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Monday, February 17, 2020

Report: Las Vegas Left in the Dark on Elon Musk’s Boring Company Tunnel Project

A recent article in the Las Vegas Review-Journal calls for Elon Musk’s Boring Company to provide more information on the $52.5 million tunnel its been constructing under the Las Vegas Convention Center. Up to this point, the public has been given very little information about the project, and sources will only talk to the Review-Journal off the…

As Rich Dump To The Poor, Tesla Daytrading Millennials Dream Of Untold Riches

If you have found yourself recently wondering what stage of this record-long, Fed-induced bull market we are in, here is the answer: the "dump to the masses" stage. Indeed, we are in that delightful time where the hype surrounding the stock market, as evidenced by such totally normal moves as cash furnace Tesla doubling in just…

Tesla Shares Crash 21% – The Biggest Daily Drop On Record

Update (1320ET): TSLA shares are down a stunning 21% intraday, the biggest daily drop in the company's history... That is down 27% from yesterday's record highs... And Millennials are wondering... *  *  * Update (1015ET): Tesla crashes into a bear market on Wednesday morning, down 21.57% from tagging the 968-handle on Tuesday. It appears Steve Eisman…

Tesla Surpasses Netflix, Becomes World’s Most Valuable “Junk” Company

Update (1135ET): Thanks to the parabolic melt-up in Tesla's share price, its market capitalization has now surpassed that of Netflix... Making Tesla the most-valuable, junk-rated company in the world. We do note, however, that TSLA's bonds still trade dramatically cheap relative to NFLX's bonds... *  *  * Update (1035ET): While TSLA remains up over 10%,…

Trump Says Tesla Must Build “Very Big” US Plant, Warns He’s “So Disappointed” In...

Continuing his Davos media blitz, President Trump sat down for a lengthy, wide-ranging interview with CNBC host Joe Kernen where he discussed the impeachment hoax, his underappreciated economic successes, the successes and failures of Tesla and Boeing, and the American effort to suppress the spread of the mysterious new Chinese coronavirus. During the opening minutes…

Tesla Battery Reignites, Driver Killed, After Vehicle Crashed And “Burst Into Flames” During Weekend...

Update 1/20/2020: According to the Pleasanton Police Department's Facebook page on Sunday, after being cleared from the scene, the 2018 Tesla Model S battery reignited, prompting additional fire crews to be sent to contain the fire.  -- No sooner do we report that the NHTSA is considering a petition to investigate 500,000 Teslas for unintended acceleration,…

Feds Will Review Tesla ‘Sudden Unintended Acceleration’ Complaints

The National Highway Traffic Safety Administration (NHTSA) has announced plans to review a petition requesting that the administration investigate 500,000 Tesla vehicles over reports of sudden unintended acceleration, in which vehicles suddenly accelerate without human control — complainants often report their foot wasn’t even on the gas pedal when incidents occur. Reuters reports that the NHTSA announced on Friday…

Tesla Owners Are ‘Butt Dialing’ $4,000 Software Upgrades – and Having Refunds Refused

According to recent reports, Tesla owners are unintentionally purchasing software upgrades for their vehicles which range from $4,000 to almost $10,000. Despite the fact that the purchases were unintentional and compared by one Tesla owner to a “butt dial,” Elon Musk’s company initially refused to refund the purchases. Electrek reports that some Tesla owners are…

Elon Musk Dances for China, Promises ‘Super Cool’ Tesla Designed in Country

Tesla CEO Elon Musk recently stated during an event in Shanghai, China, that the electric car manufacturer plans to design its next vehicle in China for the global market, an idea Musk called “super cool.” Musk also drew attention at the event by showcasing his bizarre dance moves. CNBC reports that during an event in Shanghai,…

Beijing Tesla Customer Drops Off Bag Of Leeks For Salespeople Who Lied About Model...

All eyes last night were on Elon Musk's bizarre dance moves at Tesla's opening of its Chinese plant in Shanghai, where the CEO oversaw a ceremony that included handing over some of the first China-made Model 3s to customers.  He also showed off some dance moves that made Steve Ballmer and Bill Gates' dancing at…

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