General News Discussion

[paul1598419]

Turns out the vast majority of Musk's wealth is tied up in Tesla stock. People have taken to protesting outside Tesla dealerships lately. So much so that his stock has taken a tumble. Couldn't have happened to a more deserving person.

 

[RedCowboy]

TSLA was 200 dollars a share 6 months ago.
Reached a high of 479 dollars mid December 2024.
And is now 337 dollars a share, down from it's high but so is most stock..... for 2025 TSLA is only down about 10%, still up nicely from 6 months ago and it will go back up again, that said I would wait for the dip to bottom out and turn before buying in.

Point is TSLA will be just fine, they have had recalls due to power assisted steering failures, but tis just a bump in the road so too speak.


https://www.cnn.com/2025/02/21/business/tesla-recalls-380-000-power-steering/index.html


----------------------------------------------------------------

 

[paul1598419]

Musk is disliked by many...even Republicans. Rich McCormick in Georgia got an earfull at his townhall. Even Democrats are being asked to do more against Musk. Al over the country Republicans and Democrats are being pushed to to fight Musk.

 

[paul1598419]

Last night a Federal judge blocked Trump's EO stopping DEI grants that had been approved in Biden's administration.

 

[RedCowboy]

Political activist judges orders will be overturned, until then I wouldn't hold your breath for the checks to arrive, lol.

Also I expect Congress will take action to remove the funding for these racist DEI programs, there is no place for racism or Marxist political influnce in our schools and the American taxpayer doesn't want to fund DEI racism. it is ending, it will all be ended.

 

[RedCowboy]

Actually paul Trump has 70% approval in a recent poll.

From the web:
( Americans think they’re getting just what they voted for with President Trump.
An overwhelming majority of Americans — 70% — believe Trump is doing exactly what he campaigned on and most of them have a favorable impression of him so far, according to a new poll.
Only 30% of respondents felt that Trump’s actions have deviated from his campaign promises and overall, the president has notched a 53% approval rating, per a CBS News/YouGov poll.
The high marks extended to much of Trump’s major decisions as well, with 59% approving of his deportation efforts, compared to 41% disapproving. Some 64% backed his decision to dispatch troops to the US-Mexico border relative to 36% who disapproved. )