A man’s word was once his bond. In walking away from his previously unconditional commitment to acquire Twitter, Elon Musk has demonstrated that character in business no longer matters.
McKinsey’s Wrist Slap Fueling Opioid Crisis
Since developing an interest in healthcare more than two years ago, I’ve come to appreciate the industry is rife with very bad people who do very bad things. The New York Times revealed last week that McKinsey & Company deserves a special place in hell for its critical role facilitating the opioid crisis that killed nearly 500,000 Americans.
Fortunately for McKinsey, the best penalty multistate attorneys general could collectively muster was a paltry $573 million settlement.
Gavin Newsom’s Florida Misadventure
California Governor Gavin Newsom imagines himself as presidential material. The hare-brained ad he ran on Fox News in Florida encouraging Floridians to move to California is reason enough to knock him out of contention.
Stellantis Warns Auto Industry Might Collapse
The top executives of Stellantis, whose U.S. brands include Jeep, Ram, and Chrysler, on Wednesday warned the auto industry is in danger of collapse if the prices of electric vehicles don’t significantly decline. Supply chain and materials’ shortages makes that scenario unlikely.
Underscoring the cluelessness of the U.S. leadership driving the accelerated conversion to electric vehicles, Reuters reported this morning that a proposed California tax on lithium mining could lead to additional shortages and stifle the U.S. lithium mining industry before it begins. China already controls the global EV materials supply chain.
The ineptness of America’s energy leadership comes as no surprise to Michigan residents who lived in the state between 2003 and 2011.
Hannah Elliott: GM’s Worst Nightmare
When I worked in PR, I advised clients there was a 99 percent chance of pulling the wool over reporters’ eyes, but it was ill advised to risk the unlikely one percent. Bloomberg writer Hannah Elliott has taught GM the wisdom of my counsel.
Tesla’s Ominous Storm Clouds
I’ve learned never to bet against Elon Musk, but it seems reasonable to ask if he can forever sell problem-plagued vehicles typical of GM and Ford without serious brand and financial consequences.
Regardless, it’s a sad commentary on America’s stature in the world when Europeans regard China as the gold standard in electric vehicle manufacturing.
GM and Ford Have Betrayed America
Despite being headquartered in the Detroit area, GM and Ford have become unabashedly unpatriotic with regards to the manufacturing of their vehicles. And Trump MAGA supporters tooling around in GM and Ford pickup trucks, particularly the Chevy Silverado or GMC Sierra 1550, are either blissfully ignorant or shameless hypocrites.
Pickup owners who love and want to support the most “Made in America” truck proudly drive a Honda Ridgeline.
An Officer and a Non-Binary Person
In wake of the Navy making public a training video on the proper use of pronouns, it’s imperative that Hollywood rushes out a remake of the film, “An Officer and a Gentleman” to reflect a more accurate depiction on how sailors today are being trained for combat.
Michigan’s ‘Hot off the Lot’ Car & Truck Heists
How could thieves make off with 13 muscle F-150 Raptor trucks valued at $1 million and six $80,000 high performance Mustangs from the factory lots where they were stored?
Ford CEO Jim Farley no doubt was recently asking the same question.
DeSantis to WaPo: Kish Mir in Tuchas
The Washington Post posted a profile this morning about Florida governor Ron DeSantis, who declined to speak with the once nationally respected publication. Here’s why DeSantis’ diss was a watershed moment in American politics and journalism.
An added bonus is an opportunity to learn a once popular Yiddish expression.