▲ | m463 a day ago | |
> Plummeting resale values are threatening to derail the world’s transition to electric transportation Used cars are usually sold to someone who can't afford a new car. It can also be cheaper to drive an EV than a gas car. So I think the opposite - Used EVs will create an opportunity for normal people to switch away from gas cars. As to low resale value - I think tesla was VERY aware of this problem and artificially propped up their used market when they were starting out by offering a buyback program. |