Yesterday, we touched on the new tractors that Tesla is developing. The Tesla Semi incorporates what they call “Enhanced Autopilot” – the same sort of stuff that exists in Tesla cars. This means the rig is loaded with cameras and radar- and those devices let it determine what is the traffic flow, how to safely change lanes- and, most importantly, how to pull over into a controlled sop should the driver fall asleep or become incapacitated (via a heart attack or something similar.)
I have always had an enamored view of truck-drivers. Since I was a little boy. Back then, there really were no interstate highways. And, my family would travel the roads (yes, late at night- that’s how I learned that was the best time to travel). And, when we wanted to pass a slow-moving truck, my dad would double-flash his brights (bright lights) to inform the vehicle of our attempt. And, when we were in front of the truck, ready to return to our lane, the truck driver would double-beam my dad, letting him know that he was absolutely clear of the vehicle.
We really needed tax reform. Instead we got HR-1, absurdly labeled as the Tax Cuts and Jobs Act, plus the Senate version of that same bill,. As I promised, they wouldn’t be passed as proposed (that would have been EVEN worse, they have been reconciled. And , TheDonald has signed the final version, so it’s the law of the land. PL 115-97.
I’m sure you realize that I will be updating the information on the new tax laws soon. I haven’t decided if I will rewrite the 9 blogs that covered the House and Senate version or just “X” off the parts that didn’t make it to the signed version. (I’m leaning towards the latter- with only two or three posts to cover the individual and business tax provisions.)
For those of you who have been invested in GE for years, mostly because of its generous dividend, the times have changed. No longer will GE be providing a 4 to 5% return on your stock holdings. No, it now will be closer to a 2% dividend rate. Which is among the several reasons the stock price has tanked recently.
Do you remember the controversy a few years ago when certain individuals tried to claim that it was their brilliance that made their companies great? “You didn’t build that” was the catch phrase. Because most of us know that to be successful, we need viable infrastructure (which means government investment) and dedicated employees- under the guidance of competent (hopefully- even inspired) management.