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Do you think about selling your Tesla? You will not get this amount that you may expect. The prices of the company’s vehicles decreased and are now much lower than competitors. This comes as many Tesla owners are looking to empty their cars as a sign of protest against Elon Musk’s actions in Dog.
The price of Tesla is not the only thing that was collapsing recently. The value of the re -sale of the manufacturer’s cars continue to decline, which may serve as a great shock to people looking to make a change.
The average price of Tesla has already owned a steady decrease to clarify three years so far. In 2022, used Tesla was sold for more than $ 70,000, but it decreased to $ 26,000 by last fall. Data from ISEECARS found that Form 3 has decreased by 24.8 %, more than $ 8500, in 12 months of August 2023 to August 2024.
This was the largest decrease in all EV models.
Laws of supply and demand can pay this price to less in the coming months. HERTZ has recently put 30,000 Teslas of her fleet for sale. An increasing number of Tesla owners is looking to empty their cars as part of a violent reaction against the recent comments and procedures of Elon Musk, especially through his work in Doge.
Even some protests against Mosk have turned into violence with some Tesla facilities facing protests, writings, and even attacks by people who throw Molotov cocktails.
Modern data from Cargurus shows that the average user’s price of Tesla was approximately 10,000 dollars from the other EVS in January this year.
While all EVS is a decrease in prices, a decrease in Tesla is much more descending than its competitors. It decreased on an annual basis last November, according to ISECARS, amounted to 21 %. This is compared to the average industry 1.4 %
EV prices were used for vehicles from Ford, Lexus, Nissan, Hyundai and Acura, however, all of them have seen slight increases in the same time period.
This story was originally shown on Fortune.com
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