The article reflects on the recent actions of the U.S. president, likening his behavior to a car salesperson, which has sparked concern globally. The author expresses a paradoxical sense of optimism, observing that his antics may inadvertently benefit other nations, particularly China. The piece touches on the dramatic decline in value of brands like Tesla and Twitter under the leadership of notable figures like Elon Musk. It emphasizes the unprecedented financial downturn and the implications for the automotive and social media industries.
In China they have ironically nicknamed Trump the nation builder, meaning he is doing an incredible, bigly impressive job of bolstering the Chinese nation.
Last year the entrepreneur and professor Scott Galloway observed of X since Musk's purchase of it: No company over $1bn in revenue has ever lost 60% of its revenues in a 12 month period in a non-war period.
I keep finding myself feeling optimistic... not for America, which keeps electing him, but for the rest of the world.
We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly.
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