Business, Economics, and Taxes: Eat Cereal for Dinner

[dxmnkd316]

15%

 

[Handyman]

Tesla down almost 15% that's nuts!

 

[aparch]

Tesla down almost 15% that's nuts!

And we still have 58 minutes to go in the trading session!

 

[dxmnkd316]

16%

 

[Deutsche Gopher Fan]

16%

Matt Gaetz about to lose interest

 

[Deutsche Gopher Fan]

He uses Tesla as collateral a lot (for example in the Xitter buyout) and I believe the price has been propped up for years by his investment buddies and foreign leaders for various reasons. Tesla I believe is the only "profitable" company he has (or had now that Trump is just giving him our tax money) so while he would ultimately survive a Tesla crash would put him in serious trouble. He will still be able to buy up a lot of stuff wholesale though as part of the plan...

(13.44% as of this message)

He and Trump are killing the market with their actions. Down down 700, NASDAQ the same (4%!) and S&P is down over 2.5%. When the Government shuts down Friday (Dems said they are voting no on the CR) this could get real ugly.

According to my SO Twitter was also down completely for a while.

https://www.reddit.com/r/hacking/s/S8dp6mWbQI

 

[aparch]

16%

Finished down 15.5%

 

[Handyman]

16%

Every Tesla investor...

 

[rufus]

Yeah, Xitter's been down pretty much all day. I know cause today is the first legal day for NFL free agent signings, and I was watchingy sports shows, and they were all talking about it, and how it was making it harder to get the latest news.

 

[Handyman]

I bet it's intentional...

 

[Bronco]

Where are all the conservatives railing against government's interference in business?

 

[aparch]

I bet it's intentional...

Musk says those scary Ukrainians did it.

Aaron Rupar (@atrupar.com)

Elon Musk blames Ukraine for what he describes as cyberattacks on X

bsky.app

 

[Deutsche Gopher Fan]

Popped into con subreddit today. No talk of stock market drop except an entire thread on how Reddit’s stock is down

 

[Deutsche Gopher Fan]

Musk says those scary Ukrainians did it.

Aaron Rupar (@atrupar.com)

Elon Musk blames Ukraine for what he describes as cyberattacks on X

bsky.app

I just came to post that! He’s so transparent. I’m sure he took it down to blame them

 

[Deutsche Gopher Fan]

Lmao

Justin Baragona (@justinbaragona.bsky.social)

Elon Musk says "10% of federal expenditures" are due to people having fake Social Security numbers, claiming it is "half a trillion dollars."

bsky.app

 

[Handyman]

He doesnt know how numbers work...

 

[Handyman]

Popped into con subreddit today. No talk of stock market drop except an entire thread on how Reddit’s stock is down

Of course...they probably don't know cause Xitter is down!

 

[dxmnkd316]

Lmao

Justin Baragona (@justinbaragona.bsky.social)

Elon Musk says "10% of federal expenditures" are due to people having fake Social Security numbers, claiming it is "half a trillion dollars."

bsky.app

The reason this sucks so much is because it's just an easy-to-digest news blurb with zero basis in truth. It's really hard to explain why there are no people over 130 that are collecting social security. So fighting this is going to be hard.

 

[Handyman]

The reason this sucks so much is because it's just an easy-to-digest news blurb with zero basis in truth. It's really hard to explain why there are no people over 130 that are collecting social security. So fighting this is going to be hard.

Aaron Rupar (@atrupar.com)

Musk: "The waste and fraud in entitlement spending -- that's the big one to eliminate. That's the half trillion, maybe 600 or 700 billion a year. That's also the mechanism by which Democrats attract & retain illegal immigrants by essentially paying them to come here & then turning them into voters."

bsky.app

Here is the interview.

 

[FadeToBlack&Gold]

Imagine that. The second biggest reactionary safe space on the Internet (after FR) doesn't want to discuss bad news. Looky over here and play with the hate doll while Weird Uncle Elon digitally penetrates your finances.