The Best One Yet
🚗 “Why Elon should sell” — The Tesla solution. Boston Celtics’ fine print. Fashion coffee chains
24 Mar 2025
With Tesla stock tanking and drivers trading them in... we’re proposing the Tesla Solution.Why the Celtics sold for a record amount… even though they rent their arena.Gucci, H&M, & Ralph Lauren all launched coffee chains… but it’s not about $12 lattes.Plus, we wrote a financial rap song about the most important investment for kids… $PPRUY $TSLA $RLWant more business storytelling from us? Check out the latest episode of our new weekly deepdive show: The untold origin story of MTV 📺 “How Video Killed the Radio Star” Subscribe to The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinks to listen.“The Best Idea Yet”: The untold origin stories of the products you’re obsessed with — From the McDonald’s Happy Meal to Birkenstock’s sandal to Nintendo’s Susper Mario Brothers to Sriracha. New 45-minute episodes drop weekly.—-----------------------------------------------------Subscribe to our new (2nd) show… The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinksEpisodes drop weekly. It’s The Best Idea Yet.GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts FOR MORE NICK & JACK: Newsletter: https://tboypod.com/newsletter Connect with Nick: https://www.linkedin.com/in/nicolas-martell/ Connect with Jack: https://www.linkedin.com/in/jack-crivici-kramer/ SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Anything else: https://tboypod.com/ Subscribe to our new (2nd) show… The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinksEpisodes drop weekly. It’s The Best Idea Yet.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Full Episode
This is Nick. This is Jack. Welcome back. It is Monday, March 24th, and today's pod is the best one yet. This, this is a T-boy. The top three pop business news stories you need to know today. Is your tux ready? I'm sorry, is your tux fitting over there? I think I forgot to send it to the dry cleaner. Yeah, it is. Jack and I are whipping out our tuxes in one week in Chicago.
What are we going to be doing there, Jack? We're going to an award ceremony. We are. The Best Idea Yet got nominated for Best Business Podcast. It's very exciting. There's stiff competition. We don't know if we're going to win or not. No idea. We've prepared speeches either way. The speeches, by the way, I think they're like 30 seconds. That's how much time we get. More on that soon.
In the meantime, we're celebrating the wins. Thanks for helping us get nominated. Jack, three stories for today's show. What do we got in the tea, boy? For our first story. Tesla is officially the worst stock in the S&P 500 this year and a record number of Tesla owners are trading in their cars. But we think we found the Tesla solution and it's not changing the CEO.
For our second story, the Boston Celtics sold for a record price for any North American sports franchise. We found one huge problem in the fine print. A flagrant problem. And our third and final story. Gucci, H&M, and Ralph Lauren. Every fashion brand is launching a coffee chain. Jack, why are clothing companies getting into coffee these days? Because of our favorite rule about sales.
Never be selling. But yetis, before we hit that wonderful mix of stories. Fantastic mix of stories for a Monday, Jack. Wait, one sec, I'm checking the calendars here. Happy one month birthday to your new baby boy, man. Thank you. Oakley was born one month and one day ago. Now, Jack, in honor of your baby's one month birthday, I happen to have prepared a poem for him. You haven't.
Oh yeah, it's a financial poem, all right? I can't wait. All right, here we go. Here we go. Jack, your son has arrived. He's a shining little beauty, but can we talk financial planning for this charming little cutie? Because in this economy, the price of school hit all time high is going to have to sell that Bitcoin when the college bills fly.
So I came up with the plan during your paternity vacation, a financial strategy. That's the ultimate solution. I spoke to three accountants and they say my plan's super fine. I'm hooking up your son with a 529. What? A 529 plan. It's an education strategy. It lets your money grow tax-free. Completely. As long as you spend it on a university or K-12 programs where tuition isn't free.
So you put your money in this fund, invest it in some stocks. For your son, I bought 10 shares of Crocs. So I won't pay capital gains if Kroc's stock price grows. That's the advantage of 529 portfolios. Wow. 529s, they don't pay federal or state taxes, as long as the proceeds go to qualified school expenses. So hopefully when he graduates, this thing is worth a milli.
If your kid don't get a 529, I'd probably just feel silly. Oh. Mic drop. Mic drop. That was insane, dude. Channeling some Kendrick on that. This boy's future is going to be built on a foundation of financial responsibility. Congratulations on the one month birthday. You and Alex are doing amazing, Jack. Thank you, Nick. I can't wait to play this for Oakley. That was frigging awesome.
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