Here are the winners for shareholder wealth destruction. Worldcom is still the king, but Rivian is a close 2nd place! Oh, and by the CEO of Rivian paid himself a third of a billion dollars for this catastrophe.

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
I don’t think any of us have ever lived through deflation, but recent Tesla purchasers have. I’m not referring to TSLA, but the car itself. Imagine having shelled out $120,990 for this vehicle and, after the damned thing has already been battered with depreciation, finding out that a person could buy a completely new vehicle for less than your used car is worth.
