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Bloomberg just says it: The Cybertruck is an automotive disaster on par with the Edsel, which itself became shorthand for a total failure:
Ford introduced a car named the Edsel, named after Henry Ford’s son, almost 70 years ago. It’s widely viewed as the greatest automotive flop of all time. Tesla’s Cybertruck may now be well on its way to claiming that title.
Source:
Tesla’s Cratering Cybertruck Sales Evoke Ford Edsel Comparisons
By Bethany Benjamin
Bloomberg, July 22, 2026
Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • ‘A Deal Written in Pencil’: Tariffs Are Erasing America’s Credibility: David Hebert on the lesson Mark Carney says Canada drew from 18 months of dealing with Washington, after the US slapped a 50% tariff on $20 billion of Canadian goods. (The Daily Economy)) see…
I’m not much of a contrarian. By definition, contrarians are wrong most of the time. Fighting the herd only tends to work at the extremes. Here’s one of my most contrarian opinions right now: I’m not worried about a U.S. government debt crisis. We have the world’s largest, most dynamic economy. We have the biggest,…
My late August morning reads: • What’s Cool in High School? Personal Finance: Thirty-nine states now require a personal-finance course to graduate — up four since 2024 — while economics requirements are shrinking. (Wall Street Journal) see also Could You Beat a High-Schooler on the New AP Personal-Finance Test?: The College Board rolls out AP Business with Personal Finance…
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