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Tesla’s move sent ripples across the used electric car market, sending some values significantly downward on some.
“Price cuts on new Teslas immediately impacted used Teslas, driving their prices down ... sales both in the US and abroad. S&P Global Mobility reported registrations for Tesla vehicles in ...
“In both the new and used car markets, Tesla prices have been dropping for over two years,” said Karl Brauer, iSeeCars Executive Analyst. “Price cuts on new Teslas immediately impacted used Teslas, ...
Tesla’s price cuts are also putting lots of pressure on traditional car companies. Ford, for example, has already slashed prices on the Mustang Mach-E in response, but keeping up with Tesla on ...
Tesla ended up doing a little better than I expected, but was still well below the street's average estimate for total revenues. Part of this was due to average selling prices holding up quite ...