Tesla: Please Help Fund Our Ludicrous Project!

Summary

Tesla possibly transitioning to 503(c)(3) organization by asking for $135K “donations” to fund its next project.
Being a charity might be a good fit as it continually needs cash and is already “tax exempt” in that it may never pay taxes.
The champion of sustainability has accelerated Ludicrous mode for those who can pay the price.
In a ludicrous twist, begging for orders probably confirms that the company will be going from 2.5 (billion) to zero (cash) more quickly than anyone anticipated.
Meanwhile…in the real world, Bosch, Mobileye, and Delphi are doing much more interesting things.

DNC Energy Platform Long on Commands, Short on Hope

The most important sentence on energy in the Democratic National Committee (DNC) platform document is the one it took out: this version of the platform no longer supports an “all-of-the-above” energy strategy.

Coal is out. Nuclear energy and hydropower aren’t even mentioned once in the platform. This version seeks to pick winners and losers in the energy space and remake the energy mix the way the DNC platform committee sees fit, regardless of what the market wants.

You know why that’s a bad idea? Because just about every time the government tries to pick winners and losers in the energy space, the government gets it wrong—like really, really wrong.

Source

Tesla quietly kills guarantee of Model S resale value

Tesla Motors Inc. quietly discontinued its resale value guarantee program as of July 1, the electric-car maker confirmed Wednesday. The program was “discontinued…so we can keep interest rates as low as possible” and offer “compelling” lease and loan programs to customers, a Tesla spokeswoman said. The program was available to those who financed their Model […]

Tesla (TSLA) Ends Car Buyback Program, Stock Falls

Tesla (TSLA) ended its resale value guarantee program as of July 1. NEW YORK (TheStreet) — Tesla Motors (TSLA) said it discontinued its resale value guarantee program that assured buyers cars would retain value over time, Reutersreports. Additionally, the Palo Alto, CA-based electric car maker lowered the starting price of its Model X crossover, which marks […]

SpaceX Attempted Monopoly

The most bitterly contested issue in Senate floor debate of the National Defense Authorization Act this year was whether the Department of Defense would be allowed to continue using Russian rocket engines to lift national-security satellites into orbit. The engines, called RD-180s, provide first-stage thrust for Atlas launch vehicles built by United Launch Alliance, a […]

Tesla Did Not Disclose Autopilot Death Before $2 Billion Stock Sale

Joshua Brown fatally crashed into a tractor trailer turning in front of his Tesla Model S on autopilot almost exactly two months ago, but we only found out about it on Thursday evening. That’s when Tesla first told the public about the crash, nearly two months after they sold $2 billion in stock. What’s surprising, […]

Tesla Shareholders Should Be Offended

Summary Company announced this weekend they did not meet sales or production estimates for Q2. Tesla decided to release this news in the middle of a 3-day holiday weekend, an insulting move to loyalists. Tesla claims it’s going to push 50,000 cars in the back end of this year. Tesla wonders why it has so […]

Stop Elon From Failing Again

THE ONE STOP DATABASE ON STOPPING ELON MUSK