Port Authority payroll crosses $1.2 billion with more than $200 million spent on overtime. Meanwhile, The Port Authority raised bridge and tunnel tolls 3% in January while eliminating some off-peak E-ZPass discounts.
The company has been hit by collapsing sales in China, U.S. tariffs and costly investments in electric vehicles that have yet to produce the expected returns...
The phrase "meme stock" often evokes images of GameStop, AMC, and armies of retail traders coordinating on social media. Tesla, however, predates that era.
"The US models are expensive, and for a lot of basic things, you don't need them. It's overkill, like trying to drive a sports car on a crowded city road."
META has quietly crossed a line that separates traditional blue-chip technology companies from momentum-driven meme stocks. (In other news, META is at their favorite price point today, $666.)