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Tesla Used Car Price Bubble Pops, Weighs On New Car Demand

Tesla owners reselling vehicles at a profit find potential threat as prices cut down

these options may not be there once there are price cuts for the vehicles. Tesla is already offering a discounted price for its vehicles.

Tesla used car price bubble pops, weighs on new car demand

Tesla used car price bubble pops, weighs on new car demand
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Tesla Used Car Price Bubble Pops, Weighs On New Car Demand

Tesla buyers who waited months for their new car have had an unusual choice for much of the past two years: keep the new electric vehicle, or sell it at a profit to someone with less patience.

Tesla used car price bubble pops, weighs on new car demand

As more car companies start to produce EVs, Tesla's competitive advantage has dwindled. Tesla's production capacity means that buyers no longer wait months for delivery.

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