Here's how much average value a Tesla Model Y has lost since October 2023 (when my video analysing FSD was made) compared to the average used vehicle's depreciation. A 26% average loss in one year compared to $3k. 😮 It gets worse... - ThreadSky

bennjordan.bsky.social • 7 days ago

Here's how much average value a Tesla Model Y has lost since October 2023 (when my video analysing FSD was made) compared to the average used vehicle's depreciation.

A 26% average loss in one year compared to $3k. 😮

It gets worse...

Comments

bennjordan.bsky.social•7 days ago

In the last 12 months, Cybertruck owners got hit with a 63% depreciation.

Despite Elon telling you that they'll retain (or even increase in) value, buying a Cybertruck on launch has the same ROI as buying wheat futures at their peak before The Great Depression.

noctucat.bsky.social•5 days ago

Not. Enough.

oblee.bsky.social•7 days ago

They lose even more value with a brick through the windshield... So I hear.

robotimpurity.bsky.social•7 days ago

Funny. I'm considering selling my 2nd car (a Honda Civic) and it seems to be gaining a tad bit of value due to the possibility of tariffs messing with the new car market. I'm thinking Musk was too dense to realize embracing nazi politics would be bad for business.

rumpistump.bsky.social•7 days ago

At what price does it become a good investment for scrap parts? I’m guessing that a good chunk of the hardware isn’t too bespoke to have some resale value beyond the automotive spare parts market

amseldrossler.bsky.social•7 days ago

But you can use your Tesla to passively earn money by letting it roam as an autonomous robotaxi! Any day now.

cyb3rmaniak.bsky.social•7 days ago

I'm waiting for Tesla's stock to rise a little bit, so I can short it. But it's just going down-down-down. I don't know if I should be mad or not. I want money, but seeing no up-ticks at all also makes me all giddy, happy and hopeful that the world hasn't gone completely batshit crazy.

very-interesting.bsky.social•7 days ago

I sold my Model 3 shortly after the inauguration. The dealership can’t sell the thing. Honestly, I was worried they wouldn’t accept it as a trade considering how quickly the brand is becoming less desirable.

bennjordan.bsky.social•7 days ago

I had a lease that returned in January. They wanted me to pay them $5,750 for normal wear and tear, and I told them that I was anticipating that and the courthouse is on the way home so I will just file suit.

They said they'd wave it if I bought a new Tesla. 😂 I did not, and they waved it anyway.

very-interesting.bsky.social•7 days ago

They say you should never meet your heroes, but you’ve turned out to be way more awesome than I could have expected when I started watching your gear videos all those years ago. Thank you for being the exception to the rule.

atomsofstardust.bsky.social•7 days ago

I feel exactly the same!

Thank you, Benn, for all your “not gear/music related” videos!

Even though I guess video about Spotify is technically still about music😅

trustingrok.bsky.social•1 day ago

Domestic terrorist, price drops, new model released have more effect than your video.

shem-h.bsky.social•7 days ago

It gets worse for Elon?
Good.

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