3.8 • 950 Ratings
🗓️ 6 June 2025
⏱️ 27 minutes
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0:00.0 | Brian Stewart, Seeking Alpha's Director of News, welcome back to the podcast. |
0:14.5 | Always great to talk to you on these Wall Street roundups. |
0:17.3 | Looking forward to it. Thanks. |
0:18.5 | We were discussing what might be the top story of the week, a lot of stories in contention, |
0:24.6 | but perhaps Tesla, everybody's favorite underfollowed stock and favorite underfollowed |
0:30.6 | CEO and favorite underfollow topic. |
0:34.6 | What did Tesla show us this week? |
0:36.6 | A lot of discussion about Musk and Doge and |
0:39.4 | Tesla and whether it can recover. What did we see out of Tesla this week? |
0:42.7 | Yeah, quiet reserves, unassuming Elon Musk somehow found himself in the news this week. |
0:49.6 | There you go. I mean, if you're looking at it from just sort of a drama perspective, |
0:53.3 | obviously it's |
0:55.4 | can't help but talk about the turn that's happened. |
1:00.2 | It's Musk versus Trump now. |
1:02.3 | Elon Musk has come out against the bill, the budget bill that's currently passed the |
1:07.8 | House. |
1:08.2 | It's not working its way through the Senate. |
1:11.3 | Musk's main point of contention seems to be around the electric vehicle provisions in the bill. |
1:19.9 | Specifically, there was incentives to purchase tax incentives to purchase electric vehicles |
1:26.6 | in the old law. And this gets rid of that. |
1:30.4 | Musk is taking a broader view in his public commentary, talking about the additional, |
1:36.4 | the debt impact from the spending bill, which obviously is opposed to the the Doge goals that |
... |
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