| By Andy Swan Up First: Biden Wages War on Elon The Biden administration's latest action against Elon Musk and Tesla (TSLA) comes as U.S. prosecutors investigate Tesla for possibly misleading investors and consumers about its self-driving technology. 
This probe into whether Tesla committed securities or wire fraud highlights a broader trend of tension between the government and one of Americaâs top innovators.
Although Tesla has stated these technologies are not fully autonomous and require driver supervision, promotional materials have often implied a higher level of capability. This has attracted serious regulatory attention, and now, a federal investigation.
This isn't the first time Musk has clashed with the Biden administration. In 2021, Tesla was notably left out of a White House electric vehicle summit, signaling a cold shoulder to the leading EV manufacturer. 
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Biden's snub of Musk went even further, crediting General Motors (GM) CEO Mary Barra with leading the EV revolution. âYou changed the whole story, Mary,â he said. âYou electrified the entire automobile industry.â
So... how did that work out? 
(It didnât.)
Additionally, after Musk took over Twitter and advocated for free speech, President Biden suggested that Musk's dealings should be "looked into." The investigations ramped up from there.
This ongoing federal scrutiny appears to be part of an effort to limit Muskâs influence in various industries, from automotive to digital media.
The outcome of this situation could impact not just Musk, but the broader landscape of American innovation, signaling how the government might treat other entrepreneurs pushing technological boundaries.
In the end, we're betting on innovation... betting on Elon... and resisting the urge to cave to the Biden administration's petty war against Musk and free speech. Q&A: What Comes Next for Tesla, Bitcoin, the Consumer, and Your Investments Earlier this week, I paid a visit to our friends and colleagues at the TradeSmith offices in Baltimore, MD to work on a new project. (I canât reveal the details just yet â but trust me, you'll be among the very first to get them. Stay tuned.)
While I was in town, Luis Hernandez, TradeSmithâs editor-in-chief, had a few poignant questions for me that I thought everyone here at Derby City Daily could benefit from. So we took advantage of their studio and sat down for the impromptu Q&A session youâre about to watch.
Right off the bat, you know we had to address all these negative headlines around Tesla. The ânoiseâ is only ramping up, as you just learned, and Luis wanted to understand why I still see such an enormous opportunity ahead for the company.
Youâll also get my latest price prediction for Bitcoin (BTC) and where itâs heading in 2024. Spoiler alert: $100k is in the cards. Iâll explain why â plus reveal the ticker symbol of a top pick riding BTCâs tailwinds. ð
Then, weâll dive into the top moneymaking trend to watch this year and how you can play it...
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And finally, youâll find out the number-one challenge facing consumers in 2024 and what comes next for investors.
We covered all that and more in just 11 minutes, so it won't take long to get the answers youâre looking for.
Click here to watch our Q&A now: 
Watch Now +150% on BTC... +288% on COIN... +95% on TTD... These are the kinds of opportunities our followers get direct access to, and there are plenty more in the pipeline for 2024 (and beyond).
To find out how you can get your hands on the next big winners our system is spotlighting, go here now.
Until next time, |
