The David Pakman Show 5/26/25: Tesla collapsing, Trump terrified of Epstein files (CLASSIC EPISODE FROM 4/25/25)
May 26, 2025
Connecticut Governor Ned Lamont joins to discuss the fallout from Trump's tariffs and trade war, detailing how they're impacting state economies. He criticizes the chaos in the Trump administration, particularly around public trust. The episode also highlights Tesla's alarming 71% decline in net income due to the intertwining of politics and business under Musk's leadership. Concerns over a proposed autism registry initiated by the Trump administration raise eyebrows about privacy and data collection. It's a lively conversation on political strategy amidst economic turmoil.
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Tesla's Decline Explained
- Tesla's net income fell 71% in Q1 2025, mainly due to Elon Musk's focus on controversial projects and political alliances.
- Consumer backlash and a collapsing used Tesla market signal the brand's decline under Musk's leadership.
Pete Hegseth's Troubling Tenure
- Pete Hegseth's erratic behavior raises concerns about his alcohol use and job performance as Secretary of Defense.
- Despite lack of direct evidence, Trump reportedly plans to replace Hegseth due to growing internal opposition.
Trump's Epstein Files and China Blink
- Trump likely will never release Jeffrey Epstein files, probably due to self-preservation related to his own connections.
- He backtracked on his trade war with China, admitting tariffs will be lowered, which boosted the stock market.
