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      12-27-2022, 12:50 PM   #3
Murf the Surf
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Drives: Porsche 993
Join Date: Mar 2022
Location: Dog Lake, South Frontenac, Ontario Canada

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Quote:
Originally Posted by chassis View Post
“Now fuel prices are easing, interest rates are rising, Tesla output is increasing, and EV competition is growing, leading used Tesla prices to fall faster than the market, and creating a cascading effect on prices of new Teslas.”
Maybe I don't get it but I can't see there being much of a used car market for EV's in general. The battery issue alone is a ticking time bomb. But I look at EV's like mobile phones, people seem to want to upgrade to get the latest tech, so a three year old EV is about as appealing as a 3 year old Samsung Galaxy.
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