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- The Daily Brief: Used Teslas Won't Sell, Death Penalty Returns to L.A., and more.
The Daily Brief: Used Teslas Won't Sell, Death Penalty Returns to L.A., and more.
Your daily update is here.
Good Afternoon! It’s Wednesday, March 26.
With a high of 64°, we will have cloudy skies with a chance for the sun to break through throughout the day in Los Angeles.
Used Tesla Market Takes a Nosedive
Tesla's market is in turmoil as used car values drop significantly, partly due to CEO Elon Musk's political entanglements. This shift sees even Tesla's loyal customers offloading their vehicles amid dwindling buyer interest. In the past month, searches for used Teslas fell by 16%, highlighting a worrying trend for the brand. Amidst backlash, the Cybertruck suffered the most, with resale values plummeting 58% below original prices. In Democratic-leaning states, loyalty has dipped drastically from 72% to 65%, suggesting a pivotal brand perception shift driven partly by political sentiments.

Hochman Brings Death Penalty Back to L.A.
Nathan Hochman, L.A. County's District Attorney, has reintroduced the death penalty for specific murder cases, reversing a significant policy of his predecessor, George Gascón. This update reignites debate on justice and racial bias—will it reshape the future of criminal justice in L.A.?
Los Angeles Homes Rank Among Nation’s Most Expensive
L.A.'s luxury real estate shatters records: A $195 million Beverly Hills mansion leads the pack as local home prices surge 23.5% — why are wealthy buyers still flocking to Southern California despite staggering price tags?


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