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5 NYSE Stocks Breaking Out To New Highs
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Apple Inc (NASDAQ:AAPL), Amazon com, Inc (NASDAQ:AMZN) - In The Future, Every Company Will Be A Financial Services Company
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Business Insider
Tesla has avoided adding a finance arm to lend customers money to buy cars.
But Tesla could now become a bitcoin banking hub.
About 10 years ago, I joined a conference call with Elon Musk to talk about a new leasing program for Tesla s Model S sedan, which was then relatively new to the market. I asked the CEO when he thought the automaker might start its own bank.
He said that Tesla was happy with its established finance partners and wasn t planning to create the Bank of Elon anytime soon. Which made sense. Tesla was then producing a fraction of the half-million cars it did in 2020. Manufacturing vehicles was far more important than lending people money to buy them.
Netflix, Redbox and More of the Best and Worst Company Makeovers
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