SHARE THIS ARTICLE

Tesla CEO Elon Musk is warning car buyers that they need to take into account that the electric vehicle transition might cause “residual values of gas/diesel cars to plummet in the coming years.



Last year, Musk claimed that Tesla vehicles are now “appreciating assets” due to their self-driving capability.

He aims for Tesla vehicles to become revenue-generating assets for their owners, but if the price doesn’t increase, the value would stillnote
depreciate since new buyers could still buy the vehicles for the MSRP.


Read Article


Elon Musk Warns That Residual Values For ICE Vehicles Will Plummet In The Next Few Years

About the Author

Agent009

User Comments

MDarringer
FAQMD
skytop
runninglogan1
MDarringer
SanJoseDriver
MDarringer
SanJoseDriver
carloslassiter
ricks0me
MDarringer
Section_31_JTK
SanJoseDriver
dlin
Hawk
ctsang
TomM
Holydude

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]