Wont even start production until late next year. Now while its a good headline number, all those deposits, of course, are refundable. But jon, a lot of discussion about how many they can make, how quickly. How much money they have to make them, no matter what the orders are. I view this as an indication of interest, not necessarily of demand. I mean, this is a 35,000 car in a way that a starting price with 7. 500 off if you get that federal subsidy. But the first one to roll off the line that people are waiting in line for, they might be 55,000 cars. Its not like these people went through credit checks to make sure they can actually afford that. And if they have to give the money back because they cant afford the car, so what. You look at luxury car sales in 2015, bmw, 346,000 and was number one. Thats getting close to these numbers. So can they even make these this many. Can all these people afford them . Lots of open questions here. But very interesting interest. Jessica, they almost
World. M talking about what some are calling an unprecedented leak of more than 11 million documents from one of the biggest offshore law firms that shows how some of the most richest and powerful people use tax havens to their advantage. No americans have been named, so far. One trail seems to lead to russian president vladmir putin. The others include president s from iceland and pakistan. The biggest revelation show how some created Shell Companies and secret investments. Theres still much we dont know. First off, these structures are not necessarily illegal, is that correct . Thats right. Under u. S. Law, any way. Were dealing with people around the world. Under u. S. Law its not necessarily illegal to have an offer shore company. You have to disclose the assets when its time to pay your taxes and presumably a lot of people did it to avoid paying taxes. You have to go on a case by case basis to determine that. Why no americans on the list, at least so far . Thats one of the great m
Calling an unprecedented leak of more than 11 million documents from one of the biggest offshore law firms that shows how some of the most richest and powerful people use tax havens to their advantage. No americans have been named, so far. One trail seems to lead to russian president vladmir putin. The others include president s from iceland and pakistan. The biggest revelation show how some created Shell Companies and secret investments. Theres still much we dont know. First off, these structures are not necessarily illegal, is that correct . Thats right. Under u. S. Law, any way. Were dealing with people around the world. Under u. S. Law its not necessarily illegal to have an offer shore company. You have to disclose the assets when its time to pay your taxes and presumably a lot of people did it to avoid paying taxes. You have to go on a case by case basis to determine that. Why no americans on the list, at least so far . Thats one of the great mysteries here. One of the things we d
Calling an unprecedented leak of more than 11 million documents from one of the biggest offshore law firms that shows how some of the most richest and powerful people use tax havens to their advantage. No americans have been named, so far. One trail seems to lead to russian president vladmir putin. The others include president s from iceland and pakistan. The biggest revelation show how some created Shell Companies and secret investments. Theres still much we dont know. First off, these structures are not necessarily illegal, is that correct . Thats right. Under u. S. Law, any way. Were dealing with people around the world. Under u. S. Law its not necessarily illegal to have an offer shore company. You have to disclose the assets when its time to pay your taxes and presumably a lot of people did it to avoid paying taxes. You have to go on a case by case basis to determine that. Why no americans on the list, at least so far . Thats one of the great mysteries here. One of the things we d
Sea. No, not a giant squid or Chris Hemsworths biceps, theres a gigantic cargo ship in operation. Look at that thing. It literally is a monster ship. I know, and we are going it talk about how this could change the shipping business forever. Tyler is out all week. You just saw mandy doing the halftime report. A lot of swaps going on today. Stocks are sinking on the final trading week of the year. Major averages down a half a percent overall but its not all bad this year. If you own these stocks, treat your family to a nice dinner soon because you have made some money. Netflix up 135 , amazon up 115 , activision nearly doubling this year and nvidia up more than 60 . Oil and Gas Companies have been leading the declines. Chesapeake down 80 for the year. Consol and southwest energy down 75 and a list too long to mention of many more stocks down 30 , 40 or even 50 in the group so far this year. In the meantime, the financial and the Telecom Sectors are kind of the january and peter bradys o