Futures "edge" higher, but not enough to require shades. Crude and Gold down slightly. Bitcoin down over 4% and nearing the $8,000 Mendoza Line. It seems like it wasn't too long ago that President Xi boosted Bitcoin by talking about block chain technology. How quickly things change in the world of Bitcoin. Tesla confirms in a Weibo post that it will be displaying the Model 3 Standard Range Plus in showrooms in China this Friday. Shares up fractionally on this Breaking News. In other Tesla news, Tesla's battery project with Neoen in South Australia became "the world's largest battery" when it was completed two years ago, and now it's expanding by 50% to 150 megawatts. Unveiled Sunday night in Los Angeles, the Mach-E will relaunch Ford's EV efforts, as part of an $11B plan to to develop 40 new all-electric and hybrid models by 2022. Shot has been fired across the bow of Tesla. 40 new all-electric and hybrid models in the next three years? How's that Tesla pickup truck coming along? Long $F and pleased with their direction. WeWork is reportedly being investigated by the New York State Attorney General. According to Reuters, the NYAG’s questions include if WeWork founder and former CEO Adam Neumann engaged in self-dealing. Joining the growing ranks of large U.S. companies phasing out guaranteed retirement benefits, FedEx is closing its pension plan to new U.S. hires starting in 2020. The shipping giant instead will launch a new 401(k) plan at the start of 2021 with a higher company match (contributing up to 8% of employee salaries, if employees provide 6% of their salary). 14% contribution sounds like a nice path to retirement to me. 30 years ago I would have gladly gone the 14% contribution path as opposed to my NYSTRS pension. Seems FedEx employees will be just fine without "guaranteed retirement benefits." California is taking further action, saying it will no longer purchase new vehicles for state government fleets from GM, Toyota, and Fiat Chrysler, as well as other automakers that have backed the Trump administration in a battle to strip the state of authority to regulate tailpipe emissions. Day 3 at the Dubai Air Show fared much better for Boeing (NYSE:BA), as the world's biggest planemaker received bids for 50 737 MAX jets amid forecasts of a potential December return for the grounded aircraft. Kazakhstan-based Air Astanta said it plans to purchase 30 737 MAX 8s, an undisclosed buyer purchased 10 MAX 10s, while Turkey's Sunexpress ordered ten MAX 8s. And there you have the daily Boeing update, brought to you by Boeing. Spent the weekend in NYC and have to say that I was impressed with our visit. Fantastic experience. Easy to get around and folks were very friendly. Outstanding food, as we ate at spots that were popular with locals and not tourists. The Metropolitan Museum of Art was breathtaking. Throw in a college football game at MetLife stadium in which my son played and photos on the field following an Ithaca College victory and I was happy to miss a day of WSB banter yesterday. Plastic straws were offered at every place we ate. We did not use them. Notice plenty of folks smoking too. I did not see any over-sized soft drinks, however. Notes via dcv.