Angry Observer Asks “How Is Elon Musk Still Tesla’s CEO?”
Originally published on DailyKanban.com, Under Elon Musk’s leadership Tesla’s Model X arrived two years late and subjected the company to six months of self described production hell, only to tie for...
View ArticleHecho En Mexico: 2017 Auto Production In Mexico Surges Despite Trump Attacks
Earlier this year, before then President-elect Trump even moved into the White House, he picked several very public fights with auto manufacturers over their increasing reliance on Mexico for...
View ArticleBank Of England Warns Of “Spiral Of Complacency” Over Soaring Consumer Debt
A few weeks ago, we wrote a note about how European auto lenders are becoming just about as ridiculously undisciplined as their counterparts in the United States. Apparently an ever-growing reliance...
View ArticleCarmageddon: Ford & GM Sales Tank Despite Record July Incentive Spending
It was hard to find a bright spot for auto investors in July’s auto sales figures released earlier today with GM down 15% YoY, Ford off 7% and Chrysler down 11%. The companies blamed the drops on lower...
View ArticleGlobal Markets Rise As Shutdown Fears Recede; All Eyes On Wyoming As Jackson...
U.S. stock-index futures are fractionally in the green as European shares rise, Asia is mixed and oil drops modestly. Global risk staged a rebound and markets unwound some of yesterday’s safe-haven...
View ArticleCalifornia Mulls Combustion-Engine Car Ban: “You Could Stop All Sales By 2030”
California, the state which single-handedly turned Elon Musk into the billionaire that he is today by forcing taxpayers to subsidize his unprofitable electric vehicle scam via “Zero Emission Vehicle”...
View ArticleCar Slams Into Pedestrians Outside London Natural History Museum, Driver...
At least seven people were injured after a car mounted the pavement and “deliberately mowed down pedestrians” outside the Natural History Museum in London. The car mounted the pavement before ploughing...
View ArticleU.K. Litigation Cases On Defaulted Consumer Debts Soar Beyond 2008 Levels
Last month, S&P warned that UK lenders could incur £30 billion of losses on their consumer lending portfolios consisting of credit cards, personal and auto loans if interest rates and unemployment...
View ArticleBuild Fast, Fix Later: Tesla Employees Say 90% Of Model S/X Cars Fail Quality...
Last month we highlighted a report from Automotive News which suggested that Tesla’s Model 3 production misses might have been the result of a rather basic and embarrassing problem…the company hadn’t...
View ArticleElderly Couple On Cross-Country Trip To Vermont Busted With 60 Pounds Of...
An elderly couple from Clearlake Oaks, California were busted by Nebraska sheriff’s deputies with 60 pounds of marijuana, edibles and marijuana concentrates while on a 3,000 mile cross-country...
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