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The electric vehicle market brings a sense of urgency. Certain models, including Tesla’s lineup, are experiencing drastic depreciation—some even losing up to 50% of their value in just a couple of years. While these cutting-edge cars may seem like solid investments, the looming prospect of expensive battery replacements creates uncertainty surrounding their long-term value.
With a considerable amount of wealth seemingly evaporating for electric car owners, caution is advised when considering investments in this technological sphere.