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Car-mageddon: Your Complete Guide To A Bursting American Auto Bubble

"There are a number of negative implications from what we’re observing, including rising negative equity in new car loans, lengthening ownership cycles, tightening credit, and potential for deteriorating mix/pricing (And we see risk of continued deterioration as used vehicle prices remain under pressure, and new vehicle inventories remain elevated)."

"There are a number of negative implications from what we’re observing, including rising negative equity in new car loans, lengthening ownership cycles, tightening credit, and potential for deteriorating mix/pricing (And we see risk of continued deterioration as used vehicle prices remain under pressure, and new vehicle inventories remain elevated)."
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1 comment on “Car-mageddon: Your Complete Guide To A Bursting American Auto Bubble

  1. OK, so ‘splain me this. On a day when the stock of all major car manufacturers tanked, the mighty TSLA, which lost $2 billion last year, has never even come close to making a profit, and whose far-distant-future projections of possible profits are based on clearly impossible-to-achieve numbers, spiked from insane levels (270-ish) to WTF levels (>300).

    Perhaps the stock ticker symbol for TSLA should be changed to TULIP?

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