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Elon Musk reveals Tesla software-locked cheapest Model Y, offers 40-60 more miles of range (electrek.co)

submitted 6 months ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 6 months ago* (last edited 6 months ago) (1 children)

During COVID and in the immediate years after their production started used Tesla held value well. Now, their values are dropping off a cliff. They're depreciating on par with used luxury vehicles. I suspect that as people continue to have battery failures as the fleet ages, their prices will drop even more sharply. Be careful buying a used EV.

[–] [email protected] 1 points 6 months ago

During COVID and in the immediate years after their production started used Tesla held value well.

This was the case for all vehicles at the time due to the supply chain shortages.