Should be a stern warning to all Trump's current collaborators. When the earthquake wanes, mind the aftershocks. You will be so hated that you'd have no place to hide. An earlier post [ https://lebanoniznogood.blogspot.com/2025/08/facing-2026-tsunami-trump-slaves-look.html ] details what awaits the minions after the Pharaoh moves on, which he is saying he won't do.
Elon: People don't want your Teslas, even used. Some of it is because of incompetence and low quality, but by far it is because of you. They hate your cars because of you.
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New report reveals stunning trend in used Tesla vehicle prices: 'Quite exceptional'
Mike Taylor
Sun, August 24, 2025
New report reveals stunning trend in used Tesla vehicle prices: 'Quite exceptional'
Used Tesla prices continue to tumble, and they just crossed a new threshold.
What's happening?
For the first time, a used Tesla is cheaper than the average used vehicle on CarGurus, according to Electrek, which called the news "nuts."
The average Tesla now costs $27,814, while CarGurus typical price across all brands is $28,039.
The cost of a used Cybertruck has dropped the most over the last year: 30.4% to $83,963. The Model S is down 22.6% to $26,534, the Model X is down 16.8% to $37,747, and the Model Y is down 12% to $29,216. The most affordable offering is the Model 3, which is down 8% to $23,318.
"The fact that its average used car sale price would dip below the industry average, which includes inexpensive mass-market vehicles, is quite exceptional," Electrek reported, noting used Tesla prices are down 4.6% year over year, while the market is up 1.2%.
Why is this important?
"It's proof that the Tesla brand has taken a massive reputational hit and there's no clear recovery in sight," Electrek stated.
CEO Elon Musk's political activities in the United States and Germany have been widely blamed for Tesla's issues this year, which include falling demand and stock struggles. Especially in Europe, deliveries have spiraled. The company has also had problems with its vehicles and is under investigation by the American government.
Its robotaxi rollout has been rough, and the company could soon prioritize humanoid robots. If the EV pioneer makes such a move, it could slow the adoption of these money-saving and pollution-reducing automobiles.
"Although the brand has taken a significant hit over the last year, Tesla is still regarded as a premium brand in the industry," per Electrek. "The fact that its average used car sale price would dip below the industry average, which includes inexpensive mass-market vehicles, is quite exceptional."
What's being done about the price of used Teslas?
Commenters discussed why the price of a used Tesla continues to plummet.
"With new vehicle retail sales slowing, I've seen a lot of evidence Tesla has been dumping new inventory into the low-cost agency fleets that specialize in weekly and monthly rentals to Uber and Lyft drivers," one said. "Those vehicles lead a hard life and when they hit Mannheim Auctions, their residuals are poor, driving down used values across the board."
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Elon Musk Just Suffered a Humiliating Defeat in China
So far, 2025 hasn't exactly been a year of resounding success for centibillionaire Elon Musk's AI efforts.
The richest man on earth has struggled to get xAI's Grok off the ground, with setbacks taking the form of privacy scandals, misinformation controversies, not to mention a highly-public white supremacy episode.
And now, more than a month after Musk promised to roll Grok out to Teslas "next week," it turns out a Chinese AI model will be taking the chatbot's place.
According to Bloomberg, Tesla's Chinese division is planning to introduce in-car voice assistance via DeepSeek and Bytedance's AI models at some point in the near future.
Essentially, the voice-controlled software will let drivers utilize amenities like navigation apps and climate control hands-free. Bytedance's Doubao, the company's flagship large language model (LLM) chatbot, will process user voice commands, while DeepSeek will handle "AI interaction," Bloomberg reported.
It's not clear why Grok wasn't chosen for this honor, given the staggering amount of money Musk is pouring into xAI. The foul-mouthed chatbot began trickling out to US-based Teslas in the last month, with mixed results.
Bloomberg, though, speculates that the western company could have hit some legal hurdles involved with integrating American tech into Chinese cars.
Other theories abound, like that Chinese consumers simply have no interest in Grok, despite its availability, unlike other US AI models — at least not compared to DeepSeek, which has become a symbol of national pride for the People's Republic since its open-source V3 model shocked the world earlier this year.
Known as the "low-cost equivalent" to heftier AI models developed in the US, DeepSeek recently released its impressive V3.1 model, which is said to score only slightly lower than Grok 4 on intelligence tests, and at one twelfth the cost.
There's also the question of perception, with Musk's empire in China rapidly crumbling over the past year; even the US government-funded Voice of America reported earlier this year that Chinese netizens were "not impressed" with previous versions of Grok.
DeepSeek, meanwhile, has inked deals with two dozen Chinese automakers, including the Tesla-killer BYD, to install its software in new vehicles.
"While many recognize DeepSeek’s achievements, this represents just the beginning of China’s AI innovation wave," Louis Liang, an AI investor told Bloomberg of the previous deals. "We are witnessing the advent of AI mass adoption — this goes beyond national competition."
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