Reply to post: Re: Research fail

Tesla hits Model 3 production speed bumps, slides to loss

Jtom Bronze badge

Re: Research fail

EV resale values have plummeted.

https://blog.caranddriver.com/evs-are-cheap-to-run-but-expensive-to-own-thanks-to-abysmal-resale-values/

A major cost is the battery, and buying a used battery puts many would-be buyers off.

If Teslas are the exception, it's merely because a niche market wants the peer envy generated by owning one, and they are still hard to come by. Once that group is satified, the resale market for them will be gone.

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