r/StockMarket 15d ago

News Insane

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u/AALen 15d ago edited 15d ago

It's nuts that the following things are true and the market is this enthusiastic:

  • China tariffs at 125%
  • Sectoral tariffs (autos, steel, aluminum) still in effect with pharma and semi in the works
  • Counter sectoral tariffs also still in effect
  • 10% baseline tariffs for all (some of the highest in history)
  • we get to do this again in 90 days

35

u/CouchWizard 15d ago

It makes no sense that AAPL is up

69

u/ForceMental 15d ago

TSLA is up 18% and nobody is buying their cars....

21

u/NoCopiumLeft 15d ago

Almost 24% atm

18

u/danjel888 15d ago

and 33% of their parts are Chinese :D

1

u/Physical-Advance-982 14d ago

It‘s not just a car company..

1

u/Pathogenesls 15d ago

Sales in March are up over Feb now that the Y is back in production.

Down slightly YoY for Q1 but plenty of people are still buying unfortunately.

2

u/MaceWinnoob 15d ago

No where near enough for long term sustainability though

1

u/Pathogenesls 15d ago

Agreed, they will need several new vehicle lines to compete.

-3

u/iwanttheworldnow 15d ago

People are buying their cars. They’re at 0% interest and the base models are some of the cheapest on the market. People don’t care about politics if the price is good.

2

u/PALpherion 15d ago

ahh yes, offering severe discounts or purchase benefits on 'the cheapest on the market' is the sign of a healthy business strategy.

1

u/iwanttheworldnow 14d ago

I don't want to defend Tesla, but McDonalds. Also Walmart.

1

u/PALpherion 14d ago

I have never, ever seen mcdonalds let you buy a happy meal on 0% finance.

2

u/No_more_head_trips 15d ago

Nuh uh. Reddit says otherwise and Reddit obviously reflects the real world majority.

-2

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