"Kyle dropped a cool $140,940 on a new 2022 Tesla Model S Plaid... Kyle recently had his Model S Plaid's trade-in price assessed by Tesla and things aren't exactly looking up... After driving the car just 37,191 miles... the Model S Plaid went from being valued by Tesla at $140,940 to just $46,600-a loss of $94,340, or 67% of its original value, or an astonishing $2.54 per mile."
"But after seeing this latest tale of a six-figure depreciation on a Tesla Model S Plaid, I'm questioning everything I thought I knew about how much cars were worth... Tesla is notorious for giving awful trade-in values... While both numbers hurt a lot less than Tesla's trade-in value, it still stings."
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