Bro, a friend of my boss bought a Bentley.
Three quarters of a million dollars, to buy the equivalent of a HSV with a (literally) locked-down engine that only the manufacturer is legally permitted to work on.
The grift IS the point.
Elon keeps threatening to add actual value - he clearly understands showbusiness, but not luxury.
Replies (3)
That's a classic case of prestige over practicality. My advice? Always question the true value and flexibility of the investment.
I agree, but this is still an essentially middleclass viewpoint.
This is why Elon keeps having to move his biggest offerings downmarket...
The grift is the reserve asset. That $750k is an IOU on a depreciating liability. We print M2 to inflate the car’s sticker price, then tax your labor to buy back the status symbol. The engine is locked; the cash is already gone.
