Our main conversation: What the hell is going on with $TSLA?
Elon Musk is now richer than Warren Buffett. A year ago, Tesla wasn’t as valuable as Ford or GM. Now it’s more than 25% of the value of the auto market as a whole.
In this episode, NLW looks at a set of possible explanations:
Elon as a Golden God/the cult of personality
Tesla as an innovative tech company
Better-than-expected vehicle delivery
The mother of all short squeezes
Robinhood effect
Mr. FEDerico
Narrative Market Machine
In the end, NLW argues that in a world where 1) the new retail base is willing to engage in narrative and meme warfare and 2) where the Federal Reserve distorts prices, the narrative market machine becomes more of a driver of prices than ever before.
This episode is the story of a man, who if you don’t know his name, you probably should: Joe Medicine Crow.
Joe Medicine Crow was a scholar, an author, a historian, a spokesperson, and a warrior. In fact, he was the last person to have earned the title of War Chief in the Crow Nation, and he earned that title in a way you probably wouldn’t imagine.
The virus spikes across the south. Back to school today for some Florida kids. The Redskins set for a name change. CBS News Correspondent Steve Kathan has today's World News Roundup.
Welcome to Pledge Week! I’m doing a week of posting some of the Patreon bonuses I’ve done, to encourage those who can to sign up to my Patreon.
ERRATUM:
My understanding when I did this episode was that “White Lightning” was recorded right after the Big Bopper’s death. That is not actually the case — Jones just turned up drunk to the session because he was drunk, not because of his friend’s death, and they *released* the record a few days after Bopper’s death.
Every day of Pledge Week will start with the same section, which I’ll transcribe once, below, before the cut.
Pledge Week Intro
This is not a proper episode of the podcast. Rather, this is something else.
I’ve decided to hold a pledge week, to try to get a few more subscribers to my Patreon. So every day this week I’ll be putting one of the backer-only episodes I’ve done over the past year up on the main podcast feed, so people can hear what it is you get if you sign up for the Patreon, with this little introductory piece before them. If you’re already a backer, you will already have this episode, so you can skip this and everything else labelled “pledge week”.
I do one of these every week for my backers, and backers even at the lowest levels get them — if you sign up for a dollar a month you get each new one as it comes out, and access to all the old ones. There are fifty-nine of them up so far, as well as a few other things like the monthly Q&As I’ve been doing for backers. I’m only making seven of these available on the public feed, so there’s a lot still there for you to listen to. If this works well, I might do another one next year, when there’ll be another fifty-odd episodes to choose from.
None of this is meant to put any pressure on anyone who can’t afford it to back the podcast — the podcast will always remain free to listen to, and I hope it will remain ad-free as well. I know times are especially tough right now, and many of you literally can’t afford the money you’re already spending, let alone paying any more out. I only want backers who can spare the money.
But if you can afford it, and you like these bonus episodes enough, then go to patreon.com slash andrewhickey, that’s spelled h-i-c-k-e-y, or follow the link in the shownotes, and sign up, and you’ll get one of these the same day as every new episode. If you can’t, well… enjoy this extra free bonus, and don’t worry about it.
This week, Nancy Grace makes her case against defense attorneys in general and Scott Peterson’s lawyer in particular. Digressions include Batman, tough on crime mixtapes and the Iraq War. After two and a half years, Sarah finds her first Satanic cult — but maybe the real Satanic cults are the friends we made along the way.
This episode summarizes the cases in Nancy Grace’s "Objection!," which include two child molestation and murder cases and a lengthy description of the autopsy report on the deaths of Laci and Connor Peterson.
Tensions between China and America are hastening a global technology-industry split. That is not just inefficient; it will have far-reaching geopolitical implications. Today’s scheduled federal execution in America runs counter to the public’s growing discomfort with the death penalty. And a look back at the composer Ennio Morricone and his most profound working relationship.
$2.5B is a huge amount of money for a fund raise, but it kinda makes sense when that company is Rivian — aka the biggest threat to Tesla yet. Women’s fertility startup Kindbody gets $32M to apply SoulCycle-nomics to egg freezing. And Joe Biden releases his $700B economic package.
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The most recent Supreme Court term saw huge progressive wins for DACA recipients, LGBTQ rights and abortion access. However, upon further inspection it’s clear that Chief Justice John Roberts is playing the long game when it comes to conservative issues on the court.
Guest: Dahlia Lithwick, writes about the courts for Slate and hosts the Amicus podcast
Slate Plus members get bonus segments and ad-free podcast feeds. Sign up now.
Climate change and this year's weather patterns are behind the record-breaking heat in Siberia. NPR Climate Reporter Rebecca Hersher tells us how it's contributed to all sorts of problems there — mosquito swarms, buckling roads, wildfires. And we'll hear how these high temps are threatening the livelihoods of Indigenous Russians.
Arizona’s governor pushed back the start of the school year from early-August to mid-August since his state has the worst Covid-19 numbers in the nation. Teachers unions don’t think that a two-week delay is enough to keep students, staff, and faculty safe.
The Biden-Sanders joint task force put out policy recommendations last week, and left-leaning members seem happy with the direction things are moving. The next step is getting these recommendations into the official Democratic party platform next month.
And in headlines: Dov Charney’s Los Angeles Apparel factory sees deadly coronavirus breakout, a new way to calculate dog years, and Tucker Carlson’s racist writer resigns.
