I almost hate to utter these words, but when are the pension funds going to come after Tesla?
Their stock is down more than 25%, and we have reached the stage in the cycle when a lot of class action lawsuits start happening. For instance I know the Ironworkers are coming after a big chip company.
Tuesday, May 07, 2019
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More stuff you might be interested in....from Baen's Bar:
ReplyDeletehttps://twitter.com/realDonaldTrump/status/1126144398180388864
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GREAT NEWS FOR OHIO! Just spoke to Mary Barra, CEO of General Motors, who informed me that, subject to a UAW agreement etc., GM will be selling their beautiful Lordstown Plant to Workhorse, where they plan to build Electric Trucks. GM will also be spending $700,000,000 in Ohio...
...in 3 separate locations, creating another 450 jobs. I have been working nicely with GM to get this done. Thank you to Mary B, your GREAT Governor, and Senator Rob Portman. With all the car companies coming back, and much more, THE USA IS BOOMING!
https://www.trucks.com/2019/05/08/workhorse-electric-pickup-truck-what-we-learned-from-test-drive/
Sigh. This company is not profitable. I voted for Trump, but this move seems very Obamaesque.
ReplyDeleteIt's like this whole country has been Japanifised. No one really makes a profit anymore. I'm sick of it.
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Never said I never did anything for you.