General Motors is proof that slashing wages isn’t the ticket to profitability
German and Japanese auto manufacturers succeed despite sticking to a high-wage model.
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Browsing Tag
cars
The credit cycle is now turning down. Here’s the evidence and the vulnerability
I started this post six days ago. But, I couldn't get it sorted because of the holiday and my need to start the blog site up again. That blog site thing and some maintenance issues at home were a real time suck. So let me give you an…
The SEC’s Tesla solution mimics my own but there is work to be done
When I last wrote about Tesla, I ended this way:
It’s clear to me that Elon Musk is not focused. He’s erratic and impulsive. Those are not the traits you need in a Chairman and CEO, when you have a cash crunch staring you in the face just…
The Internet: cutting out the middleman and creating platforms for regulatory arbitrage
This is today's daily post. It's going to be all about technology. To start, I want to focus in on a theme: the deflationary impact of the Internet. Since I have a lot of ideas here, I may make this into a thematic post later.
1 Big Thing:…
Tesla is on the wrong path. Musk needs to go to save the company.
Why is Tesla CEO Elon Musk smoking marijuana in public and sipping whiskey while taping a podcast? Sure, it's legal in California. But it's not a good look. And it makes Azealia Banks' claims look credible that Musk was tweeting the "taking…
The hidden message in Tesla’s earnings call
Investors loved Tesla's earnings report. But there was a hidden message in the earnings call about Tesla's future.
Uranium: A More Compelling Case for National Security
The Trump Administration has launched an investigation into auto imports on national security grounds. But trade in uranium may be closest to what reasonable people might think as a national security issue.
Tesla is back looking for money, this time to fuel an Asian expansion
Tesla is a completely speculative, junk-rated venture. Investors in the company are betting on Elon Musk's celebrity as a forward-thinker, hoping he can ramp up production and achieve significant economies of scale
Italy means risk-off yes, but contagion will remain limited
For now, think of Italy as a short-term risk-off trigger that has limited longer-term impact. To me, this presents a buying opportunity.
Are we in the midst of another global growth slowdown?
We should expect the Fed's tightening to continue. But a lot of the recent incoming data has been soft. And while this may just be a blip, I expect the curve to flatten further by mid-year.