• Tesla Used Tesla prices rise 4 • 3% while rest of EV market drops after tax credit ends A new study shows that used Tesla prices have climbed 4 • 3% since the federal EV tax credit expired on September 30, while nearly every other used electric vehicle has dropped an average of 3 • Used EV market share has plunged 20% over the same period • The data, from iSeeCars’ analysis of over 1 • 7 million used cars, paints a stark picture of a two-tier EV market emerging in the wake of the credit’s elimination, one where Tesla holds pricing power and everyone else scrambles to compensate

Article Summaries:

  • A new study shows that used Tesla prices have climbed 4.3% since the federal EV tax credit expired on September 30, while nearly every other used electric vehicle has dropped an average of 3.6%. Used EV market share has plunged 20% over the same period. The data, from iSeeCars’ analysis of over 1.7 million used cars, paints a stark picture of a two-tier EV market emerging in the wake of the credit’s elimination, one where Tesla holds pricing power and everyone else scrambles to compensate. However, it appears to be a correction after Tesla’s used car prices were in free fall last year. Tesla v

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