From Corporate Intelligence:
Things Increasing in Value: Tesla Stock, and Second-Hand Teslas
Tesla Motors Inc. defies the auto industry’s normal forces of gravity in more ways than one. Its stock keeps levitating – up more than 2% today – and now comes a survey that suggests the prices for used Tesla Model S sedans may be higher than the price of the car new.
That’s the conclusion of a sample by iSeeCars.com, an auto shopping website. The company concluded that a used Tesla Model S that had a base price of $79,900 is worth an average of $99,734 used, and that a Model S with the long-range 85 kilowatt-hour battery pack is worth as much as $106,800. Other electric cars, such as the Nissan Leaf and Chevy Volt plug-in hybrid, lose value when they leave the showroom....MORE
