It is the 19th of September 2019

News

Auto OEMs Plan To Flood Market With New Electric Car Models Despite Massive Losses

Last month we noted that Tesla really outdid itself in 2Q 2017 by posting a record cash burn of $1.2 billion, or roughly $13 million every single day.  Per the chart below, Tesla's Q2 cash burn was just a continuation of the company's money-losing trend that goes back at least 6 years and seems to be getting worse with each passing quarter.

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Porsche And Mercedes Plot Musk Offensive With "Anything Tesla Can Do, We Can Do Better" Strategy

Tesla you have a problem, well several actually.

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Hookers Embrace 'War On Cash' - "Transactional Sex" Goes Digital

On the corners of Lagos' Sin Street, the purveyors of the oldest profession in the world have embraced the digital age. Amid the escalating 'war on cash', Nigerian hookers have turned to 'cashless sex' with point-of-sale machines.

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