1. Media & Marketing

Prof G Markets: The Most Profitable Year in Banking History, Elon’s Tesla Stake, and Firing People

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Scott shares his thoughts on Elon Musk’s demands for a 25% stake in Tesla. He also takes a look at the latest bank earnings and breaks down why 2023 was the most profitable year ever for JP Morgan Chase, while Citigroup swung to a loss in the fourth quarter. He also discusses best practices for firing or letting people go.

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Scott is the Founder of L2 and a Clinical Professor at the NYU Stern School of Business where he teaches brand strategy and digital marketing. In 2012, Professor Galloway was named “One of the World’s 50 Best Business School Professors” by Poets & Quants. He is also the founder of Red Envelope and Prophet Brand Strategy. Scott was elected to the World Economic Forum’s Global Leaders of Tomorrow and has served on the boards of directors of Eddie Bauer (Nasdaq: EBHI), The New York Times Company (NYSE: NYT), Gateway Computer, and UC Berkeley’s Haas School of Business. Scott co-hosts the Pivot podcast with Kara Swisher. He received a B.A. from UCLA and an M.B.A. from UC Berkeley. https://scottgalloway.com/
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