Catherine Wood, chief executive of ARK Investment Management, yesterday addressed concerns about how electric vehicle adoption will be affected by low oil prices. She underscored that the biggest factor for total-cost-of-ownership is auto residual values. While the value of used cars is tumbling, the trade-in values of Tesla EVs are holding firm.
Tesla used cars Stories May 9, 2020
Tesla used cars Stories April 11, 2018
Tesla has changed its ‘certified pre-owned’ (used) vehicle policy this week to stop “refurbishing” its used cars just ahead of them receiving a big influx of vehicles as more 3-year leases are ending. expand full story
Tesla used cars Stories June 12, 2017
As we reported last week, Tesla introduced a new kind of warranty for certified pre-owned cars (CPO), a term the company abandoned for simply ‘used cars’, and with it, it made available new batches of relatively high-mileage vehicles for new record low prices. When it comes to the Model S at least.
Those vehicles have been selling so fast that they are often on the website literally only for a few hours. And now, they even brought the new
CPO used car program to other countries. expand full story