The “Cyber Rodeo at Giga Texas,” an invitation-only party for thousands of guests at Tesla’s new billion-dollar-plus “Gigafactory” in Austin, was the biggest secret and the toughest ticket in town Thursday.
As many as 15,000 people were expected to attend the private event hosted by Tesla mogul Elon Musk to mark the opening of the new factory in Travis County that also serves as the company's new home following its move from California.
A county-issued permit said the event included interactive tours, food, alcohol and live entertainment. But the event was off-limits to the general public and the news media.
Musk has said the plant, which would employ up to 10,000 workers, would build its Cybertruck, Semi, Model 3 and Model Y sport utility vehicles. Last month, he also opened another “Gigafactory” on the outskirts of Berlin to produce the Model Y SUV.
Karl Farmer, Vice President and Portfolio Managers at Rockland Trust Bank, breaks down why inflation and interest rates may stick at these levels, and why Bitcoin still carries some risks.
If you wince at the grocery store checkout, you’re not alone. Wall Street Journal reporter Jesse Newman breaks down why prices are so high – and not going down anytime soon.
An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month. (Getty Images)
Glen Smith, CIO at GDS Wealth Management, shares how investors can allocate their assets as the market broadens and why he’s eyeing June for the first potential rate cut.
