
Why a tiny bit of oil can be a big deal
A century ago, in one small patch of Oklahoma, Texaco drilled an oil well. At first, the oil surged toward the surface as if it was desperate for air, propelled by the underground pressure that had built up over millennia. Then — as always — the torrent slowed. The aging well changed hands several …
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Tesla is in worse shape than you think
CNN — Things are undoubtedly bad at Tesla. Its sales are dwindling. Its profits are plunging, as is its share price. There are regular protests outside its showrooms. The Cybertruck is a flop. And somehow, it’s actually a lot worse than that. The 71% drop in net income it just reported may have been …