Under what the countries call “phase one” of the agreement, the U.S. would cancel plans to impose new tariffs on $156 billion in annual imports of cellphones, toys and other products on Sunday and would also reduce the tariff rate on a previous tranche of roughly $120 billion of goods to 7.5%, down from 15%, […]
Oil has traditionally been the most profitable business in the world, and Saudi Aramco is the king of profitable oil companies with a production cost of just $2 a barrel. Remember when we were talking about falling commodity prices earlier? Yeah, that doesn’t really matter when your production costs are the best in the world. […]
Christopher M. Matthews and Rebecca Elliott have a great report out on the news from Chevron yesterday: Chevron Corp. is writing down the value of its assets by more than $10 billion, a concession that in an age of abundant oil and gas some of its holdings won’t be profitable anytime soon. The Wall Street Journal Chevron […]
Tesla fan and designer Viv has a new video out about Tesla Corsa: Wanna race? Tesla Corsa is *the* opportunity to explore the limits of your @Tesla in a controlled environment — ensuring maximum fun, safety & absence of speeding tickets. Next session December 22 @ Buttonwillow Raceway 🏎 Massive shoutout to @Sofiaan 💥 @elonmusk […]
Lawrence Fossi, a Tesla short seller who writes under the name “Montana Skeptic is back: It has been a while since I took a hiatus from Seeking Alpha, for reasons much discussed at the time. Montana Skeptic, Seeking Alpha For those who missed this saga, Fossi decided to stop writing on Twitter and Seeking Alpha […]
Cramer has a new article out on his website The Street explaining why he’s become a Tesla bull. Here are some choice quotes: No one, though, is more charismatic than Elon Musk. No one. He’s about, as they say in law school and nowhere else, about as sui generis as you can get. He’s a […]
Maye Musk, international supermodel and mother of Tosca, Kimball, and Elon Musk has a new book, and you can pre-order it now. You might know a little bit about Maye, or follow her on Twitter, but how much do you know about her life story? In “A Woman Makes a Plan”, Maye goes in depth […]
A famous Tesla short seller made a big bet: Tesla stock would be under $200 by January 2020. He purchased a large number of January 2020 $200 puts — contracts that allow him to sell shares of Tesla for $200 until January 2020. If Tesla shares were priced at around $100, he could make a […]
The image above is from Jalopnik, who gave the story this headline: The Porsche Taycan Turbo’s EPA Range Of 201 Miles Is So Bad Porsche Requested An Independent Test Jalopnik Yes, you read that right. The car that was supposed to get 300 miles of range is struggling to barely slip by the 200-mile mark. […]
With the launch of Premium Connectivity coming in 2020, it looks like Tesla is making sure that subscribers get their money’s worth. Tesla hacker @greentheonly has discovered some image assets that hint at several new video services coming to the Tesla Entertainment Center: From the file system, it appears the OS contains image assets for […]
