Create accountLogin

Recent searches

No recent searches

Search options

Not available on radikal.social.
radikal.social is one of the many independent Mastodon servers you can use to participate in the fediverse.
radikal.social was created by a group of activists to offer federated social media for the radical left in and around Denmark.

Administered by:

Server stats:

162
active users

radikal.social: AboutProfiles directoryPrivacy policy

Mastodon: AboutGet the appKeyboard shortcutsView source codev4.3.7

#stock

2 posts2 participants0 posts today
Public
Mark Gjøl

Why is #Trump adding ludicrous tariffs just to remove them again shortly after, making the #stock market fluctuate wildly? Some believe it's to make billionaires make billions. Some believe it's to make Trump appear as a strong man. All these theories, of course, are dead wrong.

The main reason Trump does this is to get more followers on his social media platform. I tell you, soon he will brag about how many new followers he suddenly got, after revealing he would end the dip.

Continued thread
Public
Nonilex

"Looking ahead, higher #tariffs will be working their way through our #economy & are likely to raise #inflation in coming quarters," #JeromePowell said.

"While #uncertainty remains elevated, it is now becoming clear that tariff increases will be significantly larger than expected, & the same is likely to be true of the economic effects, which will include higher inflation & slower growth."

US #Stock indexes extend losses after #FederalReserve chair Powell remarks were released.

#recession
Continued thread
Public
Nonilex

On the #xAI purchase of #X (#Twitter)

Because both companies are privately held & controlled by #Musk, the transaction likely amounts to a #stock swap, with X investors getting paid out in xAI shares. The companies have a number of mutual investors, including venture firms #AndreessenHorowitz & #SequoiaCapital, as well as #Fidelity Management, #VyCapital & #SaudiArabia’s Kingdom Holding Co.

#law #securities #SEC
cnbc.com/2025/03/28/elon-musk-

CNBCElon Musk says xAI has acquired X in deal that values social media site at $33 billionIn a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.
Public
Pekka Kallioniemi

#Musk: "I’ve never done anything harmful, I’ve only done productive things."

He's now constantly complaining about the #Tesla boycotts, and that's because his fortune is mostly in this #stock.

People are free to #boycott your products if you perform public sieg heils, defund #Ebola prevention and #AIDS research, complain about social welfare while getting 10s of billions in subsidies, actively interfere in foreign elections, and support anti-democratic actions of the #Trump administration.

Replied in thread
Public
Zhi Zhu 🕸️

Why is Trump’s Commerce secretary urging the public to buy Tesla stock?

Howard #Lutnick told a national tv audience to buy a specific #stock tied to the sitting president’s top campaign donor.
msnbc.com/rachel-maddow-show/m

"I’m mindful that breaches of norms & ethical limits have become routine over the last 2 months, but this was an egregious display, even by 2025 standards...

If there’s a benign defense for all of this, I can’t think of it."

Headline from MSNBC: Why is Trump’s Commerce secretary urging the public to buy Tesla stock? Howard Lutnick told a national television audience to buy a specific stock tied to the sitting president’s top campaign donor. March 20, 2025, 8:32 AM CDT By Steve Benen
#Musk#Corruption#Trump
Replied in thread
Public
Zhi Zhu 🕸️

Sell Your #Tesla Dump Your #Stock
emptywheel.net/2025/03/19/sell

" ElonMusk has pledged about 1/3 of his holdings as collateral for loans... including loans for the purchase of #Twitter. It seems plausible that the lenders will demand additional collateral or even call the loans if the price sinks dramatically.

... If it were selling at the same PE ratio as the information #technology sector... the price would drop from the current $240 to about $75"

Headline and text. Sell Your Tesla Dump Your Stock March 19, 2025 / 26 Comments / in Left Theory / by Ed Walker That was one of the chants at the #TeslaTakedown event I attended in Chicago last Saturday. But selling your Tesla car is not easy. There isn’t much of a market for used Teslas in this area. There’s a similar problem in Boston. And Seattle. It seems to be a world-wide problem. Perhaps Trump will single-handedly create a market for used Teslas among his cult. That would be great, since only a few years ago they were crazy angry about libtards driving electric vehicles. If you want to sell your Tesla stock, that’s easy. There’s a robust market in the stock. Over 110 million shares traded on March 17. But there is the problem of figuring out how much $TSLA you own, According to the 2024 Tesla Proxy Statement, after Musk, the two largest holders are Vanguard and Black Rock, both huge in investment funds and pension management. If you have a 401k, an IRA, or a pension plan, you most likely own at least a little of the stock of Tesla. It has the 9th highest market capitalization of US stocks,
#Resist#Resistance#Musk
Replied in thread
Public
Zhi Zhu 🕸️

"sales in [Germany] fall by more than 70%... Sales in China... falling by 49%...

Last week, the automaker’s stock had its worst day since 2020, as its Musk-induced problems coincided with historic #market volatility under Donald Trump’s new #tariff plans.

Board members, executives, & major investors in #Tesla are jumping ship. Four top officers at the company have unloaded more than $100 million in #stock"
newrepublic.com/post/192856/el

Text from article: Tesla historically attracted a more liberal consumer base with its electric vehicles, but since Musk went “dark MAGA,” that same base has soured on the tech billionaire and his products. That’s proven especially true in some of Europe’s stronger economies, such as Germany, which has seen sales in the country fall by more than 70 percent over the last two months, reported Bloomberg. Sales in China—where Tesla has two major factories—have similarly plummeted, falling by 49 percent in February. Last week, the automaker’s stock had its worst day since 2020, as its Musk-induced problems coincided with historic market volatility under Donald Trump’s new tariff plans. Board members, executives, and major investors in Tesla are jumping ship. Four top officers at the company have unloaded more than $100 million in stock since last month, reported ABC News. They include James Murdoch, the estranged son of right-wing media magnate Rupert Murdoch, and Elon Musk’s brother Kimbal Musk, the latter of whom shed $27 million, according to an SEC filing.
#Resist#Musk#TeslaTakedown
Replied in thread
Public
Zhi Zhu 🕸️

Elon Musk Whines That Everyone Is Being Mean to Him

Elon Musk truly doesn’t understand why people hate his guts.
newrepublic.com/post/192856/el

" #Tesla comprises the majority of Musk’s net worth—but the carmaker’s ongoing 8-week slump is largely due to a #global brand #boycott.

Company #stock is down by 50% so far this year, and analysts have faulted Musk’s reputational shift for the automaker’s financial woes."

Headline and text from article. Headline: Elon Musk Whines That Everyone Is Being Mean to Him Elon Musk truly doesn’t understand why people hate his guts. by Ellie Quinlan Houghtaling March 18, 2025 / 10:55 a.m. ET Text: The world’s richest man thinks it’s unfair that people aren’t as interested in his products due to his far-right political views. Elon Musk took to the social media platform he owns Monday night to vent about his alleged mistreatment.
#ElonMusk#Musk#Coup
Replied in thread
Public
Zhi Zhu 🕸️

The Week in Musk: The White House is now a Tesla dealership
muskwatch.com/p/the-week-in-mu

"predicted a certain amount of graft. But even the most skeptical observers may not have pictured #DonaldTrump selling Teslas on the #WhiteHouse lawn...

A makeshift South Portico showroom — featuring five #Tesla models — was organized for the explicit purpose of rallying the company’s #stock after it suffered its worst selloff in five years"

Headline from Musk Watch: The Week in Musk: The White House is now a Tesla dealership by Caleb Ecarma Mar 14, 2025
#ElonMusk#Musk#Corruption
Public *
Nonilex

#Trump’s senior advisers downplayed fresh economic turbulence Monday as the admin’s escalating #TradeWar deepened a sell-off on #WallStreet & renewed fears about the stability of the US #economy.

As all 3 major US #stock indexes slumped, Trump’s team projected confidence that the volatility would prove temporary & that an economic boom set off by tax cuts [for #corporations & the #wealthy] would follow later this year.

#tariffs #instability #finance #USpol #trumpcession
washingtonpost.com/business/20

The Washington Post · White House downplays economic ‘blips’ as stock market tumblesBy Jeff Stein
Public
Toni Aittoniemi

#Tesla’s core business isn’t doing well

Tesla failed to capitalise on it’s first-mover status in the EV business globally

Instead of investing in the car business, #ElonMusk has invested in hype that drives #stock value

His wealth is locked-in. He funds his lavish lifestyle from loans backed by stock value, but can’t sell because value would go down

If he gets margin-called by banks, has to sell, gets called again, sells again, he could be over in a matter of weeks

techwontsave.us/episode/265_pr

Tech Won't Save UsProtesting Tesla Can Hurt Elon Musk w/ Ed Niedermeyer - Tech Won’t Save UsA left-wing podcast for better technology and a better world.
Continued thread
Public
Nonilex

Major #US #stock indexes fell at the start of trading, w/the S&P 500 opening roughly 0.2% lower. So far the moves are muted compared w/the swings earlier this week, as investors grappled with the erratic #tariff policies from the #Trump (Sybil) admin. “If nothing else, markets will be happy for this (likely short) respite in volatility,” noted Seema Shah, chief global strategist at Principal Asset Management.

#economy#Trumpcession
ExploreLive feeds
About