Used Tesla For $25,000
Briefly

Used Tesla For $25,000
"A new Tesla Model 3 with All-Wheel Drive has a base price of just $50,000. A similarly featured Model Y costs about the same, both priced below the industry average for a new EV, which is $60,000."
"Tesla has begun addressing the EV price hurdle by offering used versions of its cars at its stores. A number of the used Teslas are priced below $25,000, providing a more affordable option for buyers."
"Your pre-owned Tesla vehicle comes inspected and refurbished by Tesla technicians, so you know your vehicle is road-ready. These cars also come with a limited warranty, which is another advantage over those sold elsewhere."
"Tesla's sales in the US have been slow, producing 408,383 and delivering 358,023. However, competition from major car companies is diminishing, which may improve Tesla's US market share."
Tesla's Model 3 and Model Y are priced below the industry average for new EVs, addressing price barriers to adoption. The company offers used Teslas at its stores, priced below $25,000, which are inspected and refurbished by Tesla technicians, providing buyers with assurance. Despite slow sales and the loss of the $7,500 federal tax benefit, Tesla's market share may improve as competitors exit the market. The focus on used cars indicates that the automotive aspect of Tesla remains significant.
Read at 24/7 Wall St.
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