mikeavelli
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A Russian warlord's new Cybertruck shows how Western sanctions are full of holes
Tesla doesn't ship Cybertrucks to Russia, but that doesn't seem to have stopped Chechen leader Ramzan Kadyrov from getting his hands on one.www.businessinsider.com
In order to come up with the $44 billion he needed to acquire Twitter, Musk had to borrow a total of $13 billion from seven different banks. Typically, when a bank lends money for a takeover like this, they sell off the debt quickly. Unfortunately for Morgan Stanley, Bank of America and the rest of the banks that helped finance the deal, they quickly discovered that wouldn’t be an option unless they were willing to take significant losses on those loans. As a result, those loans have become a very expensive headache for the banks involved and are now referred to as being “hung.”
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Elon Musk’s Purchase Of Twitter Declared ‘The Worst Buyout For Banks Since The Financial Crisis’
When you've lost even the Wall Street Journal, you've really screwed up.jalopnik.com
say it with me, cars are a depreciating asset.![]()
Tesla investor Ross Gerber says he can't get rid of his used Tesla. Here's why Musk's cars aren't retaining value like they used to. - Autoblog
Tesla's resale values have been in freefall since 2022 as more and more secondhand models hit the market.www.autoblog.com
did model t owners participate in similar shenanigansView attachment 9474
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Watch this Tesla Cybertruck tow a statue of Elon Musk in Texas
A Tesla Cybertruck was seen towing a trailer with a statue of Elon Musk in Texas over the weekend, though the story behind the bust is not...www.teslarati.com
Even housing should be depreciating assets (land not), but interestingly housing prices increase, although they should be renovated after 25 years.say it with me, cars are a depreciating asset.