Tesla's Best Deal Of The Year | This Won't Last

[@Explodus_Maximus]

Last night I ordered my first ever new car from Tesla, Model Y AWD. I have always settled and bought used cars my entire life, now I am going to get what I want. :) Not much out there can beat the 1.99% financing Tesla offers, so I pulled the trigger. Looks like about 10 days before I can go and get it, the anticipation is killing me. I have a detached garage about 75' away from my house electric service and I will need to trench and bury a line and install a breaker for the level 2 charger. So at least that will keep me busy until I get my new wheels.

[@FrenchyTube3]

Congrats, its a great feeling. I have the same car you will love it!

[@C4rb0neum]

Oh man that reminds me of my anticipation for my 2nd hand model 3. Good on ya! I hope you enjoy it a lot!

[@maxvl2832]

Awesome! Very excited for you. Looking for a used M3 LR soon. Can.t wait!

[@joemountain223]

Congrats!

[@BrunoHeggli-zp3nl]

So bad,what a waste!Buying a used Chevy Bolt is a way better Deal!

[@wiz0zero]

Recently bought a used 64k miles 2022 M3 LR (with FSD!) for $23K out the door (after tax credit, taxes and fees). My first EV. Right now used is definitely the way to go for those trying to get into an EV.

[@sirpanek3263]

Dayum, you got the long range. I paid that for a regular m3 :/

[@JodyMay05]

I paid 29000 for new model 3 2024 after tax credit, trade in and military discount

[@GreenMango-jk8wy]

Doesn't the car need to be 2 years old to qualify for the 4k used ev?

[@ThisIsExile91]

Almost 70k miles on a 2 year old car is kinda not great. 30k left on the battery warranty is yikes

[@deadcell1]

The real question is how long until the battery needs replacement. At 64k miles I'll be kind of nervous.

[@blakefearday6047]

I actually discovered the same thing in May/June and was able to purchase my First Tesla, a 2021 Model 3 with 26k miles on it. It was $24900 which after the tax credit was $20900. I love this car more than any other car I have drove. I used to private drive some business people in 100k+ cars and while those have some very unique luxury features, the drive and experience isn't as nice as this Tesla, I love the minimalism of the design, while friends who have seen it say they want more buttons. Usually after they take a ride or two they change their mind on that opinion.

[@StLproof]

I thought the tax credit only works on 2022 and newer?

[@robbery216]

@@StLproof has to be a model year 2 years or OLDER from the current calendar year

[@robbery216]

I've had a hell of a time finding a deal where the dealers aren't taking on thousands of dollars on top of their "price"

[@jameswoffinden9215]

I at least want MPH displayed in front. If not, it’s a dealbreaker.

[@sirpanek3263]

Cant go back to gas cars after feeling the torque of the teslas haha

[@poneill65]

The fact that there are so many model 3's clustered at just a few hundred dollars over $25k (in CA at least!) is clear proof that Tesla is deliberately excluding these from the tax credit. They could easily sacrifice a couple of hundred dollars in order to give their customer this huge percentage benefit. They must be trying to prevent the used market from impacting their new sales (maybe during this current slow-down that is hitting their margins and stock price)

[@damon20r]

I have looked into getting a Tesla for a commuter car but the insurance premium is about the same as the monthly car payment.

[@jaredp17]

Yeah 1000$ for model y vs 300$ for vw id4

[@positivityplace]

I pay $220 full coverage on a 2022 Model 3, I bought recently and added my older pickup with liability for the same price as multiple....I did the math and was spending $450 on gas monthly and $90 liability insurance on my truck....so now I am spending less than $220 for both cars insured and my monthly electric bill about $55....I bought my Tesla for $20,500 added the $4000 tax instanycredit and my Tesla was paid cash $16,500 plus tax.....only worked out because of the price

[@Pleasant_moment]

Don’t even buy Tesla

[@thousandmile9477]

My monthly insurance quote was $192/ mo for 2024 Model 3 AWD

[@positivityplace]

@@thousandmile9477 that is great, mind sharing insurance company, thinking of changing my Farmers, yeah its ok but I dont like overpaying lol

[@sirpanek3263]

Got my used 2022 tesla model 3 for around 20k after the tax credit! We were shopping for cars and it was either a new SUV for 30k+ or a used car like a 2021 volkwagon golf for 19k. There was very little inventory. I got fed up and took the risk on a used tesla. So far it has been a really great decision!!

[@daveguzman953]

How much the monthly pay the car?

[@joeltroughton3021]

How did you get the tax credit on a used Tesla ?

[@NikeshAmin]

Don't forget that the $4000 tax credit for EVs has an income cap significantly lower than the $7500 credit available on new cars. For individual filers, your income cannot exceed $75k while married folks can have an income up to $150k. This is in contrast to the limits of $150k and $300k respectively for the $7500 credit.

[@ThreeDogsTwoCatsAndAWife]

@@NikeshAmin true. We didn’t qualify for the $4000 credit, but were fortunate to even buy a newer used car. Still got a great deal, direct from Tesla with an included extended warranty without sitting at a used car dealer for 2+ hours.

[@SupaChinido]

That's horrible. 75k definitely can't afford a tesla. These tax credit is a death trap from the government

[@ThreeDogsTwoCatsAndAWife]

@@SupaChinido $75k can definitely afford a sub $25K car, if they’re smart with their money. Why not?

[@daviddang82]

is it based on previous tax year? for example, if i plan to buy a used tesla sometime in 2025, will they look at the FY 24 tax year for these qualifications?

[@DurfDiggler]

@@ThreeDogsTwoCatsAndAWifeI guess it depends on the cost of their rent/mortgage. Which has skyrocketed in recent years.

[@lczspeed]

I really hope the 2025 Model Y refresh will be the best vehicle released by Tesla. Hoping for nearly flawless assembly similar to the current 3, with even greater tech. And if they can get the 800v/ low 48v system perfectly dialed in, it would be the best of the best.

[@DurfDiggler]

Those examples are really good deals. I bought a 2017 Tesla Model S 75D (lots of options) with 75k miles back in Feb, just snuck under the tax credit. At the time, the M3’s that qualified were base 2018’s with 80k+. Similar 2020 or 2021 M3s were still $30-35K. That’s a huge drop in just a few months.

[@toridas]

Glad rivian changed their mind on what side to put the charge port on

[@lifeofrichard]

As a person that does Uber, if you really think Tesla owners would let Tesla use their car for a taxi. Most will not do so. If they can get working which it's an if they will be surprised with the commercial insurance and Tesla cut of all the trip, the owner would get much of nothing on these trip. Plus with the damage and the mess that passenger will leave there is no real reason to buy a Tesla for this. 6:29

[@SparkySho]

Completely wrong from the first word till the last

[@ryansmithc]

Is it really growing for legacy OEM? They just ship to dealers and record them as sales. Meanwhile every dealership nearby is having issues moving units and you'll see so many on lots. See new Tesla's on the road daily now.

[@toulcaz31]

Uber, the company who runs 15mn food deliveries in one hour, wants to teach Tesla customer service 😂

[@lifeofrichard]

As a person that does Uber, if you really think Tesla owners would let Tesla use their car for a taxi. Most will not do so. If they can get working which it's an if they will be surprised with the commercial insurance and Tesla cut of all the trip, the owner would get much of nothing on these trip. Plus with the damage and the mess that passenger will leave there is no real reason to buy a Tesla for this.

[@northshoreplaid]

I bought my Plaid...not because of ELON...but because of the CAR and the TECH. I use FSD 90% of the time. DO I get Pissed at some of the bonehead moves...YES...But overall, it makes my driving in traffic an amazingly "pleasant" experience!! Granted everyone hates traffic...the FSD makes it very bearable. I disagree with Mars and his tossing himself out there on X...however, the companies speak for themselves. This is the BEST CAR/VEHICLE tech, I've ever owned...matching or going beyond my iphone... oh yea...did I mention performance!! On the track the car is a beast...

[@wuwei473]

I bought mine because of Elon!

[@bigguy7571]

@@wuwei473 I wouldn’t go around telling people that lol

[@sgassocsg]

@@bigguy7571. Why? Are you a woke Democrat? Your comment is proof…absolute proof, the democrats practice sharia laws.

[@talpolano4549]

Yeah I bought bcoz what is the outcome not as what Elon said :)

[@davekozlowski1266]

30+% of Tesla's were sold in California. So a new model 3 with federal and state tax credits cost $30,000 new. So $25k for a used one is unbelievably high priced. That doesn't sound like high depreciation to me.

[@darkais776]

$21k for a used is more accurate with the tax break. New model 3 is $37k(after removing the “gas savings bs” filter).

[@herewegoagain7403]

you're looking the lower trims. Ignore the tax credits, X, S, Plaid... massive depreciation.

[@otm646]

The government has subsidized the depreciation. Vehicles are still sold on a national market so you're not going to have a discount just because the consumer paid less out of pocket in California.

[@davekozlowski1266]

@@darkais776 a new model 3 is $42,500. Federal credit is $7,500 and the state is $4,500. Brings the price to $30,500. That's assuming you qualify for the credits.

[@n0face66]

@@davekozlowski1266this is not true it’s $40,687 after rebate w/tax and fees in Ca specially

[@brickrhymes984]

One thing that seems odd is, when you go to the Tesla website and look at the used cars, they say it has the tax credit, but when you click on the actual listing for the cars several of them will say they no longer meet the requirements for the tax credit.. There needs to be some better way of knowing if you will or will not get the credit when buying electric vehicles. I have heard a lot of stories of people being told by a dealer that they would get the $4000, but they didnt.

[@Rebel5150]

Just found a used Model 3 for $26k before and incentives or discounts.

[@ramenandgyoza702]

Oh wow having a low $20ks for used Teslas straight from Tesla! Wished that was offered when i was shopping

[@michaelchu1602]

They really need to get better at EV battery replacement, it makes EV cars not worth buying USED unless there's a warranty. It's a ticking time bomb without warranty since battery replacement can easily cost $20k or higher depending on the EV.

[@rberling1]

Supercharging the Rivian R2 in frigid Chicago between February 8-12 should be a treat.

[@travisli-rufus1949]

Yes $20k new telsa, every one will buy one

[@davidwb1164]

On Dutch second-hand markets you can get a 2019 standard range Tesla for as low as 17K Euro and this years subsidy-budget for secondhand EVs has been depleted but from next year, the budget is available again and will be 3K per car…

[@olegsmolinets169]

80% of US residents cannot use that tax credit so do not look into tax credit.

[@onlythebest3311]

Why would you guys buy used and think it’s a good deal when new has 7500 off + state $$ off + 1.99% apr, it’s a far better deal not to mention you get a new car / battery…and hw4 which by now is obvious significantly better to support the latest fsd. Even if you don’t use fsd now, in 2 years when it’s usable you would have the hw to leverage it….it just makes no sense to buy used Tesla when new has such good deals

[@jebidiahcarlyon3543]

Because FSD will never be usable. That's why depreciation is so high, also some range falls off with age/miles. The new car has very little value in comparison.

[@EatonZ26]

The biggest challenge is that Tesla usually prices their used cars more than the same car from 3rd party dealers but it's very cumbersome to figure out which dealer can take the 4k used car credit

[@FrenchyTube3]

@@EatonZ26 unlike other car dealers though, the price is the price when you buy from Tesla.

[@jorgerojas3424]

Paying about 3-5 k more from Tesla gives you an extra 12 month warranty. If your buying one with an expired warranty for under 25k the 12 month warranty might be worth it.

[@NoBody-le6mn]

When I'm driving, I'm in control and paying attention. With self-driving cars, it's like being in a stunt plane piloted by some drone operator who can foresee all but 0.00001% of problems. GIGO

[@SlavGuns]

Nope, not a great deal. Hertz Car Sales Tesla are a great deal. lol, 2022 models for under $17k with incentive!

[@vancity2349]

Hi Ryan, in Vancouver BC Canada, the Fiat $500e BEV is $35,000 CND less $9,000 in provincial and federal rebates. While its range is lower, thats a great deal for an affordable EV....

[@briand5379]

Waymo runs into problems with Level 4, just the other day a Waymo was caught on video here driving down the wrong side of the street, and they've partnered with Uber recently which gives them access to significantly more customers. Tesla's not even in their league, they're running Level 2, don't have a vehicle yet and have no customers.

[@halllwd94]

Yeah I picked up a '22 M3 RWD for $21k using this deal. 65k miles, but cheap. Definitely look for an LFP battery at this price point.

[@bobh9652]

Before buying any used modern used car, especially one with FSD, ask yourself if you are ok with buying an x year old pc or laptop. To my knowledge, none of the car manufactures currently have a reasonably priced way to update the old computer brain of modern used cars.

[@nunyabiness181]

This is an underrated comment. No one thinks of this. Software updates can’t upgrade the hardware

[@nickalater]

Yeah I have to agree with Uber CEO. The thing about full autonomous ride share vehicles especially teslas idea is that they aren’t thinking about psychological reinforcement. Idk if you can remember but laundry detergent used to be powder form. The only reason they changed to liquid is because liquid doesn’t clump in the water like the powder did. So it psychologically reinforced that people didn’t have to stir the water to make sure the detergent was in there like the powder. Tesla has to do the same with their cars. People will resist the idea of riding in the cars because there’s no “safety” or “control” reinforcement.

[@MODELWI-tu2oi]

When I was in New York, I rode around in Revel Teslas instead of using Uber. If Tesla doesn't want to partner with Uver, maybe Revel would be a better fit (or just buy the company)

[@JetLagRecords]

Ryan Shaw, Great content!

[@Tonystarkes888]

They are cheaper only because China is coming in with competitive prices plus EVs worldwide are out selling ice cars

[@benhermes5954]

I got my 2020 standard range model 3 Tesla for 23k

[@poneill65]

Someone (Uber) arguing that Tesla won't be capable of executing a software/app business is a fool (or high on copium). Tesla's software teams have always been far ahead of the curve, and there wopuld be no shortage of skilled developers champing at the bit to get in IF they needed new skillsets.

[@bsr6823]

I had no idea You could get a used Model 3 directly from Tesla for such a good price. Cool.

[@daveharris2884]

I was wondering when the used Teslas would decrease in price. I'm looking forward to seeing a bigger decrease in another year or so. Great video. Good job.

[@Orkneyudh8hggbvhh]

Hi Wish we got discounts like that in the UK cheapest Model 3 in UK is £39990 = $52,364.9 wow what a difference WHY ?

[@audiquagaming]

lol this is false EV market is getting crushed. Some massive bias going on here

[@Sean-vf7qr]

Tesla also dropped their model Y seven seater option from 3K to 1K, and they also got rid of enhanced auto pilot just leaving FSD as the only option

[@mockingbird187]

Tesla should buy Lyft and continue regular operations (after totally revamping it, leaning it down, etc.) and then just gradually introduce Robotaxis as the tech develops. The hailer could choose Robotaxis as an option for a relative discount. Perhaps even starting out with free rides while confidence builds.

[@junito1008]

I will NEVER EVER buy an EV unless I’m forced by regulations !! 😎

[@johnlucich3496]

YOU ARE THE BEST-KEEP-ON-KEEPING-ON !

[@daveloz1]

I really want one I’d be financing it 2nd hand but all I worry about is that something like the battery goes wrong or the motor and it would be so expensive to fix…. But I really want an electric ev and a tesla after test driving a model y.

[@CC-oy8ii]

What about when they hit the EVs with the milage tax

[@king_vixtor]

The issue is how expensive EVS are. They’re practically impossible to get one unless you earn a good amount of money. Most EV’s are around 50-60k+

[@LargeKhoiFish]

Seems like an oversight by Tesla. But there’s so many used EV Tesla sales on their site for 25,100. So it doesn’t qualify for the credit.

[@sirpanek3263]

Yup, and if they are under 25000 then they need a transportation fee bringing it over 25000 again…

[@DudeAutonomy]

The robotaxi will absolutely destroy Uber…

[@jebidiahcarlyon3543]

No it won't. FSD is and always has-been vaporware, don't lie to yourself. The company has much better things going for it.

[@kida12]

Data is so confusing. I just saw a video that showed BMW had outsold Tesla in June or July, being the #1 EV seller.

[@kimberlym6113]

Waymo should look into the incidents that happened in Arizona

[@arsizen5846]

You don’t get much body injuries at the slow speed that waymo cars drive

[@ronin4580]

R.e. CT; I have posted that Adam Jonas' (Morgan Stanley automotive analyst) prediction of annual average sales of 50,000 units for CT is underestimating interest by the public by a lot. However, I must admit that the person that can make Jonas' prediction come true is Elon. If Tesla cannot produce a CT trim for at least $20,000 less than they sell for now, Elon will prove Jonas correct. I sincerely hope that Jonas will be eating crow NLT 2025.

[@brownro214]

If all cars were "self driving" vehicle deaths and injuries would go way down to the point of being statistically insignificant. The NACS port shown is on the rear passenger side of the Rivian, the opposite of Tesla. If they move the port to the rear driver's side Rivian drivers will be able to seamlessly charge at Superchager stations while backing in as Teslas do. If Rivian moves the port to the driver side front that is a non starter. A Rivian driver would have to pull in forward into the space to the right of the one a Tesla would use, effectively taking up two stations.

[@khaibui3575]

i dont see 20k tesla anywhere on website lol. they're all 40k +

[@Hir_money]

Do anybody know if those ev electric car are at local dealership

[@MegaMijit]

might as well continue to wait for prices to drop more and more

[@jay.rsingh2530]

I pulled the trigger and took delivery last Saturday. Took advantage of the new WA state incentive. I plan to keep the car a long time so I dont mind if i ended up overpaying by 1-2k (depending on how good incentives get). I wanted the model 3 I don’t imagine incentives getting that much better for it compared to the Y

[@angelsfan1514]

If Elon wanted to he could just buy Uber lol

[@GroovyVideo2]

I see many EVs on road - way more than I expected to this quickly

[@paulmeek537]

Why am I thinking they purposely priced the used ones over the 25k mark so they don't qualify for the used tax credit

[@sirpanek3263]

Yeah it seems like that is what they did. It was frustrating. I went with a dealership.

[@brianacosta3962]

Ryans smooth and articulate dissemination of information sprinkled with occasional nit picking true origin revealed with rare poor READING & pronunskiation of the word 'herald'

[@KING6UCCI]

Car got totaled on the 7th. I’m thinking about the Mach e 0% apr for 72 months . Or a used model 3 , since they going for 25-30k. If I get a new Tesla it’ll be 1.99% but they will be worth $30,000 in two years . Not that I would sell it but if I got my car totaled again I’d be upside down.

[@mrc1436]

That happens when you finance any car and they total it

[@FreStyle3D]

Gap insurance.?

[@tomsweeney8433]

Where can I get a Tesla for 20k or less

[@life.goes.]

Model 3 is not worth it even if it's free

[@user-wx3ij1vy4l]

2020 Model 3 Long Range All-Wheel Drive 75,673 mile odometer Indianapolis, IN $18,400 After Tax Credit

[@mattk1358]

Growth shouldn’t be slowing at 3% market saturation so there is that

[@mmanjin]

Speaking of EV sales, it's now confirmed that over 50% of new vehicle sales in China are EVs, and that number is growing at an increasing rate. That's significant since China is the largest automotive market in the world by far. Also, GM, Ford, Stellantis, and other European legacy automakers can no longer compete in the Chinese market and have already pulled out or are in the process of pulling out. However, as reported by TESLARATI data from the China Passenger Car Association showed that the Model Y dominated electric vehicle sales statistics during the first half of the year in China. So Tesla is doing just as well in China as in the European and U.S. markets. Overall, the EV take rate in Europe and globally is expanding. EV sales are growing while ICE vehicle sales are going in a corresponding diametrically opposite direction and slowing considerably. Be aware of the mainstream media hype blowing smoke in your eyes and attempting to gaslight and convince the uninitiated that EV sales have stalled or stagnated. The numbers prove quite the opposite.

[@Tundra0128]

Just picked up my 2024 M3 Long Range!! 1.99 was just too tempting to pass up lmao

[@jonathanwilliams1974]

Did they apply the $7500 credit at pickup?

[@jay.rsingh2530]

Same! 300 miles since last Saturday love it so far!

[@danbuckles2745]

The aren't allowing the $7500 credit now.

[@jay.rsingh2530]

Really? I just took delivery last Saturday and had it applied at the time of purchase.

[@RevansNightmare]

I bought one yesterday and got the credit.

[@neojeeoh2650]

Just picked a 3 up 2 days ago. 7500 credit was applied.

[@andrewlynch8777]

No chance I’m buying Tesla anymore lmao

[@tonya.2645]

KZbinrs should be required to mention income limits every time they say credit.

[@johnic6458]

Yes buy buy buy

[@stevejustice3436]

Great cars but Horrible Service

[@Mgkamiolo]

Depends on your local center maybe, mine has been pretty good.

[@lordinquis8r679]

Mine is good.

[@linusa2996]

while Tesla's sales look fantastic compared to other EV sales, Ford's car sales in 2024 is 166,448 gas powered cars.

[@jay.rsingh2530]

Ford net profit margin in 2024 is 3%. They’re not making money off of them

[@Solkre82]

/me laughs in Indiana. Only extra incentive I get is $221 added to my registration fee.

[@wallyrogers2371]

Same here in Texas! This state runs on oil and gas! No need to give out incentives to vehicles not using it! Tack it onto their registration, punish them for it! Yeah! YEAH!

[@Scrappygymrat]

Ev's are slowing down big time actually

[@Dextermorga]

I have bought model 3 2021 from Tesla for $25K minus 4K tax credit . Tax credit can be applied of the used car only once. The reason why people do not see mention tax credit on 25K cars because usually there is none. Hopefully this helps.

[@yetukuri1029]

Last year I got my new Model Y. Initially for few months my range was coming upto 329/330 (7 seater). Then later Tesla announced their modified range for Model Y and from then on my Model Y range fell to 308 miles (on 100% charge). Now when I am seeing these used Teslas I am surprised to see the range as 326 or 330 miles. How this is possible. Do you mind sharing how much range you would get on 100% charge.

[@arnoldm889]

You can get a used mach e or id4 for less than a model 3. Would you guys get one of those?

[@carlfriedrichs2404]

I own an ID4, 2 Teslas and an F150 Lightning, and a Cadillac Lyriq. I use these cars on Turo. If you were going to be driving around town and charging at home, the ID4 is just fine. However, its range is limited for road trips, at least out west. The Tesla user interface is simpler, and the charging is also simpler. However, there is the Elon factor, and I probably cannot bring myself to buy more Teslas, at least new ones from Mr. Musk for my business.

[@jackmcmillan4975]

What CC do you recommend for EV charging?

[@manuelbriceno4181]

Hope you are getting informed and not influenced by one sided propaganda

[@bsr6823]

My next car is going to be a Tesla. It’s probably not gonna be for a few years though.

[@aofdemons5391]

Look at Google they got a good self driving car right now I've seen them in Phoenix Arizona

[@jimthompson717]

Teslas are depreciating rapidly. . The battery tech is about to be made obsolete by solid state batteries .

[@Dimplehead]

Are we going to get discounts on model s?

[@vangtk10]

Info is misleading. That used $4000 EV tax credit only applies to cars built within the last 2 years.

[@rockylee9832]

Wrong. Cars have to be 2+ years old, so 2022 or older.

[@dzudvu]

Update 20kf or 4 year used car

[@DrSoapHippo]

Still too expensive

[@QATest4fun]

Elon buying Uber would solve all of those problems, right?

[@ForeignEntrepreneur]

Deal of the day: Tesla is FREE.

[@sdrammm696969]

Thus guy loves tesla 😂

[@user-bm1ec4bt3d]

Can you please lose the red border around your videos KZbin has the same red border after you watched a video I can’t tell if it’s new or I watched

[@christopherbowen]

Who’s gonna tell him

[@ROKKANS]

It will last, matter of fact in 2025 it’ll be 10k!!! 🗿

[@zmarko]

You keep saying Robotaxi like it's a thing, when it's not yet. My money is on Tesla bumping this "unveiling" again from Oct to sometime next year. 🤣

[@waylonnicholson371]

Take this with a grain of salt: I was recently getting a ride in a Lyft. I was talking about automation with the driver and he told me he had recently given a Lyft to some Chinese engineers (his words) who were programming for Waymo. They told him that Waymo w/its current design will never get approved for public adoption, as each car heavily relies on cloud processing, and that there is too much latency to the Waymo servers to let the cars navigate the roads and respond to conditions in real time. If this is all true, then once on-board processing is adopted and matures, robotaxis (at least for Waymo) may have a better chance.

[@phil88]

Uber is scared 😂

[@christopherblake2588]

Asa Tesla driver and Uber driver part time. Humans are the worse drivers, and I would one day totally understand FSD being safer than some humans.

[@C4rb0neum]

I think the logic of more cars must mean lower growth rates doesn’t explain everything. Switch from horses to ICE took about 10 years. Massive growth rates but somehow Ford made it happen even while there was a war a multiple other problems. Don’t underestimate how fast things can go sometimes in capitalistic markets