In the article "Why Used Tesla Prices Are Tanking," Inside EVs reported on why prices for used electric vehicles (EVs), including Tesla models, have been on the decline. The author interviewed Assistant Professor of Engineering Management and Systems Engineering John Helveston for his insight on the EV market.
Here is an excerpt from the article: "In part, the demand crisis was Tesla's own fault. It failed to revamp its lineup at the same rhythm that competitors do, which forced it to stoke sales with price cuts, said John Helveston, a professor at George Washington University who studies the EV market."
Read the full article on Inside EVs.