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

What’s he hiding in there?

To follow up on my previous post; “WASHINGTON (Reuters) -Tesla told U.S. regulators that all of its answers to questions on the safety of its robotaxi deployment in Texas are confidential business information and should not be made public, according to a letter released Monday.” Because the safety of Tesla’s stock price will be endangered. […]

It’s a casino

“(Reuters) -Tesla shares jumped 10% on Monday, lifted by the long-awaited launch of the company’s robotaxi service that CEO Elon Musk has for years championed as a key driver of the electric vehicle maker’s lofty valuation. “The automaker deployed a small fleet of self-driving taxis in Austin, Texas, on Sunday, marking the first time its […]

The robotaxis that aren’t

Musk’s SpaceX rockets explode, sometimes on the launch pad. Now, Musk’s promise of Tesla robotaxis has also exploded. “Tesla’s much-anticipated June 22 “no one in the vehicle” “unsupervised” Robotaxi launch in Austin is not ready. Instead, Tesla has announced to its invite-only passengers that it will operate a limited service with Tesla employees on board […]