If you look around you’ll see a lot of similar price drops. $11,000! Overnight! That’s a big drop considering the car was only discounted $2,000 over the course of the prior month. and they show this Tesla Model Y in Lafayette dropping from $55,998 on January 13th (pre price-drop) to $44,998 in a day. It’s not easy to tell on CarMax’s website when they discount a car, but Edmunds tracks it for you. In searching around it seems a little uneven, but here’s a good example: What’s happening? For one, CarMax is heavily discounting Teslas. That’s a drop of a little over 69% in a few days. As of this morning, when I checked, there were about 210 (you can check for yourself here). Two days later, that inventory dropped to 301 Teslas. So, above he pointed out that CarMax had 696 Teslas in stock on January 13th. His analysis is mostly just tweeting out whatever bits of data he sees and reacting in these big pronouncements to get social engagement, but he hasn’t Milkshake Duck’d yet and he does find some interesting stuff so let’s roll with it. UPDATE: Carmax sold 57% of its ENTIRE Tesla inventory in the past 24 hours ? Īs I believe I’ve expressed before, I have some skepticism about and not just because he pays for a blue checkmark and tweets bullshit memes. But what of used cars? Used cars also qualify for incentives but they’ve got to be below $25k and sold by a dealer, so that rules out most used Teslas for sale right now.
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