Some companies just need to be "recycled"

Just read this headline on marketwatch.com: Tesla charges up for an IPO

Electric-car maker seeks to raise up to $100 million. This could be first U.S. auto public offering since Ford went public in 1956.

This is how it should be. The company that got it wrong and is making the equivalent to noisy stinky steam engines instead of smooth quiet electric engines bites the dust. So from the ashes of the dirty car companies rise the next generation, future ready electric car makers.

It can have been nothing but complancency and laziness or stupidity that stopped the big car manufacturers from developing electric cars much faster?! How else could a small californian company come out of nowhere to become a serious long term threat to the petrol guzzling motors....

It's like the company I was following that makes components for CRT monitors and missed the LCD and TFT wave. Not always their own fault of course. Sometimes someone else just has new technology that is better and more effective and can't be bought in the open market.

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That aside;

I'm pretty surprised that EURUSD is where it is... 1.3861 .... glad I didn't hold onto my long EURUSD! Jesus....