this post was submitted on 14 Mar 2025

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1642

Used Tesla prices tumble as embarrassed owners look to sell (arstechnica.com)

submitted 2 months ago by [email protected] to c/[email protected]

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[–] [email protected] 30 points 2 months ago (5 children)

spacex and starlink need to be the next to go.

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[–] [email protected] 61 points 2 months ago* (last edited 2 months ago) (30 children)

The brand is forever damaged. Sell while you can.

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[–] [email protected] 23 points 2 months ago* (last edited 2 months ago)

I’m so glad that I lost my job in 2016 and had to cancel my Tesla Model 3 reservation. When I eventually got a better paying job in 2017 I played it safe -assumed I could lose it at any moment- and bought a Chevrolet Spark which has served me well.

[–] [email protected] 11 points 2 months ago (1 children)

White people are selling, Indians are buying. Every Indian neighbor I have owns at least one Tesla

[–] [email protected] 54 points 2 months ago (1 children)

Carvana bought mine at a decent price. I imagine the coming glut will have them refusing to buy Teslas outright. Other enraged Tesla owners should unload theirs asap.

[+] [email protected] -38 points 2 months ago* (last edited 2 months ago) (2 children)

Good on you for having principles. Unfortunately a lot of Tesla owners are limp dicked piss baby champagne socialists who'd rather just put a 5 dollar sticker on their bumper instead of selling it.

[–] [email protected] 68 points 2 months ago* (last edited 2 months ago) (2 children)

Not everyone is the position to sell their car, especially at huge finacial loss. So they buy the stupid sticker to make them selves feel a little better.

Many bought the thing 5+ years ago when Tesla was basically the only electric with a real charging network and in a time before Musk went from eccentric billionaire to an out-of-the-closet Nazi.

Now anyone buying one new today, that's a different story (Which makes it harder to sell the damn thing).

[+] [email protected] -31 points 2 months ago* (last edited 2 months ago) (16 children)

Why the fuck are you defending this shit?

Also I am tired of hearing about how Musk only recently went insane, dude has been off the rails for as long as I can remember.

Eccentric billionaire? My ass dude, he was an asshole and insane always for anyone paying at least a little bit of attention.

It just finally caught up to him and now everyone wants to cry wolf that has been supporting him? Fuck off.

[–] [email protected] 17 points 2 months ago

What are you talking about? Most Tesla owners are progressives. This whole thing is a gut punch to Tesla owners.

[–] [email protected] 15 points 2 months ago* (last edited 2 months ago) (1 children)

Lol, a lot of rich people are rich assholes, that's nothing new. Think Bezos is saint, how about that one CEO who made people go to work during a flood, did you like Brain Thompson, Ulf Mark Schneider - do you even know who that is?or back in the day when they used to lock workers in the factory or shove children in the mines.

The rich have always been assholes, Musk is just more public about it. 5 years ago, he was just another rich owner of a company. The company made something good, so people bought it in support of the product not specifically the owner and his values, just like every time someone buys a nestle product.

[+] [email protected] -21 points 2 months ago* (last edited 2 months ago) (3 children)

Your argument that 5 years ago he was just another rich person is utter bullshit. I remember him a decade ago being legit insane.

Again, everyone just wants to cry wolf now that has been supporting him

[–] [email protected] 21 points 2 months ago

You're out of touch, my man. 90% of the population aren't paying attention to what rich people are saying and doing. Pretending that everyone that bought a Tesla 5+ years ago knew that he was an insane asshole all along and are now feigning ignorance of that fact to save face doesn't make it reality. But whatever, keep getting worked up over something that doesn't really matter at present.

[–] [email protected] 14 points 2 months ago* (last edited 2 months ago) (1 children)

That's nice not everyone payed that close attention, they got sold a car and are now stuck with a shitty reputation by association. Some people are afraid to drive their car because they'll get harassed by people who can only see telsa driver = musk supporter.

You could blame the buyers for their ignorance, but its pretty normal to have no clue who the CEO/owner is of whatever car brand you buy. How many can name 1 beside Musk or Henry Ford?

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[–] [email protected] 31 points 2 months ago (1 children)

I didn’t think they were defending it. The reality is some people live in a bubble and don’t pay close attention to the media, and switching cars is not exactly an easy thing to do without getting fucked over.

Many people are upside down on their car note, and when you trade in with negative equity on a car loan, that negative equity gets added to the new loan balance. It’s kind of a big deal for the average person.

[+] [email protected] -33 points 2 months ago (5 children)

Switching cars isnt easy but buying an expensive one made by a madman is?

[–] [email protected] 12 points 2 months ago (1 children)

Many bought the thing 5+ years ago when Tesla was basically the only electric with a real charging network...

Until relatively recently, if you were an American who wanted to buy an electric car and wanted to guarantee you wouldn't be stranded somewhere with a dead battery, Tesla was literally the only option.

[–] [email protected] 16 points 2 months ago

I had Tesla sales reps at my WeWork office one week back in like 2019 iirc. They had a very aggressive sales campaign for a while at least. One even offered to have me test drive a Model 3 right their in the parking garage, which I declined.

So yes, they were making it very easy. Have you ever had car salesman show up at your office?

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[+] [email protected] -13 points 2 months ago (3 children)

"huge financial loss"

So why do these people buy these expensive cars they can't afford in the first place?

Surely they would've made a good financial decision and bought a used Toyota at a fraction of the price if their finances weren't in order?

[–] [email protected] 5 points 2 months ago

Some people reallying don't understand arp. Also staus symbol and they could have brought it realozed they are underwater on the loan and are stuck with it.

[–] [email protected] 28 points 2 months ago (1 children)

Well, being financially stupid doesn't mean you're also a "limp dicked piss baby champagne socialist."

It don't matter how they got the car. They could have saved up for years, have been cutting costs elsewhere in life, or just have a well paying job; buying a car at 40k+ and selling it for 20k, especially if they still have 30k left on the loan is a dumb move even for the financially illiterate.

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[–] [email protected] 15 points 2 months ago* (last edited 2 months ago)

I'm not sure they're going to be able to give those things away.

Seems to me, at this point, this is a bit like owning anything with a swastika on it in 1946.

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