Tesla drove its Semi truck with a 81,000 pound payload up a 6% incline. They drove 500 miles with a full load. The Tesla Semi has a 1000 volt powertrain versus the 400 volt powertrain in other vehicles. Tesla will use the 1000 volt powertrain in other vehicles. They will have version 4 superchargers that …
China has been the factory for the world for the past two to three decades but President Xi has made China too risky for business. There is potential for societal unrest in China with mass protests over Covid Zero and other policies. If you are maintaining a factory in China, you would want that factory …
Peter Zeihan is a geopolitical forecaster who uses simplified analysis and makes broad generalized predictions. He has predicted financial doom for China for over a decade. He does correctly identify things like demographic challenges which in some cases can cause a -1% drag on GDP growth for a country. However, he broadly assumes that no …
Cryptocurrency exchange FTX may have misused customer funds in violation of its own terms of service. Although, there is legalize needed to use uncertainty in the statement that crimes might have been committed. It is very apparent that financial crimes and theft and misuse of client funds did happen. FTX placed billions of dollars worth …
Here is a snapshot of the top 13 or so crypto exchanges for cryptocurrency, crypto exchanges for derivatives and distributed exchanges. Various exchanges already had problems before the recent collapse of FTX. Voyager went under. Now Genesis has frozen withdrawals. Crypto.com is in danger. Crypto.com’s Cronos token (CRO), fell 55% in a week before getting …
Here is analysis that makes that case that collapse of the FTX exchange and the FTT token ponzi is a faster version of what will happen to the japanese Yen and the UK Pound. Here is some data about external debt. The foreign debt (not in domestic currency) is what can be greater than the …
Alexandra Merz proposed that Elon Musk is raising more cash to buy Shift4 to accelerate the move of Twitter into payments processing. Jared Isaacman is the founder and CEO of the payment processing firm Shift4 Payments ($FOUR). He started the firm in 1999, at age 16, in his parents’ basement in Far Hills, New Jersey …
Tom Brady and his x-wife Gisele Bundchen are at risk of losing $650 million if crypto exchange FTX goes completely bankrupt. Tom and Gisele apparently invested $650 million in the FTX company. Tom Brady still has a three-year contract. Tom is getting paid $75 million this year which includes $45 million in endorsements. Brady makes …
Crypto exchange Binance is walking away from bailing out FTX. FTX has a shortfall of up to $8 billion. The Wall Street Journal reports that FTX Chairman and founder Sam Bankman-Fried is missing and may be on the run. As a result of corporate due diligence, as well as the latest news reports regarding mishandled …
It’s becoming increasingly important to focus on keeping your wallets safe. There are plenty of hackers and other cybercriminals looking to get their hands on your crypto investment. Check out five essential tips on how to make that doesn’t happen. One of the major topics in the world of crypto is security. The threat of …
Twitter has filed with a financial regulatory agency to process payments. This is the start of Elon Musk going back to his Paypal plans. Elon Musk had visions for reinventing finance with Paypal. Elon Musk will now use Twitter to realize those previously abandoned plans. Elon wants to integrate all financial data into one database, …
