Saleen Automotive, Inc. (fka SLNN)

[rooket]

Anyone paying that kind of money for a car is going to ask about warranty before they sign paperwork. That is a given. It is going to be rare for people with wealth to do otherwise. After all, in order to stay rich you pretty much don't want to spend any money whatsoever. A car is a money pit anyway. There are some folk that are rich that never want to have anything to do with an automobile.

We talk about losing money on SLNN stock but we usually don't talk a whole lot about paying for these overpriced pieces of transportation. We lose a lot more money buying any car new from a dealer than we do off of this stock. Unless, of course, someone bought $30k of shares of this thing and then it tanked. I sure the hell wasn't about to invest that kind of money into a penny stock.