Tesla’s Gigafactory in Nevada is expected to be the largest building in the world by footprint once completed. CNBC.com’s Uptin Saiidi gets a rare look inside what Tesla founder Elon Musk calls, ‘the machine that builds the machine.’ CNBC International video above published May 2, 2019.
Tech Review (TR 2019-05-04)--Domain Mondo's weekly review of tech investing news: Features • 1)Tesla $TSLA Going To $4,000? Ark Invest's Cathie Wood, 2) Global Data Creation To Explode, 3)Investing: The Week & Investor Notes,4)ICYMI Tech News: Amazon Freight, Alphabet & Google, Microsoft, 5G, WeWork, Google vs Oracle, China's Bike Unicorns Go Bust, New Physics. 1)Tesla $TSLA Going To $4,000? Ark Invest's Cathie Wood
CNBC.com video above published Apr 29, 2019. Tesla stock price: NASDAQ: TSLA.See also: Tesla Announces $2 Billion Stock, Bond Offering--zerohedge.com
Finally, after discovering that $TSLA has collected 10 billion miles of driving data, compared to $GOOG’s 15 million miles, well what more is there to say about an AI project?
Big Ideas 2019: Introduction from CEO/ CIO Cathie Wood | ARK Invest
ARK Invest video above published Mar 4, 2019: DNA Sequencing, Robotics, Energy Storage, Artificial Intelligence, Blockchain Tech. The full Big Ideas 2019 video here.
Saturday, May 4, Annual Meeting, Doors Open 7:00am; Company movie 8:30am; Q&A 9:15am – 3:30pm; business meeting 3:45 – 4:30pm (approximation)
Chairman and CEO Warren Buffett and his right-hand man Charlie Munger share their unscripted views on the company, the markets, the economy, corporate governance, and more. LIVE video on Yahoo Finance. Note also berkshirehathaway.comandBuffett says Berkshire Hathaway has invested in Amazon.com, Inc., according to a report at CNBC.com.
The Decline Of India?--zerohedge.com: Every party is operating on a single economic policy: Who will offer the most goodies if elected.
4)ICYMI Tech News:
Amazon's digital freight brokerage platform goes live--freight.amazon.com. See also A "Nightmare Come True"--Amazon Launches Freight Brokerage, Slashes Prices By 30%--zerohedge.com.
Alphabet (Google) loses $80 billion in market cap after revenue miss (video)--Q1 2019 results raise “more questions than answers”, with continued lack of transparency “troubling” to investors.
Microsoft is a BUY say '2 asset pricing anomalies'--seekingalpha.com.
5G: the future of 5G wireless technology holds the promise of total connectivity, but also will be susceptible to cyberattacks and surveillance--newyorker.com.
WeWork a/k/a the "We Company" IPO? "A person close to the company reportedly told Axios.com that it could become the second most-shorted stock, behind Tesla."
US Supreme Court asks DOJ to weigh in on Google-Oracle case--TheHill.com
China: How the boom in unicorn bike-share companies like Ofo and Mobike was quickly followed by a bust, wiping out many investors and littering towns with unused bikes.
The universe is expanding faster than we thought, and no one knows why--explaining the discrepancy between what was happening 13 billion years ago and now "may require new physics"--cnet.com.
Personal Tech: Mobile switch: "How I canceled Verizon and cut my phone bill in half"..."After I made the last payment on a two-year Verizon device contract, I decided to take a closer look at my mobile bill. To my surprise, I discovered I was overpaying dramatically."Editor's note: in the U.S. there are "low switching costs" in changing mobile wireless carriers, thanks to government regulation. Also note: new Google smartphones Pixel 3a (5.6-inch display), and 3a XL (6-inch display) rumored to launch May 7 (Google I/O?).. Both will have 4GB of memory, a Snapdragon 670 processor, a 12-megapixel rear camera, an 8-megapixel selfie camera, and 64GB of storage. Pricing is also rumored to start at $500 for the smaller of the two phones which is still too high, in my opinion, but do the phones have NFC and band 71? If the answer is "No," the phones are a non-starter for me.
Rivian Makes Electric Pickups, and Is Coming for Tesla
Startup Rivian also plans a SUV. Fortune.com video above published Feb 11, 2019. See also:
Feb 15, 2019:Rivian announces a $700 million round of funding led by Amazon. Rivian, a Michigan-based electric vehicle startup, plans to launch an electric pickup and electric SUV in the U.S. in 2020--cnbc.com.
Upstart Rivian Could Be a Tesla Disrupter in SUVs and Pickups--bloomberg.com.
Tesla Faces 'Serious Competition' From a Detroit Startup, According to Morgan Stanley--fortune.com.
This Is Rivian
"To build the world’s first Electric Adventure Vehicles, we had to build a new kind of car company. This is our story." Rivian video above first published Nov 30, 2018
Rivian is a US-based startup automaker and automotive technology company founded in 2009. The company develops vehicles, products and services related to sustainable transportation, and has facilities in Plymouth, Michigan; San Jose, California; Irvine, California, Normal, Illinois, and the United Kingdom. #ElectricAdventure
The Clean Escape
"Let the #ElectricAdventure begin! Introducing the world’s first Electric Adventure Vehicle, the Rivian R1T truck. Visit our website for all the juicy details: products.rivian.com." See also Ford F150 vs Rivian R1T: How do they stack up? (video). Tweets by Rivian
"The BlackRock GPS signals that G7 growth remains solid and above-trend. The gap between the GPS and consensus expectations has widened slightly over the past month, suggesting that scope for upside growth surprises remains in coming quarters, particularly in the US"--Blackrock.com. Tweets by RickRieder
Tech Review (TR 2018-09-01)--Domain Mondo's weekly review of tech investing news with commentary, analysis and opinion: Features • 1)Tesla $TSLA And Elon Musk's Wild August Ride (video), 2) Twitter CEO Jack Dorsey in DC Sep 5, 3)Investing: The Week, Investing Notes: Stocks, Brexit, Trade, China, News: Signal or Noise?4)ICYMI Tech News: Google, Amazon, Facebook, AI, Paypal.
Tesla$TSLA: "After considering all of these factors, I met with Tesla’s Board of Directors yesterday and let them know that I believe the better path is for Tesla to remain public. The Board indicated that they agree."--Elon Musk writing ontesla.com (Aug 24, 2018). Look on the brightside--"According to ARK Invest’s research, Tesla should be valued somewhere between $700 and $4,000 per share in five years. Taking Tesla private today at $420 per share would undervalue it greatly, depriving many investors of the opportunity to participate in its success. In our view, given the right investment time horizon, TSLA is a deep value stock today"--ark-invest.com. On the other hand: "The corporate-governance disaster that is Tesla continues--Jim Chanos.
Tesla And Elon Musk's Wild August Recapped
Tesla and its headline-stealing CEO Elon Musk had a wild August. Here's how the drama played out on CNBC: the month began with the electric car company reporting second-quarter earnings and Musk apologizing for some recent ill-advised outbursts. But a week later, the Tesla and SpaceX founder took to the social media platform to announce that he wanted to take the company private. It set off a media firestorm that consumed the business news cycle for weeks. But near the end of August, Musk had reversed his position on going private. CNBC.com video above published Aug 30, 2018.
2) Twitter CEO Jack Dorsey: House Energy & Commerce Committee Hearing Sept 5
House Energy and Commerce Committee Chairman Greg Walden (R-OR) announced that Twitter CEO Jack Dorsey will testify before the committee the afternoon of Wednesday, September 5, 2018, regarding Twitter’s algorithms and content monitoring--energycommerce.house.gov. 3) Investing
The Week:NASDAQ Composite+2.26% | S&P 500 Index+0.93% | DJIA+0.68% The month of August was positive: S&P 500 posted a +3% monthly rise, the Dow advanced +2.2% and the NASDAQ +5.7%.
The biggest winners in the stock market’s hottest sector in August--Technology has led the way, with AMD, Autodesk and Nvidia among the high-fliers--Marketwatch.com.
Wall Street's Charging Bull
Investing Notes:
'U.S. Consumer Confidence Surged in August to Near 18-Year High; Conference Board index climbed to 133.4 this month from 127.9 in July.' From WSJ: https://t.co/RjsexlqHlT
Reality Check--No-Deal Brexit a/k/a Hard Brexit--UK Prime Minister Theresa May agrees that a no-deal Brexit'wouldn't be the end of the world' ...the UK would continue trading--sky.com.
Malaysia PM confirms cancellation of $20 billion Chinese infrastructure projects--chinaeconomicreview.com.
News: Signal or Noise? You're On Your Own:"today forty percent of the public believe the “[New York] Times” is biased and evil. And forty percent believe the same about “The Wall Street Journal.” There is no paper of record in the public’s mind. And only a few million people are paying attention to either of these outlets. Youngsters don’t read the newspaper, whether it be physical or virtual, they get their news on the fly, from multiple sources, where it originated does not matter ... Same deal for TV news. Most people don’t see it, check the ratings, they’re miniscule."--Lefsetz.com.
If You Want to Survive this Electionwith Your Mental Health Intact, Turn Off the "News" and Social Media Now--charleshughsmith.blogspot.com.
“To be completely cured of newspapers, spend a year reading the previous week’s newspapers.”--Nassim Taleb
Apple $AAPL: Banking on iPhone X: Apple's new phones are the razors, services are the blades--zdnet.com.
Alphabet$GOOGL$GOOG: Google is facing obstacles in its efforts to establish a presence in China in search, smartphones, autonomous cars, and more--NYTimes.com. Editor's note: anyone surprised?
Worth another retweet. Hope Dan Neil returns to Twitter. He left due to relentless attacks from short-sellers, who constantly peddle fear, uncertainty & doubt about Tesla. Dan won the Pulitzer & is considered by many to be the best car critic in the world. https://t.co/txW3DDJpth
Can Elon Musk make Tesla into a real car company? Featured in the July 16, 2018 issue of Bloomberg Businessweek.
See also: Tesla Shorts Are Scared, Exposed, & Desperate — Memo To Media: Don’t Be Duped--CleanTechnica.com.
We tried out a new delivery system using an enclosed trailer straight from factory to owner’s home, so super convenient & car arrives in pristine condition without wasting plastic wrap https://t.co/exNyhb0zOT
Tech Review (TR 2018-06-09)--Domain Mondo's weekly review of tech news with commentary, analysis and opinion: Features • 1)Elon Musk Sticking To His Guns On Tesla Targets, 2) Digital Ad Spend Finally Passed TV Ad Spend in 2017, 3)Investing: The Week, Investing Notes, 4) ICYMI Tech News.
1) Elon Musk Sticking To His Guns On Tesla Targets
Financial Times (ft.com) video above published Jun 6, 2018: CEO and co-founder of Tesla (domain: tesla.com), Elon Musk, said at the Tesla annual shareholder meeting on June 5, he will be able to stick to his goal of producing 5,000 Model 3 cars a week before the end of June and be cash-flow positive by the end of 2018.
Worldwide digital ad spend finally beat TV in 2017, with digital ad spend reaching $209 billion worldwide while TV ad spend stood at $178 billion, according to research agency Magna Global.
Legacy media still haven't gotten over it: Why magazine mogul Tina Brown is 'angry and upset' at Google and Facebook | Recode.net: “I am very angry and upset about the way advertising revenue has been essentially pirated by the Facebook-Google world, without nearly enough giveback — no giveback, really — to the people who create those brilliant pieces that are posted all over their platforms,” Brown said. “It’s high time they gave back to journalism.”
And to add salt to the wound--a Japan millennial has made a newsroom staffed by engineers.that runs on artificial intelligence. NewsDigest isone of most popular news apps in Japan--PRESS.net: "an app called “NewsDigest,” is the biggest news bulletin app in Japan, boasting over 1 million downloads. It is gaining popularity because of its ability to use AI to automatically detect and deliver news bulletins on information worth reporting ... The problem facing the news media, when stated in concrete terms, is that the dwell time of consumers on media such as newspapers and television, which make up the majority of the “news,” is being lost to other media sources. This reduces advertising and subscription revenue, which is proportional to dwell time (i.e., it is a problem of distribution channels and revenue)."
"All fear has left markets again as markets have rallied steadily into early June. $VIX has printed an 11 handle again, tech and small caps are making new highs. Optimism is back in full swing and right here and now bulls are coming out in full swing. Notably Tony Dwyer of Canaccord Tenuity appeared on CNBC Fast Money last night and highlighted his reasons for raising his S&P target to 3,200 by the end of the year."--Bull Rebuttal | ZeroHedge.com.
Wall Street's Charging Bull
Investing Notes:
I am heading for Canada and the G-7 for talks that will mostly center on the long time unfair trade practiced against the United States. From there I go to Singapore and talks with North Korea on Denuclearization. Won’t be talking about the Russian Witch Hunt Hoax for a while!
Fraudulent Chinese Companies Pose Risk to U.S. Markets: Carson Block | Bloomberg.com: "I don’t think there’s any parallel in the history of capital markets where you’ve had this systemic issue of literally hundreds of frauds going to another country’s capital market to suck up capital and expatriate it to their home country"--Carson Block.
Bitcoin? Anybody? Lackluster interest, wallet growth is slow--DataTrekResearch.com.
US: the number of full-time jobs increased by 904k in May to 128.66 million, one of the largest monthly jumps on record--ZeroHedge.com
The person who’s best at lying to you is you--The man who coined the Dunning–Kruger effect says we're most gullible to ourselves | QZ.com: "Gullibility to oneself is not a modern phenomenon. But the effects are exacerbated in the age of social media, when false information spreads rapidly. “We’re living in a world in which we’re awash with information and misinformation,” says Dunning. “We live in a post-truth world.” ... The issue is that the current environment convinces people they’re more informed than they actually are."
Alibaba: "In addition to growing China sales by over 40%, Alibaba's international sales skyrocketed by 233% YoY in fiscal year 2017"--SeekingAlpha.com.
Amazon's AWS provides the U.S. Intelligence Community commercial cloud capability across all classification levels: Unclassified, Sensitive, Secret, and Top Secret--ZeroHedge.com.
Netflix is getting crushed in India, and it's all because of Amazon and Hotstar | AndroidCentral.com: Amazon Prime Video and Hotstar, an Indian streaming service, are outcompeting Netflix in India through aggressive pricing and strong content libraries. Hotstar is an Indian digital and mobile entertainment platform launched in February 2015 by Star India. It provides streaming media and video-on-demand online.
How North Korea’s Hackers Became Dangerously Good--WSJ.com
AT&T:"Buy T shares only if the government successfully blocks the Time Warner deal"--SeekingAlpha.com.
Google:"more than one-third of all mobile searches are related to location"--blog.google.
Tesla video above published Feb 22, 2018: Carli Davis’ greatest drive is on the sands of Muriwai Beach, off the west coast of Auckland, New Zealand. Carli wanted to experience the electric all-wheel drive and acceleration of the Model X, whilst packing the surfboard in the rear to catch a wave. All the while, delivering zero emissions.
Tesla, Inc. is a U.S.-based company specializing in electric vehicles, energy storage, and solar panel manufacturing, headquartered in Palo Alto, California. CEO is co-founder Elon Musk who controls 20.5% of the shares. Tesla subsidiaries include SolarCity and Tesla Grohmann Automation.
Wednesday, May 2nd, 2018, 2:30pm Pacific Time / 5:30pm EDT (US)
Tesla released its financial results for the first quarter of 2018 (Q1 2018) after market close on Wednesday, May 2nd, 2018, (see below and Tesla's Investor Relations website ir.tesla.com).
LIVE Webcast: Tesla will hold a live question and answer webcast that day at 2:30 pm Pacific Time (5:30 pm EDT) to discuss the Company's financial and business results and outlook. Webcast: http://ir.tesla.com/events.cfm (live and replay)
Approximately two hours after the Q&A session, an archived version of the webcast will be available on the Company's website. For additional information: ir.tesla.com (Tesla investor relations).
