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Now I understand why Elon Musk was chosen to play the part he does. His grandfather was the founder of a technocratic organization in the 1930s. Whose goal was to reorganize society under a scientific and technological umbrella instead of political and commercial.
The technocracy movement proposed replacing partisan politicians and business people with scientists and engineers who had the technical expertise to manage the economy. But the movement did not fully aspire to scientocracy.[2]
I call them the Technocrats, in recognition of the influence of the technocracy movement, founded in the 1930s by Elon Musk’s grandfather, Joshua Haldeman.
The only problem with Roosevelt was that he was a card-carrying CIA agent and if he'd been caught, the ramifications could have been pretty serious.
So very quickly, at that point the decision was made to use private consultants to channel the money through the World Bank or the IMF or one of the other such agencies, to bring in people like me, who work for private companies.
So that if we got caught, there would be no governmental ramifications.
In case you needed another reason to hate Elmo
Muskrat reportedly lied about how many monkeys his Neuralink implant killed
Musk insists that no monkeys died in trials and that the brain implant is ready for human trials. A horrifying new WIRED report suggests otherwise.
Medical implant company Neuralink killed at least a dozen monkeys through animal testing, after first subjecting the primates to horrifying conditions, despite founder Elon Musk’s claims otherwise, according to a new WIRED report.
Musk announced Wednesday that Neuralink was ready to start human trials, despite widespread concerns about the effects of the implant and the company’s animal testing methods. But Musk had assured his followers 10 days earlier that no monkey test subjects died due to the implant. Instead, Musk insisted that the company had conducted its early tests on monkeys that were already close to death.
Except, it turns out that wasn’t the case. That same day, WIRED published a report that blew Musk’s claim to bits.
Musk’s statement is “ridiculous” and even a “straight fabrication,” a former Neuralink employee told WIRED, speaking anonymously. “We had these monkeys for a year or so before any surgery was performed.”
Neuralink’s monkeys were also fairly young, according to a doctoral candidate who is working at the California National Primate Research Center, which helped Neuralink conduct its tests. The candidate, also speaking anonymously, told WIRED that “it’s hard to imagine these monkeys, who were not adults, were terminal for some reason.”
Veterinary records show that as many as a dozen monkeys had to be euthanized after they were implanted with Neuralink devices because they developed agonizing complications, WIRED reported Wednesday. The monkeys’ issues included bloody diarrhea, partial paralysis, and cerebral edema, or “brain swelling.”
One monkey dislodged an implant connector because it kept yanking on the device. When veterinarians conducted surgery to repair the device, they found the implant area had become infected—and couldn’t be healed because the device was blocking their access.
Another monkey kept picking at her implant until it bled, and would repeatedly press her head to the floor in a sign of pain or discomfort. She became lethargic, opting to lie on the floor of her cage and hold hands with her roommate, until she saw lab workers. Then she would start to shake uncontrollably. After she was euthanized, a necropsy revealed the implant had severely damaged her brain.
Yet another monkey had to be euthanized after his implant screws became so loose that the whole device could “easily be lifted out,” according to the necropsy report. The report also said that “the failure of this implant can be considered purely mechanical.”
Neuralink is already under two federal investigations over its animal testing practices. The Department of Agriculture opened an investigation in December 2022. At the time, Reuters reported that Neuralink had killed about 1,500 animals during testing since 2018.
The Department of Transportation opened another investigation in 2023 over allegations that Neuralink was transporting antibiotic-resistant pathogens in an unsafe manner.
Cathie Wood dumped 170k Tesla shares this week as TSLA falls harder than the S&P 500
Cathie Wood's Ark Investment Management sold 62,367 Tesla shares for around $16 million Thursday, based on Tesla stock's closing price of 255.70, according to the company's daily trade disclosure.
On the week, Wood sold 171,617 TSLA shares over Tuesday, Wednesday and Thursday.
Wood's Tesla trades this week were done through the ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW). TSLA is the top holding in ARKK, with a 11.08% weight. Meanwhile, in ARKW, Tesla sits fourth with a 6.78% weight.
Cathie Wood's decision comes as Tesla stock, ahead of Friday trade, has dropped 6.8% on the week. The S&P 500 dropped around 2.5% so far.
Last week, Cathie Wood began selling Tesla stock after taking nearly a month off from touching her TSLA holdings. Wood has been locking in profit on Tesla stock since mid-June and the total number of shares sold since June 12, including Thursday's sale, amounts to more than 1 million.
Cathie Wood: Tesla Stock
Tesla stock fell 4% to 245.17 Friday during market action, dropping below its 50-day line. On Thursday, shares fell 2.6% to 255.70, essentially round-tripping all of the prior week's gains spurred by the bullish analyst call on the EV maker's Dojo supercomputer and self-driving prospects.
With Tesla's third quarter also soon coming to an end, Wall Street has revised its view on vehicle deliveries. The consensus view is Tesla will deliver 468,000 vehicles in Q3, down from the previous view of 470,000, according to FactSet. However, some analysts believe Tesla's Q3 total will come in below Q2's record-setting 466,000 delivered vehicles.
What to do with the "Important Legal Document", just got in the mail?
Tesla driver says autopilot feature nearly killed him
But in a blink, it all went sideways — quite literally. My Tesla abruptly veered off the road. It wasn’t just a slight drift or a wrong turn. My car sped up with an unnerving suddenness, the acceleration was immediate. Before I could process what was happening, the car was hurtling down an embankment, the terrifying descent coming to a jarring halt mere inches away from a mammoth tree,” he wrote.
It was the realization that my life hung in the balance, thanks to a malfunction in a technology,” Musoka wrote.
sudden acceleration was caused not by the driver stepping on the accelerator pedal but by a random superposition of a negative-going voltage spike
You're not an "EV-denier" simply because you don't want one.
Am I a Coca-Cola denier because I prefer Pepsi?
Have you seen the chart and the sales figures? Most of the country is NOT buying EVs. Are they all "EV-deniers?"
In California EV sales just reached 25% of new car sales. https://californiaglobe.com/?p=55652
There are many perfectly valid reasons for not wanting one at this time, and we've already discussed them.
In particular there are many good reasons for not wanting a Muskmobile.
If your memory is that poor, I suggest you start bookmarking links and taking notes. Maybe keep a daily journal of what you've read here.
Ohhhhhhh, I forgot: the Cult-Aid prevent you from remembering anything that's not 100% pro-Tesla.
That's probably a good thing, you'd be horrified if you could recall all the adverse legal actions Tesla is facing.
DRINK UP!
$Millions worth of $QQQ & $TSLA Puts being sold into this rally
By: Cheddar Flow | September 22, 2023
• Millions worth of $QQQ & $TSLA Puts being sold into this rally
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Tesla $TSLA $6.9 Million OTM Call
By: Cheddar Flow | September 22, 2023
• $TSLA $6.9M OTM Call
*Above the Ask*
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Tesla Wins Giga Mexico's Environmental Impact Permits
What?
The UK is delaying the switch to electric cars. Automakers are furious
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://amp.cnn.com/cnn/2023/09/20/cars/uk-electric-cars-delay/index.html&ved=2ahUKEwjh08SX476BAxVJlIkEHZP5BoMQFnoECBEQAQ&usg=AOvVaw3p9SgfIO4h02b0TOPj_LH6
Tesla Reverses Course But Signals The Local Bottom May Be In: The Bull, Bear Case For The EV Giant
Mentioned: TSLA
Tesla, Inc (NASDAQ: TSLA) was falling slightly on Friday, testing the 50-day simple moving average (SMA) as support after Cathie Wood's ARK Invest disposed of $15.94 million worth of the stock.
The EV-giant's move lower confirmed the stock's downtrend remains intact, with the formation of another lower low. The local bottom may be in, because Tesla was working to print a hammer candlestick on the daily chart.
A hammer candlestick pattern forms when a red or green candlestick prints, with a long lower wick and a short upper body, which resembles a hammer.
A hammer candlestick, when found in a downtrend, can indicate a reversal to the upside on the horizon. It is a lagging indicator because the next candle on the timeframe being studied must print before the pattern can be validated.
A hammer candlestick doesn't necessarily mean a new uptrend will occur, only that a bounce higher is likely imminent.
Candlestick patterns can be used to indicate the future price direction of a stock. Candlestick patterns are especially useful for technical traders when they are combined with other indicators such as larger patterns, trading volume, relative strength index (RSI) and divergences between RSI and price action.
Want direct analysis? Find me in the BZ Pro lounge! Click here for a free trial.
The Tesla Chart: Tesla entered a downtrend on Sept. 15 after forming a bearish double top pattern at the $278.91 mark, when paired with similar price action on Sept. 12. The stock's most recent lower high within the downtrend was formed on Wednesday at $273.93 and the most recent confirmed lower low was printed at the $261.20 mark the day prior.
On Friday, Tesla looked to be forming its next lower low within the pattern but holding above support at the 50-day SMA and forming a hammer candlestick. If the candlestick is recognized, Tesla is likely to bounce on Monday, at least to print another lower high.
While the eight-day exponential moving average (EMA) is currently trending above the 21-day EMA, the former will cross below the latter if Tesla doesn't regain both indicators over the next day or two. Bullish traders want to see big bullish volume come in and drive Tesla up $262 to avoid the eight-day crossing under the 21-day.
Bearish traders want to see Tesla reject the 21-day EMA on the next bounce, which could accelerate downside pressure and drop the stock under the 50-day SMA.
Tesla has resistance above at $254.98 and at $271.71 and support below at $234.35 and at $225.03.
Additional info that further indicates this Tesla suffered a SUA event.
Panozzo said it was his understanding that neither of the people in the vehicle were seriously injured and that the vehicle was speeding at the time of the crash.
After the vehicle crashed through the wall into the basement, it continued and struck the adjacent wall, which left the house structurally unsound, he said.
As a driver pulled into his San Ramon garage Monday night, his Tesla unexpectedly accelerated, slamming through a wall and damaging the home's kitchen.
"The car just kept going by itself and just hit the wall and went into the home," he said. "It took the kitchen island out. The refrigerator out."
The weight of the collapsed wall halted the car's forward progress. But the wheels kept spinning until the stunned driver got the car to turn off.
The new strikes OUCH. Tesla will just continue to thrive, others are going to nose dive.
NEWS: The UAW President has just announced that they are calling on 38 additional plants across 20 states to join the strike. Those people will go on strike at 12 PM ET today.
With a phone key, there is NO need for the key cards.
Interesting read. One other reason the article did not mention is the fact that Teslas are hard to get into. SHORT OF BREAKING A WINDOW!
And, right on cue, zf is up over 4% who;e GM is up over 2%, while TSLA has been dragged lower!
That should be obvious to ALL but EV-deniers. Keep in mind that the Flat Earth Society has some members even today! People will keep betting on IC cars until they are dragged, kicking and screaming, into the modern world.
Another Reason To Get A Tesla? These 3 Vehicle Models Are Among The Least Stolen
Mentioned: BMWYY GM HMC NSANY STLA TM TSLA
Electric vehicle (EV) giant Tesla Inc (NASDAQ: TSLA) has made headlines in 2023 for its Model Y becoming one of the bestselling vehicles worldwide.
Price cuts and incentives have made the vehicle more affordable for some and has led to the vehicle being chosen over other EV rivals or traditional automotives.
While charging range, price, and wow factor for EVs can be important reasons to purchase one model over another, there might be another big reason to buy a Tesla.
What Happened: Consumers shopping for a new or electric vehicle might want to consider a Tesla vehicle like the Model Y, Model 3, or Model X.
A new list from the Highway Loss Data Institute reveals the vehicles that are most stolen and the vehicles that are the least stolen, when looking at model years 2020, 2021 and 2022. The model factors in the number of vehicles on the road and market share to come up with a better look comparatively of all models.
According to the report, these were the vehicles stolen the least, based on the lowest number of claims compared to other vehicles.
Tesla Model 3 4WD, Tesla Inc
Tesla Model Y 4WD, Tesla Inc
Volvo XC90 4WD, Volvo
GMC Arcadia 4WD, General Motors Company (NYSE: GM)
Tesla Model X 4WD, Tesla Inc
Volvo XC40 4WD, Volvo
Tesla Model 3, Tesla Inc
Chevrolet Trailblazer 4WD, General Motors Company
Lexus UX 250 hybrid 4WD, Toyota Motor Corporation (NYSE: TM)
Volvo XC60 4WD, Volvo
Tesla gets four of the top 10 spots on the list of the least stolen vehicles. General Motors grabs two spots and Volvo has three.
Outside the top 10, Volvo, Tesla and General Motors all score well in the 11 to 20 range as well.
The report lists the following as the ten most stolen vehicle models from 2020 to 2022.
Dodge Charger SRT Hellcat, Stellantis NV (NYSE: STLA)
Dodge Charger HEMI, Stellantis NV
Infiniti Q50, Nissan Motor (OTC: NSANY)
Dodge Challenger, Stellantis NV
Land Rover Range Rover 4WD, Tata Motors
Kia Sportage, Kia
Land Rover Range Rover Sport 4WD, Tata Motors
Kia Sportage 4WD, Kia
Honda CR-V 4WD, Honda Motor Company (NYSE: HMC)
BMW X6 4WD, BMW (OTC: BMWYY)
The Charger SRT Hellcat was a significant leader on the list, with the model 60 times more likely to be stolen than the average 2020 to 2022 model vehicle.
'If you own a Hellcat, you better check your driveway,' HLDI Senior Vice President Matt Moore said. 'These numbers are unbelievable.'
Kia and Hyundai vehicles ranked high among the top 20 most stolen, likely helped in part by thieves discovering that they were easier to steal and a TikTok viral challenge catching attention.
Several insurance companies even stopped offering coverage on certain models due to them being frequent targets for thieves.
Related Link: Here's How Many Tesla Vehicles Tesla Has Delivered And Produced In Each Quarter Since 2019
Why It's Important: Out of the top 20 least stolen vehicles, six of the models are EVs.
There could be several factors for the reason why EVs are targeted and stolen less. Among the biggest reason could be the need to charge and some EVs parked in garages or well-lit areas that include chargers.
Another factor that goes into Tesla scoring well as a top-rated low theft vehicle brand could be the company's Sentry Mode, a surveillance system that kicks in when people are close to the vehicle.
Tesla offers many cameras and records video during Sentry Mode and even when the vehicles are not actively running.
GPS tracking for Tesla vehicles could also be a deterrent to fend off thieves, as the car's owner can likely locate their vehicle or help authorities track down where the thieves live or left the stolen vehicle.
Auto companies that appear on the list of least stolen vehicles can use that as a selling point to consumers. For Tesla, this list inclusion could be another example of how the company is beating not just EV companies, but also traditional automakers in many aspects.
UAW don't understand they are prolonging the inevitable. EV's are here to stay and require fewer jobs and very different qualifications than ICE. A majority of people buy EV's because they are cheaper and better not because they are green. Re-school your members!
EV's in Europe has passed 20% marketshare and growing exponetially. To compete with China we must retool everything from top to bottom, this will secure jobs in the US. It's the fidutiary duty of Big Auto to understand this and secure good returns based on the inevitable future.
Of course, this is only in the pre-market which seems to be a reflection of trading on the Frankfurt exchange.
FINALLY! Some sanity prevails. F and GM are down while TSLA is up!
If you're a member you should have read the Handbook.
Seems you haven't or you'd know there's no need to put the * in "FUC*ING" anymore - the new rules have been relaxed.
Besides, it doesn't lessen the impact of the word.
Vulgarity
It should be noted that PG13 does include some use of the “f” word.
I've complained about this AND HAVE YET TO RECEIVE A REPLY in any way!
DING DING DING! You win the prize for posting the same FUC*ING thing for almost a YEAR now! CONGRATULATIONS. You're coming up on 1 FUC*ING year with this same FUC*ING POST! I'm sure iHub won't mind my crudeness since I've complained about this AND HAVE YET TO RECEIVE A REPLY in any way! I'm actually one of the idiots who actually PAYS iHub & they don't give a shit so please see how much longer you can REPOST the same FUC*ING sheet from NOVEMBER FUC*ING 2022!
Tesla lawsuit lawyers want $10,000 an hour
A legal team that forced Tesla's directors to agree in July to return more than US$700 million in compensation to the automaker for allegedly overpaying themselves are now seeking a huge payday of their own.
The lawyers want a judge to approve US$229 million in fees, or US$10,690 an hour, according to a Sept. 8 filing in Delaware's Court of Chancery.
The proposed fee award, if approved, would be among the largest ever to result from a shareholder lawsuit filed against a board. The sum would be distributed among lawyers from four firms that spent several years building a case against the compensation paid to Tesla's directors from 2017 to 2020.
The legal fee and the settlement must be approved by a Delaware judge at a hearing scheduled for October.
The 12 director defendants, including James Murdoch and Larry Ellison, agreed to return US$735 million in compensation, forego another potential US$184 million and overhaul the way the board determines director pay. The money from the settlement will be paid to Tesla and benefits shareholders indirectly, a type of case known as a derivative lawsuit.
The law firms estimate the total settlement value at US$919 million and are seeking 25 per cent of that as fee. They are also seeking about US$1 million in expenses.
Partners and other staff from the law firms of Bleichmar Fonti & Auld and Fields Kupka & Shukurov, both of New York, each billed more than 10,000 hours on the case. McCarter & English attorneys and staff in Wilmington, Delaware and Ronald King, a Lansing, Michigan-based attorney with the Clark Hill firm, also billed hundreds of hours.
The Telsa directors have not objected to the fee request but are expected to do so, according to a court filing by the plaintiffs' lawyers.
Delaware courts have approved higher hourly rates. In 2012, the Delaware Supreme Court affirmed a US$304 million fee in a Southern Copper shareholder lawsuit involving US$2 billion of damages. The fee worked out to US$35,000 an hour, and the defendants opposed it. The state's high court said judges should examine the outcome achieved, not the hourly rate.
The Delaware Court of Chancery judge overseeing the Tesla case, Kathaleen McCormick, has scheduled a hearing on Oct. 13 to approve the settlement and the fee. Tesla shareholders have until Friday to file an objection.
Tesla China lied by omission in not disclosing that the park button is Teslas e-brake function.
Lying by omission, also known as a continuing misrepresentation or quote mining, occurs when an important fact is left out in order to foster a misconception. Lying by omission includes the failure to correct pre-existing misconceptions
Cathie Wood & Ark Invest's Sells 62,367 Shares of Tesla Inc. (TSLA)
By: Ark Invest Daily | September 21, 2023
• Cathie Wood and Ark Invest's trade activity from today 9/21.
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Tesla share price Descending Triple Bottom Breakdown on 21-Sep-2023
ARE YOU HIGH?
Same dumbass was in charge of Twatter when it lost over 20 billion dollars in value, and it still hasn't recovered.
How many billions has Tesla lost since Muskrat's SEC filing on 4/4/22? (the high was $383.30 that day).
It's gotta be the rose-colored glasses that's preventing shareholders from seeing that flood of red ink on their books.
Either that or the Cult-Aid.
Watching
Cathie Wood & Ark Invest's Sells 32,080 Shares of Tesla Inc. (TSLA)
By: Ark Invest Daily | September 20, 2023
• Cathie Wood and Ark Invest's trade activity from today 9/20.
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