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Tesla (TSLA) short sellers are finally hopping onboard the Tesla train as it would seem after short interest in the stock continues to slide and reach its lowest point this year. The short interest decline comes despite recent news that production of Tesla’s mass market Model 3 was facing manufacturing bottlenecks and failed to meet the company’s third-quarter guidance. Looking at TSLA’s historical short interest chart and one can see that the negative investor sentiment or volume of shares sold short continues to decline, a far departure from June when Tesla was named the largest shortest stock in the U.S. equity market. “These guys [Tesla short sellers] want us to …

In just a handful of hours, a reused Falcon 9 rocket is expected to lift off from SpaceX’s Florida-based LC-39A launch pad, the second launch for the company in just under 60 hours. SES-11, scheduled for launch at 6:53 p.m. EDT (3:53 p.m. PDT) on October 11, will be yet another important step along the path of normalizing reuse in the launch industry. If the successes continue unabated, more and more of SpaceX’s customers are bound to become friendly to the prospect of launching aboard refurbished Falcon 9s, especially if launch costs begin to appreciably decrease as a result. Falcon 9 1031 ready to conduct its second launch with SES-11. (Tom Cross/Teslara…

1. Is it good if a vacuum really sucks? 2. Why is the third hand on the watch called the second hand? 3. If a word is misspelled in the dictionary, how would we ever know? 4. If Webster wrote the first dictionary, where did he find the words? 5. Why do we say something is out of whack? What is a whack? 6. Why does "slow down" and "slow up" mean the same thing? 7. Why does "fat chance" and "slim chance" mean the same thing? 8. Why do "tug" boats push their barges? 9. Why do we sing "Take me out to the ball game" when we are already there? 10. Why are they called " stands" when they are made for sitting? 11. Why is it called "after…

What is it? A company will structure its classes of shares to assign more voting rights to certain shareholders. Companies hold elections to select board members and decide company policy. Here’s a quick example Uber categorized its shares into Class A and Class B shares. Class A shareholders had one vote per share Class B shareholders had 10 votes per share But Uber recently nixed any classes of shares with additional voting rights (i.e. Class B) to strip voting power away from ex-CEO Travis Kalanick. What’s the point? Creating Class B shares has become a common strategy for tech companies (and others) to concentrate ALL VOTING POWER wi…

Dell is investing $1 billion into R&D for IoT.

You can now join Porsche’s subscription service for $2,000 a month…if you live in Atlanta that is.

British defense giant BAE Systems will cut 2,000 jobs.

The reality of virtual reality is slowly setting in. The maker of your first flip phone, Nokia, is powering down its orb-shaped VR camera, OZO. First on Nokia’s list of “what went wrong”: OZO’s $60,000 price point—apparently VR isn’t worth mortgaging your house over. But even the industry’s less-pricey models have been slow to catch on. Sony slashed its Playstation VR price in August, and Facebook has lowered the tag on its Oculus VR twice already. The decision means 310 Nokia employees will get the ax (close to 30% of its tech arm) and serves as another reminder it’s not cut out for hardware. But Nokia’s brainiacs are going to give it one more shot, turn…

Manufacturing conglomerate Honeywell (-0.20%) announced a significant restructuring plan after a good, hard look in the mirror (and a lengthy portfolio review). Since we even struggle making our bed every day, we have to ask: how do you restructure a $109 billion company with 17 business units that makes everything from Alaskan fishing boots to jet propulsion engines? If you’re new CEO Darius Adamczyk, here’s one way: First, spin off your HVAC/fire protection and transportation businesses into two separate companies (together, $7.5 billion in annual revenue). Then, double down on your aerospace business that accounts for 36% of your total revenue. …

We’ve said it once, we’ve said it 1,000 times: don’t falsify data on your steel inspection certificates. But Kobe Steel, Japan’s third largest steel producer, apparently didn’t take our advice. It disclosed that employees fabricated data for Kobe’s aluminum and copper products from September 2016 until this summer. In other words, workers claimed metals met strength requirements…when that wasn’t the case. Kobe Who? Kobe Steel isn’t you’re average steelmaker. It supplies some of the largest aircraft and auto manufacturers in the world, like Boeing, Mitsubishi, Subaru, and Toyota. And now, about 200 companies are desperately checking their fuselages and chassi…

“We take reports of misuse of our platform seriously.” Microsoft is now investigating Russian ads on Bing during the 2016 election. Add it to the Googles, Facebooks, and Twitters of the world.

Tesla shares saw a boost on Tuesday after Morgan Stanley raised the stock’s 12-month price target from $317 to $379. Analyst Adam Jonas told investors that electric vehicles are expected to reach 520 million units by 2040 and any automaker looking to compete within the sector must have a plan for a charging infrastructure. “Infrastructure (of lack thereof) is the ‘elephant in the room’ of the EV revolution,” said Jonas in a note. “Compared to other OEMs (Original Equipment Manufacturer), Tesla has made the biggest proprietary investment in superchargers and destination chargers globally. In most communities, we believe this infrastructure is larger than it needs to b…

Richard Thaler, professor at the University of Chicago Booth School of Business, was awarded the 2017 Nobel Prize in Economics. Thaler’s research into irrational human behavior (like how NFL teams overvalue draft prospects) challenged “classical economics,” which depicted humans as perfectly rational actors. Of course, thanks to Thaler and his fellow researchers, we know people make economic decisions for all sorts of reasons. Let’s learn more about Mr. Irrational himself: 200%—The amount you could overvalue something once you have it already in your possession. Thaler and colleagues called this irrational behavior the “endowment effect.” 9 million—The number o…

Air Berlin will stop operating flights by the end of October.

This is crazy! Beyond common sense. You can lose your job or be taken to court if you forget one of the 58-67 gender types (whatever the number they have in the legislation) - and this is more criminal than deliberately giving another person AIDS? Why not just make it "other". Why must we start to differentiate people on their sexual preferences and surgery histories? Well, we all know this types of madness is part of the time of the end because there is no more "right or wrong" behavior. Everything in "subjective" - like beauty.

via ScitechPress.org

The Turkish lira (-2.4% against the dollar) and the Borsa Istanbul 100 Index (-2.7%) took a beating when both the U.S. and Turkish governments announced they would stop issuing most new visas to each other’s citizens. Even though the U.S. and Turkey are NATO allies, they’re desperately in need of couples therapy. The relationship first turned sour when Turkish President Erdogan accused the U.S. of harboring a cleric who (allegedly) instigated a failed coup in 2016. And now there’s this visa debacle, coming days after Turkish authorities arrested a U.S. embassy employee in Istanbul…also in connection with the coup. The quasi-diplomatic crisis finds the Tur…

Inter Ikea (Ikea’s parent company) is turning to third-party sites to sell its furniturein what might be the biggest consumer-facing development in its 74-year history. Torbjörn Lööf, Inter Ikea’s full-time CEO and part-time Viking, is reacting to declining foot traffic at suburban locations. He plans to bring more stores into cities and ramp up the retailer’s online presence—unfamiliar territory for Ikea. But it’s due for a 2017 makeover. In addition to selling furniture through potential partners like Amazon and Alibaba, Ikea is moving toward: Smaller shops, furniture pick-up points, and tech-focused in-store features. The gig economy—Ikea…

There was a man who said, "I never knew what happiness was until I got married...and then it was too late!" Love is one long sweet dream, and marriage is the alarm clock. They say when a man holds a woman's hand before marriage, it is love; after marriage, it is self-defense. When a newly married man looks happy, we know why. But when a ten-year married man looks happy, we wonder why. There was this lover who said that he would go through hell for her. They got married, and now he is going through hell. A Code of Honor: Never approach a friend's girlfriend or wife with mischief as your goal. There are just too many women in the world to justify that sort of…

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General Motors issued a press release on Monday announcing that it will acquire Strobe, a California-based technology startup that makes affordable chip-scale LIDAR technology for self-driving cars. An 11-person team from Strobe will be joining GM’s Cruise Automation unit as part of the acquisition. With more affordable and higher accuracy LIDAR sensors coming to market, automakers that are looking to transition to all-electric fleets are assessing the strategic value with investing into self-driving technology. GM’s purchase of Strobe can be seen as just that. Acquiring a small and nimble startup that has a core focus on developing the key sensor used in autonomous …

After the first spy photos of an unconfirmed Tesla semi-truck prototype hit the internet ahead of the company’s November 16 unveiling event, graphic artist Jan Peisert took to his digital canvas to produce a clearer rendering of what Tesla’s upcoming big rig might look like up close. If the name Peisert rings a bell, it’s because the aspiring car designer and head of Peisert Design had previously given us a reimagined look at the next generation Roadster convertible as well as the Tesla Model Y compact SUV rendered on a Model 3 platform. Peisert tells Teslarati about seeing the first spy shot photos of the Tesla Semi, “When I saw the leak, I just had to bring it to l…

For the 14th time in 2017, SpaceX have conducted a flawless launch of their Falcon 9 workhorse rocket and the 10th successful recovery of a Falcon 9 first stage. Before sunrise on the West coast, Falcon 9 1041 lifted off from Vandenberg Air Force Base, California with the third payload of ten Iridium NEXT satellites, 21-30. SpaceX launched the 20 satellites preceding this flight in January and June earlier this year. After dispatching the rocket’s second stage and payload on a path to orbit, Falcon 9 1041 performed a feat that now almost feels routine, landing with dead-center accuracy several hundred miles off of the West coast aboard the drone ship Just Read…

We stand before you today to bid farewell to a bright, yellow soul. It taught us how to “lol,” when to “brb,” and even shared with us the occasional “ROFL.” And now, ball4lyfe will send his last messages before December 15th, when AIM enters its eternal slumber in cyberspace. Childhood AIM was brought into the world by AOL engineer Barry Appelman in May of 1997. That night, it took its first steps with 900 initial users…and it wasn’t long before the growth spurt began. Everyone wanted to be like AIM. There was Yahoo Messenger in 1998, MSN Messenger in 1999, and Jabber, which integrated all three messaging platforms in the early 2000’s. Even Apple’s first v…