Tesla

For the second week in a row the raw jobless claims data have fallen, as has the uptick in the rate of increase in Covid-19 infections and death. Meanwhile, some 2.4 million people have been vaccinated worldwide, a Brexit negotiation seems…

We have started an experiment at Real Vision on our Daily Briefing where we have guest commentators more often. Our usual European commentator, Roger Hirst, is out for two weeks. And so we thought it would be a good opportunity to mix…

The IPO market is hot As I wrote last night, IPO conditions right now seem nearly ideal for growth companies to come to market. The appetite for loss-making companies shows us that public investors are willing to overlook losses as long as…

Tesla On Thursday, I wrote that "Tesla has been forced to pony up for those converts. They now have $2.2 billion, $1.5 billion less than at the end of the last quarter. I think the need for more capital is a question of when, not if. But if…

After the Fed overtightened in 2018, it reversed course abruptly. And risk assets have cheered the Fed's volte face with a V-shaped surge to new highs. And, coincidentally (since Fed policy acts with a lag), the economic data have turned up…

Did I ever mention that the South China Morning Post is one of my favorite reads? You're going to see a lot of articles from it into today's daily post because it is a great source for information about China. And today, it had a few tech…

Today's daily is a grab bag of topics that I have been thinking about over the past week. I have a backlog of stories from earlier in the week I missed. So let me add these into the mix today. But first up today is this chart from German…

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…

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…

In the daily newsletter today, I mentioned that Uber's new strategy makes it a kind of anti-Tesla in that it's all about transportation rental and usage versus ownership. And I want to expand on that a little here. Uber's big plans Since…