All Electric Cars Except Teslas Have A Depreciation Problem
After 3 years, most electric cars sold in America are worth less than half what they cost new. The Model 3 is the exception.
depreciation
The Costs Of Owning A Conventional Car Are Far Higher Than People Think
Researchers in Germany say if people knew how much their cars actually cost to own, that knowledge would reduce the number of cars on the road and help boost sales of electric cars.
The World Needs Commercial Electric Vehicles Now
Financing and clean energy leadership from companies such as Ideanomics* point toward a future of decreasing carbon emissions alongside reliable economic growth. Commercial EV conversion offers a way to significantly help the environment. It should be supported legislatively in order to smooth the necessary transition away from fossil fuels in every developed country in the world. China can lead the way.
Used Car Sales Are Collapsing — What Happens Next?
Used cars are going nowhere. With almost everyone sitting at home and tens of millions of people losing their jobs, used automobile sales in the USA were reportedly down 64% in the last week of March.
Tesla Model 3 Holds Value Better Than Every Other Car In USA — By Far
Usually, as soon as you buy a new car and drive it off the lot, it loses a ton of value, but some vehicles provide an exception to the rule, losing much less of their value than others. The car in the US that loses the smallest percentage of its value after one year? Yup, that would be the Tesla Model 3.
Tesla (Competition) Deathwatch: The History of Atari
I wasn’t planning on writing a second article in this series so quickly, but I was reading through the comment section and felt compelled to write a response to cover some of those replies.
Tesla Model 3 vs. Toyota Camry — 5 Year Cost of Ownership Comparisons
There are several cost of ownership calculations out there between the Tesla Model 3 and the Toyota Camry, but there’s always room for more. In fact, as more and more Model 3s pop up around me week after week, I’m feeling like the Model 3 is the new Camry. Let’s … [continued]
7 Year Old Tesla Model S At 98% Battery Capacity Today
In a fresh Reddit discussion, the owner of a 7 year-old Tesla Model S explains that his battery is at 98% battery capacity today. This is another reminder of the reasons Tesla cars are much slower to depreciate in value. Any Model S already has long enough range that its battery can degrade significantly and it’s still a highly practical, no-compromises electric vehicle, but seeing such little degradation is that much better for initial owners and used car buyers.
With Full Self Driving Evolution, Elon Musk Believes Your Tesla’s Value Will Appreciate — Interview…
In a must-watch interview with MIT artificial intelligence researcher, Lex Fridman, Elon Musk has revealed that he believes the move towards Full Self Driving functionality will cause the asset value of current Tesla vehicles to appreciate, rather than depreciate. This is a game-changing contrast with traditional vehicles, which typically lose … [continued]
Tesla Model 3 Wins (Another) Resale Value Competition — But Kelley Blue Book Awards Sort…
Less than 3 weeks ago, Michael Barnard conducted an analysis for CleanTechnica examining the resale value of the Tesla Model 3 compared to competitors. The conclusion was that the Model 3 was dramatically better at holding its value than other cars in its class.
