Tesla to Bud Light: hold my beer!
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@jon-nyc said in Tesla to Bud Light: hold my beer!:
According to Grok they dropped 6% in the US, 11% in California. In a growing EV market.
In all fairness, there are a ton of new choices that weren’t available 5 years ago and California has that whole subsidize mediocrity thing going on.
But yeah, I imagine Tesla is paying a price for Musk’s red pilling…
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@jon-nyc said in Tesla to Bud Light: hold my beer!:
According to Grok they dropped 6% in the US, 11% in California. In a growing EV market.
In all fairness, there are a ton of new choices that weren’t available 5 years ago and California has that whole subsidize mediocrity thing going on.
But yeah, I imagine Tesla is paying a price for Musk’s red pilling…
@LuFins-Dad said in Tesla to Bud Light: hold my beer!:
In all fairness, there are a ton of new choices that weren’t available 5 years ago
I agree. When Tesla was pretty much the only EV, not surprising that sales would grow. Many more "fish in the sea" now.
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I wonder if part of it is the Cybertruck?
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There's a place for EVs and Tesla is one of the best.
Rumor is, there's some dark money astroturfing the Antesla protests ...
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There's a place for EVs and Tesla is one of the best.
Rumor is, there's some dark money astroturfing the Antesla protests ...
@Jolly said in Tesla to Bud Light: hold my beer!:
There's a place for EVs and Tesla is one of the best.
Rumor is, there's some dark money astroturfing the Antesla protests ...
It’s really stupid. Every Tesla they destroy counts as a sale when the insurance company pays. They’re better off letting them wither on the vine.
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@Jolly said in Tesla to Bud Light: hold my beer!:
There's a place for EVs and Tesla is one of the best.
Rumor is, there's some dark money astroturfing the Antesla protests ...
It’s really stupid. Every Tesla they destroy counts as a sale when the insurance company pays. They’re better off letting them wither on the vine.
@jon-nyc said in Tesla to Bud Light: hold my beer!:
@Jolly said in Tesla to Bud Light: hold my beer!:
There's a place for EVs and Tesla is one of the best.
Rumor is, there's some dark money astroturfing the Antesla protests ...
It’s really stupid. Every Tesla they destroy counts as a sale when the insurance company pays. They’re better off letting them wither on the vine.
That's not exactly the most important reason why political terrorism is stupid.
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@Axtremus said in Tesla to Bud Light: hold my beer!:
@Jolly said in Tesla to Bud Light: hold my beer!:
Antesla
Wait, is that a word now?
Kind of like Antifa...Slightly different focus, most likely funded by the same people.
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@Axtremus said in Tesla to Bud Light: hold my beer!:
@Jolly said in Tesla to Bud Light: hold my beer!:
Antesla
Wait, is that a word now?
Kind of like Antifa...Slightly different focus, most likely funded by the same people.
@Jolly said in Tesla to Bud Light: hold my beer!:
@Axtremus said in Tesla to Bud Light: hold my beer!:
@Jolly said in Tesla to Bud Light: hold my beer!:
Antesla
Wait, is that a word now?
Kind of like Antifa...Slightly different focus, most likely funded by the same people.
most likely but maybe not.
Plausibly could be the oil and gas industry and its political puppets.
But more than likely nobody of any particular note or celebrity; not even that dark money doppelgänger of the populist right, George Soros.
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From Fortune Magazine
Tesla owners offloading their cars over Elon Musk backlash are in for a nasty surprise
Summarize
Chris Morris
Thinking of selling your Tesla? You won’t get as much as you might expect. Prices for the company’s vehicles have been plunging and now are far below competitors’. That comes as many Tesla owners are looking to unload their cars as a sign of protest over Elon Musk’s actions at DOGE.
The average price of a pre-owned Tesla has been in steady decline for coming up on three years now. In 2022, a used Tesla sold for more than $70,000, but dropped as low as $26,000 by last fall. Data from iSeeCars found the Model 3’s price had dropped 24.8%, more than $8,500, in the 12 months from August 2023 to August 2024.That was the biggest drop of all EV models.
The laws of supply and demand could push that price even lower in months to come. Hertz recently put 30,000 Teslas from its fleet up for sale. And a growing number of Tesla owners are looking to offload their vehicles as part of a backlash against Elon Musk’s recent comments and actions, particularly through his work at DOGE.
Some protests against Musk have even turned violent with some Tesla facilities facing protests, graffiti, and even attacks from people throwing Molotov cocktails.
Recent data from CarGurus shows the price of the average used Tesla was roughly $10,000 lower than other EVs in January of this year.
While all EVs are seeing price declines, Tesla’s drop is far steeper than its competitors’. Year-over-year declines last November, according to iSeeCars, topped 21%. That’s compared to an industry average of 1.4%
Used EV prices for vehicles from Ford, Lexus, Nissan, Hyundai, Acura, and more, however, all saw slight increases in that same time period.
There's only one thing that might reverse this decline. If the violent leftist rioters continue their idiocy long enough for a Tesla movement on the right to form.