Episode 43 - Saudi Solar project on the rocks | Tesla. Full stop. | Hedge funds and Saudi oil
b'Saudi Solar project on the rocks
https://www.wsj.com/articles/saudi-arabia-shelves-work-on-softbanks-200-billion-solar-project-1538328820
- problem with execution in Saudi government
- will Saudi Arabia EVER really go green?
Tesla. full stop.
https://www.nytimes.com/2018/09/30/business/elon-musk-tesla-whats-next.html
- slap on the wrist from the SEC
- Elon Musk will remain CEO
- Tesla stock jumped 17% after the announcement
Trump Saudi oil pressure
https://www.spglobal.com/platts/en/market-insights/latest-news/oil/100118-trump-ramps-up-saudi-opec-criticism-to-little-effect-so-far?
- Trump is clearly upset because he believes that Saudi Arabia should be pushing the price down in light of the looming Iran sanctions
Hedge funds and Saudi oil
https://www.reuters.com/article/us-oil-prices-kemp/hedge-funds-doubt-saudi-arabia-will-replace-iranian-oil-kemp-idUSKCN1MB2DI
- Hedge fund managers are betting Saudi Arabia and company can\'t or won\'t increase oil production enough to make up for Iranian crude that comes off the market due to sanctions
- Many believe that Saudi Arabia isn\'t capable of producing more, but do they really know? Does anyone (other than Aramco) really know how much they can and should produce?
Venezuela oil workers protest
https://www.bloomberg.com/news/articles/2018-10-01/pdvsa-and-international-jv-oil-workers-protest-pay-in-venezuela
- Why does Venezuela even have a currency with 111,000 percent inflation?
- Venezuela\'s oil production was at 1.22 million bpd in Sept but is continuing to fall. When will Venezuelan production go below 1 million bpd.
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