Relevant and even prescient commentary on news, politics and the economy.

Down the Tesla memory hole

To follow up on a previous post about Tesla autonomous driving vehicles: “Tesla has retroactively modified “Full Self-Driving” purchase agreements to add “supervised” language that did not exist when owners originally bought the product. In some cases, the original documents have been made entirely inaccessible. “Electrek has confirmed the issue with multiple owners. The contracts […]

Tesla tanks in Europe

I wasn’t gonna buy a Tesla before Elon joined the Trump Administration, so his politics weren’t a consideration. Apart from the fact that I wouldn’t pay that much for a car, I’ve never lived in a place where Teslas are green. Before we left St. Louis, ca. 80% of electricity in Missouri came from burning […]

Would you buy a used car from Elon?

It’s illegal in every state to manipulate odometers to record mileage other than the actual mileage on the car. “ . . . Tesla’s warranties on vehicles are capped by mileage and are supposed to “cover repairs and replacements necessary to correct defects” in parts that it manufactures or supplies. “However, Tesla allegedly ”knowingly overstates […]

Tesla wins, Detroit bleeds

“Tesla wins, Detroit bleeds,” Bernstein analysts led by Daniel Roeska declared Thursday. “Tesla is the clear structural winner…. For everyone else, this is a margin reset and real drag on near-term earnings power,” Roeska continued.” The only imported part for Teslas appears to be a wire harness made in Mexico. That’s expected to add less […]

How Tesla makes money

Is Tesla a car company? An AI company? A projection of Elon Musk’s ego? In Europe, it’s a greenwashing company. Selling credits to other automakers looking to avoid paying penalties for not meeting European Union emissions targets has proved lucrative for all-electric Tesla. “Since its founding, the electric vehicle company has brought in billions from […]

Tesla and the law of gravity

OK, Tesla isn’t Bitcoin and it isn’t Trump’s Pravda Social, but: “Tesla announced to Gigafactory Texas employees that it will shorten Cybertruck production shift amid rumors that it is preparing a round of layoffs. “We received several reports today from Tesla employees hearing rumors of an important round of layoffs happening this week at the […]