Notes From All Over -- Fire Sales And Chariots On Fire -- October 14, 2020

Literally on fire, and figuratively -- fire-sales!

First the fire sale:

Ford just announced it was cutting the price of its electric Mustang  because "it's the right thing to do." 

And now, Tesla, doing the same: look at these data points -- wow:

• Tesla's top selling model: the Model S
• sales have dropped by half since 2018 -- getting long in the tooth, as they say
• Tesla announced a price cut to the tune of $3,000 -- this is their flagship sedan!
• this is on top of a $5,000 price drop in May

My first thought, "Wow! What a great bargain. A $35,00 now $8,000 cheaper."

Whoa! Hold on. I did not know the Model S Long Range Plus starts at $71,990! Are you kidding me. Starts at $71,990! Wow, I completely missed that. 

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Chariots on Fire -- Again
It's A Pandemic

Three reports of fires that began under the rear seat while the cars were parked and unattended.

Under review: 78,000 Chevy Bolts made by GM from 2017 through 2020. Isn't this like the entire production -- 2017 through 2020?