Mike7564
Member
Hmmm. Few issues with the logic here.1. I did lose money! When I bought my MYLR , I exchanged the same money for equivalent value. I did not underpay or use counterfeit money, but after the transaction, Tesla said that the product was not worth the money, so of course the extra money must be returned to me.
2. Car valuse $70k, milk or gas just cost dollars, you should be able to tell the difference between killing someone and yelling someone.
3. Commodity trading is an exchange of equivalent value. Since the previous transaction was reasonable, there is no reason to ask the prior customers to pay the extra when the price was increasing. now price cut just after I bought my MYLR in December, the value of my car has already dropped which shows that the previous transaction was unfair.
- you exchanged money for a commodity at a perceived reasonable value. Presumably you felt it was worth that price when you bought it, knowing there are unknown possibilities in the future. There is absolutely nothing inherent about the car which means it needs to be worth $70k. And Tesla didn’t promise that the price they were selling it for was some magical “inherent value”. Arguably given where the market value of a similarly featured EV sits currently as well as the fact that the price was over $10k less just a year earlier, the inflationary component of the price should be apparent.
- it seems you would also object to the fact that a new vehicle drops dramatically in value the moment it rolls off the dealer lot. Is the “value” truly thousands less with 5 miles on the car on the drive home? It’s only because of perceived/market price is less for a now “used car”
- based on your logic, why shouldn’t people who bought in Nov 22 demand Tesla sell them the car at the price from Jan 2022? Wasn’t that the “inherent value”?
Sorry it doesn’t feel good but you made a free market decision and purchased a car at a value you felt was reasonable at the time.
Technically you haven’t lost any more money than $70k unless you want to sell it and cash out, regardless of the current price.