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“If you buy a Tesla for $60,000 and a year later, it’s worth $45,000, but a Tesla changes the starting price of a new model to $50,000, your used Tesla will instantly be worth less.
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 ...
If you're thinking about ditching gas for an EV, you've probably considered the biggest name in the industry and the brand that brought electric cars to the masses -- Tesla. Most automakers have...
Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other incentives, but the results still fell short of Wall ...
Owners of Tesla electric vehicles (EVs) looking to sell might be experiencing frustration as prices as the resale value dips. Some used Tesla models have even seen 25% price drops year-over-year.
It incurred a $195 million charge because of the depreciation of its EVs, a hit made more acute by Tesla slashing its prices. Hertz said its vehicles had monthly depreciation costs of $592 per car ...
The grouped assets must have the same life, method of depreciation, convention, additional first year depreciation percentage, and year (or quarter or month) placed in service. Listed property or vehicles cannot be grouped with other assets. Depreciation for the account is computed as if the entire account were a single asset. [23]
The discounts range from $4,400 on Tesla’s top-selling vehicles to as much as $20,000 on its most expensive models. The latest round of cost cutting trimmed Tesla’s operating margin, which ...