If Musk’s plan works out utility stocks might no longer be a good long term investment. Don’t sell utilities just yet, but keep the Solar Roof in mind when you do your long term portfolio planning. It just might make utilities, coal and natural a lot less valuable in the near future.Read more
Elon Musk is trying to disrupt the entire auto business and build a major industrial empire in the process. Even if he fails the results will be spectacular.Read more
Musk is between a rock and a hard place here, he needs federal backing for some of his activities; particularly SpaceX. Yet the primary buyers of his cars are wealthy liberals who loathe Donald. J. Trump. Musk may have to make some tough decisions to preserve his companies in the age of Trump.Read more
If Musk can really build an electric big rig he’ll demonstrate that Tesla has some amazing design and manufacturing capabilities. Creating such a machine and getting it running will be an amazing feat.Read more
BamBrogan did not say if he had hired anybody else or raised any venture capital. Arrivo is far behind Hyperloop One which had raised $50 million and was planning to raise $160 million in October. Hyperloop One has already identified potential routes and is planning a full scale test of its technology in April.
Arrivo is also lagging between Hyperloop Transportation Technologies or HTT which is planning to create a research and development center in France. News reports indicate that the crowd-sourced HTT has raised around $35 million and gotten land rights in a number of locations.Read more
Technology is likely to become the basis of our philosophy, religion and politics in the near future. When it does it will mark a paradigm shift as great; and perhaps as bloody, as the rise of Islam or the Protestant Reformation. Whether we are ready for that revolution is anybody’s guess.Read more
Trump is simply the latest in a long line of people who sought to leverage fame into political power. He will not be the last, and his career might mark the beginning of a new age of fame and politics.Read more
The PowerWall 2 can power a four bedroom house for a day, Musk said. It can hold up tto kilowatt 50 watts of electricity. The system can be scaled up to any size.Read more
Hyperloop One is looking into three new route proposals; one would run from Charles de Gaulle Airport to Paris, while another would connect the gambling mecca of Monaco and the resort city of Nice with Paris.
Forbes also mentioned a route in the Canadian province of Ontario but revealed no details. Ontario is Canada’s most populous province and is home the nation’s largest city; Toronto. A probable route for that Hyperloop might between Toronto and Canada’s capitol; Ottawa.Read more
The oil industry will survive the coming of Hyperloop and electric cars; but it will look nothing like the one we have known. Instead it will be smaller and only a few companies in it will make money. Smart investors will stay out of oil for the foreseeable future, unless they are looking for something to short.Read more