
Loading summary
Ryan Seacrest
Hey, it's Ryan Seacrest for Albertsons and Safeway with the Stock up sale at Safeway and Albertsons. Stock up and earn four times points at your local store when you purchase participating products. Save now on your favorite beverages from Red Bull to Coke, Monster 7Up body armor and Pepsi. Clip the offer in the app for event savings and look for participating items throughout the store. Shop in store or online. Plus you can even have your groceries delivered or use drive up and go to have your groceries brought to your car in the store. Restrictions and exclusions applied this Visit Albertsons or Safeway.com for more details.
Paige DeSorbo
Hey, it's me, Paige Desorbo, and I'm.
Debbie
So excited to share my new shoe collection at DSW filled with my favorite.
Paige DeSorbo
Styles and trends for spring. Because if you know me, you know I'm kind of obsessed with shoes.
Debbie
And by kind of obsessed I mean head over heels.
Paige DeSorbo
You're going to love these shoes.
Debbie
So snag super cute styles like cute.
Paige DeSorbo
Flats, fun heels and cool sneakers from.
Debbie
The Paige DeSorvo Collection right now at.
Paige DeSorbo
Your DSW store or dsw.com this episode.
Ryan Seacrest
Is brought to you by Hulu Life's full of little dramas. The kind you don't want. The annoying everyday kind. Hulu has the drama you want. Stream thrilling dramas like Law, SBU, NCIS and 911. Heart tugging dramas like Grey's Anatomy, Gilmore Girls and Scandal and fresh Hulu original dramas like Paradise, Good American Family and Nine Perfect Strangers. Let's pause the annoying everyday drama and play the drama you want. Hulu. The drama you want.
Sagar
Hey guys, Sagar and Krystal here.
Paige DeSorbo
Independent media just played a truly massive role in this election and we are so excited about what that means for the future of this show.
Sagar
This is the only place where you can find honest perspectives from the left and the right that simply does not exist anywhere else.
Paige DeSorbo
So if that is something that's important to you, Please go to BreakingPoints.com, become a member today and you'll get access to our full shows unedited ad free and all put together for you every morning in your inbox.
Sagar
We need your help to build the future of independent news media and we hope to see you@breakingpoints.com.
Paige DeSorbo
All right, so at the same time we have some very significant it's not just political news, but it is also political news. Let's put this up on the screen. So some aids are leaking to Politico that Trump is saying Musk is going to leave soon. So let me read you a little bit of this so you can get the smell specifics here. President Donald Trump has told his inner circle, including members of his Cabinet, that Elon Musk will be stepping back in the coming weeks from his current role as governing partner, ubiquitous cheerleader and Washington hatchet man. President remains pleased with Musk and his Department of Government efficiency initiative, but both men have decided in recent days it will soon be time for Musk to return to his business and take on a supporting role, according to three Trump insiders, who of course remained anonymous. Musk's looming exit comes as some Trump administration insiders and many outside allies have become frustrated with his unpredictability and increasingly view the billionaire as a political liability, a dynamic thrown into stark relief Tuesday after that Wisconsin Supreme Court race. It also represents a shift in that relationship. However, they go on to say that this doesn't mean that Elon will be completely out of the loop. One senior administration official said Musk is likely to retain an informal role as an advisor, continue to be an occasional face. Another caution that anyone who thinks Musk is going to disappear entirely from Trump's orbit is, quote, fooling themselves. This comes on the heels not only of that Wisconsin Supreme Court race where Elon went all in, he spent $26 million. He flew there, he did an event, he gave out million dollar checks. He was basically like bribing people to vote for his candidate and his candidate ends up losing by 10 points. But also, Musk himself had been making some noises about the temporary nature of his stay within the federal government. Let's go ahead and take a listen to what he told Bret Baier.
Sagar
You technically are a special government employee and you're supposed to be 130 days. Are you going to continue past that or do you think that's what you're going to do? I think we will have accomplished most of the work required to reduce the deficit by a trillion dollars within that time frame. So in that timeframe, 130 days and the process is a report at some point, 100 days, not really a report.
Paige DeSorbo
We are cutting the waste and fraud in real time.
Sagar
So every day that passes, our goal is to reduce the waste of fraud.
Ryan Seacrest
By $4 billion a day, every day, seven days a week.
Sagar
And so far we are succeeding.
Paige DeSorbo
So I think, Sagr, the easiest explanation here is that Trump now sees Elon as a political loser and a liability and wants to sort of distance himself from that whole situation, especially after the big loss in Wisconsin.
Sagar
Well, that's accurate now.
Ryan Seacrest
Probably.
Paige DeSorbo
Probably. Ryan had an interesting theory. I Don't know if you listened. So others have floated this as well, but he articulated it. So there's a possibility that Trump believes that Elon actually rigged the election in the fall, or at least isn't sure.
Sagar
Okay.
Paige DeSorbo
Because you remember Rogan was talking about like, ah, Elon knew before anybody that, you know, that he, that he had won. And Elon's got Starlink and it's all computer right with Elon Musk. And so it doesn't require you to believe he actually did that, to think that maybe Trump thinks that he actually did that. And so if you have, that would explain why he was so subservient to him long beyond what you would expect. And now that you have the Wisconsin result, it is like, oh, well, clearly you weren't able to pull it off there. So I guess you didn't actually rig the election for me in my favor. So now I can be done with you. That was the theory that Ryan flew, which I thought was kind of interesting.
Sagar
I don't know. That requires some mental jujitsu that I'm not quite ready to embrace. The easiest explanation is that he just gave him a quarter bill and that Trump is also. Just look at Trump. This time around, Trump has lost much of his edge what his ed last time. And I was, especially during this whole Mike Waltz saga. Anybody who looks like such a fucking idiot on television, that person got fired in the first term. I was there, I covered the entire thing. I watched this happen over and over again. If you had even one screw up like that, he would call you, he would scream at you, and you were done. I mean, it was, you know, one bad story. If it was embarrassing, that was it with Elon and with Mike Wall. Cause it's not just Elon, it's actually the whole government. It's that many of these guys. Howard Lutnick, I mean Lutnick has crashed the stock market like five different times.
Paige DeSorbo
That's partly inspiring. Also in this, I gotta tell Scott Bessant is.
Sagar
I'm not even talking at a mechanical level. He, in his presentation, he's just bad at this. Like his, his confirmation hearing was a disaster. He clearly does not have confidence in his in. He clearly does not have confidence in his public presentation. He was not prepared for primetime at all. Whenever the stock market there was fluctuating, I actually literally had the S and P live ticker and my phone in front of me as he was on Fox News. I was watching it drop as he continued to speak. Not good. It's like a Tim Geithner level situation from 2008.
Paige DeSorbo
And the whole reason he was picked is because Trump thought that he would inspire market confidence, kind of.
Sagar
I mean, Besant is one of those, like, more MAGA friendly figures from Wall Street. Like, he's somebody who made his fortune trading, but he's actually expressed a lot more nationalist beliefs about, let's say, the current tax deficits. Yeah, right.
Paige DeSorbo
But he wanted someone who would have the confidence of the markets who also had some of those, like, MAGA nationalist tendencies.
Sagar
Exactly correct. And he's just not doing a good job at a communic level. I'm just saying, basically, you can watch the results of that. He's not able to defend the policy all that well. I think the reason is not to make it even more about tariffs, et cetera, but if we go back and look at all of this, Elon has not tweeted once about the tariffs. Have you noticed that?
Paige DeSorbo
Yeah, Elon's not a tariff guy.
Sagar
Yeah. Elon actually supported Javier Milei whenever he cut all tariffs coming in and out of Argentina, which is kind of hilarious. But if we think just about Elon generally, he has become the lightning rod. He's destroying his own company. And he made Trump, made him the figure that we will all remember the most about the first hundred days, when the history is written of the first hundred days of the Trump administration, we will remember two things. Today, quote, Liberation Day, or I guess yesterday was Liberation Day. I apologize. Liberation Day. And we will remember dosh. That's what we will remember, the first 100 days. Everything else is bullshit. That you'll really just. It'll be footnotes. It won't even make the Oxford history. But those two things you can say quite clearly, it's obviously going to have the impact in terms of not even what it necessarily did, but for the implication internally of what he decided his presidency is about. And so we can see that clearly by outsourcing much of the spotlight. And the fights, I mean, really, politics is ultimately about the fights that you pick. That really is what it's all about. Trump was a genius in terms of picking those fights correctly during the campaign. But this time around, like Doge, the idea of government efficiency and all that was popular, but the more that you saw it executed, it was just obviously stupid. It was haphazard. It was, you know, there was no consideration. Elon himself is obviously not a good communicator. There is insane amounts of conflicts of interest. He's also just kind of an idiot in his general political presentation. And so you see all of that showing up in the Wisconsin numbers. And I think, you know, at the very least, Trump can conclude this is not good. This is becoming a problem for me from Wisconsin.
Paige DeSorbo
Wisconsin made it very clear. And we can put there's a new poll of how people feel about Elon. They don't like this guy. He is not popular. Put this up on the screen from Politico. So approval of how he's handling his work at doge is at 41% with disapproval at 58%. For Musk himself, the numbers are even worse. 60% have an unfavorable view of him, compared with 38% that have a favorable view. Yeah, I mean, he has all of the chaos and insanity of Trump and none of the charm. Doge, listen, it honestly, it actually was kind of hard to screw up this idea with the American public because people are on board with, oh, let's make it more efficient, let's cut the fat, whatever. Rhetorically, people were inclined to be on board with that, but it became incredibly and immediately clear that's not what was actually going on here. I mean, you have the level of just like cruelty of celebrating people losing their jobs and being axed. And you immediately get these stories that are like, oh, these aren't some unsympathetic pink haired liberal weirdo. We're talking about huge numbers of veterans who are losing their job. You're talking about just like normal people who were trying to do their best and are being unceremoniously kicked out. Then you see the level, and this is so obvious to everyone. The richest man on the planet who has his hands and involved in virtually every government agency. He's the one in charge of this. And then we get the stories about, oh, look, they changed this line item so that $400 million were going to Tesla. Oh, look, he's at the FAA and the SpaceX engineers are running around the building and they're pushing contracts in his direction. Oh, look at that. These agencies that were previously investigating his companies, now suddenly he's involved there and those investigations are nowhere to be found. So it did not take a rocket scientist to see what was really going on here. And to see that also I think probably the most politically damaging is how aggressively he has, both rhetorically and in reality, gone after the Social Security Administration. These things are profoundly, profoundly unpopular in a way that Donald Trump always used to at least understand. And to your point, which is one that has been increasingly apparent to me too, I do think Trump is way more checked out of most of his administration now I think the tariff policy, I think that is all him. Right, all him. And ChatGPT, I think that is he is leading the charge there. You can see in the way Scott Bessant is so uncomfortable in defending it and doesn't want to even speak and specifics about what this policy entails. I think that is all him. But even in the leaked signalgate chats, it's all like, it's like he completely deferred this important foreign policy to this band of idiots and wackos who are there, like kind of who don't even really seem to know exactly what it is that Trump wants them to do. So so many parts of this are he's hands off and he's just handed it over to Elon Musk. I think the other person that he's handed a lot of his policy over to is Stephen Mil.
Sagar
Oh yeah. Well you know, even to be honest, I don't see it though because Steven, you might be right in the aliens and enemies thing, but look at all the other Ls that the Pro immigration side has taken. I didn't bring this up cause I already had too much to say about tariffs. But an hour into the talk, Trump said, by the way, we need a lot more legal immigrants to fill all these manufacturing. I was like, wait, what? I was like, excuse me, what's going on there? So that's not even an H1B argument, right? He's making the argument that we need more workers to replace or okay, sorry. To fill all of these brand new manufacturing jobs that you're taking. I know for a fact that Stephen Miller of them have been fighting against that behind the scenes. So Stephen Miller, yes, he got his alien enemies act, but I mean there's been no change on H1B. Trump is out there basically like simultaneously endorsing McKinley esque tariff policy, but then neoliberal immigration policy. These don't make any sense. I would say Elon has been empowered. And also what I noticed the most about Trump is I don't think they necessarily planned this whole thing with Elon. But then what happened when Elon became a lightning rod? Trump is obsessed with quote, not giving a scalp, even behind the scenes. It's obvious he thinks Michael Waltz an idiot, but he doesn't wanna fire him because it would mean vindicating Jeffrey Goldberg. Well, with Elon, who has become this liberal lightning rod, same thing. He doesn't wanna give his enemy's a scalp. Phase him out or whatever over a period. But I mean the issue is Just the amount of damage that they're doing in the interim. Look at the Wisconsin numbers. We haven't even gotten a chance to really react here. I mean that was a midterm level turnout for some freaking judges race. I couldn't even tell you who the judge where I come from is. And that's, you know, Wisconsin voters were like, we got more ads on our TVs and we had more touch points than we did in the presidential election over this whole thing. That's the number of Democrats that came out to. It wasn't even close. It was like 55. 45.
Paige DeSorbo
Yeah.
Sagar
Percent margin of double digit victory is insane.
Paige DeSorbo
Yeah.
Sagar
Now think about what's going to happen here in Virginia. Oh my God. What Spanberger, what do you think is going to win by 20 points? It's going to be unbelievable. So yeah, that's where the Elon problem is in. You know, just by not quote, giving the enemy a scalp, you're creating a massive, massive political problem.
Paige DeSorbo
I don't think Trump cares though. Like I don't, I don't think he cares about the midterms. I think, I think he already expects Republicans are going to lose the House in the midterms. And so I don't know that that's really all that important to him. And so more he's less concerned about electoral fallout and he's more concerned about him being able to exercise maximal amounts of power and enforce maximal amounts of fealty. And so that's where the terrorists come in and the media tax university, all of those sorts of things. But yeah, that's I think a really good insight with regard to him not wanting to give in to like the liberals or the liberal media or whatever with regard to Elon, especially when they immediately started cheering, doing the like he's the co president and when they immediately started predicting like there's no way that these two are going to be able to coexist and Trump's going to fire him. And then I also think that Trump is so enamored with money and so enamored also with like IQ that I think he's kind of, he is a little spellbound by Elon too. Like I think Elon was able to. Trump has his own reality distortion field that comes more from his like, you know, his charm and this giant personality. Elon has a reality distortion field that comes from, you know, him positioning himself as this like grand great man and he's the richest man on the planet and that's what Trump ultimately respects. So I do think that he was also a little bit spellbound by Elon.
Sagar
I think that's certainly part of his.
Ryan Seacrest
Hey, it's Ryan Seacrest for Albertsons and Safeway with the stock up sale at Safeway and Albertsons. Stock up and earn four times points at your local store when you purchase participating products. Save on household essentials from General Mills, Kellogg's, Philadelphia Quaker, and Tide. Clip the offer in the app for event savings and look for participating items throughout the store. Shop in store or online. Plus, you can even have your groceries delivered or use drive up and go to have your groceries brought to your car at the store. Restrictions and exclusions applied. Visit Albertsons or Safeway.com for more details.
Debbie
Hi, this is Debbie, your blinds.com design consultant.
Sagar
Oh, wow.
Paige DeSorbo
A real person. Yep.
Debbie
I'm here to help you with everything from selecting the perfect window treatments to.
Paige DeSorbo
Well, I've got a complicated project.
Debbie
No problem. We make the complex simple and I can even help schedule a professional measure and install.
Unknown
I didn't realize you did that.
Debbie
Yeah, we can also send you samples fast and free.
Sagar
Wow.
Unknown
I mean, I always thought I needed.
Paige DeSorbo
To designer to come to my home.
Unknown
But scheduling is always a Nightmare.
Debbie
Not with blinds.com we're on your schedule and there's no haggling, no pressure, no hidden fees either.
Unknown
Hmm.
Paige DeSorbo
I just might have to do more.
Debbie
Oh, okay.
Sagar
Whatever you need.
Debbie
How about you tell me what you had in mind?
Paige DeSorbo
Okay then.
Sagar
So the first room we're looking at.
Unknown
Is for guests coming over.
Debbie
Blinds.com has covered over 25 million windows, all backed by a 100% satisfaction guarantee. Shoplines.com now and get up to 40, 40% off with minimum purchase. Rules and restrictions may apply.
Unknown
Let's be honest. Most of us have a love hate relationship with wired bras. We love the lift, but hate the digging. We love the support, but hate feeling trapped. Well, Nyx just changed everything with Free Flex, a wired bra actually designed to work with your body, not against it. Free Flex features a revolutionary flexible wire that moves when you move, bends when you bend, and keeps everything exactly where you want it. No poking, no stabbing, no constant readjusting, just freedom to move. It also has a demi cup shape for a natural lift with a lower neckline that flatters in everything from V necks to dresses. And because it's from Knicks, it's available in sizes for every body. Experience the first wired bra you'll actually want to wear all day. Visit knicks.com for 15% off your order with Free Flex 15. That's knix.com code Free Flex 15 for 15% off nix.com all right, should we talk about Tesla?
Paige DeSorbo
Yeah. So while this political fallout is unfolding for Elon, business fallout is also unfolding. We can put this up on the screen. Tesla deliveries came in way below even expectations, which the expectations were already not good, but they sank 13% in the first quarter compared to where they were last year. So I'll go ahead and read you a little bit of this article. Tesla's global vehicle deliveries fell 13% the first first quarter from a year ago. Further evidence that a growing consumer backlash against the brand and Elon Musk is hurting the automaker's business. The final quarterly tally of 336,000 missed analysts expectations of 396,000 deliveries. According to visible Alpha, Tesla shares fell. We'll see what Tesla shares do today when markets open. Yeah, it's going to be, you know, it's going to be not good for them. But, you know, some of this is not just Elon being this incredibly divisive, toxic lightning rod figure. And remember, it's not just our politics. Obviously he's been the most front and center, but it's not just our politics. He also has been tweeting about all kinds of countries around the world, but specifically intervened in Germany, specifically intervened in the uk. And you have to remember who is the typical EV buyer. These tend to be more liberal types. So when you have someone who has aligned himself in such an aggressive, partisan, outspoken way, owning Twitter as well, with far right movements not just here, but around the world, yeah, there's going to be incredible fallout. And at the same time, you have other EV makers, BYD being the most prominent of them, but others as well who are really competing now. For a while, Tesla was really kind of, even in the us, was really the only EV game in town, so to speak. And now even in terms of US automakers, you have increasing competition in the market. And so it's the perfect storm for catastrophic fallout for Tesla as a company. And the board is really stocked with Elon, like total loyalty, like his brother's on the board, for example. So you would think maybe the company at some point would be like, you know, being so closely associated with this guy is not really working out for our brand. But I don't think there's any. He's not in any kind of danger of that because they were specifically selected to be with him no matter what.
Sagar
There are two things can be true. Tesla would never be where it was today without Elon. And also Tesla's downfall if it does come will be because of Elon. That's really where things are right now. Go ahead and put this next one up on the screen because this is where all of my attention is right now. At the very same time that you're seeing global market drop for Tesla, which, let's face it, like I said, it's the premier electric vehicle made by the United States. And one of our exports, it was one of the crown jewels actually of the major US economy. If you think about it, this is an auto company startup that was able to export and become a brand and bestseller across the world. That's one of the best case scenarios you could actually make for a US company. But at the same time, what we've been talking a lot about in the last several months is BYD. And BYD sales have now topped 100 billion for the very first time. Actually, their demand is exploding right now. Their revenue is up 29% from last year. And actually you have seen increases in the very same markets where you are seeing Tesla decrease. Right. Remember, the rest of the world doesn't necessarily ban Chinese electric vehicles the way that we do. And they're cheaper. That's the other extraordinary thing. Tesla's revenue and BYD revenue can be roughly similar. BYD has to sell three times the number of cars that Tesla does to be able to reach that same level. Now, of course, they have access to China, the world's greatest consumer market. So, you know, there are a lot of other mitigating factors. But look, you just can't simply sit here and deny that this is not a even bigger problem. This is not a big problem for Tesla because what is happening in Germany, in Mexico, I mean, the entire idea of Tesla, their strategy is they basically had to choose are we going to be a luxury brand or are we going to brand that is accessible to the everyday person? That was their, you know, they went for it, the Model 3. That was really what made it a multi trillion dollar company. Well, that's what we're sorry, multibillion dollar company. What their strategy is to sell as many of these threes and Y's as possible to, you know, the average consumer and to make it so that the everyday man could afford it and to be in one as opposed to some sort of luxury vehicle strategy. Well, now you're competing against byd, which not only has state subsidization from the Chinese, it's also just a fantastic car. And those are two things that are very, very difficult to beat. Oh, and did I mention tariffs on top of all of this. If you're a foreign country, what's the easiest way to kneel? Trump, what are you going to do? I'm tariffing Tesla tomorrow. Right, There you go.
Paige DeSorbo
Yeah, absolutely. And the Tesla stock is also very vulnerable because for a long time, a lot of analysts have looked at the. And said this level of valuation, given the number of cars that they actually sell is crazy, does not make any sense. But there was a story about, especially after Trump gets elected, well, he's going to be close to Trump and that's certainly going to help his business a lot. That one didn't really work out for him. And then also, well, the technology that goes into Tesla, that's going to be the thing in the future. And we also haven't really talked about the way that one of the things that Elon wanted to be very invested in was these automated taxis and Waymo was eating their lunch in that regard, so.
Sagar
Yeah, that's right. Yeah. We haven't talked as much about Waymo. You know, I saw one the other day here in Washington, D.C. but there was actually a driver behind the wheel, so I'm not sure how that works. Yeah, I still have not been in one. I would love to go.
Paige DeSorbo
But they have really cornered the. To the extent that, you know, the autonomous robot taxi market exists at this point, which, if you go out to, what, San Francisco, these things are in the street everywhere. It's Waymo, it's not Tesla.
Sagar
That's right. And they're trying. They've got the. What is it? The robo taxi, I think, which is coming online, but same thing. Like you said, that was part of the strategy. So it's incredibly vulnerable now to his overall. You know, I just want to return to something we were talking about earlier in our Elon block. Elon did kind of give the game away when he's like, you know, why the midterms matter? Because if the Democrats take the House, they're going to subpoena and investigate us.
Paige DeSorbo
That's right.
Sagar
And I was like, yeah, that actually.
Paige DeSorbo
Dude, yes, they are.
Sagar
You should really worry, like, if I was Elon, he's lucky he's rich, because you better be ready to lawyer the up. Like, you are going to spend $100 million in. In legal fees just appearing before all these, or even fighting all these subpoenas from all these, what, House subcommittees and all of this. And you can't. Look, you can't blame the Dems for doing that whenever that's the chief political opponent of people who are energized against. Right. Well, I mean, they're giving. One of the mandates they're gonna run on is we're gonna stop Trump and Elon. So of course they're going to investigate Elon Tesla, subpoena all of this stuff.
Paige DeSorbo
Because also the things he's doing are like wildly illegal. I mean, you know, something didn't even make it into the show today because of all the other shit that's going on. But, you know, RFK Jr. Is doing these massive doge cuts at HHS. And you can just look at. I talk about one of these in my monologue, actually. You can just look at these individual programs. Like one is called liheap, it's the heating program, Low income heating assistance program, so that, you know, old people who are poor in Maine don't like, freeze to death during the winter. These are congressionally authorized programs. Like Congress said, we want to do this and here's the money to do it. And now Doge comes in and just zeroes out the workforce, so there's no one there to administer the program like this is. To me, it's a blatant violation of the separation, the checks and balances between these various branches. And obviously the courts have looked very skeptically at many of the things that Doge has done. So they have entirely legitimate, like, legal reasons that they wouldn't wanna look into this. Not to mention the level of secrecy. I know Elon likes to pretend like there's tons of transparency here, but there's not the level of secrecy around who is doing what and to what ends and to benefit whom, et cetera. So, yeah, of course they're gonna be off to the races with endless investigations and subpoenas. And I think it's, I mean, I think it would be shocking at this point if Democrats didn't win big in the midterms because not only did you have the Wisconsin race double digits in the liberals favor, but if you look down at those two Florida, both of them, Florida special election seats, it was roughly a 15 point swing.
Sagar
Yeah, exactly.
Paige DeSorbo
Towards the Democrats. Now, midterms will be a little bit higher turnout, but Republicans have a low propensity voter issue at this point. Democrats are highly motivated. Republicans have a razor thin margin. Like I said, I'd be shocked if Democrats don't take the House. And I think Trump has already written off the idea that they'll be able to hold onto the House. The last piece we have here, with regards specifically to Tesla, you can put this up on the screen, is understated in all of this is just what an incredible flop the cybertruck has been. They've had issues with safety and with recalls. Every cybertruck effectively was just recently recalled because some of the trim can just fly off because it's just glued on. And we now know that they're sitting on $200 million worth of Cybertruck inventory. They're having so much trouble moving cybertrucks that they actually have banned people from, you know, current cybertruck owners from trading in the vehicle at Tesla dealerships. So they say Tesla's having issues selling new cybertrucks. The automaker is reportedly not taking any as trade ins, so they won't accept their own vehicle as a trade in. Many cybertruck owners reported trying to trade in the truck for a new vehicle. They were told the automaker currently doesn' accept its own vehicle as a trade in. Some owners who have had their trucks in service for extended periods of time are also trying to get Tesla to take it back. Companies forcing them to go through the lemon law process. And then other dealerships also are either not taking in cybertrucks or they're giving incredibly low ball offers to potential sellers as they wait to see where the price will stabilize. Right now, used cybertruck prices are down 55% year over year, 13% over the last three months and 6% over the last month.
Sagar
Yep. Not good. And especially because the cybertruck has just become like a symbol of Elon.
Paige DeSorbo
Yeah, that's right.
Sagar
That's really where.
Paige DeSorbo
Yeah, that's exactly right. It's such a, like in your face vehicle to buy.
Sagar
It's a unique vehicle.
Paige DeSorbo
Right.
Sagar
And then you made that vehicle political. It's like. Well, that's not necessarily like I said before, you know, if you got a truck that's like 80,000 to $90,000, there's only a certain subset of people that can afford that or I guess should afford that.
Paige DeSorbo
So as much as you may want to own the libs, you maybe don't want to own them to the tune of $90,000. Right, that's true.
Sagar
Although there are a lot of people out there driving what, Ford F150 or what's the bigger one? Not bigger than Ford F150.
Paige DeSorbo
250. Yeah, the Super Duty.
Sagar
What are the double deckers, the ones.
Paige DeSorbo
That are like super wide?
Sagar
The dually. That's what the control room is telling me. There are a lot of guys out there who owe like 80 grand to their local Ford dealership. But we could talk about, about personal finance and stuff for another day.
Paige DeSorbo
Yeah. But I mean, also, look, it's still like, it's still kind of a pain in the ass to own an electric vehicle. You know, like the charging network is still like, eh, it's okay, but it's still kind of a pain in the ass.
Sagar
I would say it's a quote, pain in the ass, but it is for.
Paige DeSorbo
Well, if it's your primary vehicle and you're wanting to use it for like long road trips and stuff like that.
Sagar
Yeah, you're gonna stop more. There's no question.
Paige DeSorbo
Yeah.
Sagar
I mean, at the same time, like, most people do stop, statistically, they usually stop every like two to three hours, so. So it's more that your stop will be a little bit longer. The truck case is really more about like, if you're statistically more likely to live in a more rural area. So you're gonna have less access to charging, et cetera.
Paige DeSorbo
Yeah. Which is where a lot of Trump supporters would be.
Sagar
Which is where a lot of Trump people would be. So anyway, we talk about that later.
Paige DeSorbo
Yes.
Sagar
Yeah, a lot of you don't need trucks, though. Specifically, talking to my Texans out there living in a suburb with an $8,000 truck is stupid. But we'll get that to that later.
Ryan Seacrest
Hey, it's Ryan Seacrest for Albertsons and Safeway with the Stock up sale at Safeway and Albertsons. Stock up and earn four times points at your local store when you purchase participating products. Save now on your favorite beverages, from Red Bull to Coke, Monster 7Up body armor and Pepsi. Clip the offer in the app for event savings and look for participating items throughout the store. Shop in store or online. Plus you can even have your groceries delivered or use. Drive up and go to have your groceries brought to your car at the store. Restrictions and exclusions apply. Visit Albertsons or Safeway.com for more details.
Unknown
Let's be honest, most of us have a love, hate relationship with wired bras. We love the lift, but hate the digging. We love the support, but hate feeling trapped. Well, Nyx just changed everything with Free Flex, a wired bra actually designed to work with your body, not against it. Free Flex features a revolutionary flexible wire that moves when you move, bends when you bend, and keeps everything exactly where you want it. No poking, no stabbing, no constant readjusting, just freedom to move. It also has a demi cup shape for a natural lift with a lower neckline that flatters in everything from V necks to dresses. And because it's from Nyx, it's available in sizes for every body Experience the first wired bra you'll actually want to wear all day. Visit nyx.com for 15% off your order which with Free Flex 15 that's K-N-I-X.com code freeflex15 for 15% off nix.com It's.
Debbie
Wednesday night after a long day and the last thing you want to do is cook dinner from scratch. But you still want a satisfying, tasty meal without the guilt. Enter your freezer's sidekick, Caulipower. From thin and crispy cauliflower crust pizzas to all natural white meat, chicken tenders and crowd pleasing snacks, Cauliflower satisfies every craving. Cauliflower's products are your favorite comfort foods but made better for you and gluten free. Always the best part. You don't have to sacrifice taste or time so you can honor your cravings without compromising craving. Pizza. You can enjoy Caulifow's delicious Margherita pizza for only 370 calories for half the pizza. Looking for easy snacks that kids and adults alike will love, Cauliflower's baked, never fried pizza snacks are nostalgia reimagined and ready in five minutes. Cauliflower's products are available in freezer aisles nationwide. Visit eatcolipower.com where to buy to find a store near you.
Paige DeSorbo
All right, let's get to TikTok. So we got another deadline for some sort of deal or sale. You'll recall that Trump, at the beginning of his administration, a law had been passed through Congress that was like, okay, there has to be a sale or it's being shut down. And Trump basically came in and said, I'm just not going to enforce that law. And he gave himself a deadline up until this date. And that's coming now, I believe this weekend. So we're getting down to crunch time here yet again of what is going to happen with regard to TikTok. So let's put this first element up on the screens from the Financial Times. They say the White House is close to approving the sale of TikTok's US unit to investors. This is a group of investors including Blackstone and Andreessen Horowitz among the firms that would wrest control of the social media site from China's ByteDance. Let me go ahead and read to you a little bit of the details. They say under the terms of the transaction, a group of new outside investors, including Andreessen Horowitz, Blackstone, Silver Lake and other large private capital firms would own about half of TikTok's US business. According to several people familiar with the matter, that U.S. unit would be spun off from its Beijing based parent company ByteDance. Large existing investors in TikTok including General Atlantic, Susquehanna, KKR and I don't know how you say this, Kotu Koa 2 let's go. Whatever would also take stakes in the US arm constituting about 30% of the business. The plans still in preliminary stages could yet change according to those involved in the process come ahead of a deadline for U.S. law on April 5 that would ban the app in America unless it's Beijing based based owner sells it to non Chinese entities. So I mean there's a couple of outstanding questions here. By the way. Bezos. I'll get to that in a minute. Bezos also putting in an offer wanting Amazon to bid on ByteDance. From what I've seen, this group is the more likely victors in this attempted sale. But a few questions here are Number one, the the Chinese entity like has to agree. So there's a question there.
Sagar
Not the Chinese entity. China has to agree.
Paige DeSorbo
China has to agree.
Sagar
The entity has no say.
Paige DeSorbo
Big questions there. China originally struck a very hard line about this. They have since apparently softened some of their rhetoric about what sort of deal they might be willing to accept. So question marks there. I can't imagine China's feeling like real warm and fuzzy towards the US right now given the 57% tariffs that we just levied on China.
Sagar
Well, if somebody just put 54% or whatever tariff on you and you have leverage over them over a platform where 100 million people use, what are you gonna do? You gonna give them exactly what they want? Maybe. As long as it's a prelude to something different. Yeah, I mean my problem with this is what's even the point of all this fakery about sales if Beijing gets to keep the algorithm? That was the whole point. That's why it was a national security issue in the first place.
Paige DeSorbo
Well, in that place. Well, and that's part of this deal is that basically the group of, of the conglomerate of investors would own half, but Beijing would still maintain the algorithm. Which brings in the other question of whether this even legally meets the requirements passed in this original law. I'm sure again there would be lawsuits. Who knows how it's gonna ultimately be litigated, but that's where we are.
Sagar
If you wanna keep it, then just fucking keep it. All this other fakery is nonsense. If Beijing controls the algorithm, then that's the whole reason why I would be against TikTok in the first place if we're gonna keep it. And ByteDance gets to maintain the proprietary algorithm and all of the data and we have all this fakery with Oracle and US investor groups and all that. What's even the point of the approved sale? Either sell it or don't or ban it. Okay, again, I think we'd all be better off if it was banned, but whatever. Apparently the President has decided otherwise. And that is perhaps, as you said, legally, considering the fact that even a sale of half the company without the algorithm would not meet the requirements. I would be very curious to see how that shakes out in terms of its ability to actually have that sale go through. Because it's not just a regulatory. It has to pass legal scrutiny.
Paige DeSorbo
That's right.
Sagar
And what, ByteDance, they're just gonna give it up? No, of course they're not. Yeah, like I said, bytedance is an arm of the Chinese government. You think they're just gonna hand over with their crown jewel of pop culture to the United States of America without any sort of concession on their part? That would actually make me even more furious is if we allowed, if we did some deal where Bytedance allowed some fake deal to go through for TikTok and maybe we lessened like soybean tariffs or something, that would be worse. Right? Because at least those are trying to correct some trade imbalance whenever it comes to farming and for the US consumer in preserving TikTok and some brain rot algorithm as a result of that. So whatever. I mean, you know, I washed my hands of this a long time ago. It's genuinely sickening. I saw JD on TV this morning be like, oh, it's a platform used by many Americans. I'm just like, okay, all right, whatever, what's the point? Why believe in anybody at this point?
Paige DeSorbo
I mentioned, I mentioned Bezos is putting in his offer. I can put this up on the screen from the New York Times. I mean, of course it would make sense. I didn't even know. They apparently tried on Amazon to do some TikTok competitor. Did you know that?
Sagar
Oh, I didn't know.
Paige DeSorbo
Yes, obviously did work out.
Sagar
Are you saying like even aw, like they use aws?
Paige DeSorbo
Yeah, yeah, I think so. According to this article. I was like, I did not even know that was the thing that happened. But anyway, that didn't work out for them. So, I mean, you can see why he would want to acquire TikTok and have even more power in terms of the US economy and get even more directly into, I mean, Jeff Bezos and Amazon. The amount of data that they have about all of us is completely astonishing. The things that they know about all of us is already very disturbing. And TikTok could be important for gleaning even more data as the AI race develops. You can see how this would be increasingly valuable as well. So anyway, he is making his bid too, from what I saw. Like I said, I think the other group probably has the edge here. The Andreessen, Horowitz, Blackstone, etc. That conglomerate. I am a little bit surprised that Elon isn't in the mix here because remember, that was what China had kind of floated. Like, hey, maybe, maybe Elon would be someone. We may not have the cash.
Sagar
I mean, that's wonderful.
Paige DeSorbo
But that may be true because there's also, as Tesla stock falls and Elon just did. We didn't even talk about it on the show, but he had his AI company buy Twitter in the steal. I mean, in some ways it makes kind of logical sense because of course Grok is on Twitter and so you put the two together, et cetera. But in any case, in order to purchase Twitter, he used as collateral significant amounts of his Tesla stock. And so one of the things. And nobody knows exactly what the terms of the deal were, and then he renegotiated the deal, so that that makes it even more opaque what exactly the deal was originally. But that's why Tesla stock dropping significantly also has reverberating impacts throughout all of Elon's empire. And most specifically with regard to this loan he took out in order to be able to acquire Twitter. So you may be absolutely correct that he just is not in a cash flush position to be able to make this kind of a gamble. But that was the direction that I was kind of expecting things ultimately to go in. And I'm glad that they're not, because Elon's Twitter has been a nightmare.
Sagar
Good. So, yeah, last thing here, I wanted to make sure we got this in. Let's put this on the screen. Zuckerberg was at the White House yesterday lobbying Trump to avoid the meta antitrust trial. This is just so ironic because actually, the very same time that Zuck was at the White House, I was at an antitrust event yesterday where Lina Khan and some of these other folks were at Doha Meki as well. And we were talking about the future of antitrust and how it was really up for grabs and what the Trump administration, et cetera, was gonna do. And then I find out that probably at the exact same time that we were doing that, and Steve Bannon was there praising Lita Khan.
Paige DeSorbo
Oh, is that where that picture got taken?
Sagar
Yeah, we were all at the same time. Oh, that's funny that at the same time that this was happening, where Zuckerberg is lobbying Trump specifically to avoid the meta antitrust trial. How does it compare to TikTok? Well, obviously, it's not just about TikTok in terms of for sale. There's still bigger, more meta questions, if you will, about concentration and antitrust and market competition. And, you know, if anything, this is actually getting away from that, where we're still keeping the company. TikTok itself, the algorithm proprietary to big conglomerates, which have huge market power over.
Paige DeSorbo
A lot of us.
Sagar
It's the same problem, actually, that applies across the board, whether it's a foreign company or not.
Paige DeSorbo
It's also important for antitrust policy to be seen to be as. As politically neutral as possible, because this is a very powerful tool that the federal government has where basically they get to say whether your merger is gonna be good to go or whether you're gonna have some problems, and whether or not they're successful in court blocking mergers or causing companies to have to break up or divest, just going through that process is a major business risk, puts a lot of other things on hold, is very costly, et cetera. And so if you have a muscular antitrust division, but you're only training it on your political adversaries or people who haven't sufficiently bent the knee, like, that's what Mark Zuckerberg has been all about for months now at this point, then it becomes a real. It becomes a real political weapon. And again, consistent with the overall theme of the way that Trump has consolidated power. So that has been my concern for a while, that that's the way that the new antitrust division, which I am so supportive of and I think is such an important corrective to the mass aggregation of power among these giant monopolies, tech monopolies, but all kinds of monopolies across the board. So I'm super supportive of that. But it is really vital that it remain seen and in practice, be as politically neutral as possible. And I think. I just. I don't think that's the case whatsoever under this admin. And that's why Zuckerberg is there, again, on bended knee, pleading to the king, trying to get in his good graces so that he can get the business favors and outcomes that he ultimately wants for his company.
Sagar
Let's hope that he doesn't listen to him. We'll see. Crystal, what are you taking a look at?
Ryan Seacrest
Hey, it's Ryan Seacrest for Albertsons and Safeway with the Stock up sale at Safeway and Albertsons. Stock up and earn four times points at your local store when you purchase participating products. Save on household Essentials from General Mills, Kellogg's, Philadelphia Quaker and Tide. Clip the offer in the app for event savings and look for participating items throughout the store. Shop in store or online. Plus you can even have your groceries delivered or use drive up and go to have your groceries brought to your car at the store. Restrictions and exclusions apply. Visit Albertsons or Safeway.com for more details.
Unknown
Let's be honest. Most of us have a love hate relationship with wired bras. We love the lift, but hate the digging. We love the support, but hate feeling trapped. Well, well, Nyx just changed everything with Freeflex, a wired bra actually designed to work with your body, not against it. Freeflex features a revolutionary flexible wire that moves when you move, bends when you bend, and keeps everything exactly where you want it. No poking, no stabbing, no constant readjusting, just freedom to move. It also has a demi cup shape for a natural lift with a lower neckline that flatters in everything from V necks to dresses. And because it's from Nyx, it's available in sizes for every body. Experience the first wired bra you'll actually want to wear all day. Visit knix.com for 15% off your order with Free Flex 15. That's knix.com code freeflex15 for 15% off.
Debbie
Nyx.Com It's Wednesday night after a long day and the last thing you want to do is cook dinner from scratch. But you still want a satisfying, tasty meal without the guilt. Enter your freezer's Sidekick Caulifower. From thin and crispy cauliflower crust pizzas to all natural white meat, chicken tenders and crowd pleasing snacks, Cauliflower satisfies every craving. Caulipwer's products are your favorite comfort foods but made better for you and gluten free. Always the best part. You don't have to sacrifice taste or time so you can honor your cravings without compromising craving. Pizza. You can enjoy Cauliflower's delicious Margherita pizza for only 370 calories for half the pizza. Looking for easy snacks that kids and adults alike will love, Caulipower's baked never fried pizza snacks are nostalgia reimagined and ready in five minutes. Cauliflower's products are available in freezer aisles nationwide. Visit eatcolipower.com where to buy to find a store near you.
Paige DeSorbo
This Saturday will mark 15 years to the day since the Upper Big Branch mine disaster, when 29 miners were killed in a deadly explosion. It was the deadliest mining accident since the 70s, and it focused the nation's attention on the conditions that these workers face every single day, as well as the combination of corporate greed and lax regulation that ended in unimaginable disaster for these miners, their families and an entire community. When the final investigation was released by the Mine Safety Health Administration, they found that Massey Energy, the owner of the Upper Big Branch Mine, had flagrantly violated safety requirements for adequate ventilation, allowing an explosive buildup of methane. That caused the tragedy. But there was another culprit that was identified in the report. The Mine Safety and Health Administration called MSHA itself the agency. In spite of issuing Massey with some 515 safety violations at that mine alone in the year preceding the tragedy, they never escalated to issuing a flagrant violation, which would have triggered a much larger financial penalty penalty. The admission reflected a recognition that without dogged regulators, all the laws in the world mean absolutely nothing. The tragedy triggered a reform effort to crack down on unscrupulous coal barons, tighten up enforcement and ensure that the regulators were not in bed with industry. The effort moved forward in some fits and starts, and reforms were more incremental than transformative. But progress was made. The new MSHA protocols brought down injury rates and helped to bring a little more security to an inherently dangerous. Fifteen years after this tragedy, however, that small agency charged with looking out for minors is being shredded by Elon Musk's DOGE effort to chainsaw through federal bureaucracy. Perhaps even more devastating, long standing efforts to research, prevent and treat black lung, which has become more severe and devastating than ever, have been completely defunded. Local newspapers are increasingly sounding the alarm over these developments. The Pittsburgh Post Gazette ran a terrific expose titled Deep Fear in Coal. Doge Cuts put regions, miners and families on Edge. In this piece, they focus in particular on the planned closure of the Mount Pleasant Mine Safety Office, which has been the busiest MSHA field office in the country, having investigated 20 fatalities and conducted more than 6,000 regular inspections just over the past decade. Now that office leak lease has been canceled and officials there have no idea what the future is going to hold. Will those regulators be fired? Transferred? DOGE has offered zero answers. But we know that this closure is not the only one, nor is it the only Doge attack on minor health. Local news reports in Kentucky, Pennsylvania, West Virginia and Virginia suggest that some 35 MSHA field offices have had their leases cut by Doge. Now these field offices, they really are the lifeblood of mine inspections and they shoulder the burden of trying to hold corporate greed at bay to keep safe and keep them alive. Chelsea Barnes from the nonprofit Appalachian Voices tells Grist, quote, there are going to be fewer inspections, which means that operators that are not following the rules are going to get away with not following the rules for longer than they would have. In fact, even prior to Elon coming in with the chainsaw, MSHA was already understaffed, already underfunded, and failing to meet its own annual inspection targets. Think of how much worse things are about to get now. These cuts also could not come at a worse time. After the Upper Big Branch reforms, injury rates at some of the most active mines are once again rapidly rising as the industry declines and coal companies chase deeper seams of coal at increasing risk to workers. Quote at the Marshall county mine in West Virginia, one of the largest producers of coal in North America, the injuries rose by more than 50% from a decade ago, records show. At the Buchanan Mine in Virginia, the numbers of miners hurt on the job increased, increased ninefold, from three injuries to at least 27 during the same period. And at the same time, a particularly brutal new form of black lung has also been ravaging miners at younger and younger ages, sometimes after only a short period on the job due to increased airborne silica dust. So underground miners, they're cutting through more and more sandstone to mine thinner seams of coal using continuous miner machines that kick huge amounts of dust into the air. Miners today are also compelled to work longer hours. 10 to 12 hour shifts are common, with fewer breaks contributing to more intense levels of exposure. Remember, Appalachia continues to suffer from poverty. Coal mining remains one of the few ways in the region to earn a middle class living. So these conditions of economic deprivation have stripped workers of power and left them with few choices but to trade their health for their livelihood. Sadly, union representation among minors has also fallen significantly from its many minors today are in fact non union. And as worker power declines, minors are at the mercy of regulators to enforce the safety standards that can make the difference between facing the miserable slow suffocation of black lung and getting to enjoy the fruits of your hard work with your family into old age.
Sagar
Identifies just how badly impaired his lungs have become. The test confirms what he and respiratory therapist Lisa Emery already knows. Almost there.
Paige DeSorbo
Big breath in. Suck in, suck in. Good. Take a break.
Debbie
You can take your nose.
Sagar
Kevin's black lung is so severe that he can no longer Work in the mines.
Unknown
Yeah, these things are tough.
Sagar
What's different about Kevin is his age. Used to be black lung didn't force a man out of the mines until he was in his late 50s or early 60s. Kevin is just 34. Kevin has been a coal miner almost half his life. There he was at age 18, suddenly making more money than he ever dreamed possible.
Unknown
The first six months on the ground at $12 an hour made $76,000 in six months. In six months, that's how Mocha worked. Sometimes I wouldn't even go home. I'd go out and sleep in the parking lot, get back up, go back in. Then you look at stuff different, how you really realize the dangers when you have something to live for instead of just yourself.
Paige DeSorbo
Now, every aspect of dealing with black lung, from prevention to research to early identification to treatment, all of it is under assault by this administration. First of all, Trump's new mine safety head is the former head of an industry lobbying group which is suing over the planned implementation of a new rule to help to combat black lung. But the primary assault on minor health is coming from RFK Jr. S indiscriminate cuts at HHS. In particular, hundreds of workers have been laid off from the National Institute of Occupational Health and Safety. That's called niosh. This is the office within HHS which is specifically targeted at worker safety, cops, firefighters and minors. And there is probably no group of workers that benefits more from the work of NIOSH than minors. In fact, researchers at this commission, they were the first to identify this new aggressive form of black lung that is afflicting minors due to that increased silicon dust. According to Louisville Public Media, Pittsburgh's research branch alone boasted an experimental mine, an acoustic chamber, and a lab that was instrumental in proving that miners were slowly dying by inhaling toxic silica dust. NIOSH also runs a mobile clinic that rolls through coal country to screen miners for black lung in its early stages and consult with them on treatment plans and track the spread in virulence prevalence of this deadly disease. But perhaps niosh's most important work is administering a program that allows any minor with signs of black lung to receive a job transfer within their own company to non dusty work with no loss of pay and no loss of benefits. Yesterday I had the chance to speak with a West Virginia lawyer named Sam Patsonk. He explained to me just how pivotal that program has been in protecting the health of thousands of coal miners. He also explained to me the utter heartbreak of watching men who are not even out of their forties sitting across from him wheezing and strapped to an oxygen tank because of what this horrible disease had done to them. These are human beings. We know how to protect them. This administration, though, has chosen to throw them to the wolves. Now, many miners also depend on local clinics funded through MSHA for black lung treatment. That, too, is now in doubt. Current funding for those clinics last through June, and safety advocates tell the Pittsburgh Post Gazette they have no idea what is going to happen after that. There is probably one hope for a potential reprieve here. West Virginia Senator Shelley Moore Capito. She's a member of the powerful Appropriations Committee, and being a Republican, she could potentially appeal to Trump or Elon for a stay of these disastrous cuts. So far, she's put out what I would classify as a fairly tepid statement saying, quote, quote, during my meetings with Secretary Kennedy prior to his confirmation, and as recently as last week, we discussed how important the health of coal miners is to West Virginia. Any cuts that impact their health monitoring need to be restored immediately. I'm working with the Department of Health and Human Services to understand the depth of these cuts, both to programs and the workforce in Morgantown. She made sure, though, to emphasize that she believes in, quote, the broad vision. Let's be clear here. This attack on minor health and safety, it's a betrayal. Betrayal. It's the latest betrayal in a long list of national betrayals of Appalachia that has led to over a century of extraction and exploitation that helped to build the nation, made a few very wealthy, and hung the workers and ordinary citizens of this region out to dry. It is also specifically a betrayal by Donald Trump, who built his political victory in 2016 on the back of these workers. He promised to be their championship and with his celebration of fossil fuels, to lead an economic renaissance that would deliver greater prosperity for them and their communities. Never trust a robber baron. He will use you to get power, and he will dump you the second it does not serve his billionaire buddies. The miners of Appalachia, unfortunately, will never compete with the guy who dumped a quarter billion dollars into Trump's campaign coffers. And, you know, this program I spoke to the lawyer Sam about. So he really wanted me to understand how important it was that you have this mobile NIOSH clinic. It's like a, you know, looks like a bus that rolls through community, very high visibility. Everybody sort of knows about it and really values it. They're able to do early detection. And then if you have even early signs of black lung developing, which, by the way, guys, there's no cure for it. It only gets progressively worse. If you have even early signs of that, you're able to avail yourself of this program to transfer to what they call a non dusty job. So you're no more at risk risk. If you don't have anyone to administer this program, it's just gone. Like it just doesn't exist anymore. Even though this is something Congress said we want to do, it's important, it's important to, you know, all the legislators from this region. And now it's just going to be completely ended.
Sagar
There's nothing even to say it's sick, it's gross. Especially because as you and I know, these are all Republican voters too, right? So this is a state which what, went 40 something percent. And honestly, and this is what I worry about, will they really know about this? Right. Not even in terms of media, but given the connection to coal mining and so much of what we've seen with the culture war, like this is the real test of theory about like how much you can punish somebody and still see if they'll actually continue to support you. Because I mean, you tell me, what have you seen in West Virginia politics? Is their senator speaking up for them? Is anybody saying a word?
Paige DeSorbo
Barely. Yeah, barely. No, that's exactly right. And you know, so it's devastating. I think it's important zoom out from these minors, which again have just been betrayed at every turn in our country's history, and do this incredibly difficult work that truly did help to build our nation. But to zoom out from them, when you see the people who had their badges revoked at HHS and they're being kicked out and they're lined up and whatever. You can sometimes gloss over what each of these individual programs might mean to a certain person, to a certain community. The way that just getting rid of, you know, really is an end run around Congress too, because they wanted this program to be in place. They were trying to do something to, you know, assist and protect this group of workers. And this administration has just figured out that if they can get rid of the people that are administering the program, then it's like they ended the program altogether without having to go back through Congress. So it really is going to be unfortunately devastating for this community unless Shelley Moore Capito can plead her case and petition the king to get some of these things revoked. So certainly call her and ask because that's kind of the only prayer.
Sagar
He used to work in coal, didn't he?
Paige DeSorbo
Oh, he's a coal baron.
Sagar
That's what I mean. He's a Coal billionaire. Last time I. Well, I guess they don't love black lung screeners or any of that.
Paige DeSorbo
No, he doesn't want this program that allows people to transfer jobs or whatever to be administered. No, he has been one of the dirty operators in this industry where he's a billionaire really rich guy. And miners have had instances where they go and do their 1012 hour shift and they're 80 hours a week. I mean imagine that, 80 hours underground in a mine and then their paycheck bounces.
Sagar
That's grim.
Paige DeSorbo
Yeah, so that's who we're talking about as the other West Virginia senator. So there you go.
Sagar
Let's see what happens. Okay, we got Zed Jelani standing by. Let's get to it. Joining us now is great friend of the show, Zaid Jilani to talk about a new gambit by a Zionist organization which is distributing literal lists of people to be deported to the Trump administration. Let's go ahead and put that up there on the screen. From the Washington Post. The militant Zionist group Baytar is threatening activists online with a quote, deport list and all current indication is that that list is actually being used by people in power. So we thought nobody better than Zed to break some of this down for us, give us some of the background on this and just to really just describe how completely insane it all is. So Zed, first of all, it's great to see you my friend, but really just lay it out for us what kind of a threat this is to not only free speech, but really just to take orders from an organization like this.
Unknown
Yeah, I mean, Betar actually, you know, its history stretches back more than 100 years. Right. It was established as sort of a militant sort of wing of the Zionist movement. In the early 1900s. It was active throughout Europe. And then I think it was also continued in activities after the establishment of the state of Israel. And in many ways it's kind of like, you know, remember Howard Dean used to say he represented the Democratic wing of the Democratic Party. Or you know, that line actually goes back further than Howard Dean. But anyway, Bayt our kind of does the same thing for the Zionist movement, right? It's sort of, it's, it's kind of on an island of its own in terms of some of its points of view and the ideology that it promotes. And actually even the Anti Defamation League and other organizations that tend to be very supportive of the Israeli position consider Baytar to be an extremist group. Right. The Democratic majority for Israel, which is like, you know, basically supports a super PAC style or 5:1 C4 type type spending in the Democratic Party to support Israel even. They have labeled Bayt hard to be an extremist group. And in fact, in the Washington Post story that you just mentioned, they called that story anti Semitic. Then they also called Baytar an extremist group in the same statement. Meaning they just don't want any Jewish person to be blamed for these deportations, I guess, is why they call the story anti Semitic, because I don't think it's 100% clear or transparent how the Trump administration is going in power labeling and then deporting people. But Baytar has been claiming credit for it, right? This organization has been, particularly on their social media and their public utterances have been saying that basically they've been assembling lists of people to offer to the Trump administration based on students who they identify, particularly foreign students that they identify at demonstrations or other campus university events. I think Baytar has quite a presence in New York, which has been some of the epicenters, some of the demonstrations with high profile demonstrations. Actually, I think the other day they even said that they're trying to do the opposite. They're also trying to give lists of Jews to the Israeli government to have them banned from Israel. And these tend to be left of center or center left Jews, even liberal Zionist Jews who have questions, concerns about the war, about Benjamin Netanyahu's government. And so, yeah, I think the organization is kind of seeing itself as a moment to shine. They've kind of been a pariah or an outcast in the Jewish community, particularly in the United States. But I think they see a little bit of confluence of interest here. They think that this is a time where, where there are a lot of people in the Jewish community who have been uneasy about the protests because they're sort of torn about the war. But they don't necessarily like all the rhetoric in the demonstrations or divestment movements and so on and so forth. So Baytar, I think, sees an opportunity to step up and say, hey, actually we're on your side. Look at all this useful work that we're doing for you, helping get rid of these troublemakers, right? So it's kind of a way for them to try to stainwash themselves or demarginalize themselves in their position because like I said, they've never been considered to be mainstream in any way in the Zionist movement or even within the American Jewish community.
Paige DeSorbo
Point feels like the opposite of sane Washington. Me it feels like, oh, we're, you know, we're part of this effort to destroy free speech in America. Aren't we great? Aren't we cool? And one of the things that they've been saying in claiming credit, at least for the targeting of the Trump administration, of these students, some of whom are permanent residents, some of whom are student visa holders, is they're saying naturalized citizens are going to be next. They tweeted out, we told you we've been working on deportations, and we'll continue to do so. So expect naturalized citizens to start being picked up within the month. You heard it here first. Those who support jihad and intifada and originate in terrorist states will be sent back to those lands. And listen, again, I don't know if the White House is directly, like, following their lists and moving in the direction that Baytar wants them to, but it was noteworthy to me that the State Department spokesperson got a question about whether or not naturalized citizens would be targeted, and she would not say, which is an extraordinarily different direction in policy than we have seen, you know, in basically the history of this country. So, Zed, I wonder if you can, you know, reflect on how extraordinary that is and whether you think it's possible, given what we've already seen from this administration with regard to student targeting.
Sagar
Yeah.
Unknown
So I think the issue with naturalized citizens was actually brought up in the first Trump administration. I think it was kind of a Stephen Miller idea or someone in his camp or orbit it, that you could actually, in certain cases, remove citizenship from people who have been granted it after coming to the United States. Right. And as far as, like, how possible that is, I think, you know, that maybe is reserved for a case where somebody, like, lies on their citizenship application. Right. Or has defrauded, you know, the American government in some way. Right. It's not someone having their citizenship, you know, denaturalized or stripped based on ideological disagreement or some utterance of some idea or speech. I can't really think of an example of that, but it would kind of be precedent setting for them. Right. I think that a big part of the reason why some people on the right are supporting all this is not just like the sort of the more niche cause about the Middle east or about Israel.
Debbie
Right.
Unknown
Which, you know, organizations like Beta are, you know, organizations that are a little more softly in support of this, like the adl, maybe they're concerned with that. But I also think that, like, there's just this broader nativist project. Right. Which I think that, like, someone like Stephen Miller does not really want to see the. I guess he would consider the browning of America. Right. He thinks that America has brought in too many people from foreign lands to begin with. And so it's kind of a overlap in interest, right, between sort of people who are very fixated on the Middle east conflict, but also people who just, like, would like to see fewer foreigners in America, period. Right. There is a wing of the GOP base that feels that way. That might be part of why they're not as disturbed by rollbacks in due process, by rollbacks and freedom of speech and expression. Because, like, hey, at least we're getting rid of them.
Ryan Seacrest
Right.
Unknown
We don't really care about how many people, I think would argue, look, Biden brought so many people in through all these channels, which we didn't appreciate and which were irregular, and they're in some ways abusing the asylum process or similar laws. So we don't really care what process it takes to get rid of these people. Right. And I think that's also like a bigger part of this, because even a lot of the Republican base doesn't care that much about the particulars about the Middle east conflict, about Israel or so on and so forth. But I think they do have this larger resentment about immigration. Right. And I think those two things combining could end up having the Trump administration take a second look at, like, this denaturalizing process, which I think they had. I think they did float in the first term, but they didn't really do much with it. They seem to be pushing the boundaries a lot more this time. So who knows?
Sagar
Well, Zed, I mean, first of all, you're absolutely right. And certainly, listen, now, we had a whole debate here. That's certainly where my sympathies were. And so I get where they're coming from. One of the things that actually pulls me back are people like you, people like Glenn Grant. And so even taking the naturalized citizenship out of this talk then, about the free speech implications, about going after these protesters solely on the grounds of speaking against this foreign country. In many of these cases, they have not been charged or committed with crimes in order to at least normally justify their removal from the United States.
Unknown
Look, I think that a lot of this is the other part of the overlap between different parts of GOP coalition. I think a lot of people in the Republican Party were upset at colleges and universities, probably going back 10 years or more. Even when I was in high school, I remember teachers complaining about Marxist professors at uga. And UGA is not a very radical school. It's my alma mater. But I think particularly the past 10 years because of heightened censorship and all these trends on university campuses, a lot of conservatives just didn't really trust them or like them to begin with. And so I think. I think parts of the GOP base are also like, okay, screw Harvard, screw Columbia. They were never kind or generous or compassionate towards us conservatives. Why do we care about them? But what I would caution about that is, like, okay, there are steps that the Trump administration could take to enforce greater freedom of speech, greater freedom of assembly, more protection of conservative voices, more promotion, even ideological promotion of maybe more diversity and viewpoint point, so on and so forth at colleges and universities. I think maybe they've done a little bit of that. They've hinted they want to do a little bit of that, but for the most part, what they're doing is they're actually making things worse. Right? They're making it. They're establishing a precedent where the government can severely crack down on political. Government itself can severely crack down certain political points of view at these colleges and universities. And the president they're establishing could easily be utilized by a future president. I mean, anytime you give the government an inch, it tends to take a mile. Or really any large institution. Institution, Right. So let's say, you know, in BIZARRO On Earth 2, a Democratic president is deporting immigrants because they don't use the proper pronouns. Right. Because in their country, they don't have the same ideas about transgenderism. Right. Or, you know, third genders or so on and so forth. Right. Like, you could see a slippery slip that goes in many different directions, but it's all going against greater speech rights. Right. It's not really benefiting conservatives to create all these speech codes around Israel because. Because the people who are pushing that, like Miriam Adelson or Bill Ackman or so on and so forth, they don't really care about conservative speech. Right. That's not their cause. Right. They're part of it. They see themselves as part of a much larger blood feud between peoples in the Middle east. And whatever it takes to win that in the United States, they'll do it. But they're not really super interested in conservatives. And look, it is a very difficult precedent to establish because this is happening three months into the Trump administration. Three, four months into the Trump administration. Right, Right. Imagine what three or four years into it looks like. Right. If they manage to establish this kind of rule so early on, and then three, four years, they keep pushing the envelope. Right. I mean, I think talking about what happens to naturalized citizens whose speech they dislike and that they may not even be too bold of a thing for them to do. Other times, Trump has said that maybe boycotting Tesla should be illegal. People are saying that vandalizing a car is an act of terrorism. I don't think you should should vandalize the car or engage in road rage. I think all that stuff's really juvenile and wrong. But when you're expanding what the government can do to people in response to things and it's wildly disproportionate to what the people are doing, whether it's speech that offends you or minor acts of vandalism, you are giving the government a lot more power. And you can pretty much guarantee that anytime you give the government more power, they're going to use it. The Patriot act was passed after 9 11. What did the Patriot act mostly ended up being used for? Mostly ended up being used for their war on drugs. They mostly used it for those kind of searches and seizures and extra legal power. They didn't even use it mostly for terrorism at the end of the day. Right. But if you hand someone a bunch of power to do something like that, that's how it ends up being used. It ends up being used in the maximally possible ways.
Paige DeSorbo
Yeah, well, and help pave the way also for this additional extraordinary power grab by the executive. So you're absolutely right. These things rarely, if ever actually go in reverse. Zed, thank you so much for joining us and helping us to understand what's going on here underneath this earth.
Sagar
Thanks man. Miss talking to you. Thank you. Thanks for watching guys. We appreciate it. We will see you all later.
Ryan Seacrest
Hey, it's Ryan Seacrest for Albertsons and Safeway with the Stock up sale at Safeway and Albertsons. Stock up and earn four times points at your local store when you purchase participating products. Save now on your favorite beverages from Red Bull to Coke, Monster 7Up, body armor and Pepsi. Clip the offer in the app for event savings and look for participating items throughout the store. Shop in store or online. Plus you can even have your groceries delivered or use. Drive up and go to have your groceries brought to your car at the store. Restrictions and exclusions applied. Visit Albertsons or Safeway.com for more details. Do you own a business that's ready to thrive? It's time to let Intuit QuickBooks take things like unpaid invoices and tracking expenses off your plate so you can take things to the next level. Level intuit QuickBooks is an all in one business platform that can help with those day to day tasks like invoicing and expenses. Manage and grow your business all in one place. Intuit QuickBooks your way to Money Money Movement services are provided by Intuit Payments, Inc. Licensed as a money transmitter by the New York State Department of Financial Services. It is Ryan Seacrest here. There was a recent social media trend which consisted of flying on a plane with no music, no movies, no entertainment. But a better trend would going to chumbacasino.com it's like having a mini social casino in your pocket. Chumba casino has over 100 online casino style games, all absolutely free. It's the most fun you can have online and on a plane. So grab your free welcome bonus now@chumbacasino.com sponsored by Chumba Casino.
Sagar
No purchase necessary.
Ryan Seacrest
VGW Group Void where prohibited by law.
Paige DeSorbo
21 + terms and conditions apply.
Breaking Points with Krystal and Saagar – Episode Summary
Podcast Information:
In this episode of Breaking Points, hosts Krystal Ball and Saagar Enjeti delve into a series of intertwined political and business developments shaping the American landscape. From the fracturing relationship between Donald Trump and Elon Musk to the implications of Jeff Bezos's interest in TikTok, the episode offers a comprehensive analysis of power dynamics and their repercussions on various industries and communities.
Key Points:
Trump’s Plan to Diminish Elon’s Role: Reports suggest President Trump is preparing to reduce Elon Musk’s influence within his administration, transitioning Musk from a "governing partner" to a "supporting role." This shift indicates growing frustration with Musk’s unpredictability and perceived political liabilities.
“The easiest explanation here is that Trump now sees Elon as a political loser and a liability and wants to sort of distance himself from that whole situation,” says Paige DeSorbo at [04:28].
Impact of Wisconsin Supreme Court Race: Musk heavily invested $26 million in the Wisconsin Supreme Court race, which ended in a significant loss, exacerbating Trump's dissatisfaction with Musk’s support.
“Elon went all in, he spent $26 million. He was basically like bribing people to vote for his candidate and his candidate ends up losing by 10 points,” notes DeSorbo at [04:28].
Musk’s Commitment to Government Efficiency: Musk aimed to reduce federal waste and fraud by $1 trillion within 130 days, showcasing his ambition but also highlighting bureaucratic challenges.
“Our goal is to reduce the waste of fraud by $4 billion a day, every day, seven days a week,” Musk states at [04:04].
Notable Quotes:
Key Points:
Dip in Tesla Deliveries: Tesla’s global vehicle deliveries fell by 13% in the first quarter compared to the previous year, missing analysts' expectations of 396,000 deliveries.
“Tesla’s global vehicle deliveries fell 13% the first first quarter from a year ago,” DeSorbo reads at [18:52].
Competition from BYD: Chinese EV manufacturer BYD surged with a revenue increase of 29% and sales surpassing $100 billion, posing significant competition to Tesla.
“BYD has to sell three times the number of cars that Tesla does to be able to reach that same level,” comments Enjeti at [21:18].
Cybertruck’s Struggles: Tesla’s Cybertruck faced safety issues leading to recalls and a 55% decline in used Cybertruck prices year-over-year.
“Every cybertruck effectively was just recently recalled because some of the trim can just fly off,” DeSorbo explains at [28:00].
Notable Quotes:
Key Points:
Potential Sale of TikTok’s US Unit: A consortium including Blackstone and Andreessen Horowitz is close to acquiring TikTok’s US operations from ByteDance, pending Chinese approval.
“A group of new outside investors would own about half of TikTok's US business,” DeSorbo summarizes at [35:21].
Bezos’s Interest: Jeff Bezos is reportedly interested in acquiring TikTok, aiming to bolster Amazon’s position in the social media and data sectors.
“Bezos also putting in an offer wanting Amazon to bid on ByteDance,” DeSorbo notes at [35:21].
Regulatory and Legal Hurdles: Concerns persist regarding whether the sale meets national security requirements, especially if ByteDance retains control over TikTok’s proprietary algorithms.
“If Beijing controls the algorithm, then that's the whole reason why I would be against TikTok in the first place,” Enjeti laments at [35:46].
Notable Quotes:
Key Points:
Cuts to MSHA: Elon Musk’s DOGE initiative has resulted in significant cuts to the Mine Safety and Health Administration (MSHA), undermining efforts to ensure miner safety.
“These cuts also could not come at a worse time,” DeSorbo emphasizes at [46:20].
Rise in Coal Miners’ Injuries: Following regulatory rollbacks, injury rates in coal mines have surged, with instances of black lung disease becoming more prevalent and severe.
“At the Buchanan Mine in Virginia, the numbers of miners hurt on the job increased ninefold,” DeSorbo reports at [45:19].
Political Inaction: Despite the dire situation, Republican figures, including Senator Shelley Moore Capito, have offered limited support in reversing these detrimental policies.
“When you get rid of the people that are administering the program, then it's like they ended the program altogether,” DeSorbo explains at [59:36].
Notable Quotes:
Key Points:
Threatening Activists with Deportation: The militant Zionist group Baytar is distributing lists of individuals targeted for deportation, raising alarms about free speech and political repression.
“Betar has been assembling lists of people to offer to the Trump administration based on students who they identify at demonstrations,” Zaid Jilani explains at [60:13].
Implications for Naturalized Citizens: Baytar threatens that naturalized citizens could be next in their deportation efforts, highlighting a potential expansion of authoritarian measures against specific communities.
“Expect naturalized citizens to start being picked up within the month,” DeSorbo warns at [63:52].
Government Overreach: The administration’s potential use of Baytar’s lists could set dangerous precedents for government overreach and suppression of dissenting voices.
Enjeti: “If you hand someone a bunch of power to do something like that, they're going to use it,” [67:30].
Notable Quotes:
This episode of Breaking Points underscores the intricate and often volatile relationships between political figures and business magnates, illustrating how power struggles can lead to significant socio-economic impacts. From the disintegration of Trump’s alliance with Elon Musk affecting Tesla’s performance, to Bezos’s strategic maneuvers with TikTok, and the administration's aggressive rollbacks undermining miner safety and free speech, the hosts provide a critical lens on the current state of American politics and business.
Final Thoughts:
Krystal Ball:
Saagar Enjeti:
Paige DeSorbo:
Note: Timestamps correspond to the provided transcript and are included to reference specific moments in the discussion.