Sheldon Miller

PM Carney: “A lot of countries rushed into deals with the US—they weren’t really worth the paper they were written on.” I love the way Mark Carney calls out Trump’s performative bullshit. This is what I voted for.

Tesla is the most successful CON in the history of capital markets. Not because the cars are bad. But because the entire business is engineered to impress on first glance and collapse under scrutiny. And the culture around it has made facts completely IRRELEVANT. I've never seen a company where the gap between what is promised and what is delivered is this wide, for this long, with this little accountability. Tesla's Full Self-Driving system is marketed as autonomy. But it is not autonomy. It is a camera-only system running probabilistic inference. The car is making statistical guesses about what it sees, thousands of times per second, with no redundancy when those guesses are wrong. Probabilistic inference controlling a two-ton vehicle at highway speed with your family inside. NHTSA has two open investigations covering 3.2 million Tesla vehicles. One was escalated to a formal Engineering Analysis in March after 9 crashes, including a fatality, where the system FAILED to detect sun glare, fog, and dust. The cameras went blind and the car kept driving. In Austin, Tesla's robotaxi fleet has reported 15 crashes across roughly 800,000 miles. One crash every 57,000 miles. The average American driver has a police-reported crash every 500,000 miles. Tesla's robotaxis crash at roughly 4x the human rate, WITH a safety monitor sitting in the car whose only job is to prevent crashes. Waymo operates over 2,500 fully driverless vehicles across multiple cities with no human backup and maintains a crash rate 85% below human drivers across 127 million autonomous miles. Tesla has ONE unsupervised vehicle in a tiny section of Austin. But here's what really makes Tesla different from every overvalued company I've ever analyzed: The facts do not matter to the people who own this stock. Every missed deadline, every broken promise gets filtered through the same response: attack the messenger. Call them a short seller. Call them a hater. Anything to avoid looking at the actual numbers. It's an online ecosystem that has made itself completely immune to facts. And Musk baked that dynamic into the culture from the beginning. Every time the fundamentals deteriorate, the faithful don't sell. They double down. When your shareholder base treats every dip as a buying opportunity regardless of the data, the stock becomes untethered from reality entirely. That's literally a religion with a ticker symbol. I highly suggest you read Edward Niedermeyer's book Ludicrous on this. And now it even gets WORSE... CapeFearAdvisors published a piece this week that should be required reading. Tesla's 2025 CEO Performance Award contains a change-of-control provision: In the event of a change of control, ALL operational milestones are disregarded. No million robotaxis, Optimus robots, or $400 billion EBITDA. NONE of it. So if SpaceX acquires Tesla at $8.5 trillion, every tranche of Musk's 423 million share award vests immediately. A single acquisition at that price triggers the full vesting of both plans at once, with no way to claw them back. The milestones everyone argues about are just a distraction. The mechanism is the change-of-control language buried in the SEC filing. This is about engineering the largest personal wealth transfer in modern financial history and using the narrative machine to keep the price elevated long enough to execute it. I've seen every bust of the last four decades. But this one is different because the cult of personality is stronger than anything I've witnessed. The movement around this stock cannot be touched by facts, and that is what makes it so dangerous. But the math always wins. ALWAYS. It just takes longer when the con is this good.

Bombshell: Leaked audio recordings prove Argentina's libertarian President Javier Milei is conspiring with the drug lord Juan Orlando Hernández -- the drug-trafficking former dictator of Honduras, whom Trump freed from prison. In a recording between Milei and the drug lord, Hernández proposed creating a right-wing fake news operation, with the support of the US government, in order to spread propaganda online to "eliminate the left" in Latin America, targeting Mexico, Brazil, Colombia, Venezuela, and the left-wing opposition in Honduras. The self-declared "anarcho-capitalist" Milei offered to contribute $350,000 USD of Argentine government money to help fund this disinformation operation, while millions of Argentines are suffering in poverty, and they have to eat donkey meat, because they can't afford local beef. Link: jornada.com.mx/noticia/2026/0…

The EU remains the UK’s largest trading partner (~41% of exports and ~49% of imports in 2025). Leaving the Single Market and Customs Union created persistent trade frictions: more bureaucracy, rules of origin, and non-tariff barriers that have hurt export competitiveness and raised import costs. As a result, the UK has faced structurally higher inflation volatility and elevated bond yields. 1. UK 10-year government bond yields at their highest levels since the 2008 financial crisis. 2. Since 2016, UK inflation has mostly run above the EU, and has been consistently higher since 2021 — with recent CPI at ~3.3% vs ~2.6-2.8% and peaks above 11% vs ~10.6% in the Eurozone Brexit didn’t cause every problem — but it made the UK structurally less efficient. Studies estimate the UK economy is now 6-8% smaller than it would have been. And most Britons are increasingly recognising it: recent polls (YouGov 2025-2026) show ~55-56% now say it was the wrong decision, with ~61% viewing Brexit as more of a failure than a success. Reality is reality.

@SheldonMiller Obsessed again. #dcfc #dcfcfans

Forest will now have the support of the whole country on Thursday night, aside from a little patch in the West Midlands and Derbyshire. We should just focus on ourselves. Pick a full strength team tomorrow against Chelsea and a full strength team against Villa. As Cloughie always said: “Pick your strongest team to win your next game of football.” All about momentum. Nothing else matters at this business end of the season.

@CuriosityonX David Attenborough

If aliens requested a meeting with a sole individual to represent the human race, whom should we send?

@alitekintr Band of Brothers at # 44…nonsense

BBC Culture, en iyi 100 diziyi listeledi. Kaydedin lazım olur.

@callmeralph65 @ChampionsLeague “Tinpot”…do you need help counting your 1 European Cup?

@SheldonMiller @ChampionsLeague Bournemouth have got Man City and we’ve got Burnley you worry about keeping your tinpot club in the league.

Villa fans being told post full time that Forest have got Bournemouth on last day of the season. So if we’re safe by then guess what? You guessed it…. Just imagine little old Bournemouth in the @ChampionsLeague.

Nigel Farage takes his orders from Donald Trump and cash from Elon Musk. It’s time to cut the strings on foreign interference in our politics.

You would have thought Farage would welcome the opportunity to appear on the last Kuenssberg show before elections. He bottled it because he cannot cope with scrutiny. The man is a crook.

@Nigel_Farage x.com/vicderbyshire/…

BREAKING NEWS After 315 illegals arrived yesterday, even more are on their way today. Our country will pay a terrible price for this invasion of young, undocumented men.

Latest data on small boat arrivals from Home Office as of 1 May, 2026 1 January 2026 to 30 April 2026 = 6,416 people That’s 42% down on same period in 2025 gov.uk/government/pub…

Spot on, this 👇 I spent over a decade as a Bid Director, working on UK central and local government tender bids. Many were successful, some were not. Either way, a massive amount of time, resource & cost goes into a phased bidding process, sometimes taking years. All government contractual procurement should be open market to ensure best value for UK tax payers. Open market competition drives best practice and innovation. Closed market competition drives bloated margins, sub standard delivery of goods and services, inflation and ultimately erodes our overall economy. @GOVUK @cabinetofficeuk @hmtreasury x.com/EdwardJDavey/s…

Nigel Farage is being paid millions of pounds by foreign oligarchs, and the media is instead constantly attacking Zack Polanski. Can you see what’s going on here?

@nffc_tim @ForestFanBase Ted McMinn will vouch for that

"That side of the pitch has seen worse challenges than that!" -Stuart Pearce on Anderson's challenge 😂

“Obsessed”? Don’t flatter yourself. Not posted a single tweet about Derby all season as not given you lot a single thought. I’ve not looked at any of your results or games. Couldn’t have cared any less all season. Makes no difference to us. Only saw snippets today as I was flicking back & forth across 6 Championship games on the final day of the full fixture season and struck me how quiet the crowd were when everything was to play for.

Obsessed florest fan & ex editor of the stench Times forgetting how long it took them to go to the prem from coming back from league 1 all them years ago.... YEOVILLLLLL. #dcfc #dcfcfans

@FootballFunnys youtu.be/Lg2w0kmbtZc?si…

The best player that England has ever produced. 🏴󠁧󠁢󠁥󠁮󠁧󠁿

@FootballFunnys He was stellar but Gazza has been the best.