Imagine fire bombing Teslas and keying them just because you don’t like Musk. How sad and cult-like is that. Domestic terrorism must be worth the 20 year sentence just to hurt Musk indirectly but at the same time, most likely harming your fellow Democrats who drive the ELECTRIC VEHICLE. The man who helped popularize the EVs is now your enemy. The same EVs that Biden pushed a mandate for.
That is a cult. There can be 2 different cults, ya know. The one you’re in, and the one you despise.
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Not everyone who opposes Trump and Musk is a Democrat, especially on Lemmy. Many of us are leftists who despise Democrats, just less than we despise MAGA fascists.
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Don’t think a lot of cybertrucks are being driven by those on the left, they weren’t released until well after Musk showed his true colors. Every cybertruck owner I’ve personally encountered has been solidly MAGA.
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You’re gay but not in the fun way.
Cry more.
I surprised you didn’t bring up trans athletes to defend your opinion
What does Elmo’s taint taste like? I bet it’s salty…LOL
Imagine selling EV’s to a group of people then surprised Pikachu facing when you turn your back on them and tell them they are infected by empathy and a “woke mind virus.”
Imagine being so full of yourself that you Nazi salute away your entire international sales because guess what, the rest of the world doesn’t think it’s funny either.
Imagine.
Imagine being such a bootlicker billionaire fascist worshipper that you can’t understand what is happening.
I’d fuck both of you. How can we get you two to get along.
I’d be hurt if you actually knew what fascism is. Sucks that you’re not successful enough to be a billionaire but begrudge those who are.
No one is successfully a billionaire.
No one is successful enough to be a billionaire. Accumulating that amount of wealth is not a result of hard work, it’s a result of exploitation. Begrudge all billionaires
lol
lmfao even!
Womp womp. Glued together piece of scrap plastic
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This relates to the “zigzagging spikyness” you often see with the stock market. Each time a stock falls, many people are going to ask themselves “Hey, do I think that other people are wrong about this property being worthless? Maybe this is a good chance to buy, before they bounce back.”
There’s a mental appeal to the middle, it’s just a question of what the correct “middle” is. That’s also why many investors were cautioning people against selling during Trump’s week-long tariffs (of course, if you believe the USA is on its last legs, that may be a good idea). You’re probably seeing those purchases from those that feel the Tesla Takedowns will run out of steam, which is why it’s important to keep them up.
We could convert them into recycling bins.
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I’m no scientist, but I hear Fauci is. …bet it’s his fault.
JAFFA KREE!
I will feel a lot better when their stock price goes much, much, much lower. Sure they are down 40+% in the past 3 months, but they were WAY too high prior to that.
Their P/E should be in the single digits if they were like most American companies. Until I see that, I’ll know that they are nothing but a fucking chud memestock.
They’re still up 25% year on year.
That was an insane rally and crash though.
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Yeah, if you compare their P/E ratio to any other car company…it was and is just nuts. They are in the triple digits last I checked, while many car companies are in the single digits/low double digits.
It’s gotten a tad bit closer to reality, but still needs adjustment, IMHO. I think the price of the stock should be at about 1/10th of what it is at now…I think a lot of it has to do with people buying into Musk’s bullshit and whole lotta stans in the day trader manosphere.
But it has a real Gamestop vibe to me…
What’s going to be really funny, is when it becomes worthless.
See, most of Elon’s money is in Tesla Stock, stock that he manipulated by telling tall tales of colonizing Mars.
In order to buy Twitter he had to take out a loan for the money and use his Tesla stock as collateral. Now, the thing about that is, the stock is only able to serve this purpose because it’s worth so much. If it wasn’t, then Elon basically defaults on the loan.
This means he will no longer own Twitter, his bank will.
He’ll be forced to sell SpaceX to cover the loans.
The swastikar idiots need to be called out constantly. They know exactly what they are doing. There are no coincidences. These are the willing participants in the far right agenda….
If they could afford a Tesla in the first place, they can afford to replace it.
I dont know about afford, surely there’s some idiot who took out a loan for this
The potential for multiple insurance scams is huge. I’ve seen 3 in the wild and no fucking thanks.
Has any other car manufacturer ever had a similar policy of not accepting their own vehicles as trade-ins?
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Works just like that. Dealer takes your trade-in, usually paying you a decent amount less than you could get selling it yourself (this is a spot where you have rk make a time value for money decision). You apply that cash to your new car you’re buying from them.
The dealer (if they are good) cleans and fixes any issues with the trade-in and either sends it to auction or sells it on their own lot.
This process is so ingrained in the process here in the US that if you look up price estimates of used cars online, they will give you both a “dealer trade-in” value and a “private party” value.
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Yep, really depends on your personal feelings around your money.
I am generally a used car kind of guy, but this is how trade-ins work. For some people, they’d rather just not have to deal with selling a car even if they could get a lot more for it. The dealerships provide them that service at a significant cost. 🤷♂️
Did you think people threw thier cars out when they bought a new one?
That’s right. Where I am it’s a tax scam to support dealerships.
If you trade in a $10k car on a $20k one, you pay sales tax on $10k. If you sell your car to someone else for $10k and then buy the $20k car, you pay sales tax on $20k and the new owner of your car pays sales tax on $10k.
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Because they can (usually) resell them for more than they give you for it.
Usually. They might have trouble with Teslas.
Because they lowball you
It usually doesn’t work quite like the example above. Using that example…the dealership will only give you $4k for your old car, even though it’s worth $10k. They then turn around and sell it for anywhere from $8-12k, netting themselves a tidy profit on the vehicle now for the second time.
The convenience makes this worthwhile for most car buyers, even if they could get another few thousand if they did everything themselves and paid full taxes. Dealership of course loves it and laughs all the way to the bank.
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Good point, this is fairly common as well. I’d recommend avoiding financing entirely if at all possible because of this, simply not worth it for a car unless it’s the only way you can get one that’s in decent shape.
If you have to finance, often times you can get a much better rate from your local credit union instead. Use that to make the purchase, instead of the dealer’s financier.
Interesting, wonder how the economics work for the different players. Also, tangentially:
A decade or two ago, a lady working in dealer finance lamented how internet bank rate comparisons had really rained on their parade
“I want this rate”, she explained customers would say, pointing at a printout or their phone and expecting a match.
Imagine how fat those margins would’ve been when they knew a customer hadn’t yet called around researching rates!
It’s what Game Stop (and a myriad of other “buy, sell, trade” stores) does with used games and consoles but with cars. eBay exists but most people don’t want to go to that much trouble.
Not manufacturers, dealers. A legally required middleman in most of the US. They’ll take your $10k car for $7k and try to resell it for $12k. Even if it gets negotiated to a fair price, they still get the opportunity to upsell used car buyers into extended warranties and maintenance plans.
Tesla is a little different in that they do not have dealers, so they instead do no-negotiatiation sales on their used cars. It’s good for them because they can do the same buy low sell high deal. But when the model is not selling, they’ll have to buy it and sit on that asset for months or dump it at auction.
What? Where is that legal? You should be paying tax on the full purchase price of the new vehicle. In every transaction I’ve done, the trade-in is simply treated as part of the down payment or the full payment if you aren’t financing.
https://www.motorenn.com/vehicle-trade-in-tax-benefits-by-state (not the biggest fan of this but can’t find one I like better)
The same thing applies to houses and many other large purchases. Also most states that offer a trade in discount also let you sell the car private party (or to another dealer) and claim it on your taxes. You just have to file more paperwork vs the dealer figuring that out for you.
Huh, TIL.
No other major manufacturers sell directly to customers so no. Dealerships don’t care as long as you’re buying something. Many cars they take as trade wind up going straight to auction.
I mean do they care a bit. If it doesn’t sell at auction or goes for basically nothing they could lose whatever value they gave to you for trade in.
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Plus they have their big book that shows current values and trends with used vehicles (like KBB on steroids) so just a cursory glance at your trade-in to ensure the transmission isn’t falling out and dragging on the ground should be a safe bet that they’ll be able to recoup most of the book value on the trade.
As a cash buyer, I went through my last dealership purchase and ordered a car with the $4k “warranty” scam plus accepted their scammy financing. Closed the deal and drove away with my car, then the next day I called and cancelled the warranty for a full refund and took my cash and paid off the loan in full.
It’s a hassle, but you have 3 days to cancel all that scammy junk with no recourse. That’s what it took to get the cash price I wanted.
I can’t imagine a court in the country seeing a problem with the call and cancel trick. Although,
permission to moralize?
personally, I want to get a great deal in a way I’ll feel good about… maybe have a story to share with fellow misers.
But I do put myself in the business’s shoes and I think it’s fair for everyone to walk out knowing how good of a deal they got and how much money they made.
And when you’re inside the building and they run their numbers and based on that they shake your hand, to go outside of the building and reach back to change the numbers–in a way that’d make them take back the handshake–it exceeds the level of cunning I’d want to be in a negotiation.
Also Lemmings, I promise I am not the parent commenter’s mother. Someone, take my soapbox before I make someone else want to log off! 😇
No. Dealerships might have said “we have too many EVs right now” to you if you came in with your Nissan Leaf when there was an over-supply. But the idea that the entire manufacturer is blanket not accepting their own car, that new.
I saw one yesterday in the wild. It’s unusual for where I live, we’re not rich here, and being a blue state, we’re not stupid, either.
Surprisingly, it still had all of it’s body panels intact.
I want to hear a documentary, narrated by David Attenborough, about the wild Cybertrucks.
Unfortunately, you’ll need to settle for Whistlin Diesel for now.
Although, it was pretty entertaining in a Jackassian Park kind of way.
“As the Cybertruck sleeps, it is blissfully unaware of the approaching storm. If the thunder doesn’t wake it soon enough, it may succumb to its greatest existential threat: wetness. In the bushes, a Patriot rattles a paint can.”
Thanks. That’s brilliant!
While the Texas Plate ‘HAIT 88’ seems like it’s fake, I feel that is implied by driving a Cyber Truck. He didn’t need to go through the trouble paying extra for that.
I’m pretty sure I watched a very persuasive infomercial from our president on why we should buy them.
This is obviously due to the liberal media brainwashing consumers not to buy them.
OR…
It’s produced by a Nazi.
It could be that this vehicle has averaged a major recall every 60 days since release.
Gas pedal detaches itself for spontaneous fully automated joy rides.
It looks like what happened if oops all polygons fucked a roll of tinfoil.
It rusts, the panels fly off, and if you take it through a car wash it’ll total it.
It hasn’t lived up to any of the hype or range estimates stated.
The trailer hitch is held on by the polycarbonate (plastic that went to college) frame, so enjoy causing a massive traffic fatality while towing (even within the recommended towing capacity specs).
It’s 14 times more dangerous than the Ford Pinto which was on the market 3x longer and became synonymous with explosions.
Lastly, it’s become a way of explicitly telling the world I have a $100,000 truck and a $10 brain.
plastic that went to college
Thanks, I’m really appreciating the afterlife
He’s not a Nazi, he’s just a far-right, authoritarian, ethnonationalist, pretending to be a champion of the working class.
Wow. Post-production quality control. Such dedication.
I bet detachable gas pedals make them easier to replace.
Probably saved a lot of money in design by not having to pay a bunch of liberal artists.
Those are sacrificial anodes. They’re supposed to rust. The panels are ablative hull armor designed to mitigate damage to the unibody and distract rival drivers, thereby assisting in escape. It’s nice of them to incentivize water conservation.
Gotta keep the other car companies guessing.
That’s a randomized defensive countermeasure.
No risk. No reward. Being this awesome comes at the risk of being a danger to oneself and others. That’s a sacrifice many drivers are willing to make.
The dancers at the club really like it. I think one of them is falling for me.
(Just guessing that’s how that conversation goes)
You forgot that it looks so much like a dumpster raccoons will try to break into it
Vehicles so shit even the manufacturer doesn’t want them
I imagine Trump will buy the useless cyberdumpsters and give them to cops to use. They are such badly engineered and frequently broken POS’s I wouldnt even mind. Let “law enforcement” deal with them.
god i hope every cop cuts themselves on the edges
That would just make it so minorities will be driven around in that death box.
You got me there.
Minor correction; trump won’t buy them, the American taxpayer will buy them.
You seem to imagine pigs out there suffering some burden. That burden will simply be the taxpayers. 🤯
I think by “Let ‘law enforcement’ deal with them” they’re referring less to the cost than to the functional unreliability.
Then you’d think maybe they’d have a problem with the shitbags themselves.
I don’t gather your meaning.
The shitbags known as police are bastions of functional unreliability.
Okay? But what are you talking about
Then you’d think maybe they’d have a problem
Who is “they”?
NM