The first round of debate between closely watched presidential candidates in the US election was held in Cleveland today from 9 a.m. to 10:30, marking the beginning of the final sprint phase of the election.

You must have seen the first debate this morning, have you?

Yeah? No? Okay. Here is an actual record, which you can review if you are interested.

Let's get back to the point.

After the first debate, according to the latest figures (as of 19:40 Beijing time), Biden's chance of winning was 59.7%, up 1.3%, while Trump's victory rate fell 1.5% to 38.6%.

In addition, local media opinion polls show that Biden is considered the winner of the first round of debate by 7 percentage points (48% vs 41%).

In terms of post-debate asset price performance, the dollar rose slightly and US stock futures pulled back sharply, as Biden's policies such as higher corporate income tax, higher capital gains tax and tighter regulation were considered unfriendly to the market. worries the market and investors.

Of course, until the last minute, we won't know who the ultimate winner is. You know, after the final presidential debate four years ago, there was a reversal in the election: Trump "counterattacked" Hillary Clinton and won the election.

Therefore, the last two rounds of debates in this year's general election (October 15 and October 22, respectively) remain noteworthy.

Throughout today's first debate, the two candidates exchanged views on topics such as the Supreme Court, the health care bill, the epidemic, the economy, and taxes, while topics related to the industry were not covered.

Wall Street once said:

When investing, it is best not to consider political factors. Whether you like the people sitting in the White House or not, presidential policies usually have much less impact on the stock market than Fed policy or the health of the economy.

Therefore, objectively speaking, no matter who is finally elected president, there will always be some industries or individual stocks to benefit.

Biden wins, full warehouse Tesla, Inc.!

Some analysts pointed out that Biden's policy of raising corporate taxes will put pressure on corporate earnings, but Biden is expected to support infrastructure construction and renewable energy.

From the perspective of renewable energy alone, Tesla, Inc. will be the natural beneficiary of Biden's election as president.

One of the goals of Biden's statement is to make the United States a leader in the production and scale of electric vehicles. Although Tesla, Inc. is not the only electric car manufacturer, for now, it is obviously the largest and best-known pure electric car manufacturer.

Of course, Tesla, Inc. doesn't need Biden's election to stimulate interest in his electric car. You know, even during the Trump presidency (a relatively weak position in environmental policy), Tesla, Inc. has performed very well.

Tesla, Inc. CEO Musk (Elon Musk) has more influence in the media than the vast majority of corporate management, and Tesla, Inc. 's share price has been soaring. Whether Musk publicly said that "Tesla, Inc. 's share price is too high", or experienced a 1: 5 split, or a considerable correction, Tesla, Inc. 's share price is still up 387 per cent so far this year.

It is no exaggeration to say that Tesla, Inc. is currently the most valuable car company in the world (admittedly, some people define it as a technology company).

So is Tesla, Inc. an unsustainable bubble? I don't know. The company's share price seems expensive for years by traditional measures (TTM Pmax E is 1012 times, static Pamp E is a loss), but it continues to rise.

And it is only when a bubble is punctured that we define it as a bubble, right? Besides, do we really care about fundamentals when we invest in Tesla, Inc.?

Objectively speaking, no matter who is elected as the next president, investors need to treat Tesla, Inc. with caution.

But it is not difficult to see that the Biden government will certainly promote the development of electric vehicles from the perspective of policy propositions. Therefore, to a certain extent, Biden's victory will continue to accelerate Tesla, Inc. 's growth pace.

Trump wins, buy Twitter!

In history, no president has ever loved Twitter as much as Trump.

According to statistics, Trump has posted more than 17000 tweets on Twitter since he officially announced his candidacy in June 2015 to the first two and a half years of his presidency. Obviously, this number is still growing.

But Trump loves and hates Twitter.

When his tweets were marked as untrue, he flew into a rage and regularly criticized the social media platform for suppressing freedom of expression. However, he still tends to use Twitter as the main medium for his voice, while bypassing most of the traditional media.

You know, Twitter didn't stand out in the field of social media before the 2016 election. But Trump's infatuation has made this controversial platform active.

The media are increasingly quoting Trump's comments or screenshots on Twitter and periodically following the president's latest developments for fear of missing blockbuster news and community users' reactions. At the same time, this phenomenon has gradually spread to other politicians and celebrities.

People's eyeballs have returned to the former "loser" Twitter, and in turn, Twitter's advertising revenue is increasing.

DAU is also growing steadily.

In fact, if Biden wins the election, then Twitter's attention may be greatly reduced, because Biden is unlikely to "rule the country on Twitter." At the same time, the Democratic administration is more likely to force Twitter to step up its crackdown on controversial posts or hate speech.

In the long run, serious political problems with Twitter and other social media platforms need to be addressed. The first Amendment of the United States also seeks to protect and balance the concerns of hate speech and false news.

But in the short term, the continued activity of Trump, the "chief Twitter officer", will help Twitter's performance growth.

Maybe from another perspective, Twitter needs Trump, just as Trump needs Twitter.