Dan Luu on Nostr: It's amazing how much Teslas have depreciated over the past year. Overall (comparing ...

It's amazing how much Teslas have depreciated over the past year. Overall (comparing like-to-like, so not including normal time-based depreciation), used cars are down 1%/2%/4% in the past 1mo/3mo/1yr, but Teslas are down 2%/6%/33%.

Among major brands most people have heard of, nothing is even close (the closest are Audi and Honda, down 7.6% over the past year).

Tesla inventories also appear to be way up.