Politics & Stuff

[Fulham Broadway 17,045]

Musk’s net worth decreased by $29bn yesterday alone, and has fallen by $132bn over the past 12 months, as Tesla shares’ gains have been wiped out.

Tesla shares have declined every week since Trump took office, declining 15% on Monday alone.

He remains the richest man in the world with a fortune of more than $320bn, according to Forbes.

[Fernando 6,511]

7 minutes ago, Fulham Broadway said:

Musk’s net worth decreased by $29bn yesterday alone, and has fallen by $132bn over the past 12 months, as Tesla shares’ gains have been wiped out.

Tesla shares have declined every week since Trump took office, declining 15% on Monday alone.

He remains the richest man in the world with a fortune of more than $320bn, according to Forbes.

Still believe it will go up soon. 

Especially if the war in Ukraine ends. 
Today seems like a first step, waiting of Russia response now. 

[Fulham Broadway 17,045]

25 minutes ago, Fernando said:

Still believe it will go up soon. 

Especially if the war in Ukraine ends. 
Today seems like a first step, waiting of Russia response now. 

Good news if Russia agree to a peace deal

I think no way Tesla shares will recover to what they were -  it seems most of the World are not happy with Musk and reckon hes bit of a fascist cunt

[Fernando 6,511]

Trump tariffs

Canada backs down from 25% electricity surcharge after Trump threats

Ontario Premier Doug Ford had placed a 25% duty on electricity imported by the U.S. Trump responded by threatening to raise steel and aluminum tariffs by 50%.

 

https://www.nbcnews.com/business/economy/trump-canada-doubles-tariffs-national-emergency-electricity-rcna195810

 

 

[Fulham Broadway 17,045]

During his election campaign last year, Donald Trump promised Americans he would usher in a new era of prosperity.

Meanwhile, analysts say the odds of a downturn are increasing, pointing to his policies.

A JP Morgan report put the chance of recession at 50%, up from 30% at the start of the year, warning that US policy was "tilting away from growth", while Mark Zandi, chief economist at Moody's Analytics, upped the odds from 15% to 35%, citing tariffs. 

Tech analyst Gene Munster of Deepwater Asset Management wrote on social media this week that the chance of a recession increased "measurably" over the past month.

"The bottom line is that if we enter a recession, it will be extremely difficult for the AI trade to continue," he said.

AP