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Wednesday, January 27, 2021

Musk Rails Against California’s ‘Ignorant’ Health Officials, Says He’s Moving Tesla’s HQ To Texas

Tesla CEO Elon Musk suggested Saturday that he is suing a California county after “unelected & ignorant” health officials spoiled his plans to reopen over coronavirus concerns. Musk criticized local California officials, saying that he is preparing to relocate to Texas or Nevada after Alameda County Public Health Department interim health officer Erica Pan said…

MSNBC’s Stephanie Ruhle Pushes Back After Elon Musk Calls Coronavirus Panic ‘Dumb’

March 08, 2020 9:39 PM ET Tech billionaire Elon Musk is getting some pushback after panning what the Tesla CEO considers the stupidity undergirding the panic surrounding the coronavirus. MSNBC’s Stephanie Ruhle called out the tech titan for telling his Twitter followers Friday night that the “coronavirus panic is dumb.” She told him in a…

Attention Tesla Bears: The Man Responsible For Your Suffering Is Now In Charge Of...

Remember this guy? His name is Ying Yong, and until Friday, he was the mayor of Shanghai, and in that capacity, presided over several important Beijing-approved experiments in capitalist market liberalization. One of those was recruiting (or rather, sheperding) Tesla to Shanghai in the middle of a trade war. In other words, Ying was the…

NTSB: Apple Engineer Killed in Tesla Crash Previously Complained About Autopilot

An Apple engineer who recently died in a crash of his Tesla Model X when it slammed into a concrete barrier had previously complained about Tesla’s “Autopilot” malfunctioning on that particular stretch of freeway, according to newly released NTSB documents. KQED reports that an Apple engineer was recently killed when his Tesla Model X vehicle…

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,…

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