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.
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.
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Cry more.
I surprised you didn’t bring up trans athletes to defend your opinion
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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.
Imagine being such a bootlicker billionaire fascist worshipper that you can’t understand what is happening.
e: Quick trip through your comment history shows this is all you do. Defend trump’s actions. Probably if I dug back far enough you’d be attacking the push for EV, but it’s amusing watching you defend them now. Blocked.
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 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
No one is successfully a billionaire.
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<giggle>
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 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.
“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!
Unfortunately, you’ll need to settle for Whistlin Diesel for now.
Although, it was pretty entertaining in a Jackassian Park kind of way.
lol
lmfao even!
There was Dealership near me that had a bunch of their teslas keyed and damaged and smashed. Curious. Now that dealership can claim insurance money on the cars he can’t sell!
The whole internet seems happy about the “people” burning Teslas in protest. I am pretty sure they were all insured and given the terrible sales figures… please guess who is benefitting the most of that burning?
Insurance fraud is really hard to hide, that’s the first thing insurance companies investigate, particularly if the claimant is a car dealership. This has been a popular criminal activity for decades, my uncle used to pull this scam with his motorcycle club, they all got caught.
Having to make a ton of insurance claims is not a good thing.
Eventually you become uninsurable, which is a lot harder to overcome than a sales slump.
This comment has no logic… yes, maybe Tesla itself is not at a loss due to vandalism here but insurance companies would drop either Tesla (the company) as a client or deny insurance to people buying Swasticars which would make the sales slump into a sales halt
This is really bad for Tesla either way if you are willing to look 1 mm beyond
You are right, but there probably is a “safe” number of Teslas that can burn, before insurance companies drop Tesla (or increase insurance prices to make it unprofitable).
Insurance frauds, if not caught, tend to be profitable.
Edit: I just want to add that I do not have any personal experience with insurance frauds… It’s just my little conspiracy theory… I won’t respond anymore, must go and make my first tinfoil cap.
Insurance companies raised rates on teslas
Insurance isn’t going to pay out it’s $700 billion market cap. If this keeps up, Tesla the company won’t exist any longer.
Insurance companies? You realize insurance isn’t free right?
I mean Tesla. Just imagine, you have a lot of unsold cars and no hope that people will rush to buy them. If you lower the price, you will admit to shareholders that it’s not going well and maybe your company is not worth more than the next eight biggest car manufacturers combined… So you can’t lower the price, at least not enough to sell all those cars, they all take space, need some maintenance, slowly rust and lose value… Or they can just burn, and you can claim that it was all because of those far left terr… Right, someone mentioned that insurance doesn’t cover terrorism, so it’s all because of those damn leftist hooligans. You would probably sold all of them, but they were destroyed. Pinky promise.
And the quarterly policy renewal goes up… a lot.
I mean sure, he could run uninsured… but then he eats the loss now.
I don’t know what insurance rules look like when you are a billion dollar business, but I would assume they have a much better negotiating position.
I’m not saying that the renewal cost won’t go up, but I assume it won’t go up as fast and as steep as it would for us poor people.
You get better insurance rates as a large business because you have more collateral and have a larger contract. If it gets the insurance company more net money to give you a lower rate per item insured, they want that extra bit of income. Rather, the person signing the deal wants that extra bit of commission on a large contract.
If what you’re insuring costs more than the contract value, they’ll 100% hike rates to make up for it.
They’re in the business of betting that they’ll make a lot of profit while you bet they’ll only make a little profit. It doesn’t matter how much money you have, they’ll always arrange the numbers so that their worst case scenario is minimal profit.There’s no amount of money you can pay someone to lose money on a deal.
They do, but it’s not infinite lmao, insurance companies will either charge out the ass, or drop them regardless.
I work at a very large company and you’d be surprised how many of the inconsequential or seemingly silly decisions made are rooted in insurance coverage.
Your car insurance doesn’t cover terrorism but I’d be surprised if a car dealership or Tesla have that same clause. You are very unlikely to be the victim of a terrorist but because Tesla is a big company their insurance provider probably covers intentional damages by a third-party.
So you think the story “we can’t sell cars because half burn in the dealer and the other half won’t be touch by people in fear” is actually going to go well with shareholders?
It’s kinda dumb that people are burning EVs… vandalize them all you want but burning that gigantic battery can’t be good…
Insurance doesn’t usually cover “acts of terrorism” so it will be funny if that’s how it gets classified.
Probably they will blame it to “Battery quality/integrity”
If they did, wouldn’t that make the cars much more expensive to insure?
Genius. All of the expensive metals, sitting in a movable brick that is easy to break apart (actually doing the breaking apart just by driving it). Now, if the tariffs raise the prices for importing steel, tesla can offer the cybertrucks to companies to melt down and make a ton of money. 5D Jenga move.
/s
We could convert them into recycling bins.
Has any other car manufacturer ever had a similar policy of not accepting their own vehicles as trade-ins?
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.
What is that trade-in? You give your old car to get a discount for a new? How does it work? Why does it work? I do I understood this completely wrong?
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.
I always sell my cars privately, and I’ve always gotten good value for them. But then, I never buy new cars. I’ll generally buy a low-mileage car that’s 3 or 4 years old.
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 exactly how it works, and the dealer usually gives you a decent deal on the trade in, to make a sale.
It saves a huge amount of hassle for the buyer.
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.
Why would car manufacturers want their old cars?
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.
Or they give you more on the trade-in and claw it back by offering you shit terms from their captive finance company.
Some carmakers don’t make a profit manufacturing and selling cars, they only make it on finance.
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!
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.
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.
Because they can (usually) resell them for more than they give you for it.
Usually. They might have trouble with Teslas.
CPO cars print money.
Charge 3k more in order to give the car a once over and then offer a few years extra warranty that will probably never pay out that much in repairs (assuming there’s anything at all).
Because they lowball you
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.
I have knowledge of how car salesweasels operate. There’s a thing called the Devil’s Triange: sale price, trade-in value, finance terms. If they give way on one of those vertices, they claw it back on one or both of the others. When the smarmy git goes out to talk to their manager, they’re showing them that they’re making their margin on the deal.
That’s also why it’s hard to negotiate with them if you disclose that you’re a cash buyer and don’t have a vehicle to trade in: you’ve removed two of their three degrees of freedom.
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! 😇
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.
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.
That would just make it so minorities will be driven around in that death box.
You got me there.
god i hope every cop cuts themselves on the edges
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
In a few decades we’ll get a new Back to the Future movie.
Doc, you made a time machine, out of a cybertruck?
If this baby hits 88mph you’re gonna see some serious shit…fall off.
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
my ex worker with a guy who took out a 90k loan for some other shitty backleds SUV and literally had to get a second job to pay for it. think started to break down like two months later lmao
The potential for multiple insurance scams is huge. I’ve seen 3 in the wild and no fucking thanks.
Maybe but it is up 17% right now. Are investors really this stupid?
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.
How do you think previous recessions happened? They are gambling with other people their money.
