Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

the Tesla semi

Market Insanity

How is Musk Paying for the Tesla Semi?

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.

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Long Ideas

Is Exxon-Mobil still a Safe Investment?

Exxon-Mobil has a lot of cash and a lot of float, and that cash and float is increasing. That, and the unpopularity of fossil fuels these days certainly makes it a value investment but it’s also a growth investment. Who knew?

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