This Is Not An Investment Site --- July 23, 2018

Blue eyes cryin' in the rain. Tesla shares drop following news that Tesla confirmed that it did indeed ask for money back from supplies, going back as far as 2016, calling it a normal practice in the automotive industry. The big question is whether the US will extend the "200,000 threshold" and/or whether the states of California/Nevada will bailout Tesla?

The other bit question, of course, is how low will TSLA go today? Now trading below $300 (again), TSLA dropped almost 5% in early morning trading. [Later: TSLA has now dropped 5% in early morning trading.]

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Others (making America great again):

• UNP: up a bit over 1.5%, up $2.37, trading at $143.78
• CVX: up about 0.5%, up 55 cents, trading at $122.82
• NOG: up a little over 1%
• EOG: up about 0.7%; trading at $123.22

Mainstream media: doomsday for Daily News?

Iran. The all-caps tweet from President Trump was meant for those countries who say they will ignore US sanctions on Iran. Oil market: hardly noticed.