Tom Metcalf has the scoop at Bloomberg: The Uber Technologies Inc. co-founder unloaded $350 million more of stock this month, bringing his proceeds to more than $2.1 billion since a share lockup ended Nov. 6. Bloomberg You read that right –– retail bagholders have now paid the Uber founder $2.1 billion in cash for his share of the world’s […]
After reporting that congress was likely to extend the tax credit for new electric vehicles, we’ve reviewed the text of one draft bill that may be in consideration. Now, it’s important to note a few things: We don’t know that this draft bill that was introduced in the house is what’s going to make it […]
Interesting story over at MarketWatch: Tesla TSLA, -0.36% , General Motors GM, -1.25% and other players in the electric-vehicles sector have a role in the scramble around a possible tax package with so-called “tax extenders,” as they could score an expansion for a key EV credit. MarketWatch Ohhhh helllloooooo! Thanks to bipartisan, broad-based support, we believe the EV tax-credit extension is […]
I won’t spoil it for you. Here’s what he had to say:
Gabrielle Coppola brings us a new story with a great headline as she reports that Mercedes has delayed the EQC electric SUV for 1 year, until late 2021: Mercedes-Benz is putting off the U.S. debut of its first electric vehicle by a year in the latest sign of just how difficult a time automakers are […]
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 […]
