Trump’s Big Beautiful Bill AND Musk’s publicly traded stocks tanking? In one week?
this post was submitted on 05 Jun 2025
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I wouldn't be sure about the Big Billionaire Bill (that's more apt name) I'm sure Republicans will fold and pass it at 4am with some modifications
Are we sure the bill is tanked?
We have seen those things already... The Republicans will say that there's snowball chance in hell that they will pas it then at 4am will pass it with a single vote.
Like Telsa’s stock, it’s on a downward spiral this week, but it’s far from dead.
It was lower in April and March. The stock had been oscillating wildly between $375 and $225 all year and has no relation to any of the actual finances of the company. Considering that the budget bill under consideration could remove the clean energy credits that keep the company in the black, the stock should be much lower.
It's not just that, they need Chinese rare earth minerals...
Like, Musk just spent 15 billion on a factory for batteries that he now can't afford the raw materials for.
Wow. So he was just too geeked out on K to complain about all the tariff drama the last few months? I thought Xi said they may just straight up stop selling some of that stuff to us? Not sure if it was rare earth minerals or some other rare substance that’s needed for military applications. Elon and Trump are some real fucking geniuses. 🙄
Yeah, it's all the same shit.
But especially for EV batteries, the tarrifs make the raw materials so expensive a lot of companies are looking to offshore their manufacturing because if they're made somewhere else, only Americans pay the tarrifs on completed vehicles.
If the raw materials face a 150% tarrif, then even if theyre sold in Canada or Mexico, the tarrifs drive up prices and lowers sales.
As much as I love to see musk eating shit; I am also bracing myself expecting democrats to embrace him as an "Ally." American politicians just love it when the most evil corporate monsters are on their side.
And we'll find out in a few decades that politicians from both sides bought tons of stock futures to short the stock hours before this happened.
The black eye was signal enough to short that only a moron couldn't see this as the start of the breakdown. We've been waiting for this to come to a head since the campaign trail. No one is supposed it is happening. Most are surprised it took this long.
well its specifically two democrats, Ro Khanna and Ritchie Torres https://www.foxnews.com/politics/democrats-begin-embrace-musk-amid-trump-spat-after-party-railed-against-him-dictator. Khanna is incidentally the house representative for Silicon Valleys district, and Torres is of course a Zionist stooge
Democrats are back to their pre-party switch status
They've been waiting for this moment since he delivered his nazi salute.
This is like the dozen'th article of Elon getting his wealth "wiped out"
Looking forward to see this exact article again next week. This is noise, not news.
Yeah these news are so useless. Just look at the chart: it wiped out 152bn which he just gained a few weeks before.
Still fun, I'm enjoying every little jab. Almost, ALMOST got me to reinstall twitter to watch first hand.
I wanna see DOGE archives crap out the Epstein report, or wikileaks, or whatever he can musker.
Then I want to see TACO Tuesday tenuously try to titillate the masses with real sanctions and giving NASA back a budget.
Tesla could go to zero and Musk would be just fine.
His real money is in SpaceX, specifically Starlink.
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My opinion is that all of these public fights are just theater distracting from passing things behind our back. In a few days they will suddenly make up after they pass whatever they want.
I am so fucking tired of the political bullshit.
I think they're not theater, But I think they are definitely being used as as well to do some shit behind our backs.
Sure mush will use the drop in worth to buy more Tesla at a discount, but posting Epstein videos/pictures/links about Taco.... That's not playing around.
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Ah, that tasty delicious schadenfreude!!
The best part is, in this battle of "wits", they are both entirely and completely unarmed.
😂 🤣 🖕
Lol. Stealing that. Here, have a meme in exchange.
Somehow I can't put it past RFK to pedal some semen-ingesting bullshit.
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Truly, a battle of dimwits.
And they will make up in a few days. Trump will give his fuck boy a few extra government contracts. All of musks stocks will soar. Unless someone actually starts doing something other than post on whatever social media. This is nothing more than market manipulation.
It's still up more than 20% above what it spent most of March and April at.
I want to find one of these people who just bought TSLA at $284 and ask them what possible basis do they have for thinking the company's earnings will grow by the 6,000% that it needs to in order to start returning anything like the industry average.
Tesla could achieve phenomenal unexpected growth and increase their market share by a factor of ten and they'd still have a massively unsustainable PE ratio.
It's a shitcoin fueled by hype. TSLA might as well be on Solana for all the legitimacy the company has.
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If this is real, and not some elaborate ruse to manipulate the market, I'm all for it. Fuck these guys.
Hell yeah
The true beauty of these idiots’ refusal to read a book and learn from history is: They will always eat each other in the end.
It's like Caesar and pompey if there was 10x more lead in the water supply
Wild how international finance is now tied to a feud between a rodeo clown and an adult gundam nerd. I thought the subprime mortgage crisis was stupid but this has to break some record. I've accepted that the world will get progressively dumber in my lifetime but at this point I can't imagine how.
Oh no, is the company not considered stable if it loses its government welfare?
from the biggest welfare queen.
Does he still love Tesler?
Step 1: Piss off liberals by bankrolling MAGA facists and lose 40-50% of the customer base. Step 2: Piss off MAGA and the other 40-50% of the US customer base. Step 3: Profit?
Fight, fight, fight.
The only thing that was propping their stock up was the investors acknowledging that Elon's proximity to the White House would allow him to pull strings to get preferential treatment for his companies. You know, blatant corruption. Now it's going to he the opposite.
Well, I called it. People thought Tesla stocks will still recover but so long as he is the CEO, the stocks will only go down.
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Maybe we'll get lucky and they'll fued each other into oblivion.
It would be funny to see musk burn the reputation has with both left wing for everything he's done up to now. And the right with this fued.
Who will be left to buy his cars?
Not to mention the price is nonsense, no way reflective of their sales numbers or profits.
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This is funny, but its a bit disappointing that almost no one is talking about how Musk was trying to get his friend appointed head of NASA, thereby assuring long term government contracts with Space X.
Corruption fucking everywhere.
Good point for some day trading probably. The trend with these Trump market manipulations have been so far that he says something, stock crashes, then he says something else, stock goes back up.
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Encore!
The rich pretend they're all powerful but really they have a much less secure money source. Where as we know our money is ours the rich can lose everything like that. Elon could go broke in a single day he's on his way out of the billionaire club because now everyone hates him
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Oh yeah baby give me more of that sweet, sweet schadenfreude.
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