• @markstos@lemmy.world
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    81 month ago

    To your list add that new Tesla sales are also competing against an increasing number of Tesla owners who now want to divest themselves of the brand.

    More used Teslas on the market will only push down the market rates and thus profits of new Teslas even further.

    • @Buffalox@lemmy.world
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      11 month ago

      Good point, the article states a Tesla that only had 10k miles on it, had dropped in value by about 40%!!
      With such low mileage cars on the used market so cheap, Tesla will absolutely be competing against their own used cars.