Tesla Price Cuts Ignite Demand and Flip the Used EV Market

Tesla’s aggressive price cuts didn’t just boost new car sales they sent shockwaves through the entire electric vehicle market. Almost overnight, demand surged, used EV prices dropped, and buyers suddenly had more power than ever. In this video, we break down how Tesla’s price cuts ignited demand and completely flipped the used EV market, and what it means for buyers, sellers, and the future of electric cars.

Tesla Model 3

Okay, so first of all, the Model 3… man, it used to be this sorta premium thing, right? Now it’s like every other driveway has one. It’s the new Civic. Which is fine, I guess, but also weird. Especially now that the prices dropped so hard, people are panic-selling their used ones like “take it before it devalues again!” You can grab one new for maybe 40 grand now, which is insane because two years ago that’d barely get you a used one with scratched rims. Still love the minimalist interior though, even if it feels like driving an iPad.

Tesla Model Y

Ah, the “default” Tesla. Like the one you buy when you start a family but still wanna post on X about innovation. It’s everywhere. The shape’s kinda… blob-y, but practical. The price cuts hit this one hard — maybe 45k now? I actually saw a used one listed for cheaper than a Corolla. Just imagine that. A Tesla selling for Corolla money. Half the used-car lot owners are crying in their offices right now.

Tesla Model S

I remember when the Model S felt like the future. Now it’s like that cool older sibling who refuses to admit they’ve peaked. Still stupid fast though. Those Plaids do 0-60 in like two seconds which kinda makes your stomach briefly forget how to function. The new ones go for maybe 75, 80 grand now? Which makes old ones completely tank. I found a used one listed for like 28k… wild. Probably needs a new battery though and, well, that’s another small mortgage.

Tesla Model X

The Falcon doors, man. They look amazing until they don’t open cause there’s a low roof above. I saw this one lady in a parking lot trying to load groceries, and her doors got stuck halfway. Whole row of people just watching. Beautiful disaster. But it’s comfy though. Feels like a spaceship inside. New ones are, what, 80k plus? Yet I’ve seen older ones drop under 35k. That’s gotta hurt for anyone who bought it new.

Tesla Cybertruck

So, uh… this thing finally landed and already feels like a meme. It’s ridiculous, sharp, loud without making noise, if that even makes sense. Shiny stainless steel just waiting for fingerprints. Starting around 60k? Eh. People who preordered in 2019 probably don’t even remember they did. But now they’re flipping early ones for crazy used prices while everyone else is crying about depreciation.

Rivian R1T

I feel bad for Rivian, honestly. They make a damn good truck, but Tesla slashed prices and suddenly nobody wants to pay 80 grand for the “adventurer’s EV.” It’s got soul though. I sat in one once and it smelled like pine trees. No idea how. But the price thing flipped everything upside down — even used Rivians are now sitting in dealer lots longer. Makes zero sense.

Ford Mustang Mach-E

When Tesla dropped prices, the Mach-E’s resale basically imploded. Ford had to start cutting too. And not gonna lie, I kinda liked this car’s vibe — felt like a crossover trying really hard to be sporty, which is… charming? Maybe 38k now? I got in one once and the seats smelled brand-new like yoga mats. If that makes sense. Too techy for its own good though.

Hyundai Ioniq 5

Not Tesla, I know, but you have to mention it cause the price cuts messed with the whole used EV scene. Suddenly these were cheaper than ever and actually kinda cooler. Retro vibe, colors that look like candy. You can find one around 35k now. If I didn’t have student loans, I’d totally get one. Every Tesla owner at a charging station pretends not to stare at it.

Chevrolet Bolt EV

This little dude went from joke to legend real quick. People used to say “lol Bolt,” and now they’re like “wait you only paid 20 grand used?” The Tesla cuts trickled down here too somehow even affordable cars had to get cheaper to keep up. I think Chevy’s stopping production, right? Shame. The thing smells funny inside, like crayon plastic, but it’s honest transport.

BMW i4

You know what’s funny? You’d think BMW would be safe. But nope. Tesla’s cuts nuked their used values too. People bought i4s for like 60 grand and now they’re worth 40. Ouch. The interior reeks of luxury leather though, and the badge still fools people into thinking you spent more than you did. I’d buy one used now, actually. Pure flex at a discount.

Lucid Air

Oh man, this one’s wild. It’s like the quiet cousin at family gatherings who secretly has a billion dollars. Stunning car. But after Tesla’s move, even Lucid had to panic-rethink pricing. $70k for something that felt like $120k six months ago. I saw one up close once and the door handles confused me. So sleek it’s mildly inconvenient. But beautiful, in that fragile kind of way.