I so glad I never fell for fElon's bullshit. There were times long ago I considered a tesla for every good reason. But fElon's bullshitty things always made me stop. Glad to have held out!
The resale value will be for scrap when Tesla goes bankrupt, shuts down the dealers and factories then sells off the remaining intellectual property to cover debts. You will not be able to get any replacement parts to repair it when it breaks - and you will also not be able to make parts yourself because these vehicles are famously more computers than cars.
Just did a geico quote to check it out. Roughly $10k/year for insurance.Auto Insurance $863.15 Due Today + 5 payments of $863.55 6 Mo. Premium: $5,180.92
Seems about right. Wife and I spend about $2k a year insuring two vehicles. Granted that's hybrids around $40k each new with available and affordable parts. Just about every safety feature you can get too. Actually cheaper to insure than our previous vehicles that were both ~10 years old.
I wonder what its like inside the Tesla boardroom right now? Musk is just the figurehead, the people actually running the company must be pulling their hair out. Sure the only reason the stock was so high was because of Musk, and it's still massively overvalued for a car company even after the pullback... but now this. This is real stuff. There must be a middle tier of investors who have lost millions in paper value and are cursing Musk's name all day every day.
I couldn't find any news coverage of this so it's impossible to verify any of it. All the issues Tesla has always had with repairs, they're very expensive and parts take forever to get, plus the vandalism now that he's gone full blown Nazi it does make sense that they would become uninsurable. Tesla started their own insurance a while back because even their cars were difficult to get insured at one point.
Only people who can still safely own Muskrat's deploreans are those living in gated communities in fully Repugnican supporting regions like Florida, where other people are either too ignorant about social issues or too scared for their own reputation to act in making an appropriate statement. Anywhere civilized, a cyberdumpster would have some enthusiastic amateur art on it, if it has not already caught itself on flames. No surprise they would not be covered by insurance
I'm also thinking that since the pedestrian crash rating is low on the Wankpanzer (literally can't be sold in Europe due to how dangerous it is) that in a for profit healthcare country like the USA, payouts would be through the roof for even minor accidents
If there's one thing insurance companies hate doing, it's paying out for claims. SoI don't even consider it a question that they're jacking up prices now that it's even more popular to fuck teslas up.
I know they were already uninsurable from the start in some places, and others very expensive or difficult to insure. There were complaints on the tesla subreddit iirc that some owners simply could not find a carrier. I have no idea if the info in OP about the owners "racing to offload" them is true though, or if the uninsurability (new word yo) is actually getting worse
Yes, some states only recognize them as out of state vehicles (because they are EV's), and for a long time they could ONLY be sold when transiting state lines or the seller would violate dealership laws. It is almost 5k a year to insure one, with an expected 25-50% increase from the dealership insurance this month, which would make it the 2nd most expensive brand to insure.
I don't know why you would need to verify it at all. It's just an anecdote. This is a supposed salesman being quoted as to saying that teslas come into the used market in troves, while retelling that a user claimed his reason for selling was that he would sell before they become uninsurable. This is a quote from a SINGLE person, evidenced by only ONE set of quotation marks. Not a word about teslas being uninsurable in the "article"
They have trouble paying the cost- Consumer Reports rank Tesla 14th of 30 brands for reliability which is below average. Data shows Tesla models require more repairs than average.
I work in an insurance office and we've had several clients cancel their Tesla insurance with us (which isn't any more expensive than any other luxury brand) and switch to Tesla's in-house insurance because it's cheaper.
They're already dropped from private insurance in NY, which means all NY Cyberdumpsters must be on the expensive state insurance plan for uninsurable drivers
I believe it's a parody of a very niche Christian youth thing where popular fictional characters are drawn praying accompanied by some Bible verse. I've seen a handful of unironic ones out in the wild before. Whether this is a copy or imitation I can't say.
If it is copying it for parody, the intent is likely to highlight this very absurdity you mentioned.
Which kind of makes sense when dealing with the kind of power they have. It's like everyone is carrying around a nuke. A slap on the wrist isn't really fitting when the power is misused. The risk is just too high for that.
It still blows my mind that Wanda is a cradle robber. Cosmo is SOOO much younger than her. I just assumed they were the same age but fairies are just built different
Even if the stock price dropped to 12 elon would still have 80 billion in stocks. I mean its a fuckload better than 300 billion but he isnt going away if tesla dies. And he would get removed from the tesla board long before it got to 80 points. It only dropped 7 points yesterday down to 236. Gonna take a long time at the current rate. Im glad he lost half his "wealth" so far. But i do not think he cares.
I think he cares a great deal, but I don't expect him to learn the correct lesson from it. He'll just say "something something woke mind virus" and double down on his bullshit.
Didn't he use his tesla stock price as collateral for buying twitter? If the stock drops enough then the loans he took out are useless, and the bank will ruin him
Apparently it was only 13 billion leveraged from the bank and he has paid off some and perhaps all of that already. But yeah twitter was what 40 billion and now worth 9 billion tops. So if stock prices drop to 120 and say he owes 30 billion he would still have 18 billion from tesla alone. #taxtherich is the only solution . A wealth tax is the only way this gets better for any of us. He is just 1 of the billionaires that control 80% of ALL wealth and each year they collect and buy more assets.
Oh and of course the other way is if tesla sales drop by a certain amount ... maybe 40% maybe 60% then Tesla will be forced to get rid of Musk. Mind you I still would not buy a Tesla due to their shitty safety record and worse their ant right to repair stance with regard to making parts available which are not marked up 100%. If they changed that I would think about it again.
The theory is that the margin call will happen at 114. I.e. his lenders will not be happy that their collateral (his Tessler stock) has been devalued. I doubt it happens even below $114. The whole inside is computer!
I don't think it's supposed to actually be convincing, but either a joke or trying to distance themselves from musk in a more meek way than those "bought it before we knew" stickers.
Look it's 2025 and there are still people realizing Trump might not be a very good person. Are they late? Absolutely. But i'd rather be somewhat open to late realizations than outright rejecting them and likely having them return to the red hat cult.
Well, sure. But there's a big difference between generic corporate bullshit, for example VW execs skirting diesel regulation, and wanting to dismantle the entire government.
Before he was just some rich kid that threw money at things to put his name on and act all cool. Now he's clear danger to society in general.
I gotta think the ones who thought they were buying an environmentally friendly vehicle five years ago would at least get the joke if it was pointed out.
Don't misunderstand, I don't believe all Tesla owners are Nazis. I think _recent_ Tesla owners would need the joke explained, and would still not get the irony, believing that their personal situation is different and deserves exemption.
I blew my mom's mind when I told her the exact people who would rant and rave against Trans people are the same people who would add testicles to their truck that wasn't born with them.
thisisnotfineffs
Ionico
I so glad I never fell for fElon's bullshit. There were times long ago I considered a tesla for every good reason. But fElon's bullshitty things always made me stop. Glad to have held out!
PraiseAzathoth
HypnagogicHallucinations
baldbear
Vidikron
I love that for them.
Trankia12
truthputer
The resale value will be for scrap when Tesla goes bankrupt, shuts down the dealers and factories then sells off the remaining intellectual property to cover debts. You will not be able to get any replacement parts to repair it when it breaks - and you will also not be able to make parts yourself because these vehicles are famously more computers than cars.
baldbear
Maybe you could wire it up with an Apple smartphahahahaha-ahahahahahaha...sorry, just had to.
robingal1
They're not upset it's a stupid car, or that Musk is a Nazi; They're worried about insurance.
Thresholdpush
Delicious. Fucking delicious.
Lurch1911
Sennox
Stop doubting this! What do you think is the reason Trump won? Cause His suckers believed, so BELIEVE!
Az663
https://www.youtube.com/watch?v=-5IgGfmGNdg
Eidodk
If they're uninsurable, then it's not just a collapse of the resale market, it's a collapse of the whole brand since you can't drive around uninsured.
MightyZephyr
baldbear
Always. Whenever possible. No need to hide it. Get them while you can. Just do it.
ironymus
If I were Rivian, I'd sue this guy for diffamation. Such an ugly thing was never built by Rivian!
Lassannn
64marc
New law coming out , preexisting conditions for car insurance. Lol
meowingintensifies
lmao. good.
FlyingButtPliers
Just did a geico quote to check it out. Roughly $10k/year for insurance.Auto Insurance
$863.15 Due Today
+ 5 payments of $863.55
6 Mo. Premium: $5,180.92
Gibleteousjack
Seems about right. Wife and I spend about $2k a year insuring two vehicles. Granted that's hybrids around $40k each new with available and affordable parts. Just about every safety feature you can get too. Actually cheaper to insure than our previous vehicles that were both ~10 years old.
FlyingButtPliers
That was using the cheapest option at every choice.
YouMayFindThisMildlyInteresting
All of this hurts resale value, and poor resale values drive up the cost of leasing, which further dents their sales. A virtuous cycle.
NotFromFlorida
Sounds nice but I’ll believe it when I see it happening
WardSharlow
There's a guy on reddit tracking the number of teslas for sale on the various used car websites. There's been a significant uptick in inventory.
Teledabby
can we now do the same like here? https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co. ".. in the interests of its shareholders, .." and kick musk ou?
ironymus
That's the first time shareholders could be doing something useful besides being just leeches of the world's economy.
lifeisadadjoke
Tesler...it's computers and everything
ImYourWifesBoyfriend
mondomar
Love the reference
Az663
Whatdoyousaytoanicecupoftea
The pig owner, his foes vanished
Az663
Whatdoyousaytoanicecupoftea
Oh...hang on. Was vinnie in that film?
Gorglax9
Telemapus
I wonder what its like inside the Tesla boardroom right now? Musk is just the figurehead, the people actually running the company must be pulling their hair out. Sure the only reason the stock was so high was because of Musk, and it's still massively overvalued for a car company even after the pullback... but now this. This is real stuff. There must be a middle tier of investors who have lost millions in paper value and are cursing Musk's name all day every day.
zeacorzeppelin10
kaliedoscopicfrenzy
Yoink
kaliedoscopicfrenzy
DJThuglifeSupreme
smallteam
RandomStuffsandThings
I couldn't find any news coverage of this so it's impossible to verify any of it. All the issues Tesla has always had with repairs, they're very expensive and parts take forever to get, plus the vandalism now that he's gone full blown Nazi it does make sense that they would become uninsurable. Tesla started their own insurance a while back because even their cars were difficult to get insured at one point.
HoldingAccount
Facts don't need to spoil a good story on this side of the fence either! People believe in what they want to believe in.
spookyfckr
MySushi
Only people who can still safely own Muskrat's deploreans are those living in gated communities in fully Repugnican supporting regions like Florida, where other people are either too ignorant about social issues or too scared for their own reputation to act in making an appropriate statement. Anywhere civilized, a cyberdumpster would have some enthusiastic amateur art on it, if it has not already caught itself on flames. No surprise they would not be covered by insurance
Hexidimentional
you already cant insure the cybertruck in the state of new york
NacLac
Not to mention that they haven't been heavily tested by safety groups and killed many.
GlenL
I'm also thinking that since the pedestrian crash rating is low on the Wankpanzer (literally can't be sold in Europe due to how dangerous it is) that in a for profit healthcare country like the USA, payouts would be through the roof for even minor accidents
OnomatopoeicOnanisma
Indeed, all I could find was this https://insideevs.com/news/753730/tesla-insurance-vandalism-elon-musk/ (higher premiums not banned)
Reddit, but I saw a guy asking same question and he said after brokerage only a few did not have ridiculous premiums.
nemesisx00
If there's one thing insurance companies hate doing, it's paying out for claims. SoI don't even consider it a question that they're jacking up prices now that it's even more popular to fuck teslas up.
Feralkyn
I know they were already uninsurable from the start in some places, and others very expensive or difficult to insure. There were complaints on the tesla subreddit iirc that some owners simply could not find a carrier. I have no idea if the info in OP about the owners "racing to offload" them is true though, or if the uninsurability (new word yo) is actually getting worse
SirenBrick
Yes, some states only recognize them as out of state vehicles (because they are EV's), and for a long time they could ONLY be sold when transiting state lines or the seller would violate dealership laws. It is almost 5k a year to insure one, with an expected 25-50% increase from the dealership insurance this month, which would make it the 2nd most expensive brand to insure.
Eidodk
I don't know why you would need to verify it at all. It's just an anecdote. This is a supposed salesman being quoted as to saying that teslas come into the used market in troves, while retelling that a user claimed his reason for selling was that he would sell before they become uninsurable. This is a quote from a SINGLE person, evidenced by only ONE set of quotation marks. Not a word about teslas being uninsurable in the "article"
hetnkik999
Tesla offers their own insurance so I don't see how Tesla owners would ever have trouble being covered.
hetnkik999
EDIT: I live in California and I've been made aware Tesla insurance isn't available in every state.
hetnkik999
Ah yes, the ol' "downvoted for facts I don't like" routine.
https://www.tesla.com/insurance
ActualLazyEnhancedXenos
Tesla insurance isn't in every state. Here's where it's available.
hetnkik999
Oh, okay. That's a valid reason. Thank you.
ActualLazyEnhancedXenos
No worries! I didn't down vote you, but I upvoted your comments here to even it back out a bit.
sundaymondayhippyday
They have trouble paying the cost- Consumer Reports rank Tesla 14th of 30 brands for reliability which is below average. Data shows Tesla models require more repairs than average.
hetnkik999
I work in an insurance office and we've had several clients cancel their Tesla insurance with us (which isn't any more expensive than any other luxury brand) and switch to Tesla's in-house insurance because it's cheaper.
hetnkik999
EDIT: I live in California and I've been made aware Tesla insurance isn't available in every state.
STPepper9
So Tesla is the action park of car companies? Who would have thunk it?
jadams999
My Y was insured easily. Comparable rates to other cars. Got quotes from a few of the major insurance retailers. No issue
newsguycraigevans
notmyrealface
Not just funny but it would be some form of justice since our leaders seem to think everything is normal and nobody needs punished.
firlefranz
Fynndango
I work in commercial automotive. It's happening. We are getting more Tesla trade-ins every single week.
BojanglesTheFlyingCar
How are you guys planning on offloading them
Fynndango
Shipping them to auction
CausticCake
They're already dropped from private insurance in NY, which means all NY Cyberdumpsters must be on the expensive state insurance plan for uninsurable drivers
wisher1977
Az663
sundaymondayhippyday
Okay another thing I don’t understand… huh?
And thank you.
Az663
It's a quote from an old song, "Ameno". :)
GravyEducation
Every time I see this I wonder why Timmy Turner is praying when he could just ask his fairy godparents
Arbitrarynamehere
I believe it's a parody of a very niche Christian youth thing where popular fictional characters are drawn praying accompanied by some Bible verse. I've seen a handful of unironic ones out in the wild before. Whether this is a copy or imitation I can't say.
If it is copying it for parody, the intent is likely to highlight this very absurdity you mentioned.
LordofSadFace
Da Rules
MeeseOnABeam
i wanna know the ruling on wishing the divine into existence, can i just wish for hercules to be real and make him carry my groceries indoors?
Targe0
Every time he does that, things turn out poorly for him, so maybe he's trying to outsource this one.
Colopty
rowm
Just because there are faries doesn’t mean there is no god, they are limited in their power, no?
GravyEducation
https://fairlyoddparents.fandom.com/wiki/Da_Rules "no wishing for an electric car" pfffff
prosper020
It’s actually there, with one rule separating it from ‘“No Tom Cruise”’
PosthumousExile
Technically not. They are cock blocked by laws, not ability from what I gather
GravyEducation
And it's a fuck up once and you're done kinda thing
Targe0
Which kind of makes sense when dealing with the kind of power they have. It's like everyone is carrying around a nuke. A slap on the wrist isn't really fitting when the power is misused. The risk is just too high for that.
Milkarius
In the movie they did some "illegal" wishes so they aren't limited in power, but by law.
8fbgvtm5a8360
This
Az663
'Cos they're insane. :D
GravyEducation
PosthumousExile
It still blows my mind that Wanda is a cradle robber. Cosmo is SOOO much younger than her. I just assumed they were the same age but fairies are just built different
Magnar1183
How much of an age gap? Did they ever say? Lol
JohnSmithterms
Even if the stock price dropped to 12 elon would still have 80 billion in stocks. I mean its a fuckload better than 300 billion but he isnt going away if tesla dies. And he would get removed from the tesla board long before it got to 80 points. It only dropped 7 points yesterday down to 236. Gonna take a long time at the current rate. Im glad he lost half his "wealth" so far. But i do not think he cares.
InternetAnonymityplz
I think he cares a great deal, but I don't expect him to learn the correct lesson from it. He'll just say "something something woke mind virus" and double down on his bullshit.
keoghberry
Didn't he use his tesla stock price as collateral for buying twitter? If the stock drops enough then the loans he took out are useless, and the bank will ruin him
JohnSmithterms
Apparently it was only 13 billion leveraged from the bank and he has paid off some and perhaps all of that already. But yeah twitter was what 40 billion and now worth 9 billion tops. So if stock prices drop to 120 and say he owes 30 billion he would still have 18 billion from tesla alone. #taxtherich is the only solution . A wealth tax is the only way this gets better for any of us. He is just 1 of the billionaires that control 80% of ALL wealth and each year they collect and buy more assets.
JohnSmithterms
Oh and of course the other way is if tesla sales drop by a certain amount ... maybe 40% maybe 60% then Tesla will be forced to get rid of Musk. Mind you I still would not buy a Tesla due to their shitty safety record and worse their ant right to repair stance with regard to making parts available which are not marked up 100%. If they changed that I would think about it again.
OlofBorrbrottsson
Think positive, the added stress of losing billions just might be the final nudge towards him overdosing.
SpectralSpider
Honestly, that's a nice thought.
JohnSmithterms
I meat 120 ... not 12
JohnSmithterms
Meant * ... morherfucking autocorrect 😑
SometimesAlwaysStuckAsDungeonMaster
*pat pat*
JohnSmithterms
"Accepts head pats graciously" -
AngurProne
Yes, and. We're shooting for $114. That's when the banks are "obligated" to margin call. I smell a bank bailout!
ArchMagos
Iirc, it has to do with him using his tesla stocks as collateral for the loan he took to purchase twitter
cosonfused
Why 114 specifically? Isn't 144 still high?
AngurProne
The theory is that the margin call will happen at 114. I.e. his lenders will not be happy that their collateral (his Tessler stock) has been devalued. I doubt it happens even below $114. The whole inside is computer!
slotheroll
BenderSaysNeat
Yoink
Az663
TheSuperSquirrel
Krashtestdummy
sundaymondayhippyday
I love the blonde in the background, it’s so perfectly an 80’s opening Theme-Song Scene
BenderSaysNeat
Yoink
DrSharkbite
gonzar09
Selekta
SuperGeniusPS
Crispy4Skin
That guy upside down always still cracks me up
StarSumiaki
They're putting other vehicle branding on *cybertrucks*? Amazing... ... I don't want to meet the people gullible enough to be fooled by that
Zixtank
I'd love to see any idiot dumb enough to not realize what car it is from the looks alpne.
MaddogDelphi1997
They're not fooled but they might give the poor Cyber Truck owner some slack.
BDLongshanks
You already have, they call themselves MAGAts
notabotandnotnotabot
I don't think they are trying to fool anyone about what it is, just show that they don't support Tesla.
mali321
I do. I've got an Eiffel tower I'd like to sell them
AwesomeBorderCollies
Saw a Model 3 with Tesla emblems removed and a sticker: I identify as a Honda.
JusticePhrall
It works on Tesla Model Audis and Civics anyway
pixelsnader
I don't think it's supposed to actually be convincing, but either a joke or trying to distance themselves from musk in a more meek way than those "bought it before we knew" stickers.
spookyactionatadistance
It's a Cybertruck. It's a model that became available in 2024. If you bought a model 3 sure, benefit of the doubt but a Cybertruck
pixelsnader
Look it's 2025 and there are still people realizing Trump might not be a very good person. Are they late? Absolutely. But i'd rather be somewhat open to late realizations than outright rejecting them and likely having them return to the red hat cult.
smallteam
> those "bought it before we knew" stickers
To be fair, it's been known that Elon has been a bullshitter for decades.
pixelsnader
Well, sure. But there's a big difference between generic corporate bullshit, for example VW execs skirting diesel regulation, and wanting to dismantle the entire government.
Before he was just some rich kid that threw money at things to put his name on and act all cool. Now he's clear danger to society in general.
smallteam
TheJuiceLoosener
Who would do that to a Tesler?!
skibbyAU
It’s computer!
JRaven419
LunarEntropy
The whole thing is!
AsidRayne1245
To be fair, if you bought a cybertruck to begin with, you don't really think things through in general, I'd be willing to bet.
justfiguredoutimc4azyanddumbb
Remember what honda did to the rodeo? What Nissan did to the ranger?
Courier87
So they owners are saying they want to change the name and have it be recognised as something different to how it was created. Interesting...
RAJrios
LOOL too bad they would never get the irony.
LtRooney
I gotta think the ones who thought they were buying an environmentally friendly vehicle five years ago would at least get the joke if it was pointed out.
RAJrios
Don't misunderstand, I don't believe all Tesla owners are Nazis. I think _recent_ Tesla owners would need the joke explained, and would still not get the irony, believing that their personal situation is different and deserves exemption.
Nofoxlefttogive
❤️❤️❤️❤️❤️❤️
[deleted]
[deleted]
KirbyUOR
I blew my mom's mind when I told her the exact people who would rant and rave against Trans people are the same people who would add testicles to their truck that wasn't born with them.
sundaymondayhippyday
I love you~ you are a gem!
Multipew
Over here at least it's only a small minority of people that even know what a cybertruck is.
broccolismoke
I do, they owe me money
ReaperCDN
OH MY GOD! A GENUINE DODGE TORSLA!
tp0d
ITS GERT A HERMI!
pixelsnader
TESLUR*
mebe21
Everything is computer!
micuu
Wow, a FERD EFFTEEN-HUNDRED in the wild! An amazing find!
Hammertulski
Parked right next to a Subayota Camerus SP. Uncanny.
TheDreadPirateMontoya
Right behind a Chevro-Lie Camarfaux.
Dannyalcatraz
DOGE TORSLA
NotSomoneElse68
DOGE TESTICULAR TORTION
sundaymondayhippyday
Santorrr
Accurate
welluhwhatdoyouwantmetosay
Cybertrucks are harder than the other models.
lozeldatkm
I'm assuming that's not really a Mazda? Idfk what I'm looking at, so I'm just basing on context...
AlwaysDownvoteDots
A Tesla
JusticePhrall
NotSomoneElse68
Are these Teslas kitted to look like other cars? I'm guessing so from your comments, but I'm not up on things.
Z0op
Yea, and ovviously it works for the most part. Doing it on a cybertruck tho..
cytherians
That's pretty clever. I mean... the tail end isn't much different from some Mazda models.
PosthumousExile
This would fool me since I don't know the breeds of cars
mattrixk
Car genres aren't really my strong suit
keraos
I love referring to 'breeds' of cars. It makes me think of someone studding their classic Corvette out to make a new generation of little cars.
AntaNce
What does a Corvette need to stud in order to breed a Calico Car? Are all Calico cars female?
sundaymondayhippyday
I would watch that film
beez428
I'm gonna say it's for the lulz & not actually meant to fool anyone. But I was wrong once back in '96, so who knows
ventikona
That’s what I think too. Like when I had a hemi decal on my 4-cylinder Kia Sportage.
Az663
What happened back then? :>
astrangehop
He thought he had made a mistake.
TheDreadPirateMontoya
Turns out, he was wrong.
DukeSamuelVimes
Then he must certainly did make a mistake.