• DaddleDew@lemmy.world
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    3 months ago

    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.