For those who’re like most Tesla homeowners, you’ve got most likely skilled a point of depreciation in your Tesla. However understanding why it occurs and find out how to mitigate it could make a major distinction in your possession expertise and total funding.
Tesla automobiles, like another automobile, lose worth over time, however the components contributing to this depreciation are distinctive in some methods as a result of fast evolution of EV expertise, market dynamics, and Tesla’s personal pricing methods.
At Discover My Electrical we’ve seen, interacted with, and served quite a few Tesla homeowners who’ve skilled depreciation on their Teslas (with the individuals who purchased on the peak of the availability chain constraints, in about spring 2022, getting the worst of it).
It’s onerous to see folks constantly lose cash on their Teslas, however this has turn into a generally accepted a part of Tesla possession now. And whereas everybody is aware of that cars are depreciating property, Teslas (and to an extent, EVs usually), appear to be in a particular class right here. We’re very pro-Tesla at Discover My Electrical, however this depreciation curve is one thing that we predict is value writing about to assist inform consumers and sellers.
On this article, we’ll discover the precise depreciation developments for every Tesla mannequin, together with the Mannequin S, Mannequin 3, Mannequin X, Mannequin Y, and even the Cybertruck. We’ll break down why these automobiles are inclined to lose worth and supply sensible suggestions that can assist you decrease depreciation in your Tesla. Whether or not you’re a present Tesla proprietor trying to defend your funding or a possible purchaser eager to make a wise buy, this information will arm you with the information you want.
Why Do Teslas Depreciate & Lose Worth So Quick?
Tesla’s automobiles are well-known for his or her cutting-edge expertise, efficiency, and design. Nonetheless, regardless of their attraction, Teslas—like most automobiles—depreciate over time.
However what units Tesla aside is the distinctive set of things that affect how shortly their automobiles lose worth.
Let’s dive into the first causes behind Tesla’s fast depreciation:
- Frequent Value Changes
One of the crucial important components contributing to Tesla depreciation is the corporate’s frequent and unpredictable worth changes. Tesla has a historical past of altering the pricing of its automobiles, usually with out a lot discover. This is usually a double-edged sword: whereas it would make Tesla automobiles extra accessible to new consumers, it could additionally result in a sudden drop within the resale worth of Teslas bought at a better worth level.
For instance, if Tesla decides to scale back the worth of a Mannequin S by $10,000, homeowners who purchased the automobile earlier than the worth drop may see the worth of their automobile plummet virtually in a single day. These worth changes are sometimes pushed by modifications in manufacturing prices, provide chain dynamics, and Tesla’s technique to remain aggressive available in the market.
This was at its worst in spring 2022, when in the event you may get your fingers on a Mannequin Y Lengthy Vary, you possibly can instantly flip it for a $5k revenue. Throughout that point, members of the Discover My Electrical staff did a couple of podcasts, the place we cautioned that this wouldn’t final perpetually (and it didn’t).
Tesla was merely attempting to anticipate the availability chain curve and didn’t need to ship automobiles later that they’d lose cash on, in order that they quickly needed to overprice them (even Elon has famous this).
As soon as the availability chain obtained higher, Tesla dramatically lower costs, and everybody was left holding the bag. The worst of this, are individuals who purchased Mannequin S Plaids, for $150k+, and now have misplaced about 60% of their automobile worth in only a couple years, which actually hurts.
- Fast Developments in Know-how
Tesla is thought for pushing the boundaries of automotive expertise. From Autopilot to battery improvements, Tesla automobiles usually function the most recent in EV tech. Nonetheless, this fixed innovation signifies that newer fashions usually outshine their predecessors, resulting in sooner depreciation of older automobiles.
For example, Tesla’s over-the-air software program updates are a key promoting level, however additionally they imply that the latest fashions are often extra superior than these launched only a yr or two earlier. As new options and enhancements are launched, older fashions can really feel outdated extra shortly, which impacts their resale worth.
It’s well-known that Tesla doesn’t wait to launch {hardware} updates or enhancements on automobiles, they only roll them out in actual time. Which means that for instance, the brand new Mannequin S plaid seats—as soon as these dropped, the older Plaids with out them have been value barely much less; this occurs loads with Tesla, and whereas it is smart for brand spanking new automobiles, it results in them depreciating sooner.
- Folks Are Nonetheless Apprehensive About Proudly owning EVs Out of Guarantee
A major issue contributing to the depreciation of Teslas is the priority many consumers have about proudly owning an electrical automobile (EV) after the guarantee expires. In contrast to conventional inner combustion engine automobiles, the place upkeep and restore prices are extra predictable and well-understood, EVs introduce a stage of uncertainty, notably round battery life and substitute prices.
Tesla’s batteries are designed to final a very long time, and have a great guarantee, however the potential for a expensive restore or substitute outdoors of guarantee can deter consumers, driving down the resale worth of older Teslas. Moreover, the complexity of Tesla’s software program and the reliance on over-the-air updates signifies that some consumers concern they may encounter costly or difficult-to-fix points as soon as the automobile is out of guarantee. This hesitation can result in a steeper depreciation curve because the automobile ages and strikes past its guarantee interval.
- Shifting Shopper Preferences
Whereas Tesla’s Mannequin Y grew to become the best-selling automobile globally in 2023, the broader EV market continues to be topic to fluctuating client preferences. These shifts can create durations the place EVs, together with Teslas, are both in excessive demand or expertise slower gross sales. Regardless of Tesla’s robust model and progressive expertise, there are occasions when exterior components like financial circumstances, modifications in authorities incentives, and even the discharge of recent fashions from rivals can quickly affect client curiosity in EVs.
For instance, when fuel costs spike or new environmental rules are launched, there could also be a surge in demand for EVs, driving up costs and slowing depreciation. Conversely, when incentives are decreased or client consideration shifts to the most recent tech gadget, curiosity in EVs may wane barely, resulting in a faster drop in worth. Whereas Tesla continues to dominate the EV market, these ebbing and flowing client preferences play a task in how briskly their automobiles depreciate.
- Uncertainty Round Full Self-Driving (FSD)
Tesla’s Full Self-Driving (FSD) function is a major promoting level for a lot of consumers, nevertheless it additionally introduces a stage of uncertainty relating to depreciation. FSD continues to be in a state of improvement, and the timeline for its full rollout stays unclear. Consequently, the perceived worth of FSD can fluctuate, impacting the resale worth of Teslas outfitted with this function.
If FSD doesn’t ship on its promised capabilities inside an inexpensive timeframe, or if regulatory challenges delay its implementation, the worth proposition of proudly owning a Tesla with FSD may diminish, resulting in sooner depreciation for these fashions.
That is additionally other than the truth that FSD merely doesn’t retain its worth within the used market. So, on the time of writing, FSD prices about $8,000 to be paid in full, however is barely value $1,000 – $2000 on the used market. Whereas we positively assist Tesla’s mission on fixing FSD and autonomy, in the event you’re trying to keep away from depreciation, don’t pay for FSD in full.
- Politically-Charged Depreciation
We have now noticed a rise in some Tesla homeowners promoting their automobiles on account of their dissatisfaction with Elon for politically-related causes. On the opposite aspect of the coin, we’ve got noticed some Tesla homeowners promoting their automobiles on account of concern of vandalism or retaliation. In different phrases, the present scenario with Elon being very polarizing determine has moved folks to promote on either side (and in addition purchase new Teslas in some instances), which is affecting the used Tesla market in attention-grabbing methods. With that mentioned, this has most likely affected the used Cybertruck market probably the most, nevertheless it’s one thing to a minimum of pay attention to in case you are shopping for or promoting a used Tesla.
Tesla Mannequin S Depreciation
The Tesla Mannequin S has been a flagship of the model since its introduction in 2012, embodying the posh, efficiency, and cutting-edge expertise that Tesla is thought for.
Nonetheless, regardless of its many accolades, the Mannequin S isn’t proof against depreciation (in reality, it’s mainly the worst of all Teslas in the event you have in mind the Plaid). Understanding the precise components that affect its worth over time may help present homeowners and potential consumers make knowledgeable selections.
Preliminary Depreciation
Like most luxurious automobiles, the Tesla Mannequin S experiences important depreciation inside the first few years of possession. On common, a brand new Mannequin S can lose between 30-40% of its worth inside the first three years. This steep preliminary depreciation is typical for high-end automobiles, the place the market is smaller, and consumers are sometimes searching for the most recent and best options.
For example, a Mannequin S that initially retailed for $100,000 may be valued at round $60,000 after three years. This fast depreciation is pushed by a mixture of things, together with the introduction of newer fashions with upgraded options, frequent Tesla worth changes, and the final depreciation pattern for luxurious automobiles.
Know-how Developments
The Mannequin S has seen quite a few updates and iterations over time, from battery enhancements to inside upgrades and software program enhancements. Whereas these developments maintain the Mannequin S on the forefront of EV expertise, additionally they contribute to depreciation. Older Mannequin S variants shortly really feel outdated as newer variations hit the market with higher efficiency metrics, longer vary, and extra superior options (simply have a look at the rounded nose-cone older Mannequin S variants in the event you want proof of this).
For instance, the introduction of the Plaid model in 2021, with its unparalleled pace and new inside, triggered earlier Mannequin S variations (P100D, Efficiency, and so on.) to drop in worth. Patrons searching for probably the most superior expertise may go for the most recent mannequin, leaving older variations to depreciate extra quickly.
Influence of Provide Chain Disruptions
The Mannequin S was not proof against the availability chain disruptions that plagued the automotive trade, notably through the COVID-19 pandemic. These disruptions led to delays in manufacturing and deliveries, which quickly inflated costs for obtainable automobiles. Nonetheless, as manufacturing normalized and new items grew to become extra available, costs for used Mannequin S automobiles adjusted accordingly, contributing to a sooner depreciation fee for individuals who bought through the peak of the availability chain disaster.
Market Notion and Luxurious Automobile Depreciation
As a luxurious EV, the Mannequin S can be topic to the final developments that have an effect on luxurious vehicles. Luxurious automobiles are inclined to depreciate sooner than their non-luxury counterparts on account of a smaller pool of consumers, greater preliminary prices, and the fast tempo of technological change. For the Mannequin S, which means that whereas it would retain worth higher than some luxurious manufacturers, it nonetheless faces important depreciation, notably as newer Tesla fashions or aggressive luxurious EVs enter the market.
Resale Worth and Lengthy-Time period Depreciation
Lengthy-term depreciation for the Mannequin S tends to stabilize after the primary few years. A well-maintained Mannequin S that’s about 5-7 years previous can retain about 50-60% of its unique worth, relying on the situation, mileage, and any aftermarket upgrades. The Mannequin S tends to carry its worth higher in the long run in comparison with another luxurious automobiles, due to its model recognition and the power of Tesla’s supercharging community.
Nonetheless, it’s necessary to notice that as Tesla continues to innovate and roll out new options, older Mannequin S variants might wrestle to maintain up with the most recent expertise, resulting in additional depreciation. Moreover, the out-of-warranty considerations mentioned earlier can even play a major function within the long-term worth retention of the Mannequin S.
Tesla Mannequin 3 Depreciation
The Tesla Mannequin 3, launched in 2017 (has it actually been that lengthy?), was designed to be the extra reasonably priced and accessible choice in Tesla’s lineup, bringing the model’s cutting-edge EV expertise to a broader viewers. As the preferred Tesla mannequin by gross sales quantity, the Mannequin 3 has seen important market penetration, which performs a task in its depreciation. Right here’s what it is advisable find out about how the Mannequin 3 holds its worth over time.
Preliminary Depreciation
The Mannequin 3 typically experiences a much less steep depreciation curve in comparison with luxurious fashions just like the Mannequin S, partly on account of its decrease beginning worth and broader attraction. On common, the Mannequin 3 loses about 25-35% of its worth inside the first three years of possession, which is comparatively modest in comparison with the trade customary for automobiles in its worth vary.
For instance, a Mannequin 3 that initially offered for $50,000 may be value round $35,000 after three years. This comparatively gradual depreciation fee is influenced by robust demand for used Mannequin 3 automobiles, Tesla’s model power, and the automobile’s status for being a dependable and environment friendly EV.
Excessive Demand and Market Saturation
One of many causes the Mannequin 3 holds its worth properly is the sustained excessive demand in each new and used markets. The Mannequin 3’s reputation signifies that at the same time as new fashions enter the market, there’s a constant demand for used ones. Nonetheless, as extra Mannequin 3s are produced and enter the market, there’s a threat of market saturation, which may probably speed up depreciation sooner or later.
Within the used automobile market, the Mannequin 3 is usually seen as a wise purchase, providing lots of the identical options and efficiency as newer fashions however at a decrease price. This excessive demand helps to maintain depreciation charges decrease than anticipated for a automobile at its worth level.
This has been affected to a point although by the used EV tax credit score ($4,000 on qualifying automobiles), in addition to a flood of out-of-warranty 2018, 2019, and now 2020 Mannequin 3s getting into the market.
Influence of Frequent Software program/{Hardware} Updates
Tesla’s dedication to over-the-air software program updates is a double-edged sword for the Mannequin 3’s depreciation. On the one hand, these updates assist to maintain older automobiles updated with new options and enhancements, which might positively impression resale worth. However, main {hardware} modifications, such because the introduction of recent battery expertise or design tweaks, could make older fashions really feel outdated, resulting in sooner depreciation (for instance, older automobiles that aren’t HW3 or HW4 succesful).
For example, the Mannequin 3 has seen a number of inside and battery enhancements since its launch, and every new iteration tends to barely cut back the worth of earlier fashions. Nonetheless, the general impression on depreciation stays average as a result of automobile’s ongoing software program enhancements.
Resilience Towards Financial Fluctuations
Apparently, the Mannequin 3 has proven a level of resilience towards broader financial fluctuations. In periods of financial uncertainty, such because the COVID-19 pandemic, the Mannequin 3 retained its worth higher than many different automobiles. That is largely as a result of rising shift towards EVs, the robust model recognition of Tesla, and the price financial savings related to proudly owning an electrical automobile.
Nonetheless, it’s value noting that whereas the Mannequin 3 has been comparatively resilient, important financial downturns or shifts in client desire towards newer fashions or completely different manufacturers may nonetheless impression its long-term worth.
Lengthy-Time period Depreciation and Worth Retention
Lengthy-term depreciation for the Mannequin 3 tends to stabilize after the preliminary drop within the first few years. A well-maintained Mannequin 3 that’s 3-4 years previous can retain round 50-65% of its unique worth, relying on components like mileage, situation, and any enhancements or updates.
The Mannequin 3’s continued reputation, mixed with Tesla’s robust model presence and ongoing developments in EV expertise, suggests that it’s going to proceed to retain its worth higher than a lot of its rivals within the EV market. Nonetheless, as with all automobiles, components akin to guarantee expiration and the introduction of newer fashions will inevitably affect its depreciation over time.
Tesla Mannequin X Depreciation
The Tesla Mannequin X, identified for its distinctive falcon-wing doorways and standing as a luxurious electrical SUV, has been a standout in Tesla’s lineup since its launch in 2015. Combining efficiency, superior expertise, and family-friendly area, the Mannequin X appeals to a particular section of consumers searching for a high-end EV expertise. Nonetheless, as with all automobiles, the Mannequin X is topic to depreciation, and its distinctive traits play a task in how its worth modifications over time.
Preliminary Depreciation
The Tesla Mannequin X experiences important depreciation throughout its first few years, very similar to different luxurious automobiles. On common, the Mannequin X loses about 35-50% of its worth inside the first three years of possession. This steep depreciation is typical of high-end SUVs, the place the preliminary excessive buy worth signifies that the greenback quantity of depreciation is substantial. And for Plaid homeowners, it’s the worst on account of Tesla worth cuts and different components.
For instance, a Mannequin X that initially offered for $100,000 might be value round $55,000 to $65,000 after 2-3 years. This fast depreciation is influenced by a number of components, together with the introduction of newer, extra superior fashions, and the final pattern of luxurious automobiles dropping worth extra shortly than non-luxury counterparts.
Luxurious Market Dynamics
As a luxurious SUV, the Mannequin X can be topic to the broader dynamics of the posh automobile market. Luxurious automobiles are inclined to depreciate sooner than non-luxury automobiles on account of a number of components, together with greater preliminary costs, a smaller pool of potential consumers, and the fast tempo of technological change. For the Mannequin X, these dynamics are additional sophisticated by the EV market’s quick evolution.
Patrons of luxurious SUVs usually prioritize the most recent options, resulting in faster depreciation of older fashions. Moreover, as new luxurious EVs from different producers enter the market, the competitors will increase, placing downward stress on the resale worth of older Mannequin X automobiles.
Out-of-Guarantee Issues
The Mannequin X is thought for its superior options and complicated engineering, together with its falcon-wing doorways and complex electronics. Whereas these options are a part of what makes the Mannequin X interesting, they can be a supply of concern for consumers contemplating a used Mannequin X that’s out of guarantee. The potential for costly repairs, notably for distinctive parts just like the doorways or superior Autopilot techniques, can deter some consumers and contribute to sooner depreciation as soon as the automobile is now not coated by Tesla’s guarantee.
Lengthy-Time period Worth Retention
In the long run, the Mannequin X tends to stabilize in worth after the preliminary steep depreciation. A well-maintained Mannequin X that’s 2-3 years previous can retain round 50-60% of its unique worth, relying on components akin to mileage, situation, and the presence of any important updates or aftermarket enhancements.
The Mannequin X’s worth retention is bolstered by its standing as one of many few luxurious electrical SUVs in the marketplace, providing a mixture of area, efficiency, and expertise that is still interesting to a distinct segment section of consumers. Nonetheless, as newer fashions proceed to be launched and the posh EV market turns into extra aggressive, the Mannequin X might face further depreciation pressures.
Tesla Mannequin Y Depreciation
The Tesla Mannequin Y, launched in 2020, shortly grew to become one of the widespread automobiles in Tesla’s lineup, largely on account of its mix of practicality, efficiency, and worth. As a compact SUV, the Mannequin Y appeals to a variety of consumers, from households to tech fans, and its reputation has solely elevated since its launch. Nonetheless, like all automobiles, the Mannequin Y is topic to depreciation, and understanding the way it holds its worth may help consumers and homeowners make knowledgeable selections.
Preliminary Depreciation
The Tesla Mannequin Y experiences a comparatively modest depreciation fee in comparison with different automobiles in its class. On common, the Mannequin Y loses about 20-35% of its worth inside the first three years of possession. This slower depreciation is a testomony to the automobile’s excessive demand, robust model status, and Tesla’s steady enhancements in expertise and efficiency.
For instance, a Mannequin Y that initially offered for $60,000 may be value round $40,000 – $45,000 after two years. The lower-than-average depreciation for a automobile on this section displays the Mannequin Y’s broad attraction and the rising demand for electrical SUVs.
Excessive Demand and Market Stability
One of many key components contributing to the Mannequin Y’s decrease depreciation fee is its excessive demand. The Mannequin Y has constantly been one of many best-selling EVs globally, and its reputation reveals no indicators of waning. This robust demand helps to stabilize its resale worth, as there’s a massive pool of potential consumers for used Mannequin Ys.
Moreover, the Mannequin Y’s place as a compact SUV—a extremely fascinating automobile class—signifies that it advantages from a broader market attraction than another EVs. This has helped the Mannequin Y preserve its worth higher than a lot of its rivals, each inside the EV market and the broader automotive market.
Influence of Value Changes on Mannequin Y
Tesla’s tendency to regulate costs continuously additionally performs a task within the Mannequin Y’s depreciation. Whereas these worth changes could make the Mannequin Y extra accessible to new consumers, they’ll additionally have an effect on the resale worth of automobiles bought at a better worth level. For example, if Tesla lowers the worth of the Mannequin Y by a number of thousand {dollars}, the resale worth of older Mannequin Ys may drop accordingly.
Nonetheless, as a result of the Mannequin Y is positioned as a extra reasonably priced choice inside Tesla’s lineup, these worth changes are inclined to have a smaller impression on depreciation in comparison with higher-end fashions just like the Mannequin S or Mannequin X.
Lengthy-Time period Worth Retention
In the long run, the Mannequin Y is anticipated to retain its worth higher than many different automobiles in its class. A well-maintained Mannequin Y that’s 4 years previous can retain round 50-60% of its unique worth, relying on components akin to mileage, situation, and any important updates or enhancements.
The Mannequin Y’s robust resale worth is pushed by its ongoing reputation, the increasing EV market, and Tesla’s status for producing dependable, high-performing electrical automobiles. As Tesla continues to innovate and enhance its automobiles, the Mannequin Y is more likely to stay a strong selection for consumers searching for a automobile that holds its worth properly over time.
Tesla Cybertruck Depreciation
This one is tough to deal with, for the reason that Cybertruck hasn’t been out very lengthy, with the primary deliveries occurring in January 2024.
That mentioned, in the event you purchased a Cybertruck at MSRP again then, and took supply, there’s a great likelihood that you possibly can have really resold it for a revenue (assuming that you just weren’t nervous in regards to the no resale clause within the Cybertruck contract).
That mentioned, the worth of all Cybertrucks is coming down onerous now, for some politically-charged causes, and in addition Tesla’s regular depreciation curve. The non-Basis vans can be found, in addition to the Lengthy Vary RWD variant.
By this time subsequent yr, it’s cheap to say that you just may be capable to decide up a Cybertruck within the $50k vary, which might quantity to a minimum of 50% depreciation or so, which continues to be important, inside the first yr or two of possession for most individuals who obtained them early.
Keep away from (Or at Least Decrease) Depreciation on Your Tesla
Whereas depreciation is an inevitable a part of automobile possession, there are a number of methods you should utilize to attenuate the impression in your Tesla’s worth.
For those who’re cautious and take note of these methods/factors, you’ll be able to’t keep away from (or a minimum of decrease) among the worst components in Tesla depreciation.
- Make Use of Native IncentivesNative incentives, akin to state rebates or utility firm reductions, can considerably cut back the preliminary buy worth of your Tesla, which in flip may help cushion the blow of depreciation. Many states supply rebates for buying electrical automobiles, and a few utility corporations present further incentives for putting in house charging stations.
Generally these native incentives can actually add up, being $2,500 to $5,000 or much more, which might do loads to offset the hit of shopping for a brand new (or used) Tesla.
You’ll want to analysis the incentives obtainable in your space earlier than making a purchase order, as they’ll range broadly by location and will change over time.
- Make Use of Federal Tax IncentivesAlong with native incentives, federal tax credit for electrical automobiles can even assist cut back the preliminary price of your Tesla. At present, the U.S. authorities presents a federal tax credit score of as much as $7,500 for qualifying new electrical automobiles, together with sure Tesla fashions (and $4,000 for qualifying used automobiles). Whereas these credit might part out or change sooner or later, they’ll present substantial financial savings on the time of buy, serving to to offset depreciation.
It’s necessary to remain knowledgeable in regards to the standing of federal tax credit, as the provision and quantity can change relying on authorities coverage and the variety of automobiles offered by a producer.
- Be Conscious of Tesla Pricing ActionsTesla is thought for its unpredictable pricing changes, which might have a direct impression on the resale worth of your automobile. Staying knowledgeable about Tesla’s pricing developments may help you make smarter shopping for selections. For instance, buying a Tesla throughout a interval of worth stability, quite than instantly earlier than a worth drop, may help you keep away from sudden depreciation.
It’s additionally a good suggestion to watch Tesla’s bulletins and market circumstances carefully. If there are indicators {that a} worth adjustment may be coming, you’ll be able to time your buy or sale accordingly to attenuate the impression in your automobile’s worth.
- Don’t Pay in Full for FSDWhereas Tesla’s Full Self-Driving (FSD) function is an thrilling prospect, and we positively assist their dedication to fixing autonomy, it’s necessary to contemplate the potential impression in your automobile’s depreciation.
FSD is at present in a state of improvement, and its worth on the used market is considerably decrease than its upfront price. On the time of writing, FSD prices round $8,000 when bought outright, nevertheless it sometimes provides solely a fraction of that quantity to the resale worth of your Tesla ($1,000 – $2,000 at present).
To attenuate depreciation, take into account choosing a month-to-month FSD subscription as an alternative of buying it outright. This lets you profit from the function with out locking in a big expense that is probably not totally recouped while you promote your automobile.
- Purchase a Used Tesla (and Pay a Good Value)One of the crucial efficient methods to attenuate depreciation is to purchase a used Tesla as an alternative of a brand new one. Since new vehicles expertise the steepest depreciation within the first few years, buying a used Tesla means that you can keep away from that preliminary drop in worth.
Moreover, shopping for used usually means you will get extra automobile on your cash, because the earlier proprietor has already absorbed a lot of the depreciation.
When looking for a used Tesla, it’s necessary to make sure you’re getting a good worth. At Discover My Electrical, our platform connects consumers and sellers of used Teslas, providing detailed listings and quite a lot of aggressive offers on a variety of fashions.
Take a look at our used EV listings to discover a deal on a used Tesla and avoid among the steepest depreciation!
