Search Results for: koch industries

The Media’s Story About Tesla Is Wrong, Facts Tell Another

Tesla’s stock is tumbling in the largest decline in TSLA history, and the media is in a frenzy. The headlines on Tesla are starting to include the words such as “troubles,” “struggles,” and even “doomed.” The narrative says Tesla’s demand is falling, its balance sheet is in terrible shape, and Tesla will run out of cash in 10 months. The narrative also claims that Tesla will miss expectations in the second quarter, and one analyst says that Tesla might go to $10/share from the current $190, which is already down >50% from the highs. However, the data show that none of that is true. Tesla’s orders are at an all-time high in North America and worldwide, the balance sheet is the strongest it has been in 6 quarters, and the average 12-month price target among analysts is $276/share, or 46% higher than today’s price.

In Budweiser’s “Wind Never Felt Better” Super Bowl Commercial, Renewable Energy Takes Center Stage

With renewable energy constantly in the news these days — AOC’s tweets, the Sunrise Movement’s activism, the Tesla phenomenon, solar energy’s rapidly dropping costs — is it any surprise that Budweiser is joining the trend? Anheuser-Busch’s Budweiser has a definite appeal to a green audience in its Super Bowl LIII commercial, titled “Wind Never Felt Better.”