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:
Apple Hires 31-Year Ford Veteran to Ramp Up Electric-Car Work
Toyota Is Reportedly Changing Its EV Strategy. Tesla Has a Huge Lead.
Why the world is drowning in debt – again
Get ready for $900 billion of stock purchases this year, says Goldman Sachs. Here’s who’s buying.
Billionaire Bill Ackman Has 18% of His Pershing Square Portfolio Invested in 1 Unstoppable Stock