Trump / Musk (other than DOGE)

  • Thread starter Thread starter nycfan
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I'm not sure they've thought through the GDP thing. If they exclude GDP from the report, you'll get headlines like:

GDP drops 20% in 1Q!
 
PTOHeel said:
I certainly don’t know the circumstances of every firing that has occurred, but I personally know people who have been let go despite ratings of commendable or outstanding. And I have not seen or heard any indication that that the actual performance of employees plays any roll in who gets fired.
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I'm sure it happens. There's a lot of layoffs. I think performance is one but probably the bigger issue is the program that the employee is working on.
 
I think we should monkey with the official government statistics like GDP because that will surely earn us the trust of the investor community. I mean, it's not as if North Korea and Cuba struggle to get investment funds. Oh.
 
Tesla is having a rough time in the European sales department. Across the continent, the story is the same: fewer Tesla sales, more competition and a CEO who keeps making headlines for all of the wrong reasons. The numbers don't lie—while Europe's overall EV sales are up, deliveries for Tesla are down hard, continuing the trend from a rather brutal January, and things don't look like they're letting up anytime soon.

Countries like Norway (which was once Tesla's Scandinavian stronghold) have seemingly lost the love for the American automaker. Sales there are down 48% year-over-year. That's roughly the same as the European-wide drop of 45.2% in January. Denmark and Sweden also saw year-over-year drops of more than 40% for February, while France saw a lesser 25% drop year-over-year according to data first reported by Electrek.

Despite European deliveries falling, Tesla's stock is still out-performing other automakers. Granted, share prices have fallen more than 38% since peaking in December 2024, but the real number to look at—Tesla's price-to-earnings ratio, which shows how much it's worth to how much it earns in profits—is still at a mind-boggling 86. Toyota, the next-highest car manufacturer, sits at a cool 9.01.


So what's happening here? How can Tesla be losing customers at an alarming rate while still be treated like the golden child of wall street?

The answer is a complicated paradox of duality, and its name is Elon Musk.
 
Since this omnibus thread seems so broad (maybe too much an overreaction to having too many similar but overlapping threads) that it is suffering a lot of cross-talk on various subjects, I’ve repurposed another older DOGE thread as a DOGE catch-all and will leave this one as a general Trump Admin catch-all.

nycfan

Politics Thread 'DOGE Catch-All'

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The lies are thick in this all cap screed.
 
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