading Headlines About Tesla’s “Recall” 

Wednesday, December 15

Context: After a years-long investigation into Tesla’s autopilot feature, NHTSA has ordered the company to recall 2 million of its vehicles. But all this means for Tesla is that they’ll have to issue an over-the-air software update to adjust the feature at no cost to owners.

While we originally planned to have this discussion around Tesla’s stock price, our host Brian Sullivan quickly honed in on the detail that many publishers were burying or outright ignoring.

Brian: “I think for most consumers, when they see the word ‘recall’ they assume something more serious than a software update.”

We had passionate Tesla investor Ross Gerber join Last Call to share his take on the issue that seems to repeat itself every few months.

Ross: “I do think it’s very misleading when the media runs headlines like 2 million cars being recalled. It certainly infers that there’s a negative financial impact to this — and there isn’t,” Gerber said. “The media must call Tesla for comment — as you guys do every time — and what do they say: nothing.”

“Why would the headlines be correct? How would the headlines be correct if they don’t correct them? So now you have me on tv and we try to get the right information out to consumers, to viewers, and to investors. Tesla doesn’t do this. So why?”

While Gerber’s point about Tesla lacking a PR department to thwart false narratives about the company is justified, I would place the onus for this miscommunication on business journalists. Media has a responsibility to fact-check the initial headlines it receives from government agencies, not rely on dated language. Just look at some of these headlines:

Credit to the Financial Times and our own network CNBC for framing the story accurately. While other publications’ headlines were factually correct, there is a responsibility to not omit vital details that would better inform the casual reader.

Rightfully so, Tesla enthusiasts were pissed — and don’t just suspect a lack of due diligence from media — but believe the error occurs repeatedly because of a concerted effort to smear Tesla.

These were replies to the Last Call interview posted to twitter. There is a complete lack of trust in business journalism. Tesla supporters feel jaded and even resort to criticizing the network that is pointing out the misinformation in the media ecosystem.

This is the cost of a media that prioritizes clicks over clarity.

In the control room during this live interview, even I noticed that our first headline didn’t have enough room to mention the software update. You’ll notice at 0:54 we change the banner (that has limited character space) to “TESLA ROLLS OUT AUTOPILOT UPDATE”.

You’d like to think this online backlash from Tesla believers would cause journalists to think twice about their headlines. All I can say from my team is that it won’t be a mistake you see on Last Call.

Article: The Cookie Man

Zach Zelner entered Florida State’s College of Entrepreneurship with the desire to learn fundamentals of business in lecture halls. Only two years later, now 20 years old, Zelner is getting on-the-job training as Founder and Owner of the thriving local business, Z Baked.

Zelner had launched The Cookieman in his first semester of college. It was a service that delivered a variety of baked goods for late-night free delivery. With The Cookieman’s early success, Zelner knew he would have to devote more of his time to his growing business.

When he was 18 years old, Zelner dropped out of the College of Entrepreneurship as advisers proved unhelpful in his desire to continue attending school.

“That first night, my girlfriend and I, alone in my apartment, we got like 45 orders,” Zelner said. “It was an absolute disaster.”

Without drivers, an appropriate oven and other kitchen necessities, Zelner found it stressful trying to keep up with the overwhelming number of orders.

After three weeks of working out of his small apartment, Zelner arranged to use Donut Kingdom’s kitchen through the late hours of the night.

“As we went into Donut Kingdom, sales increased eleven-fold,” Zelner said.

After seven months of saving, Zelner opened his own store on Pensacola Street and changed his company’s name from The Cookieman to Z Baked.

It was at Donut Kingdom that Zelner hired Juan Severini, one of Z Baked’s best customers, to drive for them. Severini is now a manager at Z Baked’s Tallahassee location.

“Before I started working here, I ordered Cookieman for a month straight, to the point that I went broke,” Severini said. “I was paying in like pennies and dimes. I knew I had to get a job.”

Severini sees Z Baked’s success as a result of catering to two large markets occupied by college students.

“One is the stoner market and the other one is the drunk market,” Severini said. “You’ve got your fried food that’s going to sober you up and you’ve got your munchies and sweets that are going to satisfy your cravings.”

More than a month ago, BITE was launched out of Z Baked’s Tallahassee location. With an entirely different menu featuring mozzarella sticks, chicken fingers, macaroni and cheese and more, BITE has shown promising results.

“I looked at it and knew this is what people want,” Zelner said. “We already had the infrastructure. We had the storefront, the drivers, the kitchen, and it became evident that it was something we were going to move forward with.”

Though the kitchen can be hectic at times, Zelner believes in fostering a relaxing, positive work environment for his employees.

“I’m not a very relaxed person. I’m pretty intense and driven for what I want,” Zelner said. “I try to redirect that drive into positive energy to ensure a happy and cohesive team. We want our employees to be positive, to be happy with the business, to support the business, and to feel comfortable being there.”

After successfully expanding to locations in Orlando and Tampa, Zelner hired Kolby Watson as Tallahassee’s general manager, who has a similar approach to the workplace atmosphere.

“From the beginning, we’ve tried to keep it positive and fun,” Watson said. “As a manager, I think the best dynamic is having staff that want to listen to you, and really care about doing well.”

At 20 years old, Zelner looks forward to the further growth of his business. While he admits he still makes mistakes, he appreciates the lessons learned.

“I’m not anything special,” Zelner said. “I’m a guy who won at something simply because I wasn’t going to take ‘no’ for an answer. I wasn’t going to stop.”

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