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Used EV Values Crash as Tesla Model S and X Plunge Over 70%

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Used EV prices have plunged, with Tesla Model S and X falling over 70% from original list prices.
  • A flood of off-lease vehicles and a 41.5% drop in new EV sales in July continue to pressure industry pricing, though Tesla Cybertruck residuals remain comparatively resilient.
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TSLA price history

365.44 -12.53% over the displayed period

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