There's no better example of groupthink taking over people's common sense than $41.7 billion clothing retailer Lululemon, who sells signature yoga pants for $128, holding a seminar on "resisting capitalism".
"We have gathered extensive evidence—including recorded phone calls, text messages, private emails and behind-the-scenes photographs—detailing dozens of false statements by Nikola Founder Trevor Milton. We have never seen this level of deception at a public company, especially of this size."
"If he were to cause problems by being disruptive, trolling, or engaging in unethical behavior of any kind, I would immediately document it (just like I would for any student doing the same thing) and he would just be putting himself in a position for me to file a conduct report."
If the rising taxes and complete loss of law and order in the midst of a global pandemic wasn't enough to drive you out of New York City, perhaps complete apocalypse on the city's iconic Broadway will do it.
Kaepernick's overall rating has gone from a 74 in Madden 17, to an 81, despite not having played for 4 years. He has his own personalized introduction in the game and, when he scores a touchdown, holds up a "black power" fist.
Maezawa made his money like any poor capital allocator does; by finding a worse capital allocator. He sold his company Zozo Inc. to Yahoo Japan, a subsidiary of Softbank, last year.
At the same time Tesla shares are tanking on news of not being included into the S&P 500 this morning, shares of budding competitor Nikola are surging by almost 50% after announcing a partnership deal with General Motors.
Tesla bulls, pundits and sell side analysts alike had widely expected the company to be added to the index following four quarters of "profitability". Instead, S&P wound up adding Etsy, Teradyne and Catalent.
Hours after video surfaced of a horrifying wreck involving a Tesla, the company is reportedly setting up a new sales and service company in Southwest China.
