A rare insight into how the oil supply chain works

Long before Descartes dismissed imaginary numbers as nonsense, the Greeks derided negative numbers as “meaningless” — there’s no such thing in the real world. Last week, the Chicago Mercantile Exchange announced they would allow futures to trade in the negative, and they promptly did, with the May futures contract for West Texas Intermediate Crude (WTI) […]

Tesla teardown finds electronics 6 years ahead of Toyota, VW

The interesting thing here is not just that Tesla is that far ahead (though that certainly is interesting); rather, it’s how they got there and what it means for the rest of the auto industry. “Most parts inside the Model 3 do not bear the name of a supplier. Instead, many have the Tesla logo, […]