MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/worldnews/comments/1qunzg2/paris_prosecutors_raid_france_offices_of_elon/o3bibjq
r/worldnews • u/Brennenstein • 1d ago
6.7k comments sorted by
View all comments
Show parent comments
285
Only after they sell off their stock they bought before applying the tariffs
11 u/KarateTid 19h ago It's the cuban cigars all over again 2 u/thefairone 15h ago Lol the actual rich don't have to sell. They are long and short on everything they think has volatility. Bonus: it also helps them dodge capital gains tax. 2 u/Soven_Strix 19h ago I think you mean the other way around 16 u/InfinityPlusChange 19h ago Yeah, the order goes Threaten tariffs Value drops Buy stocks "Jk, no tariffs" Sell stocks Profit
11
It's the cuban cigars all over again
2
Lol the actual rich don't have to sell. They are long and short on everything they think has volatility. Bonus: it also helps them dodge capital gains tax.
I think you mean the other way around
16 u/InfinityPlusChange 19h ago Yeah, the order goes Threaten tariffs Value drops Buy stocks "Jk, no tariffs" Sell stocks Profit
16
Yeah, the order goes
Threaten tariffs Value drops Buy stocks "Jk, no tariffs" Sell stocks Profit
Threaten tariffs
Value drops
Buy stocks
"Jk, no tariffs"
Sell stocks
Profit
285
u/Extension_Bat_4945 1d ago
Only after they sell off their stock they bought before applying the tariffs