The textbook legal definition of minimum wage goes something like this: “It is the lowest hourly rate, mandated by governments (Federal and/or State), that a worker may be paid”.
"While work has been done over the years to update the brand in a manner intended to be appropriate and respectful, we realize those changes are not enough."
Hours after Tesla slashed Model S prices by $5,000, it is revealed that California registrations crashed 37% for April and May combined. At the same time, Morgan Stanley analyst Adam Jonas continues to worry about demand issues in China he raised less than a week ago.
At Eric Sprott's urging, we've been monitoring the daily abuse of the Exchange For Physical process since late 2017. However, since late March, the daily totals have fallen off dramatically. Why?