Afternoon Coffee: Tesla Gains a Grip on its Supply Chain, Retail Execs Prioritize Digital Transformation Stock

Known for both its sleek designs and its struggles with production delays, automaker Tesla may finally be getting a better handle on how to run its supply chain, the Wall Street Journal reports.  The company delivered 22,200 sedans and SUVs in the fourth quarter, its second-best ever for deliveries. Investors are scrutining Tesla’s ability to produce and deliver vehicles to determine whether CEO Elon Musk’s targets for delivering a mass-market electric vehicle are plausible.

Retail Execs Look to Tech Investment

Emerging digital technologies are the best bet to reach the modern shopper, retail CEOs said in a new JDA/PwC survey. The internet of things (IoT), big data, robotics and augmented reality are some of the ways CEOs reveal they are choosing to invest their capital in the coming year; 69% of executives said they plan to increase their investment in digital transformation over the next year, as well.

Tyson Ditches Antibiotics

The second-largest poultry company in the world announced this week it would stop using antibiotics on its chickens by June 2017, Quartz writes. The decision comes off the back of research indicating the use of antibiotics in animal farming has contributed to the emergence of human illnesses not treatable with common antibiotics.

Beyond that, Tyson also said its customer base is changing. “Certainly the conscious consumer today is holding us accountable,” said Tom Hayes, the president of Tyson Foods.

Fed Eyes Rate Increase

And finally, whispers from the Federal Reserve: The bank’s most recent minutes indicate that “many participants” wanted to increase the benchmark rate “fairly soon” if the economy continued to grow, according to the New York Times.

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