Narrator/Host
š¤ PersonAppearances Over Time
Podcast Appearances
Now, Twitter does still work, but it's like the digital Wild West, with Elon acting as the sheriff. So, like, does the federal government still work? Like, today, yes. Yes, it does. But it may take years to see the full impact of all these cuts. Speaking of these cuts, the Trump administration also did a mass buyout offer of 2 million plus federal workers.
Now, Twitter does still work, but it's like the digital Wild West, with Elon acting as the sheriff. So, like, does the federal government still work? Like, today, yes. Yes, it does. But it may take years to see the full impact of all these cuts. Speaking of these cuts, the Trump administration also did a mass buyout offer of 2 million plus federal workers.
Basically, we'll pay you big money right now if you quit. And Jack, where have we seen that before? According to reports, that email was copy and pasted straight from Elon. He made the same bio offer to Twitter employees. So add it all up, yetis, and Elon musks Twitter, and now he's musking the federal government.
Basically, we'll pay you big money right now if you quit. And Jack, where have we seen that before? According to reports, that email was copy and pasted straight from Elon. He made the same bio offer to Twitter employees. So add it all up, yetis, and Elon musks Twitter, and now he's musking the federal government.
Basically, we'll pay you big money right now if you quit. And Jack, where have we seen that before? According to reports, that email was copy and pasted straight from Elon. He made the same bio offer to Twitter employees. So add it all up, yetis, and Elon musks Twitter, and now he's musking the federal government.
Of course, the stakes are way bigger this time because millions of people depend on federal programs that he is slashing. But Elon clearly thinks that the benefits of disruption justify the risks to people and workers. So Jack, what's the takeaway for all our buddies digesting all this news as well? There's a new phenomenon in the stock market. We call it the power premium. The power premium.
Of course, the stakes are way bigger this time because millions of people depend on federal programs that he is slashing. But Elon clearly thinks that the benefits of disruption justify the risks to people and workers. So Jack, what's the takeaway for all our buddies digesting all this news as well? There's a new phenomenon in the stock market. We call it the power premium. The power premium.
Of course, the stakes are way bigger this time because millions of people depend on federal programs that he is slashing. But Elon clearly thinks that the benefits of disruption justify the risks to people and workers. So Jack, what's the takeaway for all our buddies digesting all this news as well? There's a new phenomenon in the stock market. We call it the power premium. The power premium.
Yetis, a shocking news came out last week about Tesla's car sales in January. Jack, what were they exactly? Tesla's sales fell 12% in China. They fell 33% in Australia, 60% in Germany, and Tesla's sales in January fell by 63% in France. All right, Jack and I have been covering market news for 15 years. We have never seen a car company lose so much market share so fast.
Yetis, a shocking news came out last week about Tesla's car sales in January. Jack, what were they exactly? Tesla's sales fell 12% in China. They fell 33% in Australia, 60% in Germany, and Tesla's sales in January fell by 63% in France. All right, Jack and I have been covering market news for 15 years. We have never seen a car company lose so much market share so fast.
Yetis, a shocking news came out last week about Tesla's car sales in January. Jack, what were they exactly? Tesla's sales fell 12% in China. They fell 33% in Australia, 60% in Germany, and Tesla's sales in January fell by 63% in France. All right, Jack and I have been covering market news for 15 years. We have never seen a car company lose so much market share so fast.
And yet, despite those truly horrible sales figures for January, Tesla stock price remains at all-time high levels. And why is that happening? Why is it the high price for the stock but such bad business right now? Tesla stock is getting the power premium. The stock is higher because the CEO is so close to power.
And yet, despite those truly horrible sales figures for January, Tesla stock price remains at all-time high levels. And why is that happening? Why is it the high price for the stock but such bad business right now? Tesla stock is getting the power premium. The stock is higher because the CEO is so close to power.
And yet, despite those truly horrible sales figures for January, Tesla stock price remains at all-time high levels. And why is that happening? Why is it the high price for the stock but such bad business right now? Tesla stock is getting the power premium. The stock is higher because the CEO is so close to power.
Basically, access to Trump and the Treasury means that Elon has influence on government money and regulation. We're seeing this phenomenon with Oracle right now, too. The software company stock is at an all-time high, not just because of the AI boom. No, it's at an all-time high because CEO Larry Ellison is close to Trump. In fact, he's one of Trump's top picks to buy TikTok through Oracle.
Basically, access to Trump and the Treasury means that Elon has influence on government money and regulation. We're seeing this phenomenon with Oracle right now, too. The software company stock is at an all-time high, not just because of the AI boom. No, it's at an all-time high because CEO Larry Ellison is close to Trump. In fact, he's one of Trump's top picks to buy TikTok through Oracle.
Basically, access to Trump and the Treasury means that Elon has influence on government money and regulation. We're seeing this phenomenon with Oracle right now, too. The software company stock is at an all-time high, not just because of the AI boom. No, it's at an all-time high because CEO Larry Ellison is close to Trump. In fact, he's one of Trump's top picks to buy TikTok through Oracle.
So the difference between the state of a business and its actual stock price, it could be the power premium. The power premium.
So the difference between the state of a business and its actual stock price, it could be the power premium. The power premium.
So the difference between the state of a business and its actual stock price, it could be the power premium. The power premium.