Elon Musk can't seem to catch a break lately with cash burn rates surging to new highs every quarter and embarrassing rumors suggesting that the company, one that was supposed to be the most technologically sophisticated auto manufacturer in the world, has been making parts by hand to try to get Model 3s on the road.
With at least 29 dead, and over 3500 houses destroyed, the devastating series of fires that has ravaged Northern California's Wine Country has to be seen to be believed. As smoke clogs the air up to 100 miles away and with schools and sports programs shut down across the entire NorCal region, this disaster is already being called states deadliest wildfire in history.
Disaster victims in Puerto Rico, Texas and Florida can breath a sigh of relief. A piece of legislation authorizing $36.5 billion in aid for communities affected by recent hurricanes and wildfires easily passed the House on Thursday, despite some conservatives' concerns about the growing cost of disaster relief as wildfires raging in California - expected to be the costliest in modern California history - place yet another strain on FEMA's budget. All of those who voted against the legislation were from Republicans, but the bill managed to passeasily in the 353-69 vote.
Hurricane Irma wiped out nearly 50% of Florida’s iconic orange crop when it buffeted the state with 160 mph winds and a massive storm surge last month, sending orange concentrate futures rocketing higher and stoking speculation that the state’s embattled orange growers – already struggling to fend off a worsening “greening” epidemic that’s constrained production over the past decade – might never recover.
After slackening earlier in the week, the dry, nearly hurricane-force winds that have been fanning the flames in Northern California picked up again overnight, revitalizing what some are already describing as the most devastating wildfires in the state’s modern history.