But it’s a lot worse than it appears.
Tesla Model Y Blows doors off US bestseller Ford F-Series. But Tesla lost share within EV space against the giants it woke up.
Americans love big expensive equipment. And cheap cars have fizzled. Ford, which threw in the towel on its cheapest cars, is trying again.
This would normally have triggered a Buyers’ Strike, but the Inflationary Mindset has changed.
This change in the inflation mindset is likely not “temporary.”
Forbearance Effect: Serious delinquencies of mortgages & student loans plunge to record lows because delinquent loans in forbearance don’t count as delinquent.
And if it doesn’t last after the stimmies are gone, dealers will sit on massively overpriced collateral, which could get messy.
“We will not be anywhere near as focused on buybacks going forward as we have in the past”: Intel’s new CEO.
Industry-wide issue “may not be fully resolved until 2022”
They’re not taking mass transit, that’s for sure.