Tesla just raised the price of its Model Y, but used car buyers looking for an electric vehicle in 2023 could end up paying more than the price of a new EV if they are not careful. Fluctuating pricing and new tax credits are why.
Online used car seller Carvana (ticker: CVNA), for instance, looks like it is having some problems adjusting pricing quickly enough to keep up with changes from Tesla (TSLA).
Source: finance.yahoo.com
Related posts:
JPMorgan Says Dovish Fed Could Spark 10% S&P Rally
Nvidia Stock Is Cheap on This Metric. Why It Could Rise More Than 50%.
People Think Domino's Makes Money by Selling Pizza, but 60% of Its Revenue Comes From Something Else...
There won't be a 'v-shaped bottom' in this market: Strategist
Hedge funds using computers to sell up to $30 billion of stocks soon - UBS