I was going to write about EVs this morning, thanks to digging into the stats on the new Cadillac EV SUV. I still might later. But this news was breaking early, and as it strikes at the apex predator of the sector? I figured I’d check this out first. Elon Musk has seemingly been nimble […]
Reuters published an exclusive story today which says Tesla has decided to abandon plans for its “Model 2” EV and will instead focus on building robotaxis. Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter […]
Tesla’s sales numbers slumped in the first quarter of the year. The company’s sales numbers were down about 8 percent compared to last year. CEO Elon Musk’s electric car company reported it built 433,000 vehicles but delivered only 387,000. That’s down from the 484,507 cars it delivered in the final three months of 2023, and […]
Nobody seems to be able to figure out what Elon Musk is up to these days, at least in terms of his increasing involvement in the world of American politics. This is probably a situation that Musk is fine with and potentially enjoys. But that doesn’t stop people from playing a guessing game. In the […]
After a judge moved to strip Elon Musk of $55 billion dollars in compensation from Tesla, he went online and advised business owners to not incorporate in Delaware. He suggested they consider incorporating in either Texas or Nevada. Now, barely two weeks later, the world’s richest man has decided to take his own advice. Musk […]
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The world’s richest man had a bad day in court this week. A judge in Delaware ruled that Elon Musk is ineligible to receive a compensation package from Tesla worth an estimated $55 billion. This is a case that has dragged out for five years and the merits of the arguments coming from both sides […]
Just a few months ago, Hertz committed to making electric vehicles a quarter of its rental fleet. They had already announced an intent to partner with Tesla as a major provider for their future fleet, which had pushed Tesla’s value even higher. Supposedly, the scale of the demand and usage would lower costs across the […]
Are you a MAKER or a TAKER? Politicians are often takers. They take our money (and freedom) in the name of achieving goals they rarely achieve. Elon Musk and Sen. Elizabeth Warren may be the best examples of maker and taker. They’re the stars of my video this week. Warren shouts, “Tax the rich!” She […]
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