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A comment on Tesla: Recalled touchscreens were meant to only last 5-6 years. Parent comment
Share of new cars was 6.9% in 2019, ~5.0% in 2020, and scrappage rate was 5.1% in 2019 (source: https://news.ihsmarkit.com/prviewer/release_only/slug/bizwir...).
If the average in/out flow per year is ~5%, average life is 20 years. If 6%, ~17 years.
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Share of new cars was 6.9% in 2019, ~5.0% in 2020, and scrappage rate was 5.1% in 2019 (source: https://news.ihsmarkit.com/prviewer/release_only/slug/bizwir...).
If the average in/out flow per year is ~5%, average life is 20 years. If 6%, ~17 years.