What is Musk going to do?!
After "taking down" Twitter, Musk targeted Coca-Cola again?
According to reports, following Twitter's announcement on April 25 that it had reached an acquisition agreement with Tesla CEO Elon Musk, Musk suspected of locking in a "new target" on Twitter on the 28th - the acquisition of US consumer goods giant Coca-Cola.
In addition, there is also a netizen PTu Musk's tweet, saying that he will buy McDonald's and repair all the ice cream machines. (Note: In the United States, "McDonald's ice cream machine that can never be repaired" has become the object of late-night talk shows and TikTok's daily ridicule), and Musk quoted this picture, with the caption, "I can't do miracles."
Musk tweeted "To buy Coca-Cola"
At 8:56 Beijing time on the 28th, Musk tweeted, "Next I want to acquire Coca-Cola and add cocaine back in." As soon as the tweet was posted, it caused heated discussion among netizens. Currently, Musk has more than 86 million followers on Twitter.
Image source: Network
According to a popular science article in 2016 on the official WeChat platform of the Office of the National Narcotics Control Commission, Coca-Cola's original product contained the drug cocaine.
The timeline shows that in 1860, doctors extracted cocaine from coca leaf and used it as a medical anesthetic; in 1884, Freud recommended the use of cocaine as an alternative to alcohol and morphine addiction; in 1886, Coca-Cola containing trace amounts of cocaine was introduced, and in 1906, the formula was ruled out; in 1914, the United States declared cocaine banned.
The Office of the National Narcotics Control Commission introduced in the above article that coca is a plant that grows mainly in South America. As early as the 16th century, Spanish explorers noticed that the South American natives refreshed themselves by chewing the leaves of coca plants. Cocaine, also known as cocaine, is a white powder extracted from coca leaves that makes smokers feel excited and agitated. At the same time, cocaine has a damaging effect on the digestive system, immune system, cardiovascular system and genitourinary system, especially as a dose-dependent hepatoxin, which can lead to hepatocyte necrosis.
Coca-Cola is "much more expensive" than Twitter
For Musk, buying Coca-Cola is more difficult than buying Twitter.
First of all, Coca-Cola is much more expensive than Twitter, as of the close of trading on April 27, local time, Coca-Cola shares at $65.56 / share, up 0.78%, the latest market value of $283.94 billion, while Musk is currently worth about $260 billion.
Image source: Network
Moreover, the "stock god" Warren Buffett has a rather "long-term affection" for The Coca-Cola Company, and has been firmly holding on to Buffett since he bought it in 1988. As of the end of last year, Warren Buffett's company, Berkshire Hathaway, held a 9.23 percent stake in The Coca-Cola Company.
In addition, Coca-Cola is currently in good business condition, and its stock price is even more upstream, hitting a record high, and it has outperformed the S&P 500 index this year.
On April 26, Coca-Cola announced its first quarter 2022 financial report. During the reporting period, Coca-Cola achieved net revenue of $10,491 million, an increase of 16% year-on-year; net income of $2,793 million, an increase of 24% year-on-year; and earnings per share of $0.64, an increase of 23% year-on-year.
John Murphy, Chief Financial Officer of The Coca-Cola Company, said: "This is a good start, but the overall environment is still challenging due to higher costs and labor costs. The Company expects earnings per share in comparable currencies to grow by 8% to 10% under non-GAAP.
James Quincey, chairman and CEO of Coca-Cola, said he was pleased with the results for the first quarter. "Our company executes effectively in a highly dynamic and uncertain operating environment, and we are confident in our guidance throughout the year. We have the ability to win in all types of environments because Coca-Cola has strong revenue momentum and creates value for our stakeholders. ”
According to reports, Coca-Cola attributed the performance growth in the first quarter of this year to "a 7% increase in price /product mix" and "an 11% increase in centralized sales". In addition, during the reporting period, Coca-Cola's global single-box sales increased by 8% year-on-year, and single-box sales in the Asia-Pacific market increased by 4% year-on-year. Among them, the global single-carton sales of nutritional drinks, juices, dairy products and plant-based beverages achieved a 12% increase, which was mainly driven by the growth of the Chinese market such as meijuyuan fruit oranges.
Some insiders also expressed the view that a large part of Coca-Cola's strong sales are due to price increases. In the first quarter of 2022, the Coca-Cola price mix rose by 7% globally and 11% in North America, respectively. By raising prices, Coca-Cola passed on the increased costs to consumers, offsetting the effects of rising inflation, all of which helped boost profits.
Disclaimer: The article synthesizes the surging news, the world network, every app, etc., some of the pictures originate from the network, only for industry learning, communication, not commercial, if there is infringement, please contact to delete.
— END —
Welcome to follow, like, forward
What are your thoughts on this? Welcome to leave a message at the end of the article to share