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InevitableSwing [none/use name]@hexbear.net to chapotraphouse@hexbear.netEnglish ·
edit-2
2 months ago

"People don't want them anymore." In the US - Average used car prices rose 2+% in the last 30 days but Tesla's used car prices decreased by 1.34%.

electrek.co

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"People don't want them anymore." In the US - Average used car prices rose 2+% in the last 30 days but Tesla's used car prices decreased by 1.34%.

electrek.co

InevitableSwing [none/use name]@hexbear.net to chapotraphouse@hexbear.netEnglish ·
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2 months ago
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Tesla (TSLA) brand damage is destroying used car value: 'People don't want them anymore'
electrek.co
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Tesla’s brand damage is eroding the value of used Tesla vehicles at a rapid rate, as owners rush to sell...
  • Assian_Candor [comrade/them]@hexbear.net
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    2 months ago

    They’re also just shitty cars

    Lots of better EV options now. The real question is when does the P/E ratio come back to reality. Gonna be hard to sustain tech industry multiples on negative growth

    • Dirt_Owl [comrade/them, they/them]@hexbear.net
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      2 months ago

      It says a lot when their cars are so bad they have to ban the competition

      • jack [he/him, comrade/them]@hexbear.net
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        2 months ago

        GM’s EV line has them beat so you don’t even have to go non domestic

        • DragonBallZinn [he/him, they/them]@hexbear.net
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          2 months ago

          Can confirm, I’ve eyed a 2019 chevy volt but stuck with buying a jetta off my uncle they were kind of pricey.

          Shame they discontinued that model in support for a bloody SUV.

          • jack [he/him, comrade/them]@hexbear.net
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            2 months ago

            I got an Equinox EV and it’s pretty damn good

    • Lovely_sombrero [he/him]@hexbear.net
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      2 months ago

      Teslas are really made like smartphones. Oh, someone hit your bumper? The repair cost is 50% of what you paid for your new car.

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