california-wildfires-scorch-pg&e-stock-by-50%-in-just-7-days

PG&E stock hovers precariously above its all-time low as the California wildfires continue unabated. The company may have even started two fires unintentionally. With $30 billion in outstanding liabilities, financial prospects are looking grim. If anyone thought utilities were a safe place for investors to hide, they’d need to think again. Even if the stock…

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elon-musk-in-twitter-return-pushes-tesla’s-powerwall-over-pg&e-fears

After taking a brief break from Twitter, Tesla CEO Elon Musk is back with a bang, raising the astonishing issue that bankrupt PG&E could result in rolling blackouts for the next decade. Elon Musk’s PG&E Tweet Hints at Need for Powerwall On the face of it, this appears to be a problem for Elon Musk…

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