Jonathan Kamens on Nostr: Even if Musk weren't destroying Tesla's reputation by being a Nazi, high unemployment ...
Even if Musk weren't destroying Tesla's reputation by being a Nazi, high unemployment wouldn't be a big risk to its business, because its cars are a luxury good targeted at high-income consumers, a small segment of the population. Tesla will never sell enough cars to be a commodity item, so high unemployment won't greatly depress sales.
Also, much of Tesla's revenue is credits and rebates from green government programs. When your "customer" is the government, who cares about unemployment?
🧵2/8
Published at
2025-04-05 19:36:28Event JSON
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