Monday, January 11, 2021

Re-Posting: Mass Transit And Car-Pooling Dead In China -- Country Calls For Social Distancing -- January 11, 2021

Look at this: carpooling and mass transit is dead in China due to calls for social distancing.


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Autos

Ford: will stop manufacturing in Brazil in 2021 as part of a restructuring plan meant to cut costs and increase efficiency. The company is closing two plants immediately and a third later in the year, affecting about 5,000 workers. Announced/posted January 11, 2021. Selected updates for "autos" are posted here

Tesla: BofA just set a new price target for TSLA -- a "street" high of $900/share. Link here. Announced/posted January 11, 2021.

I mentioned this to a reader yesterday that Tesla could easily increased its float by another 10% and the price of TSLA would probably go up. Tesla could raise another $75 billion and probably not see any decrease in share price. The fact that Tesla has not done that yet is interesting.

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