4min chapter

Animal Spirits Podcast cover image

Talk Your Book: Car Dealership Guy

Animal Spirits Podcast

CHAPTER

The Future of Subprime Leases

Tesla is losing money on a per unit basis. Ford Mustang, you know, Machi, they follow Tesla with price cuts as well. People bought these cars at inflated prices. They're out of equity in these cars much more than they would have been otherwise. And so all roads lead to more repos.

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