Tesla loses bid to overturn Louisiana’s ban on direct car sales
The case is part of Tesla’s strategy of reversing direct sales bans in some states.
Polestar forms $200M software JV with Geely unit
The new unit will develop Xingji Meizu’s technology platform, Flyme Auto, into an operating system to offer in-car apps and intelligent vehicle software.
Bankrate: Why is portfolio diversification important for investors?
James Royal | Bankrate.com (TNS)
Portfolio diversification involves investing in many different securities and types of assets so that your overall return doesn’t depend too much on any single investment. Financial experts often recommend a diversified portfolio because it reduces risk without sacrificing much in the way of returns. In fact, you may ultimately earn a higher long-term investment return by holding a diversified portfolio.
Here’s how diversification works, why it’s so important and how to diversify your portfolio.
Key takeaways
—Diversification involves spreading your money across a variety of investments and asset classes.
—A diversified portfolio helps to reduce risk and may lead to a higher return.
—Investments that move in opposite directions from one another will add the greatest diversification benefits to your portfolio.
What is diversification?
Diversification means owning a variety of assets that perform differently over time, but not too much of any one investment or type. In terms of stock investing, a diversified portfolio would contain 20-30 (or more) different stocks across many industries. But a diversified portfolio could also contain other assets – bonds, funds, real estate, CDs and even savings accounts.
After scrub, ULA will try again for 1st liftoff of 2023 on historic Delta IV Heavy mission
CAPE CANAVERAL — With 30 Space Coast launches in the book mostly from SpaceX, United Launch Alliance was finally set to send up its first of the year, but the penultimate liftoff of its Delta IV Heavy rocket, the last of the Delta family of rockets, was scrubbed early Wednesday. The team, though, will give it another shot early Thursday.
ULA said an issue with a ground systems pneumatic valve forced the delay of the mission for the National Reconnaissance Office.
NROL-67 now has an updated target liftoff of 3:25 a.m. Thursday from Cape Canaveral Space Force Station’s Space Launch Complex 37.
Space Launch Delta 45’s weather squadron predicts an 80% chance for favorable conditions early Thursday or if it faces another delay until Friday.
“Everything’s looking great and we’re on track to launch another vitally important national security capability into space,” Maj. Gen. Stephen Purdy had said earlier this week before the scrub. Purdy leads the SLD 45 and is the executive officer for the Assured Access to Space program run by the Space Force. “This will be our third national security launch this year. We’ve worked alongside ULA to prepare this Delta IV Heavy, and in just a few days the team’s hard work will culminate in this highly anticipated launch.”
More Americans are getting auto loans that exceed the worth of their cars
Used car loan-to-value ratios increased to 125 in the first three months of this year from 104 for the same period in 2021.