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#Tesla’s Profit Fell 55%, Adding to Concerns About Its Strategy
The first-quarter results will very likely fuel worries that competitors will continue grabbing a bigger slice of a #market dealing with slowing #ElectricCar sales.
#ElonMusk #Musk #finance #investing #StockMarket #business #egomaniac #EV
https://www.nytimes.com/2024/04/23/business/tesla-earnings-first-quarter-elon-musk.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb
The project is expected to have an over $10 billion economic impact and will create more than 35,000 jobs in Nevada and California during the construction, according to the release.
Read more: https://t.co/bqJ2W5h9wS
#news #finance #economics #stocks #options
High-speed rail system from Las Vegas to Southern California has broken ground today
Officials initiated the construction of a new high-speed rail system on Monday, which will link Southern California with Las Vegas.Unusual Whales - News
#protest #quote #wisdom #uk #usa #health #healthcare #humanrights #politics #capitalism #finance
♲ Muse - 2024-04-17 22:25:01 GMT
People outside the US really have no concept of what it's like inside that country. They haven't for decades.
I try to keep this in mind whenever I read about events in another country. We always see such a tiny slice of the situation.
I've been following this shitshow for quite a while now. I never believed the merger would actually happen until it did, and I still think the SEC never should have given the green light for it.
I wrote about the link between TMTG and Paxum Bank back in October 2023:
"In 2022, the Southern District of New York investigated TMTG for money laundering, after finding it received a $8 million in loans: $2 million from Paxum Bank, based in Dominica and chartered under the Offshore Banking Act No. 8 of 1996. Paxum is partially owned by a former Russian government official who now runs a maritime agency under the jurisdiction of the Ministry of Transport of the Russian Federation. The other $6 million came from “ES Family Trust” which shared a director with Paxum."
https://c.im/@shansterable/111236098156917920
#Trump #TrumpSPAC #DJT #Finance #Investing #Fraud #USPol #USPolitics
Shannon Skinner (she/her) (@shansterable@c.im)
In October 2021, Trump launched Trump Media & Technology Group (TMTG) and TruthSocial, along with an ambitious plan to build a media empire that he claimed would compete with the likes of Twitter, Facebook, and Netflix.C.IM
#TruthSocial faces harsh reality as a public #company
source: https://www.axios.com/2024/03/27/truth-social-stock-facebook-twitter-ipo
Truth Social — the #Trump - owned social #media platform that started trading yesterday — currently has far fewer users and less income than any social #network that has gone public before.
For now, Truth is trading like a #meme #stock, meaning its market value is completely divorced from its financial reality.
