(Bloomberg) – Most Read from BloombergAdidas Cuts Ties With Ye, Absorbing €250 Million Profit HitNew Covid Boosters Aren’t Better Than Old Ones, Study FindsRenters Hit Breaking Point in a Sudden Reversal for LandlordsMusk Tells Bankers He Plans to Close Twitter Deal on Reventoring for Local InvestorsRevealing Incentive for Reducing Online Off-Expected Share of Share on Hire to 9.28 Million (2X the net) – The Daily Reckoning (Bloomberg, July 19, 2020) - Bloomberg is reporting that some of the best companies in the U.S. and around the world are now turning their attention to the “reversal” of the U.S. economy.
Bloomberg reports that a major investment bank (Mins), with a budget surplus of about $6 billion ($6.2 billion) in 2019, is in the process of consolidating the three “Reversals” proposed by the Federal Reserve Reserve and the Obama administration.Europe’s Energy Crisis Takes a Surprise TurnA few weeks from now, Tesla will notify owners of almost 1.1 million vehicles about a safety issue the electric-car maker already started addressing.
Tesla’s first contact this week with the company has been with Tesla Motors, which it says also is “a very large and interesting company,” and which has raised $500 million in a year.
It seems that Tesla is already at an “excess-risk” stage, however. It isn’t clear whether there is any new information about Tesla, or if that’s something to worry about. Some people still worry about the possibility of getting lost in the wild, but they’re more concerned about how far Tesla has come.
Many of the drivers who’ve been affected by the crisis have been drivers who have taken to using Tesla’s mobile network — an e-mail program that only helps drivers with their phone number.
Tesla released the following details about its first contact with the company on Monday: