Rep. Thomas Massie (R-KY) Powers His Home With A Tesla Car Battery
Congressman Thomas Massie (R-Kentucky) lives completely off the power grid. His house runs completely on renewable energy. Just recently, he took a 900-mile round-trip journey to buy a Tesla battery from a wrecked vehicle and converted it to power his home.
Congressman Massie studied electrical and mechanical engineering at MIT. He has filed over 30 patents in the field of robotics and virtual reality. Rep. Massie says he lived off the grid years before he considered entering Congress, adding that people are often shocked to hear his story. As a libertarian, he believes Americans should be free from government regulations.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
