Wednesday, August 7, 2019

Notes From All Over, Part 2 -- August 7, 2019

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Wow: I'm in a great mood. The market is back where it should be for those wanting to invest. I doubt any company will cuts its dividends based on what is obviously a short term correction. I would imagine the "Fed" is wringing their collective hands. I have my new book for the next week for reading. Poolside in 101-degree weather.

Tesla: insurance -- oh-la-la -- from zerohedge -- next time you rent from Enterprise, or Hertz, or Avis, ask for an "exotic" car and then see what the insurance will cost you. Yes, the Tesla would be considered an "exotic" car. The car rental companies aren't dummies.
After reviewing Teslas listed at current auction, a bulk of them have minor fender benders, some have electrical issues, but most have been in fender benders that if it were a standard petrol engine automobile, would be easily fixable by a local dealership.
It seems that insurance companies are slapping salvage titles on crashed Teslas because it's "near impossible to repair them, the authorities and Tesla will prevent them being put back on the roads," said one Twitter user who was commenting on an SCA Twitter post of a newly listed crashed Tesla for auction.
Tesla: auto-pilot? Ambulance-chasing is a phrase we now see commonly associated with Tesla. From zerohedge. Does zerohedge have a problem with Musk Melon? By itself, this is a non-story, but zerohedge seems to have an agenda when it comes to Tesla.

The limbo -- how low can "we" go? (Saudi oil imported into the US), see "1980s oil glut":



Brexit. You think America has problems? Wait until "gin" is rationed. LOL.

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