Trump 2.0

[Wing_Stand_Wood]

Wow! 104% Tarrifs on China?

Trump tariffs updates: Markets soar as Trump pauses higher tariffs on most countries but hits China with 125% rate

Trump says countries who were facing higher tariffs will now fall to the "baseline" tariff of 10% for at least 90 days.

www.bbc.co.uk

 

[JackSomething]

Being that Reform U.K has been mentioned on here i.e. the next big test to evaluate is in Brent locality where Mahendra Negi is standing and with results due after 18th February next week.

It’s nice to see Prahbdeep Singh yet again showing his commitment to Reform, by going out of his way to offer his services to another constituency.

This will be a hard one for Reform U.K, because when many think the words “Brent East” they tend to think the words “Labour stronghold”, its Ken Livingstone territory.

The vote share will be very interesting whatever the result. A little bit of funding from Reform U.K's billionaire chairman Zia Yusuf may be helpful?

https://whocanivotefor.co.uk/person/89582/mahendra-negi

https://twitter.com/x/status/1890819069537890364

I went back in this thread to see if this was the one in which I predicted that Musk and Trump (both being massive egotists) would fall out fairly quickly. I wanted to see how close I got, but it's not the thread I posted that in.

I did see this post though and I can't understand why WSW didn't come back to update us after 18th Feb...



https://democracy.brent.gov.uk/mgElectionAreaResults.aspx?ID=196&RPID=0

 

[exiledclaseboy]

Less than 8%. The Witchfinder was right for once. The vote share was very interesting.

 

[Longlostjack]

Tesla put options might be a decent shout.

 

[Cooperman]

Tesla put options might be a decent shout.

If Musk can put Twitter and politics aside and concentrate on Tesla, then I would tend to agree. Stock price is less than half of the 52 week high.

 

[Longlostjack]

If Musk can put Twitter and politics aside and concentrate on Tesla, then I would tend to agree. Stock price is less than half of the 52 week high.

Was thinking more the other direction. Outdated models and brand possibly permanently damaged. The split with Trump could be another nail in the coffin.

 

[Cooperman]

Was thinking more the other direction. Outdated models and brand possibly permanently damaged. The split with Trump could be another nail in the coffin.

Well it depends on the price that folk got in at.

I still think it’s got more going for it as a business, than not. Musk surely won’t want his name against a business failure and they have significant innovation in the pipeline, and not all of it is on four wheels. EV as a segment isn’t doing very well on the whole, Mercedes are also in big trouble with EV sales, so Tesla is not the only brand going through a tough time.

 

[Londonlisa2001]

Mate of mine is a Big Market Maker in the City said London and Frankfurt delivered statement Bullish Hammers at the London Open yesterday. New York likewise, at it's Open.

There'll be more toing and froing and expect a decent 'W' on the back of the Bulls momentum drive. Buy the Dips, Sell the Peaks (of the 'W') is the play. And watch out for them Bears, lurking just a little higher at 8000-8225

To be fair, I think traditional approaches are probably out the window when this idiot is in charge.

Look at the Dow today - all going along with the so called analysis that it had hit the floor for now then Trump imposes additional tariffs on China and not only are all todays gains wiped but it drops again by another 300 points (as we stand - could all change again).

 

[Londonlisa2001]

If Musk can put Twitter and politics aside and concentrate on Tesla, then I would tend to agree. Stock price is less than half of the 52 week high.

Puts mun.

 

[Londonlisa2001]

Well it depends on the price that folk got in at.

I still think it’s got more going for it as a business, than not. Musk surely won’t want his name against a business failure and they have significant innovation in the pipeline, and not all of it is on four wheels. EV as a segment isn’t doing very well on the whole, Mercedes are also in big trouble with EV sales, so Tesla is not the only brand going through a tough time.

Their issue is two fold - one that Europe, the UK, Canada and many others won’t touch these now with a barge pole (the resale on them at the moment is non existent and it’s a hell of a price to pay for a car that’s worth sod all the second you drive it away). Secondly that their previously huge advantage over others in terms of range etc is now substantially eroded (if not fully eroded) and talk is that BYD in particular is vastly superior in every way,

Musk having his name against a business failure is the least of his worries given his part in the abomination that is underway at the moment.

 

[Cooperman]

Their issue is two fold - one that Europe, the UK, Canada and many others won’t touch these now with a barge pole (the resale on them at the moment is non existent and it’s a hell of a price to pay for a car that’s worth sod all the second you drive it away). Secondly that their previously huge advantage over others in terms of range etc is now substantially eroded (if not fully eroded) and talk is that BYD in particular is vastly superior in every way,

Musk having his name against a business failure is the least of his worries given his part in the abomination that is underway at the moment.

It’s a huge year ahead for BYD. They have overtaken Tesla for sales of EV and have plugged markets where Tesla don’t operate, is this growth as sustainable as their plan suggests? Another part of their test comes in a year or two when reliability figures will tell their own tale. Their autonomous driving framework and battery tech has definitely caught up with the industry benchmarks.

 

[Cooperman]

To be fair, I think traditional approaches are probably out the window when this idiot is in charge.

Look at the Dow today - all going along with the so called analysis that it had hit the floor for now then Trump imposes additional tariffs on China and not only are all todays gains wiped but it drops again by another 300 points (as we stand - could all change again).

It’s not even a joined up thought process. Have a look at the spat between Musk and Pete Navarro, they are tearing themselves apart.

 

[MajorR]

I think I read somewhere that he's using emergency powers that were never meant for this and trampling all over the constitution, using executive orders to bypass the senate and house.. It's become the norm. If 'leaders' ignore laws and constitution or in this country the notion that we 'play fair' (there's no written constitution) then they've realised they can do whatever the hell they want. Trump is just the ultimate product of that thinking. Cummings using Johnson in a similar manner was our example. In the end they just shit all over everything in the name of 'disruption' and someone else is left to clean up the mess. With all the Trump wannabees around, this mess will probably outlive me.

Some of his executive orders have already been challenged in the Supreme Court and have been overturned. I think Congress can also overturn some of the executive orders, but I not many of the republican politician's want to go against Trump and the MAGA movement at this time.
If it all goes Pete Tong, we may see the tide turn against Trump at which point they’ll start scrapping like rats in a sack like we saw with our last government, but if things are going well there’ll be no dissent.

Trump has a lot of backing from billionaires and vested interest, so I can’t see much happening in the short term. Musk spent £250m supporting the Trump campaign and now we can see the rationale for his purchase of twitter.

 

[Longlostjack]

It’s not even a joined up thought process. Have a look at the spat between Musk and Pete Navarro, they are tearing themselves apart.

Big time! Trump and Musk split is interesting. MAGA are nationalist, isolationist and protectionist. Musk is nationalist (putting it mildly) and pro free trade. Musk probably thought he was going to get a few juicy contracts by sucking up to Trump but it seems to have backfired now with the escalation with China. Bizarre characters who should be nowhere near running the world’s most powerful country.

 

[Londonlisa2001]

It’s a huge year ahead for BYD. They have overtaken Tesla for sales of EV and have plugged markets where Tesla don’t operate, is this growth as sustainable as their plan suggests? Another part of their test comes in a year or two when reliability figures will tell their own tale. Their autonomous driving framework and battery tech has definitely caught up with the industry benchmarks.

Interesting. Thanks for that.

I know absolutely nothing about cars and even less about EVs, but there is a lot of buzz about BYD and their effect on Tesla in the financial markets.
I did read that they have developed an ability to charge very quickly which will of course be a game changer.

Actually the one thing I do know about EVs is that I know a few people with a Tesla and they used to never ever stop banging on about having one. Not a peep any more…