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submitted 2 days ago by Punchshark@lemmy.ca to c/Cyberstuck@lemmy.ca
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[-] LeninsOvaries@lemmy.cafe 25 points 1 day ago

If everyone wants to sell and nobody wants to buy, the used price will go down.

If used teslas in good condition are dirt cheap, there's no point buying a new one.

If nobody wants a new Tesla, there are fewer Teslas entering the streets.

[-] Cethin@lemmy.zip 12 points 1 day ago* (last edited 1 day ago)

More important for your last point, it hurts Musk's value. Most of his wealth is in stocks. Make those drop in value and he has less wealth.

this post was submitted on 07 Mar 2025
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