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A company pre-ordering is quite different from a consumer. They've probably put up a fraction of the regular $5k. But even if they hadn't, this story hit newsp
by IkmoIkmo 9y ago
A company pre-ordering is quite different from a consumer. They've probably put up a fraction of the regular $5k.
But even if they hadn't, this story hit newspapers in pretty much every region they have consumers. At a WACC of 6%, a two-year 125k loan means they've got quite an effective PR move for $15k in interest payments.
Remember this is a company with $46 billion in revenues, not a mom-n-pop store or small local chain.
It's a good move without even going into whether the semi ends up worth buying a few years down the road.