Elon's battery is always charged 🔋

“To be honest, once you’ve driven around for about five, 10 laps, you don’t notice a difference.”

- Danica Patrick

👋 GM! Rallie here, the newsletter navigating you through the crypto and tech streets. Buckle up, we're going fast today.

On the menu:

• 🔋 Tesla's record profits

• 🚀 Bitcoin bounces back

• 🗞️ Headlines that hit

• 🤓 Refresh: Recession proofing

• 💯 Top tweets

Rallie Recap

🔋 Elon's battery is always charged.

• Tesla shares popped this week after the company beat Wall Street revenue targets and reported record profits for Q4 of 2022.

• The company's demand is more bullish than almost any other automaker, proving to investors that it can cut costs and still generate cash, with further plans to increase production rates.

• Earlier this month, Tesla also slashed prices of its new cars by as much as 20%, making the vehicles more affordable and likely eligible for federal tax credits, while also putting pressure on other EV automakers.

Moral of the story, never count Elon out... even during a Twitter acquisition.

🚀 Bitcoin is bouncing back, baby. 

• Bitcoin (BTC) is up more than 11% over the last week, and an impressive 36% YTD. 

• Ethereum (ETH) followed Bitcoin in a similar trend, soaring 6.5% in the last week alone *cue crypto bros chanting, 'to the moon!'*

• The overall market capitalization is holding steady (hodling, if you will) above the $1T mark, after reclaiming the figure mid-January.

• As the crypto market continues to rise, many are wondering—is this the beginning of a larger bull run? Time will tell.

*Inserts shameless plug*

Either way, we say now is the best time to learn about cryptocurrency. And we're hosting a workshop! Join us to learn the basics of blockchain, bitcoin, & more. Grab your ticket here.

Headlines That Hit

• 🤦‍♀️ A firm advising BlockFi's creditor committee mistakenly uploaded a document showing a $1.2B relationship with FTX, much bigger than previously disclosed. Whoopsie?

• 📉 Alexa, add Spotify to the layoff playlist. This week, the streaming service announced it will cut 6% of its global workforce, amid reports that its operating costs were double its revenue in 2022.

• 🏁 Porsche dropped its first NFT collection... and it was a crash and burn. On Monday, the German automaker had to halt its mint and shift gears, after Twitter tore up the collection for its large supply and high prices.

• 🎵 This week, Ticketmaster faced the music during a US Senate hearing on the lack of competition in the ticketing industry, after it royally fumbled sales for Taylor Swift's upcoming tour. Ticketmaster—you're the problem, it's you.

Why We Rallie

😔 In August 2021, the Taliban took control of Afghanistan and banned all women from participating in sports. This month, Afghan women defied the ban by taking anonymous pictures playing the sports they love, and the photos are heartbreaking. Along with the ban on sports, here are other restrictions on women in the country:

• Girls are barred from attending middle and high school.

• Women are no longer allowed to attend university.

• All women are required to cover their hair and face in public.

• Women are prohibited from going to parks or gyms.

• Women are severely limited from working outside the home, recently banned from working for non-government organizations.

We think Audre Lorde said it best, 'I am not free while any woman is unfree, even when her shackles are very different from my own.'

Rallie Refresh: Recession Proofing

There's already been over 59K people laid off from the tech industry in 2023, and it doesn't seem to be slowing down. Here's a few proactive things you can do to keep yourself at the top of the recruiter pile: 

1. Renovate your resume: Add in your big wins, notable projects, and new skills you mastered. Had a post go viral? Add that too.

2. Dissect job descriptions: Stay on trend with your industry. Research common key words so you don't get caught sounding stale.

3. Update your LinkedIn profile: Don't sleep on this powerful tool! Use these tips to make yourself the main character on the home page.

4. Build your personal brand: It's 2023 and brands rely on employees to market their company more than ever. Show that you can be a great spokesperson. Turn your curiosity into content.

Trending Tweets 

Our fav funnies to get you through the day. 

Congrats, you made it to the end! 

That's all for today. Stay hungry & we'll catch you next time. ✌️ 

DISCLAIMER: This is not financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions.