Joe Flacco
Elite Member
- Joined
- Jul 31, 2013
- Professional Status
- Certified Residential Appraiser
- State
- Maryland
Tesla drastically cut their prices in past year, thus alienating many Tesla owners. It's not consider a luxury car as in the past.
Used to think Tesla held its value. Elon has short term goals in ramping up profits. Instead of frolicking into politics and his personal affairs, he should work to make Tesla profitable long term.
It never was or is a true luxury car. Pricing wise it competes with luxury vehicles. Tesla gives you technology rather than traditional luxury.