The concern is whether Elon leading DOGE was the right move, as it seems to have triggered selling pressure—not just in Dogecoin, but potentially in Tesla stock and even Tesla cars. The bigger picture reveals a major decline in used EV prices, particularly for Teslas, which have been dropping sharply since 2022. Compared to gas-powered cars, EVs are now the more affordable option, but Tesla’s resale value has taken a hit, plummeting from around $70K two years ago to about $30K recently. In just a few months, resale values dropped from $33K to $30K, signaling ongoing depreciation.
https://linktr.ee/RobBlack.
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