no. as telsa becomes a high status vehicle, less people are supposed to be buy it. only reserved for the elite gods.
Wow....how ironic, the market os going to hell and the trump admin seems to do a 180 yesterday, now trump isn't going to fire Powell and the SOC says the China tariffs cannot keep going.....even elmo blames the loss at tesla on trump`s tariffs...............I see an about face about to happen. trump is about to blink and come to realize he knows nothing on how tariffs work. The market is BEGGING him to change course.......is he to dumb to not hear it
To date, SPY has returned the same profit as the 10 year yield, but yet bro is over here telling us "stock market is going to hell".
He is going to market it as "we made 70 deals". But I think the long term damage has been done. The past 2-3 months showed the world who we really are...and can be...
In downtown Austin yesterday morning I saw 6 white SUV autonomous looking vehicles (not xumo those have been here a while now) and all with drivers in them. They were all in a smallish area passing each other in somewhat low trafffic area. I saw the name but can’t remember the name of the company as of now.
lol i typed "xumo" that's my streaming device with Spectrum. I mean Waymo has been around quite a while I am seeing more and more them lately though. What I saw was something different and still had drivers doing testing. Which at one point Waymo had as well.
Zoox is probably the one you saw. ADMT from VW has been getting more active lately here in Austin too.
Since I might stray a bit close to Political, I will use a Spoiler as well. Spoiler Over the years, various time periods have been cited as when America was clearly above the rest of the world and that we need to reclaim that supremacy. Late 19th Century - early 20th Century Post World War I Post World War II The current situation - setup doesn't really matchup - parallel with what we saw in the past time periods cited above and people are tending to overlook that. Late 19th - early 20th Century The European Colonial powers hadn't really unwound that much of their Empires and the failed Boxer Rebellion was in the early 20th Century. The British didn't leave the Indian subcontinent until after WW !! and France was still in Vietnam until the 1950's. Post World War I Europe wasn't in that good of shape and the Asian continent was generally behind the US and Europe. Post World War II Europe was in bad shape and Asia was still behind while the US was untouched. Mostly by default, the US was tasked with the responsibility to right the world and not let it go backwards into another World War. There were conflicts - relatively minor wars such as Korea Vietnam Cold War Partition of the Indian Subcontinent and then the split of Pakistan - Bangladesh The fracture of Yugoslavia into multiple countries Israel and the Middle East Russia in Afghanistan Various rumbles in Africa Kuwait - Iraq Iraq US in Afghanistan Etc Though the 80 years (approximately) since the end of WW II haven't always been pleasant, none of the above situations have gone all the way into a full World War. Europe has been fairly calm with minimal destruction to its people and infrastructure post WW II. There was a time decades ago when products made in Japan were considered to be Cheap and of lesser quality. They improved and they are good with STEM. The same is true for South Korea and China. India is making progress to the upside as well. I have read about several STEM types that eventually returned to China with their knowledge. Here is one example of somebody that will be quite helpful going forward. Guolin Yun Guolin Yun is a Senior Research Associate in the Cambridge Graphene Centre and the Engineering Department of Cambridge University. His research focus is on the liquid metal, multiscale structured hybrid-filler composites, as well as their applications in flexible sensors and stretchable electronics. Yun Guolin, Cambridge physicist and wearable tech specialist, returns to China from UK The pioneer in liquid metals and composite materials is now special professor in modern mechanics at University of Science and Technology of China Cambridge University physicist Yun Guolin – a pioneer in pressure-sensitive wearable tech – has returned to China to join his alma mater, the University of Science and Technology of China (USTC). Yun is now a special professor in the department of modern mechanics at the university in Hefei. He specialises in researching liquid metals and composite materials and their applications in flexible sensors and stretchable electronics. Overall, I have it as more countries around the world being better positioned to close the gap with the US than it being the US severely stumbling. Steve Jobs Said 14 Years Ago iPhones Would Never Be Made In The U.S.: 'Those Jobs Aren't Coming Back'—Now Tariffs Could Bump Price To $3,500 ...Ironically, this was a debate 14 years ago. At a 2011 Silicon Valley dinner with then-President Barack Obama, Apple CEO Steve Jobs gave a blunt answer when asked what it would take to make iPhones in America: "Those jobs aren't coming back." That quote, reported by The New York Times, captured the stark reality of globalized manufacturing. It wasn't just about labor costs. At the time of the 2011 article, experts estimated that paying American wages would only add about $65 to each iPhone. The real issue was China's supply chain dominance. "You need a million screws? That factory is a block away," a former Apple executive told the Times. In that same dinner, Jobs said that Apple could potentially bring some high-skill manufacturing to the U.S. if the government helped train engineers. But he was clear: America didn't have the mid-level engineering workforce or production speed needed to compete... The folks that are part of the In Crowd such as Bessent, Lutnick etc are Money guys rather than Business - Industrial Ops guys. When JD Vance was in Venture Capital, he didn't come across as very good with Business Ops either. Workers allege ‘nightmare’ conditions at Kentucky startup JD Vance helped fund *********************** Until I see something to prove me wrong, I will go with the idea that the In Crowd did inadequate research or they did the research and ignored it because it didn't fit with what was already decided.
They are showing quite a bit of Red at the moment. We will see if that continues for the rest of the day. Futures Indices
