ACC Archives

Tag: Musk
Elon Musk and Crony Capitalism

(From The American Thinker) As Norm Singleton of Dr. Ron Paul’s Campaign for Liberty wrote in The American Conservative, Musk has an agenda to do everything from “sending Men to the moon and Mars, to creating a 700-miles-per-hour tunnel transportation system, to...

Steve “Big Short” Eisman Is Now Shorting Tesla

Tesla deserves to implode. It is crony through and through. Taxpayers have propped the company for long enough. Plus if one wants a reasonably good electric car one can buy a BMW now. (From Bloomberg) Steve Eisman, the Neuberger Berman...

Could a Musk Bankruptcy Bring Down The Bull Market?

When even the New York Post is calling Musk a fraud, how much longer can he keep getting refinanced? Will the government, having subsidized to the tune of $5 billion, try to bail him out again?  And if they...

Elon Musk: Tesla worker admitted to sabotage

Tesla is just an fetid bouillabaisse of crony disfunction right now. I sure would be happy if I bought a Tesla that basically runs on computer code to know that some senior engineer somewhere at the company uploaded the...

Is Tesla Abandoning the Mass Market?

So long and thanks for all the subsidies suckers…I mean taxpayers. (From The Wall Street Journal) Tesla has given the first signals that it is giving up on its ambition to become a mass-market car maker. Prospective customers should...