BUSINESSTECH
Tesla Model 3 leads industry in value retention, barely loses any value after a year
BUSINESSTECH

Tesla Model 3 leads industry in value retention, barely loses any value after a year

Published: February 20, 2020  |  3 min read, 531 words
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Tesla Model 3 is leading the industry in value retention by barely losing any value after a year and half the depreciation rate as the second-best vehicle, according to a new study. Last year, CEO Elon Musk claimed that Tesla vehicles are now “appreciating assets” due to their self-driving capability. He claims that once Tesla achieves full self-driving capability, its vehicles will become revenue-generating assets for their owners, and as the system improves, Tesla will be increasing the price of the self-driving capability, resulting in increased value for all cars. At one point, Musk... READ MORE
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Fred Lambert
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Fred Lambert
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Critic Reviews: 1
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Fred Lambert
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Fred Lambert
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95%
User Reviews: 2
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Balanced2
Investigative1

CRITIC REVIEWS

Balanced
February 20, 2020
Balanced
A tidy little look at the referenced subject. A bit of a niche topic but nevertheless informative, particularly for those interested in this particular marque. Additionally, the comparative statistics provided supply important and relevant context. A fairly simple piece as far as it goes but nonetheless chockablock with information. The Author's balanced approach to the matter is commendable. A worthwhile read.
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PUBLIC REVIEWS

Balanced
February 20, 2020
Balanced
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Investigative
February 20, 2020
Investigative
A good investigative look at how Tesla stacks up in the used car market. Plenty of facts and figures to address even the most skeptical readers, and author Fred Lambert does well to acknowledge that a lack of used Tesla vehicle supply could be a factor.
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