Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
NACS in black, CCS in gray
It's probably because you can buy a brand new Tesla Model S for way less than a comparable 2018 Model S. The top of the line Model S was $135,000 in 2018. Now it is only $89,000. A price reduction of $46,000!!! While other car makers raise their prices every year; Tesla tries to lower the price by making their manufacturing more efficient. That's why it is selling more and more cars every year.Interesting statistic about resale values. I think the following is in the US so probably does not include Chinese EVs.
Tesla Model S Has Highest 5-Year Depreciation Among Electric Cars
Teslas have both the highest and lowest 5-year depreciation among EVs with the Model S claiming the highest and Model 3 the lowest.insideevs.com
Electric vehicles are the worst segment at holding their value, losing 49.1 percent in five years. Trucks and hybrids retain the most value, losing only 35 and 37 percent, respectively.