Tesla owners offloading their cars over Elon Musk backlash are in for a nasty surprise

Just a welfare subsidized hobby car for the wealthy. California's agenda of forcing all vehicles, even big trucks, to be all electric by 2035 isn't going well. Soon we will be seeing a lot more of their refugee swarms as trucking companies refuse to buy expensive vehicles just to deliver cheap junk to California and haul their Chinese freight out. For all the noise the rich commies out there make, almost none of their cities are walkable nor have much in the way of public transportation of any kind, plus they have all those illegal aliens to feed and help keep their massive Congressional delegation in lots of bribe opportunities. The Feds should force the state to allow counties to start seceding from the state.
 
AProudLefty said:
Indeed.

In 1924, Heinrich Himmler – a leader of the Nazi Party – wrote of Ford that he was “one of our most valuable, important, and witty fighters.” In Mein Kampf (“My Struggle”), Adolf Hitler’s autobiographical manifesto, Henry Ford is the only American referred to favorably, where Hitler calls him the “only a single great man.” He continues, “Ford, [who], to [the Jews’] fury, still maintains full independence… [from] the controlling masters of the producers in a nation of one hundred and twenty millions.”
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^^^ lol moron thinks Henry Ford is still alive.
 
EdwinA said:
Just a welfare subsidized hobby car for the wealthy. California's agenda of forcing all vehicles, even big trucks, to be all electric by 2035 isn't going well. Soon we will be seeing a lot more of their refugee swarms as trucking companies refuse to buy expensive vehicles just to deliver cheap junk to California and haul their Chinese freight out. For all the noise the rich commies out there make, almost none of their cities are walkable nor have much in the way of public transportation of any kind, plus they have all those illegal aliens to feed and help keep their massive Congressional delegation in lots of bribe opportunities. The Feds should force the state to allow counties to start seceding from the state.
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I know 3 people who own Teslas. One of them is still driving the older P70 Model S. He loves it.
 
signalmankenneth said:
  • Thinking of selling your Tesla? You won’t get as much as you might expect. Prices for the company’s vehicles have been plunging and now are far below competitors’. That comes as many Tesla owners are looking to unload their cars as a sign of protest over Elon Musk’s actions at DOGE.
Tesla’s stock price isn’t the only thing that has been plunging lately. Resale value on the manufacturer’s vehicles continues to fall, which could come as a big shock to people looking to make a change.

The average price of a pre-owned Tesla has been in steady decline for coming up on three years now. In 2022, a used Tesla sold for more than $70,000, but dropped as low as $26,000 by last fall. Data from iSeeCars found the Model 3’s price had dropped 24.8%, more than $8,500, in the 12 months from August 2023 to August 2024.

That was the biggest drop of all EV models.

The laws of supply and demand could push that price even lower in months to come. Hertz recently put 30,000 Teslas from its fleet up for sale. And a growing number of Tesla owners are looking to offload their vehicles as part of a backlash against Elon Musk’s recent comments and actions, particularly through his work at DOGE.

Some protests against Musk have even turned violent with some Tesla facilities facing protests, graffiti, and even attacks from people throwing Molotov cocktails.

Recent data from CarGurus shows the price of the average used Tesla was roughly $10,000 lower than other EVs in January of this year.

While all EVs are seeing price declines, Tesla’s drop is far steeper than its competitors’. Year-over-year declines last November, according to iSeeCars, topped 21%. That’s compared to an industry average of 1.4%

Used EV prices for vehicles from Ford, Lexus, Nissan, Hyundai, Acura, and more, however, all saw slight increases in that same time period.

This story was originally featured on Fortune.com

https://finance.yahoo.com/news/tesla-owners-offloading-cars-over-155236295.html


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I was curious why Hertz is dumping so many cars. From last year:

 
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