As Tesla Shares Plunge Again, Bets On The Company's Ultimate Demise Are Increasing

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As Tesla Shares Plunge Again, Bets On The Company's Ultimate Demise Are Increasing

Yikes. That was my first reaction to published reports that Morgan Stanley’s Adam Jonas had this morning lowered his “worst-case” valuation on Tesla shares to $10 per share. By Jonas’ calculations, the worst-case would involve Tesla missing his Chinese …
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APRA 'game-changer' to boost prices

The Australian Prudential Regulation Authority’s easing of mortgage serviceability rules was a “game changer” for housing markets, said Mark Steinert, head of listed developer Stockland. The prudential regulator’s plan to scrap the 7 per cent serviceability test …
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Alarming Lessons From Facebook's Push to Stop Fake News in India

The world's largest election has become something of a test case in how technology giants handle fake news after years of scandal. It's not working
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Kohl's misses same-store sales estimates, shares fall 10%

(Reuters) – Kohl’s Corp missed Wall Street estimates for quarterly same-store sales on Tuesday for the first time in two years, sending shares of the department store operator down over 10%. Sales at stores open for at least a year fell 3.4%, coming below …
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Self-driving trucks begin mail delivery test for US Postal Service

(Reuters) – The U.S. Postal Service on Tuesday started a two-week test transporting mail across three Southwestern states using self-driving trucks, a step forward in the effort to commercialize autonomous vehicle technology for hauling freight. The TuSimple …
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