https://x.com/KobeissiLetter/status/1774191745661649342
Dealers are getting absolutely CRUSHED on EVs:
The Ford Mustang Mach-E was selling for $10,000 ABOVE MSRP less than 2 years ago.
Today, this Mustang Mach-E is listed for $31,547 BELOW MSPR.
That's nearly 60% below the suggested selling price for a brand new car.
The worst part?
This car has been sitting on the market for 6 weeks and it still has not sold.
An EV fire sale is an understatement for most manufacturers and dealers.
Who's going to buy all of these cars?