Tesla's used-car price bubble has burst, putting pressure on demand for new cars
Reuters reported on Dec. 28, 2565 that Tesla electric car buyers who have been waiting months for a new car have had an unusual choice over the past two years between keeping their new electric car. Or sell it to make a profit to those who have little patience. But Tesla's situation has changed over time. That poses a potential threat to the prices of Tesla's new cars, which are being lowered.
The price of used Teslas is falling faster than those of other automakers. And the clean energy status symbol in dealers has been in decline for a very long time. The average price of a used Tesla in November 2565 was $55,754, down 17% from a peak in July of $67,297. The overall used car market fell 4% during that time, according to Edmunds Cars. Used Teslas were in dealer inventory for an average of 50 days in November, compared to 38 days for all used cars.
while the price of oil increased which was a result of the Ukrainian war Stimulating demand for Tesla cars One of the few long-range electric cars on the market, Tesla Inc has raised prices faster than other cars to make a profit. And some new Tesla car buyers are taking advantage of the booming market to sell their relatively new vehicles for a profit. then order a new car This stimulates demand for Tesla's new cars.
Fuel prices are currently easing. Interest rates rise Tesla's productivity increases And the competition for electric cars is increasing. This causes the price of used Teslas to fall faster than the market. and create a lasting impact on the price of new Teslas.
Last week, Tesla doubled the price of new cars in the United States to $2 for Model Ys and Model 7,500s delivered in 3, causing investors to worry about falling demand.
Nearly one-third of used Teslas sold in August were resale 1 models, analysts said. This is a sign that the original buyer intended to flip. That compares to about 3% of other brands on the second-hand market.
Tesla shares fell 7.3% to a two-year low of $2 in early trading Tuesday, having fallen more than 114.12% in 27.
