The EV Price Shift: How Tesla Model 3 is Redefining the Used Car Market

The EV Price Shift: How Tesla Model 3 is Redefining the Used Car Market

The used car market has experienced dramatic changes over the past twelve months. At one point, vehicle prices soared, mainly due to the limited production of new vehicles. However, as new vehicle inventories for many leading brands have now substantially recovered, the used market has begun to react, causing a collapse in prices. According to pricing data released by iSeeCars, the Tesla Model 3 has been at the forefront of this price collapse over the past six months.

iSeeCars discovered that used vehicles have seen their prices shrink by 4.7% over the past six months and contract by 8.7% over the past twelve months. Leading this trend is the Tesla Model 3, which has experienced an average used price drop of 21.5% over the past six months—the fastest of any model from any automaker in the industry. Over the past twelve months, the Model 3 ranked as the fourth most rapidly depreciating vehicle, with prices declining by 19.3%.

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Judge Forces Musk to Testify Under Oath About DOGE and USAID AI Might Beat Brilliant AI in the Fight for Corporate America

Judge Forces Musk to Testify Under Oath About DOGE and USAID AI Might Beat Brilliant AI in the Fight for Corporate America

A federal judge denied Elon Musk's attempt to avoid a deposition in the USAID lawsuit, rejecting the apex doctrine defense and ruling that sworn testimony is the only way to determine who authorized t...

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5 Feb 8min

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4 Feb 9min

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3 Feb 14min

AI's Big Lie. 50,000 People Were Told AI Took Their Jobs

AI's Big Lie. 50,000 People Were Told AI Took Their Jobs

Companies blamed AI for over 50,000 layoffs last year, but a new report suggests many of them don't have the AI to replace those workers. Meanwhile, Google launches a model that actually tanks gaming ...

2 Feb 7min

SpaceX and xAI Merger This Week? Inside Musk's $1.5 Trillion Gamble

SpaceX and xAI Merger This Week? Inside Musk's $1.5 Trillion Gamble

Bloomberg reports SpaceX and xAI are in advanced merger talks, with a deal possible this week. We break down the leaked financials, the space data center theory, and why some see a new Berkshire Hatha...

2 Feb 9min

AI News Podcast | Weekly AI News Roundup with ChatGPT and OpenAI

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AI News Podcast covering the biggest AI news stories of the week.Weekly AI news roundup with updates on ChatGPT, OpenAI, Google, and new AI tools.This episode of AI Update is your go-to AI news podcas...

1 Feb 1h 5min

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