Cathie Wood

@CathieDWood · Dec 16, 2022

.@ARKInvest has been concerned the impact of declining residual values on the $1+ trillion auto loan market. Most of these loans back gas-powered vehicles. @GuyDealership explains that the crisis is underway. The consumer preference shift toward EVs will exacerbate this crisis.

Car Dealership Guy@GuyDealership· Dec 16, 2022

That's all for now. If you found this thread helpful, RT the tweet below to share it with your audience:

Elon Musk

@elonmusk

Potentially, the biggest financial crisis ever

05:56 PM · December 16, 2022 · 3.8M views

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