Part 7/10:
Moreover, industry insiders report that car dealerships are increasingly hesitant to accept EVs like Teslas as trade-ins. Dealer principals have advised sales staff not to accept trade-ins due to fears of dwindling resale values. For example, high-end models such as Porsche Tyan are experiencing up to a 50% reduction in value after just two to three years, costing owners upwards of $250,000 and raising concerns about long-term investment.