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One Big Beautiful Bill - Section 899 - Increased US Taxes on Foreigners Investing in US

Hopefully Tesla share price bounce back today as Trumps response on Truth Social tanked the stock price overnight....lol

2025-06-06 13-19-07.webp
 
Look at how he trashed the whole EV car industry . He is good

You mean the same guy that laughed at BYD 13 years ago....lol?



Chinese EV titan BYD annual sales hit $100 billion eclipsing rival Tesla​

https://edition.cnn.com/2025/03/25/cars/china-byd-annual-sales-pass-tesla-intl-hnk/index.html




'US no longer a safe nation for investment': Why Carmignac chief economist thinks Trump's 'revenge tax' will backfire​

https://www.msn.com/en-in/news/othe...-trumps-revenge-tax-will-backfire/ar-AA1Gd4pj


---- quote start

Wall Street consensus

According to Bloomberg data, the Wall Street consensus is that the tax provision would further decrease investors' confidence in US assets, which are already shaken by Trump’s trade policies and America’s deteriorating fiscal accounts.

The tax provision could trigger a 5 per cent fall in the dollar and a 10 per cent selloff across equities, according to Allianz SE chief investment officer Ludovic Subran.


-- quote end
 
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You mean the same guy that laughed at BYD 13 years ago....lol?



Chinese EV titan BYD annual sales hit $100 billion eclipsing rival Tesla​

https://edition.cnn.com/2025/03/25/cars/china-byd-annual-sales-pass-tesla-intl-hnk/index.html




'US no longer a safe nation for investment': Why Carmignac chief economist thinks Trump's 'revenge tax' will backfire​

https://www.msn.com/en-in/news/othe...-trumps-revenge-tax-will-backfire/ar-AA1Gd4pj


---- quote start

Wall Street consensus

According to Bloomberg data, the Wall Street consensus is that the tax provision would further decrease investors' confidence in US assets, which are already shaken by Trump’s trade policies and America’s deteriorating fiscal accounts.

The tax provision could trigger a 5 per cent fall in the dollar and a 10 per cent selloff across equities, according to Allianz SE chief investment officer Ludovic Subran.


-- quote end
I am very afraid of going back to USA now. It's a scary situation for everyone. See Los Angeles city chaos in news . Saturday night live show would be very interesting with this kind of political climate created by all of this sad experience