Tesla prices have dropped 25% for new and even MORE for used. The entire EV market is unstable, it’s a sign of what’s coming for the broader used car market. Great signs for buyers, bad for sellers and dealers. It’s about time.
0:00 – intro
0:45 – Dealer Stock High
1:32 – Used Car Prices Plummet
2:00 – Tesla Used Drop 50%
3:20 – Other EVs
5:28 – Hybrids are better?
7:23 – Subprime and Negative Equity
9:36 – Used Car Market Predictions
10:20 – Conclusion