☕️ Good Saturday morning ...
Breaking: "Elon Musk scrapped his plan to take Tesla Inc. private, a remarkable reversal more than two weeks after blindsiding employees and investors with the idea in a bombshell tweet," Bloomberg reports.
Illustration: Rebecca Zisser/Axios
The writing is on the wall, top Republicans tell us: Democrats will likely win the House and undoubtedly move to impeach President Trump.
This is where the insane run of politics could hit peak insanity: Trump knows all he will need is 34 Republican votes in Senate to save his presidency, if he were impeached by the House and tried by the Senate. It takes 67 of 100 senators to remove a president from office.
This wall would include:
Why it matters: Yes, this is premature. But also yes, the thinking around Trump is turning to survival in impeachment proceedings.
Be smart ... An experienced Senate vote-counter, on why no one is likely to be #34 to save Trump: "If you lose 10 Rs on something like impeachment, you’re going to lose them all. I think it’s [preserve the] majority [in November] or bust."
"The Democratic Party has begun conversations with television networks about a series of presidential primary debates in 2019," AP's Bill Barrow reports:
The Catholic church’s sex scandal is crushing one of the world’s most powerful institutions. The numbers are brutal and speak to rapid, spreading decline, Axios' Haley Britzky reports:
The bottom line: Outside of Africa, the number of priests and self-identified Catholics has been steadily dropping, with fewer and fewer young people joining the church.
Go deeper: Catholic church faces ominous decline
Celebrating a storied life: "One word ['maverick'] is sure to surface again and again as Sen. John McCain's legacy is detailed and debated in the wake of his decision to discontinue medical treatment for a deadly form of brain cancer," Arizona Republic national politics editor Dan Nowicki writes.
"Amid concerns that conservative voices are being silenced on social media, a U.S. House committee announced ... that Twitter CEO Jack Dorsey and other tech executives will appear before the panel on Capitol Hill Sept. 5," Fox News reports.
House Majority Leader Kevin McCarthy, who pushed for the testimony, said in a statement:
"The Videogame Industry Reaches for the Cloud: How efforts to create Netflix-like platforms for videogames could transform the industry and attract many more games," by Barron's senior editor Jack Hough in Redwood City, Calif.:
Be smart: "Two maxims that have guided investors to profits in the information age are 'software is eating the world' and 'content is king' ... Cloud gaming sits at that intersection of software and content."
🏖 Thanks for reading. We'll see you all weekend with a Virginia Beach edition of Axios.com.