It’s Impossible to Get Rid of a Tesla Cybertruck. I Want to Cut My Losses and Move On, but I Can't Give This Thing Away. I’ve Lost So Much Money Already; Help.
A Cybertruck owner shares his frustration following multiple failed attempts to sell his truck. After losing more than $20,000 in 2,800 miles, the owner says, “I want to cut my losses and move on, but I can't give this thing away.”
If the stock keeps going up, if the P/E keeps going up, that means this car is an appreciating asset, an investment!
It'll self drive one day!
It always gets software upgrades!
Please!
I'll throw in 0.0034 DogeCoin!
(In actuality the attempt at pricing here is following the same logic as the private home / apartment sales / rental market: I am hugely in the hole from my mortgage / renovation, and my price reflects mainly what I need to become financially sound again, fuck the concept of 'fair market value' when it isn't convenient for me, personally.)
In this instance the "Corolla" cost 80,000 new and he can't sell it for 60 because theyre now 60 new. With only a couple kmi he'll have to sell it at 55 or less. Normal used trucks don't lose much value.
As the article mentions though, there are other factors adding to that, such as government incentives and better features on the newer editions that already cost less. Who's going to buy a worse, used version of a product for more money than the better, brand new model costs?
Besides, the guy hasn't lost any money. He bought a truck and he still has it. He could drive it, but he chooses not to.