Norwegian Ice-Breaker Unable To Get To North Pole -- Arctic Ice Thicker Than Expected -- July 16, 2019

Link here.

15 July 2019 – The Norwegian icebreaker “Kronprins Haakon” (Crown Prince Haakon), on a mission to the North Pole for the Institute of Marine Research, was forced to turn back north of Svalbard after meeting considerably thicker and more massive ice masses than expected, which the vessel was not capable of breaking through.

Tesla. On a completely different note, to expand on the earlier note today regarding Tesla. I think it was pretty obvious in that note, but to be very explicit about this: if Tesla as an automobile company fails, I think folks will look back on his decision to concentrate on sedans first as his big failure. Granted, he had plenty of interest, over-subscribed demand, and demand he could not meet, but that was short term. Long term focusing on sedans will be seen as a mistake. Model X, a crossover, was too little (literally) too late. He needs cash now to keep going and SUVs are high margin, and in huge demand. The fact that he is now cutting the price of sedans suggests he can now meet demand, but folks are not interested in sedans any more. Look at the monthly automobile sales figures.

Tesla. On another note, something we talked about a long time ago, Tesla is not an automobile company. It is a battery company disguised as an automobile company. He is using automobiles as a "vehicle" to sell batteries. We will see more of that in the future. Tesla batteries used outside of automobiles, and when used in automobiles, used by other manufacturers.

DAPL? Protesting the DAPL? Think again. Link here. A reader noted that the "Protect" signs were also used at Standing Rock. Nice to see that protesters are into recycling. LOL. By the way, George Soros is in the back row, fourth from the left.