Tuesday, December 8, 2020

Futures Don't Mean A Thing, Of Course -- But Right Now ... It Looks Like Today's Records Will Be Broken [Again] Tomorrow -- December 8, 2020

Screenshot from CNN Business

Elon Musk confirms earlier stories:


It took him long enough. 

Later: The WSJ weighs in. Link here. From the linked article:

Gov. Gavin Newsom told CNBC he was “not worried about Elon leaving any time soon” and the state was committed to the car maker’s success. “We may not be the cheapest place to do business but we are the best place to do business,” Mr. Newsom, a Democrat, said. Silicon Valley remains home to some of the hottest companies— AirBNB and food delivery company DoorDash Inc. are poised for multibillion-dollar public listings this month and are both based in San Francisco. 

The writer failed to mention that Schwab has also recently departed San Francisco, headed for Texas.  

Also from Yahoo!Finance. Reports that Elon Musk "compares himself to a war general."