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Apr 27, 2022

Tesla stock drops $128 billion in its value after Elon Musk bought Twitter for $44 billion and stockholders fear the uncertainty of future actions by Musk. John Iadarola and Jordan Uhl break it down on The Damage Report.
Read more here:
Tesla Stock Plunge Wipes Out $128 Billion In Value As Twitter Deal Sparks Fears - https://www.forbes.com/sites/jonathanponciano/2022/04/26/tesla-stock-plunge-wipes-out-128-billion-in-value-as-twitter-deal-sparks-fears/?sh =33a6b43b76f7
"Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-staggering losses spurred by the Federal Reserve's looming interest rate hikes.
Tesla shares fell 12% Tuesday to $876, pushing the stock down more than 28% from its all-time high in November and wiping $25 billion from Musk's fortune and $128 billion from Tesla's market capitalization, which now stands at $906 billion."
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Episode

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The Damage Report: April 27, 2022

Hosts: John IadarolaJordan Uhl

Tesla stock drops $128 billion in its value after Elon Musk bought Twitter for $44 billion and stockholders fear the uncertainty of future actions by Musk. John Iadarola and Jordan Uhl break it down on The Damage Report. Read more here: Tesla Stock Plunge Wipes Out $128 Billion In Value As Twitter Deal Sparks Fears - https://www.forbes.com/sites/jonathanponciano/2022/04/26/tesla-stock-plunge-wipes-out-128-billion-in-value-as-twitter-deal-sparks-fears/?sh=33a6b43b76f7 "Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-staggering losses spurred by the Federal Reserve's looming interest rate hikes. Tesla shares fell 12% Tuesday to $876, pushing the stock down more than 28% from its all-time high in November and wiping $25 billion from Musk's fortune and $128 billion from Tesla's market capitalization, which now stands at $906 billion." ** Become a TDR YouTube Member: http://www.youtube.com/thedamagereport/join Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/ Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagereport?sub_confirmation=1 Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagereport?lang=en Follow The Damage Report on Instagram: http://www.instagram.com/thedamagereport/ Follow The Damage Report on Twitter: https://twitter.com/TheDamageReport #TheDamageReport #JohnIadarola #TheYoungTurks

8 minutes

Rep. Madison Cawthorn is under investigation for being involved in an insider trading scam that promoted the Let's Go Brandon cryptocurrency, lgbcoin. John Iadarola and Jordan Uhl break it down on The Damage Report. Read more here: Madison Cawthorn implicated in potential insider trading scheme, experts say - https://www.washingtonexaminer.com/news/house/madison-cawthorn-implicated-in-potential-insider-trading-scheme-experts-say?utm_source=pocket_mylist "Rep. Madison Cawthorn may have violated federal insider trading laws as he hyped up an alleged pump-and-dump cryptocurrency scheme, multiple watchdog groups told the Washington Examiner. On Dec. 29, the beleaguered North Carolina congressman posed at a party with James Koutoulas, a hedge fund manager and the ringleader of the Let's Go Brandon cryptocurrency, a meme coin set up in the wake of the chant mocking President Joe Biden." ** Become a TDR YouTube Member: http://www.youtube.com/thedamagereport/join Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/ Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagereport?sub_confirmation=1 Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagereport?lang=en Follow The Damage Report on Instagram: http://www.instagram.com/thedamagereport/ Follow The Damage Report on Twitter: https://twitter.com/TheDamageReport #TheDamageReport #JohnIadarola #TheYoungTurks

5 minutes

President Biden hints to Rep. Tony Cardenas in a private meeting that he has plans to make a positive impact regarding student debt cancellation. John Iadarola and Jordan Uhl break it down on The Damage Report. Read more here: Biden signals he’s open to canceling student loans - https://www.washingtonpost.com/politics/2022/04/26/biden-cancel-student-loans/ "President Biden gave his strongest indication yet in a private meeting with House Democrats that he is poised to take significant action to relieve student loans, a move that could include canceling tens of thousands of dollars in debt for some people. Borrowers are currently benefiting from a moratorium on paying off their student loans that lasts until Aug. 31, a pandemic-induced pause that began under the Trump administration. The White House has come under considerable pressure from the liberal wing of the Democratic Party to cancel the liabilities outright, rather than repeatedly extending the moratorium as it has been doing." ** Become a TDR YouTube Member: http://www.youtube.com/thedamagereport/join Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/ Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagereport?sub_confirmation=1 Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagereport?lang=en Follow The Damage Report on Instagram: http://www.instagram.com/thedamagereport/ Follow The Damage Report on Twitter: https://twitter.com/TheDamageReport #TheDamageReport #JohnIadarola #TheYoungTurks

5 minutes

Kevin McCarthy scolds Matt Gaetz's behavior after the Jan. 6th Capitol riot on recently leaked recordings of his phone call with Steve Scalise. John Iadarola and Jordan Uhl break it down on The Damage Report. Read more here: ‘This Is Serious Sh*t’: Leaked Audio Shows Kevin McCarthy Ridiculing Matt Gaetz Over Post-Jan. 6 Behavior - https://www.mediaite.com/tv/this-is-serious-sht-leaked-audio-shows-kevin-mccarthy-ridiculing-matt-gaetz-over-post-jan-6-behavior/?utm_source=pocket_mylist "Audio obtained by New York Times reporters Jonathan Martin and Alexander Burns shows House Minority Leader Kevin McCarthy (R-CA) had had it with Rep. Matt Gaetz (R-FL) four days after the deadly Capitol riot. The recording is of a conference call among House Republican leadership in the days after the riot as members were in a state of shock over what had transpired. The reporters include the conversation in their upcoming book, This Will Not Pass." ** Become a TDR YouTube Member: http://www.youtube.com/thedamagereport/join Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/ Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagereport?sub_confirmation=1 Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagereport?lang=en Follow The Damage Report on Instagram: http://www.instagram.com/thedamagereport/ Follow The Damage Report on Twitter: https://twitter.com/TheDamageReport #TheDamageReport #JohnIadarola #TheYoungTurks

7 minutes

A racist karen in Oklahoma was arrested after she slapped a Little Ceasar's worker and hurled racist slurs at him when he told her they were out of crazy bread. John Iadarola and Jordan Uhl break it down on The Damage Report. Read more here: A 'racist Karen' slapped a Little Caesars worker – now she's been slapped with hate crime charges - https://www.rawstory.com/rachel-scheuerman-hate-crime-charges/ "On Wednesday, KFOR reported that a woman in Enid, Oklahoma, has been charged over a racially-tinged attack on a teenage worker at a Little Caesars pizzeria. Rachel Scheuerman is facing hate crime charges after slapping the 17-year-old Little Caesar's employee in late March. An attorney representing the worker, Ronald "Skip" Kelly, told KFOR that his client is "shocked and traumatized" by the incident. "They didn’t have any of the crazy bread,” Kelly told KFOR. "She just kind of went foul about the whole issue."" ** Become a TDR YouTube Member: http://www.youtube.com/thedamagereport/join Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/ Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagereport?sub_confirmation=1 Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagereport?lang=en Follow The Damage Report on Instagram: http://www.instagram.com/thedamagereport/ Follow The Damage Report on Twitter: https://twitter.com/TheDamageReport #TheDamageReport #JohnIadarola #TheYoungTurks

4 minutes

Immediately after news broke of Elon Musk buying twitter, there was a huge shift in the follower counts of prominent figures between the left and right wing on Twitter. John Iadarola and Jordan Uhl break it down on The Damage Report. Read more here: Prominent right- and left-wing Twitter users see dramatic shift in followers in wake of Musk takeover—and theories abound - https://www.dailydot.com/debug/twitter-left-right-wing-follower-stats/ "Twitter users want to find out why it appears as if right-wing users are experiencing a surge in new followers while left-wing users are seeing the opposite. In a thread on Tuesday, software developer Christopher Bouzy shared statistics suggesting that users had either lost or gained followers based on their political leanings. “Over the past 24 hours, Democrats have experienced a significant decrease in followers, while Republicans have experienced a significant increase in followers,” Bouzy wrote." ** Become a TDR YouTube Member: http://www.youtube.com/thedamagereport/join Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/ Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagereport?sub_confirmation=1 Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagereport?lang=en Follow The Damage Report on Instagram: http://www.instagram.com/thedamagereport/ Follow The Damage Report on Twitter: https://twitter.com/TheDamageReport #TheDamageReport #JohnIadarola #TheYoungTurks

6 minutes

A republican group puts out an ad targeting Trump endorsed candidate, J.D. Vance, which pieced together all of his anti-Trump statements. John Iadarola and Jordan Uhl break it down on The Damage Report. Read more here: Ohio Senate Race Pits Trump and Son Against Big G.O.P. Group - https://www.nytimes.com/2022/04/26/us/politics/ohio-senate-race-trump.html "Not long after Donald J. Trump was elected president, the Club for Growth, a conservative anti-tax group that had opposed his 2016 campaign, reinvented itself as a reliable supporter, with the group’s president, David McIntosh, providing frequent counsel to Mr. Trump on important races nationwide. But this spring, as Mr. Trump faces critical tests of the power of his endorsements, an ugly fight over the Ohio Senate primary is threatening what had been a significant alliance with one of the most influential groups in the country." ** Become a TDR YouTube Member: http://www.youtube.com/thedamagereport/join Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/ Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagereport?sub_confirmation=1 Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagereport?lang=en Follow The Damage Report on Instagram: http://www.instagram.com/thedamagereport/ Follow The Damage Report on Twitter: https://twitter.com/TheDamageReport #TheDamageReport #JohnIadarola #TheYoungTurks

5 minutes

Tucker Carlson goes after his own party by attacking Kevin McCarthy, calling him a 'puppet of the democratic party,' for McCarthy's recent leaked phone calls concerning the Jan. 6 riot and Donald Trump. John Iadarola and Jordan Uhl break it down on The Damage Report. Read more here: Tucker Carlson Declares Kevin McCarthy A 'Puppet Of The Democratic Party' - https://www.huffpost.com/entry/tucker-carlson-declares-kevin-mccarthy-puppet-democratic-party_n_6268ab76e4b0197ae3fc69f1?utm_source=pocket_mylist "House Minority Leader Kevin McCarthy made some comments on a leaked recording that have apparently peeved Fox News host Tucker Carlson. Carlson raged at the California Republican on Tuesday after The New York Times released audio from a Jan. 10, 2021, conference call with GOP leaders. In the clips, McCarthy is heard disparaging some rank-and-file Republicans, including Reps. Matt Gaetz (Fla.) and Mo Brooks (Ala.), for their dangerous rhetoric surrounding the Jan. 6 attack on the U.S. Capitol. He raised concerns that they were inciting violence." ** Become a TDR YouTube Member: http://www.youtube.com/thedamagereport/join Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/ Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagereport?sub_confirmation=1 Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagereport?lang=en Follow The Damage Report on Instagram: http://www.instagram.com/thedamagereport/ Follow The Damage Report on Twitter: https://twitter.com/TheDamageReport #TheDamageReport #JohnIadarola #TheYoungTurks

8 minutes

Donald Trump's social media app, Truth Social, has had horrible reviews, tech issues, banning reports and now with Elon Musk buying Twitter, it might be doomed. John Iadarola, Francesca Fiorentini and Viviana Vigil break it down on The Damage Report. Read more here: Truth Social Review: Trump’s Uncensored Social App Is Incomplete - https://www.nytimes.com/2022/04/27/technology/personaltech/truth-social-review-trump.html "The heightened interest in Truth Social, which debuted in February, was driven by a recent tech upgrade of the app that allowed a flood of users to join it. At the same time, there is more uncertainty about Twitter. Some Twitter users deactivated their accounts this week after the news broke that Mr. Musk was buying the site and questions arose about how he might change the platform. Truth Social has long positioned itself as an alternative to Twitter and Facebook, both of which famously barred Mr. Trump from their sites after the Jan. 6 riot at the U.S. Capitol last year. The app has marketed itself as an uncensored platform that will not discriminate against users for their political beliefs. It and other apps like it, such as Rumble and Parler, take a hands-off approach to moderation, in theory so that people can converse freely without being barred." Watch Francesca on The Bitchuation Room Sundays at 5/8EST http://www.youtube.com/franifio Follow Francesca: http://www.twitter.com/franifio Become a TDR YouTube Member: http://www.youtube.com/thedamagereport/join Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/ Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagereport?sub_confirmation=1 Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagereport?lang=en Follow The Damage Report on Instagram: http://www.instagram.com/thedamagereport/ Follow The Damage Report on Twitter: https://twitter.com/TheDamageReport #TheDamageReport #JohnIadarola #TheYoungTurks

5 minutes

Madison Cawthorn tries to bring a loaded gun on an airplane for the second time, which adds to his long list of scandals just this year. John Iadarola and Jordan Uhl break it down on The Damage Report. Read more here: Madison Cawthorn Got Busted While Trying To Carry A Loaded Handgun Through Airport Security - https://uproxx.com/viral/madison-cawthorn-gun-airport-tsa/ "Republican Representative Madison Cawthorn is having a hell of a week. Just a few days ago, intimate pictures leaked by a former member of his inner circle made the rounds on social media. The photos showed Cawthorn — who’s been weirdly obsessed with the supposed “feminization” of young men by the LGBTQIA community — donning women’s jewelry and lingerie while on a cruise. Cawthorn did his best to put his own telling spin on the photos, but he’s going to have a harder time explaining away his latest highly publicized gaffe. On Tuesday morning, Cawthorn was cited for having a gun while catching a flight at the Charlotte Douglas International Airport. According to the TSA, the 9-millimeter handgun was loaded though it’s not clear whether the weapon was on Cawthorn’s person or in his carry-on." ** Become a TDR YouTube Member: http://www.youtube.com/thedamagereport/join Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/ Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagereport?sub_confirmation=1 Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagereport?lang=en Follow The Damage Report on Instagram: http://www.instagram.com/thedamagereport/ Follow The Damage Report on Twitter: https://twitter.com/TheDamageReport #TheDamageReport #JohnIadarola #TheYoungTurks

2 minutes

President Biden gets rid of Donald Trump's favored lighting choice, the incandescent lightbulb, which was largely inefficient for power and environmental standards. The end of the ancient lightbulb will save big on power bills for consumers in America. John Iadarola and Jordan Uhl break it down on The Damage Report. Read more here: Trump saved this old-fashioned lightbulb. Biden’s now phasing it out. - https://www.washingtonpost.com/climate-solutions/2022/04/26/biden-incandescent-lightbulb-ban-trump/ "The end has come for the old-fashioned incandescent lightbulb. The Energy Department finalized two rules Monday requiring manufacturers to sell energy-efficient lightbulbs, effectively putting a “sell-by” date on older, inefficient bulbs that don’t meet the new standards. The move will speed the pace of a lighting revolution that is already well underway, driving down electricity use, saving consumers money and slashing greenhouse gas emissions from the power sector." ** Become a TDR YouTube Member: http://www.youtube.com/thedamagereport/join Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/ Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagereport?sub_confirmation=1 Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagereport?lang=en Follow The Damage Report on Instagram: http://www.instagram.com/thedamagereport/ Follow The Damage Report on Twitter: https://twitter.com/TheDamageReport #TheDamageReport #JohnIadarola #TheYoungTurks

6 minutes

New page: Tesla stock drops $128 billion in its value after Elon Musk bought Twitter for $44 billion and stockholders fear the uncertainty of future actions by Musk. John Iadarola and Jordan Uhl break it down on The Damage Report. Read more here: Tesla Stock Plunge Wipes Out $128 Billion In Value As Twitter Deal Sparks Fears - https://www.forbes.com/sites/jonathanponciano/2022/04/26/tesla-stock-plunge-wipes-out-128-billion-in-value-as-twitter-deal-sparks-fears/?sh=33a6b43b76f7 "Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-staggering losses spurred by the Federal Reserve's looming interest rate hikes. Tesla shares fell 12% Tuesday to $876, pushing the stock down more than 28% from its all-time high in November and wiping $25 billion from Musk's fortune and $128 billion from Tesla's market capitalization, which now stands at $906 billion." ** Become a TDR YouTube Member: http://www.youtube.com/thedamagereport/join Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/ Help build the Home of the Progressives http://tyt.com/JOIN Subscribe to The Damage Report YouTube channel: https://www.youtube.com/thedamagereport?sub_confirmation=1 Follow The Damage Report on TikTok: https://www.tiktok.com/@thedamagereport?lang=en Follow The Damage Report on Instagram: http://www.instagram.com/thedamagereport/ Follow The Damage Report on Twitter: https://twitter.com/TheDamageReport #TheDamageReport #JohnIadarola #TheYoungTurks - TYT.com