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Wave Of Cybertruck Owners Report "Zero Ability To Charge" As Power Conversion System Nightmare Deepens
Wave Of Cybertruck Owners Report "Zero Ability To Charge" As Power Conversion System Nightmare Deepens
For months, several auto news outlets and EV forums and auto-focused YouTubers have been tracking what some are calling a "hidden time bomb" inside Tesla's Cybertruck: a growing number of owner complaints linked to Power Conversion System failures.
The PCS failure, according to those reports, can paralyze charging and key electrical functions, in some cases leaving the roughly 7,000-pound stainless truck immobilized until service or replacement parts are available.
"Tesla is risking a backlash from Cybertruck owners...
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Jul 9, 2026 / Tyler Durden
SK Hynix's US Offering Reportedly Seven Times Oversubscribed
SK Hynix's US Offering Reportedly Seven Times Oversubscribed
The KOSPI struggled for direction overnight, erasing most of an opening rally that briefly pushed the South Korean main equity index up as much as 4.1%. The real strength was in memory stocks, with SK Hynix surging as much as 10% as investors piled back in. This move comes as Bloomberg reports the company's US ADR listing is more than seven times oversubscribed, underscoring strong institutional demand.
The report said SK Hynix is selling 177.9 million American depositary receipts, with each ADR...
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Apr 16, 2026 / Tyler Durden
India's Central Bank Tells Oil Refiners To Stop Buying Dollars On Spot Market
India's Central Bank Tells Oil Refiners To Stop Buying Dollars On Spot Market
By Julianne Geiger of OilPrice.com
India’s central bank has told state-run oil refiners to stop buying dollars in the spot market and instead use a government-backed credit line.
That matters because oil is priced in dollars, and refiners are some of the biggest buyers of dollars in the country. When they all go into the market at once to pay for crude, it puts direct pressure on the rupee. That pressure has been building for weeks.
The Reserve Bank of...
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Jun 16, 2026 / Tyler Durden
Are Banks More Powerful Than Governments?
Are Banks More Powerful Than Governments?
Authored by Mollie Engelhart via The Epoch Times,
Government is big. Elected and unelected officials wield enormous amounts of power. But lately I have found myself wondering whether we are paying attention to the wrong institution.
What if the most powerful institutions in America are not governments at all?
What if they are banks and payment processors?
A few years ago, during COVID-19, a friend of mine owned a small shop in Northern California. It was the kind of place many young mothers loved. They sold raw milk,...
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