The fed thinks they can policy their way out of this one but the rot in the US economy goes much deeper. The unfettered M&A of the last 25 years has created a catastrophe. There is frighteningly little producer or retailer competition for so many things you buy. Companies like PG, J&J, Hormel, Conagra, Cargill, etc., dominate their markets so completely that they can substantially increase prices without fear of competition. Same goes with retailers with many markets having competing retailers far apart geographically, limiting competition.  Americans have been bamboozled by weak antitrust actions and big barriers to entry. 

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That's truly a special level of stupid

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Yah LiDAR lol. That’s like saying the vision of a fighter jet pilot is better than the radar in the nose of his jet

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These comments make me realize how dumb this entire group is. Considering Tesla to be only a car company is hilarious. They are a charging (for MOST EVs), software, insurance, solar, robotics, AND car company. They are still undervalued, with no account of the future.

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It is not a car company….

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Of course, just wait for the fake announcement on blackwell architecture powering a breakthrough on fsd.

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Yeah, over a half million dollars….

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So you’re saying there’s still a chance for my bags 

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It’s of no consequence that he is selling. He is famous for dumping Facebook META stock in the early days before it blew up hard. Just a sign that he wants to 877CASHNOW his investment

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