Oil is at its lowest price in weeks. A barrel of crude fell to about $83, a low since before a 2M barrel a day cut by OPEC+.
The dip is partly due to talks to release fuel from the US Strategic Petroleum Reserves. The released fuel will be part of a previously decided 180M barrels. The Biden Admin said the 10-15M new barrels will not reach the end of the allotted 180M.
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.”
