Juggling Dynamite

When then Presidential hopeful, Mitt Romney dissed Tesla (and therefore Musk) as a “loser”, I thought he was speaking volumes about himself. In a world filled with over-paid corporate executives who take obscene riches while inventing nothing and managing companies into the ground, Musk is the rare breed of hardworking visionary, who could have retired as a multimillionaire in his 30’s but instead chose to put all of his personal net worth on the line more than once in order to develop new technologies and companies that are helping to solve some of the most pressing issues facing humanity today. Would that the world had a whole lot more “losers” like Musk.

Elon Musk, chief executive officer of Tesla Motors Inc., talks about the automaker’s early loan repayment to the U.S. Energy Department and growth strategy.Here is a direct link.

Danielle was a guest today with Phil Mackesy on Talk Digital Network discussing recent trends in the world economy and markets. You can listen to an audio clip of the segment here.

Manufacturing in China is contracting for the first time in seven months, adding to signs that growth is losing steam for a second quarter. Frederic Neumann, co- head of Asian economics research at HSBC Holdings Plc in Hong Kong, talks about China’s economic outlook. Here is a direct link.