Miscellaneous – December 26, 2021

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Tesla plans to invest over $10 BILLION in Texas gigafactory – employ 20K workers

Elon Musk has announced the electric vehicle manufacturer’s plans to throw more than $10BN into its new factory in Texas. (Insider)

“Giga Texas is a $10B+ investment over time, generating at least 20k direct & 100k indirect jobs,” the billionaire boss said on Twitter.

Musk’s tweet came in response to a civil rights lawyer who complained that Austin politicians gave him over $60 million in subsidies to move the factory from California to the Lone Star State.

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Stock up on MILK & GAS as the dollar’s going to TANK, crypto guru warns

Americans have been warned to stock up on essentials such as gas and milk NOW before a predicted dollar crash in 2022 by Jesse Powell, CEO of the Kraken crypto exchange. (Bloomberg)

Powell also foresees Bitcoin sinking to below $40k – having earlier this year predicted a $100k+ price – and suggests paying tuition and healthcare fees in advance because

He also believes “there will be a jubilee at some point” for investors, who he hinted could make a killing by loading up on dollar debt.

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