A Cybertruck owner is celebrating the fact that Tesla sold him a defective truck. He can now avoid all the depreciation by returning the vehicle to Tesla at full price. However, he’ll be using the money to buy another Cybertruck for $30,000 less.
No, as there will always be a lot of metal for scrap. What is the price of aluminium at your local scrapyard? That will give you an idea for the price floor.
Will the price eventually hit 0 or is it asymptotic?
Eventually, Elon will pay people to take his “trucks.”
No, as there will always be a lot of metal for scrap. What is the price of aluminium at your local scrapyard? That will give you an idea for the price floor.
Those batteries are easily the most valuable part.