[Lori]

Elon Musk said he has been holding his disappointment and anger for quite some time until he could no longer hold it anymore. From the sound of his tone and facial expressions, it doesn’t seem likely Musk and Trump will make amends and reunite their friendship anytime soon.

https://youtube.com/shorts/nvVz9Qz6dZY?si=q3Rmh64KcetVWki7

[Lori]

“It’s time for Jerome Powell to put on his big boy pants and say, no, inflation is not the bigger problem,” says Danielle DiMartino Booth, CEO and Chief Strategist for QI Research. In today’s interview with Daniela Cambone, Booth argues that the Fed should prioritize employment, as true inflation is low and declining—especially in housing—while job losses continue and consumer purchasing power weakens. “Companies are saying in no uncertain terms, they don’t have pricing power because U.S. consumers don’t have purchasing power.” On Trump’s tax bill, she aligns with Elon Musk, warning that it will increase the deficit and national debt. “This gravy train was supposed to end at the end of 2025… you’re not stimulating the US economy. You’re simply preventing a negative shock to the system,” she concludes.

https://youtu.be/vGJdnjBg41M?si=aiCktmR9Q9285FEQ

• This reply was modified 11 months ago by  Sapna Sharma.

[Lori]

New data from the National Association of Realtors show a significant decline in pending sale contracts on the U.S. Housing Market. This is the biggest drop since 2022, and a signal that the U.S. Housing Market correction is gaining steam. Mainstream news sources such as Bloomberg, Zillow, and Redfin are now all admitting the U.S. Housing Market is heading towards a correction in 2025. Listings are up and now sellers are cutting prices at the highest level in 10 years, especially in cities like Tampa, Phoenix, and Las Vegas. Home builders are also cutting prices, such as Lennar and DR Horton. These builders are leading the downturn in Sun Belt states where the inventory of homes for sale has spiked most. However, normal sellers are now also cutting prices at high rates in these states as well.

https://youtu.be/Sjbqps5WRj4?si=S1peYN5XdLTCXOPc

• This reply was modified 11 months ago by  Sapna Sharma.

[Lori]

A trooper in Washington who’s responsible for informing the public about investigations is now the one making the news. Authorities say Sarah Clasen crashed her car into a young motorcyclist, Jhoser Sanchez, killing her. Her resistance to doing sobriety tests instantly raised red flags. Law & Crime’s Jesse Weber takes a closer look at body camera footage of Clasen’s arrest with Dan Morgan, the managing partner of personal injury law firm Morgan & Morgan.

https://youtu.be/21ZuA5pr8PE?si=ZCrynC8fJDlzOciy

• This reply was modified 11 months ago by  Sapna Sharma.

[Lori]

Here’s Anthony Scaramucci on why Elon Musk left the White House.

Politics is not like business, he says. It’s not ruled by revenue, but by factionalism and consensus building.

And Musk is out after encountering a completely different beast than he was accustomed to as an entrepreneur.

“You’re a conductor. You’ve got an orchestra. On some days they want to play from the same sheet music, on other days they don’t want to play with each other,” Scaramucci tells me. “It’s your job to calm everyone down and get them on the same page.”

In the end, Elon’s favorability numbers flipped.

What do you think? Tell us in the comments.

https://youtu.be/1dPT3vIZUCw?si=gyH9c2EAUViktAPZ

[Lori]

The “One Big Beautiful Bill” is about to reshape the electric truck industry forever. With Tesla Semi production finally starting in late 2025, the timing couldn’t be worse – federal tax credits of up to $40,000 for commercial EVs could disappear by December 2025.

In this deep-dive analysis, we explore:

✅ How the bill could end EV tax credits 7 years early

✅ Tesla Semi’s production timeline vs. policy changes

✅ Real impact on fleet operators and logistics companies

✅ Winners and losers in the electric truck market

✅ What this means for companies like Volvo, Freightliner, and Nikola

The race is on: Can Tesla deliver enough Semis before incentives disappear? Will electric trucks survive without government support

00:00:00​ – Introduction: Discussion about a transformative single legislation impacting the electric truck industry and Tesla’s Semi. 00:00:37​ – Overview of the bill (“one big beautiful bill”), its impact on EV tax credits, and initial framing of its significance.

00:01:10​ – Explanation of current EV tax credits: $7,500 for new EVs, $4,000 for used EVs, and $40,000 for commercial vehicles like Tesla Semi.

00:01:51​ – Proposal within the bill to end EV tax credits earlier than planned (December 31, 2025 vs. original 2032 expiration).

00:02:28​ – Discussion on Tesla’s change in position—from opposing subsidies to lobbying for them, reflecting competitive pressures. 00:03:03​ – Tesla Semi production details: expected start end of 2025; volume production March 2026; facility production capacity of 50,000 units yearly.

00:03:39​ – Cost advantages of electric trucks: electricity cost savings compared to diesel; potential fuel savings of $150,000 over 3 years.

00:04:15​ – Volvo’s progress in electric trucks vs Tesla’s production challenges.

00:04:48​ – Broader electric truck market overview including competitors like Volvo, Freightliner, Peterbilt, Nikola.

00:05:24​ – Role of tax credits in bridging upfront cost barriers and enhancing business cases for fleet operators.

00:05:59​ – Impact of expired incentives on different companies; advantages for established players.

00:06:35​ – Large logistics companies’ electrification goals made under assumption that tax credits continue.

00:07:07​ – Potential winners if the bill passes: established companies like Volvo and Tesla’s long-term prospects.

00:07:43​ – Advantages Tesla holds: premium branding, autonomous tech, vertical integration, cost reduction potential.

00:08:17​ – Potential losers: start-ups like Nikola, smaller fleet operators; impact on charging infrastructure and electrification pace.

00:08:52​ – Explanation of the timing challenges with proposed legislation: current date June 2025, incentives ending December 31, 2025, Tesla Semi timeline, narrow window.

00:09:33​ – Implications of the limited delivery window for buyers to claim tax credits and possible sales impact.

00:10:08​ – Political dynamics and uncertainty surrounding the bill’s passage.

00:10:46​ – Manufacturer responses: accelerating production or focusing on cost reduction strategies.

00:11:21​ – Real-world business impact: example of a 50-truck regional delivery company and how incentives affect payback period.

00:12:00​ – Ripple effects on dealers, charging operators, financiers due to changing economics.

00:12:35​ – Less affected segments like long haul and local delivery trucking perspectives.

00:13:09​ – Forecasted demand surge if bill passes, possible supply chain chaos, and alternative legislative scenarios.

00:13:43​ – Possibility of bill modification or complete failure to pass, leading to different market outcomes.

00:14:21​ – Industry’s strategic adaptations: Tesla’s rush to deliver, competitors adjusting, charging infrastructure investment risks.

00:14:56​ – Conclusion about the bill as a pivotal test for electric truck industry viability and Tesla Semi’s critical juncture.

00:15:29​ – Call for viewer engagement with questions about readiness of electric trucks without incentives.

00:16:03​ – Preview of next video focusing on technologies enhancing electric truck competitiveness without subsidies.

https://youtu.be/pzHr1o9CUBk?si=RHJKknJ6dhUnPmlX

• This reply was modified 11 months ago by  Sapna Sharma.

[Lori]

WASHINGTON, June 9 (Reuters) – President Donald Trump said on Monday he has no plans to discontinue Starlink at the White House but might move his Tesla off-site, following his announcement over the weekend that his relationship with Elon Musk, the billionaire CEO of both companies, was over.
“I may move the Tesla around a little bit, but I don’t think we’ll be doing that with Starlink. It’s a good service,” Trump told reporters, referring to the satellite internet company that provides high-speed broadband access. It is a unit of Musk’s SpaceX.

https://youtu.be/y_Am2NcN5q4?si=EG116UIqfw142gRc

[Lori]

Gustan Cho Associates has the following wholly-owned subsidiary companies.

1. Great Community Authority Forums

2. GCA Mortgage Group

3. Mortgage Lenders For Bad Credit

4. Non-QM Mortgage Lenders

5. Preferred Mortgage Rates

FHA Bad Credit Lenders

Over 80% of the borrowers of Gustan Cho Associates are folks who couldn’t qualify for a mortgage.

Gustan Cho Associates takes borrowers with credit scores down to 500 FICO. We are an all-in-one, One-Stop Mortgage Shop. Instead of telling our viewers what we do, it is easier to say what we do not do. We do business funding, commercial loans, hard money loans, and residential loans without lender overlays on FHA, VA, USDA, and conventional loans. We also offer non-QM mortgage loans. Gustan Cho Associates and its wholly-owned subsidiary companies are mortgage brokers and correspondent lenders. We have a lending network partnership with 280 wholesale lenders and investors. Licensed in 48 states, including Washington, DC, Puerto Rico, the United States Virgin Islands, and Guam.

• This reply was modified 11 months ago by  Gustan Cho.
• This reply was modified 3 months, 1 week ago by  Sapna Sharma.

[Lori]

Silver price will definitely break $1,000 per ounce. Hands down. There is no doubt about it. Matter of months or a few years.