Brian Stewart

presidential administrations have used to determine popularity in the absence of, you know, when elections are far away, if you want to sort of judge popular opinion, stock market is one of the indexes that they use. So traditionally, historically, a move like today would have the White House discussing internally next moves. I'm not sure how responsive the Trump administration is.

presidential administrations have used to determine popularity in the absence of, you know, when elections are far away, if you want to sort of judge popular opinion, stock market is one of the indexes that they use. So traditionally, historically, a move like today would have the White House discussing internally next moves. I'm not sure how responsive the Trump administration is.

We just don't know. The administration's new. It hasn't changed policy much in response to previous stock market dips so far this year. So it remains to be seen exactly what the next steps are.

We just don't know. The administration's new. It hasn't changed policy much in response to previous stock market dips so far this year. So it remains to be seen exactly what the next steps are.

We just don't know. The administration's new. It hasn't changed policy much in response to previous stock market dips so far this year. So it remains to be seen exactly what the next steps are.

So just to review the action yesterday. So Tesla was down early in the day based on the delivery numbers. As you pointed out, there was a bounce back later and the stock was higher, ended higher before being down today, kind of after the tariff announcement. I think part of that was there was already an expectation in the market that the Q1 deliveries were going to be bad.

So just to review the action yesterday. So Tesla was down early in the day based on the delivery numbers. As you pointed out, there was a bounce back later and the stock was higher, ended higher before being down today, kind of after the tariff announcement. I think part of that was there was already an expectation in the market that the Q1 deliveries were going to be bad.

So just to review the action yesterday. So Tesla was down early in the day based on the delivery numbers. As you pointed out, there was a bounce back later and the stock was higher, ended higher before being down today, kind of after the tariff announcement. I think part of that was there was already an expectation in the market that the Q1 deliveries were going to be bad.

They were worse than expected. And so you saw a dip, but a lot of that had already been priced into the stock. And so I don't know that deliveries were ever going to have a lingering impact on the stock price. I think that was always going to be sort of the jumping off point for whatever was coming next. I do think that Politico story did provide a catalyst on the upside.

They were worse than expected. And so you saw a dip, but a lot of that had already been priced into the stock. And so I don't know that deliveries were ever going to have a lingering impact on the stock price. I think that was always going to be sort of the jumping off point for whatever was coming next. I do think that Politico story did provide a catalyst on the upside.

They were worse than expected. And so you saw a dip, but a lot of that had already been priced into the stock. And so I don't know that deliveries were ever going to have a lingering impact on the stock price. I think that was always going to be sort of the jumping off point for whatever was coming next. I do think that Politico story did provide a catalyst on the upside.

I'm using Dan Ives now as sort of a bull sentiments index. He's been pounding the table that... Musk's activity in Doge have been very problematic for Tesla's brands and that he needs to step away from Doge and come back to the company and take the steps necessary. He calls it a moment of truth for Musk. So if you kind of take that as sort of the bull's view of the stock, that's a necessary step.

I'm using Dan Ives now as sort of a bull sentiments index. He's been pounding the table that... Musk's activity in Doge have been very problematic for Tesla's brands and that he needs to step away from Doge and come back to the company and take the steps necessary. He calls it a moment of truth for Musk. So if you kind of take that as sort of the bull's view of the stock, that's a necessary step.

I'm using Dan Ives now as sort of a bull sentiments index. He's been pounding the table that... Musk's activity in Doge have been very problematic for Tesla's brands and that he needs to step away from Doge and come back to the company and take the steps necessary. He calls it a moment of truth for Musk. So if you kind of take that as sort of the bull's view of the stock, that's a necessary step.

You can see why the stock would rally on the idea that he was stepping back from Doge and moving back to sort of full-time Doge. management of Tesla. Later, after that report came out, both the White House and Musk denied that it was true. It's not clear how much of that is saving face, how much of that is truly Musk's intent.

You can see why the stock would rally on the idea that he was stepping back from Doge and moving back to sort of full-time Doge. management of Tesla. Later, after that report came out, both the White House and Musk denied that it was true. It's not clear how much of that is saving face, how much of that is truly Musk's intent.

You can see why the stock would rally on the idea that he was stepping back from Doge and moving back to sort of full-time Doge. management of Tesla. Later, after that report came out, both the White House and Musk denied that it was true. It's not clear how much of that is saving face, how much of that is truly Musk's intent.

The bottom line is it's not clear right now what Musk's plans are going forward, how much time he plans to spend at Doge, how much time he plans at Tesla. That uncertainty itself is a problem for Tesla. So a lot of the future of Tesla depends. And I'm talking about the near-term future.

The bottom line is it's not clear right now what Musk's plans are going forward, how much time he plans to spend at Doge, how much time he plans at Tesla. That uncertainty itself is a problem for Tesla. So a lot of the future of Tesla depends. And I'm talking about the near-term future.

The bottom line is it's not clear right now what Musk's plans are going forward, how much time he plans to spend at Doge, how much time he plans at Tesla. That uncertainty itself is a problem for Tesla. So a lot of the future of Tesla depends. And I'm talking about the near-term future.