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Originally Posted by mnx5er
There are so many things going on at once. Obviously the tariffs are number one with a huge short-term impact on stocks and soon to impact the economy. There is also the slow death of Tesla with sales tanking.
All of this makes me wonder what will happen with EVs. They have been money losers for the most part and the tariffs will really hit them hard. Tesla made EVs "cool" and now Tesla is a dirty word for many.
Personally I am sitting on the sideline for now until some of this shakes out. I do wonder if the iX could get pulled from the US if the tariffs remain in the long-term. Maybe we will all have collectors cars?
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Tariffs are nothing more than the wealthy rigging the system for themselves. Create a great buying opportunity, pick up stocks and other assets on the cheap, then drop the tariffs and make billions as the economy rebounds.
This is nothing short of a plan to funnel money from the middle class up to the wealthy. Because having billions isn't enough. They must have everything. Trump is just a useful idiot for other, much wealthier people who are pulling the strings. Guess who?