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by rootusrootus 3370 days ago
With the number of reservations Tesla has for the Model 3, we are going to find out rather quickly what effect losing the big tax credits has on electric adoption. Maybe that is hidden somewhat by the leasing -- buying an EV right now is foolish, leasing is a much better choice. Even the Model S is going through the auctions at half MSRP or sometimes less, and less prestigous cars like the 500E are auctioning at 4K or so. Anybody who purchased on outright a few years ago is going to be extremely upside down for a while longer.