But, if you told me I had to go buy a an automaker, guess what, man? The only automaker I'd go buy is Ferrari. Cuz Ferrari makes like $100,000 plus on a vehicle. It's an incredible profit, right?
I'd much rather go with them, a niche player that can make $100,000 plus a profit a car, versus GM who could maybe make 2K, or maybe take a loss. A BYD or Toyota that's maybe trying to make $1,000 here and there, or Volkswagen trying to make 900 bucks, right?
Or Ford that might make profit one day and might lose money the next day, right? Or these other companies that lose huge money. So, I'm good on those. If you told me I had to go buy an automaker, I'd go buy, you know, Ferrari.
Yeah, maybe they only sell, who knows, 10,000 cars a year, or whatever number it is, but that's fine with me. I'd rather the company that is dealing with the high end. They're likely going to have be in a much stronger financial position.
Guess what? Their customers their customers are going to buy stuff regardless of the economy. Economy great, economy okay, economy bad, their customers are going to come through and spend money cuz rich people always got money, right?