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2025-01-21

So many sour grapes around...trying hard to talk down Tesla

Tesla Q4 Preview: Can the EV King Be Trusted?

2025-02-25

Pls try harder....F shorty. FU

Sorry, the original content has been removed

2025-02-24

Stop stirring shit u mother F. U are obviously a Tesla hater

Sorry, the original content has been removed

2025-02-23

Sour grape

Sorry, the original content has been removed

2025-02-22

We already know this news. So FO

Sorry, the original content has been removed

2025-02-22

So? Mind yr own F biz

Sorry, the original content has been removed

2025-02-22

Sour grape....Go F yrselve

Sorry, the original content has been removed

2025-03-14

Can see that you are hater for Tesla. If I am yr friend I will not only end the friend ship. I will even beat u up

'He claims to be a nihilist': I told my friend to sell his Tesla shares. He stopped speaking to me. Is that normal?

2025-02-27

Fact of life. This is called Sour grapes

Sorry, the original content has been removed

2025-03-13

So what has this got to do with Tesla???? Try harder to stir shit here

New report casts significant doubt on Musk and Trump's government-fraud claims

Go to Tiger App to see more news

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(The president did signal he was open to negotiations on some aspects of his policy.) Musk, meanwhile,<strong> </strong>posted a video to X in which the late conservative<strong> </strong>economist Milton Friedman touted the benefits of international trade cooperation — “the impersonal operation of prices,” as he put it — breaking down the sources of the materials that go into a simple wooden pencil.</p><p>Musk’s break with Trump over a signature administration priority marks the highest-profile disagreement between the president and one of his key advisers, who poured nearly $290 million into backing him and other Republicans in last year’s elections<strong> </strong>and has been leading the U.S. DOGE Service’s cost-cutting efforts since January. Musk has also disagreed with other members of Trump’s coalition on issues such as H1-B visas for skilled immigrants and on DOGE’s approach to government spending.</p><p>On Saturday, Musk took aim at the<strong> </strong>administration official who has been key to developing the tariff plans, White House trade adviser Peter Navarro, lighting into his credentials.</p><p>“A PhD in Econ from Harvard is a bad thing, not a good thing,” Musk wrote.</p><p>Navarro did not respond to a request for comment.</p><p>“The President has put together a remarkable team of highly talented and experienced individuals who bring different ideas to the table, knowing that President Trump is the ultimate decision maker,” White House press secretary Karoline Leavitt said in a statement. “When he makes a decision everyone rows in the same direction to execute. That’s why this Administration has done more in two months than the previous Admin did in four years.”</p><p>In an interview with Italian Deputy Prime Minister Matteo Salvini over the weekend, Musk also<strong> </strong>said he would like to see a “free trade zone” between Europe and the United States: “At the end of the day, I hope it’s agreed that both Europe and the United States should move ideally, in my view, to a zero-tariff situation.”</p><p>Musk also said that he would like more freedom for people to move between countries in Europe and the United States and work in either “if they wish.”</p><p>“That has certainly been my advice to the president,” he said.</p><p>Musk, who is chief executive of electric vehicle maker Tesla, has long seen tariffs as detrimental to the business aims of a company that counts both the United States and China as key manufacturing and consumer hubs. Other car manufacturers, though, are likely to be hurt more by the new tariffs, analysts have said.</p><p>But Musk has opposed tariffs since at least Trump’s first term, when Tesla filed a lawsuit seeking to overturn the tax on Tesla’s imports from China to the United States.</p><p>In 2020, top executives at Tesla wanted the company to sue the Trump administration over its tariffs on China. Musk initially agreed, saying that parts of Trump’s package were unfair to the carmaker. But after Tesla filed the lawsuit in September 2020, Musk reacted in a “super negative way” about the decision, even berating some staff members for suggesting Tesla file the suit, according to a person familiar with the matter, because right-wing accounts on Twitter said Musk was trying to curry favor with the Chinese and was going against Trump’s “America First” agenda.</p><p>Many of the business and technology leaders who supported Trump’s<strong> </strong>candidacy were stunned by the president’s decision to go forward with such steep tariffs, and equally disappointed that they weren’t able to exert more influence on the policy, the two people familiar with the matter said. People in Musk’s orbit made direct appeals to friends in the Trump administration, including Vice President JD Vance and Musk, arguing for what they felt were more sensible free trade policies. One Musk friend, investor Joe Lonsdale, posted on X that he had argued to “friends in the administration” in recent days that tariffs would hurt American companies more than Chinese ones. Lonsdale declined to comment about his arguments beyond his X post.</p><p>A group of business leaders worked over the weekend to put together an informal group that would lobby members of the Trump administration for more moderate policies, said one of the people.</p><p>Many supported Trump last year even while knowing that the steep tariffs he had long promised could be destructive to both the tech industry and the economy as a whole, but they felt that Trump could be swayed by advisers such as Treasury Secretary Scott Bessent to adopt a softer approach, the people said. The business leaders also did not anticipate that Commerce Secretary Howard Lutnick, who had been one of Musk’s key conduits into Trump’s orbit, would be such a strong advocate of protectionist polices.</p><p>The dispute between the president and one of his most influential advisers comes just weeks before Musk,<strong> </strong>the world’s richest person, is expected to depart his post in the administration. It also comes amid increasing pressure on Tesla to reverse signs of slumping demand — prompted in part by Musk’s foray into politics.</p><p>“The backlash from Trump tariff policies in China and Musk’s association will be hard to understate,” said Dan Ives, analyst with Wedbush Securities, an enthusiastic Tesla backer who lowered Tesla’s stock price target — a measure of its viability — from $550 to $315 “to reflect these new softer demand estimates.”</p><p>“Tesla has essentially become a political symbol globally … and that is a very bad thing for the future of this disruptive tech stalwart and the brand crisis tornado that has now turned into an F5 tornado,” he wrote.</p><p>Tesla stock closed at $233.29 per share Monday, down more than 2.5 percent. So far this year, the stock has lost more than 38 percent of its value.</p><p>Musk showed signs of attempting reconciliation later Monday. He touted an X thread from the official U.S. trade representative account highlighting what it called unfair trade practices affecting American exporters, in light of Trump’s tariffs. “Good points,” Musk said.</p><p>Musk’s brother and fellow Tesla board member Kimbal Musk also<strong> </strong>lobbed sharp criticism at the president over the tariff policies Monday.</p><p>“Who would have thought that Trump was actually the most high tax American President in generations,” he wrote on X, the social media site Elon Musk owns. “Through his tariff strategy, Trump has implemented a structural, permanent tax on the American consumer.”</p><p>The remarks came less than a month after Kimbal Musk had thanked Trump for hosting an event featuring Teslas on the White House lawn.</p></body></html>","source":"lsy1602754136468","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk Made Direct Appeals to Trump to Reverse Sweeping New Tariffs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk Made Direct Appeals to Trump to Reverse Sweeping New Tariffs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-04-08 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.washingtonpost.com/business/2025/04/07/musk-trump-tariffs/><strong>The Washington Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The world’s richest person, a key Trump adviser and political donor, was ultimately unsuccessful.Elon Musk speaks with President Donald Trump and reporters in the Oval Office on Feb. 11.Over the ...</p>\n\n<a href=\"https://www.washingtonpost.com/business/2025/04/07/musk-trump-tariffs/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.washingtonpost.com/business/2025/04/07/musk-trump-tariffs/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153362475","content_text":"The world’s richest person, a key Trump adviser and political donor, was ultimately unsuccessful.Elon Musk speaks with President Donald Trump and reporters in the Oval Office on Feb. 11.Over the weekend, as Elon Musk launched into a barrage of social media posts criticizing one of the lead White House advisers for President Donald Trump’s aggressive tariff plan, Musk was going over that same official’s head — and making personal appeals to Trump.The attempted intervention, confirmed by two people familiar with the matter who spoke on the condition of anonymity to discuss private talks, has not brought success so far; Trump threatened Monday to add new 50 percent tariffs on imports from China to go along with the 34 percent taxes he announced last week. (The president did signal he was open to negotiations on some aspects of his policy.) Musk, meanwhile, posted a video to X in which the late conservative economist Milton Friedman touted the benefits of international trade cooperation — “the impersonal operation of prices,” as he put it — breaking down the sources of the materials that go into a simple wooden pencil.Musk’s break with Trump over a signature administration priority marks the highest-profile disagreement between the president and one of his key advisers, who poured nearly $290 million into backing him and other Republicans in last year’s elections and has been leading the U.S. DOGE Service’s cost-cutting efforts since January. Musk has also disagreed with other members of Trump’s coalition on issues such as H1-B visas for skilled immigrants and on DOGE’s approach to government spending.On Saturday, Musk took aim at the administration official who has been key to developing the tariff plans, White House trade adviser Peter Navarro, lighting into his credentials.“A PhD in Econ from Harvard is a bad thing, not a good thing,” Musk wrote.Navarro did not respond to a request for comment.“The President has put together a remarkable team of highly talented and experienced individuals who bring different ideas to the table, knowing that President Trump is the ultimate decision maker,” White House press secretary Karoline Leavitt said in a statement. “When he makes a decision everyone rows in the same direction to execute. That’s why this Administration has done more in two months than the previous Admin did in four years.”In an interview with Italian Deputy Prime Minister Matteo Salvini over the weekend, Musk also said he would like to see a “free trade zone” between Europe and the United States: “At the end of the day, I hope it’s agreed that both Europe and the United States should move ideally, in my view, to a zero-tariff situation.”Musk also said that he would like more freedom for people to move between countries in Europe and the United States and work in either “if they wish.”“That has certainly been my advice to the president,” he said.Musk, who is chief executive of electric vehicle maker Tesla, has long seen tariffs as detrimental to the business aims of a company that counts both the United States and China as key manufacturing and consumer hubs. Other car manufacturers, though, are likely to be hurt more by the new tariffs, analysts have said.But Musk has opposed tariffs since at least Trump’s first term, when Tesla filed a lawsuit seeking to overturn the tax on Tesla’s imports from China to the United States.In 2020, top executives at Tesla wanted the company to sue the Trump administration over its tariffs on China. Musk initially agreed, saying that parts of Trump’s package were unfair to the carmaker. But after Tesla filed the lawsuit in September 2020, Musk reacted in a “super negative way” about the decision, even berating some staff members for suggesting Tesla file the suit, according to a person familiar with the matter, because right-wing accounts on Twitter said Musk was trying to curry favor with the Chinese and was going against Trump’s “America First” agenda.Many of the business and technology leaders who supported Trump’s candidacy were stunned by the president’s decision to go forward with such steep tariffs, and equally disappointed that they weren’t able to exert more influence on the policy, the two people familiar with the matter said. People in Musk’s orbit made direct appeals to friends in the Trump administration, including Vice President JD Vance and Musk, arguing for what they felt were more sensible free trade policies. One Musk friend, investor Joe Lonsdale, posted on X that he had argued to “friends in the administration” in recent days that tariffs would hurt American companies more than Chinese ones. Lonsdale declined to comment about his arguments beyond his X post.A group of business leaders worked over the weekend to put together an informal group that would lobby members of the Trump administration for more moderate policies, said one of the people.Many supported Trump last year even while knowing that the steep tariffs he had long promised could be destructive to both the tech industry and the economy as a whole, but they felt that Trump could be swayed by advisers such as Treasury Secretary Scott Bessent to adopt a softer approach, the people said. The business leaders also did not anticipate that Commerce Secretary Howard Lutnick, who had been one of Musk’s key conduits into Trump’s orbit, would be such a strong advocate of protectionist polices.The dispute between the president and one of his most influential advisers comes just weeks before Musk, the world’s richest person, is expected to depart his post in the administration. It also comes amid increasing pressure on Tesla to reverse signs of slumping demand — prompted in part by Musk’s foray into politics.“The backlash from Trump tariff policies in China and Musk’s association will be hard to understate,” said Dan Ives, analyst with Wedbush Securities, an enthusiastic Tesla backer who lowered Tesla’s stock price target — a measure of its viability — from $550 to $315 “to reflect these new softer demand estimates.”“Tesla has essentially become a political symbol globally … and that is a very bad thing for the future of this disruptive tech stalwart and the brand crisis tornado that has now turned into an F5 tornado,” he wrote.Tesla stock closed at $233.29 per share Monday, down more than 2.5 percent. So far this year, the stock has lost more than 38 percent of its value.Musk showed signs of attempting reconciliation later Monday. He touted an X thread from the official U.S. trade representative account highlighting what it called unfair trade practices affecting American exporters, in light of Trump’s tariffs. “Good points,” Musk said.Musk’s brother and fellow Tesla board member Kimbal Musk also lobbed sharp criticism at the president over the tariff policies Monday.“Who would have thought that Trump was actually the most high tax American President in generations,” he wrote on X, the social media site Elon Musk owns. “Through his tariff strategy, Trump has implemented a structural, permanent tax on the American consumer.”The remarks came less than a month after Kimbal Musk had thanked Trump for hosting an event featuring Teslas on the White House lawn.","news_type":1,"symbols_score_info":{"TSLA":1.1}},"isVote":1,"tweetType":1,"viewCount":2281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":416755323322408,"gmtCreate":1742755163913,"gmtModify":1742770392744,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"Go F ur mother&nbsp;","listText":"Go F ur mother&nbsp;","text":"Go F ur mother","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/416755323322408","repostId":"2521207916","repostType":2,"isVote":1,"tweetType":1,"viewCount":1963,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":416756112183888,"gmtCreate":1742755153260,"gmtModify":1742770392525,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"Tok cock","listText":"Tok cock","text":"Tok cock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/416756112183888","repostId":"2521207916","repostType":2,"isVote":1,"tweetType":1,"viewCount":1901,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":416628407927376,"gmtCreate":1742723975463,"gmtModify":1742723979605,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"You not tired of this??? Such news are already so stale!","listText":"You not tired of this??? Such news are already so stale!","text":"You not tired of this??? Such news are already so stale!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/416628407927376","repostId":"2521514276","repostType":2,"isVote":1,"tweetType":1,"viewCount":1612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":415974735061248,"gmtCreate":1742564564086,"gmtModify":1742564568957,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"FU","listText":"FU","text":"FU","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/415974735061248","repostId":"2521128478","repostType":2,"repost":{"id":"2521128478","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1742564100,"share":"https://ttm.financial/m/news/2521128478?lang=en_US&edition=fundamental","pubTime":"2025-03-21 21:35","market":"fut","language":"en","title":"I told my friend to sell his Tesla shares and he stopped speaking to me. I was trying to do him a favor. Was I wrong?","url":"https://stock-news.laohu8.com/highlight/detail?id=2521128478","media":"Dow Jones","summary":"Elon Musk told shareholders on Thursday to hold onto their stock, even as sales of the electric vehicles are falling. I have or had a friend who owned two Teslas, and had his entire stock in Tesla. He is a Democrat and he claims to be a nihilist. I don't see how one can identify as a nihilist and also try to save the environment. In any case, I had been trying to get him to diversify his retirement portfolio.I told him, \"If you are able, I think you should get out of Tesla. It's not that the company won't be able to recover - it might - but considering everything else, why would anyone stay vested in Tesla?","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW I told my friend to sell his Tesla shares and he stopped speaking to me. I was trying to do him a favor. Was I wrong?\n</p>\n<p>\n  By Quentin Fottrell \n</p>\n<p>\n     Elon Musk told shareholders on Thursday to hold onto their stock, even as sales of the electric vehicles are falling \n</p>\n<p>\n     Dear Quentin, \n</p>\n<p>\n     I have or had a friend who owned two Teslas, and had his entire stock in Tesla. He is a Democrat and he claims to be a nihilist. I don't see how one can identify as a nihilist and also try to save the environment. In any case, I had been trying to get him to diversify his retirement portfolio. \n</p>\n<p>\n     I told him, \"If you are able, I think you should get out of Tesla. It's not that the company won't be able to recover - it might - but considering everything else, why would anyone stay vested in Tesla?\" This largely random subject caused us to cease communications. \n</p>\n<p>\n     Tesla's acceleration is amazing, but that is a small sacrifice. Other companies offer hybrids and EVs. Are MAGA supporters going to take up the slack in sales? I doubt it. I was a lifelong Republican before Trump, so my comments to my (former) friend were not political. \n</p>\n<p>\n     Yet he stopped speaking to me. Is that normal? \n</p>\n<p>\n     Former Friend \n</p>\n<p>\n     Related: I'm a Democrat who drives a Tesla. A guy shouted abuse at me for driving a car made by Elon Musk. Should I sell my car? \n</p>\n<p>\n     Dear Friend, \n</p>\n<p>\n     Your friend hailed a robotaxi, and drove directly out of the friendzone. \n</p>\n<p>\n     If your friendship was strong and close, even a clumsily-worded piece of unsolicited advice about his Tesla stock should not be enough to break it, regardless of whether he is a Democrat or a Republican. He may have thought you were making a political point, even if you had no intention of doing so. Or he may feel foolish for betting his retirement on one stock. Generally, when it comes to finance and politics, third-party opinions can go down like Tesla's stock. \n</p>\n<p>\n     Speaking on his social-media platform, X, Elon Musk told shareholders to hold onto their stock, even as sales of the EVs are falling. \"If you read the news, it feels like Armageddon, I can't walk past a TV without seeing a Tesla on fire,\" Musk said Thursday. \"I understand if you don't want to buy our product, but you don't have to burn it down - that's a bit unreasonable.\" He added, \"Tesla stock goes up, and it goes down. But, actually, it's still the same company. It's just people's perception of the future.\" He also reiterated his great hopes for the Model Y. \n</p>\n<p>\n     The most recent, drastic slide in Musk's electric-vehicle company should be taken in context. Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> is down roughly 50% from $477 at the end of last year to $236 on Friday, but it's still higher than the $170 this time last year. And if you're a medium- or long-term investor, you're still in the green: Lest we forget that the stock was hovering at around $23 five years ago. It may, of course, still have a long way to go. But if or when your friend sells will likely depend on when he bought. \n</p>\n<p>\n     It's no wonder your friend is sensitive. Wells Fargo <a href=\"https://laohu8.com/S/WFC\">$(WFC)$</a> analyst Colin Langan, in a recent analyst note, described Tesla's sales decline as \"shocking.\" Your friend holds a stock that has 1) become highly politicized and 2) his holding has been suffering of late as a result. Some 85% of clients of Morgan Stanley auto analyst Adam Jonas, in a 245-person survey released this week, said they believe Musk's political activities are hurting Tesla. They agreed that his political activism had either a \"negative\" or \"extremely negative\" effect on the business. \n</p>\n<p>\n     Related: 'God works in mysterious ways': I became a Nvidia millionaire playing 'World of Warcraft.' Am I smart - or just lucky? \n</p>\n<p>\n     Tesla's 'shocking' sales decline \n</p>\n<p>\n     To your point: Even if you are a diehard MAGA supporter and a Tesla fan, you may be concerned by Musk's attention being diverted away from the company, which Musk himself has acknowledged. By virtue of Musk's role cutting federal spending with the Department of Government Efficiency, you may reason, \"This is going to hurt the company's growth.\" And sell. Or, like your friend, you could decide to hold your position. Politics aside, people sell stocks for all sorts of reasons. \n</p>\n<p>\n     You are hardly a lone voice when it comes to the opinion you expressed to your friend on Tesla's stock, at least in the short term. Earlier this month, Trump bought a Tesla after showcasing a group of the electric vehicles on the South Lawn of the White House in a show of support for Musk. That may end up being a self-inflicted black eye for Musk: Trump supporters will probably like the stunt, but Democrats who have ignored the brouhaha until now could feel more pressured to choose another EV. \n</p>\n<p>\n     There's another uncomfortable reality that your friend may not be ready to face: Musk, who is also the CEO and founder of SpaceX and purchased Twitter for $44 billion in 2022 - rebranding it as X - has something of a fanatical following or, put another way, investors who believe in his dreams. And yet he is, many analysts argue, also the main cause of the current turmoil for the stock. For his fans, that's a hard pill to swallow. Your friend, given his exposure to Tesla, may be one of those fans. \n</p>\n<p>\n     Trump showcased Teslas on the South Lawn of the White House. That may become a self-inflicted black eye for Musk. \n</p>\n<p>\n     In California, the largest market for Tesla in the U.S., sales have fallen significantly. \"Tesla's dominance in the electric-vehicle market continues to falter as the brand reported its fifth consecutive quarterly registration decline,\" according to the California New Car Dealers Association. Tesla's registrations fell 7.8% in the fourth quarter of 2024, bringing the total decline in 2024 to 11.6%. \n</p>\n<p>\n     Overseas sales are also a concern. Tesla sold 7,517 cars in Europe in January 2025, down over 50% on the same time last year. EV sales are strong in China, but Tesla sales are falling there too. MAGA's policies - from Trump's desire to purchase Greenland to Musk's support for Germany's hard-right Alternative fur Deutschland party - have not endeared them to Europeans. The U.S.-led trade war has not helped; Tesla sent a letter to the White House expressing concern about retaliatory tariffs. \n</p>\n<p>\n     Several analysts have said the Tesla slide is not nearly over yet, and point to the ongoing volatility of Tesla options. J.P. Morgan auto analyst Ryan Brinkman slashed his forecast for first-quarter deliveries by 20%, to 355,000 from 444,000, and cut his price target to $120 from $135. \"We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,\" Brinkman wrote. \n</p>\n<p>\n     Related: 'Is it finally time to freak out?' I'm in my 50s and worried about the $650K in my 401(k). \n</p>\n<p>\n     Mixing finance and friendship \n</p>\n<p>\n     Tesla is still considered among the \"Magnificent Seven\" of tech stocks, which also include Alphabet <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> , Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, Meta <a href=\"https://laohu8.com/S/META\">$(META)$</a>, Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> and Nvidia <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a>.  But some observers, including Barron's columnist Al Root, believe Tesla does not belong in that group. \"Tesla's market value is no longer in the top seven among S&amp;P 500 SPX,\" Root writes. The other six are \"profit machines,\" he adds, while Tesla trades for 85 times earnings, down from 200 times three months ago. \n</p>\n<p>\n     Finance and friendship don't always make good bedfellows. Adding politics to the mix is a risky gamble. I'm reminded of this couple whose neighbors introduced them to a financial adviser. The letter writers took the adviser's advice, invested in the market and drove an old car - not a Tesla - while their neighbors lived the high life. They announced they were retiring early. Their neighbors couldn't reconcile this news with their own financial hubris, and they stopped speaking to them. \n</p>\n<p>\n     By giving your friend advice about his Tesla stock, which may have been already weighing heavily on his mind, he may have felt exposed - diversify, diversify, diversify are the first three rules of investing - and he could also have felt judged. In 2025, the cars people drive and even the stocks they own have become politicized. Nihilism, the belief that nothing has meaning or purpose, exists on a sliding scale. As does tact. It's always better to ask: \"Could I give you some unsolicited advice?\" \n</p>\n<p>\n     It may help soften the blow, but the blow may still end the friendship. \n</p>\n<p>\n     Related: 'It's been a scary ride': My family has $800K in stocks. We lost 2 years of market gains in a few weeks. Do we sell - or buy? \n</p>\n<p>\n     You can email The Moneyist with any financial and ethical questions at qfottrell@marketwatch.com, and follow Quentin Fottrell on X, the platform formerly known as Twitter. \n</p>\n<p>\n     More columns from Quentin Fottrell: \n</p>\n<p>\n     'I'm deeply disturbed': My portfolio lost 20%. With Trump's trade war, do I sell my stocks and buy gold? \n</p>\n<p>\n     America's job market is eerily similar to the 1990s dot-com bubble - and, yes, it's a worry \n</p>\n<p>\n     Egg prices represent the cracks in the facade of America's economic wellbeing \n</p>\n<p>\n     The Moneyist regrets he cannot respond to letters individually.Check out The Moneyist's private Facebook group, where members help answer life's thorniest money issues. Post your questions, or weigh in on the latest Moneyist columns. \n</p>\n<p>\n     By emailing your questions to The Moneyist or posting your dilemmas on The Moneyist Facebook group, you agree to have them published anonymously on MarketWatch. \n</p>\n<p>\n     By submitting your story to Dow Jones &amp; Co., the publisher of MarketWatch, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. \n</p>\n<p>\n     -Quentin Fottrell \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 21, 2025 09:35 ET (13:35 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>I told my friend to sell his Tesla shares and he stopped speaking to me. I was trying to do him a favor. Was I wrong?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nI told my friend to sell his Tesla shares and he stopped speaking to me. I was trying to do him a favor. Was I wrong?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-21 21:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW I told my friend to sell his Tesla shares and he stopped speaking to me. I was trying to do him a favor. Was I wrong?\n</p>\n<p>\n  By Quentin Fottrell \n</p>\n<p>\n     Elon Musk told shareholders on Thursday to hold onto their stock, even as sales of the electric vehicles are falling \n</p>\n<p>\n     Dear Quentin, \n</p>\n<p>\n     I have or had a friend who owned two Teslas, and had his entire stock in Tesla. He is a Democrat and he claims to be a nihilist. I don't see how one can identify as a nihilist and also try to save the environment. In any case, I had been trying to get him to diversify his retirement portfolio. \n</p>\n<p>\n     I told him, \"If you are able, I think you should get out of Tesla. It's not that the company won't be able to recover - it might - but considering everything else, why would anyone stay vested in Tesla?\" This largely random subject caused us to cease communications. \n</p>\n<p>\n     Tesla's acceleration is amazing, but that is a small sacrifice. Other companies offer hybrids and EVs. Are MAGA supporters going to take up the slack in sales? I doubt it. I was a lifelong Republican before Trump, so my comments to my (former) friend were not political. \n</p>\n<p>\n     Yet he stopped speaking to me. Is that normal? \n</p>\n<p>\n     Former Friend \n</p>\n<p>\n     Related: I'm a Democrat who drives a Tesla. A guy shouted abuse at me for driving a car made by Elon Musk. Should I sell my car? \n</p>\n<p>\n     Dear Friend, \n</p>\n<p>\n     Your friend hailed a robotaxi, and drove directly out of the friendzone. \n</p>\n<p>\n     If your friendship was strong and close, even a clumsily-worded piece of unsolicited advice about his Tesla stock should not be enough to break it, regardless of whether he is a Democrat or a Republican. He may have thought you were making a political point, even if you had no intention of doing so. Or he may feel foolish for betting his retirement on one stock. Generally, when it comes to finance and politics, third-party opinions can go down like Tesla's stock. \n</p>\n<p>\n     Speaking on his social-media platform, X, Elon Musk told shareholders to hold onto their stock, even as sales of the EVs are falling. \"If you read the news, it feels like Armageddon, I can't walk past a TV without seeing a Tesla on fire,\" Musk said Thursday. \"I understand if you don't want to buy our product, but you don't have to burn it down - that's a bit unreasonable.\" He added, \"Tesla stock goes up, and it goes down. But, actually, it's still the same company. It's just people's perception of the future.\" He also reiterated his great hopes for the Model Y. \n</p>\n<p>\n     The most recent, drastic slide in Musk's electric-vehicle company should be taken in context. Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> is down roughly 50% from $477 at the end of last year to $236 on Friday, but it's still higher than the $170 this time last year. And if you're a medium- or long-term investor, you're still in the green: Lest we forget that the stock was hovering at around $23 five years ago. It may, of course, still have a long way to go. But if or when your friend sells will likely depend on when he bought. \n</p>\n<p>\n     It's no wonder your friend is sensitive. Wells Fargo <a href=\"https://laohu8.com/S/WFC\">$(WFC)$</a> analyst Colin Langan, in a recent analyst note, described Tesla's sales decline as \"shocking.\" Your friend holds a stock that has 1) become highly politicized and 2) his holding has been suffering of late as a result. Some 85% of clients of Morgan Stanley auto analyst Adam Jonas, in a 245-person survey released this week, said they believe Musk's political activities are hurting Tesla. They agreed that his political activism had either a \"negative\" or \"extremely negative\" effect on the business. \n</p>\n<p>\n     Related: 'God works in mysterious ways': I became a Nvidia millionaire playing 'World of Warcraft.' Am I smart - or just lucky? \n</p>\n<p>\n     Tesla's 'shocking' sales decline \n</p>\n<p>\n     To your point: Even if you are a diehard MAGA supporter and a Tesla fan, you may be concerned by Musk's attention being diverted away from the company, which Musk himself has acknowledged. By virtue of Musk's role cutting federal spending with the Department of Government Efficiency, you may reason, \"This is going to hurt the company's growth.\" And sell. Or, like your friend, you could decide to hold your position. Politics aside, people sell stocks for all sorts of reasons. \n</p>\n<p>\n     You are hardly a lone voice when it comes to the opinion you expressed to your friend on Tesla's stock, at least in the short term. Earlier this month, Trump bought a Tesla after showcasing a group of the electric vehicles on the South Lawn of the White House in a show of support for Musk. That may end up being a self-inflicted black eye for Musk: Trump supporters will probably like the stunt, but Democrats who have ignored the brouhaha until now could feel more pressured to choose another EV. \n</p>\n<p>\n     There's another uncomfortable reality that your friend may not be ready to face: Musk, who is also the CEO and founder of SpaceX and purchased Twitter for $44 billion in 2022 - rebranding it as X - has something of a fanatical following or, put another way, investors who believe in his dreams. And yet he is, many analysts argue, also the main cause of the current turmoil for the stock. For his fans, that's a hard pill to swallow. Your friend, given his exposure to Tesla, may be one of those fans. \n</p>\n<p>\n     Trump showcased Teslas on the South Lawn of the White House. That may become a self-inflicted black eye for Musk. \n</p>\n<p>\n     In California, the largest market for Tesla in the U.S., sales have fallen significantly. \"Tesla's dominance in the electric-vehicle market continues to falter as the brand reported its fifth consecutive quarterly registration decline,\" according to the California New Car Dealers Association. Tesla's registrations fell 7.8% in the fourth quarter of 2024, bringing the total decline in 2024 to 11.6%. \n</p>\n<p>\n     Overseas sales are also a concern. Tesla sold 7,517 cars in Europe in January 2025, down over 50% on the same time last year. EV sales are strong in China, but Tesla sales are falling there too. MAGA's policies - from Trump's desire to purchase Greenland to Musk's support for Germany's hard-right Alternative fur Deutschland party - have not endeared them to Europeans. The U.S.-led trade war has not helped; Tesla sent a letter to the White House expressing concern about retaliatory tariffs. \n</p>\n<p>\n     Several analysts have said the Tesla slide is not nearly over yet, and point to the ongoing volatility of Tesla options. J.P. Morgan auto analyst Ryan Brinkman slashed his forecast for first-quarter deliveries by 20%, to 355,000 from 444,000, and cut his price target to $120 from $135. \"We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,\" Brinkman wrote. \n</p>\n<p>\n     Related: 'Is it finally time to freak out?' I'm in my 50s and worried about the $650K in my 401(k). \n</p>\n<p>\n     Mixing finance and friendship \n</p>\n<p>\n     Tesla is still considered among the \"Magnificent Seven\" of tech stocks, which also include Alphabet <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> , Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, Meta <a href=\"https://laohu8.com/S/META\">$(META)$</a>, Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> and Nvidia <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a>.  But some observers, including Barron's columnist Al Root, believe Tesla does not belong in that group. \"Tesla's market value is no longer in the top seven among S&amp;P 500 SPX,\" Root writes. The other six are \"profit machines,\" he adds, while Tesla trades for 85 times earnings, down from 200 times three months ago. \n</p>\n<p>\n     Finance and friendship don't always make good bedfellows. Adding politics to the mix is a risky gamble. I'm reminded of this couple whose neighbors introduced them to a financial adviser. The letter writers took the adviser's advice, invested in the market and drove an old car - not a Tesla - while their neighbors lived the high life. They announced they were retiring early. Their neighbors couldn't reconcile this news with their own financial hubris, and they stopped speaking to them. \n</p>\n<p>\n     By giving your friend advice about his Tesla stock, which may have been already weighing heavily on his mind, he may have felt exposed - diversify, diversify, diversify are the first three rules of investing - and he could also have felt judged. In 2025, the cars people drive and even the stocks they own have become politicized. Nihilism, the belief that nothing has meaning or purpose, exists on a sliding scale. As does tact. It's always better to ask: \"Could I give you some unsolicited advice?\" \n</p>\n<p>\n     It may help soften the blow, but the blow may still end the friendship. \n</p>\n<p>\n     Related: 'It's been a scary ride': My family has $800K in stocks. We lost 2 years of market gains in a few weeks. Do we sell - or buy? \n</p>\n<p>\n     You can email The Moneyist with any financial and ethical questions at qfottrell@marketwatch.com, and follow Quentin Fottrell on X, the platform formerly known as Twitter. \n</p>\n<p>\n     More columns from Quentin Fottrell: \n</p>\n<p>\n     'I'm deeply disturbed': My portfolio lost 20%. With Trump's trade war, do I sell my stocks and buy gold? \n</p>\n<p>\n     America's job market is eerily similar to the 1990s dot-com bubble - and, yes, it's a worry \n</p>\n<p>\n     Egg prices represent the cracks in the facade of America's economic wellbeing \n</p>\n<p>\n     The Moneyist regrets he cannot respond to letters individually.Check out The Moneyist's private Facebook group, where members help answer life's thorniest money issues. Post your questions, or weigh in on the latest Moneyist columns. \n</p>\n<p>\n     By emailing your questions to The Moneyist or posting your dilemmas on The Moneyist Facebook group, you agree to have them published anonymously on MarketWatch. \n</p>\n<p>\n     By submitting your story to Dow Jones &amp; Co., the publisher of MarketWatch, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. \n</p>\n<p>\n     -Quentin Fottrell \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 21, 2025 09:35 ET (13:35 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVIW.SI":"NVDA 3xLongSG261006","TSYW.SI":"TESLA 3xLongSG261006","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","LU0690374615.EUR":"FUNDSMITH EQUITY \"R\" (EUR) ACC","NVDS":"1.5倍做空NVDA ETF-Tradr","TSLL":"2倍做多TSLA ETF-Direxion","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","MACW.SI":"APPLE 3xLongSG261006","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU0823417737.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC","LU0124676726.USD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (USD) ACC","NVDU":"2倍做多NVDA ETF-Direxion","SNVD.UK":"LS -1X NVIDIA","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","3NVD.UK":"LS 3X NVIDIA","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","LU1582986359.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) ACC","BK4573":"虚拟现实","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","NVD":"2倍做空NVDA ETF-GraniteShares","BK4581":"高盛持仓","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU2491050071.SGD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (SGDHDG) ACC","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","USAW.SI":"AMZN 3xLongSG261006","NVDY":"NVDA期权收益策略ETF-YieldMax","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","NVDS.UK":"LS -1X NVIDIA","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","BK4567":"ESG概念","NVDD":"1倍做空NVDA ETF-Direxion","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","TSLA":"特斯拉","NVD2.UK":"2X NVIDIA ETP","NVD3.UK":"LS 3X NVIDIA","2NVD.UK":"2X NVIDIA ETP","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2521128478","content_text":"MW I told my friend to sell his Tesla shares and he stopped speaking to me. I was trying to do him a favor. Was I wrong?\n\n\n  By Quentin Fottrell \n\n\n     Elon Musk told shareholders on Thursday to hold onto their stock, even as sales of the electric vehicles are falling \n\n\n     Dear Quentin, \n\n\n     I have or had a friend who owned two Teslas, and had his entire stock in Tesla. He is a Democrat and he claims to be a nihilist. I don't see how one can identify as a nihilist and also try to save the environment. In any case, I had been trying to get him to diversify his retirement portfolio. \n\n\n     I told him, \"If you are able, I think you should get out of Tesla. It's not that the company won't be able to recover - it might - but considering everything else, why would anyone stay vested in Tesla?\" This largely random subject caused us to cease communications. \n\n\n     Tesla's acceleration is amazing, but that is a small sacrifice. Other companies offer hybrids and EVs. Are MAGA supporters going to take up the slack in sales? I doubt it. I was a lifelong Republican before Trump, so my comments to my (former) friend were not political. \n\n\n     Yet he stopped speaking to me. Is that normal? \n\n\n     Former Friend \n\n\n     Related: I'm a Democrat who drives a Tesla. A guy shouted abuse at me for driving a car made by Elon Musk. Should I sell my car? \n\n\n     Dear Friend, \n\n\n     Your friend hailed a robotaxi, and drove directly out of the friendzone. \n\n\n     If your friendship was strong and close, even a clumsily-worded piece of unsolicited advice about his Tesla stock should not be enough to break it, regardless of whether he is a Democrat or a Republican. He may have thought you were making a political point, even if you had no intention of doing so. Or he may feel foolish for betting his retirement on one stock. Generally, when it comes to finance and politics, third-party opinions can go down like Tesla's stock. \n\n\n     Speaking on his social-media platform, X, Elon Musk told shareholders to hold onto their stock, even as sales of the EVs are falling. \"If you read the news, it feels like Armageddon, I can't walk past a TV without seeing a Tesla on fire,\" Musk said Thursday. \"I understand if you don't want to buy our product, but you don't have to burn it down - that's a bit unreasonable.\" He added, \"Tesla stock goes up, and it goes down. But, actually, it's still the same company. It's just people's perception of the future.\" He also reiterated his great hopes for the Model Y. \n\n\n     The most recent, drastic slide in Musk's electric-vehicle company should be taken in context. Tesla $(TSLA)$ is down roughly 50% from $477 at the end of last year to $236 on Friday, but it's still higher than the $170 this time last year. And if you're a medium- or long-term investor, you're still in the green: Lest we forget that the stock was hovering at around $23 five years ago. It may, of course, still have a long way to go. But if or when your friend sells will likely depend on when he bought. \n\n\n     It's no wonder your friend is sensitive. Wells Fargo $(WFC)$ analyst Colin Langan, in a recent analyst note, described Tesla's sales decline as \"shocking.\" Your friend holds a stock that has 1) become highly politicized and 2) his holding has been suffering of late as a result. Some 85% of clients of Morgan Stanley auto analyst Adam Jonas, in a 245-person survey released this week, said they believe Musk's political activities are hurting Tesla. They agreed that his political activism had either a \"negative\" or \"extremely negative\" effect on the business. \n\n\n     Related: 'God works in mysterious ways': I became a Nvidia millionaire playing 'World of Warcraft.' Am I smart - or just lucky? \n\n\n     Tesla's 'shocking' sales decline \n\n\n     To your point: Even if you are a diehard MAGA supporter and a Tesla fan, you may be concerned by Musk's attention being diverted away from the company, which Musk himself has acknowledged. By virtue of Musk's role cutting federal spending with the Department of Government Efficiency, you may reason, \"This is going to hurt the company's growth.\" And sell. Or, like your friend, you could decide to hold your position. Politics aside, people sell stocks for all sorts of reasons. \n\n\n     You are hardly a lone voice when it comes to the opinion you expressed to your friend on Tesla's stock, at least in the short term. Earlier this month, Trump bought a Tesla after showcasing a group of the electric vehicles on the South Lawn of the White House in a show of support for Musk. That may end up being a self-inflicted black eye for Musk: Trump supporters will probably like the stunt, but Democrats who have ignored the brouhaha until now could feel more pressured to choose another EV. \n\n\n     There's another uncomfortable reality that your friend may not be ready to face: Musk, who is also the CEO and founder of SpaceX and purchased Twitter for $44 billion in 2022 - rebranding it as X - has something of a fanatical following or, put another way, investors who believe in his dreams. And yet he is, many analysts argue, also the main cause of the current turmoil for the stock. For his fans, that's a hard pill to swallow. Your friend, given his exposure to Tesla, may be one of those fans. \n\n\n     Trump showcased Teslas on the South Lawn of the White House. That may become a self-inflicted black eye for Musk. \n\n\n     In California, the largest market for Tesla in the U.S., sales have fallen significantly. \"Tesla's dominance in the electric-vehicle market continues to falter as the brand reported its fifth consecutive quarterly registration decline,\" according to the California New Car Dealers Association. Tesla's registrations fell 7.8% in the fourth quarter of 2024, bringing the total decline in 2024 to 11.6%. \n\n\n     Overseas sales are also a concern. Tesla sold 7,517 cars in Europe in January 2025, down over 50% on the same time last year. EV sales are strong in China, but Tesla sales are falling there too. MAGA's policies - from Trump's desire to purchase Greenland to Musk's support for Germany's hard-right Alternative fur Deutschland party - have not endeared them to Europeans. The U.S.-led trade war has not helped; Tesla sent a letter to the White House expressing concern about retaliatory tariffs. \n\n\n     Several analysts have said the Tesla slide is not nearly over yet, and point to the ongoing volatility of Tesla options. J.P. Morgan auto analyst Ryan Brinkman slashed his forecast for first-quarter deliveries by 20%, to 355,000 from 444,000, and cut his price target to $120 from $135. \"We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,\" Brinkman wrote. \n\n\n     Related: 'Is it finally time to freak out?' I'm in my 50s and worried about the $650K in my 401(k). \n\n\n     Mixing finance and friendship \n\n\n     Tesla is still considered among the \"Magnificent Seven\" of tech stocks, which also include Alphabet $(GOOGL)$ , Amazon $(AMZN)$, Apple $(AAPL)$, Meta $(META)$, Microsoft $(MSFT)$ and Nvidia $(NVDA)$.  But some observers, including Barron's columnist Al Root, believe Tesla does not belong in that group. \"Tesla's market value is no longer in the top seven among S&P 500 SPX,\" Root writes. The other six are \"profit machines,\" he adds, while Tesla trades for 85 times earnings, down from 200 times three months ago. \n\n\n     Finance and friendship don't always make good bedfellows. Adding politics to the mix is a risky gamble. I'm reminded of this couple whose neighbors introduced them to a financial adviser. The letter writers took the adviser's advice, invested in the market and drove an old car - not a Tesla - while their neighbors lived the high life. They announced they were retiring early. Their neighbors couldn't reconcile this news with their own financial hubris, and they stopped speaking to them. \n\n\n     By giving your friend advice about his Tesla stock, which may have been already weighing heavily on his mind, he may have felt exposed - diversify, diversify, diversify are the first three rules of investing - and he could also have felt judged. In 2025, the cars people drive and even the stocks they own have become politicized. Nihilism, the belief that nothing has meaning or purpose, exists on a sliding scale. As does tact. It's always better to ask: \"Could I give you some unsolicited advice?\" \n\n\n     It may help soften the blow, but the blow may still end the friendship. \n\n\n     Related: 'It's been a scary ride': My family has $800K in stocks. We lost 2 years of market gains in a few weeks. Do we sell - or buy? \n\n\n     You can email The Moneyist with any financial and ethical questions at qfottrell@marketwatch.com, and follow Quentin Fottrell on X, the platform formerly known as Twitter. \n\n\n     More columns from Quentin Fottrell: \n\n\n     'I'm deeply disturbed': My portfolio lost 20%. With Trump's trade war, do I sell my stocks and buy gold? \n\n\n     America's job market is eerily similar to the 1990s dot-com bubble - and, yes, it's a worry \n\n\n     Egg prices represent the cracks in the facade of America's economic wellbeing \n\n\n     The Moneyist regrets he cannot respond to letters individually.Check out The Moneyist's private Facebook group, where members help answer life's thorniest money issues. Post your questions, or weigh in on the latest Moneyist columns. \n\n\n     By emailing your questions to The Moneyist or posting your dilemmas on The Moneyist Facebook group, you agree to have them published anonymously on MarketWatch. \n\n\n     By submitting your story to Dow Jones & Co., the publisher of MarketWatch, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. \n\n\n     -Quentin Fottrell \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 21, 2025 09:35 ET (13:35 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"NVDY":0.6,"NVD":0.6,"NVD3.UK":0.6,"3NVD.UK":0.6,"TSYW.SI":0.6,"NVDS":0.6,"2NVD.UK":0.6,"NVDU":0.6,"MACW.SI":0.6,"TSLA":1,"NVIW.SI":0.6,"USAW.SI":0.6,"NVDD":0.6,"NVDS.UK":0.6,"TSLL":1,"SNVD.UK":0.6,"NVD2.UK":0.6}},"isVote":1,"tweetType":1,"viewCount":1666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":413538387624200,"gmtCreate":1741955389676,"gmtModify":1741957786969,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"Can see that you are hater for Tesla. If I am yr friend I will not only end the friend ship. I will even beat u up","listText":"Can see that you are hater for Tesla. If I am yr friend I will not only end the friend ship. I will even beat u up","text":"Can see that you are hater for Tesla. If I am yr friend I will not only end the friend ship. I will even beat u up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/413538387624200","repostId":"2519808279","repostType":2,"repost":{"id":"2519808279","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1741953000,"share":"https://ttm.financial/m/news/2519808279?lang=en_US&edition=fundamental","pubTime":"2025-03-14 19:50","market":"sh","language":"en","title":"'He claims to be a nihilist': I told my friend to sell his Tesla shares. He stopped speaking to me. Is that normal?","url":"https://stock-news.laohu8.com/highlight/detail?id=2519808279","media":"Dow Jones","summary":"'I've been trying to get him to diversify his retirement portfolio'. I have or had a friend who owned two Teslas, and had his entire stock in Tesla. He is a Democrat and he claims to be a nihilist. I don't see how one can identify as a nihilist and also try to save the environment. In any case, I had been trying to get him to diversify his retirement portfolio.I told him, \"If you are able, I think you should get out of Tesla. It's not that the company won't be able to recover - it might - but considering everything else, why would anyone stay vested in Tesla?\" This largely random subject caused us to cease communications.Tesla's acceleration is amazing, but that is a small sacrifice. Other companies offer hybrids and EVs. Are MAGA supporters going to take up the slack in sales?Yet he stopped speaking to me. Is that normal?You are hardly a lone voice when it comes to your opinion on Tesla's stock uncertain future, at least in the short term. On Tuesday, Trump bought a Tesla after p","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW 'He claims to be a nihilist': I told my friend to sell his Tesla shares. He stopped speaking to me. Is that normal?\n</p>\n<p>\n  By Quentin Fottrell \n</p>\n<p>\n     'I've been trying to get him to diversify his retirement portfolio' \n</p>\n<p>\n     Dear Quentin, \n</p>\n<p>\n     I have or had a friend who owned two Teslas, and had his entire stock in Tesla. He is a Democrat and he claims to be a nihilist. I don't see how one can identify as a nihilist and also try to save the environment. In any case, I had been trying to get him to diversify his retirement portfolio. \n</p>\n<p>\n     I told him, \"If you are able, I think you should get out of Tesla. It's not that the company won't be able to recover - it might - but considering everything else, why would anyone stay vested in Tesla?\" This largely random subject caused us to cease communications. \n</p>\n<p>\n     Tesla's acceleration is amazing, but that is a small sacrifice. Other companies offer hybrids and EVs. Are MAGA supporters going to take up the slack in sales? I doubt it. I was a lifelong Republican before Trump, so my comments to my (former) friend were not political. \n</p>\n<p>\n     Yet he stopped speaking to me. Is that normal? \n</p>\n<p>\n     Former Friend \n</p>\n<p>\n     Related: I'm a Democrat who drives a Tesla. A guy shouted abuse at me for driving a car made by Elon Musk. Should I sell my car? \n</p>\n<p>\n     Dear Friend, \n</p>\n<p>\n     Your friend hailed a robotaxi, and drove directly out of the friendzone. \n</p>\n<p>\n     If your friendship was strong and close, even a clumsily-worded piece of unsolicited advice about his Tesla stock should not be enough to break it, regardless of whether he is a Democrat or a Republican. He may have thought you were making a political point, even if you had no intention of doing so. Generally, when it comes to finance and politics, unsolicited opinions can go down like Tesla's stock. \n</p>\n<p>\n     To your point: Even if you are a diehard MAGA supporter and a Tesla fan, you may look at Musk's attention being diverted away from the company, which Musk himself has acknowledged. He may see that it has, by virtue of Musk's role cutting federal spending with the Department of Government Efficiency and reason, \"This is going to hurt sales.\" And sell. Politics aside, people sell stocks if they believe they'll lose money. \n</p>\n<p>\n     The most recent, drastic slide in Elon Musk's electric-vehicle company should be taken in context. Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> is down nearly 50% from $477 at the end of last year to $240 currently, but it's still higher than the $170 at this time last year. And if you're a medium- or long-term investor, you're still in the green: Lest we forget that the stock was hovering at around $23 five years ago. It may, of course, still have a long way to go. \n</p>\n<p>\n     Related: Has Tesla stock hit bottom? Here's what the options market is saying. \n</p>\n<p>\n     Tesla 'shocking' sales decline \n</p>\n<p>\n     You are hardly a lone voice when it comes to your opinion on Tesla's stock uncertain future, at least in the short term. On Tuesday, Trump bought a Tesla after parading a group of the electric vehicles on the South Lawn of the White House in a show of support for Musk. That may end up being a black eye for Musk: Trump supporters will probably like the stunt, but Democrats who have ignored the brouhaha until now could feel more pressured to choose another EV. \n</p>\n<p>\n     Overseas sales are also a concern. Tesla sold 7,517 cars in Europe in January 2025 - down over 50% on the same time last year, according to the European Automobile Manufacturers' Association. EV sales are strong in China, but Tesla sales there are falling. MAGA's policies - from Trump's desire to purchase Greenland to Musk's support for Germany's hard-right Alternative fur Deutschland party - have not endeared him to Europeans. The U.S.-led trade war has not helped either. \n</p>\n<p>\n     It's no wonder your friend is sensitive. Wells Fargo <a href=\"https://laohu8.com/S/WFC\">$(WFC)$</a> analyst Colin Langan, in an analyst note on Friday, described Tesl'a sales decline as \"shocking.\" Your friend holds a stock that has 1) become highly politicized and 2) his holding has been suffering of late as a result. Some 85% of clients of Morgan Stanley auto analyst Adam Jonas, in a 245-person survey this week, said they believe Musk's political activities are hurting Tesla. They agreed with the statement that his political activism had either a \"negative\" or \"extremely negative\" effect on the business. \n</p>\n<p>\n     President Trump paraded a group of Teslas on the South Lawn of the White House. That may end up being a black eye for Elon Musk. \n</p>\n<p>\n     In California, the largest market for Tesla in the U.S., sales have also fallen. \"Tesla's dominance in the electric-vehicle market continues to falter as the brand reported its fifth consecutive quarterly registration decline,\" according to the California New Car Dealers Association. Tesla's registrations fell 7.8% in the fourth quarter of 2024, bringing the total decline in 2024 to 11.6%. \n</p>\n<p>\n     Several analysts have said the Tesla slide is not nearly over yet. J.P. Morgan auto analyst Ryan Brinkman slashed his forecast for first-quarter deliveries by 20%, to 355,000 from 444,000, and cut his price target to $120 from $135. \"We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,\" Brinkman wrote. \n</p>\n<p>\n     Tesla is still considered among the \"Magnificent Seven\" of tech stocks, which also include Alphabet <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> , Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, Meta <a href=\"https://laohu8.com/S/META\">$(META)$</a>, Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> and Nvidia <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a>.  But some observers, including Barron's columnist Al Root, believe Tesla does not belong in that group. \"Tesla's market value is no longer in the top seven among S&amp;P 500 SPX,\" Root writes. The other six are \"profit machines,\" he adds, while Tesla trades for 85 times earnings, down from 200 times three months ago. \n</p>\n<p>\n     Related: 'Is it finally time to freak out?' I'm in my 50s and worried about the $650K in my 401(k). \n</p>\n<p>\n     Finance and friendship \n</p>\n<p>\n     There's another uncomfortable reality that your friend may not be ready to face: Musk, who is also the CEO and founder of SpaceX and purchased Twitter for $44 billion in 2022 - rebranding it as X - has something of a fanatical following or, put another way, investors who believe in his dreams. And yet he is, many analysts argue, also the main cause of the current turmoil for the stock. For his fans, that's a hard pill to swallow. Your friend, given his exposure to Tesla, may be one of those fans. \n</p>\n<p>\n     Finance and friendship don't always make good bedfellows. I'm reminded of this couple whose neighbors introduced them to a financial adviser. The letter writers took the adviser's advice, invested in the market and drove an old car - not a Tesla - while their neighbors lived the high life. They announced they were retiring early. Their neighbors couldn't reconcile this news with their own financial hubris, and they stopped speaking to them. \n</p>\n<p>\n     By giving your friend advice about his Tesla stock, which may have been already weighing heavily on his mind, he may have felt exposed - diversify, diversify, diversify are the first three rules of investing - and could also have felt judged. In 2025, the cars people drive and even the stocks they own have become politicized. Nihilism, the belief that nothing has meaning or purpose, exists on a sliding scale. As does tact. It's always better to ask: \"Could I give you some advice?\" \n</p>\n<p>\n     It may help soften the blow, but the blow may still end the friendship. \n</p>\n<p>\n     Related: 'It's been a scary ride': My family has $800K in stocks. We lost 2 years of market gains in a few weeks. Do we sell - or buy? \n</p>\n<p>\n     You can email The Moneyist with any financial and ethical questions at qfottrell@marketwatch.com, and follow Quentin Fottrell on X, the platform formerly known as Twitter. \n</p>\n<p>\n     More columns from Quentin Fottrell: \n</p>\n<p>\n     'I'm deeply disturbed': My portfolio lost 20%. With Trump's trade war, do I sell my stocks and buy gold? \n</p>\n<p>\n     America's job market is eerily similar to the 1990s dot-com bubble - and, yes, it's a worry \n</p>\n<p>\n     Egg prices represent the cracks in the facade of America's economic wellbeing \n</p>\n<p>\n     The Moneyist regrets he cannot respond to letters individually.Check out The Moneyist's private Facebook group, where members help answer life's thorniest money issues. Post your questions, or weigh in on the latest Moneyist columns. \n</p>\n<p>\n     By emailing your questions to The Moneyist or posting your dilemmas on The Moneyist Facebook group, you agree to have them published anonymously on MarketWatch. \n</p>\n<p>\n     By submitting your story to Dow Jones &amp; Co., the publisher of MarketWatch, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. \n</p>\n<p>\n     -Quentin Fottrell \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 14, 2025 07:50 ET (11:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'He claims to be a nihilist': I told my friend to sell his Tesla shares. He stopped speaking to me. Is that normal?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'He claims to be a nihilist': I told my friend to sell his Tesla shares. He stopped speaking to me. Is that normal?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-14 19:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW 'He claims to be a nihilist': I told my friend to sell his Tesla shares. He stopped speaking to me. Is that normal?\n</p>\n<p>\n  By Quentin Fottrell \n</p>\n<p>\n     'I've been trying to get him to diversify his retirement portfolio' \n</p>\n<p>\n     Dear Quentin, \n</p>\n<p>\n     I have or had a friend who owned two Teslas, and had his entire stock in Tesla. He is a Democrat and he claims to be a nihilist. I don't see how one can identify as a nihilist and also try to save the environment. In any case, I had been trying to get him to diversify his retirement portfolio. \n</p>\n<p>\n     I told him, \"If you are able, I think you should get out of Tesla. It's not that the company won't be able to recover - it might - but considering everything else, why would anyone stay vested in Tesla?\" This largely random subject caused us to cease communications. \n</p>\n<p>\n     Tesla's acceleration is amazing, but that is a small sacrifice. Other companies offer hybrids and EVs. Are MAGA supporters going to take up the slack in sales? I doubt it. I was a lifelong Republican before Trump, so my comments to my (former) friend were not political. \n</p>\n<p>\n     Yet he stopped speaking to me. Is that normal? \n</p>\n<p>\n     Former Friend \n</p>\n<p>\n     Related: I'm a Democrat who drives a Tesla. A guy shouted abuse at me for driving a car made by Elon Musk. Should I sell my car? \n</p>\n<p>\n     Dear Friend, \n</p>\n<p>\n     Your friend hailed a robotaxi, and drove directly out of the friendzone. \n</p>\n<p>\n     If your friendship was strong and close, even a clumsily-worded piece of unsolicited advice about his Tesla stock should not be enough to break it, regardless of whether he is a Democrat or a Republican. He may have thought you were making a political point, even if you had no intention of doing so. Generally, when it comes to finance and politics, unsolicited opinions can go down like Tesla's stock. \n</p>\n<p>\n     To your point: Even if you are a diehard MAGA supporter and a Tesla fan, you may look at Musk's attention being diverted away from the company, which Musk himself has acknowledged. He may see that it has, by virtue of Musk's role cutting federal spending with the Department of Government Efficiency and reason, \"This is going to hurt sales.\" And sell. Politics aside, people sell stocks if they believe they'll lose money. \n</p>\n<p>\n     The most recent, drastic slide in Elon Musk's electric-vehicle company should be taken in context. Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> is down nearly 50% from $477 at the end of last year to $240 currently, but it's still higher than the $170 at this time last year. And if you're a medium- or long-term investor, you're still in the green: Lest we forget that the stock was hovering at around $23 five years ago. It may, of course, still have a long way to go. \n</p>\n<p>\n     Related: Has Tesla stock hit bottom? Here's what the options market is saying. \n</p>\n<p>\n     Tesla 'shocking' sales decline \n</p>\n<p>\n     You are hardly a lone voice when it comes to your opinion on Tesla's stock uncertain future, at least in the short term. On Tuesday, Trump bought a Tesla after parading a group of the electric vehicles on the South Lawn of the White House in a show of support for Musk. That may end up being a black eye for Musk: Trump supporters will probably like the stunt, but Democrats who have ignored the brouhaha until now could feel more pressured to choose another EV. \n</p>\n<p>\n     Overseas sales are also a concern. Tesla sold 7,517 cars in Europe in January 2025 - down over 50% on the same time last year, according to the European Automobile Manufacturers' Association. EV sales are strong in China, but Tesla sales there are falling. MAGA's policies - from Trump's desire to purchase Greenland to Musk's support for Germany's hard-right Alternative fur Deutschland party - have not endeared him to Europeans. The U.S.-led trade war has not helped either. \n</p>\n<p>\n     It's no wonder your friend is sensitive. Wells Fargo <a href=\"https://laohu8.com/S/WFC\">$(WFC)$</a> analyst Colin Langan, in an analyst note on Friday, described Tesl'a sales decline as \"shocking.\" Your friend holds a stock that has 1) become highly politicized and 2) his holding has been suffering of late as a result. Some 85% of clients of Morgan Stanley auto analyst Adam Jonas, in a 245-person survey this week, said they believe Musk's political activities are hurting Tesla. They agreed with the statement that his political activism had either a \"negative\" or \"extremely negative\" effect on the business. \n</p>\n<p>\n     President Trump paraded a group of Teslas on the South Lawn of the White House. That may end up being a black eye for Elon Musk. \n</p>\n<p>\n     In California, the largest market for Tesla in the U.S., sales have also fallen. \"Tesla's dominance in the electric-vehicle market continues to falter as the brand reported its fifth consecutive quarterly registration decline,\" according to the California New Car Dealers Association. Tesla's registrations fell 7.8% in the fourth quarter of 2024, bringing the total decline in 2024 to 11.6%. \n</p>\n<p>\n     Several analysts have said the Tesla slide is not nearly over yet. J.P. Morgan auto analyst Ryan Brinkman slashed his forecast for first-quarter deliveries by 20%, to 355,000 from 444,000, and cut his price target to $120 from $135. \"We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,\" Brinkman wrote. \n</p>\n<p>\n     Tesla is still considered among the \"Magnificent Seven\" of tech stocks, which also include Alphabet <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> , Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, Meta <a href=\"https://laohu8.com/S/META\">$(META)$</a>, Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> and Nvidia <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a>.  But some observers, including Barron's columnist Al Root, believe Tesla does not belong in that group. \"Tesla's market value is no longer in the top seven among S&amp;P 500 SPX,\" Root writes. The other six are \"profit machines,\" he adds, while Tesla trades for 85 times earnings, down from 200 times three months ago. \n</p>\n<p>\n     Related: 'Is it finally time to freak out?' I'm in my 50s and worried about the $650K in my 401(k). \n</p>\n<p>\n     Finance and friendship \n</p>\n<p>\n     There's another uncomfortable reality that your friend may not be ready to face: Musk, who is also the CEO and founder of SpaceX and purchased Twitter for $44 billion in 2022 - rebranding it as X - has something of a fanatical following or, put another way, investors who believe in his dreams. And yet he is, many analysts argue, also the main cause of the current turmoil for the stock. For his fans, that's a hard pill to swallow. Your friend, given his exposure to Tesla, may be one of those fans. \n</p>\n<p>\n     Finance and friendship don't always make good bedfellows. I'm reminded of this couple whose neighbors introduced them to a financial adviser. The letter writers took the adviser's advice, invested in the market and drove an old car - not a Tesla - while their neighbors lived the high life. They announced they were retiring early. Their neighbors couldn't reconcile this news with their own financial hubris, and they stopped speaking to them. \n</p>\n<p>\n     By giving your friend advice about his Tesla stock, which may have been already weighing heavily on his mind, he may have felt exposed - diversify, diversify, diversify are the first three rules of investing - and could also have felt judged. In 2025, the cars people drive and even the stocks they own have become politicized. Nihilism, the belief that nothing has meaning or purpose, exists on a sliding scale. As does tact. It's always better to ask: \"Could I give you some advice?\" \n</p>\n<p>\n     It may help soften the blow, but the blow may still end the friendship. \n</p>\n<p>\n     Related: 'It's been a scary ride': My family has $800K in stocks. We lost 2 years of market gains in a few weeks. Do we sell - or buy? \n</p>\n<p>\n     You can email The Moneyist with any financial and ethical questions at qfottrell@marketwatch.com, and follow Quentin Fottrell on X, the platform formerly known as Twitter. \n</p>\n<p>\n     More columns from Quentin Fottrell: \n</p>\n<p>\n     'I'm deeply disturbed': My portfolio lost 20%. With Trump's trade war, do I sell my stocks and buy gold? \n</p>\n<p>\n     America's job market is eerily similar to the 1990s dot-com bubble - and, yes, it's a worry \n</p>\n<p>\n     Egg prices represent the cracks in the facade of America's economic wellbeing \n</p>\n<p>\n     The Moneyist regrets he cannot respond to letters individually.Check out The Moneyist's private Facebook group, where members help answer life's thorniest money issues. Post your questions, or weigh in on the latest Moneyist columns. \n</p>\n<p>\n     By emailing your questions to The Moneyist or posting your dilemmas on The Moneyist Facebook group, you agree to have them published anonymously on MarketWatch. \n</p>\n<p>\n     By submitting your story to Dow Jones &amp; Co., the publisher of MarketWatch, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. \n</p>\n<p>\n     -Quentin Fottrell \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 14, 2025 07:50 ET (11:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDY":"NVDA期权收益策略ETF-YieldMax","2NVD.UK":"2X NVIDIA ETP","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU1564329628.SGD":"Blackrock Dynamic High Income A2 SGD-H","NVDD":"1倍做空NVDA ETF-Direxion","BK4207":"综合性银行","TSLA":"特斯拉","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU1670711123.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) INC","MACW.SI":"APPLE 3xLongSG261006","LU2041044095.USD":"Blackrock Circular Economy A2 USD","NVIW.SI":"NVDA 3xLongSG261006","USAW.SI":"AMZN 3xLongSG261006","TSYW.SI":"TESLA 3xLongSG261006","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","NVD3.UK":"LS 3X NVIDIA","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU0342679015.USD":"ALLIANZ GLOBAL EQUITY UNCONSTRAINED \"AT\" (USD) ACC","BK4567":"ESG概念","LU2242650005.HKD":"FIDELITY FUNDS GLOBAL MULTI ASSET DYNAMIC \"A\" (HKD) ACC","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1235295455.SGD":"Fidelity Global Multi Asset Growth & Income A-ACC-SGD","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","3NVD.UK":"LS 3X NVIDIA","NVDS.UK":"LS -1X NVIDIA","NVDS":"1.5倍做空NVDA ETF-Tradr","TSLL":"2倍做多TSLA ETF-Direxion","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","SNVD.UK":"LS -1X NVIDIA","NVDU":"2倍做多NVDA ETF-Direxion","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","NVD2.UK":"2X NVIDIA ETP","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","BK4515":"5G概念","LU0109392836.USD":"富兰克林科技股A","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2519808279","content_text":"MW 'He claims to be a nihilist': I told my friend to sell his Tesla shares. He stopped speaking to me. Is that normal?\n\n\n  By Quentin Fottrell \n\n\n     'I've been trying to get him to diversify his retirement portfolio' \n\n\n     Dear Quentin, \n\n\n     I have or had a friend who owned two Teslas, and had his entire stock in Tesla. He is a Democrat and he claims to be a nihilist. I don't see how one can identify as a nihilist and also try to save the environment. In any case, I had been trying to get him to diversify his retirement portfolio. \n\n\n     I told him, \"If you are able, I think you should get out of Tesla. It's not that the company won't be able to recover - it might - but considering everything else, why would anyone stay vested in Tesla?\" This largely random subject caused us to cease communications. \n\n\n     Tesla's acceleration is amazing, but that is a small sacrifice. Other companies offer hybrids and EVs. Are MAGA supporters going to take up the slack in sales? I doubt it. I was a lifelong Republican before Trump, so my comments to my (former) friend were not political. \n\n\n     Yet he stopped speaking to me. Is that normal? \n\n\n     Former Friend \n\n\n     Related: I'm a Democrat who drives a Tesla. A guy shouted abuse at me for driving a car made by Elon Musk. Should I sell my car? \n\n\n     Dear Friend, \n\n\n     Your friend hailed a robotaxi, and drove directly out of the friendzone. \n\n\n     If your friendship was strong and close, even a clumsily-worded piece of unsolicited advice about his Tesla stock should not be enough to break it, regardless of whether he is a Democrat or a Republican. He may have thought you were making a political point, even if you had no intention of doing so. Generally, when it comes to finance and politics, unsolicited opinions can go down like Tesla's stock. \n\n\n     To your point: Even if you are a diehard MAGA supporter and a Tesla fan, you may look at Musk's attention being diverted away from the company, which Musk himself has acknowledged. He may see that it has, by virtue of Musk's role cutting federal spending with the Department of Government Efficiency and reason, \"This is going to hurt sales.\" And sell. Politics aside, people sell stocks if they believe they'll lose money. \n\n\n     The most recent, drastic slide in Elon Musk's electric-vehicle company should be taken in context. Tesla $(TSLA)$ is down nearly 50% from $477 at the end of last year to $240 currently, but it's still higher than the $170 at this time last year. And if you're a medium- or long-term investor, you're still in the green: Lest we forget that the stock was hovering at around $23 five years ago. It may, of course, still have a long way to go. \n\n\n     Related: Has Tesla stock hit bottom? Here's what the options market is saying. \n\n\n     Tesla 'shocking' sales decline \n\n\n     You are hardly a lone voice when it comes to your opinion on Tesla's stock uncertain future, at least in the short term. On Tuesday, Trump bought a Tesla after parading a group of the electric vehicles on the South Lawn of the White House in a show of support for Musk. That may end up being a black eye for Musk: Trump supporters will probably like the stunt, but Democrats who have ignored the brouhaha until now could feel more pressured to choose another EV. \n\n\n     Overseas sales are also a concern. Tesla sold 7,517 cars in Europe in January 2025 - down over 50% on the same time last year, according to the European Automobile Manufacturers' Association. EV sales are strong in China, but Tesla sales there are falling. MAGA's policies - from Trump's desire to purchase Greenland to Musk's support for Germany's hard-right Alternative fur Deutschland party - have not endeared him to Europeans. The U.S.-led trade war has not helped either. \n\n\n     It's no wonder your friend is sensitive. Wells Fargo $(WFC)$ analyst Colin Langan, in an analyst note on Friday, described Tesl'a sales decline as \"shocking.\" Your friend holds a stock that has 1) become highly politicized and 2) his holding has been suffering of late as a result. Some 85% of clients of Morgan Stanley auto analyst Adam Jonas, in a 245-person survey this week, said they believe Musk's political activities are hurting Tesla. They agreed with the statement that his political activism had either a \"negative\" or \"extremely negative\" effect on the business. \n\n\n     President Trump paraded a group of Teslas on the South Lawn of the White House. That may end up being a black eye for Elon Musk. \n\n\n     In California, the largest market for Tesla in the U.S., sales have also fallen. \"Tesla's dominance in the electric-vehicle market continues to falter as the brand reported its fifth consecutive quarterly registration decline,\" according to the California New Car Dealers Association. Tesla's registrations fell 7.8% in the fourth quarter of 2024, bringing the total decline in 2024 to 11.6%. \n\n\n     Several analysts have said the Tesla slide is not nearly over yet. J.P. Morgan auto analyst Ryan Brinkman slashed his forecast for first-quarter deliveries by 20%, to 355,000 from 444,000, and cut his price target to $120 from $135. \"We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,\" Brinkman wrote. \n\n\n     Tesla is still considered among the \"Magnificent Seven\" of tech stocks, which also include Alphabet $(GOOGL)$ , Amazon $(AMZN)$, Apple $(AAPL)$, Meta $(META)$, Microsoft $(MSFT)$ and Nvidia $(NVDA)$.  But some observers, including Barron's columnist Al Root, believe Tesla does not belong in that group. \"Tesla's market value is no longer in the top seven among S&P 500 SPX,\" Root writes. The other six are \"profit machines,\" he adds, while Tesla trades for 85 times earnings, down from 200 times three months ago. \n\n\n     Related: 'Is it finally time to freak out?' I'm in my 50s and worried about the $650K in my 401(k). \n\n\n     Finance and friendship \n\n\n     There's another uncomfortable reality that your friend may not be ready to face: Musk, who is also the CEO and founder of SpaceX and purchased Twitter for $44 billion in 2022 - rebranding it as X - has something of a fanatical following or, put another way, investors who believe in his dreams. And yet he is, many analysts argue, also the main cause of the current turmoil for the stock. For his fans, that's a hard pill to swallow. Your friend, given his exposure to Tesla, may be one of those fans. \n\n\n     Finance and friendship don't always make good bedfellows. I'm reminded of this couple whose neighbors introduced them to a financial adviser. The letter writers took the adviser's advice, invested in the market and drove an old car - not a Tesla - while their neighbors lived the high life. They announced they were retiring early. Their neighbors couldn't reconcile this news with their own financial hubris, and they stopped speaking to them. \n\n\n     By giving your friend advice about his Tesla stock, which may have been already weighing heavily on his mind, he may have felt exposed - diversify, diversify, diversify are the first three rules of investing - and could also have felt judged. In 2025, the cars people drive and even the stocks they own have become politicized. Nihilism, the belief that nothing has meaning or purpose, exists on a sliding scale. As does tact. It's always better to ask: \"Could I give you some advice?\" \n\n\n     It may help soften the blow, but the blow may still end the friendship. \n\n\n     Related: 'It's been a scary ride': My family has $800K in stocks. We lost 2 years of market gains in a few weeks. Do we sell - or buy? \n\n\n     You can email The Moneyist with any financial and ethical questions at qfottrell@marketwatch.com, and follow Quentin Fottrell on X, the platform formerly known as Twitter. \n\n\n     More columns from Quentin Fottrell: \n\n\n     'I'm deeply disturbed': My portfolio lost 20%. With Trump's trade war, do I sell my stocks and buy gold? \n\n\n     America's job market is eerily similar to the 1990s dot-com bubble - and, yes, it's a worry \n\n\n     Egg prices represent the cracks in the facade of America's economic wellbeing \n\n\n     The Moneyist regrets he cannot respond to letters individually.Check out The Moneyist's private Facebook group, where members help answer life's thorniest money issues. Post your questions, or weigh in on the latest Moneyist columns. \n\n\n     By emailing your questions to The Moneyist or posting your dilemmas on The Moneyist Facebook group, you agree to have them published anonymously on MarketWatch. \n\n\n     By submitting your story to Dow Jones & Co., the publisher of MarketWatch, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. \n\n\n     -Quentin Fottrell \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 14, 2025 07:50 ET (11:50 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"2NVD.UK":0.6,"TSLA":1,"TSYW.SI":0.6,"NVDU":0.6,"NVD2.UK":0.6,"NVDS.UK":0.6,"SNVD.UK":0.6,"3NVD.UK":0.6,"MACW.SI":0.6,"NVDY":0.6,"NVDD":0.6,"NVIW.SI":0.6,"NVD3.UK":0.6,"USAW.SI":0.6,"NVDS":0.6,"TSLL":1}},"isVote":1,"tweetType":1,"viewCount":1941,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":413295922680120,"gmtCreate":1741935115683,"gmtModify":1741935119201,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"Sour grapes","listText":"Sour grapes","text":"Sour grapes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/413295922680120","repostId":"2519136849","repostType":2,"repost":{"id":"2519136849","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1741939200,"share":"https://ttm.financial/m/news/2519136849?lang=en_US&edition=fundamental","pubTime":"2025-03-14 16:00","market":"us","language":"en","title":"Tesla Is No Mag 7 Stock. It’s Built on a Dream","url":"https://stock-news.laohu8.com/highlight/detail?id=2519136849","media":"Dow Jones","summary":"Tesla doesn’t deserve to be in the Magnificent Seven—and that means investors need a different strategy to trade the ever-controversial electric-vehicle maker.The Mag Seven, of course, are Amazon.com,","content":"<html><head></head><body><p style=\"text-align: start;\">Tesla doesn’t deserve to be in the Magnificent Seven—and that means investors need a different strategy to trade the ever-controversial electric-vehicle maker. </p><p style=\"text-align: start;\">The Mag Seven, of course, are Amazon.com, Alphabet, Apple, Meta Platforms, Microsoft, Nvidia, and, yes, Tesla. But like that old<em>Sesame Street</em>bit goes, one of these things is not like the other. Tesla is the odd one out. </p><p>That conclusion has nothing to do with any animus toward CEO Elon Musk due to his ties to President Donald Trump or his actions with the Department of Government Efficiency. It isn’t a nefarious plot to upend his wealth by crashing Tesla stock (as if we could). Musk will be fine. His Tesla stake was still worth some $160 billion even after shares dropped more than 50% from their all-time high, and he has another $200 billion in wealth represented by his non-Tesla assets. </p><p>We just follow the numbers—and the numbers suggest that Tesla just isn’t in the same class as the Magnificent Six. For starters, Tesla’s market value is no longer in the top seven among S&amp;P 500 stocks. With a market capitalization of about $740 billion, it’s now worth less than Berkshire Hathaway and Broadcom.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a7f3aef4b6b5b19188e7858a8f2fed71\" tg-width=\"871\" tg-height=\"670\"/></p><p>But the real difference is in the quality of Tesla’s business. The Mag Six are profit machines, with an average operating margin of 37%. Tesla’s margin was a meager 7% in 2024—not even stellar compared with other car companies, let alone the tech titans it gets grouped with. Tesla has a valuation problem, too. The Mag Six stocks trade for an average of 26 times earnings, while Tesla trades for 85 times, down from 200 times three months ago.</p><p>And while the Mag Six are known for their relative stability, Tesla’s volatility is another sign that it belongs somewhere else. Shares have traded between $139 and $489 over the past 12 months—a range of $350, which amounts to 145% of their recent price. The ratio is less than 50% for Big Tech. Wall Street’s price targets for Tesla reflect that price uncertainty. They range from $25 to $550, with the difference between the two more than double its recent price. The average for the Mag Six is 63%. </p><p style=\"text-align: start;\">Those numbers reflect a simple fact: Tesla is built on a dream. Its stock doesn’t rest on a sturdy foundation like Alphabet’s Google search, Apple’s iPhone, or Meta’s Instagram. The company doesn’t dominate a big business like Amazon does in retail or Nvidia in artificial-intelligence chips. To believe in Tesla is to believe that it will not only dominate the EV business, but is also on the cusp of unlocking trillions in value from AI-trained self-driving cars and humanoid robots. That makes it more like Palantir Technologies, AppLovin, or Moderna—richly valued, highly volatile stocks that also trade on hopes for the future rather than dominance in the present. </p><p>Unfortunately, Tesla’s dream is threatening to turn into a nightmare. Tesla sales have been slumping: In January, combined U.S., European, and Chinese sales dropped 20% year over year. People have been protesting its stores globally, boycotting sales, selling their used Teslas, and damaging charging stations. The resulting damage has caught the attention of Wall Street. “We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,” says J.P. Morgan analyst Ryan Brinkman. </p><p style=\"text-align: start;\">Tesla’s rise following Trump’s victory was based on little more than air, and now those gains have disappeared almost as quickly as they arrived. They were almost surely undeserved. A fair value for the stock, based on the car and energy businesses, is probably closer to $200 to $250 a share, or 40 or 50 times 2027 earnings, if for no other reason than Tesla is expected to boost profits at three times the rate of the S&amp;P 500, which trades at 17 times. Anything beyond that range is a bet on the Tesla dream; anything below, and the stock starts to look interesting. </p><p style=\"text-align: start;\">Where it goes next may be entirely up to Musk. He is the source of almost all the volatility, but also the source of the gains. Just showing up at Tesla and demonstrating a little balance in his life could be enough to slake investor concerns, says Wedbush’s Dan Ives. After that, Musk needs to deliver on his promises of a new lower-price model and a robo-taxi service, both slated for later this year. </p><p style=\"text-align: start;\">Elon, it’s back to you. </p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Is No Mag 7 Stock. It’s Built on a Dream</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Is No Mag 7 Stock. It’s Built on a Dream\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-14 16:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Tesla doesn’t deserve to be in the Magnificent Seven—and that means investors need a different strategy to trade the ever-controversial electric-vehicle maker. </p><p style=\"text-align: start;\">The Mag Seven, of course, are Amazon.com, Alphabet, Apple, Meta Platforms, Microsoft, Nvidia, and, yes, Tesla. But like that old<em>Sesame Street</em>bit goes, one of these things is not like the other. Tesla is the odd one out. </p><p>That conclusion has nothing to do with any animus toward CEO Elon Musk due to his ties to President Donald Trump or his actions with the Department of Government Efficiency. It isn’t a nefarious plot to upend his wealth by crashing Tesla stock (as if we could). Musk will be fine. His Tesla stake was still worth some $160 billion even after shares dropped more than 50% from their all-time high, and he has another $200 billion in wealth represented by his non-Tesla assets. </p><p>We just follow the numbers—and the numbers suggest that Tesla just isn’t in the same class as the Magnificent Six. For starters, Tesla’s market value is no longer in the top seven among S&amp;P 500 stocks. With a market capitalization of about $740 billion, it’s now worth less than Berkshire Hathaway and Broadcom.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a7f3aef4b6b5b19188e7858a8f2fed71\" tg-width=\"871\" tg-height=\"670\"/></p><p>But the real difference is in the quality of Tesla’s business. The Mag Six are profit machines, with an average operating margin of 37%. Tesla’s margin was a meager 7% in 2024—not even stellar compared with other car companies, let alone the tech titans it gets grouped with. Tesla has a valuation problem, too. The Mag Six stocks trade for an average of 26 times earnings, while Tesla trades for 85 times, down from 200 times three months ago.</p><p>And while the Mag Six are known for their relative stability, Tesla’s volatility is another sign that it belongs somewhere else. Shares have traded between $139 and $489 over the past 12 months—a range of $350, which amounts to 145% of their recent price. The ratio is less than 50% for Big Tech. Wall Street’s price targets for Tesla reflect that price uncertainty. They range from $25 to $550, with the difference between the two more than double its recent price. The average for the Mag Six is 63%. </p><p style=\"text-align: start;\">Those numbers reflect a simple fact: Tesla is built on a dream. Its stock doesn’t rest on a sturdy foundation like Alphabet’s Google search, Apple’s iPhone, or Meta’s Instagram. The company doesn’t dominate a big business like Amazon does in retail or Nvidia in artificial-intelligence chips. To believe in Tesla is to believe that it will not only dominate the EV business, but is also on the cusp of unlocking trillions in value from AI-trained self-driving cars and humanoid robots. That makes it more like Palantir Technologies, AppLovin, or Moderna—richly valued, highly volatile stocks that also trade on hopes for the future rather than dominance in the present. </p><p>Unfortunately, Tesla’s dream is threatening to turn into a nightmare. Tesla sales have been slumping: In January, combined U.S., European, and Chinese sales dropped 20% year over year. People have been protesting its stores globally, boycotting sales, selling their used Teslas, and damaging charging stations. The resulting damage has caught the attention of Wall Street. “We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,” says J.P. Morgan analyst Ryan Brinkman. </p><p style=\"text-align: start;\">Tesla’s rise following Trump’s victory was based on little more than air, and now those gains have disappeared almost as quickly as they arrived. They were almost surely undeserved. A fair value for the stock, based on the car and energy businesses, is probably closer to $200 to $250 a share, or 40 or 50 times 2027 earnings, if for no other reason than Tesla is expected to boost profits at three times the rate of the S&amp;P 500, which trades at 17 times. Anything beyond that range is a bet on the Tesla dream; anything below, and the stock starts to look interesting. </p><p style=\"text-align: start;\">Where it goes next may be entirely up to Musk. He is the source of almost all the volatility, but also the source of the gains. Just showing up at Tesla and demonstrating a little balance in his life could be enough to slake investor concerns, says Wedbush’s Dan Ives. After that, Musk needs to deliver on his promises of a new lower-price model and a robo-taxi service, both slated for later this year. </p><p style=\"text-align: start;\">Elon, it’s back to you. </p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0426417589.USD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4511":"特斯拉概念","BK4567":"ESG概念","LU1670711040.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) ACC","LU2168564065.EUR":"AZ ALLOCATION - TREND \"AAZ\" (EUR) ACC","BK4503":"景林资产持仓","TSLA":"特斯拉","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","LU0823434583.USD":"BNP PARIBAS US GROWTH \"C\" (USD) ACC","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","BK4507":"流媒体概念","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU1917777945.USD":"安联专题基金Cl AT Acc","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","LU2413666426.HKD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (HKD) ACC","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU2452424414.USD":"BGF ESG MULTI-ASSET \"A10\" (USDHDG) INC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2519136849","content_text":"Tesla doesn’t deserve to be in the Magnificent Seven—and that means investors need a different strategy to trade the ever-controversial electric-vehicle maker. The Mag Seven, of course, are Amazon.com, Alphabet, Apple, Meta Platforms, Microsoft, Nvidia, and, yes, Tesla. But like that oldSesame Streetbit goes, one of these things is not like the other. Tesla is the odd one out. That conclusion has nothing to do with any animus toward CEO Elon Musk due to his ties to President Donald Trump or his actions with the Department of Government Efficiency. It isn’t a nefarious plot to upend his wealth by crashing Tesla stock (as if we could). Musk will be fine. His Tesla stake was still worth some $160 billion even after shares dropped more than 50% from their all-time high, and he has another $200 billion in wealth represented by his non-Tesla assets. We just follow the numbers—and the numbers suggest that Tesla just isn’t in the same class as the Magnificent Six. For starters, Tesla’s market value is no longer in the top seven among S&P 500 stocks. With a market capitalization of about $740 billion, it’s now worth less than Berkshire Hathaway and Broadcom.But the real difference is in the quality of Tesla’s business. The Mag Six are profit machines, with an average operating margin of 37%. Tesla’s margin was a meager 7% in 2024—not even stellar compared with other car companies, let alone the tech titans it gets grouped with. Tesla has a valuation problem, too. The Mag Six stocks trade for an average of 26 times earnings, while Tesla trades for 85 times, down from 200 times three months ago.And while the Mag Six are known for their relative stability, Tesla’s volatility is another sign that it belongs somewhere else. Shares have traded between $139 and $489 over the past 12 months—a range of $350, which amounts to 145% of their recent price. The ratio is less than 50% for Big Tech. Wall Street’s price targets for Tesla reflect that price uncertainty. They range from $25 to $550, with the difference between the two more than double its recent price. The average for the Mag Six is 63%. Those numbers reflect a simple fact: Tesla is built on a dream. Its stock doesn’t rest on a sturdy foundation like Alphabet’s Google search, Apple’s iPhone, or Meta’s Instagram. The company doesn’t dominate a big business like Amazon does in retail or Nvidia in artificial-intelligence chips. To believe in Tesla is to believe that it will not only dominate the EV business, but is also on the cusp of unlocking trillions in value from AI-trained self-driving cars and humanoid robots. That makes it more like Palantir Technologies, AppLovin, or Moderna—richly valued, highly volatile stocks that also trade on hopes for the future rather than dominance in the present. Unfortunately, Tesla’s dream is threatening to turn into a nightmare. Tesla sales have been slumping: In January, combined U.S., European, and Chinese sales dropped 20% year over year. People have been protesting its stores globally, boycotting sales, selling their used Teslas, and damaging charging stations. The resulting damage has caught the attention of Wall Street. “We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,” says J.P. Morgan analyst Ryan Brinkman. Tesla’s rise following Trump’s victory was based on little more than air, and now those gains have disappeared almost as quickly as they arrived. They were almost surely undeserved. A fair value for the stock, based on the car and energy businesses, is probably closer to $200 to $250 a share, or 40 or 50 times 2027 earnings, if for no other reason than Tesla is expected to boost profits at three times the rate of the S&P 500, which trades at 17 times. Anything beyond that range is a bet on the Tesla dream; anything below, and the stock starts to look interesting. Where it goes next may be entirely up to Musk. He is the source of almost all the volatility, but also the source of the gains. Just showing up at Tesla and demonstrating a little balance in his life could be enough to slake investor concerns, says Wedbush’s Dan Ives. After that, Musk needs to deliver on his promises of a new lower-price model and a robo-taxi service, both slated for later this year. Elon, it’s back to you.","news_type":1,"symbols_score_info":{"TSLA":1.1}},"isVote":1,"tweetType":1,"viewCount":2011,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":413077009903912,"gmtCreate":1741881654059,"gmtModify":1741881987117,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"Sour grapes stirring shit","listText":"Sour grapes stirring shit","text":"Sour grapes stirring shit","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/413077009903912","repostId":"2519561288","repostType":2,"repost":{"id":"2519561288","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1741880580,"share":"https://ttm.financial/m/news/2519561288?lang=en_US&edition=fundamental","pubTime":"2025-03-13 23:43","market":"sh","language":"en","title":"Trump just bought a Tesla, but many other owners are selling their Musk-made EVs. What's going on?","url":"https://stock-news.laohu8.com/highlight/detail?id=2519561288","media":"Dow Jones","summary":"There are nearly 14,000 used Teslas for sale nationwide this week, in a market complicated by politics. Lindy Lowe had one of the rarest perks in the electric-vehicle world: free charging for life.Her gray Tesla Model X, bought in 2019, came with that \"wonderful\" charging deal and a seven-year warranty, she said. Never an Elon Musk fan, Lowe just enjoyed driving her Tesla around the San Francisco Bay Area and beyond. She mostly didn't associate her car with Tesla Inc.'s  chief executive.After the November elections, Lowe said, her husband was ready to sell the car but she held back, in part because of the free charging. Then she saw Musk's post on X, the social-media platform he owns, in early February implying that federal employees don't work hard enough.If some of those Trump supporters are looking for a used Tesla, there will be plenty to choose from. Autotrader.com showed nearly 14,000 used Teslas for sale nationwide this week, a big increase from just a few months ago.The percent","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Trump just bought a Tesla, but many other owners are selling their Musk-made EVs. What's going on?\n</p>\n<p>\n  By Claudia Assis and Weston Blasi \n</p>\n<p>\n     There are nearly 14,000 used Teslas for sale nationwide this week, in a market complicated by politics \n</p>\n<p>\n     Lindy Lowe had one of the rarest perks in the electric-vehicle world: free charging for life. \n</p>\n<p>\n     Her gray Tesla Model X, bought in 2019, came with that \"wonderful\" charging deal and a seven-year warranty, she said. Never an Elon Musk fan, Lowe just enjoyed driving her Tesla around the San Francisco Bay Area and beyond. She mostly didn't associate her car with Tesla Inc.'s <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> chief executive. \n</p>\n<p>\n     After the November elections, Lowe said, her husband was ready to sell the car but she held back, in part because of the free charging. Then she saw Musk's post on X, the social-media platform he owns, in early February implying that federal employees don't work hard enough. \n</p>\n<p>\n     To Lowe, it seemed outrageous and mean-spirited. Driving her Tesla felt like lending \"some kind of tacit support\" to Musk's point of view and his activities leading the so-called Department of Government Efficiency. Soon after, Lowe traded in her Tesla for a Volvo XC90 plug-in hybrid. She has no regrets, she said. \n</p>\n<p>\n     There are many reasons to sell or trade in a car. It is a personal decision, perhaps even more than the decision to buy a car, which can come with some degree of urgency. \n</p>\n<p>\n     With Teslas, however, there is now an undercurrent of politics that is leading some owners to think about selling. Meanwhile, President Donald Trump on Tuesday made good on a promise to buy a Tesla as he showcased a group of them on the South Lawn of the White House. On X, supporters of Trump posted their intention to back Tesla, suggesting that the EV maker could pick up some new buyers. \n</p>\n<p>\n     If some of those Trump supporters are looking for a used Tesla, there will be plenty to choose from. Autotrader.com showed nearly 14,000 used Teslas for sale nationwide this week, a big increase from just a few months ago. \n</p>\n<p>\n     Mark Schirmer, director of industry insights at Cox Automotive, which owns Autotrader, said that late last year there were some 11,300 used Tesla listings a month. One year earlier, there were about 8,800 used Teslas listed per month. \n</p>\n<p>\n     The increasing number of used Teslas on the market is at least in part related to the number of new Tesla vehicles that have been sold in recent years. \n</p>\n<p>\n     In the U.S., Tesla sales peaked in the third quarter of 2023, when the EV maker sold 166,000 cars, according to Edmunds. (Tesla reports its sales in the aggregate, breaking them down by model only.) That sales spike took place during a steady postpandemic climb and at the start of Tesla's ongoing push for more leases. Some of the Teslas coming off the most popular three-year lease term are hitting the used-car market now. \n</p>\n<p>\n     The percentage of used Teslas on the market is relatively small compared with other car makers, Schirmer said. \"For the size of Tesla - their share of the new market - the volume is growing, but is actually quite low,\" he said. Mazda, a smaller carmaker, has more used-car listings despite its smaller new-car footprint, he said.  \"All we can say for certain,\" he added, is that \"the volume of listings is indeed increasing.\" \n</p>\n<p>\n     'The hate is real' \n</p>\n<p>\n     Musk's involvement with DOGE and other aspects of the political sphere, including voicing support for the far right in Europe, has been followed by protests at Tesla facilities, vandalization of Tesla electric vehicles and altercations between protesters and Tesla owners. \n</p>\n<p>\n     But not all Tesla owners who may feel uncomfortable being associated with Musk are selling their EVs. Some are taking less drastic action, like putting bumper stickers on their cars that signal their discontent with Musk's politics. \n</p>\n<p>\n     \"The interest in the stickers has been extremely high,\" said Matthew Hiller, who sells Musk-centric stickers on Etsy and has seen demand rise to 500 stickers a day, which sell for $6 to $10. \"I'm getting orders from all over the world, every day. It's not just America who's fed up with Elon.\" \n</p>\n<p>\n     In Washington state, one Tesla Cybertruck owner has taken things a step further, putting the badge of rival electric-vehicle maker Rivian <a href=\"https://laohu8.com/S/RIVN\">$(RIVN)$</a> on his electric truck. \n</p>\n<p>\n     The owner, a 47-year-old self-employed man, requested anonymity because he said he lives in a small town and has faced vitriol toward his truck since the presidential election. \n</p>\n<p>\n     \"The hate is real right now,\" he said. \"I expected people to be, 'Gosh, that's an ugly truck,' but I didn't expect people to be like, 'I hate you because of your Cybertruck.'\" \n</p>\n<p>\n     So he bought Rivian badges off Amazon.com and put them on magnets so he could take them on and off. They have been on more than off, he said. He knew most people wouldn't be fooled and mistake a Cybertruck for a Rivian, but some people were getting \"aggressive,\" he said, \"and I just needed some sort of sign that I don't really align with what's going on.\" \n</p>\n<p>\n     A rough market for used EVs in general \n</p>\n<p>\n     The issues around used Teslas come amid an overall decline in the prices for used EVs. The price for all used EVs fell 15.1% over the past year, compared with a drop of less than 1% for hybrids and gas-powered cars over the same period, according to a recent iSeeCars study. \n</p>\n<p>\n     \"Too many factors are pushing against EVs right now,\" iSeeCars analyst Karl Brauer said. \"Prices remain higher than the equivalent gasoline car, even with government incentives, which are almost assuredly going away.\" \n</p>\n<p>\n     People are also less confident about spending today than they were six months ago. \"Anytime you are not as confident and [interest] rates are higher, if you're going to make a big purchase, the more expensive it is, it's going to be difficult,\" Brauer said. \n</p>\n<p>\n     Shares of Tesla jumped 91% from Election Day to a Dec. 17 record close of $479.86, but the stock has since lost that \"Trump bump,\" dropping 51% from that high, as investors worry about Musk's involvement with DOGE, his support of far-right causes in Europe - where sales of new Teslas have fallen - the lack of near-term catalysts for the stock, and increased competition in EVs. \n</p>\n<p>\n     Sales of new Teslas in China also have fallen, and on Wednesday Automotive News reported that U.S. registrations for new Teslas fell 11% in January, citing S&amp;P Global Mobility data. \n</p>\n<p>\n     Tesla is slated to report first-quarter new-car sales in early April, with the FactSet consensus expecting 430,000 EVs sold, up from 387,000 in the first quarter of 2024. Several investment banks have dialed down their expectations for first-quarter Tesla sales in recent weeks. \n</p>\n<p>\n     Don't miss: Trump's tariffs worry companies. Here's what they're saying about the uncertainty. \n</p>\n<p>\n     -Claudia Assis -Weston Blasi \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 13, 2025 11:43 ET (15:43 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump just bought a Tesla, but many other owners are selling their Musk-made EVs. What's going on?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump just bought a Tesla, but many other owners are selling their Musk-made EVs. What's going on?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-13 23:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Trump just bought a Tesla, but many other owners are selling their Musk-made EVs. What's going on?\n</p>\n<p>\n  By Claudia Assis and Weston Blasi \n</p>\n<p>\n     There are nearly 14,000 used Teslas for sale nationwide this week, in a market complicated by politics \n</p>\n<p>\n     Lindy Lowe had one of the rarest perks in the electric-vehicle world: free charging for life. \n</p>\n<p>\n     Her gray Tesla Model X, bought in 2019, came with that \"wonderful\" charging deal and a seven-year warranty, she said. Never an Elon Musk fan, Lowe just enjoyed driving her Tesla around the San Francisco Bay Area and beyond. She mostly didn't associate her car with Tesla Inc.'s <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> chief executive. \n</p>\n<p>\n     After the November elections, Lowe said, her husband was ready to sell the car but she held back, in part because of the free charging. Then she saw Musk's post on X, the social-media platform he owns, in early February implying that federal employees don't work hard enough. \n</p>\n<p>\n     To Lowe, it seemed outrageous and mean-spirited. Driving her Tesla felt like lending \"some kind of tacit support\" to Musk's point of view and his activities leading the so-called Department of Government Efficiency. Soon after, Lowe traded in her Tesla for a Volvo XC90 plug-in hybrid. She has no regrets, she said. \n</p>\n<p>\n     There are many reasons to sell or trade in a car. It is a personal decision, perhaps even more than the decision to buy a car, which can come with some degree of urgency. \n</p>\n<p>\n     With Teslas, however, there is now an undercurrent of politics that is leading some owners to think about selling. Meanwhile, President Donald Trump on Tuesday made good on a promise to buy a Tesla as he showcased a group of them on the South Lawn of the White House. On X, supporters of Trump posted their intention to back Tesla, suggesting that the EV maker could pick up some new buyers. \n</p>\n<p>\n     If some of those Trump supporters are looking for a used Tesla, there will be plenty to choose from. Autotrader.com showed nearly 14,000 used Teslas for sale nationwide this week, a big increase from just a few months ago. \n</p>\n<p>\n     Mark Schirmer, director of industry insights at Cox Automotive, which owns Autotrader, said that late last year there were some 11,300 used Tesla listings a month. One year earlier, there were about 8,800 used Teslas listed per month. \n</p>\n<p>\n     The increasing number of used Teslas on the market is at least in part related to the number of new Tesla vehicles that have been sold in recent years. \n</p>\n<p>\n     In the U.S., Tesla sales peaked in the third quarter of 2023, when the EV maker sold 166,000 cars, according to Edmunds. (Tesla reports its sales in the aggregate, breaking them down by model only.) That sales spike took place during a steady postpandemic climb and at the start of Tesla's ongoing push for more leases. Some of the Teslas coming off the most popular three-year lease term are hitting the used-car market now. \n</p>\n<p>\n     The percentage of used Teslas on the market is relatively small compared with other car makers, Schirmer said. \"For the size of Tesla - their share of the new market - the volume is growing, but is actually quite low,\" he said. Mazda, a smaller carmaker, has more used-car listings despite its smaller new-car footprint, he said.  \"All we can say for certain,\" he added, is that \"the volume of listings is indeed increasing.\" \n</p>\n<p>\n     'The hate is real' \n</p>\n<p>\n     Musk's involvement with DOGE and other aspects of the political sphere, including voicing support for the far right in Europe, has been followed by protests at Tesla facilities, vandalization of Tesla electric vehicles and altercations between protesters and Tesla owners. \n</p>\n<p>\n     But not all Tesla owners who may feel uncomfortable being associated with Musk are selling their EVs. Some are taking less drastic action, like putting bumper stickers on their cars that signal their discontent with Musk's politics. \n</p>\n<p>\n     \"The interest in the stickers has been extremely high,\" said Matthew Hiller, who sells Musk-centric stickers on Etsy and has seen demand rise to 500 stickers a day, which sell for $6 to $10. \"I'm getting orders from all over the world, every day. It's not just America who's fed up with Elon.\" \n</p>\n<p>\n     In Washington state, one Tesla Cybertruck owner has taken things a step further, putting the badge of rival electric-vehicle maker Rivian <a href=\"https://laohu8.com/S/RIVN\">$(RIVN)$</a> on his electric truck. \n</p>\n<p>\n     The owner, a 47-year-old self-employed man, requested anonymity because he said he lives in a small town and has faced vitriol toward his truck since the presidential election. \n</p>\n<p>\n     \"The hate is real right now,\" he said. \"I expected people to be, 'Gosh, that's an ugly truck,' but I didn't expect people to be like, 'I hate you because of your Cybertruck.'\" \n</p>\n<p>\n     So he bought Rivian badges off Amazon.com and put them on magnets so he could take them on and off. They have been on more than off, he said. He knew most people wouldn't be fooled and mistake a Cybertruck for a Rivian, but some people were getting \"aggressive,\" he said, \"and I just needed some sort of sign that I don't really align with what's going on.\" \n</p>\n<p>\n     A rough market for used EVs in general \n</p>\n<p>\n     The issues around used Teslas come amid an overall decline in the prices for used EVs. The price for all used EVs fell 15.1% over the past year, compared with a drop of less than 1% for hybrids and gas-powered cars over the same period, according to a recent iSeeCars study. \n</p>\n<p>\n     \"Too many factors are pushing against EVs right now,\" iSeeCars analyst Karl Brauer said. \"Prices remain higher than the equivalent gasoline car, even with government incentives, which are almost assuredly going away.\" \n</p>\n<p>\n     People are also less confident about spending today than they were six months ago. \"Anytime you are not as confident and [interest] rates are higher, if you're going to make a big purchase, the more expensive it is, it's going to be difficult,\" Brauer said. \n</p>\n<p>\n     Shares of Tesla jumped 91% from Election Day to a Dec. 17 record close of $479.86, but the stock has since lost that \"Trump bump,\" dropping 51% from that high, as investors worry about Musk's involvement with DOGE, his support of far-right causes in Europe - where sales of new Teslas have fallen - the lack of near-term catalysts for the stock, and increased competition in EVs. \n</p>\n<p>\n     Sales of new Teslas in China also have fallen, and on Wednesday Automotive News reported that U.S. registrations for new Teslas fell 11% in January, citing S&amp;P Global Mobility data. \n</p>\n<p>\n     Tesla is slated to report first-quarter new-car sales in early April, with the FactSet consensus expecting 430,000 EVs sold, up from 387,000 in the first quarter of 2024. Several investment banks have dialed down their expectations for first-quarter Tesla sales in recent weeks. \n</p>\n<p>\n     Don't miss: Trump's tariffs worry companies. Here's what they're saying about the uncertainty. \n</p>\n<p>\n     -Claudia Assis -Weston Blasi \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 13, 2025 11:43 ET (15:43 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","TSYW.SI":"TESLA 3xLongSG261006","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4543":"AI","BK4527":"明星科技股","BK4548":"巴美列捷福持仓","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4511":"特斯拉概念","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU0823411888.USD":"法巴消费创新基金 Cap","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4585":"ETF&股票定投概念","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","BK4516":"特朗普概念","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","BK4612":"AI芯片","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","TSLA":"特斯拉","TSLL":"2倍做多TSLA ETF-Direxion","LU2063271972.USD":"富兰克林创新领域基金","LU1861558580.USD":"日兴方舟颠覆性创新基金B","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4550":"红杉资本持仓","BK4588":"碎股","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2519561288","content_text":"MW Trump just bought a Tesla, but many other owners are selling their Musk-made EVs. What's going on?\n\n\n  By Claudia Assis and Weston Blasi \n\n\n     There are nearly 14,000 used Teslas for sale nationwide this week, in a market complicated by politics \n\n\n     Lindy Lowe had one of the rarest perks in the electric-vehicle world: free charging for life. \n\n\n     Her gray Tesla Model X, bought in 2019, came with that \"wonderful\" charging deal and a seven-year warranty, she said. Never an Elon Musk fan, Lowe just enjoyed driving her Tesla around the San Francisco Bay Area and beyond. She mostly didn't associate her car with Tesla Inc.'s $(TSLA)$ chief executive. \n\n\n     After the November elections, Lowe said, her husband was ready to sell the car but she held back, in part because of the free charging. Then she saw Musk's post on X, the social-media platform he owns, in early February implying that federal employees don't work hard enough. \n\n\n     To Lowe, it seemed outrageous and mean-spirited. Driving her Tesla felt like lending \"some kind of tacit support\" to Musk's point of view and his activities leading the so-called Department of Government Efficiency. Soon after, Lowe traded in her Tesla for a Volvo XC90 plug-in hybrid. She has no regrets, she said. \n\n\n     There are many reasons to sell or trade in a car. It is a personal decision, perhaps even more than the decision to buy a car, which can come with some degree of urgency. \n\n\n     With Teslas, however, there is now an undercurrent of politics that is leading some owners to think about selling. Meanwhile, President Donald Trump on Tuesday made good on a promise to buy a Tesla as he showcased a group of them on the South Lawn of the White House. On X, supporters of Trump posted their intention to back Tesla, suggesting that the EV maker could pick up some new buyers. \n\n\n     If some of those Trump supporters are looking for a used Tesla, there will be plenty to choose from. Autotrader.com showed nearly 14,000 used Teslas for sale nationwide this week, a big increase from just a few months ago. \n\n\n     Mark Schirmer, director of industry insights at Cox Automotive, which owns Autotrader, said that late last year there were some 11,300 used Tesla listings a month. One year earlier, there were about 8,800 used Teslas listed per month. \n\n\n     The increasing number of used Teslas on the market is at least in part related to the number of new Tesla vehicles that have been sold in recent years. \n\n\n     In the U.S., Tesla sales peaked in the third quarter of 2023, when the EV maker sold 166,000 cars, according to Edmunds. (Tesla reports its sales in the aggregate, breaking them down by model only.) That sales spike took place during a steady postpandemic climb and at the start of Tesla's ongoing push for more leases. Some of the Teslas coming off the most popular three-year lease term are hitting the used-car market now. \n\n\n     The percentage of used Teslas on the market is relatively small compared with other car makers, Schirmer said. \"For the size of Tesla - their share of the new market - the volume is growing, but is actually quite low,\" he said. Mazda, a smaller carmaker, has more used-car listings despite its smaller new-car footprint, he said.  \"All we can say for certain,\" he added, is that \"the volume of listings is indeed increasing.\" \n\n\n     'The hate is real' \n\n\n     Musk's involvement with DOGE and other aspects of the political sphere, including voicing support for the far right in Europe, has been followed by protests at Tesla facilities, vandalization of Tesla electric vehicles and altercations between protesters and Tesla owners. \n\n\n     But not all Tesla owners who may feel uncomfortable being associated with Musk are selling their EVs. Some are taking less drastic action, like putting bumper stickers on their cars that signal their discontent with Musk's politics. \n\n\n     \"The interest in the stickers has been extremely high,\" said Matthew Hiller, who sells Musk-centric stickers on Etsy and has seen demand rise to 500 stickers a day, which sell for $6 to $10. \"I'm getting orders from all over the world, every day. It's not just America who's fed up with Elon.\" \n\n\n     In Washington state, one Tesla Cybertruck owner has taken things a step further, putting the badge of rival electric-vehicle maker Rivian $(RIVN)$ on his electric truck. \n\n\n     The owner, a 47-year-old self-employed man, requested anonymity because he said he lives in a small town and has faced vitriol toward his truck since the presidential election. \n\n\n     \"The hate is real right now,\" he said. \"I expected people to be, 'Gosh, that's an ugly truck,' but I didn't expect people to be like, 'I hate you because of your Cybertruck.'\" \n\n\n     So he bought Rivian badges off Amazon.com and put them on magnets so he could take them on and off. They have been on more than off, he said. He knew most people wouldn't be fooled and mistake a Cybertruck for a Rivian, but some people were getting \"aggressive,\" he said, \"and I just needed some sort of sign that I don't really align with what's going on.\" \n\n\n     A rough market for used EVs in general \n\n\n     The issues around used Teslas come amid an overall decline in the prices for used EVs. The price for all used EVs fell 15.1% over the past year, compared with a drop of less than 1% for hybrids and gas-powered cars over the same period, according to a recent iSeeCars study. \n\n\n     \"Too many factors are pushing against EVs right now,\" iSeeCars analyst Karl Brauer said. \"Prices remain higher than the equivalent gasoline car, even with government incentives, which are almost assuredly going away.\" \n\n\n     People are also less confident about spending today than they were six months ago. \"Anytime you are not as confident and [interest] rates are higher, if you're going to make a big purchase, the more expensive it is, it's going to be difficult,\" Brauer said. \n\n\n     Shares of Tesla jumped 91% from Election Day to a Dec. 17 record close of $479.86, but the stock has since lost that \"Trump bump,\" dropping 51% from that high, as investors worry about Musk's involvement with DOGE, his support of far-right causes in Europe - where sales of new Teslas have fallen - the lack of near-term catalysts for the stock, and increased competition in EVs. \n\n\n     Sales of new Teslas in China also have fallen, and on Wednesday Automotive News reported that U.S. registrations for new Teslas fell 11% in January, citing S&P Global Mobility data. \n\n\n     Tesla is slated to report first-quarter new-car sales in early April, with the FactSet consensus expecting 430,000 EVs sold, up from 387,000 in the first quarter of 2024. Several investment banks have dialed down their expectations for first-quarter Tesla sales in recent weeks. \n\n\n     Don't miss: Trump's tariffs worry companies. Here's what they're saying about the uncertainty. \n\n\n     -Claudia Assis -Weston Blasi \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 13, 2025 11:43 ET (15:43 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"TSYW.SI":0.6,"RIVN":1,"TSLL":1,"TSLA":1}},"isVote":1,"tweetType":1,"viewCount":1558,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":413027800891552,"gmtCreate":1741869719307,"gmtModify":1741870808892,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"So what has this got to do with Tesla???? Try harder to stir shit here","listText":"So what has this got to do with Tesla???? Try harder to stir shit here","text":"So what has this got to do with Tesla???? Try harder to stir shit here","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/413027800891552","repostId":"2519836789","repostType":2,"repost":{"id":"2519836789","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1741869180,"share":"https://ttm.financial/m/news/2519836789?lang=en_US&edition=fundamental","pubTime":"2025-03-13 20:33","market":"fut","language":"en","title":"New report casts significant doubt on Musk and Trump's government-fraud claims","url":"https://stock-news.laohu8.com/highlight/detail?id=2519836789","media":"Dow Jones","summary":"Yet another setback for Elon Musk's claim of a $1 trillion 'DOGE dividend'. Less than a day after Elon Musk promised to find $1 trillion in free money by cutting \"fraud and waste\" from the federal government - an amount equal to about one federal dollar in seven - his claim has been undercut by yet another government report.Total federal \"improper payments\" last year came to $162 billion, according to figures released by the Government Accountability Office.And the Biden administration had already slashed that figure by a third, or $74 billion, from the year before, as pandemic-era programs were wound down, the GAO added.The further you look into the report, the worse news becomes for everyone who had already been planning out how to spend their share of the so-called DOGE dividend.For instance, the GAO's \"improper payments\" figure included $7.9 billion in underpayments, which is where the federal government failed to pay people what they were owed.But if that seems like an easy way to","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW New report casts significant doubt on Musk and Trump's government-fraud claims\n</p>\n<p>\n  By Brett Arends \n</p>\n<p>\n     Yet another setback for Elon Musk's claim of a $1 trillion 'DOGE dividend' \n</p>\n<p>\n     Less than a day after Elon Musk promised to find $1 trillion in free money by cutting \"fraud and waste\" from the federal government - an amount equal to about one federal dollar in seven - his claim has been undercut by yet another government report. \n</p>\n<p>\n     Total federal \"improper payments\" last year came to $162 billion, according to figures released by the Government Accountability Office. \n</p>\n<p>\n     And the Biden administration had already slashed that figure by a third, or $74 billion, from the year before, as pandemic-era programs were wound down, the GAO added. \n</p>\n<p>\n     The further you look into the report, the worse news becomes for everyone who had already been planning out how to spend their share of the so-called DOGE dividend. \n</p>\n<p>\n     For instance, the GAO's \"improper payments\" figure included $7.9 billion in underpayments, which is where the federal government failed to pay people what they were owed. \n</p>\n<p>\n     Deduct that figure from the total - and pay that money out, as intended - and the total savings Uncle Sam could have achieved last year by perfect accounting would have come to $146.2 billion, the GAO numbers show. \n</p>\n<p>\n     Oh, and even this includes $12.6 billion in so-called unknown payments, which the GAO says is where it is \"unclear whether a payment was an error or not.\" So these might not be overpayments at all, either. \n</p>\n<p>\n     But even if we assume all of this is actual fraud and waste, the total was 2% of federal spending, which came to $6.8 trillion last year. So that leaves Musk about $850 billion short of the $1 trillion savings he promised Fox Business host, and former Trump White House economist, Larry Kudlow on Monday night. \n</p>\n<p>\n     For the purposes of illustration, $850 billion is roughly the size of the entire defense department. \n</p>\n<p>\n     Opinion: Elon Musk says federal fraud is bigger than the entire defense budget. Could that actually be true? \n</p>\n<p>\n     On the positive front, the GAO said its improper-payments report did not include any waste, fraud or abuse in the Temporary Assistance for Needy Families program, the Small Business Administration's Shuttered Venue Operators Grants program, or the Department of Housing and Urban Development's Office of Public and Indian Housing's Tenant-Based Rental Assistance. \n</p>\n<p>\n     It's lucky Musk is rocket scientist-adjacent. Maybe one of those people can make his math work. Quantum physics, maybe? \n</p>\n<p>\n     For all of us awaiting Musk's free-money bonanza and the \"DOGE dividend,\" the news gets even worse. \n</p>\n<p>\n     A third of all this excess spending, $54.3 billion, was accounted for by waste, fraud and improperly coded payments in Medicare. \n</p>\n<p>\n     But if that seems like an easy way to cut waste, think again. That figure represents just over 5% of the Medicare budget, which had gross outlays of $1.05 trillion last year. \n</p>\n<p>\n     In comparison, the U.S.'s magnificently efficient private-sector health-insurance companies spend about 12% of their revenues on administrative costs in order to minimize waste, fraud and the like. \n</p>\n<p>\n     So, using the private sector as a benchmark, in order to slash that $54 billion in apparent waste and fraud, we would first have to spend ... er ... $120 billion a year on administrative costs instead. \n</p>\n<p>\n     That would leave us $66 billion worse off, costing the average American household an extra $500 a year. \n</p>\n<p>\n     At this rate, the so-called Department of Government Efficiency's \"dividend\" will end up as a cash call. \n</p>\n<p>\n     The GAO report comes shortly after a government investigation raised new questions about the claim made by Musk and President Donald Trump that vast numbers of dead people are receiving Social Security benefits. The Social Security inspector general found that although there were 760,000 \"dead\" people on the Social Security rolls in Idaho, just 86 of them, or 0.011%, had been sent benefit payments after their deaths. \n</p>\n<p>\n     Total savings, by eliminating all 86 of these overpayments, would come to $611,000 a year. \n</p>\n<p>\n     Musk continues to assert that the federal government doesn't merely include inefficiencies, waste and even fraud but that the sums involved are enormous and egregious, amounting to the biggest scam in American history. \n</p>\n<p>\n     During the Kudlow interview, the Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> and SpaceX CEO and owner of the social-media platform X, claimed the GAO recently found \"half a trillion dollars\" in annual fraud in federal spending. Actually, the GAO estimated a wide range, from $233 billion to $521 billion, and said that upper part of the range was heavily influenced by the pandemic years. The latest GAO data, showing a plunge in improper payments as special pandemic-era programs wound down, raise further doubts about how big ongoing fraud might be. \n</p>\n<p>\n     Key Words: LinkedIn co-founder Reid Hoffman has known Elon Musk for years. Here's what he says Americans don't understand about the Tesla CEO. \n</p>\n<p>\n     It remains a mystery why no one else has noticed the enormous fraud that Musk alleges - not only among the GAO staff and all the inspectors-general across the federal government, but among potential whistleblowers, too. Those exposing $1 trillion in fraud in federal spending would be entitled to hundreds of billions of dollars in rewards. For some bizarre reason, no one seems to have wanted the money. \n</p>\n<p>\n     -Brett Arends \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 13, 2025 08:33 ET (12:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>New report casts significant doubt on Musk and Trump's government-fraud claims</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNew report casts significant doubt on Musk and Trump's government-fraud claims\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-13 20:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW New report casts significant doubt on Musk and Trump's government-fraud claims\n</p>\n<p>\n  By Brett Arends \n</p>\n<p>\n     Yet another setback for Elon Musk's claim of a $1 trillion 'DOGE dividend' \n</p>\n<p>\n     Less than a day after Elon Musk promised to find $1 trillion in free money by cutting \"fraud and waste\" from the federal government - an amount equal to about one federal dollar in seven - his claim has been undercut by yet another government report. \n</p>\n<p>\n     Total federal \"improper payments\" last year came to $162 billion, according to figures released by the Government Accountability Office. \n</p>\n<p>\n     And the Biden administration had already slashed that figure by a third, or $74 billion, from the year before, as pandemic-era programs were wound down, the GAO added. \n</p>\n<p>\n     The further you look into the report, the worse news becomes for everyone who had already been planning out how to spend their share of the so-called DOGE dividend. \n</p>\n<p>\n     For instance, the GAO's \"improper payments\" figure included $7.9 billion in underpayments, which is where the federal government failed to pay people what they were owed. \n</p>\n<p>\n     Deduct that figure from the total - and pay that money out, as intended - and the total savings Uncle Sam could have achieved last year by perfect accounting would have come to $146.2 billion, the GAO numbers show. \n</p>\n<p>\n     Oh, and even this includes $12.6 billion in so-called unknown payments, which the GAO says is where it is \"unclear whether a payment was an error or not.\" So these might not be overpayments at all, either. \n</p>\n<p>\n     But even if we assume all of this is actual fraud and waste, the total was 2% of federal spending, which came to $6.8 trillion last year. So that leaves Musk about $850 billion short of the $1 trillion savings he promised Fox Business host, and former Trump White House economist, Larry Kudlow on Monday night. \n</p>\n<p>\n     For the purposes of illustration, $850 billion is roughly the size of the entire defense department. \n</p>\n<p>\n     Opinion: Elon Musk says federal fraud is bigger than the entire defense budget. Could that actually be true? \n</p>\n<p>\n     On the positive front, the GAO said its improper-payments report did not include any waste, fraud or abuse in the Temporary Assistance for Needy Families program, the Small Business Administration's Shuttered Venue Operators Grants program, or the Department of Housing and Urban Development's Office of Public and Indian Housing's Tenant-Based Rental Assistance. \n</p>\n<p>\n     It's lucky Musk is rocket scientist-adjacent. Maybe one of those people can make his math work. Quantum physics, maybe? \n</p>\n<p>\n     For all of us awaiting Musk's free-money bonanza and the \"DOGE dividend,\" the news gets even worse. \n</p>\n<p>\n     A third of all this excess spending, $54.3 billion, was accounted for by waste, fraud and improperly coded payments in Medicare. \n</p>\n<p>\n     But if that seems like an easy way to cut waste, think again. That figure represents just over 5% of the Medicare budget, which had gross outlays of $1.05 trillion last year. \n</p>\n<p>\n     In comparison, the U.S.'s magnificently efficient private-sector health-insurance companies spend about 12% of their revenues on administrative costs in order to minimize waste, fraud and the like. \n</p>\n<p>\n     So, using the private sector as a benchmark, in order to slash that $54 billion in apparent waste and fraud, we would first have to spend ... er ... $120 billion a year on administrative costs instead. \n</p>\n<p>\n     That would leave us $66 billion worse off, costing the average American household an extra $500 a year. \n</p>\n<p>\n     At this rate, the so-called Department of Government Efficiency's \"dividend\" will end up as a cash call. \n</p>\n<p>\n     The GAO report comes shortly after a government investigation raised new questions about the claim made by Musk and President Donald Trump that vast numbers of dead people are receiving Social Security benefits. The Social Security inspector general found that although there were 760,000 \"dead\" people on the Social Security rolls in Idaho, just 86 of them, or 0.011%, had been sent benefit payments after their deaths. \n</p>\n<p>\n     Total savings, by eliminating all 86 of these overpayments, would come to $611,000 a year. \n</p>\n<p>\n     Musk continues to assert that the federal government doesn't merely include inefficiencies, waste and even fraud but that the sums involved are enormous and egregious, amounting to the biggest scam in American history. \n</p>\n<p>\n     During the Kudlow interview, the Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> and SpaceX CEO and owner of the social-media platform X, claimed the GAO recently found \"half a trillion dollars\" in annual fraud in federal spending. Actually, the GAO estimated a wide range, from $233 billion to $521 billion, and said that upper part of the range was heavily influenced by the pandemic years. The latest GAO data, showing a plunge in improper payments as special pandemic-era programs wound down, raise further doubts about how big ongoing fraud might be. \n</p>\n<p>\n     Key Words: LinkedIn co-founder Reid Hoffman has known Elon Musk for years. Here's what he says Americans don't understand about the Tesla CEO. \n</p>\n<p>\n     It remains a mystery why no one else has noticed the enormous fraud that Musk alleges - not only among the GAO staff and all the inspectors-general across the federal government, but among potential whistleblowers, too. Those exposing $1 trillion in fraud in federal spending would be entitled to hundreds of billions of dollars in rewards. For some bizarre reason, no one seems to have wanted the money. \n</p>\n<p>\n     -Brett Arends \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 13, 2025 08:33 ET (12:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","BK4598":"佩洛西持仓","BK4551":"寇图资本持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4581":"高盛持仓","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4527":"明星科技股","BK4511":"特斯拉概念","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0823411888.USD":"法巴消费创新基金 Cap","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","BK4585":"ETF&股票定投概念","TSLA":"特斯拉","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","SG9999015978.USD":"利安颠覆性创新基金A","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","BK4516":"特朗普概念","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0234572021.USD":"高盛美国核心股票组合Acc","TSYW.SI":"TESLA 3xLongSG261006","BK4612":"AI芯片","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","BK4588":"碎股","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2519836789","content_text":"MW New report casts significant doubt on Musk and Trump's government-fraud claims\n\n\n  By Brett Arends \n\n\n     Yet another setback for Elon Musk's claim of a $1 trillion 'DOGE dividend' \n\n\n     Less than a day after Elon Musk promised to find $1 trillion in free money by cutting \"fraud and waste\" from the federal government - an amount equal to about one federal dollar in seven - his claim has been undercut by yet another government report. \n\n\n     Total federal \"improper payments\" last year came to $162 billion, according to figures released by the Government Accountability Office. \n\n\n     And the Biden administration had already slashed that figure by a third, or $74 billion, from the year before, as pandemic-era programs were wound down, the GAO added. \n\n\n     The further you look into the report, the worse news becomes for everyone who had already been planning out how to spend their share of the so-called DOGE dividend. \n\n\n     For instance, the GAO's \"improper payments\" figure included $7.9 billion in underpayments, which is where the federal government failed to pay people what they were owed. \n\n\n     Deduct that figure from the total - and pay that money out, as intended - and the total savings Uncle Sam could have achieved last year by perfect accounting would have come to $146.2 billion, the GAO numbers show. \n\n\n     Oh, and even this includes $12.6 billion in so-called unknown payments, which the GAO says is where it is \"unclear whether a payment was an error or not.\" So these might not be overpayments at all, either. \n\n\n     But even if we assume all of this is actual fraud and waste, the total was 2% of federal spending, which came to $6.8 trillion last year. So that leaves Musk about $850 billion short of the $1 trillion savings he promised Fox Business host, and former Trump White House economist, Larry Kudlow on Monday night. \n\n\n     For the purposes of illustration, $850 billion is roughly the size of the entire defense department. \n\n\n     Opinion: Elon Musk says federal fraud is bigger than the entire defense budget. Could that actually be true? \n\n\n     On the positive front, the GAO said its improper-payments report did not include any waste, fraud or abuse in the Temporary Assistance for Needy Families program, the Small Business Administration's Shuttered Venue Operators Grants program, or the Department of Housing and Urban Development's Office of Public and Indian Housing's Tenant-Based Rental Assistance. \n\n\n     It's lucky Musk is rocket scientist-adjacent. Maybe one of those people can make his math work. Quantum physics, maybe? \n\n\n     For all of us awaiting Musk's free-money bonanza and the \"DOGE dividend,\" the news gets even worse. \n\n\n     A third of all this excess spending, $54.3 billion, was accounted for by waste, fraud and improperly coded payments in Medicare. \n\n\n     But if that seems like an easy way to cut waste, think again. That figure represents just over 5% of the Medicare budget, which had gross outlays of $1.05 trillion last year. \n\n\n     In comparison, the U.S.'s magnificently efficient private-sector health-insurance companies spend about 12% of their revenues on administrative costs in order to minimize waste, fraud and the like. \n\n\n     So, using the private sector as a benchmark, in order to slash that $54 billion in apparent waste and fraud, we would first have to spend ... er ... $120 billion a year on administrative costs instead. \n\n\n     That would leave us $66 billion worse off, costing the average American household an extra $500 a year. \n\n\n     At this rate, the so-called Department of Government Efficiency's \"dividend\" will end up as a cash call. \n\n\n     The GAO report comes shortly after a government investigation raised new questions about the claim made by Musk and President Donald Trump that vast numbers of dead people are receiving Social Security benefits. The Social Security inspector general found that although there were 760,000 \"dead\" people on the Social Security rolls in Idaho, just 86 of them, or 0.011%, had been sent benefit payments after their deaths. \n\n\n     Total savings, by eliminating all 86 of these overpayments, would come to $611,000 a year. \n\n\n     Musk continues to assert that the federal government doesn't merely include inefficiencies, waste and even fraud but that the sums involved are enormous and egregious, amounting to the biggest scam in American history. \n\n\n     During the Kudlow interview, the Tesla $(TSLA)$ and SpaceX CEO and owner of the social-media platform X, claimed the GAO recently found \"half a trillion dollars\" in annual fraud in federal spending. Actually, the GAO estimated a wide range, from $233 billion to $521 billion, and said that upper part of the range was heavily influenced by the pandemic years. The latest GAO data, showing a plunge in improper payments as special pandemic-era programs wound down, raise further doubts about how big ongoing fraud might be. \n\n\n     Key Words: LinkedIn co-founder Reid Hoffman has known Elon Musk for years. Here's what he says Americans don't understand about the Tesla CEO. \n\n\n     It remains a mystery why no one else has noticed the enormous fraud that Musk alleges - not only among the GAO staff and all the inspectors-general across the federal government, but among potential whistleblowers, too. Those exposing $1 trillion in fraud in federal spending would be entitled to hundreds of billions of dollars in rewards. For some bizarre reason, no one seems to have wanted the money. \n\n\n     -Brett Arends \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 13, 2025 08:33 ET (12:33 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"TSYW.SI":0.6,"TSLA":1}},"isVote":1,"tweetType":1,"viewCount":2257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":411760156881248,"gmtCreate":1741514311826,"gmtModify":1741514316156,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"Sour grapes&nbsp;","listText":"Sour grapes&nbsp;","text":"Sour grapes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/411760156881248","repostId":"2518840990","repostType":2,"isVote":1,"tweetType":1,"viewCount":2260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":411468673688032,"gmtCreate":1741450462828,"gmtModify":1741450466544,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"Sour grapes","listText":"Sour grapes","text":"Sour grapes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/411468673688032","repostId":"2517444091","repostType":2,"repost":{"id":"2517444091","kind":"highlight","pubTimestamp":1741484674,"share":"https://ttm.financial/m/news/2517444091?lang=en_US&edition=fundamental","pubTime":"2025-03-09 09:44","market":"nz","language":"en","title":"What Would Tesla Be Worth Without Elon Musk?","url":"https://stock-news.laohu8.com/highlight/detail?id=2517444091","media":"Fortune","summary":"In the weeks bracketing Donald Trump's victory on Nov. 5, Tesla's stock enjoyed one of the most explosive rides in the annals of publicly traded equities, gaining over 50% and almost half a trillion dollars in valuation in the span of just over a month. That surge reversed four years of poor performance for Tesla's shares as investors soured on the EV maker's weakening fundamentals and CEO Elon Musk's serial promises of fully self-driving cars and an inexpensive mass-market model that proved an ever-receding horizon.Then in October, Musk recharged his stock via a fresh pledge to start producing the long-awaited Tesla Cybercab by mid-2025. And investors reckoned that Musk's newfound, headline-grabbing status as the highest-profile member of the Trump economic team in heading the Department of Government Efficiency , as well as his bromance with his boss, would somehow restore the buzz around Tesla. Musk appeared to be performing a never-before-seen coup in taming the federal bureaucracy","content":"<div>\n<p>In the weeks bracketing Donald Trump's victory on Nov. 5, Tesla's stock enjoyed one of the most explosive rides in the annals of publicly traded equities, gaining over 50% and almost half a trillion ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-worth-without-elon-musk-120000082.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Would Tesla Be Worth Without Elon Musk?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Would Tesla Be Worth Without Elon Musk?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-03-09 09:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tesla-worth-without-elon-musk-120000082.html><strong>Fortune</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the weeks bracketing Donald Trump's victory on Nov. 5, Tesla's stock enjoyed one of the most explosive rides in the annals of publicly traded equities, gaining over 50% and almost half a trillion ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-worth-without-elon-musk-120000082.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2063271972.USD":"富兰克林创新领域基金","TSLA":"特斯拉","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4588":"碎股","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","BK4574":"无人驾驶","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4551":"寇图资本持仓","BK4592":"伊斯兰概念","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4527":"明星科技股","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4099":"汽车制造商","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4511":"特斯拉概念","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4534":"瑞士信贷持仓","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","TSLL":"2倍做多TSLA ETF-Direxion","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","TSYW.SI":"TESLA 3xLongSG261006","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","SG9999015978.USD":"利安颠覆性创新基金A","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU1861558580.USD":"日兴方舟颠覆性创新基金B"},"source_url":"https://finance.yahoo.com/news/tesla-worth-without-elon-musk-120000082.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2517444091","content_text":"In the weeks bracketing Donald Trump's victory on Nov. 5, Tesla's stock enjoyed one of the most explosive rides in the annals of publicly traded equities, gaining over 50% and almost half a trillion dollars in valuation in the span of just over a month. That surge reversed four years of poor performance for Tesla's shares as investors soured on the EV maker's weakening fundamentals and CEO Elon Musk's serial promises of fully self-driving cars and an inexpensive mass-market model that proved an ever-receding horizon.Then in October, Musk recharged his stock via a fresh pledge to start producing the long-awaited Tesla Cybercab by mid-2025. And investors reckoned that Musk's newfound, headline-grabbing status as the highest-profile member of the Trump economic team in heading the Department of Government Efficiency (DOGE), as well as his bromance with his boss, would somehow restore the buzz around Tesla. Musk appeared to be performing a never-before-seen coup in taming the federal bureaucracy. His early wins at the White House reminded folks and funds of the supposedly enduring Musk magic, and renewed belief in his epic vision for the EV giant.But in the last 10 weeks, the controversy Musk has unleashed in Europe now that he's center stage in the Trump administration, especially by backing far-right political parties, as well as terrible news from China, have crushed Tesla's shares, sending their prices back to where they started the takeoff, and retesting levels at the start of 2021. Put simply, Musk's failed promises are pushing investors to examine what they've long ignored—Tesla's bedrock value as a super-capital-intensive automaker—and ponder whether Musk's gauzy promises of things to come remotely justify its still-gigantic market cap.In reality, the math dictating the heroics Tesla must perform to deliver good returns from here looks impossible to achieve. So let's explore the company's worth as a maker of electric vehicles and batteries and separate out what we'll call the Musk Magic Premium, the extra market cap awarded for the \"forthcoming\" ventures Musk has failed to deliver but that still rally hordes of believers.We'll begin by posing arguably the top question in American business: What would Tesla be worth without Elon Musk?Calculating Tesla's worth on what it makes nowTo answer that question, this writer used conventional guideposts to reach an accurate valuation based on the products and services Tesla currently produces and sells, sans the wonders Musk is predicting. To establish repeatable, durable numbers for earnings, I eliminated special items, notably the $589 million write-up for the Bitcoin trove on Tesla's books allowed by new accounting rules, and the almost $6 billion tax benefit in Q4 of 2023. I also removed estimated after-tax income from sale of regulatory credits to competing manufacturers, a sideline that Musk acknowledges will disappear, though the rate of decline remains uncertain.Using that template, Tesla posted fundamental earnings of $4.2 billion in 2024. To establish a reasonable market cap, we first need to set an appropriate price-to-earnings (P/E) ratio. For the 10 largest automakers outside of China, a group that encompasses Ford and GM in the U.S.; Stellantis, Mercedes-Benz, BMW, and Volkswagen in Europe; and Toyota, Hyundai, Nissan, and Suzuki in Asia, the average is 6.9; only Nissan beaks double-digits at 15.1. Still, a huge share of Tesla's sales flows from China, the world's fastest-growing EV market by far, and the Chinese players sport higher multiples than anywhere else, often 20 or above. So we'll give Tesla a P/E of 20, which is still three times the norm for carmakers outside the world's second-biggest economy.Multiply $4.2 billion by 20 and you get a market cap of $84 billion. But Tesla's valuation as of midafternoon on Monday, March 3, stood at $955 billion. Hence it's selling at 227 times its 2024 underlying profits (the cap of $955 billion divided by profits of $4.2 billion)—and that's after an historic selloff. Those adjusted earnings, by the way, are less than half the $11 billion, using the same metric, that Tesla recorded in 2022. This vaunted growth juggernaut is actually shrinking as a profitmaker. Investors are baking in tons of extra worth centered on great expectations that Musk will score on robotaxi fleets, and sales of FSV software to existing Tesla owners so they can run their cars like customer-owned Ubers and Lyfts when they're not driving them. That \"Musk Sorcerer\" bounty amounts to the difference, a staggering $873 billion (the $955 billion cap minus Tesla's status quo estimate of $82 billion).Of course, Tesla is the riskiest of stocks, as shown by its wildly careening chart since the election. Investors will want at least a 10% annual return to strap themselves in for the lurching ride. Since Tesla doesn't pay a dividend, reaching that number would require its stock price to double in seven years, from $282 today to around $564. We'll assume the share count remains at today's levels. In that scenario, the market cap would wax twofold as well, hitting $1.91 trillion by early 2032.Grab a quick Scotch. We need to make another assumption to posit the net profits goal seven years from now, and that's the \"ending\" P/E. We'll put the figure at 30, well above the S&P's multidecade average, and a mark that would still tag Tesla as a relative tech sprinter even after staging one of the fastest expansions ever witnessed. The earnings bogey for 2023 is thus $64 billion, the $1.91 billion valuation divided by a P/E of 30.Tesla can't justify its current valuationReaching the \"target\" of $64 billion mandates that profits jump 15-fold from today's $4.2 billion in the seven-year interval. That's a leap of15 times; Tesla's after-tax profits would need to increase at a compound rate of 47% per year. If Musk devotees succeed in driving Tesla stock back to anywhere near the all-time peak notched in December, the bar for future profit growth gets even more outrageous and unvaultable. The average annual earnings increases baked in at the pinnacle valuation of $1.57 trillion: 60% a year. The more Musk followers believe, the more impossible the challenge to reward them appears.The rub is that just when Tesla needs a booster rocket, its engines are fizzling. Last year, its basic total revenues from carmaking rose just $200 million or 0.2% over 2023, meaning they actually fell over two points adjusted for inflation. And this year has started badly: In January 2024 compared to the same amount last year, revenues tumbled 50% in Europe and 11% in China.Musk may succeed in making Tesla a far bigger enterprise by launching fleets of robotaxis to duel Uber and Waymo, and making and selling FSD software to its current owners. But gaining size isn't enough. It will take both loads of new capital investment and huge returns on each dollar Musk plows into new projects for Tesla to sound the horn. It's unclear that Tesla can generate sufficient profits on its own to finance Musk's blueprint. If not, he'll be forced to sell stock and raise debt. The more outside cash he marshals, the tougher his task becomes: As the share count grows, so does the total earnings above $64 billion needed to multiply the share price 15-fold by 2032, the requirement for handing investors less-than-stupendous annual gains of 10%. Musk must secure the huge rates of return on those investments, funded internally and if necessary externally, to furnish the quicksilver profit ramp built into the share price.Therein lies the fantasy. As Musk pours tens of billions into building Tesla-owned robotaxis and obtaining the data-center gear to operate the navigation equipment in the FSV fleets, he'll face plenty of competition from players developing and deploying AI to prosper in exactly the same futuristic ventures. That competition will compress his margins, and slow the flywheel that he effectively claims will keep spinning: a flow of fabulously profitable products that generate hoards of cash to hatch and make more fabulously profitable products. Musk recently claimed Tesla could hike earnings 10-fold in the next five years. He's right in auguring what it will take to reward shareholders. He's just not showing much sign of getting there.As Musk flamboyantly attacks \"fraud, waste, and abuse\" from his perch in the White House, he's short on showing tangible proof from the plant floors in Austin, Berlin, and Shanghai that he's mounted a credible plan. America's \"Music Man\" is still garnering a huge Musk Magic, Oscar-worthy premium for Tesla's shares. As Musk attacks the perceived ills of the U.S. economy, Tesla's woes just keep growing.","news_type":1,"symbols_score_info":{"TSYW.SI":0.6,"TSLA":1,"TSLL":1}},"isVote":1,"tweetType":1,"viewCount":1241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":409636266873256,"gmtCreate":1741018217085,"gmtModify":1741018220870,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"Sour grapes complaining. Red eye","listText":"Sour grapes complaining. Red eye","text":"Sour grapes complaining. Red eye","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/409636266873256","repostId":"2516463732","repostType":2,"isVote":1,"tweetType":1,"viewCount":908,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":408160580710584,"gmtCreate":1740669501319,"gmtModify":1740669505830,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"Fact of life. This is called Sour grapes","listText":"Fact of life. This is called Sour grapes","text":"Fact of life. This is called Sour grapes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/408160580710584","repostId":"2514898953","repostType":2,"isVote":1,"tweetType":1,"viewCount":876,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":407139828285536,"gmtCreate":1740417252381,"gmtModify":1740418738504,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"Pls try harder....F shorty. FU","listText":"Pls try harder....F shorty. FU","text":"Pls try harder....F shorty. FU","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/407139828285536","repostId":"2514776120","repostType":2,"isVote":1,"tweetType":1,"viewCount":1064,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":407110653833544,"gmtCreate":1740410321269,"gmtModify":1740410431310,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"Stop stirring shit u mother F. U are obviously a Tesla hater","listText":"Stop stirring shit u mother F. U are obviously a Tesla hater","text":"Stop stirring shit u mother F. U are obviously a Tesla hater","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/407110653833544","repostId":"2513572060","repostType":2,"isVote":1,"tweetType":1,"viewCount":787,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":406590901920048,"gmtCreate":1740292963961,"gmtModify":1740292967685,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"Sour grape","listText":"Sour grape","text":"Sour grape","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/406590901920048","repostId":"2513200544","repostType":2,"isVote":1,"tweetType":1,"viewCount":818,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":406246020956496,"gmtCreate":1740169759518,"gmtModify":1740169763118,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"We already know this news. So FO","listText":"We already know this news. So FO","text":"We already know this news. So FO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/406246020956496","repostId":"2513214774","repostType":2,"isVote":1,"tweetType":1,"viewCount":945,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":406063434220000,"gmtCreate":1740164289953,"gmtModify":1740173788782,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"So? Mind yr own F biz","listText":"So? Mind yr own F biz","text":"So? Mind yr own F biz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/406063434220000","repostId":"2513216495","repostType":2,"isVote":1,"tweetType":1,"viewCount":1200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":406162273026312,"gmtCreate":1740155885633,"gmtModify":1740156517506,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"Sour grape....Go F yrselve","listText":"Sour grape....Go F yrselve","text":"Sour grape....Go F yrselve","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/406162273026312","repostId":"2513975542","repostType":2,"isVote":1,"tweetType":1,"viewCount":702,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":405481817989432,"gmtCreate":1740033383244,"gmtModify":1740033386452,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"themes":[],"htmlText":"FU and FO","listText":"FU and FO","text":"FU and FO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/405481817989432","repostId":"2512609834","repostType":2,"repost":{"id":"2512609834","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1740028162,"share":"https://ttm.financial/m/news/2512609834?lang=en_US&edition=fundamental","pubTime":"2025-02-20 13:09","market":"us","language":"en","title":"BREAKINGVIEWS-Elon Musk is not India’s ideal foreign investor","url":"https://stock-news.laohu8.com/highlight/detail?id=2512609834","media":"Reuters","summary":"BREAKINGVIEWS-Elon Musk is not India’s ideal foreign investorThe author is a Reuters Breakingviews columnist. The opinions expressed are her own.By Shritama Bose","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BREAKINGVIEWS-Elon Musk is not India’s ideal foreign investor</title></head><body><p>The author is a Reuters Breakingviews columnist. The opinions expressed are her own.</p><p>By Shritama Bose</p><p>\n<span>MUMBAI, Feb 20 (Reuters Breakingviews)</span><span> - </span>India may get more than it bargained for when it comes to Elon Musk. The Tesla <span>TSLA.O</span> boss' role in the White House might make it easier for him to set the terms of his entry into the world's third-largest car market. But President Donald Trump's aim of cutting the U.S. trade deficit will leave India less leverage to wrangle coveted factory jobs it wants from Musk.</p><p>The electric vehicle maker has identified locations for <span>two stores</span> in India, Reuters reported citing unnamed sources, and is hiring for customer-facing and back-end roles in the country. That has fuelled speculation that Musk's meeting with Indian Prime Minister Narendra Modi last week may pave the road for Tesla to finally sell cars in the country.</p><p>The biggest deterrence is India's high tariffs on imported vehicles, which New Delhi once hoped would persuade foreign brands to manufacture locally. But the Tesla boss has resisted, probably because local demand for luxury EVs has yet to catch up to China, the company's second most important country by revenue after the United States. </p><p>It's possible that Modi may now consider lowering or dropping the auto tariffs - to please Trump - or carving out exemptions for Tesla. But that would only weaken New Delhi's hand in negotiating with Musk.</p><p>Trump has already remarked that a Tesla factory in India aimed at circumventing local duties would be <span>\"unfair\"</span> to the U.S. Moreover, it's not clear Tesla needs another factory either. The EV maker utilised just three-quarters of its existing production capacity across the U.S., Germany and China in 2024 - down slightly from the year before. That suggests the company expects global demand to slow further. </p><p>The risk to Modi is for him to grant concessions to Musk, only to end up with little more than Tesla showrooms. True, the government has another bargaining chip: Musk's Starlink is awaiting security clearance for a licence to offer satellite broadband services in India. But against the backdrop of Trump's tariff threats, New Delhi should be careful of what it wishes for from the world's richest man.</p><p>Follow @ShritamaBose on X</p><p>CONTEXT NEWS</p><p>U.S. President Donald Trump told Fox News in an interview aired on February 19 that if Tesla were to build a factory in India to circumvent that country's tariffs, it would be \"unfair\" to the United States.</p><p>Tesla has selected locations for two showrooms in New Delhi and Mumbai, moving closer to its long-delayed plans to sell its electric cars in India, Reuters reported on February 18, citing unnamed sources familiar with the matter.</p><p>The electric vehicle maker has posted job ads on professional networking platform LinkedIn for 15 positions across three locations in India since February 18.</p><div><p><span>Graphic: Tesla utilised 75% of its global production capacity in 2024 https://reut.rs/4iow4cH</span></p></div><p> (Additional reporting by Katrina Hamlin. Editing by Robyn Mak and Ujjaini Dutta)</p><p> ((For previous columns by the author, Reuters customers can click on <span>BOSE/</span>shritama.bose@thomsonreuters.com))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BREAKINGVIEWS-Elon Musk is not India’s ideal foreign investor</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBREAKINGVIEWS-Elon Musk is not India’s ideal foreign investor\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-02-20 13:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BREAKINGVIEWS-Elon Musk is not India’s ideal foreign investor</title></head><body><p>The author is a Reuters Breakingviews columnist. The opinions expressed are her own.</p><p>By Shritama Bose</p><p>\n<span>MUMBAI, Feb 20 (Reuters Breakingviews)</span><span> - </span>India may get more than it bargained for when it comes to Elon Musk. The Tesla <span>TSLA.O</span> boss' role in the White House might make it easier for him to set the terms of his entry into the world's third-largest car market. But President Donald Trump's aim of cutting the U.S. trade deficit will leave India less leverage to wrangle coveted factory jobs it wants from Musk.</p><p>The electric vehicle maker has identified locations for <span>two stores</span> in India, Reuters reported citing unnamed sources, and is hiring for customer-facing and back-end roles in the country. That has fuelled speculation that Musk's meeting with Indian Prime Minister Narendra Modi last week may pave the road for Tesla to finally sell cars in the country.</p><p>The biggest deterrence is India's high tariffs on imported vehicles, which New Delhi once hoped would persuade foreign brands to manufacture locally. But the Tesla boss has resisted, probably because local demand for luxury EVs has yet to catch up to China, the company's second most important country by revenue after the United States. </p><p>It's possible that Modi may now consider lowering or dropping the auto tariffs - to please Trump - or carving out exemptions for Tesla. But that would only weaken New Delhi's hand in negotiating with Musk.</p><p>Trump has already remarked that a Tesla factory in India aimed at circumventing local duties would be <span>\"unfair\"</span> to the U.S. Moreover, it's not clear Tesla needs another factory either. The EV maker utilised just three-quarters of its existing production capacity across the U.S., Germany and China in 2024 - down slightly from the year before. That suggests the company expects global demand to slow further. </p><p>The risk to Modi is for him to grant concessions to Musk, only to end up with little more than Tesla showrooms. True, the government has another bargaining chip: Musk's Starlink is awaiting security clearance for a licence to offer satellite broadband services in India. But against the backdrop of Trump's tariff threats, New Delhi should be careful of what it wishes for from the world's richest man.</p><p>Follow @ShritamaBose on X</p><p>CONTEXT NEWS</p><p>U.S. President Donald Trump told Fox News in an interview aired on February 19 that if Tesla were to build a factory in India to circumvent that country's tariffs, it would be \"unfair\" to the United States.</p><p>Tesla has selected locations for two showrooms in New Delhi and Mumbai, moving closer to its long-delayed plans to sell its electric cars in India, Reuters reported on February 18, citing unnamed sources familiar with the matter.</p><p>The electric vehicle maker has posted job ads on professional networking platform LinkedIn for 15 positions across three locations in India since February 18.</p><div><p><span>Graphic: Tesla utilised 75% of its global production capacity in 2024 https://reut.rs/4iow4cH</span></p></div><p> (Additional reporting by Katrina Hamlin. Editing by Robyn Mak and Ujjaini Dutta)</p><p> ((For previous columns by the author, Reuters customers can click on <span>BOSE/</span>shritama.bose@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2720916845.USD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (USD) ACC","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","LU2247934214.USD":"FIDELITY FUNDS SUSTAINABLE FUTURE CONNECTIVITY \"A\" (USD) ACC","LU1261432733.SGD":"Fidelity World A-ACC-SGD","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1221951129.SGD":"NORDEA 1 STABLE RETURN \"HM\" (SGDHDG) INC","LU2092937148.SGD":"Blackrock ESG Multi-Asset A8 SGD-H","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU0690374615.EUR":"FUNDSMITH EQUITY \"R\" (EUR) ACC","LU0203202063.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A2X\" (USD) ACC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU0795875169.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD-H","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU2360108059.USD":"BGF CIRCULAR ECONOMY \"A4\" (USD) INC","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","LU1196500208.SGD":"NORDEA STABLE RETURN \"HB\" (SGDHDG) ACC","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","SGXZ81514606.USD":"大华环球创新基金A Acc USD","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU1059921491.USD":"NORDEA 1 GLOBAL STABLE EQUITY \"HB\" (USDHDG) ACC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","BK4581":"高盛持仓","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","SG9999002232.USD":"Allianz Global High Payout USD","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0171293334.USD":"贝莱德英国基金A2","TSYW.SI":"TESLA 3xLongSG261006","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","LU0347712357.USD":"BNP PARIBAS GLOBAL ENVIRONMENT \"C\" (USD) ACC","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","TSLA":"特斯拉","LU0757359368.USD":"SCHRODER ISF GLOBAL MULTI-ASSET INCOME \"A\" (USD)  ACC","LU0095938881.EUR":"JPMorgan Investment Funds - Global Macro Opportunities A (acc) EUR","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2242649171.HKD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (HKD) ACC","LU0472753341.HKD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","LU1582987597.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) INC","LU1032466523.USD":"高盛全球多资产收益组合Acc","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU1935043023.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC A","LU1670711040.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) ACC","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250220:nL5N3PB053:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2512609834","content_text":"BREAKINGVIEWS-Elon Musk is not India’s ideal foreign investorThe author is a Reuters Breakingviews columnist. The opinions expressed are her own.By Shritama Bose\nMUMBAI, Feb 20 (Reuters Breakingviews) - India may get more than it bargained for when it comes to Elon Musk. The Tesla TSLA.O boss' role in the White House might make it easier for him to set the terms of his entry into the world's third-largest car market. But President Donald Trump's aim of cutting the U.S. trade deficit will leave India less leverage to wrangle coveted factory jobs it wants from Musk.The electric vehicle maker has identified locations for two stores in India, Reuters reported citing unnamed sources, and is hiring for customer-facing and back-end roles in the country. That has fuelled speculation that Musk's meeting with Indian Prime Minister Narendra Modi last week may pave the road for Tesla to finally sell cars in the country.The biggest deterrence is India's high tariffs on imported vehicles, which New Delhi once hoped would persuade foreign brands to manufacture locally. But the Tesla boss has resisted, probably because local demand for luxury EVs has yet to catch up to China, the company's second most important country by revenue after the United States. It's possible that Modi may now consider lowering or dropping the auto tariffs - to please Trump - or carving out exemptions for Tesla. But that would only weaken New Delhi's hand in negotiating with Musk.Trump has already remarked that a Tesla factory in India aimed at circumventing local duties would be \"unfair\" to the U.S. Moreover, it's not clear Tesla needs another factory either. The EV maker utilised just three-quarters of its existing production capacity across the U.S., Germany and China in 2024 - down slightly from the year before. That suggests the company expects global demand to slow further. The risk to Modi is for him to grant concessions to Musk, only to end up with little more than Tesla showrooms. True, the government has another bargaining chip: Musk's Starlink is awaiting security clearance for a licence to offer satellite broadband services in India. But against the backdrop of Trump's tariff threats, New Delhi should be careful of what it wishes for from the world's richest man.Follow @ShritamaBose on XCONTEXT NEWSU.S. President Donald Trump told Fox News in an interview aired on February 19 that if Tesla were to build a factory in India to circumvent that country's tariffs, it would be \"unfair\" to the United States.Tesla has selected locations for two showrooms in New Delhi and Mumbai, moving closer to its long-delayed plans to sell its electric cars in India, Reuters reported on February 18, citing unnamed sources familiar with the matter.The electric vehicle maker has posted job ads on professional networking platform LinkedIn for 15 positions across three locations in India since February 18.Graphic: Tesla utilised 75% of its global production capacity in 2024 https://reut.rs/4iow4cH (Additional reporting by Katrina Hamlin. Editing by Robyn Mak and Ujjaini Dutta) ((For previous columns by the author, Reuters customers can click on BOSE/shritama.bose@thomsonreuters.com))","news_type":1,"symbols_score_info":{"TSYW.SI":0.6,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":622,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":395023325676024,"gmtCreate":1737451526590,"gmtModify":1737451530400,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4109249043338710","idStr":"4109249043338710"},"themes":[],"htmlText":"So many sour grapes around...trying hard to talk down Tesla","listText":"So many sour grapes around...trying hard to talk down Tesla","text":"So many sour grapes around...trying hard to talk down Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/395023325676024","repostId":"1189909655","repostType":2,"repost":{"id":"1189909655","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1737770400,"share":"https://ttm.financial/m/news/1189909655?lang=en_US&edition=fundamental","pubTime":"2025-01-25 10:00","market":"us","language":"en","title":"Tesla Q4 Preview: Can the EV King Be Trusted?","url":"https://stock-news.laohu8.com/highlight/detail?id=1189909655","media":"Tiger Newspress","summary":"Tesla's Q4 revenue is expected to be $27.195 billion, adjusted net income is $2.66 billion, and adjusted EPS is $0.748, according to Bloomberg's consistent expectations.Tesla will post its financial r","content":"<html><head></head><body><blockquote><p>Tesla&#39;s Q4 revenue is expected to be $27.195 billion, adjusted net income is $2.66 billion, and adjusted EPS is $0.748, according to Bloomberg&#39;s consistent expectations.</p></blockquote><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> will post its financial results for the fourth quarter of 2024 after market close on Wednesday, January 29, 2025.</p><p>Tesla&#39;s Q4 revenue is expected to be $27.195 billion, adjusted net income is $2.66 billion, and adjusted EPS is $0.748, according to Bloomberg&#39;s consistent expectations.</p><h2 id=\"id_1358305931\" style=\"text-align: left;\">Previous Quarter Review</h2><p>Tesla reported third-quarter earnings that topped analysts’ estimates even as revenue came in just shy of expectations.</p><p>Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:</p><ul style=\"\"><li><p><strong>Earnings per share:</strong> 72 cents, adjusted vs. 58 cents expected</p></li><li><p><strong>Revenue:</strong> $25.18 billion vs. $25.37 billion expected</p></li></ul><p style=\"text-align: start;\">Revenue increased 8% in the quarter from $23.35 billion a year earlier. Net income rose to about $2.17 billion, or 62 cents a share, from $1.85 billion, or 53 cents a share, a year ago.</p><h2 id=\"id_2617719276\" style=\"text-align: left;\">Q4 Results Outlook</h2><h3 id=\"id_2820609817\">Tesla Reports First-Ever Drop in Annual Deliveries</h3><p>Tesla has posted its fourth-quarter vehicle production and deliveries report. Here are the key numbers:</p><ul style=\"\"><li><p style=\"text-align: start;\">Total deliveries Q4 2024: 495,570</p></li><li><p style=\"text-align: start;\">Total production Q4 2024: 459,445</p></li><li><p style=\"text-align: start;\">Total annual deliveries 2024: 1,789,226</p></li><li><p style=\"text-align: start;\">Total annual production 2024: 1,773,443</p></li></ul><p style=\"text-align: start;\">Results for the quarter represented the first annual drop in delivery numbers for Tesla, which reported 1.81 million deliveries in 2023. It reported 484,507 deliveries in the fourth quarter of 2023.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f090297df6420f10d4b244f59952a048\" title=\"\" tg-width=\"1200\" tg-height=\"622\"/></p><h3 id=\"id_633700293\">Tesla&#39;s Megapack Gains a Sweetener as Car Sales Slow</h3><p>Tesla&#39;s 4Q earnings appear poised to top consensus, fueled by record-breaking deployments in its energy segment. The ramp-up of its Megapack battery plant in Shanghai -- almost doubling storage deployment to 60 gigawatt-hours -- will likely boost future earnings, with an estimated 30% gross margin outperforming the auto segment. In 1H, Tesla plans to launch an updated Model Y and introduce a new, more affordable model, expanding market reach. The latter&#39;s earnings impact will be more pronounced by late 2025.</p><p>Total auto 4Q gross margin could drop as much as 100 bps from 3Q&#39;s 20.1%, but may still be better than 1H24. A production decline in the quarter may suggest preparation for a Model Y refresh.</p><h3 id=\"id_3433050886\">Trump&#39;s Policies, Autonomous Vehicle Timelines and 2025 Guidance</h3><p>Tesla<strong> </strong>stock gained around 63% in 2024, virtually all of that in the fourth quarter, especially after President-elect Donald Trump&#39;s election win. Now, investors await Trump administration policy, including possibly dialing back the Inflation Reduction Act and the potential easing of regulations for autonomous vehicles.</p><p>Analysts generally see the Trump presidency as an overall negative for EVs, but a positive for Tesla. Musk fostered a good relationship with the president-elect after campaigning tirelessly for him throughout the election cycle.</p><p>Investors also will be looking for updates on autonomous vehicle timelines and 2025 guidance.</p><p>Tesla influencers gushed over Full Self-Driving v13 following a limited release around Thanksgiving. But since then, a wider FSD v13 rollout suggests no major step toward self-driving.</p><p style=\"text-align: start;\">Musk has said he expects FSD to achieve true self-driving by mid-2025, though he&#39;s said similar &#34;this year&#34; or &#34;next year&#34; statements for about a decade.</p><p>In addition, Tesla&#39;s guidance for 2025 is an important factor affecting the stock price.</p><h2 id=\"id_30813270\">Analyst&#39;s opinions</h2><h4 id=\"id_512543951\">Bulls</h4><p><strong>Morgan Stanley</strong> believes Tesla shares have significant upside as the company rolls out a fleet of autonomous cars, or robotaxis, that run on artificial intelligence.</p><p>Adam Jonas, Morgan Stanley&#39;s high-profile auto analyst and a TSLA bull,<strong> </strong>increased his Tesla stock price target to 430 from 400, keeping an overweight rating on the shares, which remain a &#34;top pick&#34; for the firm. The firm also sees a bull case in which Tesla’s stock could ultimately double to $800 per share.</p><p><strong>Wedbush Securities</strong> hiked its base case price target on Tesla to $550 from $515 on its view that the golden age of autonomous, FSD, and Optimus has arrived. The firm has growing confidence in the demand delivery story for 2025 along with a fast tracking of the autonomous future under the Trump Administration. The bull case price target on Tesla was pushed up to $650.</p><p>Tesla continues to be <strong>Piper Sandler</strong>&#39;s &#34;#1 buy-and-hold idea,&#34; as the firm raised its price target for the stock from $315 to $500. The firm’s analysts believe investors are beginning to appreciate Tesla&#39;s potential in &#34;real-world A.I.,&#34; which is driving portfolio managers to consider upside scenarios more seriously.</p><h4 id=\"id_1883715770\">Bears</h4><p><strong>Wells Fargo</strong> reaffirmed on its bearish Tesla call, ignoring the stock&#39;s rally and as a reminder to investors that bears still persevere on Wall Street. Despite the underweight rating, the bank forecasts Tesla shares will collapse another 70% to $125 this year.</p><p style=\"text-align: start;\">Wells Fargo&#39;s analyst commented that the grim prediction is driven by weak business fundamentals. They point to Tesla&#39;s struggles to prop up vehicle deliveries despite deep discounts, and they warn about fierce competition from Chinese EV players. The analyst added that the potential to repeal the Inflation Reduction Act tax credits may impact a serious threat to Tesla&#39;s pricing power and U.S. market demand.</p><p style=\"text-align: start;\">Also, Tesla&#39;s futuristic CyberCab and humanoid robot Optimus fail to impress Wells Fargo. These innovations have always been exciting, but the bank warns they are in development and are still incredibly expensive, even though they are operational in some form.</p><p><strong>Bank of America</strong> downgraded Tesla from Buy to Neutral. The investment company expressed worries about Tesla&#39;s high valuation and possible difficulties carrying out its bold initiatives.</p><p style=\"text-align: start;\">With much of Tesla&#39;s growth potentialincluding developments in autonomous driving, energy storage, and roboticsincluding already reflected in the stock&#39;s current valuation. Bank of America analysts set a price target of $490. The company also underlined regulatory uncertainty as a further threat to its future.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Q4 Preview: Can the EV King Be Trusted?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Q4 Preview: Can the EV King Be Trusted?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2025-01-25 10:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><blockquote><p>Tesla&#39;s Q4 revenue is expected to be $27.195 billion, adjusted net income is $2.66 billion, and adjusted EPS is $0.748, according to Bloomberg&#39;s consistent expectations.</p></blockquote><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> will post its financial results for the fourth quarter of 2024 after market close on Wednesday, January 29, 2025.</p><p>Tesla&#39;s Q4 revenue is expected to be $27.195 billion, adjusted net income is $2.66 billion, and adjusted EPS is $0.748, according to Bloomberg&#39;s consistent expectations.</p><h2 id=\"id_1358305931\" style=\"text-align: left;\">Previous Quarter Review</h2><p>Tesla reported third-quarter earnings that topped analysts’ estimates even as revenue came in just shy of expectations.</p><p>Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:</p><ul style=\"\"><li><p><strong>Earnings per share:</strong> 72 cents, adjusted vs. 58 cents expected</p></li><li><p><strong>Revenue:</strong> $25.18 billion vs. $25.37 billion expected</p></li></ul><p style=\"text-align: start;\">Revenue increased 8% in the quarter from $23.35 billion a year earlier. Net income rose to about $2.17 billion, or 62 cents a share, from $1.85 billion, or 53 cents a share, a year ago.</p><h2 id=\"id_2617719276\" style=\"text-align: left;\">Q4 Results Outlook</h2><h3 id=\"id_2820609817\">Tesla Reports First-Ever Drop in Annual Deliveries</h3><p>Tesla has posted its fourth-quarter vehicle production and deliveries report. Here are the key numbers:</p><ul style=\"\"><li><p style=\"text-align: start;\">Total deliveries Q4 2024: 495,570</p></li><li><p style=\"text-align: start;\">Total production Q4 2024: 459,445</p></li><li><p style=\"text-align: start;\">Total annual deliveries 2024: 1,789,226</p></li><li><p style=\"text-align: start;\">Total annual production 2024: 1,773,443</p></li></ul><p style=\"text-align: start;\">Results for the quarter represented the first annual drop in delivery numbers for Tesla, which reported 1.81 million deliveries in 2023. It reported 484,507 deliveries in the fourth quarter of 2023.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f090297df6420f10d4b244f59952a048\" title=\"\" tg-width=\"1200\" tg-height=\"622\"/></p><h3 id=\"id_633700293\">Tesla&#39;s Megapack Gains a Sweetener as Car Sales Slow</h3><p>Tesla&#39;s 4Q earnings appear poised to top consensus, fueled by record-breaking deployments in its energy segment. The ramp-up of its Megapack battery plant in Shanghai -- almost doubling storage deployment to 60 gigawatt-hours -- will likely boost future earnings, with an estimated 30% gross margin outperforming the auto segment. In 1H, Tesla plans to launch an updated Model Y and introduce a new, more affordable model, expanding market reach. The latter&#39;s earnings impact will be more pronounced by late 2025.</p><p>Total auto 4Q gross margin could drop as much as 100 bps from 3Q&#39;s 20.1%, but may still be better than 1H24. A production decline in the quarter may suggest preparation for a Model Y refresh.</p><h3 id=\"id_3433050886\">Trump&#39;s Policies, Autonomous Vehicle Timelines and 2025 Guidance</h3><p>Tesla<strong> </strong>stock gained around 63% in 2024, virtually all of that in the fourth quarter, especially after President-elect Donald Trump&#39;s election win. Now, investors await Trump administration policy, including possibly dialing back the Inflation Reduction Act and the potential easing of regulations for autonomous vehicles.</p><p>Analysts generally see the Trump presidency as an overall negative for EVs, but a positive for Tesla. Musk fostered a good relationship with the president-elect after campaigning tirelessly for him throughout the election cycle.</p><p>Investors also will be looking for updates on autonomous vehicle timelines and 2025 guidance.</p><p>Tesla influencers gushed over Full Self-Driving v13 following a limited release around Thanksgiving. But since then, a wider FSD v13 rollout suggests no major step toward self-driving.</p><p style=\"text-align: start;\">Musk has said he expects FSD to achieve true self-driving by mid-2025, though he&#39;s said similar &#34;this year&#34; or &#34;next year&#34; statements for about a decade.</p><p>In addition, Tesla&#39;s guidance for 2025 is an important factor affecting the stock price.</p><h2 id=\"id_30813270\">Analyst&#39;s opinions</h2><h4 id=\"id_512543951\">Bulls</h4><p><strong>Morgan Stanley</strong> believes Tesla shares have significant upside as the company rolls out a fleet of autonomous cars, or robotaxis, that run on artificial intelligence.</p><p>Adam Jonas, Morgan Stanley&#39;s high-profile auto analyst and a TSLA bull,<strong> </strong>increased his Tesla stock price target to 430 from 400, keeping an overweight rating on the shares, which remain a &#34;top pick&#34; for the firm. The firm also sees a bull case in which Tesla’s stock could ultimately double to $800 per share.</p><p><strong>Wedbush Securities</strong> hiked its base case price target on Tesla to $550 from $515 on its view that the golden age of autonomous, FSD, and Optimus has arrived. The firm has growing confidence in the demand delivery story for 2025 along with a fast tracking of the autonomous future under the Trump Administration. The bull case price target on Tesla was pushed up to $650.</p><p>Tesla continues to be <strong>Piper Sandler</strong>&#39;s &#34;#1 buy-and-hold idea,&#34; as the firm raised its price target for the stock from $315 to $500. The firm’s analysts believe investors are beginning to appreciate Tesla&#39;s potential in &#34;real-world A.I.,&#34; which is driving portfolio managers to consider upside scenarios more seriously.</p><h4 id=\"id_1883715770\">Bears</h4><p><strong>Wells Fargo</strong> reaffirmed on its bearish Tesla call, ignoring the stock&#39;s rally and as a reminder to investors that bears still persevere on Wall Street. Despite the underweight rating, the bank forecasts Tesla shares will collapse another 70% to $125 this year.</p><p style=\"text-align: start;\">Wells Fargo&#39;s analyst commented that the grim prediction is driven by weak business fundamentals. They point to Tesla&#39;s struggles to prop up vehicle deliveries despite deep discounts, and they warn about fierce competition from Chinese EV players. The analyst added that the potential to repeal the Inflation Reduction Act tax credits may impact a serious threat to Tesla&#39;s pricing power and U.S. market demand.</p><p style=\"text-align: start;\">Also, Tesla&#39;s futuristic CyberCab and humanoid robot Optimus fail to impress Wells Fargo. These innovations have always been exciting, but the bank warns they are in development and are still incredibly expensive, even though they are operational in some form.</p><p><strong>Bank of America</strong> downgraded Tesla from Buy to Neutral. The investment company expressed worries about Tesla&#39;s high valuation and possible difficulties carrying out its bold initiatives.</p><p style=\"text-align: start;\">With much of Tesla&#39;s growth potentialincluding developments in autonomous driving, energy storage, and roboticsincluding already reflected in the stock&#39;s current valuation. Bank of America analysts set a price target of $490. The company also underlined regulatory uncertainty as a further threat to its future.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189909655","content_text":"Tesla's Q4 revenue is expected to be $27.195 billion, adjusted net income is $2.66 billion, and adjusted EPS is $0.748, according to Bloomberg's consistent expectations.Tesla will post its financial results for the fourth quarter of 2024 after market close on Wednesday, January 29, 2025.Tesla's Q4 revenue is expected to be $27.195 billion, adjusted net income is $2.66 billion, and adjusted EPS is $0.748, according to Bloomberg's consistent expectations.Previous Quarter ReviewTesla reported third-quarter earnings that topped analysts’ estimates even as revenue came in just shy of expectations.Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: 72 cents, adjusted vs. 58 cents expectedRevenue: $25.18 billion vs. $25.37 billion expectedRevenue increased 8% in the quarter from $23.35 billion a year earlier. Net income rose to about $2.17 billion, or 62 cents a share, from $1.85 billion, or 53 cents a share, a year ago.Q4 Results OutlookTesla Reports First-Ever Drop in Annual DeliveriesTesla has posted its fourth-quarter vehicle production and deliveries report. Here are the key numbers:Total deliveries Q4 2024: 495,570Total production Q4 2024: 459,445Total annual deliveries 2024: 1,789,226Total annual production 2024: 1,773,443Results for the quarter represented the first annual drop in delivery numbers for Tesla, which reported 1.81 million deliveries in 2023. It reported 484,507 deliveries in the fourth quarter of 2023.Tesla's Megapack Gains a Sweetener as Car Sales SlowTesla's 4Q earnings appear poised to top consensus, fueled by record-breaking deployments in its energy segment. The ramp-up of its Megapack battery plant in Shanghai -- almost doubling storage deployment to 60 gigawatt-hours -- will likely boost future earnings, with an estimated 30% gross margin outperforming the auto segment. In 1H, Tesla plans to launch an updated Model Y and introduce a new, more affordable model, expanding market reach. The latter's earnings impact will be more pronounced by late 2025.Total auto 4Q gross margin could drop as much as 100 bps from 3Q's 20.1%, but may still be better than 1H24. A production decline in the quarter may suggest preparation for a Model Y refresh.Trump's Policies, Autonomous Vehicle Timelines and 2025 GuidanceTesla stock gained around 63% in 2024, virtually all of that in the fourth quarter, especially after President-elect Donald Trump's election win. Now, investors await Trump administration policy, including possibly dialing back the Inflation Reduction Act and the potential easing of regulations for autonomous vehicles.Analysts generally see the Trump presidency as an overall negative for EVs, but a positive for Tesla. Musk fostered a good relationship with the president-elect after campaigning tirelessly for him throughout the election cycle.Investors also will be looking for updates on autonomous vehicle timelines and 2025 guidance.Tesla influencers gushed over Full Self-Driving v13 following a limited release around Thanksgiving. But since then, a wider FSD v13 rollout suggests no major step toward self-driving.Musk has said he expects FSD to achieve true self-driving by mid-2025, though he's said similar \"this year\" or \"next year\" statements for about a decade.In addition, Tesla's guidance for 2025 is an important factor affecting the stock price.Analyst's opinionsBullsMorgan Stanley believes Tesla shares have significant upside as the company rolls out a fleet of autonomous cars, or robotaxis, that run on artificial intelligence.Adam Jonas, Morgan Stanley's high-profile auto analyst and a TSLA bull, increased his Tesla stock price target to 430 from 400, keeping an overweight rating on the shares, which remain a \"top pick\" for the firm. The firm also sees a bull case in which Tesla’s stock could ultimately double to $800 per share.Wedbush Securities hiked its base case price target on Tesla to $550 from $515 on its view that the golden age of autonomous, FSD, and Optimus has arrived. The firm has growing confidence in the demand delivery story for 2025 along with a fast tracking of the autonomous future under the Trump Administration. The bull case price target on Tesla was pushed up to $650.Tesla continues to be Piper Sandler's \"#1 buy-and-hold idea,\" as the firm raised its price target for the stock from $315 to $500. The firm’s analysts believe investors are beginning to appreciate Tesla's potential in \"real-world A.I.,\" which is driving portfolio managers to consider upside scenarios more seriously.BearsWells Fargo reaffirmed on its bearish Tesla call, ignoring the stock's rally and as a reminder to investors that bears still persevere on Wall Street. Despite the underweight rating, the bank forecasts Tesla shares will collapse another 70% to $125 this year.Wells Fargo's analyst commented that the grim prediction is driven by weak business fundamentals. They point to Tesla's struggles to prop up vehicle deliveries despite deep discounts, and they warn about fierce competition from Chinese EV players. The analyst added that the potential to repeal the Inflation Reduction Act tax credits may impact a serious threat to Tesla's pricing power and U.S. market demand.Also, Tesla's futuristic CyberCab and humanoid robot Optimus fail to impress Wells Fargo. These innovations have always been exciting, but the bank warns they are in development and are still incredibly expensive, even though they are operational in some form.Bank of America downgraded Tesla from Buy to Neutral. The investment company expressed worries about Tesla's high valuation and possible difficulties carrying out its bold initiatives.With much of Tesla's growth potentialincluding developments in autonomous driving, energy storage, and roboticsincluding already reflected in the stock's current valuation. Bank of America analysts set a price target of $490. The company also underlined regulatory uncertainty as a further threat to its future.","news_type":1,"symbols_score_info":{"TSLA":1.1}},"isVote":1,"tweetType":1,"viewCount":1203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":407139828285536,"gmtCreate":1740417252381,"gmtModify":1740418738504,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4109249043338710","idStr":"4109249043338710"},"themes":[],"htmlText":"Pls try harder....F shorty. FU","listText":"Pls try harder....F shorty. FU","text":"Pls try harder....F shorty. FU","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/407139828285536","repostId":"2514776120","repostType":2,"isVote":1,"tweetType":1,"viewCount":1064,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":407110653833544,"gmtCreate":1740410321269,"gmtModify":1740410431310,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4109249043338710","idStr":"4109249043338710"},"themes":[],"htmlText":"Stop stirring shit u mother F. U are obviously a Tesla hater","listText":"Stop stirring shit u mother F. U are obviously a Tesla hater","text":"Stop stirring shit u mother F. U are obviously a Tesla hater","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/407110653833544","repostId":"2513572060","repostType":2,"isVote":1,"tweetType":1,"viewCount":787,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":406590901920048,"gmtCreate":1740292963961,"gmtModify":1740292967685,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4109249043338710","idStr":"4109249043338710"},"themes":[],"htmlText":"Sour grape","listText":"Sour grape","text":"Sour grape","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/406590901920048","repostId":"2513200544","repostType":2,"isVote":1,"tweetType":1,"viewCount":818,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":406246020956496,"gmtCreate":1740169759518,"gmtModify":1740169763118,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4109249043338710","idStr":"4109249043338710"},"themes":[],"htmlText":"We already know this news. So FO","listText":"We already know this news. So FO","text":"We already know this news. So FO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/406246020956496","repostId":"2513214774","repostType":2,"isVote":1,"tweetType":1,"viewCount":945,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":406063434220000,"gmtCreate":1740164289953,"gmtModify":1740173788782,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4109249043338710","idStr":"4109249043338710"},"themes":[],"htmlText":"So? Mind yr own F biz","listText":"So? Mind yr own F biz","text":"So? Mind yr own F biz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/406063434220000","repostId":"2513216495","repostType":2,"isVote":1,"tweetType":1,"viewCount":1200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":406162273026312,"gmtCreate":1740155885633,"gmtModify":1740156517506,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4109249043338710","idStr":"4109249043338710"},"themes":[],"htmlText":"Sour grape....Go F yrselve","listText":"Sour grape....Go F yrselve","text":"Sour grape....Go F yrselve","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/406162273026312","repostId":"2513975542","repostType":2,"isVote":1,"tweetType":1,"viewCount":702,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":413538387624200,"gmtCreate":1741955389676,"gmtModify":1741957786969,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4109249043338710","idStr":"4109249043338710"},"themes":[],"htmlText":"Can see that you are hater for Tesla. If I am yr friend I will not only end the friend ship. I will even beat u up","listText":"Can see that you are hater for Tesla. If I am yr friend I will not only end the friend ship. I will even beat u up","text":"Can see that you are hater for Tesla. If I am yr friend I will not only end the friend ship. I will even beat u up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/413538387624200","repostId":"2519808279","repostType":2,"repost":{"id":"2519808279","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1741953000,"share":"https://ttm.financial/m/news/2519808279?lang=en_US&edition=fundamental","pubTime":"2025-03-14 19:50","market":"sh","language":"en","title":"'He claims to be a nihilist': I told my friend to sell his Tesla shares. He stopped speaking to me. Is that normal?","url":"https://stock-news.laohu8.com/highlight/detail?id=2519808279","media":"Dow Jones","summary":"'I've been trying to get him to diversify his retirement portfolio'. I have or had a friend who owned two Teslas, and had his entire stock in Tesla. He is a Democrat and he claims to be a nihilist. I don't see how one can identify as a nihilist and also try to save the environment. In any case, I had been trying to get him to diversify his retirement portfolio.I told him, \"If you are able, I think you should get out of Tesla. It's not that the company won't be able to recover - it might - but considering everything else, why would anyone stay vested in Tesla?\" This largely random subject caused us to cease communications.Tesla's acceleration is amazing, but that is a small sacrifice. Other companies offer hybrids and EVs. Are MAGA supporters going to take up the slack in sales?Yet he stopped speaking to me. Is that normal?You are hardly a lone voice when it comes to your opinion on Tesla's stock uncertain future, at least in the short term. On Tuesday, Trump bought a Tesla after p","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW 'He claims to be a nihilist': I told my friend to sell his Tesla shares. He stopped speaking to me. Is that normal?\n</p>\n<p>\n  By Quentin Fottrell \n</p>\n<p>\n     'I've been trying to get him to diversify his retirement portfolio' \n</p>\n<p>\n     Dear Quentin, \n</p>\n<p>\n     I have or had a friend who owned two Teslas, and had his entire stock in Tesla. He is a Democrat and he claims to be a nihilist. I don't see how one can identify as a nihilist and also try to save the environment. In any case, I had been trying to get him to diversify his retirement portfolio. \n</p>\n<p>\n     I told him, \"If you are able, I think you should get out of Tesla. It's not that the company won't be able to recover - it might - but considering everything else, why would anyone stay vested in Tesla?\" This largely random subject caused us to cease communications. \n</p>\n<p>\n     Tesla's acceleration is amazing, but that is a small sacrifice. Other companies offer hybrids and EVs. Are MAGA supporters going to take up the slack in sales? I doubt it. I was a lifelong Republican before Trump, so my comments to my (former) friend were not political. \n</p>\n<p>\n     Yet he stopped speaking to me. Is that normal? \n</p>\n<p>\n     Former Friend \n</p>\n<p>\n     Related: I'm a Democrat who drives a Tesla. A guy shouted abuse at me for driving a car made by Elon Musk. Should I sell my car? \n</p>\n<p>\n     Dear Friend, \n</p>\n<p>\n     Your friend hailed a robotaxi, and drove directly out of the friendzone. \n</p>\n<p>\n     If your friendship was strong and close, even a clumsily-worded piece of unsolicited advice about his Tesla stock should not be enough to break it, regardless of whether he is a Democrat or a Republican. He may have thought you were making a political point, even if you had no intention of doing so. Generally, when it comes to finance and politics, unsolicited opinions can go down like Tesla's stock. \n</p>\n<p>\n     To your point: Even if you are a diehard MAGA supporter and a Tesla fan, you may look at Musk's attention being diverted away from the company, which Musk himself has acknowledged. He may see that it has, by virtue of Musk's role cutting federal spending with the Department of Government Efficiency and reason, \"This is going to hurt sales.\" And sell. Politics aside, people sell stocks if they believe they'll lose money. \n</p>\n<p>\n     The most recent, drastic slide in Elon Musk's electric-vehicle company should be taken in context. Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> is down nearly 50% from $477 at the end of last year to $240 currently, but it's still higher than the $170 at this time last year. And if you're a medium- or long-term investor, you're still in the green: Lest we forget that the stock was hovering at around $23 five years ago. It may, of course, still have a long way to go. \n</p>\n<p>\n     Related: Has Tesla stock hit bottom? Here's what the options market is saying. \n</p>\n<p>\n     Tesla 'shocking' sales decline \n</p>\n<p>\n     You are hardly a lone voice when it comes to your opinion on Tesla's stock uncertain future, at least in the short term. On Tuesday, Trump bought a Tesla after parading a group of the electric vehicles on the South Lawn of the White House in a show of support for Musk. That may end up being a black eye for Musk: Trump supporters will probably like the stunt, but Democrats who have ignored the brouhaha until now could feel more pressured to choose another EV. \n</p>\n<p>\n     Overseas sales are also a concern. Tesla sold 7,517 cars in Europe in January 2025 - down over 50% on the same time last year, according to the European Automobile Manufacturers' Association. EV sales are strong in China, but Tesla sales there are falling. MAGA's policies - from Trump's desire to purchase Greenland to Musk's support for Germany's hard-right Alternative fur Deutschland party - have not endeared him to Europeans. The U.S.-led trade war has not helped either. \n</p>\n<p>\n     It's no wonder your friend is sensitive. Wells Fargo <a href=\"https://laohu8.com/S/WFC\">$(WFC)$</a> analyst Colin Langan, in an analyst note on Friday, described Tesl'a sales decline as \"shocking.\" Your friend holds a stock that has 1) become highly politicized and 2) his holding has been suffering of late as a result. Some 85% of clients of Morgan Stanley auto analyst Adam Jonas, in a 245-person survey this week, said they believe Musk's political activities are hurting Tesla. They agreed with the statement that his political activism had either a \"negative\" or \"extremely negative\" effect on the business. \n</p>\n<p>\n     President Trump paraded a group of Teslas on the South Lawn of the White House. That may end up being a black eye for Elon Musk. \n</p>\n<p>\n     In California, the largest market for Tesla in the U.S., sales have also fallen. \"Tesla's dominance in the electric-vehicle market continues to falter as the brand reported its fifth consecutive quarterly registration decline,\" according to the California New Car Dealers Association. Tesla's registrations fell 7.8% in the fourth quarter of 2024, bringing the total decline in 2024 to 11.6%. \n</p>\n<p>\n     Several analysts have said the Tesla slide is not nearly over yet. J.P. Morgan auto analyst Ryan Brinkman slashed his forecast for first-quarter deliveries by 20%, to 355,000 from 444,000, and cut his price target to $120 from $135. \"We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,\" Brinkman wrote. \n</p>\n<p>\n     Tesla is still considered among the \"Magnificent Seven\" of tech stocks, which also include Alphabet <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> , Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, Meta <a href=\"https://laohu8.com/S/META\">$(META)$</a>, Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> and Nvidia <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a>.  But some observers, including Barron's columnist Al Root, believe Tesla does not belong in that group. \"Tesla's market value is no longer in the top seven among S&amp;P 500 SPX,\" Root writes. The other six are \"profit machines,\" he adds, while Tesla trades for 85 times earnings, down from 200 times three months ago. \n</p>\n<p>\n     Related: 'Is it finally time to freak out?' I'm in my 50s and worried about the $650K in my 401(k). \n</p>\n<p>\n     Finance and friendship \n</p>\n<p>\n     There's another uncomfortable reality that your friend may not be ready to face: Musk, who is also the CEO and founder of SpaceX and purchased Twitter for $44 billion in 2022 - rebranding it as X - has something of a fanatical following or, put another way, investors who believe in his dreams. And yet he is, many analysts argue, also the main cause of the current turmoil for the stock. For his fans, that's a hard pill to swallow. Your friend, given his exposure to Tesla, may be one of those fans. \n</p>\n<p>\n     Finance and friendship don't always make good bedfellows. I'm reminded of this couple whose neighbors introduced them to a financial adviser. The letter writers took the adviser's advice, invested in the market and drove an old car - not a Tesla - while their neighbors lived the high life. They announced they were retiring early. Their neighbors couldn't reconcile this news with their own financial hubris, and they stopped speaking to them. \n</p>\n<p>\n     By giving your friend advice about his Tesla stock, which may have been already weighing heavily on his mind, he may have felt exposed - diversify, diversify, diversify are the first three rules of investing - and could also have felt judged. In 2025, the cars people drive and even the stocks they own have become politicized. Nihilism, the belief that nothing has meaning or purpose, exists on a sliding scale. As does tact. It's always better to ask: \"Could I give you some advice?\" \n</p>\n<p>\n     It may help soften the blow, but the blow may still end the friendship. \n</p>\n<p>\n     Related: 'It's been a scary ride': My family has $800K in stocks. We lost 2 years of market gains in a few weeks. Do we sell - or buy? \n</p>\n<p>\n     You can email The Moneyist with any financial and ethical questions at qfottrell@marketwatch.com, and follow Quentin Fottrell on X, the platform formerly known as Twitter. \n</p>\n<p>\n     More columns from Quentin Fottrell: \n</p>\n<p>\n     'I'm deeply disturbed': My portfolio lost 20%. With Trump's trade war, do I sell my stocks and buy gold? \n</p>\n<p>\n     America's job market is eerily similar to the 1990s dot-com bubble - and, yes, it's a worry \n</p>\n<p>\n     Egg prices represent the cracks in the facade of America's economic wellbeing \n</p>\n<p>\n     The Moneyist regrets he cannot respond to letters individually.Check out The Moneyist's private Facebook group, where members help answer life's thorniest money issues. Post your questions, or weigh in on the latest Moneyist columns. \n</p>\n<p>\n     By emailing your questions to The Moneyist or posting your dilemmas on The Moneyist Facebook group, you agree to have them published anonymously on MarketWatch. \n</p>\n<p>\n     By submitting your story to Dow Jones &amp; Co., the publisher of MarketWatch, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. \n</p>\n<p>\n     -Quentin Fottrell \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 14, 2025 07:50 ET (11:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'He claims to be a nihilist': I told my friend to sell his Tesla shares. He stopped speaking to me. Is that normal?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'He claims to be a nihilist': I told my friend to sell his Tesla shares. He stopped speaking to me. Is that normal?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-14 19:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW 'He claims to be a nihilist': I told my friend to sell his Tesla shares. He stopped speaking to me. Is that normal?\n</p>\n<p>\n  By Quentin Fottrell \n</p>\n<p>\n     'I've been trying to get him to diversify his retirement portfolio' \n</p>\n<p>\n     Dear Quentin, \n</p>\n<p>\n     I have or had a friend who owned two Teslas, and had his entire stock in Tesla. He is a Democrat and he claims to be a nihilist. I don't see how one can identify as a nihilist and also try to save the environment. In any case, I had been trying to get him to diversify his retirement portfolio. \n</p>\n<p>\n     I told him, \"If you are able, I think you should get out of Tesla. It's not that the company won't be able to recover - it might - but considering everything else, why would anyone stay vested in Tesla?\" This largely random subject caused us to cease communications. \n</p>\n<p>\n     Tesla's acceleration is amazing, but that is a small sacrifice. Other companies offer hybrids and EVs. Are MAGA supporters going to take up the slack in sales? I doubt it. I was a lifelong Republican before Trump, so my comments to my (former) friend were not political. \n</p>\n<p>\n     Yet he stopped speaking to me. Is that normal? \n</p>\n<p>\n     Former Friend \n</p>\n<p>\n     Related: I'm a Democrat who drives a Tesla. A guy shouted abuse at me for driving a car made by Elon Musk. Should I sell my car? \n</p>\n<p>\n     Dear Friend, \n</p>\n<p>\n     Your friend hailed a robotaxi, and drove directly out of the friendzone. \n</p>\n<p>\n     If your friendship was strong and close, even a clumsily-worded piece of unsolicited advice about his Tesla stock should not be enough to break it, regardless of whether he is a Democrat or a Republican. He may have thought you were making a political point, even if you had no intention of doing so. Generally, when it comes to finance and politics, unsolicited opinions can go down like Tesla's stock. \n</p>\n<p>\n     To your point: Even if you are a diehard MAGA supporter and a Tesla fan, you may look at Musk's attention being diverted away from the company, which Musk himself has acknowledged. He may see that it has, by virtue of Musk's role cutting federal spending with the Department of Government Efficiency and reason, \"This is going to hurt sales.\" And sell. Politics aside, people sell stocks if they believe they'll lose money. \n</p>\n<p>\n     The most recent, drastic slide in Elon Musk's electric-vehicle company should be taken in context. Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> is down nearly 50% from $477 at the end of last year to $240 currently, but it's still higher than the $170 at this time last year. And if you're a medium- or long-term investor, you're still in the green: Lest we forget that the stock was hovering at around $23 five years ago. It may, of course, still have a long way to go. \n</p>\n<p>\n     Related: Has Tesla stock hit bottom? Here's what the options market is saying. \n</p>\n<p>\n     Tesla 'shocking' sales decline \n</p>\n<p>\n     You are hardly a lone voice when it comes to your opinion on Tesla's stock uncertain future, at least in the short term. On Tuesday, Trump bought a Tesla after parading a group of the electric vehicles on the South Lawn of the White House in a show of support for Musk. That may end up being a black eye for Musk: Trump supporters will probably like the stunt, but Democrats who have ignored the brouhaha until now could feel more pressured to choose another EV. \n</p>\n<p>\n     Overseas sales are also a concern. Tesla sold 7,517 cars in Europe in January 2025 - down over 50% on the same time last year, according to the European Automobile Manufacturers' Association. EV sales are strong in China, but Tesla sales there are falling. MAGA's policies - from Trump's desire to purchase Greenland to Musk's support for Germany's hard-right Alternative fur Deutschland party - have not endeared him to Europeans. The U.S.-led trade war has not helped either. \n</p>\n<p>\n     It's no wonder your friend is sensitive. Wells Fargo <a href=\"https://laohu8.com/S/WFC\">$(WFC)$</a> analyst Colin Langan, in an analyst note on Friday, described Tesl'a sales decline as \"shocking.\" Your friend holds a stock that has 1) become highly politicized and 2) his holding has been suffering of late as a result. Some 85% of clients of Morgan Stanley auto analyst Adam Jonas, in a 245-person survey this week, said they believe Musk's political activities are hurting Tesla. They agreed with the statement that his political activism had either a \"negative\" or \"extremely negative\" effect on the business. \n</p>\n<p>\n     President Trump paraded a group of Teslas on the South Lawn of the White House. That may end up being a black eye for Elon Musk. \n</p>\n<p>\n     In California, the largest market for Tesla in the U.S., sales have also fallen. \"Tesla's dominance in the electric-vehicle market continues to falter as the brand reported its fifth consecutive quarterly registration decline,\" according to the California New Car Dealers Association. Tesla's registrations fell 7.8% in the fourth quarter of 2024, bringing the total decline in 2024 to 11.6%. \n</p>\n<p>\n     Several analysts have said the Tesla slide is not nearly over yet. J.P. Morgan auto analyst Ryan Brinkman slashed his forecast for first-quarter deliveries by 20%, to 355,000 from 444,000, and cut his price target to $120 from $135. \"We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,\" Brinkman wrote. \n</p>\n<p>\n     Tesla is still considered among the \"Magnificent Seven\" of tech stocks, which also include Alphabet <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> , Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a>, Meta <a href=\"https://laohu8.com/S/META\">$(META)$</a>, Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> and Nvidia <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a>.  But some observers, including Barron's columnist Al Root, believe Tesla does not belong in that group. \"Tesla's market value is no longer in the top seven among S&amp;P 500 SPX,\" Root writes. The other six are \"profit machines,\" he adds, while Tesla trades for 85 times earnings, down from 200 times three months ago. \n</p>\n<p>\n     Related: 'Is it finally time to freak out?' I'm in my 50s and worried about the $650K in my 401(k). \n</p>\n<p>\n     Finance and friendship \n</p>\n<p>\n     There's another uncomfortable reality that your friend may not be ready to face: Musk, who is also the CEO and founder of SpaceX and purchased Twitter for $44 billion in 2022 - rebranding it as X - has something of a fanatical following or, put another way, investors who believe in his dreams. And yet he is, many analysts argue, also the main cause of the current turmoil for the stock. For his fans, that's a hard pill to swallow. Your friend, given his exposure to Tesla, may be one of those fans. \n</p>\n<p>\n     Finance and friendship don't always make good bedfellows. I'm reminded of this couple whose neighbors introduced them to a financial adviser. The letter writers took the adviser's advice, invested in the market and drove an old car - not a Tesla - while their neighbors lived the high life. They announced they were retiring early. Their neighbors couldn't reconcile this news with their own financial hubris, and they stopped speaking to them. \n</p>\n<p>\n     By giving your friend advice about his Tesla stock, which may have been already weighing heavily on his mind, he may have felt exposed - diversify, diversify, diversify are the first three rules of investing - and could also have felt judged. In 2025, the cars people drive and even the stocks they own have become politicized. Nihilism, the belief that nothing has meaning or purpose, exists on a sliding scale. As does tact. It's always better to ask: \"Could I give you some advice?\" \n</p>\n<p>\n     It may help soften the blow, but the blow may still end the friendship. \n</p>\n<p>\n     Related: 'It's been a scary ride': My family has $800K in stocks. We lost 2 years of market gains in a few weeks. Do we sell - or buy? \n</p>\n<p>\n     You can email The Moneyist with any financial and ethical questions at qfottrell@marketwatch.com, and follow Quentin Fottrell on X, the platform formerly known as Twitter. \n</p>\n<p>\n     More columns from Quentin Fottrell: \n</p>\n<p>\n     'I'm deeply disturbed': My portfolio lost 20%. With Trump's trade war, do I sell my stocks and buy gold? \n</p>\n<p>\n     America's job market is eerily similar to the 1990s dot-com bubble - and, yes, it's a worry \n</p>\n<p>\n     Egg prices represent the cracks in the facade of America's economic wellbeing \n</p>\n<p>\n     The Moneyist regrets he cannot respond to letters individually.Check out The Moneyist's private Facebook group, where members help answer life's thorniest money issues. Post your questions, or weigh in on the latest Moneyist columns. \n</p>\n<p>\n     By emailing your questions to The Moneyist or posting your dilemmas on The Moneyist Facebook group, you agree to have them published anonymously on MarketWatch. \n</p>\n<p>\n     By submitting your story to Dow Jones &amp; Co., the publisher of MarketWatch, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. \n</p>\n<p>\n     -Quentin Fottrell \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 14, 2025 07:50 ET (11:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDY":"NVDA期权收益策略ETF-YieldMax","2NVD.UK":"2X NVIDIA ETP","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU1564329628.SGD":"Blackrock Dynamic High Income A2 SGD-H","NVDD":"1倍做空NVDA ETF-Direxion","BK4207":"综合性银行","TSLA":"特斯拉","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU1670711123.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) INC","MACW.SI":"APPLE 3xLongSG261006","LU2041044095.USD":"Blackrock Circular Economy A2 USD","NVIW.SI":"NVDA 3xLongSG261006","USAW.SI":"AMZN 3xLongSG261006","TSYW.SI":"TESLA 3xLongSG261006","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","NVD3.UK":"LS 3X NVIDIA","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU0342679015.USD":"ALLIANZ GLOBAL EQUITY UNCONSTRAINED \"AT\" (USD) ACC","BK4567":"ESG概念","LU2242650005.HKD":"FIDELITY FUNDS GLOBAL MULTI ASSET DYNAMIC \"A\" (HKD) ACC","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1235295455.SGD":"Fidelity Global Multi Asset Growth & Income A-ACC-SGD","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","3NVD.UK":"LS 3X NVIDIA","NVDS.UK":"LS -1X NVIDIA","NVDS":"1.5倍做空NVDA ETF-Tradr","TSLL":"2倍做多TSLA ETF-Direxion","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","SNVD.UK":"LS -1X NVIDIA","NVDU":"2倍做多NVDA ETF-Direxion","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","NVD2.UK":"2X NVIDIA ETP","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","BK4515":"5G概念","LU0109392836.USD":"富兰克林科技股A","LU1043141123.HKD":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (HKD) INC 2","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2519808279","content_text":"MW 'He claims to be a nihilist': I told my friend to sell his Tesla shares. He stopped speaking to me. Is that normal?\n\n\n  By Quentin Fottrell \n\n\n     'I've been trying to get him to diversify his retirement portfolio' \n\n\n     Dear Quentin, \n\n\n     I have or had a friend who owned two Teslas, and had his entire stock in Tesla. He is a Democrat and he claims to be a nihilist. I don't see how one can identify as a nihilist and also try to save the environment. In any case, I had been trying to get him to diversify his retirement portfolio. \n\n\n     I told him, \"If you are able, I think you should get out of Tesla. It's not that the company won't be able to recover - it might - but considering everything else, why would anyone stay vested in Tesla?\" This largely random subject caused us to cease communications. \n\n\n     Tesla's acceleration is amazing, but that is a small sacrifice. Other companies offer hybrids and EVs. Are MAGA supporters going to take up the slack in sales? I doubt it. I was a lifelong Republican before Trump, so my comments to my (former) friend were not political. \n\n\n     Yet he stopped speaking to me. Is that normal? \n\n\n     Former Friend \n\n\n     Related: I'm a Democrat who drives a Tesla. A guy shouted abuse at me for driving a car made by Elon Musk. Should I sell my car? \n\n\n     Dear Friend, \n\n\n     Your friend hailed a robotaxi, and drove directly out of the friendzone. \n\n\n     If your friendship was strong and close, even a clumsily-worded piece of unsolicited advice about his Tesla stock should not be enough to break it, regardless of whether he is a Democrat or a Republican. He may have thought you were making a political point, even if you had no intention of doing so. Generally, when it comes to finance and politics, unsolicited opinions can go down like Tesla's stock. \n\n\n     To your point: Even if you are a diehard MAGA supporter and a Tesla fan, you may look at Musk's attention being diverted away from the company, which Musk himself has acknowledged. He may see that it has, by virtue of Musk's role cutting federal spending with the Department of Government Efficiency and reason, \"This is going to hurt sales.\" And sell. Politics aside, people sell stocks if they believe they'll lose money. \n\n\n     The most recent, drastic slide in Elon Musk's electric-vehicle company should be taken in context. Tesla $(TSLA)$ is down nearly 50% from $477 at the end of last year to $240 currently, but it's still higher than the $170 at this time last year. And if you're a medium- or long-term investor, you're still in the green: Lest we forget that the stock was hovering at around $23 five years ago. It may, of course, still have a long way to go. \n\n\n     Related: Has Tesla stock hit bottom? Here's what the options market is saying. \n\n\n     Tesla 'shocking' sales decline \n\n\n     You are hardly a lone voice when it comes to your opinion on Tesla's stock uncertain future, at least in the short term. On Tuesday, Trump bought a Tesla after parading a group of the electric vehicles on the South Lawn of the White House in a show of support for Musk. That may end up being a black eye for Musk: Trump supporters will probably like the stunt, but Democrats who have ignored the brouhaha until now could feel more pressured to choose another EV. \n\n\n     Overseas sales are also a concern. Tesla sold 7,517 cars in Europe in January 2025 - down over 50% on the same time last year, according to the European Automobile Manufacturers' Association. EV sales are strong in China, but Tesla sales there are falling. MAGA's policies - from Trump's desire to purchase Greenland to Musk's support for Germany's hard-right Alternative fur Deutschland party - have not endeared him to Europeans. The U.S.-led trade war has not helped either. \n\n\n     It's no wonder your friend is sensitive. Wells Fargo $(WFC)$ analyst Colin Langan, in an analyst note on Friday, described Tesl'a sales decline as \"shocking.\" Your friend holds a stock that has 1) become highly politicized and 2) his holding has been suffering of late as a result. Some 85% of clients of Morgan Stanley auto analyst Adam Jonas, in a 245-person survey this week, said they believe Musk's political activities are hurting Tesla. They agreed with the statement that his political activism had either a \"negative\" or \"extremely negative\" effect on the business. \n\n\n     President Trump paraded a group of Teslas on the South Lawn of the White House. That may end up being a black eye for Elon Musk. \n\n\n     In California, the largest market for Tesla in the U.S., sales have also fallen. \"Tesla's dominance in the electric-vehicle market continues to falter as the brand reported its fifth consecutive quarterly registration decline,\" according to the California New Car Dealers Association. Tesla's registrations fell 7.8% in the fourth quarter of 2024, bringing the total decline in 2024 to 11.6%. \n\n\n     Several analysts have said the Tesla slide is not nearly over yet. J.P. Morgan auto analyst Ryan Brinkman slashed his forecast for first-quarter deliveries by 20%, to 355,000 from 444,000, and cut his price target to $120 from $135. \"We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly,\" Brinkman wrote. \n\n\n     Tesla is still considered among the \"Magnificent Seven\" of tech stocks, which also include Alphabet $(GOOGL)$ , Amazon $(AMZN)$, Apple $(AAPL)$, Meta $(META)$, Microsoft $(MSFT)$ and Nvidia $(NVDA)$.  But some observers, including Barron's columnist Al Root, believe Tesla does not belong in that group. \"Tesla's market value is no longer in the top seven among S&P 500 SPX,\" Root writes. The other six are \"profit machines,\" he adds, while Tesla trades for 85 times earnings, down from 200 times three months ago. \n\n\n     Related: 'Is it finally time to freak out?' I'm in my 50s and worried about the $650K in my 401(k). \n\n\n     Finance and friendship \n\n\n     There's another uncomfortable reality that your friend may not be ready to face: Musk, who is also the CEO and founder of SpaceX and purchased Twitter for $44 billion in 2022 - rebranding it as X - has something of a fanatical following or, put another way, investors who believe in his dreams. And yet he is, many analysts argue, also the main cause of the current turmoil for the stock. For his fans, that's a hard pill to swallow. Your friend, given his exposure to Tesla, may be one of those fans. \n\n\n     Finance and friendship don't always make good bedfellows. I'm reminded of this couple whose neighbors introduced them to a financial adviser. The letter writers took the adviser's advice, invested in the market and drove an old car - not a Tesla - while their neighbors lived the high life. They announced they were retiring early. Their neighbors couldn't reconcile this news with their own financial hubris, and they stopped speaking to them. \n\n\n     By giving your friend advice about his Tesla stock, which may have been already weighing heavily on his mind, he may have felt exposed - diversify, diversify, diversify are the first three rules of investing - and could also have felt judged. In 2025, the cars people drive and even the stocks they own have become politicized. Nihilism, the belief that nothing has meaning or purpose, exists on a sliding scale. As does tact. It's always better to ask: \"Could I give you some advice?\" \n\n\n     It may help soften the blow, but the blow may still end the friendship. \n\n\n     Related: 'It's been a scary ride': My family has $800K in stocks. We lost 2 years of market gains in a few weeks. Do we sell - or buy? \n\n\n     You can email The Moneyist with any financial and ethical questions at qfottrell@marketwatch.com, and follow Quentin Fottrell on X, the platform formerly known as Twitter. \n\n\n     More columns from Quentin Fottrell: \n\n\n     'I'm deeply disturbed': My portfolio lost 20%. With Trump's trade war, do I sell my stocks and buy gold? \n\n\n     America's job market is eerily similar to the 1990s dot-com bubble - and, yes, it's a worry \n\n\n     Egg prices represent the cracks in the facade of America's economic wellbeing \n\n\n     The Moneyist regrets he cannot respond to letters individually.Check out The Moneyist's private Facebook group, where members help answer life's thorniest money issues. Post your questions, or weigh in on the latest Moneyist columns. \n\n\n     By emailing your questions to The Moneyist or posting your dilemmas on The Moneyist Facebook group, you agree to have them published anonymously on MarketWatch. \n\n\n     By submitting your story to Dow Jones & Co., the publisher of MarketWatch, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties. \n\n\n     -Quentin Fottrell \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 14, 2025 07:50 ET (11:50 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"2NVD.UK":0.6,"TSLA":1,"TSYW.SI":0.6,"NVDU":0.6,"NVD2.UK":0.6,"NVDS.UK":0.6,"SNVD.UK":0.6,"3NVD.UK":0.6,"MACW.SI":0.6,"NVDY":0.6,"NVDD":0.6,"NVIW.SI":0.6,"NVD3.UK":0.6,"USAW.SI":0.6,"NVDS":0.6,"TSLL":1}},"isVote":1,"tweetType":1,"viewCount":1941,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":408160580710584,"gmtCreate":1740669501319,"gmtModify":1740669505830,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4109249043338710","idStr":"4109249043338710"},"themes":[],"htmlText":"Fact of life. This is called Sour grapes","listText":"Fact of life. This is called Sour grapes","text":"Fact of life. This is called Sour grapes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/408160580710584","repostId":"2514898953","repostType":2,"isVote":1,"tweetType":1,"viewCount":876,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":413027800891552,"gmtCreate":1741869719307,"gmtModify":1741870808892,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4109249043338710","idStr":"4109249043338710"},"themes":[],"htmlText":"So what has this got to do with Tesla???? Try harder to stir shit here","listText":"So what has this got to do with Tesla???? Try harder to stir shit here","text":"So what has this got to do with Tesla???? Try harder to stir shit here","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/413027800891552","repostId":"2519836789","repostType":2,"repost":{"id":"2519836789","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1741869180,"share":"https://ttm.financial/m/news/2519836789?lang=en_US&edition=fundamental","pubTime":"2025-03-13 20:33","market":"fut","language":"en","title":"New report casts significant doubt on Musk and Trump's government-fraud claims","url":"https://stock-news.laohu8.com/highlight/detail?id=2519836789","media":"Dow Jones","summary":"Yet another setback for Elon Musk's claim of a $1 trillion 'DOGE dividend'. Less than a day after Elon Musk promised to find $1 trillion in free money by cutting \"fraud and waste\" from the federal government - an amount equal to about one federal dollar in seven - his claim has been undercut by yet another government report.Total federal \"improper payments\" last year came to $162 billion, according to figures released by the Government Accountability Office.And the Biden administration had already slashed that figure by a third, or $74 billion, from the year before, as pandemic-era programs were wound down, the GAO added.The further you look into the report, the worse news becomes for everyone who had already been planning out how to spend their share of the so-called DOGE dividend.For instance, the GAO's \"improper payments\" figure included $7.9 billion in underpayments, which is where the federal government failed to pay people what they were owed.But if that seems like an easy way to","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW New report casts significant doubt on Musk and Trump's government-fraud claims\n</p>\n<p>\n  By Brett Arends \n</p>\n<p>\n     Yet another setback for Elon Musk's claim of a $1 trillion 'DOGE dividend' \n</p>\n<p>\n     Less than a day after Elon Musk promised to find $1 trillion in free money by cutting \"fraud and waste\" from the federal government - an amount equal to about one federal dollar in seven - his claim has been undercut by yet another government report. \n</p>\n<p>\n     Total federal \"improper payments\" last year came to $162 billion, according to figures released by the Government Accountability Office. \n</p>\n<p>\n     And the Biden administration had already slashed that figure by a third, or $74 billion, from the year before, as pandemic-era programs were wound down, the GAO added. \n</p>\n<p>\n     The further you look into the report, the worse news becomes for everyone who had already been planning out how to spend their share of the so-called DOGE dividend. \n</p>\n<p>\n     For instance, the GAO's \"improper payments\" figure included $7.9 billion in underpayments, which is where the federal government failed to pay people what they were owed. \n</p>\n<p>\n     Deduct that figure from the total - and pay that money out, as intended - and the total savings Uncle Sam could have achieved last year by perfect accounting would have come to $146.2 billion, the GAO numbers show. \n</p>\n<p>\n     Oh, and even this includes $12.6 billion in so-called unknown payments, which the GAO says is where it is \"unclear whether a payment was an error or not.\" So these might not be overpayments at all, either. \n</p>\n<p>\n     But even if we assume all of this is actual fraud and waste, the total was 2% of federal spending, which came to $6.8 trillion last year. So that leaves Musk about $850 billion short of the $1 trillion savings he promised Fox Business host, and former Trump White House economist, Larry Kudlow on Monday night. \n</p>\n<p>\n     For the purposes of illustration, $850 billion is roughly the size of the entire defense department. \n</p>\n<p>\n     Opinion: Elon Musk says federal fraud is bigger than the entire defense budget. Could that actually be true? \n</p>\n<p>\n     On the positive front, the GAO said its improper-payments report did not include any waste, fraud or abuse in the Temporary Assistance for Needy Families program, the Small Business Administration's Shuttered Venue Operators Grants program, or the Department of Housing and Urban Development's Office of Public and Indian Housing's Tenant-Based Rental Assistance. \n</p>\n<p>\n     It's lucky Musk is rocket scientist-adjacent. Maybe one of those people can make his math work. Quantum physics, maybe? \n</p>\n<p>\n     For all of us awaiting Musk's free-money bonanza and the \"DOGE dividend,\" the news gets even worse. \n</p>\n<p>\n     A third of all this excess spending, $54.3 billion, was accounted for by waste, fraud and improperly coded payments in Medicare. \n</p>\n<p>\n     But if that seems like an easy way to cut waste, think again. That figure represents just over 5% of the Medicare budget, which had gross outlays of $1.05 trillion last year. \n</p>\n<p>\n     In comparison, the U.S.'s magnificently efficient private-sector health-insurance companies spend about 12% of their revenues on administrative costs in order to minimize waste, fraud and the like. \n</p>\n<p>\n     So, using the private sector as a benchmark, in order to slash that $54 billion in apparent waste and fraud, we would first have to spend ... er ... $120 billion a year on administrative costs instead. \n</p>\n<p>\n     That would leave us $66 billion worse off, costing the average American household an extra $500 a year. \n</p>\n<p>\n     At this rate, the so-called Department of Government Efficiency's \"dividend\" will end up as a cash call. \n</p>\n<p>\n     The GAO report comes shortly after a government investigation raised new questions about the claim made by Musk and President Donald Trump that vast numbers of dead people are receiving Social Security benefits. The Social Security inspector general found that although there were 760,000 \"dead\" people on the Social Security rolls in Idaho, just 86 of them, or 0.011%, had been sent benefit payments after their deaths. \n</p>\n<p>\n     Total savings, by eliminating all 86 of these overpayments, would come to $611,000 a year. \n</p>\n<p>\n     Musk continues to assert that the federal government doesn't merely include inefficiencies, waste and even fraud but that the sums involved are enormous and egregious, amounting to the biggest scam in American history. \n</p>\n<p>\n     During the Kudlow interview, the Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> and SpaceX CEO and owner of the social-media platform X, claimed the GAO recently found \"half a trillion dollars\" in annual fraud in federal spending. Actually, the GAO estimated a wide range, from $233 billion to $521 billion, and said that upper part of the range was heavily influenced by the pandemic years. The latest GAO data, showing a plunge in improper payments as special pandemic-era programs wound down, raise further doubts about how big ongoing fraud might be. \n</p>\n<p>\n     Key Words: LinkedIn co-founder Reid Hoffman has known Elon Musk for years. Here's what he says Americans don't understand about the Tesla CEO. \n</p>\n<p>\n     It remains a mystery why no one else has noticed the enormous fraud that Musk alleges - not only among the GAO staff and all the inspectors-general across the federal government, but among potential whistleblowers, too. Those exposing $1 trillion in fraud in federal spending would be entitled to hundreds of billions of dollars in rewards. For some bizarre reason, no one seems to have wanted the money. \n</p>\n<p>\n     -Brett Arends \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 13, 2025 08:33 ET (12:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>New report casts significant doubt on Musk and Trump's government-fraud claims</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNew report casts significant doubt on Musk and Trump's government-fraud claims\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-13 20:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW New report casts significant doubt on Musk and Trump's government-fraud claims\n</p>\n<p>\n  By Brett Arends \n</p>\n<p>\n     Yet another setback for Elon Musk's claim of a $1 trillion 'DOGE dividend' \n</p>\n<p>\n     Less than a day after Elon Musk promised to find $1 trillion in free money by cutting \"fraud and waste\" from the federal government - an amount equal to about one federal dollar in seven - his claim has been undercut by yet another government report. \n</p>\n<p>\n     Total federal \"improper payments\" last year came to $162 billion, according to figures released by the Government Accountability Office. \n</p>\n<p>\n     And the Biden administration had already slashed that figure by a third, or $74 billion, from the year before, as pandemic-era programs were wound down, the GAO added. \n</p>\n<p>\n     The further you look into the report, the worse news becomes for everyone who had already been planning out how to spend their share of the so-called DOGE dividend. \n</p>\n<p>\n     For instance, the GAO's \"improper payments\" figure included $7.9 billion in underpayments, which is where the federal government failed to pay people what they were owed. \n</p>\n<p>\n     Deduct that figure from the total - and pay that money out, as intended - and the total savings Uncle Sam could have achieved last year by perfect accounting would have come to $146.2 billion, the GAO numbers show. \n</p>\n<p>\n     Oh, and even this includes $12.6 billion in so-called unknown payments, which the GAO says is where it is \"unclear whether a payment was an error or not.\" So these might not be overpayments at all, either. \n</p>\n<p>\n     But even if we assume all of this is actual fraud and waste, the total was 2% of federal spending, which came to $6.8 trillion last year. So that leaves Musk about $850 billion short of the $1 trillion savings he promised Fox Business host, and former Trump White House economist, Larry Kudlow on Monday night. \n</p>\n<p>\n     For the purposes of illustration, $850 billion is roughly the size of the entire defense department. \n</p>\n<p>\n     Opinion: Elon Musk says federal fraud is bigger than the entire defense budget. Could that actually be true? \n</p>\n<p>\n     On the positive front, the GAO said its improper-payments report did not include any waste, fraud or abuse in the Temporary Assistance for Needy Families program, the Small Business Administration's Shuttered Venue Operators Grants program, or the Department of Housing and Urban Development's Office of Public and Indian Housing's Tenant-Based Rental Assistance. \n</p>\n<p>\n     It's lucky Musk is rocket scientist-adjacent. Maybe one of those people can make his math work. Quantum physics, maybe? \n</p>\n<p>\n     For all of us awaiting Musk's free-money bonanza and the \"DOGE dividend,\" the news gets even worse. \n</p>\n<p>\n     A third of all this excess spending, $54.3 billion, was accounted for by waste, fraud and improperly coded payments in Medicare. \n</p>\n<p>\n     But if that seems like an easy way to cut waste, think again. That figure represents just over 5% of the Medicare budget, which had gross outlays of $1.05 trillion last year. \n</p>\n<p>\n     In comparison, the U.S.'s magnificently efficient private-sector health-insurance companies spend about 12% of their revenues on administrative costs in order to minimize waste, fraud and the like. \n</p>\n<p>\n     So, using the private sector as a benchmark, in order to slash that $54 billion in apparent waste and fraud, we would first have to spend ... er ... $120 billion a year on administrative costs instead. \n</p>\n<p>\n     That would leave us $66 billion worse off, costing the average American household an extra $500 a year. \n</p>\n<p>\n     At this rate, the so-called Department of Government Efficiency's \"dividend\" will end up as a cash call. \n</p>\n<p>\n     The GAO report comes shortly after a government investigation raised new questions about the claim made by Musk and President Donald Trump that vast numbers of dead people are receiving Social Security benefits. The Social Security inspector general found that although there were 760,000 \"dead\" people on the Social Security rolls in Idaho, just 86 of them, or 0.011%, had been sent benefit payments after their deaths. \n</p>\n<p>\n     Total savings, by eliminating all 86 of these overpayments, would come to $611,000 a year. \n</p>\n<p>\n     Musk continues to assert that the federal government doesn't merely include inefficiencies, waste and even fraud but that the sums involved are enormous and egregious, amounting to the biggest scam in American history. \n</p>\n<p>\n     During the Kudlow interview, the Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> and SpaceX CEO and owner of the social-media platform X, claimed the GAO recently found \"half a trillion dollars\" in annual fraud in federal spending. Actually, the GAO estimated a wide range, from $233 billion to $521 billion, and said that upper part of the range was heavily influenced by the pandemic years. The latest GAO data, showing a plunge in improper payments as special pandemic-era programs wound down, raise further doubts about how big ongoing fraud might be. \n</p>\n<p>\n     Key Words: LinkedIn co-founder Reid Hoffman has known Elon Musk for years. Here's what he says Americans don't understand about the Tesla CEO. \n</p>\n<p>\n     It remains a mystery why no one else has noticed the enormous fraud that Musk alleges - not only among the GAO staff and all the inspectors-general across the federal government, but among potential whistleblowers, too. Those exposing $1 trillion in fraud in federal spending would be entitled to hundreds of billions of dollars in rewards. For some bizarre reason, no one seems to have wanted the money. \n</p>\n<p>\n     -Brett Arends \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 13, 2025 08:33 ET (12:33 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","BK4598":"佩洛西持仓","BK4551":"寇图资本持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4581":"高盛持仓","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4527":"明星科技股","BK4511":"特斯拉概念","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0823411888.USD":"法巴消费创新基金 Cap","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","BK4585":"ETF&股票定投概念","TSLA":"特斯拉","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","SG9999015978.USD":"利安颠覆性创新基金A","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","BK4516":"特朗普概念","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0234572021.USD":"高盛美国核心股票组合Acc","TSYW.SI":"TESLA 3xLongSG261006","BK4612":"AI芯片","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","BK4588":"碎股","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2519836789","content_text":"MW New report casts significant doubt on Musk and Trump's government-fraud claims\n\n\n  By Brett Arends \n\n\n     Yet another setback for Elon Musk's claim of a $1 trillion 'DOGE dividend' \n\n\n     Less than a day after Elon Musk promised to find $1 trillion in free money by cutting \"fraud and waste\" from the federal government - an amount equal to about one federal dollar in seven - his claim has been undercut by yet another government report. \n\n\n     Total federal \"improper payments\" last year came to $162 billion, according to figures released by the Government Accountability Office. \n\n\n     And the Biden administration had already slashed that figure by a third, or $74 billion, from the year before, as pandemic-era programs were wound down, the GAO added. \n\n\n     The further you look into the report, the worse news becomes for everyone who had already been planning out how to spend their share of the so-called DOGE dividend. \n\n\n     For instance, the GAO's \"improper payments\" figure included $7.9 billion in underpayments, which is where the federal government failed to pay people what they were owed. \n\n\n     Deduct that figure from the total - and pay that money out, as intended - and the total savings Uncle Sam could have achieved last year by perfect accounting would have come to $146.2 billion, the GAO numbers show. \n\n\n     Oh, and even this includes $12.6 billion in so-called unknown payments, which the GAO says is where it is \"unclear whether a payment was an error or not.\" So these might not be overpayments at all, either. \n\n\n     But even if we assume all of this is actual fraud and waste, the total was 2% of federal spending, which came to $6.8 trillion last year. So that leaves Musk about $850 billion short of the $1 trillion savings he promised Fox Business host, and former Trump White House economist, Larry Kudlow on Monday night. \n\n\n     For the purposes of illustration, $850 billion is roughly the size of the entire defense department. \n\n\n     Opinion: Elon Musk says federal fraud is bigger than the entire defense budget. Could that actually be true? \n\n\n     On the positive front, the GAO said its improper-payments report did not include any waste, fraud or abuse in the Temporary Assistance for Needy Families program, the Small Business Administration's Shuttered Venue Operators Grants program, or the Department of Housing and Urban Development's Office of Public and Indian Housing's Tenant-Based Rental Assistance. \n\n\n     It's lucky Musk is rocket scientist-adjacent. Maybe one of those people can make his math work. Quantum physics, maybe? \n\n\n     For all of us awaiting Musk's free-money bonanza and the \"DOGE dividend,\" the news gets even worse. \n\n\n     A third of all this excess spending, $54.3 billion, was accounted for by waste, fraud and improperly coded payments in Medicare. \n\n\n     But if that seems like an easy way to cut waste, think again. That figure represents just over 5% of the Medicare budget, which had gross outlays of $1.05 trillion last year. \n\n\n     In comparison, the U.S.'s magnificently efficient private-sector health-insurance companies spend about 12% of their revenues on administrative costs in order to minimize waste, fraud and the like. \n\n\n     So, using the private sector as a benchmark, in order to slash that $54 billion in apparent waste and fraud, we would first have to spend ... er ... $120 billion a year on administrative costs instead. \n\n\n     That would leave us $66 billion worse off, costing the average American household an extra $500 a year. \n\n\n     At this rate, the so-called Department of Government Efficiency's \"dividend\" will end up as a cash call. \n\n\n     The GAO report comes shortly after a government investigation raised new questions about the claim made by Musk and President Donald Trump that vast numbers of dead people are receiving Social Security benefits. The Social Security inspector general found that although there were 760,000 \"dead\" people on the Social Security rolls in Idaho, just 86 of them, or 0.011%, had been sent benefit payments after their deaths. \n\n\n     Total savings, by eliminating all 86 of these overpayments, would come to $611,000 a year. \n\n\n     Musk continues to assert that the federal government doesn't merely include inefficiencies, waste and even fraud but that the sums involved are enormous and egregious, amounting to the biggest scam in American history. \n\n\n     During the Kudlow interview, the Tesla $(TSLA)$ and SpaceX CEO and owner of the social-media platform X, claimed the GAO recently found \"half a trillion dollars\" in annual fraud in federal spending. Actually, the GAO estimated a wide range, from $233 billion to $521 billion, and said that upper part of the range was heavily influenced by the pandemic years. The latest GAO data, showing a plunge in improper payments as special pandemic-era programs wound down, raise further doubts about how big ongoing fraud might be. \n\n\n     Key Words: LinkedIn co-founder Reid Hoffman has known Elon Musk for years. Here's what he says Americans don't understand about the Tesla CEO. \n\n\n     It remains a mystery why no one else has noticed the enormous fraud that Musk alleges - not only among the GAO staff and all the inspectors-general across the federal government, but among potential whistleblowers, too. Those exposing $1 trillion in fraud in federal spending would be entitled to hundreds of billions of dollars in rewards. For some bizarre reason, no one seems to have wanted the money. \n\n\n     -Brett Arends \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 13, 2025 08:33 ET (12:33 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"TSYW.SI":0.6,"TSLA":1}},"isVote":1,"tweetType":1,"viewCount":2257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}