[YeahThisIsMe]

Weird that this is presented as a problem for some reason.

They're objects that lose value when you use them. That's normal.

[gregoriol]

If something looses value faster than something else it can be compared to, then it's considered as worse, meaning fewer people are going to buy it, meaning if you have one, you'll be able to afford less than others in a few years.

[rjdj377dhabsn]

Something's ability to store value is only one factor, and probably not the most important, when you're not buying it as an investment.

A bar of gold will hold value a lot better than a car, but that doesn't mean a car is a worse purchase.

[dabbledash]

Because people prefer their objects to lose value more slowly?

Not sure why this would be hard to understand.

[lotsofpulp]

Tesla lowered the prices dramatically in Jan 2023:

https://docs.google.com/spreadsheets/u/0/d/1F5IQOynIawoXiJPV...

It does not seem remarkable that a new product takes some time to find its market price, and COGS goes down as supply chain improvements are made.

And there was a $7,500 tax credit at time of purchase introduced in Jan 2023. At least the graph comparing Model Y to Ford F150 seems expected.

[rjdj377dhabsn]

If they're losing value primarily because better options are becoming available rather than their own functionality decreasing, that's not necessarily a bad thing.

[electric_muse]

Hey, did you read the article? The newsworthy point is that the EVs depreciate faster than gas counterparts.

But hey, that just means better used EV prices for the rest of us. You can get some high end gently used ones for a great price.

—

“ For Tesla owners in the U.S., their 2023 Model Ys are worth 42% less than what they paid two years ago, while a Ford F-150 truck bought the same year depreciated just 20%. Older EV models depreciate even faster than newer ones. ”

[linsomniac]

I'm not sure I'd call an F-150 a "counterpart" to a Tesla Model Y, especially when the F-150 Lightning exists. I assume that it is because F-150 vs F-150 Lightning disproves the premise of this article.

[2OEH8eoCRo0]

Better used EV prices for buyers just means that EV sellers get ripped off

Why buy a car that depreciates hella fast?

[high_na_euv]

Dafuck? No.

It says that it deprecates faster than other type of cars which should be worse in this particular criteria

[p1dda]

Trying hard to rationalise your EV purchase I see

[rpigab]

Wierd that we're presenting SpaceX rockets that explode shortly after takeoff as a problem.

They're objects that disintegrate in the atmosphere at some point when you use them. That's normal, it even has a name: rapid unscheduled disassembly.