this post was submitted on 16 Apr 2025
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Tesla Stock Price Reaches 'Death Cross' Status (gizmodo.com)
submitted 5 days ago by inclementimmigrant@lemmy.world to c/technology@lemmy.world
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[–] schizo@forum.uncomfortable.business 3 points 4 days ago

Americans tend to buy the most car they think they can afford.

Hell, Americans buy the most car they can finagle a loan for, independent of if they can or can't actually afford it.

It wouldn't be surprising to find that a good portion of Tesla buyers are stuck in the trap where they owe so much on it that there's no way they could afford the hit to replace it, because they can barely make their payments now.