??The Weekly Vest: 10/13/2023
Greetings,
Welcome to The Weekly Vest!
This week we have another 3 shares vesting - 1 Chart, 1 Quote, and 1 Tweet.
??Chart??
Deflation at Tesla: While everything seems to be a lot more expensive today than it was just few shorts years ago, one product is becoming a lot cheaper - Tesla Cars. Automobiles prices in general have spiked since 2020, with the used car market cooling off a tad over the past year+ with a modest 7% decline. Meanwhile, Tesla has been cutting their prices left and right in order to sell more cars. With their almost 40% drop in the last 15 months, the strategy seems to be working as the delivered just shy of 500,000 vehicles in the previous quarter.
???Quote???
“The future belongs to those who believe in the beauty of their dreams." - Eleanor Roosevelt
??Tweet ??
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Mike