
Hey everyone, Dennis here from DennisCW! If you've been following my streams or videos, you know I love diving into Tesla deal hacking and spotting the best opportunities in the EV world. Today, based on the latest data and trends I covered in my recent stream, we're looking at why Tesla and EV prices are poised to crash this year – both new and used. There's a massive wave of supply hitting the market, fierce competition, and economic headwinds. If you're thinking about buying, selling, or holding, this is your heads-up.
One of the most eye-opening stats comes from value analyst reports: a tsunami of 1.1 million electric vehicles coming off lease soon – that's 20 times larger than the current used EV supply! Remember those ultra-cheap leases from a few years back ($99, $299, $499/month)? Those vehicles are now returning to manufacturers like Tesla, BMW, Kia, and flooding the used market.
This flood means:
We're already seeing 0-0.99% financing on new Teslas, but expect more incentives in Q2-Q4 to move inventory.
Pro Tip: If you're locking in 0% financing, use my Tesla referral link for 3 months of Full Self-Driving (FSD) free!
Check out CarGurus pricing trends – used Tesla values have skyrocketed over the past 3-6 months. What goes up must come down.
Tesla faces extra challenges:
Plus, the economy, wars, and the end of the $7,500 federal tax credit mean incentives galore ahead – think 0% APR + free Supercharging + $2k-$3k credits.
Elon dropped bombshells at the Tesla "We, Robot" event (Tesla + SpaceX + xAI collab for multi-planetary exploration):
If you're a Tesla/SpaceX/xAI shareholder, this is music to your ears. Watch the full recap.
Cybertruck deliveries? Foundation Series AWD/Premium ramping up, but cheaper models ~April-June 2025 (not 2027).
Accessories I Love:
Surprise! The Tesla Model X is the fastest-selling used Tesla (23 days on market, per iSeeCars). With S/X production ending Q2 2025, families are snapping them up before discontinuation.
Sell yours via Plug – link above.
Rivian killed their $699/month cheap lease – now $899+. Making room for R2? Use my Rivian referral.
Our fam pays $400/month (Costco) for Cybertruck + Y Performance + beater 3 (liability only).
Sell high now, buy low later. EV market shifting fast – position yourself right. Drop a comment: Buying, selling, or waiting?
Thanks for reading! Hit like/subscribe on YouTube for daily streams/giveaways. Check my Discord for live updates.
Drive safe, Dennis
P.S. We gave away a Tesla Lunar New Year robot figure live – more coming!
Tesla enthusiast and EV expert. Sharing tips on maximizing your Tesla ownership experience.