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Tesla's attempts to drive up sales have stalled with its EV market share dropping from 80% to 56%. Elon Musk once claimed his Teslas would climb in value post-purchase, a rare feat in the auto ...
Tesla Model 3 The Model 3 is the only model with a 5-year depreciation rate under the E.V. average of 49.1%. But it still loses 42.9% over that same timeframe, more than 4% higher than the ...
This isn’t necessarily unusual, though, as new vehicles tend to depreciate quickly. But take a look at the bigger picture. The earliest Polestar 2 model had a starting MSRP of $49,900.
Without FSD, which Musk said could be worth $100,000 alone and is “the most important source of profitability for Tesla,” any chance of a Tesla increasing in value is doubtful.
Automobiles, especially vehicles purchased for everyday use, aren’t typically known for being great investments in terms of accumulating value. That said, certain types of cars are currently ...
Tesla is expecting to unveil some new products this week, but it also has a lot to prove.
Car depreciation is an inevitable part of the cost of car ownership, but that doesn’t mean you have to be at its mercy. A few fairly simple habits can help to minimize depreciation and preserve ...
Tax credits for certain electric vehicles (EVs) will be slashed soon. Tesla recently noted on its website that, while customers who take delivery of a qualified new Tesla and meet all federal...