"For Tesla Inc. ( NASDAQ: TSLA) and other popular electric vehicle (EV) makers, the primary competition is not with one another. It is the used versions of their own cars. One analysis showed that a Ford Mustang Mach-E, which sold for $55,000 new, sold for only $33,000 when it reached its first birthday. It had less than 10,000 miles on its odometer and not a single scratch."
"In a recent study, iSeeCars researchers looked at the price of used cars that were one to five years old. The study covered 1.5 million cars and compared their sales prices in July 2024 to those in July 2025. Across the entire industry (gasoline-powered and EVs), used car prices rose 3.7% between the two periods. Prices of three Tesla models dropped over 12% year over year, the hardest hit of any models from any brand."
iSeeCars analyzed 1.5 million one- to five-year-old vehicles, comparing July 2024 and July 2025 sales prices. Across gasoline and electric vehicles, used-car prices rose 3.7% overall, but three Tesla models fell more than 12% year over year. The Model X, Model Y, and Model S showed the largest declines, with prices falling into the $29,000–$50,000 range. A Ford Mustang Mach-E example illustrates steep first-year depreciation. Falling new Tesla market share dropped below 50% in Q2, while competitors such as Ford, GM, and Hyundai/Kia approached roughly 10% each. Tesla stock has nevertheless risen substantially over the past year.
Read at 24/7 Wall St.
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