Peak Lobotomized American Consumer

SpaceX-Tesla Merger Speculation Grows As Decade Of Cross-Company Deals Reveal Deeper Integration Wedbush Securities' Dan Ives has pointed out for months the potential for a SpaceX-Tesla merger, discussing the possibility with Bloomberg in February and, more recently, on a podcast where he said the probability is 80% by 2027. Polymarket odds of a merger by the end of the year stand at 32%. Now, CNBC has joined the growing speculation that Musk may eventually merge Tesla and SpaceX into one mega-company. The report said: The two companies already have a laundry list of...

Ferrari Reportedly Tells Buyers To Buy Unpopular Luce To Move Up On Wait List Ferrari is reportedly using its first-ever EV, the Luce, a €550,000 model that looks more like a cross between a Tesla and a Kia, as a loyalty test inside its highly coveted allocation system. Ferrari's allocation system is a notoriously exclusive, invitation-only process managed directly by the factory in Maranello. Rather than using waitlists, Ferrari curates ownership by evaluating a buyer's loyalty to the brand, requiring customers to build a multi-million-dollar history of ownership, participate in factory...

Pentagon Releases Video Of Marines Landing On Iranian Ship By Monday morning US Central Command had released fuller video showing the dramatic night vision footage of Sunday's capture of an Iranian-flagged cargo ship, after it refused to follow US orders to withdraw from its planned passage through the Strait of Hormuz. The Pentagon soon after the interdiction and boarding released a very brief, limited clip of a US warship firing on the vessel from afar - or also what might have been a warning shot. Later it released short footage of...