There are many comments on here trying to justify why EVs lose value quickly. Why is it simply not the case that the price falls quickly because the market only clears at lower prices? Perhaps the demand curve just isn't there for EVs as it is for ICE vehicles?

In which case: no it's not that they're amazing - it's that they are less desirable than ICE vehicles.

(I used to own a Tesla now I'm back on a hybrid, and delighted about it)