Originally Posted by
SamirD
Teslas are now simply depreciating like any other car does from when new. Not a big deal full of drama imo. I don't think anyone ever treated these cars as some sort of appreciating asset (at least not anyone smart).
Used Teslas depreciated 30% year on year as of 2024 which is a lot more than a regular new ICE car which is around 20% from new to year one. Perhaps the depreciation will revert to ICE, but I think it will take more discounting with the glut of used Tesla EVs that people don't want. That would explain why Hertz wants them gone ASAP and why I can't rent one anymore from Hertz.