So even Porsche is not immune from this. How does this level of depreciation compare to other not-911 high-spec Porsches though? Seems like Panameras and Cayennes drop in value like rocks too.
So even Porsche is not immune from this. How does this level of depreciation compare to other not-911 high-spec Porsches though? Seems like Panameras and Cayennes drop in value like rocks too.
Yup. But I’d argue it’s even worse for a hypocrite: he clearly sees the problem with the Saudi regime (that’s good!) but has no trouble gorging himself on that sweet bone-saw oil money (that’d bad!).
The 757-200 has not been manufactured since 2004, so this is exceptionally unlikely to be any fault of Boeing’s. Heck, the entire 757 line is obsolete. (But remains popular in aftermarket sales anyway, because they’re rather peppy. This makes them inefficient, but they’re great for hot, dry climates and for the…
What is going on with this man’s abdomen lately? Almost looks like an ascites distention, but I hope not.
He reeks of the stench of hypocrisy, jealousy, and entitlement.
Custom built cars were a big thing just before the Great Depression and they are big now. They are also the sign of a pyramid economy that is inherently unstable. As when the wealth concentrates in the hands of a few, there is little for the workers to spend on necessities. And then the economy fails as demand for…
You know what is better than a Scirocco?, a rear wheel drive Scirocco.
Russia is engaged in a military quagmire, the US economy is rewarding the rich and crushing the poor with a senile president in power and liable to remain so no matter who wins, here in the UK we’ve got a hard right government that is blaming immigrants for their own engineered economic catastrophe, and we’ve got a…
“You wouldn’t keep a Rothko in the basement under the stairs – you’d hang it in pride of place with good lighting and space around it,”— Uh having just visited the Rothko Chapel in Austin you’d be hard pressed to tell me that isn’t how they are displayed. I’m certainly not an ‘Art’ person but Rothko paintings may be…
The place to display a car is outside, on the road, the highway, a parking lot, use it for what it is intended, the art is in the usage
I have friends that have driven their delorean over 400k miles. All over the USA, its been to europe, Central, and South America. Not one single mention of corrosion on the stainless panels or rust flecks.
So, like a lemon?
Some Cybertruck owners say their fellow Cybertruckers are blowing things out of proportion, and one said it’s a good idea to not “...drive it in the rain, or get it wet.
I’ll say any flush-mounted and particularly electric exterior door handles. I think new Land Rovers have them, maybe some Lexus and pretty sure Tesla. I mean I understand the design esthetic of a smooth door exterior but making them touch sensitive so they pop out is so patently unnecessary and adds an element of…
The entire vacuum and electronic control systems for carburetored cars from the early 1970s until the widespread adoption of fuel injection?
The Tesla board is not truly independent from Elon; that’s part of the problem. For example, his own brother is on board.
Yeah, they were cool with Elon and his shenanigans because the Tesla BoD was also grossly overpaid. Shareholders sued and won back $735m.
“I cannot figure out why the BoD of Tesla hasn’t put Musk out on his ass yet.” In the recent compensation lawsuit in Delaware, the judge ruled that the board was made up of Musk’s family and friends and was not independent. I think this also answers your question.
Wrong. TSLA is a stock pumping ponzi whose BoD allows it’s TechnoKing to make fraudulent claims in order to enrichen himself and his lackadaisical BoD (which lost a lawsuit last year to return $735M in excessive compensation to themselves). The company is a wefare queen that cannot survive without government subsidies…
$56 billion would cover that payroll for quite a while.