⏩🇺🇸Subaru says new car demand in the US is not slowing down, despite inflation.
💰📈Q2 saw about triple profits and a 3% sales increase in the US.
✂️🗓With rival Toyota cutting its US sales forecast and pent-up demand, Subaru increased its full-year operating profit projection by 50%.
🚗🚙A 25% year-over-year increase in US sales is included in the full-year projection.
TL; DR - Tesla says their Chinese sales are aok, and you should mind your business. Carvana should mind its business, but, like, in a ‘get things in order’ kinda way, and the used car business is seeing an influx of exotic cars as Crypto investors face a time “between prosperity.”