this post was submitted on 24 May 2025
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[–] michaelmrose@lemmy.world 2 points 5 hours ago

Its planning on getting a massive welfare infusion for a fake missile defense system it will never be able to make work while the government it now half owns is planning on tariffing most of the leading brands of cars. Meanwhile the only inherently profitable thing it actually does which is to say make cars its doing very poorly at.

Apple is doing incredibly well at selling phones and computers but the Trump administration is not only threatening to tariff stuff made overseas they specifically threatened to tariff iPhones specifically.

So in brief Apple stock is going down despite being great at its business whilst Tesla is on its way back up even as people won't buy their cars. Its just corruption.