BMW insiders: Tesla CEO Elon Musk “is using us for PR purposes.” Stung by Daimler’s and Toyota’s exit, he wants to “decorate” himself with the name BMW.
Bank regulators fret about reckless lending and risks to the banks. But when this doozie pops, it will hit sales, production, services, railroads…. It won’t go away quietly.
Taxpayers get milked. And California’s environmental laws, signed by Gov. Reagan, get shafted. Very ironic for a company that hypes its “green” credentials.
So let’s get one thing straight. Uber is not an exciting entrepreneurial endeavor. Quite the opposite. It’s backed by three of the largest corporations in the world, all merged together to again outspend the underdog and disrupt the middle class.
