I recently got a letter from the bank that owns my tesla loan, informing me that I can buy the car at the end of the loan. Previously that wasn't an option. Plus, it was for $28k (at the end of a 3 year loan).
Got another letter trying to get me to buy a new 3 with 0% interest for 60 months.
"The widely panned [Cybertruck] vehicle is a flop, and Tesla is reckoning with existing stock it simply can't sell. To help entice buyers, Tesla is offering a 1.99 percent interest rate on new Cybertruck orders financed through Tesla."
Model_3 0.00% interest rate
"If you're willing to apply for a $7,500 federal tax credit on a new Model 3, Tesla is offering zero percent loans for "well qualified" buyers."
Model_3 0.99% interest rate
"If you're not interested in that tax break, you can still get a 0.99 percent loan if you're "well qualified," which typically means a credit score of 700 or better."
"Tesla sales are also down 76 percent in Germany, 75 percent in Spain, 72 percent in Australia, and 45 percent in Europe as a whole. In the U.S., reports peg Tesla's sales decline at 11.6 percent year over year."
Sold my Tesla model 3 performance about a year ago, and it wasn’t because of politics. Tesla continuously deployed breaking changes to my car without my permission. Autopilot, parking sensors, rain sensing wipers that just became absolute garbage… every new update was an exciting journey through the features of my car that used to work and now didn’t. Couple that with depreciation of a 68,000$ car to 19,000$ in two years time, I will never buy another Tesla. They have no long term thinking, no thoughts about existing customers, they will screw you over to make quarterly sales targets.
The broken them. I had a model 3 with ultra sonic parking sensors and radar, they said the cameras alone were enough and started rolling out auto pilot and self park and such to only depend on cameras because of parts shortages during Covid.
The wipers are what really stuck in my craw. Because the car had great rain sensing wipers before, there was no button to turn them on or adjust the speed. It was buried in touch screen menus. Then during some autopilot update they ruined the rain sense, so you’re 3 menus deep on a touch screen while it’s raining (no autopilot, cause rain) to keep adjusting it.
They basically gave up trying to fix it and made the setting easier to access, popping up when you hit the windshield wash button on the stalk.
I guess deprecation is in the eye of the beholder.
I have a model y, probably got mostly the same updates, and I have found that the features seem improved.
The exception might be FSD, for which I think v12.5 was an experiment of questionable value that quickly became a non-issue with v13. I don’t have FSD, so I’m not sure.
This I would not mind seeing, EVs are perfect for Postal Use. But that ship has sailed because the current postmaster general insisted on Fossil Fuel vehicles and many are already in service.
Note, as a kid half my family worked for USPS, so a few times in summer I rode with them in the tiny 'jeeps' for mail delivery. In 1 day these vehicles probably travel less then 30 miles (50km).
this is so misleading, ev sales worldwide have been stagnant and their share price just normalised back to pre election. more chinese competition and also the Y model is being replaced with a newer face so they are lowering prices to remove old stock.
How are you defining stagnant here, and do you differentiate that from negative growth? I searched for whatever market trends I could find. It's true that there's globally more Chinese competition but no one's sales looked "stagnant" and the best obvious declines in Tesla sales especially in Europe since the Nazi salutes seem to be extreme outliers.
As long as you're dreaming, perhaps you should also include giving up all his equity in the company. He'd still profit handsomely off someone else running the company well with over 12% of shares.
I'm not going to go that far. He can invest in whatever he wants; if he owns a non-controlling amount of Amazon or Home Depot shares, I'm not going to stop shopping there.
Well, I was thinking other way round. When Tesla stock price sky rocketed after inauguration, I thought it would be dumped to PE firms or some other chump at immense profit to Musk. Tesla anyway does not fit into his political agenda, prices are too volatile in last few years and sales going down even before his latest shenanigans.
Unlikely as it seems, does he actually run the company anymore? He's running a bunch of other companies and apparently the federal government. I wonder when is the last time he attended a Tesla meeting. He really should hand the reins. But even so, he's going to the biggest shareholder. Jeff Bezos relinquished Amazon, but he's still executive chair and the biggest stock holder so people still the company his.
Readit News
Got another letter trying to get me to buy a new 3 with 0% interest for 60 months.
They're definitely under pressure.
https://www.edmunds.com/ford/mustang-mach-e/2025/deals/
"The widely panned [Cybertruck] vehicle is a flop, and Tesla is reckoning with existing stock it simply can't sell. To help entice buyers, Tesla is offering a 1.99 percent interest rate on new Cybertruck orders financed through Tesla."
Model_3 0.00% interest rate
"If you're willing to apply for a $7,500 federal tax credit on a new Model 3, Tesla is offering zero percent loans for "well qualified" buyers."
Model_3 0.99% interest rate
"If you're not interested in that tax break, you can still get a 0.99 percent loan if you're "well qualified," which typically means a credit score of 700 or better."
"Tesla sales are also down 76 percent in Germany, 75 percent in Spain, 72 percent in Australia, and 45 percent in Europe as a whole. In the U.S., reports peg Tesla's sales decline at 11.6 percent year over year."
The wipers are what really stuck in my craw. Because the car had great rain sensing wipers before, there was no button to turn them on or adjust the speed. It was buried in touch screen menus. Then during some autopilot update they ruined the rain sense, so you’re 3 menus deep on a touch screen while it’s raining (no autopilot, cause rain) to keep adjusting it.
They basically gave up trying to fix it and made the setting easier to access, popping up when you hit the windshield wash button on the stalk.
I guess deprecation is in the eye of the beholder.
I have a model y, probably got mostly the same updates, and I have found that the features seem improved.
The exception might be FSD, for which I think v12.5 was an experiment of questionable value that quickly became a non-issue with v13. I don’t have FSD, so I’m not sure.
The Postal Service, for example?
Any agency facing DOGE cuts would be motivated to buy Tesla.
Note, as a kid half my family worked for USPS, so a few times in summer I rode with them in the tiny 'jeeps' for mail delivery. In 1 day these vehicles probably travel less then 30 miles (50km).
Not bloody likely to happen, but a person can dream.
Dead Comment