Tesla Used Car Price Bubble Pops, Weighs on New Car Demand

Tesla Used Car Price Bubble Pops, Weighs on New Car Demand
A man walks by Tesla Model 3 sedans and Tesla Model X sport utility vehicle at a new Tesla showroom in Shanghai on May 8, 2020. Yilei Sun/Reuters
Reuters
Updated:

SAN FRANCISCO—Tesla buyers who waited months for their new car have had an unusual choice for much of the past two years: keep the new electric vehicle, or sell it at a profit to someone with less patience.

But the days of the Tesla flip are numbered—a potential threat to new car prices that are already getting cut.