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Even from a purely financial perspective people are starting to realize that Teslas are a bad purchase. They are notoriously expensive to repair with little to no spare parts support. Even fender benders that would have been considered minor on other vehicles result in totalling the car. Because of this insurance premiums for Teslas are going through the roof. The battery pack also has a limited lifespan and replacements are prohibitively expensive.
Teslas used to keep their value because rarity, demand and Elon's teademark overhype. But their depreciation curve has begun to catch up with reality. As more and more Teslas end up prematurely in the landfill depreciation and insurance costs are going to overshadow fuel savings.
Had Elon Musk ever really cared about saving the planet he would have used his company's resources and energy in reducing the cost of ownership of his vehicles by creating an affordable repair parts supply. But instead he decided to waste it all on the moronic waste that is the cybertruck.
This article just feels like rage bait to me
I'm not sceptical of the premise, because clearly the strong feelings people have towards Elon will turn some people off, but that kind of effect is hard to quantity
As the article, and others, note Tesla sales are down. That could be for any number of reasons and it doesn't make a convincing case that it's because of Elon
Tesla sales have been strong for so long despite Elon's continued crazy behavior that I find it hard to attribute the cause to the effect. Why now? Why not any of the other crazy stuff he's done?
I miss when Elon was just a Xoomer dad that would post shit like this:
teslas aren’t cool anymore going by what my middle school aged kids are saying. they used to point out every Tesla they would see with excitement, now they do with laughter.
I wouldn't buy a new tesla even if it was the only option. I would just go and buy used, not like the market isn't flooded with the. .. at least he doesn't see a penny of it.