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Code Red Alert for Tesla ahead of earnings report [1]
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Date: 2025-04-21
The "Sell America" trade picked back up on Monday. Stocks fell, with the Dow industrials dropping almost 1,000 points and on pace for their worst April since 1932, and the dollar hit fresh multiyear lows against the euro and other major currencies. Yields on longer-term Treasurys rose and gold surged to a fresh record. Markets are on edge about President Trump's tariff war as well as his threats to fire Fed chief Jerome Powell. Trump on Monday demanded lower rates in a post on social media, saying costs are trending downward and the economy could slow "unless Mr. Too Late, a major loser, lowers interest rates, NOW." www.wsj.com/…
While Trump focuses on trying to bully the Fed to take cover for his half-baked global tariff war— he’s losing to China — his ally Musk has to answer to Tesla shareholders, who have seen the value of their shares drop over 40% since Trump’s inauguration.
Two weeks ago, Ives slashed his price target for Tesla’s stock by 43%, citing a brand crisis created by Musk and US President Donald Trump’s trade policies. Ives’ biggest concern has been the potential for Tesla to get caught up in the backlash against Trump’s tariff policies in China, where the company generated more than a fifth of its revenue last year. Musk has also become the face of Trump’s efforts to slash the size and scope of the federal government, infuriating progressive consumers who are a key client base for the leading American electric vehicle maker. archive.is/…
Everything Trump touches dies, and “super genius” Musk should have known better, but he fooled around with Trump and he’s finding out now that his investing in Trump was an unqualified distraction and a terrible mistake for the Tesla brand, its consumers and most of all, his long-term investors.
The EV maker will delay by several months the production launch of a long-awaited lower-cost model, Reuters reported Friday, citing unidentified people with knowledge of the matter. Investors have been hopeful that a stripped-down version of its top-selling Model Y SUV could revive demand.
DOdGEy Elon has a lot of explaining to Tesla’s investors and shareholders to do tomorrow. Bonne chance!
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