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This is an extremely weird article that makes the argument that Tesla lowering prices is “dicking over customers” [sic]. Tesla, described as “ostensibly Texas-

by aydyn 3y ago

This is an extremely weird article that makes the argument that Tesla lowering prices is “dicking over customers” [sic]. Tesla, described as “ostensibly Texas-based” [sic] deserves a lot of criticism but for lowering prices on their cars..? This definitely smacks of Elon derangement syndrome.

WaxProlix 3y ago
I think you could frame the complaint along the lines of Tesla making historically large profit margins on their vehicles. This is a good thing for the business and if the customer thinks they're getting value from the product then it's fine for them, too. But once there's competition and that margin starts to look more like a lever that Tesla Motors can use to change its market position, customers might see the other shoe drop.
unshavedyak 3y ago
I dunno, i think it smacks of overly priced items (homes, and apparently cars) being thought of as investments which must retain value. "We can't drop home prices because we'll lose money" some say, and now apparently it's happening on cars? Kinda feels like our own versions of "too big (expensive) to fail".
- deleted 3y ago
  [deleted]
- almost_usual 3y ago
  The cost of something is due to how rare it is. Tesla invests heavily into making its vehicle production process cheaper. Because of this Teslas will not keep pace with inflation and will likely depreciate more in the future. A house, especially in a desirable location is much more rare, it is hard to produce. Land is limited, getting permits is difficult, labor can be expensive. Houses have a better chance to keep pace with inflation which makes them more susceptible to being an investment.
- ASalazarMX 3y ago
  Homes I can understand as an investment, because well maintained, they depreciate slower than inflation. Brand new cars depreciate instantly as soon as you drive them out of the dealership, and with each driven mile you put in them.
  - panarky 3y ago
    > Brand new cars depreciate instantly >>> Elon derangement syndrome The Tesla CEO promised that Teslas wouldn't depreciate like other cars do. He promised that they would not only hold their value, they would increase in value over time. He promised that they would be assets, earning income for their owners. He stated that an owner could expect $30,000 in income per year from their Tesla acting as a robotaxi for hire while not being driven by its owner. Perhaps it's "derangement" to take the CEO at his word.
    - aydyn 3y ago
      Oh 100%. You are an idiot for believing a car would appreciate or taking wild speculation as a future fact.
GreedClarifies 3y ago
"This definitely smacks of Elon derangement syndrome." Exactly. The author is big sads that polices at their beloved Twitter changed and they will do anything in their very limited power to strike back. Yawn.
darth_avocado 3y ago
This article fails to mention that there was a brief period from 2021-2022 where ALL cars were priced way higher because of the supply chain woes. Tesla was very transparent about it and other carmakers were not. Model 3 long range was pushing 70k in California at one point. But at the same time, dealerships were selling Mazdas for 50k. Yes those people who bought at the peak will see extreme depreciation, but that is for all the cars. Funnily, that was also a time when a buddy of mine ended up selling his 2019 model 3 for a 8k profit because cars were that expensive.
llm_nerd 3y ago
There is nothing "weird" about the article. Author notes that people who bought Teslas last year have seen a rapid depreciation because of price cuts. No reason for people to get up in arms. For people who bought a Tesla and saw rapid depreciation it truly does suck. For people who haven't but are thinking of buying a Tesla, well good for them. They get to buy it at a discount. I'm in neither camp so the story gets a yawn from me, but I can see how there are actually people in both of the other camps, with varied responses to the cuts. The incantation of "[something] derangement syndrome", along with the misplaced attempts at [sic], makes this a pretty tenuous critique and kind of undermine your point. It makes you look oddly defensive of the world's richest man. This discussion is almost entirely filled with "Leave Elon alone!" type rhetoric, which is actually "extremely weird". I cannot fathom the sort of derangement that motivates one to do that.
- aydyn 3y ago
  Projection for sure. Sic is correctly used when it quotes an “odd or erroneous” phrase (Oxford English Dictionary). In context those quotes are extraordinarily odd. They are both too flippant for a serious article and do not follow logically anyway. Pointing out faulty logic has nothing to do with stanning Elon.
  - llm_nerd 3y ago
    What "projection" [sic]? Humour me. This should be a treat. For that matter, what is the "faulty logic" [sic]? People who bought Teslas and saw the value of their purchase drop are pissed. People who haven't bought a Tesla aren't and probably don't even care about this story. People who might be looking to buy a Tesla would be delighted. Outside of those groups, who cares? I mean, you seem to really care that someone pointed out the first group, and it's weird. And no, putting "sic" on comments because you think they are "odd" [sic] is an attempt at noisy pedantry. It is trying, in this case in futility, to deride the speaker. It's something people only do when they're really passionate about a subject so they desperately attempt to dismiss opponents as if they're unlearned and dumb. You'll get upvotes from the incredibly strange Musk stooges, but everyone else groans.
bee_rider 3y ago
Elon derangement syndrome is a bit different from other reality bubble symptoms, in the sense that he had a unreasonably good reputation ~5 years ago, and so the symptoms can also be seen when people switch to the correct interpretation of his statements. There is no world in which reasonably skeptical people believe: > “I think the most profound thing is that if you buy a Tesla today, I believe you are buying an appreciating asset, not a depreciating asset.”

by aydyn 3y ago

WaxProlix 3y ago

I think you could frame the complaint along the lines of Tesla making historically large profit margins on their vehicles. This is a good thing for the business and if the customer thinks they're getting value from the product then it's fine for them, too. But once there's competition and that margin starts to look more like a lever that Tesla Motors can use to change its market position, customers might see the other shoe drop.

unshavedyak 3y ago

I dunno, i think it smacks of overly priced items (homes, and apparently cars) being thought of as investments which must retain value. "We can't drop home prices because we'll lose money" some say, and now apparently it's happening on cars? Kinda feels like our own versions of "too big (expensive) to fail".

deleted 3y ago
[deleted]
almost_usual 3y ago
The cost of something is due to how rare it is. Tesla invests heavily into making its vehicle production process cheaper. Because of this Teslas will not keep pace with inflation and will likely depreciate more in the future. A house, especially in a desirable location is much more rare, it is hard to produce. Land is limited, getting permits is difficult, labor can be expensive. Houses have a better chance to keep pace with inflation which makes them more susceptible to being an investment.
ASalazarMX 3y ago
Homes I can understand as an investment, because well maintained, they depreciate slower than inflation. Brand new cars depreciate instantly as soon as you drive them out of the dealership, and with each driven mile you put in them.
- panarky 3y ago
  > Brand new cars depreciate instantly >>> Elon derangement syndrome The Tesla CEO promised that Teslas wouldn't depreciate like other cars do. He promised that they would not only hold their value, they would increase in value over time. He promised that they would be assets, earning income for their owners. He stated that an owner could expect $30,000 in income per year from their Tesla acting as a robotaxi for hire while not being driven by its owner. Perhaps it's "derangement" to take the CEO at his word.
  - aydyn 3y ago
    Oh 100%. You are an idiot for believing a car would appreciate or taking wild speculation as a future fact.

GreedClarifies 3y ago

"This definitely smacks of Elon derangement syndrome." Exactly. The author is big sads that polices at their beloved Twitter changed and they will do anything in their very limited power to strike back. Yawn.

darth_avocado 3y ago

This article fails to mention that there was a brief period from 2021-2022 where ALL cars were priced way higher because of the supply chain woes. Tesla was very transparent about it and other carmakers were not. Model 3 long range was pushing 70k in California at one point. But at the same time, dealerships were selling Mazdas for 50k. Yes those people who bought at the peak will see extreme depreciation, but that is for all the cars. Funnily, that was also a time when a buddy of mine ended up selling his 2019 model 3 for a 8k profit because cars were that expensive.

llm_nerd 3y ago

There is nothing "weird" about the article. Author notes that people who bought Teslas last year have seen a rapid depreciation because of price cuts. No reason for people to get up in arms. For people who bought a Tesla and saw rapid depreciation it truly does suck. For people who haven't but are thinking of buying a Tesla, well good for them. They get to buy it at a discount. I'm in neither camp so the story gets a yawn from me, but I can see how there are actually people in both of the other camps, with varied responses to the cuts. The incantation of "[something] derangement syndrome", along with the misplaced attempts at [sic], makes this a pretty tenuous critique and kind of undermine your point. It makes you look oddly defensive of the world's richest man. This discussion is almost entirely filled with "Leave Elon alone!" type rhetoric, which is actually "extremely weird". I cannot fathom the sort of derangement that motivates one to do that.

aydyn 3y ago
Projection for sure. Sic is correctly used when it quotes an “odd or erroneous” phrase (Oxford English Dictionary). In context those quotes are extraordinarily odd. They are both too flippant for a serious article and do not follow logically anyway. Pointing out faulty logic has nothing to do with stanning Elon.
- llm_nerd 3y ago
  What "projection" [sic]? Humour me. This should be a treat. For that matter, what is the "faulty logic" [sic]? People who bought Teslas and saw the value of their purchase drop are pissed. People who haven't bought a Tesla aren't and probably don't even care about this story. People who might be looking to buy a Tesla would be delighted. Outside of those groups, who cares? I mean, you seem to really care that someone pointed out the first group, and it's weird. And no, putting "sic" on comments because you think they are "odd" [sic] is an attempt at noisy pedantry. It is trying, in this case in futility, to deride the speaker. It's something people only do when they're really passionate about a subject so they desperately attempt to dismiss opponents as if they're unlearned and dumb. You'll get upvotes from the incredibly strange Musk stooges, but everyone else groans.

bee_rider 3y ago

Elon derangement syndrome is a bit different from other reality bubble symptoms, in the sense that he had a unreasonably good reputation ~5 years ago, and so the symptoms can also be seen when people switch to the correct interpretation of his statements. There is no world in which reasonably skeptical people believe: > “I think the most profound thing is that if you buy a Tesla today, I believe you are buying an appreciating asset, not a depreciating asset.”