Why lying is bad

Discussion in 'Tesla' started by bwilson4web, Dec 3, 2018.

  1. bwilson4web

    bwilson4web Well-Known Member

    Source: https://finance.yahoo.com/news/trump-says-china-agreed-cut-043641324.html

    U.S. President Donald Trump said China had agreed to cut import tariffs on American-made cars . . . said on Twitter "China has agreed to reduce and remove tariffs on cars coming into China from the U.S. Currently the tariff is 40%".
    . . .
    Beijing raised tariffs on U.S. auto imports to 40 percent in July, forcing many carmakers to hike prices in a major hit to the roughly $10 billion worth of passenger vehicles the United States sent to China last year.

    That put U.S.-made car brands like Tesla Inc (TSLA.O) and Ford Motor Co's (F.N) Lincoln at a major disadvantage as the move came soon after China slashed auto import tariffs for the wider market to 15 percent from 25 percent.

    TSLA went up ~$10 from Friday's close $350.48, to Monday's opening, $360.00. But this isn't real until we see confirmation from China or Tesla. Trump tweets so much BS, I can't believe anything he says or tweets.

    Bob Wilson
     
  2. Pushmi-Pullyu

    Pushmi-Pullyu Well-Known Member

    As Rachel Maddow likes to say on her show on MSNBC -- she says this of various truth-challenged politicians, not just the Orange One* -- "Watch what they do, not what they say."

    *aka 45 (or four-five), a designation especially appropriate considering its meaning in South African slang
    ;)
     
    Last edited: Dec 3, 2018

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