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Bluesmurf's avatar

Well, the Stock Market is not liking anything that is happening. The Dow closed donw over 400 points today. The NASDAQ down almost 500 points and the S&P 500 down over 100 points.

Tesla stock closed down another $15. It had a high at the end of 2023 of over $400 per share and not it's down to $263 per share. Musk's net worth has dropped from over $400 Billion dollars last Fall to 347.7 billion USD today. His worth is not in cash, but on paper, so the value of his stock portfolio and his companies changes his net worth every day.

Target is down as well... the price hikes they announced to cover tariffs, the 40 day boycott and other announcements and they are not performing very well.

So sad for them all.

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Oaktown's avatar

They earned it and they deserve even worse. May they continue to crash.

Then Musk no doubt will try to make up for it by stealing more government contracts from his competitors using all the data he downloaded from govt. databases. Most of his money originates from our tax dollars and govt. loans. Huge welfare queen.

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Bluesmurf's avatar

Thief!

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