American multi-billionaire Elon Musk’s prediction a few years ago that the prices of cars sold by his Tesla company would increase did not come true. TV channel reports this CNN.
Musk made a similar prediction in 2019 and repeated it four years later. According to the entrepreneur, the reason why Tesla’s aftermarket price has not only fallen but also increased is the significant autonomy of the cars. They only need some additional software updates and regulatory approval to achieve full autonomy.
Therefore, Musk suggested that in the future, used Tesla cars will cost five times more than they do now. However, nowadays second-hand cars are much cheaper than new ones. In particular, a car purchased for $51,000 two years ago can now be sold for only $22,000.
The decline in prices of Tesla products has led to the fact that the car rental company Hertz, which believes in Musk’s predictions and aims to sell its existing cars at a profit, is now forced to sell a significant number of cars urgently.
Previously Elon Musk statedIt is stated that the new Tesla Roadster can accelerate to 60 mph (96 km/h) in less than a second.
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Source: Gazeta

Anika Rood is an author at “Social Bites”. She is an automobile enthusiast who writes about the latest developments and news in the automobile industry. With a deep understanding of the latest technologies and a passion for writing, Anika provides insightful and engaging articles that keep her readers informed and up-to-date on the latest happenings in the world of automobiles.