
Tesla rental fleet that bought into Elon Musk’s self-driving lies goes bankrupt due to depreciation

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Dutch leasing company Mistergreen, which operated a "Tesla only" fleet, is reportedly facing bankruptcy. The company's financial collapse is attributed to its reliance on Elon Musk's claims that Tesla vehicles would become appreciating assets and future robotaxis. However, Tesla's price cuts and unmet promises have led to significant depreciation in the used EV market, forcing Mistergreen to sell off operations and wipe out bondholders.
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