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RE: LeoThread 2024-11-08 06:46

in LeoFinance8 days ago

I think the reality might be worse than the bite when it comes to tariffs. Some of them could be much nastier, but I think there will be carve-outs for certain exports. So, I don’t think the impact will be as negative for tech and the supply chain. That’s why this is such a Goldilocks scenario for tech, and it’s a champagne moment for Tesla investors.

Dan, can you hear me?

Okay, here's the question: Be honest with me—can Elon Musk have an informal or formal role in the administration while still being the CEO of Tesla, SpaceX, and leading other ventures like Neuralink and The Boring Company?

Yes, I think he could have an informal role, but not a formal one, like a cabinet position. A formal role would complicate his ownership of Tesla and other companies. However, I believe he’ll be an unofficial advisor with significant influence within the White House. This could end up being one of Musk’s best strategic bets, aligning with Trump.