A couple of days ago, I wrote about a somewhat complicated situation in the used electric car market . I included several notes for matters affecting used EV prices and time on lot. However, looking at some of the details further, I wanted to revisit this and highlight a very important point for the market now and going forward: the used electric car market in the US is, even broadly speaking, at the whim of Tesla’s supply-vs-demand trends. Starting with the matter of price , in 2022, many Tesla owners were selling or trading in their Teslas because they had retained so much value or had in some cases even risen in value. The issue…
US Electric Car Market at the Whim of Tesla Supply-vs-Demand Trends
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