Latest line: A good week for Tesla, a bad week for T.J. Cox

Tesla

Fremont-based auto large stands to reap billions after President Biden indicators the Inflation Discount Act, increasing tax credit for electrical automobiles and incentives for inexperienced manufacturing as a key a part of U.S. local weather technique.

 

 

 

 

T.J. Cox

Walnut Creek native and former one-term Democratic congressman from the San Joaquin Valley faces 20 years in jail after being  arrested by the FBI and charged with wire fraud, cash laundering and different crimes.

 

 

 

Netflix

Over the 12 months, the Los Gatos-based streaming service has misplaced 1 million subscribers, seen share costs drop 60%, and is subleasing workplace house. However it nonetheless makes billions, and new advert choices might drive a turnaround.

 

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