Introduction LO: The article below is an example of why China is curtailing its distribution of data-info to foreign governments and markets. For example: see the “too sensitive” comment in the 6th paragraph of the Economist article below. The article is also an example of the dangers of an absence of a dualism beween Knowledge and Power. In monism, everything is...
Early 2022, a subsea internet cable was cut. TBO: “The cable is operated by Space Norway, and also serves the SvalSat park of more than 100 satellite antennas. SvalSat is today the world’s largest commercial ground station with worldwide customers.” Given its purpose, sabotage was likely. The Barents Observer: “ “The failure did not in any way change the ability to...
Intro LO: Apple’s decision (to cancel its autonomous electric car project) may well be far more important than it looks like. Probably, it will also imply that Tesla will never be able to deliver on its many (similar) promises. Once that thought sinks in, Tesla’s share price will sink further. Autonomous driving has five (or six) levels (source): Level 0: no Driving...
Reuters title: Hertz pops its EV bubble By: Joseph White, Global Automotive Correspondent Date: 12 January 2024 "Hertz will dump 20,000 electric vehicles, many of them Teslas, from its fleet and buy more gasoline cars instead, slamming the brakes on an electrification strategy that has proven more costly than management expected. Hertz shares slumped on the...
Bloomberg title: Hertz’s Tesla Fire Sale Portends EV Reckoning No One Wants Bloomberg subtitle: The only ones making out well are used-car bargain hunters. By: David Welch Date: 12 January 2024 “Hertz’s Electric U-Turn Want to buy a Tesla for less than $18,000? Bargain hunters can find Model 3 sedans that cheap following the decision by rental-car giant Hertz...
Bloomberg title: Why America’s Car Buyers Are Rethinking EVs Bloomberg subtitle: High sticker prices, steep financing rates and range anxiety will fuel a slowdown in US electric-car adoption this year. By: Keith NaughtonDate: 4 January 2024 “When Debbie Mettenleiter’s old Hyundai needed replacing after racking up 200,000 miles, she decided to jump on the electric...
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