"Hubris Generally Precedes Clusterf**k": Does It Smell Like Victory?

Slower EV Sales Will Be The "New Normal" For Tesla Amidst AI, Robotics Push Tesla Inc. is increasingly betting its future on AI, autonomy and robotics — but it still depends on selling cars to finance that shift, and that core business is under pressure, Bloomberg reported this week.  Wall Street estimates point to roughly 372,160 vehicle deliveries last quarter. That would mark an 11% increase from a weak year-ago period, yet still place among Tesla’s softer recent results and far below its near-500,000 peak quarters. Earlier headwinds — including political...

US Blocks Regular $500 Million Cash Pallets Flown To Iraq, Over Pro-Iran Militias In confirmation of some early reporting we featured at the start of this week, The Wall Street Journal has verified something that Iraqi officials themselves were denying just days ago: the US is blocking Iraq's regular dollar shipments in order to pressure it's Iran-backed militias. "The Trump administration has suspended U.S. dollar shipments to Iraq and frozen security cooperation programs with its military, escalating the pressure on Baghdad to dismantle powerful Iranian-backed militias," said Iraqi and US officials interviewed in...

Iranian forces boarded a ship near the UAE. The vessel potentially contained a cache of weapons.  On Thursday, armed men boarded a ship near the United Arab Emirates, and it sailed to Iranian waters. The vessel has been identified as the Honduras-flagged Hui Chuan. The BBC reports that the ship was being used as a […]