'Zohran Mamdani Will Crush...': Karoline Leavitt's BRUTAL Attack On NYC Mayor Hopeful
White House Press Secretary Karoline Leavitt took aim at Zohran Mamdani, the presumptive Democratic nominee in New York City's mayoral race. 'The Democrats are going all in on extreme policies and reckless ideas that are tearing apart the foundation of our nation,' she said.
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Deccan Herald
38 minutes ago
- Deccan Herald
Let AI explain why Tesla's critics are losing
By Matthew A WinklerAlmost everything said about Tesla Inc. these days ranges from bad to majority of 61 analysts following the electric vehicle and clean energy company led by Chief Executive Officer Elon Musk say investors should avoid buying the stock. Plummeting sales at home and abroad underscore Bloomberg Intelligence research showing 31 per cent of car buyers -- including 41 per cent of women who identify as Democrats – are less likely to purchase a Tesla after Musk, the unelected leader of the Department of Government Efficiency, became a pariah inside and outside the White House. President Donald Trump accused his biggest campaign donor of being a 'big-time drug addict.' Even Musk's artificial intelligence-powered chatbot, Grok, said Tesla is in a 'precarious position' with a 15 per cent to 25 per cent risk of a 'death spiral.'The media take on Tesla omits the unimpaired outlook that data compiled by Bloomberg show: The EV startup founded by engineers Martin Eberhard and Marc Tarpenning in 2003, still is the world's largest automaker, ninth-largest public company and worth more than the gross domestic product of Saudi Arabia. For all its might as the global sales leader, Toyota Motor Corp. is about a quarter of Tesla's $1.04 trillion market capitalization. The top 10 automakers, excluding Tesla, amount to $812 billion, or 78 per cent of Tesla's all the discussion about Tesla's lost cachet and 'demand problem,' the Model Y remains the best-selling EV model globally in 2025, which would be the third consecutive year if the trend holds, and shows no signs of losing its sales-leading position over legacy automakers in China, Europe and the US. Shareholders need only look at financial history to be unmoved by the doom mongering. Tesla's $97.7 billion of revenue last year is more than 30 times its sales a decade ago, outperforming the second-fastest growing company, China's BYD Co., whose most recent annual sales are 12 times its 2014 revenue..'Porky pig party': Elon Musk renews criticism of Trump's spending earnings before interest, taxes, depreciation and amortization (EBITDA), totaled $14 billion, more than 300 times the company's profit a decade ago. No. 2 BYD, grew 15 times based on its EBITDA, which measures core business profitability since this item excludes the impact to earnings from financing and tax decisions. Tesla's current market capitalization is 31 times bigger than a decade ago, which is another way of saying none of the top 10 automakers are competitive with Tesla's revenue growth, profit and market value, according to data compiled by Tesla on April 22 announced its biggest earnings disappointment in five years -- 27 cents a share in the first quarter, or 38 per cent lower than the 43-cents-a-share average estimate -- the stock rose 5.37 per cent the next day after Musk told shareholders the financial impact of autonomous driving will become material in the second half of 2025. The Tesla-designed computer chip for autonomous driving uses AI rather than expensive sensors and high-precision maps, and Tesla anticipates significant market share, potentially 99 per cent, or at least 90 per cent in the autonomous car market, according to data compiled by when the question 'Why is Tesla's market value four times Toyota's?' was addressed to the Bloomberg Terminal's Document Search and Analysis tool, the AI-driven function accessing news, research and analysis with full attribution and transparency, provided the following perspective:.Trumps suggests DOGE look at Musk subsidies to save AI and Autonomous Technology VisionAccording to Tesla's Q1 2025 earnings call on April 22, the company is positioning itself primarily as (an) AI and robotics company that will generate value through autonomous vehicles and humanoid robots, not just as a traditional to news, Tesla's AI and autonomous driving technology alone is valued at $1 trillion, according to Wedbush analyst Dan to Tesla's Q1 2025 earnings call on April 22, the company expects to achieve full autonomous driving capabilities at scale by mid-2025, which would transform their business and Future Growth ExpectationsAccording to news, Tesla's $1 trillion market capitalization is heavily influenced by Elon Musk's leadership and to Tesla's Q1 earnings call on April 22, management believes Tesla could become worth more than the next five largest companies combined with successful to news, analyst Gary Black argues that traditional automotive P/E ratios shouldn't be applied to Tesla due to different growth Integration and Manufacturing AdvantagesAccording to Tesla's Q1 earnings call on April 22, the company has significant vertical integration advantages, including battery production, lithium refining and manufacturing to Tesla's Q1 earnings call on April 22, the company is leading in humanoid robotics development and expects rapid scaling of this ChallengesAccording to news, Tesla faces multiple challenges including sales slump, profit declines, brand backlash and stock to news, there is significant debate among finance experts about whether Tesla's valuation is justified or disconnected from much as Tesla depends on 125,665 employees in the US, Europe and Asia, it has been sustained by the original foresight of its founders, Eberhard and Tarpenning and subsequently Musk, who provided the investment that enabled Tesla to disrupt and transform the auto industry.'People in general, and equity investors in particular, want to see absolute commitment and belief in a vision of a better future,' Nicholas Colas, co-founder of DataTrek Research, who covered the auto industry since the 1980s, wrote in a note to clients last week. 'They also want to be part of a winner's story, especially if there is an element of redemption in that narrative. That is something no algo or spreadsheet can understand, which is why hero-led companies are often so valuable.'
Indian Express
42 minutes ago
- Indian Express
Trump-backed bill may slap 500% tariffs on nations trading with Russia including India, China
US President Donald Trump has approved the introduction of a Senate bill that would impose a 500 per cent tariff on countries continuing to trade with Russia, including India and China, Senator Lindsey Graham said in an interview published Sunday. 'Big breakthrough here. So what does this bill do? If you're buying products from Russia and you're not helping Ukraine, then there's a 500 percent tariff on your products coming into the United States. India and China buy 70 percent of Putin's oil. They keep his war machine going,' Graham told ABC News. The bill, which Graham said now has 84 co-sponsors, aims to pressure countries like India and China to stop purchasing oil and other goods from Russia, thereby weakening its war economy and pushing Moscow to negotiate peace in Ukraine. 'My bill has 84 co-sponsors. It would allow the president to put tariffs on China, India, and other countries to stop them from supporting Vladimir Putin's war machine and get him to the table. For the first time yesterday, the president told me … I was playing golf with him [Trump]. He says, 'It's time to move your bill,'' Graham added. The bill, expected to be moved in August, is part of growing US efforts to tighten the economic noose around Russia as its war in Ukraine drags on. India and China have continued buying discounted Russian oil despite Western sanctions, making them targets of the proposed legislation. The bill is co-sponsored by Graham and Democratic Senator Richard Blumenthal. 'We are going to give President Trump a tool in the toolbox,' Graham said, adding that the president told him while golfing, 'It's time to move your bill.' Initially proposed in March, the legislation was delayed after the White House signaled opposition to expanding sanctions, as Trump was trying to reset ties with Russian President. However, the administration now appears ready to support the effort. Reports suggest the White House previously pressed Graham to soften the bill. The Wall Street Journal reported that the Trump Administration is 'quietly pressuring' the Senate to water down the legislation by turning 'the word 'shall' into 'may' wherever it appears in the bill's text, removing the mandatory nature of the prescribed reprimands.' The Journal's report gained further weight when Graham proposed a carve-out in the bill for countries that support Ukraine—an attempt to prevent a potential US-EU trade war if the legislation is enacted. President Donald Trump, speaking to Politico in mid-June, also signaled hesitation, saying, 'sanctions cost us a lot of money,' indicating a reluctance to pursue aggressive economic penalties. However, Secretary of State Marco Rubio later clarified that while such sanctions could disrupt the Ukrainian peace process, the administration has not ruled them out entirely. If enacted, the legislation could mark a significant rupture in US trade relations with both Beijing and New Delhi. For India, which counts the US as a top export market, the measure could have wide-ranging economic and diplomatic consequences.
NDTV
an hour ago
- NDTV
"I Don't Eat With Hands": Republican's Indian-Origin Wife Joins Zohran Mamdani Row
Washington: Indian-origin author Danielle D'Souza Gill has distanced herself from traditional Indian eating habits after backlash over her husband, Congressman Brandon Gill's remark mocking NYC mayoral candidate Zohran Mamdani for eating rice with his hands. "I did not grow up eating rice with my hands and have always used a fork," she said, responding to social media criticism. "I was born in America. I'm a Christian MAGA patriot. My father's extended family lives in India and they are also Christian and they use forks too. Thank you for your attention to this matter." I did not grow up eating rice with my hands and have always used a fork. I was born in America. I'm a Christian MAGA patriot My father's extended family lives in India and they are also Christian and they use forks too. Thank you for your attention to this matter. — Danielle D'Souza Gill (@danielledsouzag) June 30, 2025 Her comments came after her husband, a freshman Congressman from Texas, responded to a video of Mamdani by tweeting, "Civilised people in America don't eat like this. If you refuse to adopt Western customs, go back to the third world." The 2023 video shows Mamdani, who recently defeated Andrew Cuomo in a surprise Democratic primary, eating rice with his hands while reflecting on how his upbringing in Uganda and South Africa shaped his support for Palestine. Brandon Gill's comment was swiftly condemned as racist and culturally ignorant, sparking a flood of reactions online. One user wrote, "Your wife is South Indian. She grew up eating rice with her hands. You're literally marrying into it." This prompted Danielle's direct response, which has since been widely shared. Internet users also dug out images of Danielle's father, right-wing commentator Dinesh D'Souza, eating with his hands and even old photos of Brandon Gill himself eating pizza and hot dogs. "How do you eat tacos, french fries, burgers etc? Do you eat Lays with a fork too?" one user wrote in response to Gill. "Hello Civilised person from America," another added sarcastically, sharing a photo of Dinesh D'Souza eating with his hands. Zohran Mamdani's rising political profile, punctuated by his Democratic primary victory, has made him a lightning rod for Republican attacks. Some party leaders have questioned his loyalty, with President Donald Trump even threatening to cut federal funding to New York City should Mamdani fail to toe the line as mayor.
