dboydefi

dboydefi

[Farzad 🇺🇸 🇮🇷 @farzyness]

OOOOHHHHH MYYYYYYYYYYY

[Elon Musk @elonmusk]

The first fully autonomous delivery of a Tesla Model Y from factory to a customer home across town, including highways, was just completed a day ahead of schedule!!

Congratulations to the @Tesla_AI teams, both software & AI chip design!

[Elon Musk @elonmusk]

Waiting for Dutch authorities and then the EU to approve.

Very frustrating and hurts the safety of people in Europe, as driving with advanced Autopilot on results in four times fewer injuries!

Please ask your governing authorities to accelerate making Tesla safer in Europe.

[Elon Musk @elonmusk]

All new XChat is rolling out with encryption, vanishing messages and the ability to send any kind of file. Also, audio/video calling.

This is built on Rust with (Bitcoin style) encryption, whole new architecture.

[Elon Musk @elonmusk]

True

[Bill Ackman @BillAckman]

Some have suggested that because China takes a very long-term view, China can ‘win’ a trade war with the U.S. which, according to the conventional view, is a much shorter-term player than China.

The problem with this assessment is that the longer the tariffs persist, the more rapidly every company that has a supply chain based in China relocates it to India, Vietnam, Mexico, the U.S. or some other country.

China has to understand this dynamic, which is why it should be highly incentivized to make a trade deal as quickly as possible. Unless it is clear that a company can continue to source from China on economically viable terms, it must leave the country.

The longer high tariffs persist, the greater the likelihood that no company can be confident it can rely on China for sourcing or production over the long term. This is true for US and non-US companies. As a long-term player, China must understand this dynamic.

The China tariffs are very damaging in the short term to companies that rely on China for a large percentage of their goods or for parts to make their products. This is particularly true for small companies who don’t have the wherewithal to weather the storm. If the tariffs were to persist, our government could provide loans to help companies manage their transitions out of China, but I don’t think this will be necessary.

The tariffs are similarly damaging for medium-size and large businesses, but their greater financial resources allow them to better manage the tariff burden until they can relocate production outside of China.

In light of the above, both China and the U.S. are highly incentivized to take the tariffs down to more reasonable levels — say 10% to 20% — as quickly as possible. The only thing stopping the reduction in tariffs to a more sensible level is the fear on the part of both countries’ leadership of looking weak.

A pause, however, would not be a sign of weakness because it requires both countries to take down their tariffs. It is just common sense.

Both countries know that the 145% tariffs have to come down now. They are just trying to manage the diplomacy in such a manner to make clear that it is a mutual decision as opposed to one country ‘going first’.

So let’s imagine the U.S. and China agree to a 180-day pause to allow for negotiations to take place.

Once the pause is announced, China would be highly incentivized to make a deal as quickly as possible, whereas we have time on our side. This is true because the longer the tariffs persist, the greater the reputational damage to China as a reliable country in which to do business, and therefore the higher the probability that US and non-US companies will leave.

A lower level of tariffs in the short term will enable companies to better manage the transition out of China. It is a near certainty they will leave unless and until a new and highly favorable deal is made with China. Even then, no company will be confident it can rely on China for a major portion of its supply chain. That cake is already baked.

There is no board of directors or management team who will ever again feel comfortable relying on China for a major portion of their supply chain. The damage has been done.

The only hope for China as a place to do business is for China to immediately come to the table and make a deal which provides permanent commitments addressing IP theft, forced technology transfer, market access restrictions, tariffs, and other barriers to doing business in China.

If instead China stubbornly decides to hold out and not negotiate due to pride or other emotional issues, China will suffer that much more severe and permanent economic consequences. In China holds out, I expect we will launch a loan program to enable US companies to better manage the exit from China.

Time is the friend of the US and the enemy of China’s in this negotiation.

A pause and negotiations should therefore begin soon.

Tell me why I am wrong.

[Tesla @Tesla]

💯

[Desiree Fixler @desireefixler]

Canada, your crisis isn’t US tariffs - it’s Mark Carney.

He’s lying, he will never grow your economy. Carney is a managerial elitist pushing the Davos agenda - Net Zero, CBDC, DEI and many other strangleholds on growth and freedom.

I know, because I was one of them. I traveled in Carney’s WEF circles for years. These folks don’t care about ordinary people, they’re only driven by autocratic power and money.

Free your country from this authoritarian heist. Unleash drilling, restore meritocracy and take back your prosperity. Dump him

[Pierre Poilievre @PierrePoilievre]

Does this look like change to you?

[Elon Musk @elonmusk]

What is happening in the UK!? 🇬🇧

[dboydefi @dboydefi]

@elonmusk 🔥🔥🔥🤘

[Elon Musk @elonmusk]

#1 News App in Canada!

[dboydefi @dboydefi]

@elonmusk 😂

[Elon Musk @elonmusk]

🇺🇸🇺🇸The future is gonna be so 🔥 🇺🇸🇺🇸

[Elon Musk @elonmusk]

The cavalry has arrived.

Men are voting in record numbers.

They now realize everything is at stake.

[dboydefi @dboydefi]

@elonmusk 😂

[Elon Musk @elonmusk]

My involvement in politics is not because I wish to be, but because I believe the future of the free world is at stake

[Elon Musk @elonmusk]

Very few Americans realize that, if Trump is NOT elected, this will be the last election. Far from being a threat to democracy, he is the only way to save it!

Let me explain: if even 1 in 20 illegals become citizens per year, something that the Democrats are expediting as fast as humanly possible, that would be about 2 million new legal voters in 4 years.

The voting margin in the swing states is often less than 20 thousand votes. That means if the “Democratic” Party succeeds, there will be no more swing states!!

Moreover, the Biden/Harris administration has been flying “asylum seekers”, who are fast-tracked to citizenship, directly into swing states like Pennsylvania, Ohio, Wisconsin and Arizona. It is a surefire way to win every election.

America then becomes a one-party state and Democracy is over. The only “elections” will be the Democratic Party primaries. This already happened in California many years ago, following the 1986 amnesty.

The only thing holding California back from extreme socialism and suffocating government policies is that people can leave California and still remain in America. Once the whole country is controlled by one party, there will be no escape.

Everywhere in America will be like the nightmare that is downtown San Francisco.