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A comment on Tesla Model Y range estimate reduced by 6%, becoming more realistic. Parent comment

Re:Tesla Model Y range estimate reduced by 6%, becoming more... by belltaco on Friday January 05, 2024 @12:07PM (#38881477)
>Meanwhile, Teslas are some of the fastest depreciating cars on the market

Because they dropped the prices of new cars by a lot after supply chain issues resolved, price of lithium and other supplies went down. Why is that a bad thing?

Meanwhile Mercedes-Benz CEO said that residual value is more important to them.

Musk: "So I just can't emphasize again how important cost is," Musk said. "It's not an optional thing for most people. It is a necessary thing. We have to make our cars more affordable so that people can buy them."

Why is cheaper EVs a bad thing? Isn't this the exact thing that's making housing super expensive, that rich homeowners are restricting supply so their home(s) keeps appreciating, leading to folks getting squeezed with home costs and rents going up exponentially.

[ Parent | on HN ]
Re:Tesla Model Y range estimate reduced by 6%, becoming more... by itsoktocry on Friday January 05, 2024 @12:16PM (#38881613)
>Why is that a bad thing?

If you were told by the CEO of the company that your car would appreciate, and instead it depreciated at a rate beyond normal, you don't see an issue with that?

[ Parent | on HN ]