Silver as an investment

Category Archives: Nationality

Meet Billionaire Kevin Plank: Maryland’s Corporate Welfare King

Via StockBoardAsset.com, A corporate cronyism scandal could be brewing out of Baltimore, Maryland this month involving Billionaire Kevin Plank (CEO of Under Armour). What is alleged per The Baltimore Post are Baltimore County Council members  supporting a ‘conditional grant in an amount up to  $ 2,000,000 to Under Armour, inc from the Maryland Department of Commerce pursuant […]

Zero-Emission Vehicle Credits: The One ‘Product’ That Tesla Actually Earns A Profit On

As we pointed out last week when Tesla reported its Q2 earnings, making products that actually generate a return on capital for shareholders isn’t a strong suit of the Silicon Valley powerhouse.  In fact, Elon Musk managed to burn through a record $1.2 billion of cash in Q2 alone, or roughly $13 million dollars every […]

Tesla Ignores Q2 Record Cash Burn And Slashes Its Model X And Model S Prices

So what do you do when you’ve just burned through a record $1.2 billion of cash in one quarter, expect to burn an additional $2 billion in capex in the second half of the year and haven’t a prayer of generating positive earnings at any point in the near future?  Well, you slash your product […]

Tesla Burns A Record $13 Million Per Day In Q2… And It’s About To Get Worse

One month after Tesla stock tumbled when the electric car maker announced that it had missed Wall Street estimates for the second quarter, delivering only 22,000 vehicles instead of the 22,912 expected, moments ago Tesla reported adjusted, non-GAAP Q2 earnings which beat expectations, with an adjusted loss of $1.33, better than the -$1.88 expected, which […]

Hungary’s Orban: EU And “Soros Mafia Network” Are Seeking To “Muslimize Europe”

The war of words between Hungary’s outspoken prime minister Viktor Orban and liberal billionaire George Soros escalated to previously unseen levels on Saturday, when the Hungarian PM said that European Union leaders and Soros are seeking a “new, mixed, Muslimized Europe,” however during a visit to Romania, Orban said that Hungary’s border fences, supported by […]

Government “Flabbergasted” After Elon Musk’s Most Bizarre Claim Yet

Elon Musk set the interwebs ablaze this morning when he tweeted out that he somehow got every major city on the eastern seaboard to “verbally approve” a “NY-Phil-Balt-DC Hyperloop” to be built by his Boring Company. “Just received verbal govt approval for The Boring Company to build an underground NY-Phil-Balt-DC Hyperloop. NY-DC in 29 mins.” […]

Elon Musk Unveils Apocalyptic Vision For The World

Elon Musk is no stranger to futurecasting a foreboding dystopia ahead for mankind, as we noted recently. But during a  speech he gave today at the National Governors Association Summer Meeting in Rhode Island, Musk turned up the future-fearmongery amplifier to '11'. As a reminder, in the past, when he was asked about whether humans […]

Guess How Many Tesla Vehicles Were Registered In April In Hong Kong?

And the hits just keep on coming for Elon Musk. After a tax incentive for electric cars was slashed in Hong Kong, new registrations of Teslas vehicles dropped from 2,939 to zero… Hong Kong, though relatively small, is a significant outpost of luxury car buyers and trend setters. Its government had long waived its vehicle […]

Tesla Registrations Plunge 24% In California, Its Largest Market

After a week full of abysmal news for Tesla, which some have said is rapidly becoming the new Uber on the bad-to-worse news front, the weekend couldn’t come fast enough for Elon Musk who by now is begging for the simple company of “a little red wine, vintage record and some Ambien.” A little red […]

Angry Observer Asks “How Is Elon Musk Still Tesla’s CEO?”

Originally published on DailyKanban.com, Under Elon Musk’s leadership Tesla’s Model X arrived two years late and subjected the company to six months of self described production hell, only to tie for last place in Consumer Reports’ luxury SUV ratings with a score of 59/100 (Nov 2016). Delays for the falcon winged albatross will allow the […]