Tesla faces 2018 reckoning as Model 3 hurdles loom
Tesla trades around 389.61 earlier in September then off about 20 percent. The company valued at about 53.3 billion trails GM and faces bottlenecks in Model 3 production. Musk cites an unidentified supplier and learning automation while labor tensions and battery partnerships with Panasonic and Toyota loom large for the automaker.
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How Tesla compares to General Motors
Tesla and General Motors face stark scale differences. GM cites $59.4 billion market value versus Tesla at $53.3 billion, with enterprise values of $136 billion for GM and $62.9 billion for Tesla. GM employs 225,000 people vs Teslas 33,000, and GM reported stronger Q3 revenue and net income, while Tesla delivered 781,056 vehicles in the period and $3.0 billion revenue.
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New Year’s Eve cold across major cities in 1962 report
AccuWeather said New Year's Eve will bring frigid air and gusty winds across the region with subfreezing highs. Wind chill advisories stretch from Maine to New York as New Yorkers brace for extreme cold and layered clothing guidance from the city Emergency Management agency. Buffalo and Chicago see bitterness while New York hint remains uncertain for snow.
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Republicans Attack ABA Bias in Judicial Reviews
Republicans charge the American Bar Association with liberal bias as they push to fill federal courts with conservative judges. The ABA recently rated Trump nominee L Steven Grasz as not qualified for temperament, triggering Senate opposition and debate over the role of the ABA in judicial selections.
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Mississippi
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Iowa
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JFK files show panel doubts on KGB defector evidence
House committee probing Kennedy assassination questioned Yuri Nosenko’s testimony that the KGB did not recruit Lee Harvey Oswald during his defect to the Soviet Union. Lawmakers urged caution, noting CIA and FBI debates and a 1964 McCone memo describing Nosenko as a potential plant.
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