Earlier quoted context omitted.
> you have to control for (a) sports and (b) expensive cars. Fair. But the opposite is also true...Porsche 911 and 718 are both 9% and 17% depreciation values respectively, which bring the overall averages down too. Not to mention the Model S is #19 in worst depreciation. So there are a lot of factors at play other than simply saying "just eliminate all sports/expensive cars" > The Model 3 is shown to have a 42.9% 5-…
> You would have to compare a Model 3 to a sedan, not an SUV My point is that EV has a depreciation rate comparable to that of a popular automobile category. We wouldn't conclude adversely against SUVs for that number; we similarly shouldn't for the Model 3. > if EVs are as valuable as people make them out to be and the demand is so high for them The drumbeat of the last year has been about flagging demand for EVs. W…
https://www.cnn.com/2024/03/03/cars/musk-tesla-cars-value-ev...