20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Mexico’s Secretary of Foreign Relations visited the site where Tesla Inc.’s (NASDAQ:TSLA) Gigafactory will be built in the country and said that it will have the lowest water consumption of any automobile factory in the world.
What Happened: Marcelo Ebrard Casaubon shared a panoramic view of the Gigafactory site on Twitter and shared comments on water consumption on Tuesday.
Panorámica del predio en el que Tesla construirá la planta automotriz con menor consumo de agua del mundo. pic.twitter.com/7n7jTclBi2
— Marcelo Ebrard C. (@m_ebrard) March 28, 2023
When translated to English, the tweet states, “Panoramic view of the property where Tesla will build the automotive plant with the lowest water consumption in the world.”
Tesla analyst Sawyer Merrit shared some tweets from the Mexican official, including one in which he can be seen inside a Tesla vehicle with the Governor of Nuevo León Samuel Alejandro García Sepúlveda.
Mexican Foreign Secretary and the Governor of Nuevo León touring the Telsa Giga Mexico property location in a Model X. They also met with some Tesla team members on site. pic.twitter.com/quENZJOn2w
— Sawyer Merritt (@SawyerMerritt) March 28, 2023
Why It Matters: A blog published by chemical multinational DuPont states that the automotive industry uses nearly 40,000 gallons of water to make one car. Water is used in almost every stage of automotive manufacturing, according to DuPont.
Before the Tesla Gigafactory was announced in late February, Mexican President Andres Manuel Lopez Obrador and the EV-maker's CEO Elon Musk had held discussions over the telephone. The president had later addressed water supply constraints at the then-potential Nuevo León site.
Obrador, who was hesitant earlier in committing to the site in Nuevo León, gave his go-ahead after the president was given reassurance by Musk that the factory will use recycled water.
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20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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