Buying a Tesla is becoming more and more affordable with each passing month.
The average price of a used Tesla has moved down to a record low of $28,662. That's 58% below the peak price from July 2022. $TSLA Source: Charlie Bilello
The Evolution of Trading
Source: Barchart
The TACO trade is the new Trump trade
TACO = "Trump Always Chickens Out." Source: Wall St Engine @wallstengine
Elon Musk is formally stepping down from his role in the Trump administration after just five months
ending a tumultuous period during which he oversaw cost-cutting by the so-called Department of Government Efficiency (source: FT) 👉 It's no coincidence that he's leaving DOGE as of the end of May. After 130 days at the DOGE, the billionaire would have had to go before Congress to publish his accounts and fulfill his obligations of control and transparency...
Elon Musk expressed dissatisfaction with President Donald Trump’s giant tax bill, which the US House narrowly passed last week, saying it undercut his efforts to slash government spending
Source: zerohedge, Bloomberg
$TSLA vs. $BYD
Battle of EV giants Battle of valuations US vs. China The first 10 years of EV were all about a revolutionary company, Tesla, that basically created the market. Could the next 10 are all about the rise (and shine) of BYD? Source: Oraclum capital on X
This is what American exceptionalism looks like.
There are 1,873 billion dollar companies in the US. Japan is a distant second with 404 billion dollar companies. Followed by India with 348. Source: Visual Capitalist
Some of their first business cards.
Source: Jon Erlichman @JonErlichman
