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Microcap & Penny Stocks : The FR REFR Thread -- Ignore unavailable to you. Want to Upgrade?

To: firstresponder who wrote (69)	4/3/2025 1:59:17 PM
From: firstresponder	1 Recommendation Recommended By DashernComet Respond to of 70

Nuff sed: "It began with the President attacking the EV measures passed by the last administration through the Inflation Reduction Act and other initiatives, Mr. Trump is completely hamstringing essential government support for this transition – one that is akin to the greatest tech upgrade in history. Unravelling the economic support for EV/battery manufacturing in the U.S. – even billions of dollars for red states – will unquestionably put America even further behind the Chinese, whose companies such as BYD already dominate the global EV market, and whose technological lead in the sector can be seen in the astounding number of patents the country is producing. Meanwhile, Mr. Trump’s policies that attack American universities and drain research funding undermine one of America’s greatest engines of innovation, and trashes a comparative advantage that the U.S. has held for decades – certainly since the 1930s, when Germany’s shift to fascism killed its own academic advantage. But the tearing down of what could have been a golden age for the United States truly got into gear with Mr. Trump’s irrational and unprovoked tariff war upon the integrated North American auto sector – and a USMCA regime that he himself created – is cratering private investment, prompting auto companies to delay the introduction of major new vehicles, and making the cost of doing business in the auto sector untenable. Mr. Trump may be targeting Canada and Mexico to force “reshoring” of auto manufacturing, but he’s simply causing industrywide chaos that results in production uncertainty and delays, such as that of the next generation Ford F-150, North America’s best-selling vehicle. Even if Mr. Trump’s “tariffs to force reinvestment” plan was eventually to come to fruition, it would mean a destructive restructuring of the North American sector, one that would effectively “destroy the village in order to save it.” Estimates are that the cost to automakers of abandoning existing facilities in Canada and Mexico would be north of $50-billion. Worse, it would take years to build new factories, find new workers and rebuild shattered supply chain networks. Moreover, forgoing the already existing benefits that automakers gain from building across North America – labour costs, specialization, currency rates, etc. – will put American companies such as GM and Ford even further behind. Mr. Trump might think that he is attacking Canada and Mexico, but as Ford CEO Jim Farley has stated, tariffs will “blow a hole” in the U.S. sector. All told, Wednesday’s announcement compounds what is already a recipe for disaster. By attacking Canada and Mexico with tariffs, Mr. Trump spikes inflation, chills investment and ultimately destroys American automakers’ home-field advantage just when they need certainty and stability; by cutting the IRA measures to spite Joe Biden, Mr. Trump only pushes America further back in the EV race, and basically abandons the field to the Chinese; by gutting universities, he gives away a long-standing strategic advantage in research and development and soft power. Once these advantages are gone, they’re not coming back. And if Mr. Trump thinks that putting his eggs in Elon Musk and Tesla’s basket is enough for the U.S. to keep pace, he’s about to face a rude awakening. Just as the President is enthusiastically destroying America’s Industry 4.0, Mr Musk is busy single-handedly orchestrating the greatest destruction of brand value in business history as Tesla’s sales crater, protests mount, the company has little new future product coming down the pipe, and the Cybertruck is a disaster. In some ways, it is a great irony that Tesla, once seen as the American avatar of the fourth industrial revolution, has instead become a symbol of the now well-known adage that ETTD – “everything Trump touches dies.” In this case, far from any “Liberation Day” or “Golden Age,” Mr. Trump is killing America’s technological and economic future."