What’s really fascinating about this graph is that used Tesla prices started plummeting circa fall 2022, about the time Musk wrecked Twitter, 2.5 years •before• the movement started.

What’s killing Tesla? It’s not just the protests. The brand was already fundamental damaged. Protests simply gave coherence to a disgust that was •already• powerful and widespread.

Musk is permanently radioactive. Institutional investors take note — and get out while you can.

(ht to @GottaLaffLaffy for the link)
bsky.app/profile/did:plc:z6ruj

Graph showing average price of a used Tesla. Key points:

Jan 2019: $55k.
Spring 2021: $47k.
Sharp rise to…
Summer 2022: $67k.
Sharp fall to…
Early 2023: $49k.
Continued sharp fall to…
Early 2024: approximately $32k.
Now: $28k.
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