The closeness between Trump and Elon Musk is being cited as the main reason behind the losses of hedge funds. The funds that put pressure against Elon Musk’s company Tesla have suffered a huge loss of billions of dollars Tesla’s stock has soared since Donald Trump’s triumph. The closeness between Trump and Elon Musk is being cited as the main reason behind the losses of hedge funds. According to a Bloomberg report, from the day of the election to Friday’s close, the funds that took short positions against Tesla have suffered losses of at least 5%. Tesla’s founder and CEO Elon Musk announced his support for the term in July. He has emerged as Trump’s biggest billionaire supporter. He used his position as the world’s richest person to give an edge to Trump’s campaign. He was one of the people who donated the most money during the election. Trump has clearly said that he will reward the loyalty of those who have supported him during the election campaign. This statement shows that Musk will be a politically influential person in Trump’s new term, Clean Energy Transition CEO Per Lekhender has said. He had a small short position in Tesla before the election, which he worked off to a great extent, which kept his losses to a minimum. Tesla’s shares have risen by about 30 percent since the election and this has increased its market cap by more than $200 billion. Earlier in July, about 20 percent of the fund had put pressure against Tesla, but then after the company’s sales report came, he changed his position. Tesla’s performance is exceptional compared to other companies in the TV sector, where these indexes declined by about 12% in 2024. Tesla has risen by about a third century this year. Recently, the green energy sector has declined after Trump’s victory. Due to Trump’s promises to ban renewable energy projects, investors are afraid about the sector that Tesla will start feeling the impact of Trump’s anti-climate policies next year. Elon Musk has offered to play the role of Secretary of cost-cutting in the Trump administration. Trump is openly supporting this idea.
Donald Trump has made Saji Wills the Chief of Staff as the first official appointment in the White House in his second term and has made Marco Rubio the Secretary of State. Mike Wills has been chosen as the National Security Advisor. Suzy Wills was the co-chair of Trump’s 2024 selection campaign and Marco Rubio has played a very important role in Trump’s campaigning. Now more candidates are being considered in the transition team of the unelected President, who can work with Trump in the White House on January 20, 2025. Before moving forward, let us tell you that this is an evolving story and updates are coming in it. Trump has selected many candidates and there is still competition for more positions. Many of these are old faces who have worked with Trump before, but this time there is no plan to bring them back. Some media reports are saying that some loyalists of Trump will return and some new faces will also join. We understand that in Trump’s new cabinet, there will be new candidates. Who are the contenders for the position of Chief of Staff Donald Trump, who is 78 years old, is surrounded by new positions which can be on the cabinet, White House staff, and other key positions of the government. The first name is of Chief of Staff Suzy Wills. Suzy Wills and Trump played a big role in Trump’s victory over Harris. Suzy Wills, who is 67 years old, has worked in Republican politics for many decades. She will take over this position as Chief of Staff in the White House and she will become the first woman to take over this position. Wills started her work in the successful 1980s under the Republican Presidential candidate Campion. She worked with some moderate Republicans who promoted policies completely different from Trump’s. Suzy is also known as the youngest going Congresswoman. The second position is that of Attorney General. Trump is thinking of making such a person the Attorney General who can be trusted. Some of the names that have come up are Texas Attorney General Kent Pike, Matthew Whiteside, and Mike Davis. Mark Pavleter has also been named who is responsible for matters related to the Justice Department.
He has worked with the Leader of the US. The third position is not of Homeland Security.
This position will lead to securing the Mexican border and detaining illegal immigrants. Tom Wu, who has previously been the director of Immigration and Customs Enforcement, has been chosen for the post of Secretary of State. Florida Senator Marco Rubio’s name had come up to take over the post of US Foreign Minister and Donald Trump has chosen Marco Rubio as the Secretary of State. Marco Rubio has played an important role in the campaigning of Rubio Unit Labor. The name Cash Patel has come up for the Central Intelligence Agency i.e. CIA. Jeffrey Jones is also being considered for SBI Director. If Chris Roy is removed, then Michael Weiss, also known as Mike Walls, has been chosen by Trump as National Security Advisor. Mike Walls, who is the head of the India Fund, supported the move forward of this defense and security corporation with India. He served on deployments in Afghanistan and the Middle East several times where he received many awards, including the Bronze Star from the World. She has also served as an Afghanistan policy advisor at the Pentagon when Donald Trump was Defense Secretary.
Elsa Stefanik is being considered to be Trump’s representative at the United Nations, while Morgan Taylor and David Friedman are also in contention. Robert Lighter can be seen as the financial officer of the United Nations. Some other names like Scott St. and Jay Clayton are also included in this. Linda McMahon, who was formerly the Small Business Administrator, and other names like Brad Rollins are in contention for the post of Commerce Secretary. Governor Christian M. and North Dakota Governor Doc Burgman’s name is also coming up for the post of Interior Secretary. Doug Burgman is a contender to become Energy Secretary and has also worked on Labor’s new drill baby drill policy. For example, Tracy Level, who was the National Press Secretary in the last term, is being considered for this post. Robert Test Kennedy Jr., who is an environmental lawyer, can be appointed to a post related to public health. Last but not the list of the world’s richest person Elon Musk who has invested a lot of money in Trump’s selection camp, his name can also come up to bring changes in government efficiency in which Virat Rishi’s work will be focused on further improvement. Let us tell you that Elon Musk has also expressed his desire to join Trump’s cabinet. Trump can bring some new and old people in the new term, although three to four of these positions have already been confirmed. As we told you there is an evolving story, but we have shared with you the confirmation in media reports for further positions. In this information, only time will tell how many old people will come in Trump’s new ministry and how many new people like Elon Musk will enter.
Will Musk save the US government’s Rs 170 lakh crore?
Trump has formed a new department headed by his friend and famous industrialist Elon Musk, whose name is Department of Government Efficiency. If we say it in short, it will be called DoG. This department will keep an eye on the government’s expenditure and its efficiency and that is why today it raises two big questions about the world. First, is there a need for such a separate department in other countries too, which can keep an eye on the efficiency of the government, which can cut down the government’s expenditure second, will it ever be possible to include a big industrialist like Elon Musk in the government in the world? Can you even imagine that a big industrialist like Elon Musk will ever join the government in other countries too? Elon Musk has said that he can save about one-third i.e. Rs 170 lakh crore from America’s annual budget of Rs 533 lakh crore. Elon Musk is talking about increasing the intelligence level in America through cuts in just one year. According to the media of Western countries, Elon Musk’s intelligence level is almost the same as that of the famous scientist Albert Einstein. ‘s IQ level was 160, and Elon Musk’s IQ level is said to be 155, and from this, you can understand how intelligent and smart Elon Musk would be and now he will tell the government of a country like America how it can save its millions of rupees every year
Elon Musk’s minimalism The story of this billionaire who lives at his friends’ house
The world’s most extravagant man Elon Musk’s new home is Donald Trump’s home. Indeed, Musk is right now remaining in Trump’s Female horse Lagan room in Florida. Do you have at least some idea that Musk doesn’t have an extremely durable home of his own? He sold all his land in 2020 to support his fantasy about laying out a state on Mars. He says that he follows minimalism, that is, he spends his time in bare bones. Musk spends his nights at his friends’ house or office and keeps changing his location. Donald Trump, who has been elected as the 47th President of America, described Musk as his biggest ally in his victory speech. Apart from Musk, many other billionaires live a minimalist lifestyle like Warren Buffett, who has been living in a simple house since the 50s, and American businessman John Paul Jones, who does not have any permanent property.
Did Trump become the reason for Trudeau’s resignation: Again offered to make Canada the ’51st state’ of America, how did Trudeau lose his chair
The newly elected US President Donald Trump once again offered Canada to become the 51st state of America. Trump’s offer came just hours after the resignation of Canadian PM Justin Trudeau. On the social media platform Truth, Trump said that many people in Canada would like to become the 51st state. America will not be able to afford large-scale trade deficits and subsidies, while Canada desperately needs them. Justin Trudeau knew something and hence he resigned. If Canada joins America, there will be no praise, taxes will be reduced and Canada will get protection from the threat of Rishi and Chinese ships. There are many reasons for this, including trolling by Trump, the falling economy, rising inflation, the rebellion of his party leaders, and many other issues. So did Trudeau have to resign because of Trump and why does Trump not like Trudeau? Let’s know in the spotlight that apart from making Canada the 51st state of America, Trump has talked about taking control of Greenland and capturing the Panama Canal. Ever since Trump won the US election, he has been constantly trolling Trudeau. He threatened the 25th tariff on Canada. He called Trudeau the Governor while calling Canada the 51st state. He never referred to Trudeau as PM even once. Not only this, when Truth be told America went to meet him after Trump won the election last November, even then Trump called Canada a gate state and him the Governor of the state. According to the report, after these statements, Trudeau was also embarrassed in Canada. The leaders of Trudeau’s party wanted him to openly face Trump’s warnings, but he failed in this. The economic condition of Canada is also not good. Due to rising inflation and unemployment, the opposition party Conservative Party made it a big issue. Apart from all this, he resigned amid falling popularity in the polls and increasing pressure from his party. Experts consider Trump to be the main reason behind this, but in such a situation the question arises does Trump not like Trudeau at all? Even during Trump’s first term, his relations with Trudeau were not good. Just last month, Trump said that if Canada fails to stop illegal drugs and illegal immigrants from the border with America, then he will give a 25% discount on all Canadian products. According to BBC, due to this issue, in September last year, Canada’s Deputy PM Christopher Land resigned from his post, which was a big setback for Trump. 75% of Canada’s imports come from America. In such a situation, if Trump’s government increases its price by 25%, then Canada’s economy is sure to get a big setback.