It looks as if Musk might have hit upon a trillion-dollar idea here but it is several years away. Until then, Sirius XM is a pretty good low-priced value investment. Only time will tell if its business model can be rolled out worldwide by SpaceX through Starlink.Read more
Another good question to ask is does Tesla have the money to build the electric semi? The financial report’s answer is no, no, and no.
Tesla is burning cash like crazy and there seems to be no end in sight. The financial numbers also tell us where Musk got the money to finance the semi project from, he borrowed it.Read more
Strangely enough Musk’s tunnel is technologically feasible. Hyperloop One is already testing a full-sized Hyperloop in North Las Vegas. It would be a fairly simple; but expensive, matter to bore new tunnels under Washington, New York and Philadelphia – or repurpose some older tunnels.Read more
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