Basic Myths About Bitcoins

Peruse on to find solutions to three basic legends with respect to Bitcoin, the most popular virtual currency in the world. If you investing in bitcoins then …

Nowadays Bitcoin is all over the place. In China, which presently represents half of the everyday world bitcoin trade, its cost has soared. In the U.S. it was the second of two U.S. issues Tuesday. Hearings in the House. Silicon Valley wagers millions on it, and U.S. top national investor Ben Bernanke said for the current week that unregulated virtual monetary standards “convey long haul guarantees. In the not so distant past, the vast majority viewed Bitcoin just as a transient trend or a crypto-geeks sport, on the off chance that they knew it by any means. The impetuous substance, as it’s possible fate, has been taken as guaranteed: powerlessness to change business as usual, joined by superfluity. It wasn’t until April 2013 that the exchanging estimation of Bitcoin came to $200 that most major news sources initially came to know.

However, in light of the fact that there’s more data currently out there about Bitcoin doesn’t mean you need to think all that you hear. Peruse on to find solutions to three basic legends with respect to Bitcoin, the most popular virtual currency in the world. If you investing in bitcoins then visit teeka tiwari 5 coins

• Bitcoin is to hoodlums only computerized money.

In 2011 Bitcoin first came to open consideration as the domain’s coin for Silk Lane, an online bootleg market for unlawful medications, bogus IDs and other fake merchandise and enterprises. Toward the beginning of October, Silk Road was closed somewhere around the Federal Bureau of Investigation and its alleged originator, Ross William Ulbricht, captured in San Francisco. Bitcoin’s cost plunged forcefully yet quickly recuperated and has now hit statutes that would just have been impossible weeks sooner.

Nonetheless, meanwhile, there is an expanding network of authorized Bitcoin firms — numerous with venture capital and organizations holding onto Bitcoin as lawful delicate. An early speculator in PayPal, Plug and Play Innovation Center is opening a quickening agent program explicitly for Bitcoin-related new companies

Speculators contributed an aggregate of $12 million to Bitcoin new companies among April and June 2013, as indicated by counselling organization CB Insights. All things considered; the speculation rate would appear to quicken. Lightspeed Investment Capitalists in cooperation with their Chinese partner have recently put $5 million in BTC China, the greatest Bitcoin trade on the planet. What’s more, central government authorities move away from Bitcoin’s portrayals of the sole area of guilty parties. “Malignant entertainers’ abuse is an issue influencing a wide range of money related assets and isn’t explicit to virtual cash systems,” Mythili Raman.

• Bitcoin moves are secret, and can not be checked.

After its origination, Bitcoin has gotten inseparable from mystery, and secrecy, so you don’t have to have a Social Security number, ledger, or any close to home data to change over through Bitcoin. Truth be told, any Bitcoin exchange on something many refer to as the blockchain is ever archived openly. This open log maintains a strategic distance from exploitative direct, including individuals contributing double the equivalent bitcoins. Furthermore, despite the fact that following certain open buys back to clients’ genuine personalities is troublesome, it’s certainly feasible. Researchers at the University of California, San Diego and George Mason University later developed a Bitcoin market reference that law enforcement may use to monitor the production of bitcoins from illegal outlets to legal organisations such as Bitstamp and various trades. In the U.S., trades are relied upon to enable their clients to unveil distinguishing subtleties, so a warrant may uncover the genuine name of a suspect.

Why it’s time for US investors to consider overseas stocks

Finally, international equity markets are more diverse compared with 20 … Jasmine: Are you saying the universe of international stock investing is …

Jasmine: Last question. At BlackRock, we’re already seeing increased interest from clients in diversifying and expect this trend to persist through the remainder of 2020 and beyond. What else should investors know about diversification and international investing?

Jenny: Several forces could drive the correlation between U.S. equities and international equities lower in the next few years.

The renewed geopolitical tensions between the U.S. and China is exacerbating deglobalization trends and leading to more bifurcated supply chains. The increased weight of domestic sectors such as consumer, health care and technology versus the role of more globally correlated sectors such as energy and materials could also contribute to more divergent outcomes across countries.

Even without a drop in correlations, diversification benefits can come from other aspects such as foreign currency holdings and from the diverse sector, factor and style exposures which international investing offers.

Jasmine: Thanks so much for speaking with me, Jenny.

Related Funds


iShares MSCI Intl Quality Factor ETFIQLT

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1. Source: BlackRock, Portfolio Solutions (as of June 2020.)

2. Source: (As of August 2020.)

3. Source: BlackRock, US Department of commerce, Euromonitor, OC&C Strategy Consultants (as of December 2019.)

4. Source: BlackRock, iResearch (as of December 2019.)

5. Source: MSCI (as of July 2020.)

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Opening Bell: 9.18.20

SoftBank will sell the money-losing firm to a newly formed subsidiary of … funds to purchase an inexpensive virtual currency and increase its price.

Critics Say UBS Let Off Too Easy (WSJ) Our goal here is not to destroy a major financial institution,” Lanny Breuer, assistant attorney general for the Justice Department’s criminal division, said Wednesday after the $1.5 billion fine against UBS was announced. Prosecutors have to at least “evaluate whether or not innocent people might lose jobs” and other types of potential collateral damage. Sen. Charles Grassley (R., Iowa), a Senate Finance Committee member, said he is unsatisfied that prosecutors didn’t go higher up the corporate ladder at UBS than its Japanese subsidiary…”The reluctance of U.S. prosecutors to file criminal charges over big-time bank fraud is frustrating and hard to understand,” Mr. Grassley said. The $1.5 billion fine is a “spit in the ocean compared to the money lost by borrowers at every level, including taxpayers.” Regulatory ‘Whale’ Hunt Advances (WSJ) The first regulatory ripples from the “London Whale” trading fiasco are about to hit J.P. Morgan Chase. The Office of the Comptroller of the Currency, led by Comptroller Thomas Curry, is preparing to take a formal action demanding that J.P. Morgan remedy the lapses in risk controls that allowed a small group of London-based traders to rack up losses of more than $6 billion this year, according to people familiar with the company’s discussions with regulators. Khuzami To Leave SEC Enforcement Post (WSJ) Robert Khuzami, head of the Securities and Exchange Commission’s enforcement unit, plans to leave the agency as soon as next month, a person familiar with the expected move said Thursday. Boehner Drops ‘Plan B’ as Budget Effort Turns to Disarray (Bloomberg) House Speaker John Boehner scrapped a plan to allow higher tax rates on annual income above $1 million, yielding to anti-tax resistance within his own party and throwing already-stalled budget talks deeper into turmoil. He will hold a news conference today at 10 a.m. Washington time to discuss the next steps in the budget dispute, a Republican leadership aide said. House members and senators won’t vote on the end-of-year budget issues until after Christmas, giving them less than a week to reach agreement to avert tax increases and spending cuts set to take effect in January. The partisan divide hardened yesterday, making the path to a deal more uncertain. BlackRock Sees Distortions in Country Ratings Seeking S&P Change (Bloomberg) Credit rating companies are distorting capital markets by assigning the same debt ranking to countries from Italy to Thailand and Kazakhstan, according to BlackRock, the world’s biggest money manager. While 23 countries share the BBB+ to BBB- levels assessed by Standard & Poor’s, the lowest investment grades, up from 15 in 2008 at the beginning of the financial crisis, their debt to gross domestic product ratios range from 12 percent for Kazakhstan to 44 percent for Thailand and 126 percent for Italy, International Monetary Fund estimates show. The cost of insuring against a default by Italy, ranked BBB+, over the next five years is almost triple that for Thailand, which has the same rating. For BlackRock, which oversees $3.7 trillion in assets, the measures are so untrustworthy that the firm is setting up its own system to gauge the risk of investing in government bonds. This year, the market moved in the opposite direction suggested by changes to levels and outlooks 53 percent of the time, data compiled by Bloomberg show. “The rating agencies were very, very slow to the game,” Benjamin Brodsky, a managing director at BlackRock International Ltd., said in a Nov. 23 interview from London. “They all came after the fact. For us, this is not good enough.” If You Bought Greek Bonds in January You Earned 80% (Bloomberg) Greek government bonds returned 80 percent this year, compared with 3.7 percent for German bunds and 6.1 percent for Spanish securities, Bank of America Merrill Lynch indexes show. It’s the first year since 2009 that investors made money on Greek securities, with 2012 providing the biggest advance since Merrill began compiling the data in 1998, according to figures that don’t reflect this month’s debt buyback by the government. Texas lawmaker: ‘Ping-pongs’ deadlier than guns (The Ticket) Incoming Texas State Rep. Kyle Kacal says guns don’t kill people—ping-pong kills people. “I’ve heard of people being killed playing ping-pong—ping-pongs are more dangerous than guns,” he says. “Flat-screen TVs are injuring more kids today than anything.” The lifetime rancher, who will take his seat in 2013 as a freshman, says that new gun restrictions are unnecessary. Kacal, who reportedly operates a hunting business, notably came out against a bill instructing Texans how to secure their assault weapons. “People know what they need to do to be safe. We don’t need to legislate that—it’s common sense,” he said. “Once everyone’s gun is locked up, then the bad guys know everyone’s gun is locked up.” Flare-up in war of words between Ackman, Herbalife (NYP) “This is the highest conviction I’ve ever had about any investment I’ve ever made,” Ackman said yesterday in a series of interviews. The investor told CNBC that he expects the Federal Trade Commission will take a “hard look” at the company. The heavyweight battle picked up steam over the last two days and has become, in the typically slow days leading up to Christmas, one of the most-watched events on Wall Street. As the financial world watched, Herbalife CEO Michael Johnson returned fire — calling Ackman’s statements “bogus” and asking the Securities and Exchange Commission to probe the motives of Ackman and his Pershing Square Capital hedge fund. A spokeswoman said if Johnson were allowed the chance to face-off against the investor at the Downtown conference, the CEO “would have been able to tear Mr. Ackman’s premises and interpretation of our business model apart.” Citigroup Said to Give CCA Managers 75% Stake in Funds for Free (Bloomberg) Among Vikram Pandit’s last jobs as Citigroup’s chief executive officer was to decide the fate of the bank’s hedge-fund unit, which employs some of his oldest colleagues. He agreed to give them most of it for free. While Citigroup is keeping a 25 percent stake, managers at the Citi Capital Advisors unit will pay nothing for the remaining 75 percent of that business as it becomes a new firm managing as much as $2.5 billion of the bank’s money, according to people with knowledge of the plan. The lender will pay the executives fees while gradually pulling out assets to comply with impending U.S. rules, said the people, who requested anonymity because the terms aren’t public. The deal was Citigroup’s response to the Volcker rule. Peter Madoff Is Sentenced to 10 Years for His Role in Fraud (Dealbook) A lawyer by training, Peter Madoff is the second figure in the scandal to be sentenced. His older brother, Bernard, pleaded guilty in March 2009 and is serving a prison term of 150 years. UK Boom in Pound Shops: An Austerity-Proof Business Model? (CNBC) Pound shops in the U.K. are reporting massive increases in profits across the board showing that the formula “pile ’em high and sell ’em cheap” has particular resonance in Britain’s current age of austerity. Names like “Poundstretcher,” “Poundland” and “99p Stores” in the U.K. have become high street stalwarts as other brands go bust. The chains, immediately recognizable on price point, are opening new stores and reporting record results reflecting the increasing public demand for cheaper goods. U.K. based “Poundland” is one such chain reporting steep sales growth as its range of 3,000 items — from umbrellas and pregnancy tests (it sells 14,000 a week) to bird feeders and bags of crisps all priced at one pound – resonates with cash-strapped Britons. In the year to April 2012, the Warburg Pincus owned company said its turnover increased 22 percent to 780 million pounds ($1.25 billion) and profits increased by 50 percent to 18.3 million pounds from last year’s figure of 12.2 million. Former Olympian Suzy Favor Hamilton admits to life as a $600-an-hour hooker (NYP) Steamy, lingerie-clad images of the champion runner helped tout her services on the Web site of a Vegas escort agency called Haley Heston’s Private Collection, where Favor Hamilton operated under the name “Kelly Lundy,” according to The Smoking Gun. Customers could hire her lithe Olympic-class runner’s body for $600 an hour, $1,000 for two hours and $6,000 for 24 hours. The site described her build as “athletic,” her bosom as “perky,” and her belly button as “pierced.” She was willing to provide horny customers the full “girlfriend experience,” and would also engage in a certain undisclosed sex act for an extra $300. “I enjoy men of all shapes, sizes and colors, and I have an affinity for women (I am bisexual),” “Kelly” wrote on her page on the escort service’s Web site. “I consider dates with couples an experience to cherish.” Her sexual skills reportedly earned her a high rating on The Erotic Review, a Web site frequented by prostitution fans. Favor Hamilton’s lusty secret life might have stayed secret if she had not made the mistake of revealing her true identity to some of her wealthy johns, who went to the media.

Dow Futures, Snowflake, Oracle-TikTok – 5 Things You Must Know Thursday

Dow Futures, Snowflake, Oracle-TikTok – 5 Things You Must Know Thursday. Stock futures tumble after the Federal Reserve says it will keep interest …

Here are five things you must know for Thursday, Sept. 17:

1. — Stock Futures Retreat After Fed Signals Rates to Remain Near Zero

Stock futures tumbled Thursday after the Federal Reserve said it would keep interest rates low through at least 2023 and Fed Chairman Jerome Powell said the U.S. economy would continue struggling without help from Congress.

Contracts linked to the Dow Jones Industrial Average fell 245 points, S&P 500 futures were down 38 points and Nasdaq futures dropped 157 points.

Stocks ended mixed Wednesday, with tech stocks leading the retreat, as the Federal Reserve held interest rates at near zero and indicated they would remain there for the near-term future to assist the economy during the coronavirus pandemic.

The Dow ended higher by 36 points, or 0.13%, to 28,032. The S&P 500 finished down 0.46%, ending its three-day winning streak, and the Nasdaq dropped 1.25%.

Powell said Wednesday a U.S. economic recovery would depend largely on how well the country controls the coronavirus pandemic.

“A full economic recovery is unlikely until people are confident that it is safe to re-engage in a wide variety of activities,” Powell said.

The Fed chairman reiterated that further fiscal stimulus was needed after  additional unemployment benefits expired.

Congress has been deadlocked on the size of the next coronavirus aid bill.

“When I look at where the stimulus talks are, the odds of something getting done are very, very slim,” said Joyce Chang, JPMorgan Chase’s global head of research. “Both sides are far apart.”

2. — Thursday’s Calendar: Jobless Claims and Housing Starts

The economic calendar in the U.S. Thursday includes weekly Jobless Claims at 8:30 a.m. ET, Housing Starts and Permits for August at 8:30 a.m. and the Philadelphia Fed Manufacturing Index for September at 8:30 a.m.

Economists put the number of Americans filing for first-time unemployment benefits at 850,000 for the week ended Sept. 12. Claims came in at 884,000 in each of the prior two reports.

3. — Oracle Reportedly Will Get Access to TikTok Code

Oracle  (ORCL) – Get Report will get full access to review TikTok’s source code to ensure there are no back doors used by TikTok’s Chinese parent ByteDance to gather data on the video-sharing app’s American users, Bloomberg reported, citing people familiar with the matter.

ByteDance and Oracle submitted these details in their proposal to the Trump administration with a goal of averting a sale of the app or a shutdown of its U.S. operations by the Sept. 20 deadline.

However, Bloomberg reported, the terms of the agreement seem to fall short of meeting national security concerns expressed by administration officials.

President Donald Trump said Wednesday he wasn’t happy with terms of the agreement that would allow ByteDance to retain a majority of TikTok’s assets, with Oracle acquiring a minority stake.

“Just conceptually, I can tell you I don’t like that,” Trump said.

“I’m not prepared to sign off of anything,” Trump said. “I have to see the deal.”

4. — Snowflake Cools Off After Blockbuster Debut

Snowflake  (SNOW) – Get Report shares were down 6.15% to $238.32 in premarket trading Thursday after the stock soared as much as 166% in its stock market debut.

Snowflake closed at $253.93 on Thursday after beginning trading Wednesday at $245 a share, well above its already increased initial public offering price of $120. The stock reached a high of $319 on Wednesday.

Snowflake’s initial public offering of $3.36 billion was the largest software-focused IPO ever and the biggest IPO in the U.S. this year.

According to TheStreet’s Eric Jhonsa, Snowflake is worth about $95 billion after accounting for outstanding stock options, restricted stock units and warrants. After backing out the roughly $4.5 billion in cash Snowflake possesses following its IPO and share sales to Berkshire Hathaway  (BRK.A) – Get Report and Salesforce  (CRM) – Get Report, the company has an enterprise value of around $91.5 billion.

Snowflake’s Extraordinary Post-IPO Valuation Warrants Some Caution

Such an enterprise value spells a valuation of 227 times Snowflake’s revenue of $403 million during its last four quarters. This valuation also is more than seven times higher than the $12.4 billion valuation Snowflake received in a February funding round.

5. — Southwest Grounds 130 Boeing 737-800 Jets

Southwest Airlines  (LUV) – Get Report temporarily has grounded 130 Boeing  (BA) – Get Report 737-800 aircraft after it discovered discrepancies in aircraft weight data.

Southwest said in a statement that “out of an abundance of caution, we have temporarily ceased flying the respective aircraft to enter the correct weights of the aircraft in question into the system and reset the program.”

Southwest said the discrepancy in weight data was 75 pounds, according to a report from Reuters.

The airline said the temporary halt to flights would “cause some delays and/or cancellations; however, we anticipate the impact to our operation to be minimal.”

The Musk Method: Learn from partners then go it alone

REUTERS/Michele Tantussi/File Photo FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the automobile awards …

Technology News

Paul Lienert
Norihiko Shirouzu
Edward Taylor

(Reuters) – Elon Musk is hailed as an innovator and disruptor who went from knowing next to nothing about building cars to running the world’s most valuable automaker in the space of 16 years.

FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the automobile awards “Das Goldene Lenkrad” (The golden steering wheel) given by a German newspaper in Berlin, Germany, November 12, 2019. REUTERS/Hannibal Hanschke/File Photo
FILE PHOTO: A Tesla Model X electric vehicle is shown in this picture illustration taken in Moscow, Russia July 23, 2020. REUTERS/Evgenia Novozhenina
FILE PHOTO: The logo of Tesla cars logo is seen during the presentation of the new charge system in the EUREF campus in Berlin, Germany September 10, 2020. REUTERS/Michele Tantussi/File Photo
FILE PHOTO: A sign that reads “Tesla Street” is pictured outside the construction site of the future Tesla Gigafactory, in Gruenheide near Berlin, Germany, September 2, 2020. REUTERS/Hannibal Hanschke/File Photo
FILE PHOTO: The Tesla Gigafactory is seen in an aerial picture near Sparks, Nevada, U.S., August 18, 2018. REUTERS/Bob Strong/File Photo

But his record shows he is more of a fast learner who forged alliances with firms that had technology Tesla lacked, hired some of their most talented people, and then powered through the boundaries that limited more risk-averse partners.

Now, Musk and his team are preparing to outline new steps in Tesla’s drive to become a more self-sufficient company less reliant on suppliers at its “Battery Day” event on Sept. 22.

Musk has been dropping hints for months that significant advances in technology will be announced as Tesla strives to produce the low-cost, long-lasting batteries that could put its electric cars on a more equal footing with cheaper gasoline vehicles.

New battery cell designs, chemistries and manufacturing processes are just some of the developments that would allow Tesla to reduce its reliance on its long-time battery partner, Japan’s Panasonic, people familiar with the situation said.

“Elon doesn’t want any part of his business to be dependent on someone else,” said one former senior executive at Tesla who declined to be named. “And for better or worse – sometimes better, sometimes worse – he thinks he can do it better, faster and cheaper.”

Tesla has battery production partnerships with Panasonic, South Korea’s LG Chem and China’s Contemporary Amperex Technology Co Ltd (CATL) that are expected to continue.

But at the same time, Tesla is moving to control production of cells – the basic component of electric vehicle battery packs — at highly automated factories, including one being built near Berlin, Germany and another in Fremont, California where Tesla is hiring dozens of experts in battery cell engineering and manufacturing.

“There has been no change in our relationship with Tesla,” Panasonic said in a statement provided by a company spokeswoman.

“Our relationship, both past and present has been sound. Panasonic is not a supplier to Tesla; we are partners. There’s no doubt our partnership will continue to innovate and contribute to the betterment of society.”

Tesla did not respond immediately to a request for comment.


Since he took over the fledgling company in 2004, Musk’s goal has been to learn enough – from partnerships, acquisitions and talent recruitment – to bring key technologies under Tesla’s control, people familiar with Tesla’s strategy said.

They said the aim was to build a heavily vertically integrated company, or a digital version of Ford Motor Co’s iron-ore-to-Model-A production system of the late 1920s.

“Elon thought he could improve on everything the suppliers did – everything,” said former Tesla supply chain executive Tom Wessner, who is now head of industry consultancy Imprint Advisors. “He wanted to make everything.”

Batteries, a big chunk of the cost of an electric car, are central to the Musk method. While subordinates have argued for years against developing proprietary Tesla battery cells, Musk continues to drive toward that goal.

“Tell him ‘No’, and then he really wants to do it,” said a third former Tesla veteran.

The changes in battery design, chemistry and production processes Tesla expects to reveal next week are aimed at reworking the math that until now has made electric cars more expensive than carbon-emitting vehicles with combustion engines.

Reuters reported in May that Tesla is planning to unveil low-cost batteries designed to last for a million miles. Tesla is also working to secure direct supplies of key battery materials, such as nickel, while developing cell chemistries that would no longer need expensive cobalt as well as highly automated manufacturing processes to speed up production.


Panasonic is partnered with Tesla at the $5 billion Nevada “Gigafactory”, while CATL and LG Chem supply cells to Tesla’s Shanghai factory, where battery modules and packs are assembled for its Model 3 sedan.

Panasonic recently said it is planning to expand its production lines in Nevada, which supply the cells that then go into the battery modules assembled next door by Tesla.

But the Nevada Gigafactory partnership almost didn’t happen, according to two former Tesla executives. Musk ordered a team to study battery manufacturing in 2011, according to one former executive, but eventually partnered with Panasonic in 2013.

Now, Tesla is testing a battery cell pilot manufacturing line in Fremont and is building its own vast automated cell manufacturing facility in Gruenheide in Germany.

The roller-coaster relationship with Panasonic mirrors other Tesla alliances.

During its development alliance with Germany’s Daimler, which was an early investor in Tesla, Musk became interested in sensors that would help keep cars within traffic lanes.

Until then the Tesla Model S, which Mercedes-Benz engineers helped refine, lacked cameras or sophisticated driver assistance sensors and software such as those used in the Mercedes S-Class.

“He learned about that and took it a step further. We asked our engineers to shoot for the moon. He went straight for Mars,” said a senior Daimler engineer said.

Meanwhile, an association with Japan’s Toyota, another early investor, taught him about quality management.

Eventually, executives from Daimler and Toyota joined Tesla in key roles, along with talent from Alphabet Inc’s Google, Apple, Amazon, Microsoft, as well as rival carmakers Ford, BMW and Audi.


Some relationships did not end well, however.

Tesla hooked up with Israeli sensor maker Mobileye in 2014, in part to learn how to design a self-driving system that evolved into Tesla’s Autopilot.

“Mobileye was the driving force behind the original Autopilot,” said a former Mobileye executive, who declined to be named.

Mobileye, which is now owned by Intel, also recognized the risk of sharing technology with a fast-moving startup like Tesla, which was on the brink of collapse at the end of 2008 and now has a market value of $420 billion.

But Tesla and Mobileye had an acrimonious and public split after a driver was killed in 2016 when a Model S using the Autopilot system crashed.

At the time, Amnon Shashua, who is now Mobileye president and chief executive, said Tesla’s Autopilot was not designed to cover all possible crash situations as it was a driver assistance system, not a driverless system.

The former Mobileye executive said there was no question of Tesla improperly using their technology.

U.S. tech firm Nvidia followed Mobileye as a supplier for Autopilot, but it too was ultimately sidelined.

“Nvidia and Tesla share a common strategy of developing software-defined vehicles powered by high-performance AI computers. Elon is very focused on vertical integration and wanted to make his own chips,” said Nvidia’s senior director of automotive, Danny Shapiro.

In addition to partnerships, Musk went on an acquisition spree four years ago, buying a handful of little-known companies – Grohmann, Perbix, Riviera, Compass, Hibar Systems – to rapidly advance Tesla’s expertise in automation. Maxwell and SilLion further boosted Tesla’s ability in battery technology.

“He learned a lot from those people,” said Mark Ellis, a senior consultant at Munro & Associates, which has studied Tesla extensively. “He leveraged a lot of information from them, then put his spin on making it better.”