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jdj74 Female ID: 71264799
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    jdj74 commented on
    On Monday, the day Elon Musk was named Time's Person of the Year, Senator Elizabeth Warren took to Twitter to comment on the tax code and its relationship with the CEO of  $Tesla (TSLA.US)$ and SpaceX.
    Mr. Musk responded with a string of tweets, saying that he will pay more taxes than any American in history this year. "Don't spend it all at once… oh wait you did already," he wrote. 
    You remind me of when I was a kid and my friend's angry mom would just randomly yell at everyone for no reason." 
    —— Mr. Musk said.
    Elon Musk is the world's richest person with a net worth of $251 billion, according to the Bloomberg Billionaires Index, with the majority of that wealth tied up in Tesla and his rocket company, Space Exploration Technologies Corp. He also has a reputation for making eyebrow-raising statements on Twitter, where he has more than 66 million followers. 
    Musk is compensated in stock awards and doesn't accept a cash salary from Tesla. Last month, he initiated a poll on Twitter asking people whether he should sell 10% of his Tesla holdings, which voters backed. Click here to read more about Musk's ongoing stock selling plan
    Mooers, what do you think of this 'war of words' between Musk and Warren?
    Source: THE WALL STREET JOURNAL, Bloomberg, NPR
    Twitter war of words: Elon Musk vs. Elizabeth Warren
    Twitter war of words: Elon Musk vs. Elizabeth Warren
    Twitter war of words: Elon Musk vs. Elizabeth Warren
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    jdj74 reacted to
    Cannabis ETFs were blazing after Representative Nancy Mace (R-SC) tweeted that she plans to unveil a new bill that would legalize marijuana at the federal level. The bill would remove the plant from the list of federally controlled substances.
    While cannabis-related ETFs have been on a decline for much of the year, this news was enough to lift them by double digits last week. The U.S.-focused $Advisorshares Trust Pure Us Cannabis Etf (MSOS.US)$ gained 14.0% in past week. The $Advisorshares Pure Cannabis Etf (YOLO.US)$ and the $Etfmg Alternative Harvest Etf (MJ.US)$, which take a global approach, were up 12.8% and 10.9%, respectively.
    Cannabis-related ETFs shot higher after Joe Biden's nomination. Both he and Vice President Harris had stated they were in favor of policy reform. President Biden, however, has only backed medical legalization and decriminalization.
    The lack of movement on the issue after Biden took office brought these ETFs off their highs. But Mace’s bill, which would see marijuana regulated similarly to alcohol, could appeal to those on the right side of the aisle because it invokes states'rights.
    The proposed bill would also not call for the degree of regulation or taxation as prior legalization bills have, such as of that proposed by Senator Chuck Schumer.
    Several Options Available
    Here is a list of Marijuana ETF ranks by AUM, with MJ and MSOS being the largest, at over $1 billion in AUM each.
    Currently, the cheapest cannabis ETF is the $Cambria Cannabis Etf (TOKE.US)$, with a 0.42% expense ratio. This is significantly lower than the average expense ratio of 0.71%. The low cost is especially notable when you consider that TOKE is active.
    Though it is 0.33% cheaper than the passive MJ, TOKE has underperformed by 4.1% year-to-date.
    Domestic or Global
    Legalization is not just a domestic issue. In fact, the U.S. has some of the most marijuana-friendly laws around the world. The substance remains illegal in much of the world.
    Though this suggests there is substantial growth ahead for global cannabis-related companies, current legalization talks in the U.S. are likely to benefit domestically focused ETFs such as MSOS the most.
    Source: ETF.com, ETF Managers Group
    Marijuana ETFs blaze higher last week
    Marijuana ETFs blaze higher last week
    Marijuana ETFs blaze higher last week
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    jdj74 liked
    $Sono Group (SEV.US)$ $Sono Group (SEV.US)$ pls support this tech. will be a big hit. drive/park n charging same time. less need for charging station, easily adopted by lots of countries without the infrastructure yet to achieve net zero emission sooner.
    yes abit ugly, but it's just a shell tat can change. it's the tech which make countries wanna buy. the demand will surged.
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    jdj74 liked
    $Sono Group (SEV.US)$ , the electric-vehicle company that seeks to revolutionize the future of solar-powered transportation, celebrates its first day of trading on the Nasdaq Global Market under the ticker symbol "SEV."
    The stock finished the day's regular trading session with a 154.67% gain, closing at $38.20 a share.
    Sono Motors is developing the world's first solar electric vehicle. The company said it will "continues to pursue its mission to incorporate solar on every vehicle," such as buses, trailers, trucks, camper vans, trains, and boats.
    Some investors are incredibly excited about their tech and joined the EV frenzy.
    Some doubt that there's no way they make enough electricity to power even a fraction of the car energy consumption.
    Any thoughts about the company or the entire EV sector?
    Daily Poll: A new EV brand powered by the sun?
    3
    With the world focus on climate and pollution control, it seems to me that EVs are going to be the new norm as they solve the issues of emissions as well as cut down on traditional fuels that have aided in global warming by removing the coolant layers the earth needs to regulate climate...I don't see EVs going anywhere.  I see a flip coming in what will be the majority of vehicles both personal and commercial on the road in the near future.
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