(There’s a lot more words that basically just elaborate on that statement.)
Edit: Holy shit, the president has a feud with Musk, and suddenly Tesla takes a dive in value:
I’m not sure what that says - that people expect Trump will punish Tesla for his dislike of Musk, or the over-inflated price of Tesla was premised on crony capitalism, or both?
This cracked me right up
This is an empty mall in one of Detroit’s NW suburbs, Farmington Hills.
From: Trump-Musk row slams Tesla shares, $150 billion in market value wiped out
(Wish that the link thing didn’t dislike Reuters so much…)
Sorry for the side trip but…
Spent lots of time in that parking lot at Marvin’s Marvelous Mechanical Museum, know around the country for their vintage arcade games and coin operated machines.
It’s currently being relocated, hopefully it reopens this summer.
I believe I owe some cokes re the current lover’s spat (I thought the caption was apt);
I was so glad they mentioned Marvin’s, and where it’s moving !!!
However you slice it, what that means is that $150 billion (and counting) of Tesla’s value was entirely dependent on Musk’s relationship with Trump.
Definitely a lot more than that. Plenty of room to drop yet just to get back to the pre-election levels.
And plenty of room to drop further…
Tesla trades at 150 times profit estimates, a steep premium to other Big Tech stocks such as Nvidia.
“I am short Tesla. I don’t understand it. I don’t understand its valuation. I don’t understand its fundamentals. I think it’s overhyped,” Bob Doll, Crossmark Global Investments chief investment officer, said.
I mean… yeah.
Nope, nope, nope!
Dear Rep. Khanna, I like you just fine, but with all due respect, please shut the fuck up. Thanks.
Court him for what? What does he even do?
For what? Tax breaks and Medicaid cuts?
No shit, Sherlock. As Trump said:
I’ve known Jeff [Epstein] for 15 years. Terrific guy, He’s a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side.
Is that what the kids are calling it these days?
