menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Tesla owne...
source image

Insider

1M

read

157

img
dot

Image Credit: Insider

Tesla owners offloading their cars over Elon Musk backlash are in for a nasty surprise

  • Backlash against Elon Musk and Tesla has led some owners to consider selling their cars, but they may face significant losses.
  • Resale values of used Teslas have plummeted, with the average price now $10,000 less than non-Tesla EVs.
  • Used Tesla prices dropped from over $70,000 to $30,000 in February, and the high-profile vandalism cases and protests against the company could further decrease resale value.
  • Tesla's share price has also dropped significantly, leading to concerns about the overall brand and affecting demand for used Teslas.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app