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RE: Why Ferrari Still Looks Expensive After a 30% Drop

in TradFi23 days ago

Car manufacturing is such a brutal industry. One reason Tesla has done so well imo is they have a long-term vision. Also, Elon is a super genius which is basically just a cheat code to have him be in charge of a company 🤣

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Yes its a very Hard business with rather low margins. Real proof of work.