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Joined 1 year ago
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Cake day: October 25th, 2023

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  • Tesla was moving their cars at high velocity and found the top price that keeps them moving

    the top price which apparently came down 40% in less than a year? besides, this matters to the consumer how exactly?

    Dealers aren’t doing that to EVs, they are radically overpricing.

    back when i was fruitlessly trying to buy a mackey, every dealer i called said they have nothing on the lot because all allocations and abandoned customer orders were getting bought up immediately. and the lowest markup i found was $5k

    At least Tesla got some money which they can, and did, put back into capital improvements for future models.

    aside from the fact that this is is incredibly naive, it generalizes beautifully to other manufacturers, like gm announcing they’re doing a $10b stock buyback.