Duke Energy Corp
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Utilities : Electric Utilities | Large Cap Value
Company profile

Duke Energy Corporation (Duke Energy) is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables. The Company operates in the United States through its direct and indirect subsidiaries. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States. The operations include electricity sold wholesale to municipalities, electric cooperative utilities and other load-serving entities. The Gas Utilities and Infrastructure segment serves residential, commercial, industrial and power generation natural gas customers. The Commercial Renewables primarily acquires, builds, develops and operates wind and solar renewable generation throughout the continental United States.

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UPDATE: Elon Musk's actions encourage 'outrageous behavior' and he needs to 'grow up,' says green-tech blogger

8:50 am ET May 16, 2020 (MarketWatch)

By Shawn Langlois, MarketWatch

That's CleanTechnica blogger (https://cleantechnica.com/2020/05/13/random-thoughts-on-elon-musk-the-fremont-factory-liberty-the-coronavirus/) Steve Hanley reconsidering his purchasing plans for a new Tesla(TSLA)Model Y in a fiery takedown of Elon Musk on Wednesday.

Hanley said he has, for many years, had a "sneaking suspicion" that the Tesla boss is "an arrogant ass." Specifically, he took issue with the misleading "Autopilot" label for his cars, as well as Musk's "frankly stupid" decision to tweet about the company's stock price, to name a couple.

The latest dust-up with Alameda County over public-health directives, in which Musk threatened to move his company out of California, is just the latest example.


Hanley said it comes across as "the actions of a self-important jerk who believes he can defecate in the middle of a crowded room and pretend nothing out of the ordinary happened."

Read: California assemblywoman hits Musk with an F-bomb (http://www.marketwatch.com/story/california-assemblywoman-hits-elon-musk-with-an-f-bomb-after-he-says-will-move-teslas-hq-out-of-state-2020-05-10)

The issue for Hanley goes well beyond the assembly lines at the Tesla factory.

"Such shenanigans have a deleterious effect on other members of society," he explained. "It is becoming fashionable now, as the coronavirus crisis drags into its 9th week, for some people to claim -- loudly -- that all health directives, whether at the city, county, state, or federal level, are unconstitutional violations of their personal liberty."

And we've seen plenty of that, ranging from the armed protesters at the Michigan state house or the raucous bunch in Southern California marching for the right to access beaches.

"Elon would never acknowledge this, but his actions encourage such outrageous behavior," Hanley wrote. "If Musk was a private citizen on an island in the Pacific, no one would care if he walked around naked throwing hand grenades at the local fauna, but a person who thrusts himself into the public eye should expect to behave with some decorum."

From there, Hanley directed his rant toward the White House.

"America is currently ruled by petulant people who behave like two-year-olds with full diapers," he wrote. "Liberty doesn't mean being able to do any goddamn thing you please."

Tesla representatives didn't immediately respond to a request for comment.

While Musk continues to be a controversial figure during the coronavirus pandemic, there's no assailing the performance of Tesla's stock, which has nearly doubled since the beginning of the year while the S&P 500is down about 12% over the same period.

CleanTechnica claims to be the No. 1 cleantech-focused website in the world, reaching some 7 million readers globally each month. Apparently, it can count Musk as a reader, considering he retweeted the website's story earlier this week (https://twitter.com/cleantechnica/status/1260419060564664325) about Tesla employees returning to work.

-Shawn Langlois; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 16, 2020 08:50 ET (12:50 GMT)

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