Local billionaire Dan Friedkin has reportedly been in talks with the National Hockey League about a potential expansion to Houston.
Local billionaire Dan Friedkin has reportedly been in talks with the National Hockey League about a potential expansion to Houston.
Pentagon Set Up Briefing for Musk on Potential War With China
The access would be a major expansion of Elon Musk’s govt role & highlight his conflicts of interest.
https://www.nytimes.com/2025/03/20/us/politics/musk-pentagon-briefing-china-war-plan.html?unlocked_article_code=1.5k4.bz3w.1b2kvAcmfE90&smid=nytcore-ios-share&referringSource=articleShare
"Musk’s #conflicts of interest... continuing to run businesses that are major #government contractors... #Musk... chief executive of both #SpaceX & #Tesla, is a leading supplier to the #Pentagon & has extensive financial interests in #China."
Elon Musk’s extensive ties to China, explained
His business empire needs the Chinese #government — and that could warp #American policy.
https://www.vox.com/world-politics/404621/elon-musk-china-tesla-trump
"China is vital to Musk’s car company #Tesla...
As the #US & #China appear to be hurtling headlong into a #trade war... Musk’s ties to China — and the potential leverage they could offer #Beijing in future negotiations — are getting more notice in both countries."
From bumper stickers to boycotts, how Tesla owners are distancing themselves from Elon Musk
Many Tesla owners who were once proud to own the electric vehicle are reportedly now embarrassed to be associated with the brand as public furor against the company and its CEO, billionaire Elon Musk, gains momentum.
#business #electricvehicle #boycott #News
https://www.cbc.ca/news/business/tesla-elon-musk-car-owners-1.7489099?cmp=rss
Tesla confirms it can’t sell the Cybertruck even with tax credit and discounts
https://electrek.co/2025/03/20/tesla-confirms-it-cant-sell-the-cybertruck-even-with-tax-credit-and-discounts/
"If deliveries are dropping even with those new incentives, it’s a clear sign that the #Cybertruck program is in distress...
#Tesla set up production at Gigafactory #Texas to be capable of 250,000 units per year... and it is now having issues selling the truck at a rate of 40,000 units per year."
From bumper stickers to boycotts, how Tesla owners are distancing themselves from Elon Musk
Many Tesla owners who were once proud to own the electric vehicle are reportedly now embarrassed to be associated with the brand as public furor against the company and its CEO, billionaire Elon Musk, gains momentum.
#business #electricvehicle #boycott #News
https://www.cbc.ca/news/business/tesla-elon-musk-car-owners-1.7489099?cmp=rss
From bumper stickers to boycotts, how Tesla owners are distancing themselves from Elon Musk
Many Tesla owners who were once proud to own the electric vehicle are reportedly now embarrassed to be associated with the brand as public furor against the company and its CEO, billionaire Elon Musk, gains momentum.
#business #electricvehicle #boycott #News
https://www.cbc.ca/news/business/tesla-elon-musk-car-owners-1.7489099?cmp=rss
From bumper stickers to boycotts, how Tesla owners are distancing themselves from Elon Musk
Many Tesla owners who were once proud to own the electric vehicle are reportedly now embarrassed to be associated with the brand as public furor against the company and its CEO, billionaire Elon Musk, gains momentum.
#business #electricvehicle #boycott #News
https://www.cbc.ca/news/business/tesla-elon-musk-car-owners-1.7489099?cmp=rss
Japan and China are set to hold their first economic dialogue in six years on Saturday, an event aimed at reducing tensions as the Asian giants face trade pressure from the United States. https://www.japantimes.co.jp/business/2025/03/21/japan-china-economic-talks/?utm_medium=Social&utm_source=mastodon #business #chinajapanrelations #china #trade #tariffs #us #southkorea #globaleconomy
Hon Hai Precision Industry has secured an agreement to make Mitsubishi Motors electric vehicles, scoring the first major customer for its fledging EV contract manufacturing business. https://www.japantimes.co.jp/business/2025/03/21/companies/hon-hai-mitsubishi-motors-ev/?utm_medium=Social&utm_source=mastodon #business #companies #mitsubishimotors #honhai #taiwan #electricvehicles #taiwan
U.S. President Donald Trump's fast-moving effort to rewire international trade has left central banks across the globe guessing what the fallout of stagflation in the U.S. might mean for them. https://www.japantimes.co.jp/business/2025/03/21/economy/trump-trade-foreign-banks-uncertainty/?utm_medium=Social&utm_source=mastodon #business #economy #us #globaleconomy #donaldtrump #trade #tariffs #banks
Elon Musk’s X raises $1bn in new equity fundraising round
#SocialMedia group is valued at $44bn, matching the price the billionaire paid in 2022
https://www.ft.com/content/d61eed58-65ef-4fea-978a-b0915fc740f4
"The fundraising, which values X at $44bn incl #debt, comes as #Musk has forged close ties to #DonaldTrump...
Shares in #Tesla, the electric automaker co-founded by Musk, have tumbled recently as some consumers have shunned the brand, but parts of his private empire have been boosted."
20-year-old notes on the death of the Internet.
$1.4bn is a lot to fall through the cracks, even for Tesla
https://archive.is/uLXoy#selection-3271.0-3271.197
"attention is returning to the group’s underlying numbers, now that its fully diluted #StockMarket valuation has crashed from $1.7tn to below $800bn.
Such anomalies can be red flags, potentially indicative of weak internal controls. Aggressive classification of operating expenses as investment can be used to artificially boost reported profits."
Tesla (TSLA) accounting raises red flags as report shows $1.4 billion missing
https://electrek.co/2025/03/19/tesla-tsla-accounting-raises-red-flags-as-report-shows-1-4-billion-missing/
"Many #Tesla shorts and detractors have questioned Tesla’s #accounting for years...
Today, the #FinancialTimes has released a new report pointing to a $1.4 billion gap in assets...
The report also points to other red flags...
but with #Trump and #Musk kneecapping the #SEC, repercussions are unlikely."
Tesla Recalls Every Single Cybertruck Over Stainless Steel Trims Falling Off
151 Cybertruck owners filed warranty claims after noticing the roof trim panel above the windows was coming loose
https://www.carscoops.com/2025/03/tesla-recalls-every-single-cybertruck-over-stainless-steel-trims-falling-off/
"If there’s one thing #Cybertruck owners can rely on these days, it’s trim pieces falling off and obscene hand gestures from fellow drivers."
The Tesla Backlash Is Biblical
https://www.youtube.com/watch?v=k9kmK0St9Jg
“In the past 3 months something of a car crash happened. #Tesla stock almost inexplicably dropped 50% since December 12th. Fifty percent in 3 months! Below where it was before the #election. Now this number is hard to wrap your head around, but Tesla's #market cap loss its valuation lost in this short period is equivalent to $800 billion."
It should be noted that with the exception of inappropriate uses - see my previous toot - the only evidence I have seen so far of AI playing a role in business & society is the number of people, companies & organizations offering courses in the role of AI in business & society...
The EU defied U.S. threats of retaliation Wednesday by accusing Google of violating its digital rules — which could trigger hefty fines — and ordering Apple to make its iPhone interact better with rivals' devices. https://www.japantimes.co.jp/business/2025/03/20/tech/europe-google-apple-digital-rules/?utm_medium=Social&utm_source=mastodon #business #tech #eu #google #apple #us #donaldtrump
Amtrak CEO steps down as Musk insists ‘sad’ rail service needs to be privatized
https://www.independent.co.uk/news/world/americas/us-politics/amtrak-ceo-steps-down-musk-privatization-b2718279.html
"Amtrak, also known as the National #Railroad Passenger Corporation, is the national passenger #rail service for the #US It is nationally chartered, meaning the federal #government is the majority stockholder...
#Musk called for Amtrak to be privatized, alongside the US Postal Service, earlier this month."