Elon Musk Re-enters Politics, Renewable Tax Cuts Could Hurt AI Growth, Howard Hughes CEO 7/7/25

Tesla shares fall as Elon Musk says he wants to create a third major political party in the U.S. What’s it mean for the stock? We discuss. Then the One Big Beautiful Bill Act cutting back tax credits for the renewable energy sector. A closer look at how that could negatively impact U.S. AI growth. Plus the CEO of Howard Hughes joins the show with why he thinks the recent weakness in the housing market is only temporary. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.