Comment on Elon Musk reveals Tesla software-locked cheapest Model Y, offers 40-60 more miles of range
ButtermilkBiscuit@lemmy.world 6 months agoDuring COVID and in the immediate years after their production started used Teslaa held value well. Now, they’re 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 their fleet ages, their prices will drop even more sharply. Be careful buying a used EV.
gianni@lemmy.ca 6 months ago
This was the case for all vehicles at the time due to the supply chain shortages.