Despite New Gigafactory in China, Tesla’s Global Deliveries Drop 4.8% in Q2, Much Worse Than I Expected

Hahahaha, that should have been the universal headline. By Wolf Richter for WOLF STREET. Tesla announced this morning – under enormous media hoopla and Wall Street hyperbole – that its global deliveries dropped 4.8% in the second quarter of 2020, to 90,650 vehicles. It doesn’t disclose how many of them were delivered in the US. But this was … Read more

Hundreds arrested as police crack phone messaging service used by organised criminals

“We have been able to hit the most senior levels of organised crime where it hurts most – getting people arrested, seizing their cash, stopping their distribution networks in a way that I have literally never seen before.”   More than 700 arrested in ‘biggest ever’ UK operation against organised crime after encrypted phone network … Read more

The Fed Just Picked the “Big Guys” (Again) Over Individuals

Photo by Flickr.com | CC BY | Photoshopped From Birch Gold Group In a recent disclosure to Congress, the Fed revealed that it just purchased $429 million in bonds from 86 corporations. They did this through something called a Secondary Market Corporate Credit Facility (SMCCF). Buried on the Fed’s website, the press release explains the intention behind this purchase of bonds: The SMCCF will … Read more

Chaz Is moving to the Big Apple

https://www.youtube.com/watch?v=pxpiqh0_Grc Any governor/Mayor of a state that allows chaos, should lose power and POTUS makes the EO to come in and take care of it in an hour. Then the state officials lose their jobs, never to be allowed in office again. LL