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Author: Scott Lemieux

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Tesla profits fall 71%

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On April 22, 2025
In these times we need all the good news we can get: Tesla’s net income slid 71% in the first quarter, as the company struggled to overcome competitive pressure overseas and a reputational hit from Chief Executive Elon Musk’s polarizing role in the Trump administration. The company also...

Trump crash stonks

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On April 21, 2025

Trump decided to threaten once again to fire Jeronme Powell, resulting in the trillion dollar+ loss du jour: The “sell America” trade intensified on Monday. President Trump’s threats to fire Federal Reserve.

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But you did!

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On April 21, 2025
Even people specializing in covering the industries Trump's tariffs will most obviously devastate were delusional about what his election meant: As we've discussed, a critical factor in Trump increasing his support among the financial class and formerly skeptical Republican influencers is that Trump's first cabinet...
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