Pivot Mamdani's Win, Palantir's Stock Slide, and Tesla's Pay Package
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Nov 7, 2025 Kara and Scott dive into Democrats' recent Election Night victories and their implications for future midterms. They explore Palantir's stock slide, driven by overvaluation concerns, while Tesla shareholders weigh in on Elon Musk's controversial trillion-dollar pay package. The discussion also touches on Trump's tariffs facing the Supreme Court and an intense rift within the far right after Tucker Carlson's interview with a far-right figure. Tune in for insightful analysis and entertaining banter!
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Democratic Sweep Reflects Generational Divide
- Democrats scored broad wins across states and local races, shifting the political narrative beyond “blue state” dismissals.
- Scott and Kara argue age and economic grievance drove turnout, revealing divergent political generations.
Fund IRS And Close The Tax Gap
- Enforce existing tax laws to raise revenue before creating new taxes or complex reforms.
- Scott recommends stronger IRS funding and an AMT for high earners to close the $700B tax gap.
Betting On Polls Went Awry
- Scott recounts trying to bet $300K on election markets but hit legal and logistical barriers.
- He involved a teenager to place bets and missed the chance to profit on a prediction.
