whitex
Well-Known Member
You do realize the ASP is for NEW CARS, not used. So the study takes in declining ASP as a measure to calculate used car depreciation?!? Heck, why not take the stock price and calculate used car depreciation from that, or maybe number of Elon's tweets per day? This study is complete BS, someone glued together unrelated facts, added some fancy sounding words, added the conclusion they wanted to give, and putt it out on the internet.I think those are fair criticisms. iseecars doesn't say much about their methodology but they do state: "* Tesla Model S new car prices estimated from Tesla's 2016 quarterly shareholder updates."
The only sales price information Tesla provides in its quarterly updates is Average Sales Prices (ASP). If they compared ASPs in 2016 to used car sales in 2019 the results could be skewed by, for example, more frequent sales of higher end used Model Ss, which could easily be the case.