One Model S Plaid driver lost $4.19 per mile just in depreciation.
Storyboard
You Won't Believe How Much Value A Tesla Loses In Just One Year
“Buying a car today is an investment into the future. I think the most profound thing is that if you buy a Tesla today, I believe you are buying an appreciating asset, not a depreciating asset.” Elon Musk said that in 2019, and like many of his bold vision statements, has continually been proven wrong every minute of every day since. Hundreds of thousands of Tesla buyers have driven tens of thousands of dollars of value out of their cars.