Is Buying A Tesla A Bad Investment

Half the value disappears in the first few years.

Is buying a tesla a bad investment. If the company was a cooperative each of Teslas 70000 employees would be sitting on a 14 million fortune. Buying a Tesla Model 3 or Y without any extras is fairly reasonable when you consider the cost of some of the comparable gas engine vehicles notably. If you can afford a Tesla and live in a place with charging stations then this investment might be worth it.

If performance is your thing the Performance Model 3. Its an immediately depreciating asset that has no logical financial foundation. In fact David Trainer CEO of investment research firm New Constructs says Tesla is the most dangerous stock of 2020.

The thinking is that Rookie Lebron is going to be the future of the league. Notable risks include Tesla cars being too expensive with tax breaks and that the construction of its Gigafactory battery factory taking longer than expected. So a bit of a preface im pretty new to investing but one thing i do know is science so hear me out.

Hesitant investors will cite tweet after tweet of problematic rhetoric from the companys CEO. Teslas trying to protect their stock price and their mission by eliminating some of this. The charge indicator on a Tesla is way more accurate than a fuel gauge.

More broadly speaking Tesla faces risks from low gas prices and a rise in EV competition. For 48990 the Long Range Model 3 offers 322 miles of range a 145 mpg top speed and a 0-60 of just 44 seconds. Assuming you have good credit and are able to finance your new car at the current rates of 249 APR for 72 months with roughly 10 as a down payment this is what the price breakdown between the two vehicles looks like.

The buyer of a used 1-year-old car pays an average 21 or 923 less than someone buying a new Model 3. You can also call the companys sales team at 888 518-3752. Photo by Austin Ramsey.