Tesla (NASDAQ: TSLA) stock peaked at $480 per share in December. At the time, Donald Trump had just won the presidential election with tremendous financial support from CEO Elon Musk, and investors were confident the company would benefit from their relationship.
But the opposite has happened.
Tesla stock has plummeted 50% from its record high and market share losses have accelerated as Musk's involvement in politics has created a "brand crisis" for the company, according to equity analyst Dan Ives at Wedbush Securities.
While Tesla manufactures vehicles in the U.S., the company also relies on imported parts now subject to a 25% tariff imposed by the Trump administration. Also, Musk has become a polarizing political figure because of his involvement with the Department of Government Efficiency, which has undoubtedly alienated potential customers in every major market.
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Tesla (NASDAQ: TSLA) stock peaked at $480 per share in December. At the time, Donald Trump had just won the presidential election with tremendous financial support from CEO Elon Musk, and investors were confident the company would benefit from their relationship.
But the opposite has happened.
Tesla stock has plummeted 50% from its record high and market share losses have accelerated as Musk's involvement in politics has created a "brand crisis" for the company, according to equity analyst Dan Ives at Wedbush Securities.
While Tesla manufactures vehicles in the U.S., the company also relies on imported parts now subject to a 25% tariff imposed by the Trump administration. Also, Musk has become a polarizing political figure because of his involvement with the Department of Government Efficiency, which has undoubtedly alienated potential customers in every major market.
Two Trump appointees, rule against his anti-DEI policy
CNN —
President Donald Trump’s efforts to crackdown on diversity, equity and inclusion programs suffered a major legal blow Thursday as three separate judges – two of them appointed by the president – ruled against [his racist] policy that threatened to withhold federal funding for schools engaging in DEI or incorporating race in certain ways in many other aspects of student life.
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Two Trump appointees, rule against his anti-DEI policy
CNN —
President Donald Trump’s efforts to crackdown on diversity, equity and inclusion programs suffered a major legal blow Thursday as three separate judges – two of them appointed by the president – ruled against [his racist] policy that threatened to withhold federal funding for schools engaging in DEI or incorporating race in certain ways in many other aspects of student life.
In his first 100 days in his Reich, Trump's regime has managed: • upending the lives of hundreds of thousands of federal workers; • unilaterally sentencing hundreds, perhaps thousands, of migrants to life sentences in a notorious El Salvador prison without due process under the law; • switching sides in the Ukraine war to favor the terrorist-aggressor; • and even worse, costing Americans trillions from their retirement accounts • while putting the country on the path to a trade-war-induced recession.
One thing he has NOT done, despite campaign promises: lower Americans’ grocery bills.
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HP -
In his first 100 days in his Reich, Trump's regime has managed: • upending the lives of hundreds of thousands of federal workers; • unilaterally sentencing hundreds, perhaps thousands, of migrants to life sentences in a notorious El Salvador prison without due process under the law; • switching sides in the Ukraine war to favor the terrorist-aggressor; • and even worse, costing Americans trillions from their retirement accounts • while putting the country on the path to a trade-war-induced recession.
One thing he has NOT done, despite campaign promises: lower Americans’ grocery bills.
Former VP Pence will receive the Profile in Courage Award for his righteous actions on Jan 6
BOSTON (AP) — Former Vice President Mike Pence on Sunday will receive the John F. Kennedy Profile in Courage Award for his refusal to go along with Trump’s illegal efforts to remain in office after losing the 2020 election.
The award recognizes Pence “for putting his life and career on the line to ensure the constitutional transfer of presidential power on Jan. 6, 2021,” the JFK Library Foundation said. Pence will receive the award at the JFK Library in Boston.
Trump pressured Pence to reject election results from swing states where the Republican president falsely claimed the vote was marred by fraud.
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HEADLINES today . . .
Former VP Pence will receive the Profile in Courage Award for his righteous actions on Jan 6
BOSTON (AP) — Former Vice President Mike Pence on Sunday will receive the John F. Kennedy Profile in Courage Award for his refusal to go along with Trump’s illegal efforts to remain in office after losing the 2020 election.
The award recognizes Pence “for putting his life and career on the line to ensure the constitutional transfer of presidential power on Jan. 6, 2021,” the JFK Library Foundation said. Pence will receive the award at the JFK Library in Boston.
Trump pressured Pence to reject election results from swing states where the Republican president falsely claimed the vote was marred by fraud.
Former VP Pence will receive the Profile in Courage Award for his righteous actions on Jan 6
BOSTON (AP) — Former Vice President Mike Pence on Sunday will receive the John F. Kennedy Profile in Courage Award for his refusal to go along with Trump’s illegal efforts to remain in office after losing the 2020 election.
The award recognizes Pence “for putting his life and career on the line to ensure the constitutional transfer of presidential power on Jan. 6, 2021,” the JFK Library Foundation said. Pence will receive the award at the JFK Library in Boston.
Trump pressured Pence to reject election results from swing states where the Republican president falsely claimed the vote was marred by fraud.
Pence rejected the Secret Service’s advice that he leave the Capitol, staying to continue the ceremonial election certification of Democrat Joe Biden’s presidential victory once the dumbass MAGA rioters were cleared.
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Quote Originally Posted by fubah2:
HEADLINES today . . .
Former VP Pence will receive the Profile in Courage Award for his righteous actions on Jan 6
BOSTON (AP) — Former Vice President Mike Pence on Sunday will receive the John F. Kennedy Profile in Courage Award for his refusal to go along with Trump’s illegal efforts to remain in office after losing the 2020 election.
The award recognizes Pence “for putting his life and career on the line to ensure the constitutional transfer of presidential power on Jan. 6, 2021,” the JFK Library Foundation said. Pence will receive the award at the JFK Library in Boston.
Trump pressured Pence to reject election results from swing states where the Republican president falsely claimed the vote was marred by fraud.
Pence rejected the Secret Service’s advice that he leave the Capitol, staying to continue the ceremonial election certification of Democrat Joe Biden’s presidential victory once the dumbass MAGA rioters were cleared.
If Pence would have refused to count some electors, then the threshold needed to certify the presidential election would drop from the regular 270-vote majority to a lesser number — one presumably that Trump could reach.
If Democrats in Congress objected to that, as Eastman predicted they would, then under current law the House would be called on to decide the presidency. In that scenario, because the House would vote by individual state congressional delegations, which were mostly Republican majority, the numbers would align for Trump to win.
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What if PENCE had not acted righteously?
L.Mascaro
If Pence would have refused to count some electors, then the threshold needed to certify the presidential election would drop from the regular 270-vote majority to a lesser number — one presumably that Trump could reach.
If Democrats in Congress objected to that, as Eastman predicted they would, then under current law the House would be called on to decide the presidency. In that scenario, because the House would vote by individual state congressional delegations, which were mostly Republican majority, the numbers would align for Trump to win.
HEADLINES today . . . Former VP Pence will receive the Profile in Courage Award for his righteous actions on Jan 6 BOSTON (AP) — Former Vice President Mike Pence on Sunday will receive the John F. Kennedy Profile in Courage Award for his refusal to go along with Trump’s illegal efforts to remain in office after losing the 2020 election. The award recognizes Pence “for putting his life and career on the line to ensure the constitutional transfer of presidential power on Jan. 6, 2021,” the JFK Library Foundation said. Pence will receive the award at the JFK Library in Boston. Trump pressured Pence to reject election results from swing states where the Republican president falsely claimed the vote was marred by fraud.
good for democracy good for pence
"I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
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Quote Originally Posted by fubah2:
HEADLINES today . . . Former VP Pence will receive the Profile in Courage Award for his righteous actions on Jan 6 BOSTON (AP) — Former Vice President Mike Pence on Sunday will receive the John F. Kennedy Profile in Courage Award for his refusal to go along with Trump’s illegal efforts to remain in office after losing the 2020 election. The award recognizes Pence “for putting his life and career on the line to ensure the constitutional transfer of presidential power on Jan. 6, 2021,” the JFK Library Foundation said. Pence will receive the award at the JFK Library in Boston. Trump pressured Pence to reject election results from swing states where the Republican president falsely claimed the vote was marred by fraud.
People cheering against this DEI stuff, dont even understand what it truly means, they just harbor the same vile traits as trump. Maga cult is so damn ignorant its not even funny anymore.
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@fubah2
People cheering against this DEI stuff, dont even understand what it truly means, they just harbor the same vile traits as trump. Maga cult is so damn ignorant its not even funny anymore.
Powell warns of more volatile inflation as latest data shows impact from tariffs
Although it’s a volatile category, the sharp downward swing in trade services indicates that companies’ margins are being eaten away by higher costs from President Donald Trump’s tariffs, Joe Brusuelas, chief economist at RSM US, told CNN on Thursday.
“We are beginning to see the impact of trade policy filtering into the hard data in such a way that it’s impossible to deny that it is now affecting revenues and profit margins for firms,” Brusuelas said.
Those higher costs will likely start spilling over to consumers soon, he said.
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Quote Originally Posted by fubah2:
Powell warns of more volatile inflation as latest data shows impact from tariffs
Although it’s a volatile category, the sharp downward swing in trade services indicates that companies’ margins are being eaten away by higher costs from President Donald Trump’s tariffs, Joe Brusuelas, chief economist at RSM US, told CNN on Thursday.
“We are beginning to see the impact of trade policy filtering into the hard data in such a way that it’s impossible to deny that it is now affecting revenues and profit margins for firms,” Brusuelas said.
Those higher costs will likely start spilling over to consumers soon, he said.
SEN. Rand Paul told CNN outside the Capitol on Wednesday evening.
“I’m arguing from a true belief and worry that our country is mired in debt and getting worse. And they choose to react by uninviting my grandson to the picnic. I don’t know. I just think it really makes me lose a lot of respect I once had for Donald Trump.”
CNN has reached out to the White House for comment.
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“It’s just incredibly petty,”
SEN. Rand Paul told CNN outside the Capitol on Wednesday evening.
“I’m arguing from a true belief and worry that our country is mired in debt and getting worse. And they choose to react by uninviting my grandson to the picnic. I don’t know. I just think it really makes me lose a lot of respect I once had for Donald Trump.”
CNN has reached out to the White House for comment.
Canadians were cheering when trump's plane fled the G7!
Der Führer, no fan of G7 Summits, decided to leave early and fly to Washington, avoiding a day in which he would have been pressed over Ukraine and trade by his G7 colleagues.
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Canadians were cheering when trump's plane fled the G7!
Der Führer, no fan of G7 Summits, decided to leave early and fly to Washington, avoiding a day in which he would have been pressed over Ukraine and trade by his G7 colleagues.
Canadians were cheering when trump's plane fled the G7! Der Führer, no fan of G7 Summits, decided to leave early and fly to Washington, avoiding a day in which he would have been pressed over Ukraine and trade by his G7 colleagues.
President Trump cut short his visit to an international summit to return to Washington for urgent talks with his national security team. ( Iran /Israel crisis) ...that's what real presidents are supposed to do ..
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Quote Originally Posted by fubah2:
Canadians were cheering when trump's plane fled the G7! Der Führer, no fan of G7 Summits, decided to leave early and fly to Washington, avoiding a day in which he would have been pressed over Ukraine and trade by his G7 colleagues.
President Trump cut short his visit to an international summit to return to Washington for urgent talks with his national security team. ( Iran /Israel crisis) ...that's what real presidents are supposed to do ..
Quote Originally Posted by fubah2: Canadians were cheering when trump's plane fled the G7! Der Führer, no fan of G7 Summits, decided to leave early and fly to Washington, avoiding a day in which he would have been pressed over Ukraine and trade by his G7 colleagues. President Trump cut short his visit to an international summit to return to Washington for urgent talks with his national security team. ( Iran /Israel crisis) ...that's what real presidents are supposed to do ..
The conflict was raging - while he had his stupid parade - why was that important then ?
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Quote Originally Posted by SarasotaSlim:
Quote Originally Posted by fubah2: Canadians were cheering when trump's plane fled the G7! Der Führer, no fan of G7 Summits, decided to leave early and fly to Washington, avoiding a day in which he would have been pressed over Ukraine and trade by his G7 colleagues. President Trump cut short his visit to an international summit to return to Washington for urgent talks with his national security team. ( Iran /Israel crisis) ...that's what real presidents are supposed to do ..
The conflict was raging - while he had his stupid parade - why was that important then ?
But again every country attending was glad the orange clown left - so no problem (that idiot is something you guys have made - and if you can keep him there it would be much appreciated)
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But again every country attending was glad the orange clown left - so no problem (that idiot is something you guys have made - and if you can keep him there it would be much appreciated)
The trump economy shrank much faster in the first quarter than previously reported
Washington, CNN — The US economy contracted in the beginning of the year at a much faster pace than previously reported, after new data factored in much weaker consumer spending.
Gross domestic product, the broadest measure of economic output, registered an annualized rate of -0.5% from January through March, the Commerce Department said Thursday in its third and final estimate. That’s worse than the 0.2% decline reported in the second estimate. GDP is adjusted for seasonal swings and inflation.
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HEADLINES today . . .
The trump economy shrank much faster in the first quarter than previously reported
Washington, CNN — The US economy contracted in the beginning of the year at a much faster pace than previously reported, after new data factored in much weaker consumer spending.
Gross domestic product, the broadest measure of economic output, registered an annualized rate of -0.5% from January through March, the Commerce Department said Thursday in its third and final estimate. That’s worse than the 0.2% decline reported in the second estimate. GDP is adjusted for seasonal swings and inflation.
Federal reserve expects GDP to grow 1.4% in 2025 which is down from 2.8% in 2024. Oddly, GOP budget bill expects unrealistic 5% economic growth from tax cuts in the future. However data shows U.S. is moving toward stagflation. Lower economic growth and employment but higher inflation and interest rates.
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Federal reserve expects GDP to grow 1.4% in 2025 which is down from 2.8% in 2024. Oddly, GOP budget bill expects unrealistic 5% economic growth from tax cuts in the future. However data shows U.S. is moving toward stagflation. Lower economic growth and employment but higher inflation and interest rates.
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