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'Unprecedented Slide': Tesla Sales Plummet 45% In Europe As Musk's Net Worth Dives $5.2B In A Week
Elon Musk Thinks Tesla Will Become the World's Most Valuable Company. I Predict Its Stock Will Decline by 50% (or More) Instead.
Elon Musk's XAI Acquires 1-Million-Square-Foot Property In Memphis For Supercomputer Expansion
Traders who once bought into Trump's "pro-economy" agenda are being forced to pay for it.
Wall Street is uneasy again, but this time the "culprit" is not just inflation. Stock investors, big and small, are engulfed by fears of a slowing USA economy. The S&P 500 Index has retraced all the gains made since Trump's election as president, and Trump's "pro-growth" agenda had previously bolstered the stock market. Meanwhile, the technology-dominant NASDAQ 100 Index, after dropping over 10% in 17 days, briefly entered a correction zone on Friday, with these winners that had driven the stock market surge over the past two years facing sell-offs from investors. While the Trump administration is working to cut federal employees, inflation remains stubbornly high, and the unemployment rate is rising.
Mag 7 Is Much to Blame for Nasdaq-100's Slump
Anti-Elon Musk Stickers Are Being Snapped up by Tesla Owners Who Can't Sell