Either the interest rate, principal, or payment is off then. I don’t see any indication that they are adding $100k of “FU” charges, but maybe they are. If they are, that would have to be on the truth in lending disclosure and the effective APR would be way higher than 10.85%. 

Your math seems off. The principal is the amount you borrow- there is no indication that they are forcing you to borrow or pay more than the car costs. The high cost of this loan is in the interest, which compounds quite a bit at 10% over two decades.

Part of the reason that wealth tends to decline over generations is simply the mathematics of reproduction and inheritance. If the rich guy has two kids and each of them has two kids, and the estate is split equally after each dies, after 6 generations (roughly 200 years) the estate has been split 64 ways.

I’ve long thought electric door latches are a solution in search of a problem. Doubly stupid because you still need a manual latch, so now you need two latches. 

Electric door latches aren’t just a Tesla problem. I guess nobody remembers this story from back in 2015?

For the last 10 years or so, there’s been a lot of people who flip GT3s, because they are relatively limited production and a Porsche dealership won’t give just anybody off the street a GT3 allocation. You generally have to have a relationship with the dealer that involves having purchased a bunch of other Porsches…

They should have taught the moose to mix concrete and sign complicated insurance forms. 

The Starship’s lifting ability could also pave the way for a much better successor. The ISS was built by dozens of space shuttle and Soyuz launches sending up little pieces at a time at extreme costs. At over $100 billion, it is the single most expensive manmade object ever produced.

Mynd you, møøse bites Kan be pretty nasti... 

I would have wanted a “light duty” version. The standard Uhaul trailer was WAYYYY longer than I needed to tow my Alfa Spider (all 2,000lbs of it) , and using the standard tie down points meant that most of the car was in front of the trailer wheels. This meant the tongue weight was a lot higher than it needed to be.…

The correct headline should be that it loses $40,000 PER vehicle it sells. “On” every vehicle it sells falsely implies there is a marginal loss of $40k for each additional vehicle it sells. In reality, more vehicles sold reduces the per-vehicle loss.

With “speed holes”- don’t forget the speed holes.

Housing costs are certainly a problem. Interestingly, this is a global phenomenon. Housing has gone up in basically every developed country in the world. It also hit unevenly. If you got a 30-year fixed mortgage a decade ago, your housing costs may have declined in real terms. If you are trying to buy today, you bear…

Right, but also because most buyers aren’t willing to pay for more land. People want a bedroom for every kid, a nice looking kitchen, a big living room, and a garage to put their cars. A big yard is just a maintenance obligation.

27,600 in 2018 dollars= $35,000 in 2024. So your same car is actually cheaper in real terms. 

There has been a general trend towards larger houses on smaller footprints. 

Republicans are projecting their own petty vindictiveness onto Democrats. Nothing is going to happen to Musk or Tesla if Trump loses other things they will do to themselves. In fact, Telsa is probably better off under Democrats due to more supportive EV policies. 

Phone bills were really high 30 years ago. You paid ~$50 a month in the mid 1990s for landline phone service (about $104 in today’s dollars). 10 cents a minute was considered a good price for “long distance” (Sprint flooded the TV airwaves for these long distance plans), which was any call outside your immediate metro…

Re New Car Prices: I think we are making a lot of apples to oranges comparisons.

Yes and no. F1 cars mange to make turbos work just fine in track duty. It’s just a matter of setup and appropriate cooling.