Also funny that he talks about the price depreciation, while complaining about not being able to sell it. How do you want to sell a buyer on "this will depreciate quickly in price, but please pay a price notably above current market prices"

The average new car loses 10% in the first month after buying it. It loses over 20% in the first year.

The theory behind this is that you'd only be selling a slightly used car if it was a lemon. The exception to the rule is resellers who already have a buyer lined up when they take possession of the vehicle.

But because Musk-o-philes are all Bitcoin brained and cannot conceive of prices ever going down, they're routinely shocked to discover that cars are for driving and not for speculating.

Dumb people do dumb things. News at 11.

Though I'd say this one takes it to a whole new level because of a few extra factors:

1. Pre-orders were priced for exclusivity. Iirc, Tesla was having a lot of production/inventory issues when the pre-orders were collected. I'm not sure how much the deposits were, but they'd have added some sunk cost to the situation, making it harder to walk away when it might have been clear that they would be a shitshow. No one has a deposit on anyone's used cyber truck to add incentive to pay the rest.
2. Elon's reputation hadn't sunk so low when pre-orders were made. Iirc, it was after the whole submarine/pedophile thing, but it seems that many didn't see the writing on the wall from that event.
3. They turned out to be pretty bad. Other Teslas have and had issues but the cyber truck has had some particularly embarrassing ones for a truck. Like not handling rain or sand well.
4. It looks so unique that it doesn't really fly under the radar. The two other very hated vehicles I can think of off-hand, the PT Cruiser and the Aztec, were ugly but still looked similar enough to other vehicles that many people didn't know what they were or that they were so unpopular. People could buy one before they realized, and it was easier to not care what others thought. The cyber truck looks like a 90s video game truck in a time when memes reach many more people, to the point where openly laughing at cyber trucks you see in RL might be a meme.
5. Cars and trucks are expensive in general, but this one is on another level. While I might be behind on inflation, the price is comparable to a mid/low-end Porsche (~80k for a boxter, ~120k for a 911 is my benchmark, though it's old but it's also CAD, so maybe it works today for USD). A) why would someone want that more than a Porsche? B) most people can't afford a Porsche.

Not to mention the people Elon is pandering to these days either have trouble affording his vehicles without a dealer trying to convince a bank to take the loan, or can easily afford it but have money in part because they don't spend it on stupid shit like a cyber truck.

All of that on top of the usual depreciation.

Tesla's have the absolute worst resale value compared to ICE, PHEV or Hybrids. Batteries degrade over time and with increased usage, so by the time you try to sell a Tesla that's a few years old, a lot of the advertised maximum capacity has escaped from that battery and the cost of a replacement likely exceeds the value of the entire used car.

Two of my coworkers got fantastic deals on used Tesla's because they go for so cheap on the secondary market and California is awash in them so there's always someone somewhere trying to get rid of theirs and usually for less that what it would normally blue book for.

You're right.

Top Gear did a piece about the Aston Martin Vantage. New, £170,000 (GBP). 20,000 miles later it was worth £80,000. 90k depreciation in less than a year.