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Used Tesla prices tumble as embarrassed owners look to sell
(arstechnica.com)
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this post was submitted on 14 Mar 2025
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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).
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.
With as strong and emotional you seem to feel about this topic, I sincerely hope you have never used an iPhone, used Facebook, bought a product off Amazon, taken an Uber ride, or consumed any Nestle products.
If you've eaten a single hot pocket, you have no ground to stand on here.
I love that comic, but it's unfortunately not applicable to this conversation. If anything, it's more applicable in response to @MellowYellow13.
This person is clearly being overly reactive to the situation and isn't listening to reason. By all means, don't buy a Tesla in the year of our lord 2025, but if you bought one in like 2019, that's kind of irrelevant. Those people shouldn't be punished for what they saw as an innocuous purchase at the time. To tell people they just straight up need to sell their car is asinine.
I'm not saying "omg you participate in society, you're just as bad", moreso pointing out how absolutely ridiculous @MellowYellow13 's platform here is. Things that have already been done are irrelevant, let's look to the future to improve things, no? If you've bought a Tesla in the past, it does not matter, just as if you've bought an iPhone, used Facebook, etc.
You completely missed my message.
What do you want to have happen? The car exists and is in an owner's hands already. Elon doesn't make any more money no matter if they sell it or not. It's environmental waste to simply scrap it. What are the options, here?
Elon has the large part of his fortune tied to the future of Telsa, which is 90% selling cars. If no-one buys those cars, and if the second hand market is seen to be almost worthless, then the fortune and Elon's power disappears.
I dont give af what happens. Defending people buying a car made by a Nazi madman is simply pathetic.
Glances nervously at Ford, Mitsubishi, VW, BMW...
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.
Switching cars isnt easy but buying an expensive one made by a madman is?
You mean the car they have been paying down on? That’s less expensive
Buying a Tesla made by a Nazi is one of the most expensive and dumbest things you could ever do.
When did you find out Elon is a Nazi?
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?
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.
I had all of those things and didnt buy one as many others. Crazy that when you buy a car from a nazi lunatic things dont work out
K live in your fantasy bubble and revise history all you want, not even a decade ago Teslas were considered very good cars, and the only viable electric option for some. Not hard to figure out why people bought them then, just like it's not hard to figure out why people are selling them now.
Considered by fucking who? lmao jesus christ, it's also not hard to figure out Elon has been a Nazi for a long while
Your weird attempts at gaslighting aren't working dude
Your weird attempt at labeling gaslighting sure as hell didn't work dude.
Even if you werent a Musk fanboy, Tesla cars have literally always been shit quality, this is well known. I remember videos from 2015 from brand new Teslas with massive cracks going down the length of the car.
But yeah Im gaslighting! Hahaha not the fucking Nazi madman scamming you all, what a joke.
Additionally, Tesla has and ALWAYS has been extremely anti-consumer and anti-repair, they do not give a fuck about you.
Nah what you're doing is textbook gaslighting. Not to mention, putting words in my mouth. You wanna have a level headed conversation, I'm down, but if you're gonna continue to let emotion take over, I'm out.
What are you talking about? Most Tesla owners are progressives. This whole thing is a gut punch to Tesla owners.
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.
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
I can guarantee you that 95% of car owners don't know the name of the CEO of their car company. Most people who bought Teslas years ago didn't know or care who Elon Musk is.
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.
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?
Henry Ford was a huge nazi as well.
"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?
In 2012 a Ford Focus full Electric was almost $40,000 MSRP with a probable markup at just about any dealer in the country. The only thing that makes that kind of investment affordable is the tax break. The Tesla model 3 (in comparison) was around $25,000 MSRP in 2019. With a 3 year auto loan at 5-6% interest that cost is $31,760.50. The electric focus would have cost $49,305.44 for the same loan term and interest rate.
And they can't even sell these vehicles for bluebook value (assuming that the vehicle is paid off and they aren't upside down on the loan for say a loan term of 5 or 7 years).
A Mach e? Almost $39,000 MSRP. Chevy Bolt? $27,500 MSRP. Hyundai Ioniq? Almost $40,000 MSRP. Nissan Leaf is just over $29,000.
There aren't that many cars that are good financial decisions to be made in a market with so few options where range and ability to charge are majorly important to what you buy.
Toyota's Mirai isn't even top rated and it starts at $52,000. So yes. Huge financial loss, and Tesla's aren't that expensive when compared to other brands (the cybercuck not included).
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.
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.