Neil Freiman
๐ค SpeakerAppearances Over Time
Podcast Appearances
tankers are on this particular list.
Well, it's any oil tanker that has a history of violating U.S.
sanctions.
Virtually all of them are by carrying Iranian oil.
So now any tanker that has ever carried Iranian oil is up for grabs for the United States and what are rapidly escalating tensions here.
small player in the global scene, but very big for just the basic functioning of the Venezuela government, which is why this is being very closely watched by people in Caracas and as well as D.C.
Tesla is going through it.
Sales are slumping in the U.S., Europe and China.
And this week.
It learned it may not be able to sell its cars in California, its biggest American market, for 30 days.
Its stock is also near a record.
On Tuesday, Tesla shares notched an all-time high as investors' enthusiasm for Tesla's robo-taxi business overshadowed some of the more short-term challenges.
CEO Elon Musk, who owns a whole lot of Tesla shares, now has a net worth of over $630 billion, nearly $400 billion more than the second-place guy.
The reason behind Tesla's recent stock pop has to do with its massive pivot to AI and self-driving cars, which got closer to actually making the company money this week.
Musk said that Tesla has begun testing robo taxis in Austin, Texas, without anyone on board, representing progress from the safety drivers that have been at the wheel for the past six months.
Investors place most of the value of Tesla in this robo taxi future,
which is why they may be ignoring the major problems affecting its meat and potatoes EV business.
On Tuesday, an administrative law judge in California ruled that Tesla has been deceptively advertising its autopilot and full self-driving driver assistance features, confusing customers into believing that they could let their car drive completely on its own when that's not the case.
Tesla could face a sales ban of 30 days in the state if it doesn't update its marketing.
Tesla shares did pull back from their record high yesterday, but right now, Toby, seems like the bulls are bucking the bears.