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Prof G Markets

The Trump Fold & Tesla’s Brand Death

Prof G Markets

Vox Media Podcast Network

Entrepreneurship, Investing, Business

4.6722 Ratings

🗓️ 28 April 2025

⏱️ 64 minutes

🧾️ Download transcript

Summary

Scott and Ed discuss Trump’s decision to invite the top holders of his memecoin to a private dinner, Boeing’s first quarter earnings, and a new report underscoring the worsening wealth inequality in the U.S. Then, they explore how Trump’s policy reversals are undermining America’s global reputation in the markets. Finally, they break down Tesla’s first-quarter report, why the markets reacted so positively to the terrible results, and the key moments from the earnings call.  Subscribe to the Prof G Markets newsletter  Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on InstagramFollow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Support for the share comes from public.com. If you're serious about investing, you need to know about

0:05.0

public.com. That's where you can invest in everything, stocks, options, bonds, and more. And even under 6% or higher yield that you can lock in with a bond account. Visit public.com slash prop G and get up to $10,000 when you transfer your old portfolio. That's public.com slash profi.

0:22.2

Paid for by public investing. All investing involves the risk of loss, including loss of

0:26.3

principal. Brokered services for U.S. listed registered securities, options, and bonds.

0:30.7

In a self-directed account are offered by Public Investing, Inc., member FINRA, and SIPC,

0:36.1

complete disclosures available at public.com slash disclosures.

0:39.8

I should also disclose I am an investor in public.

0:45.9

If you think talking about finances in general is hard, try talking to your parents about money.

0:52.4

What you don't want to do is like, do you have any money?

0:54.9

What's going on?

0:55.8

You don't want to come at them in a more adversarial way.

1:00.1

Or, as I said, you don't want to come out like you're now the parent.

1:04.1

What to do about the ups and downs of your 401K?

1:07.4

If you or someone you care about plans to retire soon,

1:12.8

that's on the next explain it to me.

1:15.0

New episodes every Sunday morning.

1:26.5

Today's number 283. That's the percentage increase in viewership of the movie Conclave, the day after Pope Francis died.

1:30.2

Ed, what does a priest's scrotum look like? Oh, boy.

1:34.0

I don't know. I don't know. What is it? What does a priest's crotum look like?

1:49.7

Come on, man., rest in peace.

1:55.4

I just love that J.D. Vance killed the Pope.

1:59.6

I absolutely love that. It answers the fuck Mary Kill, right? We got the couch. We got his wife. Now we got the kill. I'm recycling every... I'm a walking meme right now, Ed. I'm a walking meme. What's going on with you? It's time for banter.

...

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