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What’s the deal with existing inventory and used from Tesla prices?

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What’s the deal with used and current inventory pricing?

I guess I don’t understand, but with the recent price drops, why is a brand new factory X around the same price or cheaper than an existing inventory or even a used one (this was actually the cheapest one) from Tesla? Does it usually take some time for these prices to adjust or am I missing something? Made sure that neither the existing inventory nor the used had FSD. Plus the new has the tax rebate.
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