Wow, that was fast. Margin calls.
Number five in two years. Here’s the list.
Ford is big loser, Hyundai-Kia big winner, and Opel is someone else’s problem.
Welcome to the Big Club of Saturation & Decline.
California’s rate payers & taxpayers likely on the hook, as we know from PG&E’s first bankruptcy in 2001.
Tickets are expensive. Alternatives are plentiful, convenient & cheap.
What SpaceX is trying to do has “bankrupted other organizations,” it said.
Nothing Goes to Hell in a Straight Line, not even on Wall Street.
This is a very cyclical business.
Investors are waking up after years of somnolent money-making.