Tesla Motors Inc. appears to have missed its revenue target for the latest quarter by $315 million, suggesting the company is much better at selling cars than making them.
Breitbart News reported last month that Tesla’s CEO Elon Musk had told a shareholders’ meeting last month that the company, despite never meeting production goals, will revolutionize the auto industry to increase production over the next five years. He predicted … More
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The collector car market cratered in 1989-90.
What were the significant events that preceded the collapse?
1. Auction companies popped up everywhere trying to get a piece of a rapidly growing number of transactions, increasing prices and resulting commissions;
2. Cars sold to speculators, not collectors;
3. Individuals like Hans Thulin took on huge bets on the collector car market’s continued rise; Thulin eventually failed to consummate his purchase of GTO 3607 at Monaco in 1990 for $10.7 million and a year later it was sold … More
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Hi, I’m Dan. A few years ago, I drove a Jeep from Alaska to Argentina.
I learned a lot on that trip about where I want to go and what kind of vehicle I want to live in.
After years of saving and planning, I bought a 2007 Jeep Wrangler Unlimited (4 door) Rubicon to turn into a house on wheels to drive around Africa for two years … More
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