Friday, April 4

Electric Vehicle Market Update: Tesla Model S Price Plunge Signals Shift Towards Affordable EVs

Summary:

  • About five years ago, there were several lightly used Chevy Bolts available for less than $20,000.
  • A 2019 Model S Standard Range (Raven) is now listed for sale at $9,000, sparking interest in the electric vehicle market.

Author’s Take:

The electric vehicle market continues to evolve, with enticing offers like a 2019 Tesla Model S Standard Range listed for just $9,000. This drastic price drop hints at the potential for more affordable options in the used EV market, making sustainable transportation more accessible to a wider audience.


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