No. of Recommendations: 0
my purely non-ai subjective view :
- no one can do much regarding the increase in uninsured american drivers; bottom 90% consumers will continue to get decimated by the gop results on affordability
- above slightly offset by increased fragility threshold of $$$ hi-electronics cars (higher totaled status), but # new cars sold also at further decline risk. no mfg wants to lower prices unless chap11 imminent, and even then c-suite incentives will distort actions.
(see 2024-2025 global fire sales on EVs by chinese companies going bust)
some combination of 3 things needed to inflect copart shareprice
- financial engineering (buybacks well below 'true' longterm intrinsic value)
- tech breakthrough (e.g., total automated assessment booth for a basic sedan)
- repeat superior performance for clients in a natural disaster
