

Same thing with the UK deal…it’s just a framework but nothing is signed or agreed upon.
Same thing with the UK deal…it’s just a framework but nothing is signed or agreed upon.
Scott Bessent also has a Husband so kinda curious how he would feel if trump ever rotated to him to throw him under the bus.
Replace Texas with Tennessee for this article.
Ah man you are right. Rookie move on my part.
You left off Iran, Yemen, Gaza and Syria.
The author keys into some points critically important that most don’t think about. America imports more manufactured goods and raw materials than it exports. As the administration has endlessly gone on about. However, it exports more ‘services’ than any country in the world. I think Trump and Lutnick simply are assuming that won’t change or come under discussion. Most of these American ‘services’ exports are heavily advantaged in favour of American exporters to the UK and the EU. That’s because these ‘services’ are effectively not taxed, nor regulated. (With a few notable exceptions.) That’s because, in the EU particularly, there has historically been a deference to America—for implied military defense against Russian attack. The Oval office meeting w Zelensky, together with ignoring Denmark re: Greenland, and Canadian 51st state rhetoric has however finally started breaking the wall. Thereby freeing the UK and Europe to trend towards now taxing and regulating such American ‘services’. That will allow UK and EU competing ‘services’ to flourish. Because, essentially, the anti-circumvention laws, besides making certain American billionaires ridiculously rich, mainly serve to inhibit innovation.
They want to make an example of her to show how far they will go to get others to fall in line.
he’d declare “total victory” if import taxes were as high as 50% a year from now
“The country will be making a fortune,” Trump told Time, claiming businesses will reshore production to the United States, adding jobs and investment — a theory debunked by a large number of businesses and economists. “Oh, zero would be easy, but zero, you wouldn’t have any companies coming in. They’re coming in because they don’t want to pay the tariffs.”
That plan faces extreme challenges, including training American workers who have been hesitant to take factory jobs (the United States has nearly half a million open factory jobs it can’t fill, according to the Department of Labor’s latest job openings report). Also, tariffs themselves have made factory construction significantly more expensive. And even if businesses wanted to reshore production, that process can take years.
We live in the dumbest fucking timeline. He’s been obsessed with tariffs since the 80s and doesn’t understand the nuance you need to use them as an actual tool.
Because he’s cheap and didn’t wanna spend the money. It’s why the interior is so plain for the amount of money you spend.
You are in luck! Kevin O’Leary is in his ear about going to 400%…
Update he indeed doesn’t know
It’s all ragebaiting and clicks now.
Nah trump will claim everyone was there for him and there wasn’t a protest.
The base is fully bought in on the crazy idea Trump tanks the market so he can refi the debt and save billions in interest and also the fed will be forced to drop interest rates. It’s crazy though bc the impact of that will be catastrophic. The reason the US is so strong economically is because the dollar is the reserve currency of the world. You lose that power then it’s harder to bounce back if at all.
There have been multiple companies who have gone through public image issues that have survived, but never regained their original status in the market.
The thing that it has been with Tesla is the company value never made sense and it was driven by hype for Elon and his “genius vision”. With that facade going away the stock should continue to adjust to closer to other comparable car companies. Even recently they had a trailing P/E ratio of 121. That’s crazy with only so few things in their product pipeline that we know about.
So the question now is how does the new public perception impact any new products they launch in the near term and how do they recover the confidence of the consumers? Not saying that it can’t be done.
Tesla has been losing ground for a while. They were one of the first mass produced EVs with charging infrastructure, but now what makes them special? They have positioned themselves as a software/ai company but it was just a way to boost stock price. They don’t have full self driving (fsd) that’s been promised as next year for the past 10 years. On top of it they only rely on cameras for fsd and no lidar systems so I don’t think they’ll ever get full clearance outside the US.
So even if they ditch Elon I’m not sure if the sentiment can be brought back. Sure they may not go bankrupt but the stock should fall in line with other auto manufacturing companies.
Then privatize it to TurboTax
Step 1: Strip it and claim it’s not working
Step 2: Sell off and privatize
Step 3: Profit
Half the country has about a sixth grade reading comprehension level…so you definitely aren’t wrong.
This isn’t really a story since they literally filed paperwork they were selling ahead of time like they are obligated to do.