Jump to content

Sign in to follow this  
Guest

Tesla subpoena hearing update: Claims of corruption in Michigan

Recommended Posts

Guest

Assistant Attorney General Rock Wood, who represented the legislators, told Judge Ellen Carmody Thursday that courts generally only lift the veil of internal communications for criminal cases and for civil cases involving voting rights and redistricting, as reported by the Detroit Free Press.

“There would be no reason to make an exception for the Tesla lawsuit,” Wood said.

Wood went on to say that if Carmody allows access to lawmakers’ records in such a case, there will be a raft of lawsuits aimed at harassing and intimidating lawmakers to the extent that “legislators are spending all their time on this, and can’t legislate,” Wood said.

Tesla attorney John Bursch, a former state solicitor general, said there’s no privilege for communications between lawmakers and third parties, such as lobbyists.

And because the case is about potential economic discrimination that harms consumers and violates the commerce clause of the U.S. Constitution, communications among lawmakers and between lawmakers and their staff members are also subject to subpoena, Bursch

    Hello guest!
.

The electric automaker had subpoenaed records from Governor Rick Snyder, Senator Joe Hune and Representative Jason Sheppard and others in its federal lawsuit against Snyder.

Tesla especially zeroed in on Senator Hune, who has

    Hello guest!
from the Michigan Automobile Dealers Association. According to the
    Hello guest!
, Tesla attorney John Bursch said in court Thursday that Hune was subpoenaed because he introduced the last minute amendment that effectively created the Anti-Tesla law and that his wife, Marcia, “works for the auto dealers” as a registered lobbyist employed by a firm that has the Auto Dealers of Michigan as a client.

The Hunes had not responded to Detroit Free Press’s request for comment and Sheppard declined a comment through a spokeswoman.

The subpoena also included Representative Sheppard, who wasn’t in office at the time. His inclusion comes from his statement to a Tesla representative that Michigan auto dealers and manufacturers don’t want Tesla in Michigan, “so you’re not going to be here,” as 

    Hello guest!
.

The subpoena hearing stems from a lawsuit against Snyder, Michigan’s Secretary of State Ruth Johnson and state Attorney General Bill Schuette over a 2014 state law that has colloquially become known as the Anti-Tesla bill. The law bans automakers from selling vehicles directly to consumers, which is Tesla’s sales model.

Tesla’s complaint outlines that the law’s purpose is “to

    Hello guest!
by handing them a monopoly,” as we previously reported.

Tesla is seeking two things from the lawsuit: a declaratory judgment that Michigan’s ban on direct-sales violates the Due Process, Equal Protection, and Commerce Clauses of the Constitution as applied to Tesla and a permanent injunction preventing state officials from enforcing the law, including the October 2014 amendment.

The post

    Hello guest!
appeared first on
    Hello guest!
.

 

Share this post


Link to post
Share on other sites

Sign in to follow this  

  • Similar Content

    • By admin
      Just one of those days... Shares of the electric car pioneer Hello guest! Please register or sign in (it's free) to view the hidden content.  sank 8% Thursday on 1 business headline and 1 legal one:
      Both its car production and deliveries were down across every Tesla modelin the last quarter of 2018. Elon Musk visited court after ignoring an SEC order for Tesla lawyers to screen his tweets pre-tweet (the judge gave him Hello guest! Please register or sign in (it's free) to view the hidden content.  to agree to a settlement with the SEC). 63K eCars delivered — But that's down 31%... And Tesla got right down to the excuses for 
      Hello guest! Please register or sign in (it's free) to view the hidden content. : Ships take time: Tesla began exporting its lower-priced Model 3 to China and Europe. It takes a while for them to get there. $$$: That US government subsidy to encourage electric car purchases? Just got cut in half, making Teslas more expensive for customers. THE TAKEAWAY  Tesla shares have no chill... The polarizing CEO attracts lovers and haters (think pineapple on pizza). Thursday's report makes Tesla's goal for 360K-400K car deliveries this year look unreachable, so investors piled on the hate and sold shares. They think it'll run out of money. Others still think it's the car company of the future.
    • Guest
      By Guest
      This story was originally published on Hello guest! Please register or sign in (it's free) to view the hidden content. .
      Renowned mutual fund manager and investment icon Ron Baron of Baron Capital is well-known for his conservative, long-term approach to stock picking. He’s been compared to Warren Buffett (both for his investing style and outstanding track record) and has 
      Hello guest! Please register or sign in (it's free) to view the hidden content. that Tesla “may be the most interesting” company he’s ever invested in over his 46 year career. Yesterday,
      Hello guest! Please register or sign in (it's free) to view the hidden content. interviewed Baron for his views on Tesla [NASDAQ: TSLA]. What is his forecast for the stock? “I think it is going to be about $500 to $600 next year, and I think it is going to be $1,000 in 2020.” At that time, Baron said, he expects the company to have $70 billion in revenue and to be earning $10 billion in operating profits. By 2020, Tesla says it expects to be selling one million cars per year.
      Hello guest! Please register or sign in (it's free) to view the hidden content. Baron is a major Tesla shareholder. He noted that he bought about 1.6 million shares at an average share price around $208 to $210. 
      Hello guest! Please register or sign in (it's free) to view the hidden content.  reports that “Tesla is the fifth largest holding in the Baron Opportunity Fund which first bought shares back in June 2014… [and] so far this year, the Baron Opportunity Fund has absolutely crushed the S&P 500 and its fund peers, surging 26%.”
      And Ron Baron is not alone when it comes to his outlook on Tesla. Yesterday, 
      Hello guest! Please register or sign in (it's free) to view the hidden content. reported that Berenberg (based in Germany) is also extremely bullish on Tesla — upgrading its price target to $464. Berenberg’s Alexander Haissl explains, “With no clear pathway to high-volume EV production for these OEMs [original equipment manufacturers] before the mid-2020s, Tesla will be given a near-monopolistic opportunity to gain market share and outcompete the incumbent automotive industry.” Berenberg’s Haissl also believes that Tesla’s “best-in-class cost base and production processes” will allow it to generate 50% more profit per vehicle than its competitors in the coming years. Haissel notes, “Tesla’s disruptive potential encompasses the vehicle, the entire production process and the product-to-market strategy. Once the business reaches scale, the cash generation potential is significantly superior to existing premium OEMs.”
      The post
      Hello guest! Please register or sign in (it's free) to view the hidden content. appeared first on Hello guest! Please register or sign in (it's free) to view the hidden content. .  
    • Guest
      By Guest
      Tesla has confirmed that it is now in talks with the Shanghai municipal government to build a Gigafactory and manufacture cars in the city’s tech sector, according to
      Hello guest! Please register or sign in (it's free) to view the hidden content. . “While we expect most of our production to remain in the U.S., we need to establish local factories to ensure affordability for the markets they serve,” Tesla said in a statement.
       [Photo credit: Tesla]

      Chinese regulations require Tesla to enter into a joint venture with a local company to manufacture vehicles in the country. While Tesla hasn’t announced a partner yet, all eyes are on Tencent Holdings, the Chinese internet company that holds a 5% stake in Musk’s company.
      The EV company has not said which vehicles it plans to produce in China if and when the deal goes through, but the Reuters report cites a supplier source who says the company is considering Model 3 and Model Y production there.
      The company plans to release more finalized plans by the end of 2017.
      Tesla has previously shared that it is looking to build vehicles and batteries in China which would allow the company to avoid a 25% tariff on vehicles it sold in the country. Last year, Tesla’s sales in China tripled to over $1 billion, or roughly 1/7th of its total sales.
      The company currently builds all of its vehicles in its Fremont factory in northern California and ships them worldwide, though the other half of its supply chain is firmly rooted in batteries. Tesla produces its newest 2170 lithium ion battery cells – the same cells being used in Tesla’s Model 3 – exclusively at Gigafactory 1 in Sparks, Nevada.
      Tesla shares popped 1.5% at the news of the talks, leading to $382 in midday trading.
       
    • Guest
      By Guest
      The case over Michigan’s ‘Anti-Tesla law’ will be dragged out well into 2018 as both sides are expected to provide a list of expert witnesses next month, and the pre-trial “discovery” phase is predicted to take months.
      A lawsuit of this magnitude has the potential to set national precedent in commerce and trade regulations as Tesla continues to defend its business model relying strictly on hype and word-of-mouth.
      “Any type of lawsuit like this — whether you win or lose — establishes a precedent,” said David Cole, chairman emeritus of the Center for Automotive Research in Ann Arbor in an article published in Hello guest! Please register or sign in (it's free) to view the hidden content. . “It’s hard to change the direction of that. It’s a big deal.”
      As Model 3 sales begin to roll out, the law is stifling business in a state where car manufacturing is the largest industry.
      The law bars Tesla from practicing its direct-to-consumer distribution model. New auto sales can only be conducted by franchised auto dealerships, which Tesla claims discriminates against out-of-state interests and is an unconstitutional infringement on their preferred business model.
      Tesla is currently finding ways around the law — consumers can order their Teslas online but they have to pick them up in neighboring states like Ohio or Illinois.

      In Detroit, affectionately referred to as “Motor City,” the automotive industry is the largest industry and largest employer in the entire state of Michigan. Nearly 5 percent of Michigan’s workforce is employed by the auto industry and the industry accounts for $42.4 billion, or nearly 11 percent of the state’s total Gross Domestic Product.
      It comes as no surprise that industry giants have powerful lobbyists working to further their agenda. Related political action committees have donated more than $1 million to state office holders since 2011, including all but two active legislators, according to the Michigan Campaign Finance Network as cited in the article.
      Revisions were made to the legislation in 2014, but Musk and company are claiming that these revisions are “protectionist” and are aimed at maintaining the status quo of sales regulations.
      Representative Aaron Miller (R-Sturgis), introduced legislation that would allow Tesla and other automakers to distribute directly to retailers rather than franchised dealerships, but the bill went nowhere. Miller is a fervent advocate for free-enterprise and is baffled by the states unwillingness to budge on the matter.
      “For me it’s simply common sense,” said Miller. “Refusing any company’s style with protectionist laws is just not the right thing to do. I don’t care if it’s Tesla, a small startup…someone who wants to sell jeans or baseballs directly should not have this sort of barrier to be in the marketplace.”
      In addition to the lawsuit, Tesla has also Hello guest! Please register or sign in (it's free) to view the hidden content.  any correspondence between lobbyists and state legislators containing communications regarding the 2014 amended law.
      Tesla claims it subpoenaed the legislators because of a June 2016 statements to the company that it will “not be allowed to operate in Michigan because Michigan dealers and manufacturers do not want Tesla in the state.”
      Legislators fought back with their claim that this subpoena is an attempt by Tesla to harass them for not submitted to Tesla’s demands.
      A trial date has not yet been set.

      Hello guest! Please register or sign in (it's free) to view the hidden content.  
    • Guest
      By Guest
      Home Depot announced that it is aligning with Tesla and GE to add solar installations at 50 stores as it pushes forward with its sustainable energy plans. The company said that the installations areessentially creating mini solar farms out of unused rooftops.”
      The initiative will reportedly reduce annual electricity grid demand by around 30 to 35 percent at each Home Depot store. The company wrote that this is “the equivalent of powering 2,300 average U.S. homes for a year.”
      The average Home Depot roof is about 104,000 square feet and is slated to accommodate 1,000 panels.

      22 stores in New York and California will be outfitted with the solar panels, six of which with Tesla Powerpacks so as to store and dispatch energy as needed. The remaining 28 stores will be powered by GE’s Current. Those stores will be located in New Jersey, Maryland and Washington, D.C.
      Source: The Home Depot PR
      “Our alternative energy projects are important elements of our sustainability and operations efforts as they reduce carbon emissions while also lowering our energy costs,”
      Hello guest! Please register or sign in (it's free) to view the hidden content. , Home Depot’s vice president of labor and operations. The company says that the solar additions to 50 selected stores will bring the company’s overall alternative energy footprint to more than 130 MW. Home Depot is aiming to utilize 135 MW of renewable energy by 2020, which will be in close range once the solar paneled stores come to fruition.
      The rooftop miniature solar farms are Home DepotÂ’s latest foray into clean energy. The company also boasts Solar Power Purchase Agreements in Delaware and Massachusetts and fuel cells at more than 170 stores and distribution centers.
      The company also announced the Los Mirasoles Wind Farm in Texas this January and in June added the Zopiloapan Wind Farm in central Mexico.
      Tesla Powerpack in Mira Loma Substation (Source: Tesla)
      As for Tesla’s involvement, its Powerpack is the company’s commercial battery systems. Powerpack was recently in the news after Transgrid, an Australian transmission operator, announced it would utilize a 250 kilowatt, 500 kWh Powerpack installation in New South Wales. The goal of that Powerpack was stated to be an ensured management of fluctuating energy demand as well as a preventive strike against blackouts.
      Home Depot says that the 50 stores will continue undergoing construction throughout the rest of 2017.

      Hello guest! Please register or sign in (it's free) to view the hidden content.  
    • By Jack Ryan
      Hello guest! Please register or sign in (it's free) to view the hidden content. Updated 6:11 p.m. ET Feb. 16, 2018 Keego Harbor Â— A quiet residential street became a horrific crime scene Friday with news that four people — a couple and their adult children — died in what police are describing as a triple murder-suicide.

      By late afternoon, some yellow police crime scene tape remained around the two-story wood frame bungalow in the 2300 block of Cass Lake Road where police were sent about 8:10 a.m. on a welfare check after a relative became worried about the family, Keego Harbor Police Chief John Fitzgerald said.
      One of four bodies is removed from the home of the 2300 block of Cass Lake Road. (Photo: Clarence Tabb Jr., The Detroit News)
      “A relative had concerns and asked us to look into it,” said Fitzgerald. “It’s tragic and our thoughts and prayers are with the family.”
      Inside the house officers found four bodies who neighbors identified as Daniel Stuart, 47, his wife, Lauren, 45, and their children, Bethany, 24, and Steven, 27.
      Fitzgerald said the “perpetrator” was among the dead but would not provide details other than to stress “we think we know what happened here and there is no danger to neighbors.”
      Fitzgerald said police have recovered what is believed to be the murder weapon but would not elaborate. He said all the deaths remain under investigation.
      Keego Harbor Police Chief John Fitzgerald briefs the media on the murder-suicide. (Photo: Clarence Tabb Jr., The Detroit News)
      Neighbors John and Jackie Tristani said they awoke Friday to learn police were outside the victimsÂ’ home.
      “My son said police were repeatedly calling out ‘Lauren, come outside,’ " said John Tristani. “When she didn’t respond they (police) went inside. A few minutes later, they came back outside, shaking their heads.”
      Tristani said he had been watching television late Thursday night and never heard anything from the Stuarts' home.
      Sources close to the investigation said the family pet, a dog, was also slain by the killer. Investigators also found a note which may help explain what led up to the deaths. They would not discuss its contents.
      The deaths puzzle the Tristanis, who knew Lauren Stuart as a “hard-working” neighbor who could often be seen working in her yard and remodeled the house largely on her own.
      “She would often come over and borrow tools – a saw, a pickaxe – whatever,” said Tristani. “She was always doing something.”
      The Tristanis said in one of their first meetings with Lauren Stuart a few years ago she attempted to “recruit” them into the Jehovah’s Witnesses.
      “I said we were Catholics and weren’t interested,” he said. “She accepted the answer and it was the end of that.”
      Lauren Stuart worked at an area gym, he said, and her husband was involved in some form of medical business in the Ann Arbor area.
      Darlene and Dennis Buck, who live a block away on Cass Lake Road, said they were enroute home from a trip to northern Michigan when they learned of the murder-suicide.
      “We have lived here since ’74 and nothing like this has ever happened in our neighborhood — not even close,” said Darlene Buck.
      Jackie Tristani said she found it all “scary” – not just the deaths but that something might have been going on in a neighbor’s home without her knowledge. She had tried to get Bethany a job at her workplace and her son knew both Bethany and Steven. There was never any mention or indication of trouble inside the home, she said.
      “I would hope that if there was a problem inside there someone would have reached out, we would have tried to help,” she said, her voice quaking. “Maybe we could have done something.
      “But you never really know everything there is about your neighbors, do you?”

      Hello guest! Please register or sign in (it's free) to view the hidden content.
    • Guest Nicole
      By Guest Nicole
      Leer esta nota: http://www.laprensa.hn/mundo/1154308-410/mujer-asesina-a-su-familia-tras-ser-expulsada-de-los-testigos-de
      Mujer asesina a su familia tras ser expulsada de los Testigos de Jehová, según amistades. Una mujer estadounidense de Detroit, Michigan, mató a su esposo, sus hijos y su perro antes de suicidarse el pasado fin de semana, en un caso que conmocionó a esa ciudad, informaron medios locales.
    • Guest Nicole
      By Guest Nicole
      SOUTHBRIDGE - People may see Randy Turk, 40, and his wife, Lisa, 43, dressed in their Sunday best any day of the week knocking on doors in their hometown of Southbridge or other communities. The couple, married nearly 20 years, isn’t selling anything during the 70 hours a month they walk the pavement and try to meet with residents. Mr. Turk says they are trying to “draw people closer to God.”
      Mr. Turk has been a Jehovah’s Witness for 27 years, one of more than 8 million followers of the religion worldwide.
      To support their volunteer ministry work, the couple work as sales representatives for Nature’s Best Oils. Mr. Turk also does consulting work for an auto parts manufacturing company in Michigan.
      How is your religion different from other Christian religions?
      “As Christians, we closely follow the teachings and actions of Jesus Christ. We believe that he is the key to salvation. We also believe in using God’s personal name, Jehovah. We appreciate that God’s kingdom is a real government that will bring about positive changes to the earth. We are focused on upholding the teachings of the Bible rather than religious traditions.”
      Why do you go door to door?
      “I love talking with my neighbors. Today, people are stressed. Some have even lost hope. Our desire is to share a positive message with people from the Bible. We strive to follow the example Jesus set in his ministry. His preaching work was motivated out of love. Our motive is the same.
      “Our preaching efforts are not just in Worcester County. Jehovah’s Witnesses speak to people about the Bible in over 240 lands throughout the world. Our Bible-based literature is translated in hundreds of different languages. All around the globe, Jehovah’s Witnesses work very hard to share the Bible’s hope for a grand future.”
      What response do you get from people?
      “Most people are very friendly. Some prefer that we are brief and get to the point. Since we appreciate their time, we try to share an encouraging thought in just a few minutes.
      “In Worcester County, there are many people who respond to our message in a different language. If I cannot communicate with them, I direct them to our website, jw.org. It is available in over 900 languages.
      “Many people are interested in what the Bible has to say. Most readers of our Bible-based literature are not even Jehovah’s Witnesses. Around the world, there are millions of people who study the Bible with us. Since people are busy, some may have only 15 minutes a week to study the Bible. We are more than happy to visit at a time and place convenient for them.”
      How would you like people to respond to you if they are not interested?
      “We realize that most people have their own beliefs and that not everyone is interested in our message. If they are not interested, they can kindly inform us. However, I always appreciate being given a few minutes to share something positive from the Bible.”
      How are Kingdom Halls different from other churches?
      “Kingdom Halls are a great place to worship God. It is a place where Bible study programs and lectures are held each week. All meetings begin and end with song and prayer. On Sundays, there is a 30-minute Bible discourse designed for the general public. After that, there is a question-and-answer discussion. Participation is always voluntary. No collections are ever taken. You can go to any Kingdom Hall and receive the same program of Bible instruction. I enjoy up-building association and the opportunity to praise God at the local Kingdom Hall of Jehovah’s Witnesses.”
      Can anyone attend a service?
      “Everyone is invited to attend. Every meeting is open to the public. Families are invited to attend and learn together. People are not obligated to join or become a member. I encourage everyone to experience the happiness and love found at the Kingdom Hall.”

      Hello guest! Please register or sign in (it's free) to view the hidden content.
    • Guest Nicole
      By Guest Nicole
      It was a transaction concocted on Twitter — and in a few short weeks, declared official: Tesla is helping to bring power back to Puerto Rico.
      Early this month, Elon Musk touted his company’s work building solar-plus-battery systems for small islands like Kauai in Hawaii and Ta’u in American Samoa. He suggested a similar setup could work for Puerto Rico. The U.S. territory’s governor, Ricardo Rosselló, tweeted that he was game. Musk replied quickly: “Hopefully, Tesla can be helpful.”
      After earlier reports of the companyÂ’s batteries arriving at San JuanÂ’s port, Tesla announced today that it has started constructing its first microgrid installation, laying out a solar field and setting up its refrigerator-sized Powerpack batteries to supply electricity to a childrenÂ’s hospital in the Puerto Rican capital.
       
       
      Read more: 
      Hello guest! Please register or sign in (it's free) to view the hidden content.
    • Guest Nicole
      By Guest Nicole
      THE MODEL 3, Tesla's long-awaited mass-market electric vehicle, launches Friday to what will no doubt be significant fanfare. The unveiling isn't only a coming-of-age party for the nascent car manufacturer; it feels like a significant moment in EV history, too. “It is the car that has been promised to us since the inception of this industry,” says Terry O’Day, who heads up marketing at the electric charging company EVgo. “It’s the moment that we demonstrate a mass-produced vehicle that is affordably priced and has features that don’t require consumers to compromise in any way.”
      That's a lot of pressure for the relatively small carmaker. What if it doesn't live up to expectations?
      The answer to that question almost doesn't matter. At least not for the general public. If the Model 3 does well, it's a win for the electric vehicle market. And if the worst happens—say, a factory grinds to a halt and creates gigantic production delays—future EVs can coast off Tesla’s cultural cache. This is the company that managed to make electric vehicles cool. (Remember when Tyler the Creator bought a Tesla?)
      So, in a sense, no matter the outcome, Tesla has already succeeded by pushing EVs into the public consciousness—and onto the market. The less sexy, but cheaper, Chevrolet Bolt is on the roads. So is the fully electric BMW i3, which will be followed by fully electric Minis and X3s in the next three years or so. Volvo’s making an electric pivot come 2019. Battery technology continues to improve at a surprising rate, and Bloomberg New Energy Finance predicts the number of electric cars on the road will overtake internal combustion ones by 2038.
      Read more: 
      Hello guest! Please register or sign in (it's free) to view the hidden content.
    • Guest
      By Guest
      https://www.theworldnewsmedia.org/forums/forum/19-tesla-motors/
       
    • By TheWorldNewsOrg
      via Hello guest! Please register or sign in (it's free) to view the hidden content. World News
    • Guest Nicole
      By Guest Nicole
      A fun, quirky perk about owning a Tesla is that you can always look forward to a new Easter Egg.
      In the past, Tesla owners have been able to turn the car shown on their infotainment screen into the the submersible Lotus Esprit S1 from the James Bond movie, "The Spy Who Loved Me." They've also been able to virtually drive down "Mario Kart's" rainbow road.
      Now, Model X owners can trigger a Christmas light show by holding the "T" button on their infotainment screen and entering the code "holiday." Doing so will prompt the Falcon Wing doors to swing open and a light show set to the tune of "Wizards in Winter" by Trans-Siberian Orchestra will begin:

      Hello guest! Please register or sign in (it's free) to view the hidden content.
    • Guest Nicole
      By Guest Nicole
      Tesla CEO Elon is the best car salesman in history. And as CEO of SpaceX, he's declared his intention to retire on Mars.
      But what are supercar-fast electric vehicles and low-Earth orbits in the face of ... roofing.
      Against all odds, Musk has become perhaps the biggest booster in the history of the roofing business, thanks to a new Tesla product, the Solar Roof, that officially went on sale Wednesday.
      It's the first post-Solar City-acquisition product that Tesla is selling, and it sounds as if it's been occupying at least as much of Musk's attention as the forthcoming launch of Tesla's Model 3 car.
      I can honestly say that I've never heard anyone express such enthusiasm about the top of house. As someone who has owned a few houses, my general reaction to discussions of roofs has been dread. They have to be replaced periodically, and that's expensive. Also, they have to be repaired. And they leak. 
      Musk doesn't share this dread. Just as he has a vision for Tesla's vehicles and for SpaceX's Mars-colonizing ambitions (as well as traffic-beating tunnels and artificial intelligence), so he has a vision for roofs. And it's actually rather exciting.

      Musk introducing Solar Roof in October of 2016.Tesla
      http://www.businessinsider.com/tesla-solar-roof-elon-musks-best-product-2017-5
    • By TheWorldNewsOrg
      via
      Hello guest! Please register or sign in (it's free) to view the hidden content. World News
    • By TheWorldNewsOrg
      via Hello guest! Please register or sign in (it's free) to view the hidden content. World News
    • By TheWorldNewsOrg
      via Hello guest! Please register or sign in (it's free) to view the hidden content. World News
    • By TheWorldNewsOrg
      via Hello guest! Please register or sign in (it's free) to view the hidden content. World News
    • Guest Nicole
      By Guest Nicole
      Sacconaghi: Bullish on Tesla long-term  Thursday, 9 Mar 2017 | 12:20 PM ET | 05:46
      Elon Musk's Tesla is a growing player in China, where the global fight to develop electric, self-driving cars is raging hot.
      Hong-Kong traded Tencent, a company best known for its WeChat messaging app, disclosed in a Tuesday filing that it's taken a 5 percent stake in Tesla for $1.78 billion. The investment follows Tencent's new stake in taxi-hailing app Didi Chuxing, which can be accessed through WeChat.
      "I think Tencent likely wanted exposure to a company that was growing very quickly in electric and autonomous" vehicles, said Tasha Keeney, an analyst on the ARK Industrial Innovation ETF (ARKQ), whose top holding is Tesla.
      "We think the autonomous mobility as a service market could be $10 trillion in gross sales globally by the early 2030s, and companies like Tesla or Baidu could take a cut of that," she said.
      Tesla declined to comment to CNBC. Tencent did not respond to emailed requests for comment.
      A Tencent spokesperson told The Wall Street Journal that "Tesla is a global pioneer at the forefront of new technologies. Tencent's success is partly due to our record of backing entrepreneurs with capital; Elon Musk is the archetype for entrepreneurship, combining vision, ambition, and execution."
      Tesla has 24 stores in mainland China, 114 supercharging stations and 348 regular charging stations, according to the automaker's website.
      Last year, China imported 11,839 Tesla vehicles, nearly five times the prior year, according to China market research firm JL Warren Capital. The firm's analysis also showed that China's market share in global shipments jumped from 5 percent to 16 percent last year.
      "In general, Tesla's done very well in China," said Brendan Ahern, chief investment officer at KraneShares. Tencent is one of the top holdings in KraneShares' exchange-traded fund KWEB.
      "There's a lot of effort in electric cars in China to help address the pollution issue," he said.
      Another Chinese tech giant, Baidu, has its own autonomous driving project, while Chinese automakers have joined the Western giants in the race to develop a viable electric car. The investment money has flowed the other way as well: Warren Buffett's Berkshire Hathaway is a top shareholder in Chinese automaker BYD.
      "If it weren't for Tesla, I don't think the state of the electric car market would be anywhere close to where it is," said Kevin Carter, founder of The Emerging Markets Internet & Ecommerce ETF (EMQQ).
      "Everyone is working on the electric car now, and almost everyone's working on the self-driving car, but the actual hardware of it [is made primarily by] BYD, Tesla," he said. "Who knows how this plays out? There's lots of things getting stirred together in this pot, lots of players, lots of money."

      Hello guest! Please register or sign in (it's free) to view the hidden content.
    • Guest Nicole
      By Guest Nicole
      A World War Two Navy veteran had the 94th birthday of a lifetime when we won $300,000 on a lottery ticket that his daughter bought him.
      After sending lottery tickets to family members on their birthdays for years, Ervin Smolinski, from South Branch, Michigan, was shocked when he was given a Double Bonus Cashword instant game ticket worth $300,000 on his own special day, according to Michigan Lottery Connect.
      As it was a family tradition, Smolinski had received multiple Double Bonus Cashword tickets as gifts on March 17, his birthday. "The big winner was the first one I scratched,” he said.
       
       
       
      Smolinski added that because he's "seen a lot" in his time, he doesn't get worked up too easily, so managed to stay calm when he realized he had won. He plans to spend his big prize on a new shed and a newer used car, as well as invest some of it. “I’m pretty frugal, I always shop sales and take care of my money and that won’t change. The only thing that will change is I won’t have as much stress in my life worrying about money,” he said.
      http://time.com/4712500/world-war-two-veteran-lottery/
    • Guest Nicole
      By Guest Nicole
      Two pioneers and ministerial servants  working here at the local community college in Battle Creek, Michigan, USA.
       

    • Guest Nicole
      By Guest Nicole
      Dos precursores y siervos  ministeriales, trabajando en la universidad local de la comunidad en Battle Creek, Michigan, los EEUU.
       

    • Guest Nicole
    • Guest Nicole
    • By JAMMY
      http://www.breitbart.com/big-government/2016/09/24/michigan-quintuplets-work-first-jobs-together-mcdonalds/
       

       
    • Guest Nicole
      By Guest Nicole
      Last weekend, Will.i.am's customized and heavily modified Tesla Model S was spotted street-parked in Beverly Hills. Luckily (or unluckily, depending on your aesthetic sensibilities) for us, someone captured a walk-around video of the thing.
      From the detailed video shot in the dark, we can see that the rear doors have been made into rear-hinged suicide doors. However, they still retain the stock handles that extend as the driver gets near.

      Hello guest! Please register or sign in (it's free) to view the hidden content.
    • Guest Nicole
      By Guest Nicole
      Dropping battery prices and increasing adoption will speed EVs along the price reduction curve.

       
       
      In little more than five years, it will be cheaper to buy and run an electric car than a gas-powered car. This, more than anything else, might be the tipping point that gets people off the gas teat.
      The figures come from Bloomberg New Energy Finance and rely on predictions that battery prices will drop and that sales of electric cars will jump, reaching 35% of global car new sales by 2040 or roughly 41 million vehicles. This would be a 90-fold increase on today’s electric vehicle (EV) sales.

       
       
       
      CHARLIE SORREL 08.16.16 9:45 AM
      In little more than five years, it will be cheaper to buy and run an electric car than a gas-powered car. This, more than anything else, might be the tipping point that gets people off the gas teat.
      The figures come from Bloomberg New Energy Finance and rely on predictions that battery prices will drop and that sales of electric cars will jump, reaching 35% of global car new sales by 2040 or roughly 41 million vehicles. This would be a 90-fold increase on today’s electric vehicle (EV) sales.
      "At the core of this forecast is the work we have done on EV battery prices, said BNEF’s Colin McKerracher in a press release. "Lithium-ion battery costs have already dropped by 65% since 2010, reaching $350 per kWh last year. We expect EV battery costs to be well below $120 per kWh by 2030, and to fall further after that as new chemistries come in."
      The people at Bloomberg also predict a recovery and rise of oil prices, which will make gas vehicles more expensive to run.
      Right now, EVs are being bought, like all new technology, by early adopters. But soon, like with cellphones, iPods and VCRs, the prices is supposed to drop and the rest of the population follows along. Eventually, driving your car to the gas station to fill up will seem as absurd as having to wait a week to get your photos back from the lab or queueing at the bank on a Friday lunchtime to withdraw enough cash to last the weekend.

      Another thing which may make electric cars cheaper is size, or a lack of it. A smaller car needs less power to move it around. Today’s huge cars are possible partly because gasoline is such an efficient way to store energy. You can move a lot of steel, glass, and plastic cup holders on a relatively small tank of gas. When we move to batteries, we might realize just how wasteful it is to haul around all that extra weight, and buy smaller cars instead.
      One reason people buy big cars is safety. When a big car hits a small one, the small one will come off worse. But if all cars were smaller, then that wouldn’t be a concern. The switch to electric and the rise driverless vehicles, presents a big opportunity for cities to rethink their infrastructure. Taking away parking spaces, or banning SUVs might be political suicide, but it’s a lot easier to control new things. For instance, subsidized charging could be banned in on-street parking spots or limited only to cars under a certain size. And as city centers are pedestrianized, delivery vehicles could be limited only to early-morning or overnight access (something already in effect in some cities), which means that small cars never have to meet big trucks.
      All this assumes that we keep using cars, when it might be better for everyone just to get rid of the things, in cities at least, and give all that space back to the people. That’s a long shot, though, so in the meantime we’ll settle for zero emissions, and silent electric motors over noisy machines that pump toxins into our air as they rumble by.

      Hello guest! Please register or sign in (it's free) to view the hidden content.




  • Recently Browsing

    No registered users viewing this page.

  • Posts

  • Topics

  • Members

    • JW Insider

      JW Insider 4,953

      Member
      Joined:
      Last active:
    • dennis

      dennis 1

      Member
      Joined:
      Last active:
    • Fug

      Fug 0

      Member
      Joined:
      Last active:
    • Thinking

      Thinking 81

      Member
      Joined:
      Last active:
  • Recent Status Updates

    • 4Jah2me  »  Srecko Sostar

      Hi Srecko. I hope you can see this photo. This is my daily driving car. It is outside a Dance Studio where  I have danced and hope to go dancing again, John 

      · 2 replies
    • Tennyson  »  Queen Esther

      Hello my sister, i have not head from you long sice. I hope you are wel. Hope to hear from you soon. Agape.
      · 0 replies
    • Doryseeker  »  4Jah2me

      *** it-2 p. 7 Jehovah ***
      The Codex Leningrad B 19A, of the 11th century C.E., vowel points the Tetragrammaton to read Yehwahʹ, Yehwihʹ, and Yeho·wahʹ. Ginsburg’s edition of the Masoretic text vowel points the divine name to read Yeho·wahʹ. (Ge 3:14, ftn) Hebrew scholars generally favor “Yahweh” as the most likely pronunciation. They point out that the abbreviated form of the name is Yah (Jah in the Latinized form), as at Psalm 89:8 and in the expression Ha·lelu-Yahʹ (meaning “Praise Jah, you people!”). (Ps 104:35; 150:1, 6) Also, the forms Yehohʹ, Yoh, Yah, and Yaʹhu, found in the Hebrew spelling of the names Jehoshaphat, Joshaphat, Shephatiah, and others, can all be derived from Yahweh. Greek transliterations of the name by early Christian writers point in a somewhat similar direction with spellings such as I·a·beʹ and I·a·ou·eʹ, which, as pronounced in Greek, resemble Yahweh. Still, there is by no means unanimity among scholars on the subject, some favoring yet other pronunciations, such as “Yahuwa,” “Yahuah,” or “Yehuah.”
      Since certainty of pronunciation is not now attainable, there seems to be no reason for abandoning in English the well-known form “Jehovah” in favor of some other suggested pronunciation. If such a change were made, then, to be consistent, changes should be made in the spelling and pronunciation of a host of other names found in the Scriptures: Jeremiah would be changed to Yir·meyahʹ, Isaiah would become Yeshaʽ·yaʹhu, and Jesus would be either Yehoh·shuʹaʽ (as in Hebrew) or I·e·sousʹ (as in Greek). The purpose of words is to transmit thoughts; in English the name Jehovah identifies the true God, transmitting this thought more satisfactorily today than any of the suggested substitutes.
      *** it-2 p. 7 Jehovah ***
      The Codex Leningrad B 19A, of the 11th century C.E., vowel points the Tetragrammaton to read Yehwahʹ, Yehwihʹ, and Yeho·wahʹ. Ginsburg’s edition of the Masoretic text vowel points the divine name to read Yeho·wahʹ. (Ge 3:14, ftn) Hebrew scholars generally favor “Yahweh” as the most likely pronunciation. They point out that the abbreviated form of the name is Yah (Jah in the Latinized form), as at Psalm 89:8 and in the expression Ha·lelu-Yahʹ (meaning “Praise Jah, you people!”). (Ps 104:35; 150:1, 6) Also, the forms Yehohʹ, Yoh, Yah, and Yaʹhu, found in the Hebrew spelling of the names Jehoshaphat, Joshaphat, Shephatiah, and others, can all be derived from Yahweh. Greek transliterations of the name by early Christian writers point in a somewhat similar direction with spellings such as I·a·beʹ and I·a·ou·eʹ, which, as pronounced in Greek, resemble Yahweh. Still, there is by no means unanimity among scholars on the subject, some favoring yet other pronunciations, such as “Yahuwa,” “Yahuah,” or “Yehuah.”
      Since certainty of pronunciation is not now attainable, there seems to be no reason for abandoning in English the well-known form “Jehovah” in favor of some other suggested pronunciation. If such a change were made, then, to be consistent, changes should be made in the spelling and pronunciation of a host of other names found in the Scriptures: Jeremiah would be changed to Yir·meyahʹ, Isaiah would become Yeshaʽ·yaʹhu, and Jesus would be either Yehoh·shuʹaʽ (as in Hebrew) or I·e·sousʹ (as in Greek). The purpose of words is to transmit thoughts; in English the name Jehovah identifies the true God, transmitting this thought more satisfactorily today than any of the suggested substitutes.
       
      · 1 reply
    • Isabella  »  admin

      💤

      · 0 replies
    • the Sower of Seed

      “HOW WILL CHANGE COME?”

      POSTED ON MAY 31, 2020BY CONTRIBUTORPOSTED IN IN THE NEWSTAGGED GEORGE FLOYD, POLICE, PROTESTS, RACIAL EQUALITY, THE ANSWEREDIT In a few short minutes you can easily understand what the near future holds as described by men who were inspired by God to describe it to you.
      Every race has individuals who hate. Will protesting bring any real change? Why do people hate seeing how George Floyd was murdered? Because God instilled in every human the desire for equality, a desire for a long peaceful life without pain and suffering. Would God instill that in humans if they could never live to enjoy it? NO, God’s purpose is for humans to live forever on a paradisaic Earth as they enjoy a relationship with Him and many others who will live in Peace and Security. Jehovah God does not see us as Black, White, Asian or Indian, Jehovah sees us as we are inside our minds, the inner person. Our bodies are only the generator that gives the mind power to think, to interact with our God. Jehovah created every race, in the proper light, we can see that this beautiful variety is a loving provision of God. Adam and Eve interrupted God’s Timeline for an Edenic Earth, but they did not force God to change His purpose for the Earth and humans. Now that billions live on Earth, How will people who hate others be singled out and removed from society? For six thousand years they have murdered their brothers, over and over again! One of the first men born on Earth murdered his own brother! How will change come? How can men like that be sorted out and how can violence be stopped?
      The Only Almighty God, Jehovah, inspired the Bible to give you the answer. What does the Bible say will happen to bring real change, Equality, Peace on Earth for every man, woman and child?
      Instead of changing the world,while on Earth, Jesus taught his followers to pray for God’s solution. Matthew 6:9,10 “You must pray, then, this way:“‘Our Father in the heavens, let your name be sanctified.10 Let your Kingdom come. Let your will take place, as in heaven, also on earth.”” He told them there would come a “special day”, a day that was set by his Heavenly Father Jehovah. Matthew 24:36 states “Concerning that day and hour nobody knows, neither the angels of the heavens nor the Son, but only the Father”. What will occur on that day? Earlier in the chapter Jesus stated :
      FIRST: VS:14 And this good news of the Kingdom will be preached in all the inhabited earth for a witness to all the nations, and then the end will come.
      SECOND: VS:21 for then there will be great tribulation such as has not occurred since the world’s beginning until now, no, nor will occur again.
      THIRD VS:29 “Immediately after the tribulation of those days, the sun will be darkened, and the moon will not give its light, and the stars will fall from heaven, and the powers of the heavens will be shaken.30 Then the sign of the Son of man will appear in heaven, and all the tribes of the earth will beat themselves in grief, and they will see the Son of man coming on the clouds of heaven with power and great glory.31 And he will send out his angels with a great trumpet sound, and they will gather his chosen ones together from the four winds, from one extremity of the heavens to their other extremity.
      Jesus taught his followers that God would set up a “Government in Heaven”(God’s Kingdom) that will change the way people live on Earth. This is the “Good News”. Jesus taught them that the Good News would be preached in all the inhabited Earth just before the great tribulation and then the “Great Day of God Almighty”.
      Why did the Good News have to be preached Earthwide? The Good News has to sides: ONE it comforts every one who seeks God’s Kingdom with real hope that is given us by God Himself: Hope they may never die, Hope they will have their body, health, youth and vigor restored, Hope they will see their dead loved ones resurrected here to life again, Hope they will be given their own land on which to build their own homes and gardens, Hope they will be able to travel the whole Earth and enjoy all that God has created for them to enjoy, Hope they will come to know the intimate person of God in even greater ways and be involved in doing His will forever! TWO: the Good News is used by God to warn every person who would turn away from His Will. This is just, on His part, to warn every adult before he ends their consciousness of life. He will judge every adult on Earth by their response to this Good News and their past and current actions and attitudes, then at His Command many angels will descend from Heaven ,at the hands of one of His mighty angels most of Earths inhabitants will be destroyed. See Matthew 13:36-43:
      FOURTH: CHAPTER 13:36 Then after dismissing the crowds, he went into the house. His disciples came to him and said: “Explain to us the illustration of the weeds in the field.”37 In response he said: “The sower of the fine seed is the Son of man;38 the field is the world. As for the fine seed, these are the sons of the Kingdom, but the weeds are the sons of the wicked one,39 and the enemy who sowed them is the Devil. The harvest is a conclusion of a system of things, and the reapers are angels.40 Therefore, just as the weeds are collected and burned with fire, so it will be in the conclusion of the system of things.41 The Son of man will send his angels, and they will collect out from his Kingdom all things that cause stumbling and people who practice lawlessness,42 and they will pitch them into the fiery furnace. There is where their weeping and the gnashing of their teeth will be.43 At that time the righteous ones will shine as brightly as the sun in the Kingdom of their Father. Let the one who has ears listen.
      The Almighty God Jehovah is able to read our thoughts,to see what we see, hear what we hear, feel what we feel, to know who we real are and our motivations. He read Cain’s thoughts about Abel his brother, He warned Cain before Cain murdered his brother, Cain was not detoured, his jealousy motivated him to kill his own brother. This is how God can bring about change: While under His Kingdom rule, His Spirit will examine the alarming bad thoughts when they arise, He will prevent anyone who would harm someone else in all the Earth, unlike today as we live this life outside His Kingdom rule. There will no longer be any need for police, for if someone decides they no longer want the beautiful life God promises us, you will only notice they are gone, you will look at their place and they just won’t be. Peace continues for everyone else! We will be truly free of the fear someone else can harm us, free on any harm or death! Praise Jah!
      King Solomon foretold at Proverbs 2:21 For only the upright will reside in the earth,And the blameless will remain in it. 22 As for the wicked, they will be cut off from the earth,And the treacherous will be torn away from it.
      King David foretold at Psalms 37:10 Just a little while longer, and the wicked will be no more;You will look at where they were,And they will not be there. 11 But the meek will possess the earth,And they will find exquisite delight in the abundance of peace. vs:29 The righteous will possess the earth,And they will live forever on it.
      Psalms 34:16 But the face of Jehovah is against those doing what is bad,To erase all memory of them from the earth
      Jesus foretold at Matthew 5:3 “Happy are the mild-tempered (meek), since they will inherit the earth.
      FIFTH After those ignoring Jehovah are removed from the Earth there are only those doing His will remaining. They are foretold to be survivors of the Great Day of God Almighty, they survive as the first citizens of God’s Kingdom. Daniel 12:1“During that time Michael will stand up, the great prince who is standing in behalf of your people. And there will occur a time of distress such as has not occurred since there came to be a nation until that time. And during that time your people will escape, everyone who is found written down in the book. Yes, because they exercised Faith in God and did His Will by “preaching the Good News of God’s Kingdom” and educated themselves about the many facets of belief in God and what He expects of humans, their names are written in God’s Book.
      Jehovah’s Witnesses have been preaching the Good News of God’s Kingdom for more than 120 years. There is STRONG EVIDENCE that the preaching has been accomplished Earthwide, yet in a spirit of thoroughness, Jehovah mercifully continues to keep calling to anyone who’s heart impels them to search for the truth, today He will let Himself be found by you until His Great Day Dawns. THEN the open door will be shut suddenly. There is prophetic evidence that Earths rulers will SOON be changed, then the SECOND aspect will burst into reality for Earth’s Inhabitants. NOW is the time to ACT! CHANGE IS COMING TO THE EARTH! WILL YOUR NAME BE FOUND IN GOD’S BOOK OF HIS FAITHFUL WITNESSES? WILL ANGELS DESCEND TO HARM OR PROTECT YOU?
      In conclusion, we can see God has set a day that “HE” will change the way mankind is governed. Those approaching God must seek the government that God will use to change from what we see in the world today to a planet of peaceful people, each on their own lot, praising God and lovingly respecting every other person as a worshiper of Jehovah, wanting to live forever in Peace and Security. How can we seek the Kingdom of God? How can we have our names written in God’s Book as faithful ones seeking His Guidance? Jehovah uses One Group of people today, we only have to look around the world to see who are preaching the Good News, Door to Door, in all the inhabited Earth as foretold at Matthew 24:14 as we first considered “And this good news of the Kingdom will be preached in all the inhabited earth for a witness to all the nations, and then the end will come.“
      Only Jehovah’s Witnesses are doing the expressed will of God, Announcing Jehovah’s Kingdom as they go door to door preaching the “Good News of God’s Kingdom” to all the inhabitants on Earth. We invite you to careful examine all our beliefs that are guaranteed by God Himself. Every belief has a foundation found in the written word of God. Join us as we seek first the Kingdom of God as the solution to mankind’s problems!
      FOR MORE INFORMATION ABOUT THE SURETY OF FUTURE EVENTS
      Please consider the many aspects of God’s Kingdom and How it will bring an end to protests, hate and death, Forever! by exploring the link and all of jw.org
       
      · 1 reply
  • Forum Statistics

    • Total Topics
      62,811
    • Total Posts
      122,366
  • Member Statistics

    • Total Members
      16,655
    • Most Online
      1,592

    Newest Member
    Edwig
    Joined
×
×
  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.