Financial Lesson for the world from Elon Musk

People are busy looking at this;

And this :

And this:

And this;

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But I am looking at this:

Graphic by @shortsegments

Elon Musk Tweet about 146,000 Pre-Orders at $100.00 equals $14,600,000.00 interest free until 2021

The Cybertruck is going to sell a lot. Why?
It’s priced right.
It’s practical. It is a movable generator and air compressor w/ a huge payload that can carry 3500 lbs while towing another 14k lbs.
It looks good. I don’t care what the naysayers say. Have you seen the big nasty V8 trucks made by Ford and Toyota? For the most part, they are vanity trucks that need to be able to tow a vanity boat. In my humble opinion, those are some truly fugly beasts. For example, here is the 2020 Toyota Tundra:
Guys who buy trucks buy ‘em to use ‘em. I’ve owned a Tacoma, a Ranger, and a F-150... and hands down, that’s the best fucking truck I’ve ever seen. If the competition is that big hunk of vanity metal like the Tundra above, then the CyberTruck is a way better hunk of undentable shiny vanity metal. Usually you have to compromise payload with towing capacity. But with the Cybertruck you have 100 square feet of payload, plus a huge roomy interior, plus you can tow 1.75 tons of stuff behind you. Oh yeah, and there's that built-in generator and air compressor for doing your DIY projects on the go.
Amazing.
So this CyberTruck looks cool AND is useful.

Source

Elon Musk just generated millions of dollars of free publicity and intense interest in his new vehicle, along with 146,000 orders for these yet unbuilt vehicles at a paltry $100.00 deposit, which is non-binding and essentially is a interest free 14.6 million dollar loan from truck buyers to Tesla.
The way he generated publicity
The way he fanned the flames of interest
And the way he sold a huge number of pre-orders

That’s what I am looking at, and oh yeah it’s kind of a cool looking truck, but the 14.6 million and the buzz...that looks
Great!

✍️ written by Shortsegments

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