So Wednesday was all about Tesla and Amazon, with the former plunging on concerns about fatal accidents that are maybe/maybe not related to Elon Musk’s Autopilot/auto lawsuit feature and the latter falling on jitters about whether Donald Trump is going to get sick enough of the Washington Post to take it out on Jeff Bezos.
We wrote extensively about all of those issues here, but suffice to say this is the situation for Tesla shares:
This is the situation for Tesla bonds:
As Bloomberg notes, yields there are still below “the average 9.21% yield on junk bonds with ratings in the CCC tier.”
And this is how things are shaping up for Amazon on the week:
Sarah Huckabee Sanders tried to reassure everyone that the President of the United States isn’t about to try and fuck over Bezos due to the editorial line at WaPo. “We have no announcements or specific policies that we’re pushing forward or considering taking” she said in her daily propaganda briefing.
Responding to Axios report this morning, Sarah Sanders says there are no specific policies that the White House is considering on Amazon pic.twitter.com/k5yhlVXNKD
— Axios (@axios) March 28, 2018
But while short on specifics, Trump isn’t short on agitation. Here’s are a fun couple of quotables from Charlie:
a person close to @POTUS tells @FoxBusiness: “Bezos is poking the pit bull with his coverage of Trump in @washingtonpost and based on what I know there’s only so much more Trump will take before he takes it out on @amazon” $amzn
— Charles Gasparino (@CGasparino) March 28, 2018
as in all things @realDonaldTrump his concern about @amazon isnt its business practices but its what he believes is the personal animus of its ceo @JeffBezos and the @washingtonpost to him and one person close to trump told me he’s preparing to lash out $amzn
— Charles Gasparino (@CGasparino) March 28, 2018