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You can barely trade in used Tesla’s according to comments I’ve seen on YT and other platforms. Dealers don’t want them because of declining brand value, and prospective EV buyers are fearful of used batteries. Used Model S prices are pretty tempting though if you pay cash, and have another vehicles for long road trips.
You mean turning the White House lawn into a car commercial didn’t work? And people don’t want the Cybertruck, a massive recall on wheels (it’s had eight)?
Shocking.
Little wonder Musk wants government intervention to bail him out, in terms of tariffs to protect him from competition and regulatory changes so the government stops holding him accountable for building crummy vehicles. (And that’s leaving aside the entire “Full Self Driving” and “Autopilot” thing, which should have been withdrawn immediately, and the billions he’s gotten already.)
Go MAGAt go Broke
+1. Just wait until Q2 earnings…
This sets up a “heroic exit” for Elon. “Because of the violence and negative campaign against Tesla, I’m being forced to return to the company to steer through these troubled times.”
In the meantime, TSLA stock value might fall enough that the banks start calling loans secured by shares…