Elon's $25 Trillion Confession

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Days after Hurricane Helene, a powerless mess remains in the Southeast

JEFFREY COLLINS
October 01, 2024

AUGUSTA, Ga. (AP) -- Sherry Brown has gotten nearly the entire miserable Hurricane Helene experience at her home. She's out of power and water. There is a tree on her roof and her SUV. She is converting power from the alternator in her car to keep just enough juice for her refrigerator so she can keep some food.

Brown is far from alone. Helene was a tree and power pole wrecking ball as it blew inland across Georgia, South Carolina and into North Carolina on Friday. Five days later, more than 1.4 million homes and businesses in the three states don't have power, according to poweroutage.us.

It's muggy, pitch black at night and sometimes dangerous with chainsaws buzzing, tensioned power lines ready to snap and carbon monoxide silently suffocating people who don't use generators properly. While there are fewer water outages than electric issues, plenty of town and cities have lost their water systems too, at least temporarily.

Brown said she is surviving in Augusta, Georgia, by taking "bird baths" with water she collected in coolers before she lost service. She and her husband are slowly cleaning up what they can, but using a chain saw to get that tree off the SUV has been a three-day job.

"You just have to count your blessings," Brown said. "We survived. We didn't flood. We didn't get a tree into the house. And I know they are trying to get things back to normal."

How long that might be isn't known.

Augusta and surrounding Richmond County have set up five centers for water for their more than 200,000 people -- and lines of people in cars stretch for over a half-mile to get that water. The city hasn't said how long the outages for both water and power will last.

At one location, a line wrapped around a massive shopping center, past a shuttered Waffle House and at least a half-mile down the road to get water Tuesday. By 11 a.m. it still hadn't moved.

Kristie Nelson arrived with her daughter three hours earlier. On a warm morning, they had their windows down and the car turned off because gas is a precious, hard-to-find commodity too.

"It's been rough," said Nelson, who still hasn't gotten a firm date from the power company for her electricity to be restored. "I'm just dying for a hot shower."

All around Augusta, trees are snapped in half and power poles are leaning. Traffic lights are out -- and some are just gone from the hurricane-force winds that hit in the dark early Friday morning. That adds another danger: while some drivers stop at every dark traffic signal like they are supposed to, others speed right through, making drives to find food or gas dangerous.

The problem with power isn't supply for companies like Georgia Power, which spent more than $30 billion building two new nuclear reactors. Instead, it's where the electricity goes after that.

Helene destroyed most of the grid. Crews have to restore transmission lines, then fix substations, then fix the main lines into neighborhoods and business districts, and finally replace the poles on streets. All that behind-the-scenes work means it has taken power companies days to get to where people see crews on streets, utility officials said.

"We have a small army working. We have people sleeping in our offices," Aiken Electric Cooperative Inc. CEO Gary Stooksbury said.

There are similar stories of leveled trees and shattered lives that follow Helene's inland path from Valdosta, Georgia, to Augusta to Greenville and Spartanburg, South Carolina, and into the North Carolina mountains.

In Edgefield, South Carolina, there is a downed tree or shattered power pole in just about every block. While many fallen trees have been cut and placed by the side of the road, many of the downed power lines remain in place.

Power remained out Tuesday afternoon for about 75% of Edgefield County's customers. At least two other South Carolina counties are in worse shape. Across the entire state, one out of five businesses and homes don't have electricity, including still well over half of the customers in the state's largest metropolitan area of Greenville-Spartanburg.

Jessica Nash was again feeding anyone who came by the Edgefield Pool Room, using a generator to sell the double-order of hamburger patties she bought because a Edgefield had a home high school football game and a block party downtown that were both canceled by the storm.

"People are helping people. It's nice to have that community," Nash said. "But people are really ready to get the power back."

Continue Reading...

Popular

Google Co-founder Sergey Brin's Mega Alphabet Stock Gift Tops $1.1 Billion

Sergey Brin donated over $1.1 billion in Alphabet stock this week, with the majority going to his nonprofit Catalyst4 and other charitable foundations.

Dogecoin Fakes A Rally Then Dumps 3%—But Why?

Dogecoin (CRYPTO: DOGE) fell close to 3% on Tuesday, as large holders shifted roughly $32 million worth of DOGE to exchanges, putting sellers back in control.

Trump's $5.3 Trillion "Manhattan Project" - Ad

Trump just launched a $5.3T AI-powered missile shield-America's modern "Manhattan Project." While defense giants scramble, one tiny firm is already 40x smaller than Lockheed... yet leads anti-drone tech in 300+ defense programs. With $1.3B in contracts, this stock could soar.

How Tyson's Chicken Business Will Offset Beef Weakness

Tyson shares rise as pricing catch-up expected to ease cost pressures; chicken strength offsets beef headwinds amid stable feed costs.

Silver Soars To Record Highs: It's Up 95% In 2025, The Best Year Since 1979

Silver prices surge over 5% as investors rush to secure metal amid tight supplies and global shortage concerns, driving up stocks and mining equities.

The Market Just Crossed a Dangerous Line - Ad

The man who predicted the 2008 crash and 2020 says today's soaring markets are NOT a bubble - they're something far stranger and more dangerous. He says it's about to change everything you know about money.

These 8 Democrats voted with Republicans on the government shutdown deal. Here's how they explain it

WASHINGTON (AP) — The Democratic senators — eight in total — faced almost instant blowback from members of their own party as to allow the Senate to move forward on that would reopen the government.

Trump attacks ABC News correspondent Mary Bruce in angry response to three sharp questions

NEW YORK (AP) — President Donald Trump denounced ABC News' Mary Bruce as a “terrible reporter” Tuesday and threatened the network's license to broadcast after she asked him three sharp questions at the White House.

Why Are 21 Billionaires Moving Their Money ASAP? - Ad

One of the biggest stock market events in 25 years is rapidly unfolding... The economist who predicted the 2008 Financial Crisis says it will be: "The Biggest Crash of Our Lifetime." It could cut the entire tech marketing by HALF.

Trump-Pardoned Ponzi Schemer Faces 37-Year Sentence For $44 Million COVID Scam

A previously convicted Ponzi schemer who had received a pardon from President Trump is heading back to prison due to involvement in a new fraudulent scheme.

"Tech Prophet" Who Predicted the iPhone Now Predicts... - Ad

George Gilder - who predicted the iPhone 17 years early and gave Reagan the first microchip - is making his boldest call yet. He says an American nanotech "super-convergence" could mint more millionaires than any event in recent memory. He's found 3 stocks set to benefit the most.

Here's what to know about the federal ban threatening the market for THC-infused drinks and snacks

MINNEAPOLIS (AP) — The production lines at Indeed Brewing moved quickly, the cans filling not with beer, but with THC-infused seltzer. The product, which features the compound that gets cannabis users high, has been a lifeline at Indeed and other craft breweries as in recent years.

Legally "Skim" $6,361 Into Your Account? - Ad

A former hedge fund manager is now sharing his "Skim Codes" with regular people. They're not stocks. They're not crypto. They're 18-character codes designed to profit from recent market conditions. All you have to do is punch them into an ordinary brokerage account. 84% of these codes have given people the chance to generate cash payouts so far... and his next code is going out any day now.

JPMorgan Forecasts Bitcoin Bottom, Anticipates $28.3 Trillion Challenge To Gold By 2026

Analysts at JPMorgan have pinpointed the lowest point of the ongoing Bitcoin (CRYPTO: BTC) price fall and also projected a substantial chall

Trump Withdraws Support For 'Wacky' Marjorie Taylor Greene In Sudden, Fiery Split: 'I Can't Take...'

President Donald Trump said he is withdrawing his endorsement of longtime ally Rep. Marjorie Taylor Greene — here's what happened.

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

BitMine (BMNR) Stock Rises As Company Continues Stacking Ethereum

BitMine Immersion Technologies Inc (AMEX:BMNR) shares are trading higher on Monday.

California revokes 17,000 driver's licenses. But the state disputes it is over immigration concerns

California plans to revoke 17,000 commercial driver’s licenses given to immigrants after the Trump administration raised concerns about people in the country illegally receiving licenses to drive a semitruck or a bus. But Gov. Gavin Newsom said that isn't the reason.

Why Are Wall Street Insiders Moving Their Money to This One Asset? - Ad

Something far more consequential for your money than tariffs is unfolding behind the scenes... Tucked inside this overlooked directive is a plan set to be executed for the first time in in U.S. history. One Stansberry Research's Senior Partner says it's set to trigger a rare window for potentially explosive gains in ONE asset immediately. (Not AI or crypto). Wall Street insiders are already positioning themselves... and he insists you should, too, before it's too late.

Veterans Day: What's open, what's closed

WASHINGTON (AP) — The Veterans Day holiday began more than a century ago, albeit under a different name, as a celebration of the end of World War I. Over time its name and purpose evolved into a day of recognition for of as well as those currently serving in uniform.

Zohran Mamdani Says No More Thanking Veterans Today, Forgetting Tomorrow — Trump, Obama And Others Express Gratitude For Service

America's top political and tech leaders — including Donald Trump, Barack Obama, Tim Cook, and Sundar Pichai — marked Veterans Day 2025 with tributes honoring the courage and sacrifice of U.S. service members.

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

Trump Triggered 70% Gains Overnight -- This Rare Earths Stock Could Be Next - Ad

Trump's turning tiny mining stocks into overnight fortunes... and this little-known rare earths miner could be his next billion-dollar BUY. If Trump cuts a deal you could see a 50% to 200% pop overnight. But you must act before the next deal hits the wire.

Amazon's $150 Billion AI Capex Surge Could Force Its First Big Bond Deal In Years

Amazon may need to tap Wall Street for funds as it faces rising AI and data center spending, despite sitting on $84 billion in cash.

Elon's $25 Trillion Confession - Ad

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Dan Ives Calls Nvidia The 'Indisputable Rocky Balboa' Of AI And Gene Munster Agrees As The Jensen Huang-Led Tech Giant Faces Rare November Slump

Despite a rare November stock pullback and rising competition from Google and Broadcom, analysts including Dan Ives and Gene Munster continue to hail Nvidia as the leading force in the AI chip market.

Furor over editing of Trump speech sparks 'existential crisis' at the BBC

LONDON (AP) — The of two top bosses over the editing of a speech by U.S. President Donald Trump dealt a huge blow to the broadcaster, which is revered by some in Britain as a national treasure but derided by others as outdated and left-leaning.

Trump's $5.3 Trillion "Manhattan Project" - Ad

Trump just launched a $5.3T AI-powered missile shield-America's modern "Manhattan Project." While defense giants scramble, one tiny firm is already 40x smaller than Lockheed... yet leads anti-drone tech in 300+ defense programs. With $1.3B in contracts, this stock could soar.

Cipher Mining Stock Pops As JPMorgan Moves To Overweight

Cipher Mining shares are rising Monday after JPMorgan upgraded the stock to Overweight and raised its price target to $18.

Why Is Sigma Lithium Stock Gaining Friday?

Sigma Lithium posts Q3 revenue of $28.5M, EPS loss narrows to 10 cents, as sales volumes rise 21% and lithium prices jump 33% Q/Q.

The Market Just Crossed a Dangerous Line - Ad

The man who predicted the 2008 crash and 2020 says today's soaring markets are NOT a bubble - they're something far stranger and more dangerous. He says it's about to change everything you know about money.

Donald Trump Fueled Bitcoin's Rise Beyond $100,000 — Can BTC Survive His 2028 Exit?

Bitcoin (CRYPTO: BTC) may face its biggest political stress test yet in 2028 when President Donald Trump leaves office and the pro-crypto admin

Why Are 21 Billionaires Moving Their Money ASAP? - Ad

One of the biggest stock market events in 25 years is rapidly unfolding... The economist who predicted the 2008 Financial Crisis says it will be: "The Biggest Crash of Our Lifetime." It could cut the entire tech marketing by HALF.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service