Chart of the day:
Fake news, even in the WSJ. This is really, really cool. During the Bakken boom, back in 2007 - 2012, "emigres" from three or four states dominated the number of new folks coming to western North Dakota looking for jobs. Idaho was among the top five out-of-state license plates seen in those days. Idaho was in a severe recession.
Now? From The Wall Street Journal today: incomes in Idaho rising at fastest rate in the nation. Why? Let's see: nope, the article was unhelpful. The writer is trying to make a "worker shortage - wage inflation" story in Idaho "work" for the nation as a whole. Nonsense. Except perhaps on the margins.
Using the same model, my hunch is that globally, incomes in Bangladesh are also rising at the fast rate.
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@TeslaCharts: OMFG. Boom.
This is quite incredible. I have not seen something that has completely "shocked" the business world tweets like what is happening now over at twitter -- maybe like forever.
If you understand how Twitter works, @TeslaCharts is a no-brainer "site" to follow. [Also, Scott Adams, but that's another story. I digress.]
The news that is shaking "business world twitter" accounts today -- Waymo and Jaguar's self-driving I-PACE just announced a partnership.
Wow, anyone following Waymo (just off the radar scope for most folks) and Jaguar's I-PACE (off everyone's radar scope) -- this story is incredible.
This will knock TSLA hard. Let's see what TSLA is doing. Before we look, remember, the market went up 700 points yesterday and up another 100 points today. Okay, here we go, TSLA (at 10:07 a.m. Central Time, just minutes after the Waymo - Jaguar pact was announced) is trading down $7.08, or down 2.33%. It's now well below its floor ($300). [Later: TSLA is down over $12 -- 11:16 a.m. Central Time.] [Later, 1:32 p.m. Central Time: inexplicably the market plummets, goes negative; TSLA shares down almost $20.]
Another Tesla fatality; this one in California, March 23, 2018.
Remember, a week ago, every talking head (except the moderator) was bullish on Tesla (posted previously).
Top story driving the drop in TSLA shares? Who knows? But Zacks reported one hour ago (something twitter reported yesterday) that Elon Musk has alerted investors that Tesla is "slowing" deliveries to Norway, on purpose.
According to CNBC, Tesla, Inc.’s CEO Elon Musk has asked his team in Norway to slow down deliveries of electric cars there due to issues pertaining to the local manufacturing supply chain. Notably, the electric vehicle maker is experiencing a lack of giant trucks to carry its vehicles safely around Norway. A truck, which was carrying Tesla Model S vehicles, was recently embroiled in an accident.
Two Tesla vehicles were crushed by the upper deck of the truck. Musk said, “I have just asked our team to slow down deliveries. It is clear that we are exceeding the local logistics capacity due to batch build and delivery. Customer happiness & safety matter more than a few extra cars this quarter.The Waymo-Jaguar story certainly did not help.
Elon got his $3 billion bonus just in time.
Reflections on a short life.
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The Equity Market
A dead cat bounce?
Q: When will we know?
A: Friday, March 30, 2018. 10:30 a.m. Central Time.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on anything you read here or think you may have read here.
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