Tesla is doing what other EVs have not: Retain value - News Summed Up

Tesla is doing what other EVs have not: Retain value


Car-shopping websites still have small samples sizes to work with for how used Model 3s are doing, but so far the data are extremely encouraging. SUPPLIED The Tesla Model 3 is set to retain its value in the used car market due to a lack of second-hand competition. Used Model 3s took just 29.3 days to sell on average from March through June, according to iSeeCars.com. The Tesla sedan was the fastest-selling used car the vehicle-listing aggregator tracked during that span. Jeff Chiu/AP Over-the-air updates are also helping Tesla vehicles retain their value.


Source: Stuff August 25, 2020 03:08 UTC



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