Tesla Tumbles, Erases ‘Earnings’ Gains As Going Private Chaos Turns “Ominous”

In the aftermath of Musk’s bizarre, emotional tell all in the NYT, as Tesla’s “going private” chaos turns more “ominous”, and as the SEC continues to get ever closer, while new lawsuits for market manipulation are filed daily by disgusted shorts against Elon Musk, investors…

Elon Musk Launches Bizarre Public Spat with Thai Hero Rescue Chief

Elon Musk – continuing his recent streak of bizarre behavior – has publicly questioned the authority and expertise of one of the key individuals responsible for successfully navigating the rescue of 12 boys and one soccer coach trapped in a cave in Thailand.  If there…

Mnuchin Calls Bloomberg, WSJ Stories Of China Investment Restrictions “Fake News”

In a bizarre development, one day after the FT, WSJ and Bloomberg all reported that the US is preparing restrictions on Chinese investments in the US, moments ago Steven Mnuchin tweeted – on behalf of Donald Trump –  that the stories are “false, fake news.”…

Malaysia Tries Crowdfunding To Repay Soaring Public Debt

In a world where bizarre crowdfunding campaigns have become all the rage, with good samaritans even venturing to raise $30,000 so that a cash-strapped Kim Jong-Un can stay in his Trump Summit hotel… … a politically turbulent Malaysia, whose currency and stock market recently plunged,…

Buffett Offered To Make $3BN Investment In Uber But Deal Fell Apart

In the most bizarre deal news of the day, Bloomberg reports that in what is supposed to be a repeat of Warren Buffett’s 2008 “bailout” of Goldman Sachs, the Berkshire boss proposed investing $3BN in Uber but the deal fell apart as a result of…

Why One Hedge Fund Thinks Tesla Is Worth $0: The Full Presentation

With Elon Musk’s public behavior becoming increasingly erratic, irrational and bizarre – just over the weekend trolling Warren Buffett that he is “super serious” about attacking Berkshire’s Candy moat, just hours after he threatened Tesla shorts with “unreal carnage” in a tweet that some have…

“Musk Meltdown”: Tesla Tumbles After Elon Cuts Off Conference Call Question

Things for Tesla just went from bad to worse when in one of the most bizarre conference calls since Jeff Skilling had some choice words for Richard Grubman, Elon Musk unexpectedly and abruptly cut off the earnings call when he encountered a question he appeared…

EU Raids London HQ Of Murdoch’s Fox; Documents, Computer Records Seized

In a day full of bizarre twist and turns, and not long after the FBI raided the office and home of Trump’s personal lawyer Michael Cohen, moments ago the UK’s Telegraph reported that the British headquarters of the Murdoch entertainment empire 21st Century Fox have…