Furthermore, it's been factually proven that a big chunk of the claimed 'savings' are completely inaccurate. E.g. when DOGE claimed that they saved $1.75b by cancelling a $1.75b contract. A minor mistake from DOGE was that the full $1.75b had already been paid to the counterparty. Thus it had actually saved zero, zilch, nada. The level of misinformation coming out of this current government is frankly frightening. Anybody who thinks otherwise needs a strong look in the mirror.
It has been quite funny seeing Tesla collapse though. It must have definitely been humbling to Musk. To be fair, the Tesla market valuation has been over-inflated for many years.
Elon led the charge on causing massive disruption to the automotive industry and deserves a lot of the credit to this. But this isn't 2021 still. Tesla's products haven't improved at the pace that other companies (like BYD) have.
It is surprising to see Copper surging ahead and BHP stalling. I appreciate that Iron isn't as bullish as Copper, but Iron is still maintaining strong pricing levels in the grand scheme of things (noting BHP's industry leading iron ore cost structure).
BHP Price at posting:
$39.15 Sentiment: Hold Disclosure: Held
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