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.
It is because people are incentivized to just wait for the "better options" that everyone knows are coming soon. Or, let's say you bought one and had an accident that totals the car but oops, the steep depreciation curve means you have to go out of pocket to pay off a total loss. No one wants that.
lotsofpulp|4 months ago
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|4 months ago
xienze|4 months ago