this post was submitted on 07 Mar 2025
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Cyberstuck
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If enough people try to get rid of their Teslas the Used value will crash and bring the New value even further down.
That was observed when Elon in his brilliance secured the Hertz deal and then slashed new Tesla prices. Leaving Hertz no choice but to dump their inventory.
The sell off from Hertz hurt the used value because it was a large supply of "We just want out, we already lost money on these"