Sunday, December 22

Tesla Model 3 Depreciation Realities: Managing Expectations for Value Retention

Summary of “It’s True — My Tesla Model 3 Has Not Appreciated In Value”

Main Ideas:

– Elon Musk promised five years ago that Tesla vehicles would appreciate in value.
– A writer shared their personal experience of owning a Tesla Model 3 that did not appreciate in value.
– Despite features like Autopilot and regular software updates, the car did not increase in value as expected.
– The writer emphasizes the importance of managing expectations when it comes to Tesla’s value retention.

Author’s Take:

While Tesla vehicles offer cutting-edge technology and unique features, the expectation of them appreciating in value may not always align with reality. Despite Elon Musk’s promises, individual experiences like the one shared by the writer highlight the need for realistic expectations when it comes to the value retention of these electric cars.

Click here for the original article.