From the article:
The Cybertruck owner listed his truck for sale for $89,000. He thinks this is a fair price […] if you added every optional extra that Tesla currently offers for the Cybertruck, given the $7,500 tax credit and the $2000 referral discount, (a brand new 2025) Cybertruck will still only cost around $86,000.
Nobody with a brain would pay more for a used vehicle. It’s not a collectible. “Founder’s edition” nowadays means “beta version” and it’s not something that’s worth more.
Waaahhhh I made a bad financial decision and no one wants to bail me out at a 20% loss.
Lol. Lmao even.
I can think of one way to get rid of it. Saw it on the news last week. He’s probably not going to like it.
Musk said it will be back on the road in no time. I don’t think it’s going to be quite that easy.
At least the driver was kind enough to drive it to Musk’s assistant’s place of business.
Just take a bulldozer and push it on the street. Still drives as reliable as before.
I can’t give this thing away
Sus
“I’ve owned it for 8 months. It is depreciating like a rock. I have already lost over $20k in 8 months. I want to cut my losses and move on, but I can’t give this thing away unless I lower the price to probably $79k. Sucks.”
This right here sums up the unrealistic expectations of the average Tesla owner. Cars immediately depreciate the moment you drive them off the lot, no car is immune to this. The average new car loses 10% in the first month after buying it. It loses over 20% in the first year. For those who are playing along this track’s with exactly how much this doofus has “lost” on his truck.
Also funny that he talks about the price depreciation, while complaining about not being able to sell it. How do you want to sell a buyer on “this will depreciate quickly in price, but please pay a price notably above current market prices”
The average new car loses 10% in the first month after buying it. It loses over 20% in the first year.
The theory behind this is that you’d only be selling a slightly used car if it was a lemon. The exception to the rule is resellers who already have a buyer lined up when they take possession of the vehicle.
But because Musk-o-philes are all Bitcoin brained and cannot conceive of prices ever going down, they’re routinely shocked to discover that cars are for driving and not for speculating.
Anything’s for speculating if you’re dumb enough.
No, I’m not eating $2000 worth of fast food, I’m investing. People will pay 10x that for recently deceased human organs, and I’m using my money to unlock that earning potential
Though I’d say this one takes it to a whole new level because of a few extra factors:
- Pre-orders were priced for exclusivity. Iirc, Tesla was having a lot of production/inventory issues when the pre-orders were collected. I’m not sure how much the deposits were, but they’d have added some sunk cost to the situation, making it harder to walk away when it might have been clear that they would be a shitshow. No one has a deposit on anyone’s used cyber truck to add incentive to pay the rest.
- Elon’s reputation hadn’t sunk so low when pre-orders were made. Iirc, it was after the whole submarine/pedophile thing, but it seems that many didn’t see the writing on the wall from that event.
- They turned out to be pretty bad. Other Teslas have and had issues but the cyber truck has had some particularly embarrassing ones for a truck. Like not handling rain or sand well.
- It looks so unique that it doesn’t really fly under the radar. The two other very hated vehicles I can think of off-hand, the PT Cruiser and the Aztec, were ugly but still looked similar enough to other vehicles that many people didn’t know what they were or that they were so unpopular. People could buy one before they realized, and it was easier to not care what others thought. The cyber truck looks like a 90s video game truck in a time when memes reach many more people, to the point where openly laughing at cyber trucks you see in RL might be a meme.
- Cars and trucks are expensive in general, but this one is on another level. While I might be behind on inflation, the price is comparable to a mid/low-end Porsche (~80k for a boxter, ~120k for a 911 is my benchmark, though it’s old but it’s also CAD, so maybe it works today for USD). A) why would someone want that more than a Porsche? B) most people can’t afford a Porsche.
Not to mention the people Elon is pandering to these days either have trouble affording his vehicles without a dealer trying to convince a bank to take the loan, or can easily afford it but have money in part because they don’t spend it on stupid shit like a cyber truck.
All of that on top of the usual depreciation.
Not to mention the stainless steel it’s made of is not even the type that resists rusting. Did you see the state of the Cyber truck that MKBHD sold? It look like a fucking derelict prop from a post-apocalyptic movie set.
Dumb people do dumb things. News at 11.
Tesla’s have the absolute worst resale value compared to ICE, PHEV or Hybrids. Batteries degrade over time and with increased usage, so by the time you try to sell a Tesla that’s a few years old, a lot of the advertised maximum capacity has escaped from that battery and the cost of a replacement likely exceeds the value of the entire used car.
Two of my coworkers got fantastic deals on used Tesla’s because they go for so cheap on the secondary market and California is awash in them so there’s always someone somewhere trying to get rid of theirs and usually for less that what it would normally blue book for.
You’re right.
Top Gear did a piece about the Aston Martin Vantage. New, £170,000 (GBP). 20,000 miles later it was worth £80,000. 90k depreciation in less than a year.
There is a Tesla dealership near my house that has a lot full of them. A ridiculous number. It seems that Tesla is struggling to get rid of them. Hard to believe that there is not a huge market for electric dumpsters sold by a conspicuous asshole.
I thought Tesla’s business model was to not have dealerships? Don’t you order Tesla’s online? Or are these second hand?
I don’t know. I assume it is either a dealership or a lot for the storage of inventory. They have multiple other Tesla models as well. It hasn’t been there long and isn’t labeled in Google maps. The photos in street view are years out of date and show buildings that were torn down.
Dealerships for other brands in the US are independent privately owned enterprises not owned by the major auto makers.
Tesla doesn’t have dealerships in this sense. They do have corporate owned locations in some states where they are allowed to sell directly to consumers however that is only some states as laws prohibit automakers from selling directly in many.
I don’t, but know I’ve definitely seen Tesla dealerships. They have full Tesla branding so I always assumed they were related to the company and not third party.
“I can’t give this thing away.”
FTA: He’s not trying to give it away. He’s expecting last year’s used market value for it, but it’s steadily depreciating. Someone offered him 50k for it. He overpaid for a new car.
Pretty much, guy’s just being a Karen. “Broken TV from the 60’s, 500 dollars. Don’t low ball me, I know what I have.”
the shitposter in me wants to say that this isn’t a problem you find a solution to, its karma for doing business with the devil.
Fuck tesla in general, but this isn’t even that. It’s the cost of early adoption. The founder’s edition of basically anything is going to be more expensive and less refined than following versions. Once production picks up, nobody really cares about used first runs because it’s more of a show-off piece. He’s just realizing that the number of people who fawn over his steel box isn’t enough to justify keeping that piece of shit.
many tesla owners have unfortunatley discovered that the brand value on the market is heavily attached to the personal reputation of elon musk,
Play stupid games…
Aren’t you literally not allowed to resale a Tesla (RIP First Sale doctrine)
Apparently Elon unfollowed MKBHD after he posted selling his Founders Cybertruck at a $50K loss and saying the Rivian RT1 was a better truck lol.
Oh no! Did he huwt the widdle man’s feewings?
“can’t give this thing away unless I lower the price to probably $79k. Sucks.”
A brand new AWD CT from Tesla is $79,990.
Headline is clickbait. Seller is a whinger. Trash all round. Saved you a click.
That’s the thing. He’s trying to sell his used truck for more than the cost of a brand new one with the same configuration, if I read it correctly.
The guy fucked up buying this trash at a higher price early on, and now he’s just an asshole trying to rip other people off.
Sorry to ask, but what is a “whinger”?
Whiner. Whinging is a synonym
But not back in the colonies, one would surmise.
I believe it means “whiner”. As in one who whines and complains.
I don’t know where @CurlyWurlies4All@slrpnk.net hails, but I just know this because I am a dad, which means I watch Bluey, and sometimes the dad on Bluey will tell the kids to “quit whinging”.
Huh, it’s common as in Australia.
Never thought of it as an Australian word. Odds are it has its roots in England though I guess
I first heard it in the US in 2006 and had to ask what it meant.
In Harry Potter, an English book, the Dursleys are from Little Whinging, because Rowling has no imagination.
I’ll take that as canon given her other extremely obvious names
She didn’t plagiarise all of Harry potter though so she must have some imagination. Creatively bankrupt might be more apt
Rowling’s goblins? Based on a racist caricature
The house elves? Wouldn’t you know it, also based on a racist caricature
Centaurs? You guessed it! Based on a racist caricature!
It’s like these people don’t even watch bluey smh my head
Yeah, somehow there really do be people who haven’t seen bluey. Crazy. It’s 2025 people.
My Geordie friend uses it a lot, I think you’re right on the money.
(Geordies are from the region around Newcastle upon Tyne from what he told me, so part of northern England)
I love how watching taskmaster has given me knowledge of different accents
Whinging and whining - though not exactly identical in meaning - are pretty much the same word to all intents and purposes in casual language.
@Zementid @CurlyWurlies4All Australian here. Whinging is complaining or whining
Pronounced like Hinge
Class-action lawsuit and maybe try not being be an idiot next time
“I can’t give this thing away.” - Guy who is asking $89,000 for a used vehicle that now sells new for $72,500.
Don’t buy vehicles from a company led by an unstable Nazi CEO, dipshit.
Also, “give away” typically means $0. $89000 is to the best of my knowledge larger than $0. I’ll bet he could give it away, but he doesn’t want to do that.
“giving it away” can also mean selling it cheap.
Edit: damn I’m not defending this price, just explaining the metaphorical phrase. Chill yall
No, “giving away” means giving something for free. A better way to say it would be “practically or as if I’m giving it away”.
Of course, in daily discourse you might say “I gave it away” instead of “I got rid of it” or “I sold it” since it sounds nicer and is probably more informative when someone asks you “What happened to your car?” and you want to mean I gave it to someone else and didn’t take any money for it, not when you post it for sale on Facebook Marketplace.
The fact that people list “giveaways” where you pay for anything other than shipping, tax, etc. does not change what the words mean.
And even if we’re cutting it close with “practically giving away”, the max price I’d give on such a “given away car” is $500. Anything more is cutting your losses.
$90k is 180 times that amount. Does that mean he wants to give the car away 180 times?
It’s the same underlying wordplay.
I am giving away the chance to read this comment. Since you have already done so, where should I send the $89,000 bill? Or are you thieving scum?
So there’s this thing called exaggeration…
Going from $89k to “give it away” is not exaggeration, it’s whiny pissboy bullshittery.
No it isn’t. It’s an extremely common phrase people use all the time when talking about things. I’ve said it about my own junk.
