MeidasTouch host Ben Meiselas reports on Trump’s tarrifs and policies screwing over Elon Musk as Trump’s cabinet start to turn against Musk as well. Thanks to Udacity: For 40% OFF your order, head to Udacity.com/meidas and use promo code: MEIDAS Learn more about your ad choices. Visit megaphone.fm/adchoices
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Elon Musk, meet karma. Karma, meet Elon Musk. Elon Musk is now getting the karma he deserves. It always comes for you when after destroying our federal government in a hostile takeover he did with Donald Trump. Gleefully, as Rolling Stones aptly put it in a recent headline, laughing as he calls Social Security a Ponzi scheme.
Now, Elon Musk's biggest foreign market, China, is saying bye bye, Elon. China has placed 125 percent retaliatory tariffs against the United States. in response to Trump placing 145% tariffs on China. China called Trump's levies against China laughable. China continues to mock the United States for Trump's reckless tariff regime.
And now Elon Musk finds himself unable to sell Teslas to essentially his biggest market outside of the U.S., also Europe. boycotting Tesla's, the amount of Tesla's being sold in Europe, fractions of what it once was. Similarly, here in the United States, we're seeing a massive drop in Tesla sales. And of course, you all know about the Tesla protests, which seem to get bigger every single weekend.
Let's take a look at what's going on over here. As Fortune puts it, Trump tariffs backfire on Elon Musk as Tesla pulls U.S.-built models from China. Tesla has stopped taking orders for the Model S and Model X in China, which now face retaliatory tariffs in the amount of 125% on import duties levied by Beijing. So the local customers are only able to choose from new cars still in inventory.
know which company is doing really good right now the chinese electric vehicle company byd byd shares are soaring and roaring right now and also china and europe are making deals together to bring chinese electric vehicles into the european market so as Elon Musk's Tesla share decreases.
We're now going to see BYD and China's electric vehicles as China's actually investing in clean energy, green energy, which the MAGA Republicans here in the United States call the green new scam. And Donald Trump mocked during his campaign.
now the chickens have come home to roost donald and elon musk with what's going on here now elon musk apparently was begging begging the trump regime not to do these tariffs on china and elsewhere which the trump regime did not listen to also we're seeing other members of the trump cabinet seem to turn against Elon Musk.
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